Hudson City Bancorp (HCBK) is upgraded to Buy at Guggenheim. Analysts there expect earnings to...

|About: Hudson City Bancorp, Inc. (HCBK)|By:, SA News Editor

Hudson City Bancorp (HCBK) is upgraded to Buy at Guggenheim. Analysts there expect earnings to bottom in Q3 and growth to resume in 2013. Like others the bank has struggled with making money in this interest rate environment (and with the GSEs crowding out its mortgage business), but has thus far managed to maintain its $0.08 dividend.