Stephens began coverage on shares of Lyons Bancorp (NASDAQ:OCBI) in a research note published on Tuesday morning, The Fly reports. The firm issued an overweight rating and a $29.00 target price on the stock.

OCBI stock opened at $24.00 on Tuesday. Lyons Bancorp has a 12-month low of $23.75 and a 12-month high of $31.00.

Lyons Bancorp Company Profile

Orange County Bancorp, Inc, a bank holding company, provides commercial and consumer banking services to individuals, small businesses, and local municipal governments. It accepts checking and savings accounts, money market accounts, custodial accounts, certificates of deposit, and remote deposits. The company also offers personal and business, and home equity loans; power lines of credit; and fixed rate, jumbo, and residential mortgages, as well as letters of credit.

Further Reading: What are municipal bonds?

The Fly

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