Webster Financial: Not Yet Ready For An Upgrade

Fly View Productions One of the things that I love most about analyzing companies is being able to upgrade them. With very few exceptions, there aren't any companies that I don't want to see succeed. One business that I feel that's getting close to deserving of an upgrade is Webster Financial Corporation (NYSE:WBS). You see, back in late January of this year, I downgraded the firm from a "buy" to a "hold." This downgrade came after shares spiked 41% since my initial rating on the company. For context, the S ...