Zacks Investment Research upgraded shares of EVERBANK FIN CP (EVER) from UNDERPERFORM to NEUTRAL on March 11, 2014, with a target price of $19.40.
EverBank Financial Corp is a diversified financial services company engaged in providing banking, lending and investing products and services. It originates, invests in, sells and services residential mortgage loans, equipment leases and various other consumer and commercial loans. EverBank has three operating business segments: Banking and Wealth Management, Mortgage Banking and Corporate Services. Its Banking and Wealth Management segment primarily includes earnings generated by and activities related to deposit and investment products and services and portfolio lending and leasing activities. The Mortgage Banking segment primarily consists of activities related to the origination and servicing of residential mortgage loans. It provides services to customers through websites, over the phone, through the mail and through financial centers. EverBank Financial Corp is based in Jacksonville, Florida.
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