UPDATE: EverBank Stock Undervalued: Oppenheimer On Buy Initiation
December 06, 2013 at 08:15 AM EST
In a report published Thursday, Oppenheimer analyst Terry McEvoy initiated a Buy rating on EverBank Financial (NASDAQ: EVER ) and initiated a price target of $21.00. In the report, Oppenheimer says "EverBank's steady EPS, tangible book value and balance sheet growth through different cycles are more than just fortunate luck
