BOFI HLDG INC (BOFI) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of BOFI HLDG INC (BOFI) from UNDERPERFORM to NEUTRAL on August 07, 2012, with a target price of $21.40.

Bofi Holding is the holding company for Bank of Internet USA, a consumer-focused, nationwide savings bank operating primarily through the Internet from a single location in San Diego, California. They provide a variety of consumer banking services, focusing primarily on gathering retail deposits over the Internet and originating and purchasing multifamily and single family loans for investment.

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