GUARANTY BANCRP (GBNK) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of GUARANTY BANCRP (GBNK) from NEUTRAL to OUTPERFORM on July 05, 2012, with a target price of $2.30.

GUARANTY BANCORP is a bank holding company with one wholly owned bank subsidiary, Guaranty Bank and Trust Company. Guaranty Bank and Trust Company provides banking and other financial services, including real estate, construction, commercial and industrial, energy, consumer and agriculture loans, to consumers and small and medium-sized businesses, including the owners and employees of those businesses, through 36 community banking branches in the Colorado Front Range. Guaranty Bank also provides trust services, including personal trust administration, estate settlement, investment management accounts and self-directed IRAs.

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