SUN BANCORP/NJ (SNBC) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of SUN BANCORP/NJ (SNBC) from UNDERPERFORM to NEUTRAL on April 16, 2013, with a target price of $3.10.

Sun Bancorp, Inc. is a bank holding company with two principal subsidiaries, Sun National Bank and Sun National Bank. Through the Banks, Sun Bancorp provides community banking services. The Banks offer comprehensive lending, depository and financial services to their customers and marketplace. The Banks' lending services to businesses include commercial and industrial loans and commercial real estate loans.

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