CRESCENT FINL (CRFN) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of CRESCENT FINL (CRFN) from OUTPERFORM to NEUTRAL on January 07, 2013, with a target price of $5.80.

Crescent Financial Corporation is a bank holding company. They conduct almost all of their business through Crescent State Bank, which is in the commercial banking business.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

To get a free copy of the research report on CRESCENT FINL (CRFN),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .