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Deutsche Bank Securities Initiates Coverage with BUY Rating on Webster Financial (WBS)
January 6, 2012

NEW YORK, January 6 (FinanceEnquiry.com) - Analysts at Deutsche Bank Securities initiate coverage with a BUY rating on the shares of Webster Financial Corp (NYSE: WBS). The 12-month target price is set to $23.


In a research note published yesterday, the analysts establish FY11, FY12 and FY13 core EPS estimates of $1.60, $1.65 and $1.75, respectively. The analysts indicate that

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