FIRST DEFIANCE (FDEF) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of FIRST DEFIANCE (FDEF) from UNDERPERFORM to NEUTRAL on November 20, 2013, with a target price of $26.70.

First Defiance Financial Corp. is a unitary thrift holding company that, through its subsidiaries focuses on traditional banking, mortgage banking, and property and casualty, life and group health insurance products. Their traditional banking activities include originating and servicing residential, commercial, and consumer loans and providing a broad range of depository services.

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