Zacks Investment Research downgraded shares of ARROW FINL CORP (AROW) from OUTPERFORM to NEUTRAL on January 06, 2014, with a target price of $29.60.
Arrow Financial Corporation is registered as a bank holding company. They own two nationally chartered banks, Glens Falls National Bank and Trust Company, and Saratoga National Bank and Trust Company, as well as two non-bank subsidiaries, the operations of which are not significant. They own directly or indirectly all voting stock of all its subsidiaries. The business of the Company consists primarily of the ownership, supervision and control of its bank subsidiaries.
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