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Zacks Investment Research upgraded Park Sterling Corp (NASDAQ:PSTB) to Hold in a report released today.

Only yesterday Park Sterling Corp (NASDAQ:PSTB) traded 0.97% higher at $8.30. The company’s 50-day average is $8.15 and its 200-day moving average is $7.35. The last stock price is up 13.00% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. 150,735 shares of the stock traded hands, down from ann avg. volume of 158,620.

Zacks Investment Research has upgraded Park Sterling Corp(NASDAQ:PSTB) to Hold in a report released 9/17/2016.

Performance Graphic:

Park Sterling Corp (NASDAQ:PSTB)

A total of 6 firms have issued a ratings update on PSTB. One analyst rate the company a strong buy, four firms rate the company a buy, one firm rate the stock a hold, 0 rate the company to underperform, and finally 0 analystsrate the company as sell with an average target stock price of $8.08

Park Sterling Corp has a P/E of 24 with a one-year low of $5.90 and a one-year high of $8.59. The company’s market capitalization is presently $0.0.

More About Park Sterling Corp (NASDAQ:PSTB)

Park Sterling Corporation is a holding company for Park Sterling Bank (the Bank). The Bank is a North Carolina-chartered commercial nonmember bank. The Company provides banking services to small and mid-sized businesses, real estate owners, residential builders, institutions, professionals and consumers doing business or residing within its target markets. It provides a range of banking products, including personal, non-profit checking accounts, interest on lawyer trust accounts, individual retirement accounts, business and personal money market accounts, time deposits, overdraft protection, and online and mobile banking. Its wealth management activities include investment management, private banking and investment brokerage services. Its cash management activities include remote deposit capture, lockbox services, sweep accounts and wire payments. Its capital markets activities include interest rate and currency risk management products, and loan syndications and debt placements.

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