ORITANI FINL CP (ORIT) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of ORITANI FINL CP (ORIT) from OUTPERFORM to NEUTRAL on December 26, 2012, with a target price of $16.20.

Oritani Financial Corp. is the holding company for Oritani Savings Bank, a savings bank offering a full range of retail and commercial loan and deposit products. The Bank currently operates its main office and eighteen full service branches in the New Jersey Counties of Bergen, Hudson and Passaic.

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