Zacks Investment Research downgraded shares of POPULAR INC (BPOP) from OUTPERFORM to NEUTRAL on June 24, 2013, with a target price of $32.90.
Popular, Inc. is a diversified, publicly owned bank holding company. The corporation's principal subsidiary, Banco Popular de Puerto Rico, has one of the largest retail franchise in Puerto Rico, operating numerous branches and automated teller machines. The Bank also operates branches in the U.S. Virgin Islands, the British Virgin Islands, and New York.
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