CHEMICAL FINL (CHFC) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of CHEMICAL FINL (CHFC) from OUTPERFORM to NEUTRAL on November 19, 2012, with a target price of $26.90.

CHEMICAL FINANCIAL CORP. is a multi-bank holding company. The company business is concentrated in a single industry segment, commercial banking. Subsidiaries offer a full range of commercial banking and fiduciary services. These include accepting deposits, residential and commercial real estate financing, commercial lending, consumer financing, debit cards, safe deposit services, automated teller machines, money transfer services, corporate and personal trust services and other banking services.

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