SEACOAST BKNG A (SBCF) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of SEACOAST BKNG A (SBCF) from NEUTRAL to UNDERPERFORM on August 01, 2012, with a target price of $1.30.

Seacoast Banking Corp of Florida is a bank holding company. Seacoast and its subsidiaries offer a full array of deposit accounts and retail banking services, engages in consumer and commercial lending and provides a wide variety of trust and asset management services, as well as securities and annuity products.

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