WASHINGTON BNKG (WBCO) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of WASHINGTON BNKG (WBCO) from OUTPERFORM to NEUTRAL on July 02, 2012, with a target price of $14.90.

Washington Banking Company is a registered bank holding company whose wholly-owned subsidiary, Whidbey Island Bank, a Washington state-chartered bank, conducts a full-service community commercial banking business.

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