CRESCENT FINL (CRFN) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of CRESCENT FINL (CRFN) from NEUTRAL to OUTPERFORM on November 01, 2012, with a target price of $5.60.

Crescent Financial Corporation is a bank holding company. They conduct almost all of their business through Crescent State Bank, which is in the commercial banking business.

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