Webster Financial Enters Oversold Territory


Webster Financial Corporation’s (NYSE:WBS - News) share price has entered into oversold territory with a stochastic value of 10.990. The Zacks Consensus Estimate on the company’s earnings for year ending December 2011 increased by 10 cents over the past month to $1.51 per share. Webster Financial Corporation is a Zacks #1 Rank (“Strong Buy) company.


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