- A couple of acquisitive banks rate upgrades to Buy today, with Sandler O'Neill boosting Old National Bancorp (ONB +2.7%) and BB&T lifting First Financial Holdings (SCBT +2.7%).
- "It's tough to break old habits," wrote SA Pro's Stephen Rosenman in a bearish essay Old National one month ago. The bank has been overpaying for acquisitions for decades and can't seem to stop.
Old National and First Financial boosted by upgrades
Feb 21 2014, 12:35 ET