Compass Point has upgraded the stock of Hilltop Holdings Inc. (NYSE:HTH) to Neutral from its previous rating of Buy. The firm has set a target price of $28.5
Other brokerages that changed their ratings on the stock on November 23 are:
Compass Point has upgraded the stock of SunTrust Banks Inc. (NYSE:STI) to Neutral from its previous rating of Buy. The firm has set a target price of $54
Deutsche Bank AG has upgraded the stock of Abercrombie & Fitch Co. (NYSE:ANF) to Sell from its previous rating of Hold. The firm has set a target price of $13
JPMorgan Chase & Co. has upgraded the stock of Tegna Inc. (NYSE:TGNA) to Neutral from its previous rating of Overweight.
About Hilltop Holdings
Hilltop Holdings Inc. is a financial holding Company. The Company provides business and consumer banking services from offices located throughout Texas through PlainsCapital Corporation (the Bank). It has three operating business units, which include PlainsCapital (banking and mortgage origination), Hilltop Securities Holdings LLC (Securities Holdings) and National Lloyds Corporation (NLC). Its segments include banking, broker-dealer, mortgage origination and insurance. The banking segment includes the operations of the Bank. The broker-dealer segment includes the operations of First Southwest Holdings, LLC (First Southwest), Hilltop Securities Inc. (Hilltop Securities) and Hilltop Securities Independent Network Inc. (HTS Independent Network). The mortgage origination segment operates through a subsidiary of the Bank, PrimeLending. The insurance segment consists of the operations of NLC. The Bank provides banking and wealth, investment and treasury management services.
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