Zacks Investment Research downgraded shares of WEBSTER FINL CP (WBS) from OUTPERFORM to NEUTRAL on September 16, 2013, with a target price of $30.50.
WEBSTER FINANCIAL CORP. is a multiple bank holding company which, thru its subsidiary, is engaged primarily in the business attracting deposits from the general public and investing these funds in loans for the purchase, construction or refinancing of one-to-four family homes.
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