Oppenheimer upgrades a couple of hot community banks, with Prosperity Bancshares (PB) and...

|About: Prosperity Bancshares, Inc. (PB)|By:, SA News Editor
Oppenheimer upgrades a couple of hot community banks, with Prosperity Bancshares (PB) and Signature Bank (SBNY) both now deemed Holds instead of Sells. As with most smaller lenders, the banks cruised right through June's wobbles as widening rate spreads and an improving economy trumped higher bond yields.