Newtek Business Services Inc. (NEWT) Upgraded to “Hold” at Zacks Investment Research

According to Zacks, “Newtek Capital, Inc. resulted from the combination of the businesses previously owned by BJB Holdings, Inc. and REXX Environmental Corporation and is operating as a holding company for a network of partner companies in a collaborative and coordinated effort to develop successful businesses in a number of existing as well as emerging, technological business lines. ” Several other research firms have also weighed in on NEWT.