KBW

KBW reiterated its Outperform rating on Goldman Sachs (NYSE: GS). At the same time, the rating agency reduced its price target on the company's stock to $185. On Tuesday, GS closed the day at $128.49. Its shares added 0.11% to their value in today's pre-market trading to stand around $128.63.

KBW reiterated its Market Outperform rating on Harleysville Group (NASDAQ: HGIC). At the same time, the rating agency reduced its price target on the company's stock to $36. On Tuesday, HGIC closed the day at $31.65.

KBW reiterated its Outperform rating on Westamerica Bancorp (NASDAQ: WABC). At the same time, the rating agency left its price target on the company's stock unchanged at $60. On Tuesday, WABC closed the day at $47.40.

KBW reiterated its Market Perform rating on KeyCorp (NYSE: KEY). At the same time, the rating agency left its price target on the company's stock unchanged at $9. On Tuesday, KEY closed the day at $8.06. Its shares added 1.24% to their value in today's pre-market trading to stand around $8.16.

KBW reiterated its Market Perform rating on Mercantile Bank (NASDAQ: MBWM). At the same time, the rating agency raised its price target on the company's stock to $9.50. On Tuesday, MBWM closed the day at $9.58.

KBW reiterated its Market Perform rating on Platinum Underwriters Holdings (NYSE: PTP). At the same time, the rating agency left its price target on the company's stock unchanged at $39. On Tuesday, PTP closed the day at $33.37.

KBW reiterated its Outperform rating on Wells Fargo (NYSE: WFC). At the same time, the rating agency left its price target on the company's stock unchanged at $33. On Tuesday, WFC closed the day at $28.41. Its shares added 0.56% to their value in today's pre-market trading to stand around $28.57.

KBW is out with its report today on Marriott International (NYSE: MAR), raising its PT from $40 to $48 In a note to clients, KBW writes, "We are updating estimates to reflect the stand-alone lodging business post expected timeshare spin-off by year-end 2011. Full-year 2011E EPS unchanged at $1.40...

KBW is out with its report today on Bank of New York Mellon (NYSE: BK), maintaining Market Perform. In a note to clients, KBW writes, "Overall, earnings were roughly in line with our expectations as in-line operating revenues were offset by higher expenses. While revenue growth and new business...

KBW has an Oupterform rating and a $12 price target on shares of Meadowbrook Insurance Group (NYSE: MIG). In a note to clients, KBW writes, "Meadowbrook announced $12.5 million of 2Q11 catastrophe losses, approximately $0.08/share higher than normal. We are lowering our 2Q11 and FY11 estimates to...

KBW has an Outperform rating on shares of American Safety Insurance Holdings, Ltd. (NYSE: ASI) and a $25 price target on shares. In a note to clients, KBW writes, "ASI announced 2Q11 storm losses of $3-$4 million ($0.25-$0.33 per share or 5.2-6.9 points). The mid-point of the announced range is...

KBW is out with a research report on Transatlantic Holdings, Inc. (NYSE: TRH), as the company is merging with Allied World Assurance Co Holdings, AG. (NYSE: AH). It has a Market Perform rating and a $53 price target on Transatlantic Holdings. In a note to clients, KBW writes, "We believe the...

KBW is out with its report today on Home Bancshares (NASDAQ: HOMB), maintaining Market Perform. In a note to clients, KBW writes, "HOMB announced that it has redeemed TARP without a dilutive capital raise. We were modeling for the company to redeem TARP in 4Q11 so we are tweaking our 2011 EPS...

KBW is out with its report today on First Financial Bankshares (NASDAQ: FFIN), assuming coverage on FFIN at Market Perform. In a note to clients, KBW writes, "We are assuming coverage of First Financial Bankshares, Inc. with a Market Perform rating and $32 12-month price target. First Financial is...

KBW is out with its report today on Washington Banking (NASDAQ: WBCO), initiating WBCO at Outperform. In a note to clients, KBW writes, "We are initiating coverage of shares of WBCO with an Outperform rating and a one-year price target of $17. We are establishing 2011, 2012, and 2013 EPS estimates...