- KBW's Catherine Mealor upgrades Bank of the Ozarks (OZRK -0.2%) to Outperform from Market Perform, The $48 price target suggests about one-third upside. A possible catalyst would regulatory approvals for two pending acquisitions, she says.
- As for the price action since Carson Block pitched OZRK as a short at Ira Sohn last week, it's not good. Despite what's now two upgrades and a sizable insider buy, the stock hasn't managed to bounce.