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Fly News Breaks for December 7, 2015
BBT
Dec 7, 2015 | 07:40 EDT
As previously reported, Raymond James upgrade BB&T to Strong Buy from Outperform and increased its price target to $45 from $42 on shares. Analyst Michael Rose has increased confidence management can achieve its targets, that the recent Susquehanna and National Penn acquisitions will exceed expectations, is well positioned for additional accretive bank acquisitions, should exhibit NIM expansion, and appears ahead of regulatory and technology investment relative to peers, among other reasons.
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