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Fly News Breaks for July 15, 2016
STI
Jul 15, 2016 | 06:58 EDT
As reported previously, Baird downgraded SunTrust to Underperform from Neutral. The firm cited an unfavorable risk/reward as its valuation is higher than several peers due to outperformance in 2016. Baird lowered its price target to $41 from $43 on SunTrust shares.
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