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Morgan Stanley Lowered Its 2013 EPS Estimate For Popular, In

Financial News Network
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August 25, 2011 AT 2:59 AM
Morgan Stanley lowered its 2013 EPS estimate for Popular, Inc. (NASDAQ:BPOP) to $0.47, from $0.48 per share, and maintained its overweight rating on the stock, with a $4.50 price target.Banco Popular has a potential upside of 111.5% based on a current price of $1.97 and an average consensus analyst price target of $4.17.Banco Popular is currently below its 50-day moving average (MA) of $2.47 and below its 200-day MA of $2.91.