Zacks Investment Research downgraded shares of BERKSHIRE HILLS (BHLB) from NEUTRAL to UNDERPERFORM on May 23, 2013, with a target price of $25.50.
Berkshire Hills Bancorp, Inc. is a bank holding company. Through its subsidiaries, the company is engaged as a community bank that accepts retail deposits from the general public in the areas surrounding its full-service banking offices and uses those funds,together with funds generated from operations and borrowings, to originate residential mortgage loans, commercial business and real estate loans and consumer loans, primarily indirect automobile loans.
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