Standpoint Research

City Holding (NASDAQ:CHCO) Downgraded on Fair Value

Filed in BP, City Holding, downgrade, Gold Prices, o, shares, Standpoint Research, target by on December 28, 2010 0 Comments

Citing the regional bank being fairly value and reaching their price target, Standpoint Research downgraded City Holding (NASDAQ:CHCO) from “Buy” to “Hold.”Standpoint says, “West Virginia/Kentucky/Ohio regional bank CHCO has jumped 27% since our February 9, 2010 recommendation. The shares have out-performed the S&P-500 (and the XLF) by 1000 bps for us and are now fairly valued at a two-year high,

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