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Fly News Breaks for July 25, 2016
STI
Jul 25, 2016 | 08:20 EDT
Goldman analyst Ryan Nash removed SunTrust from the Conviction Buy List citing headwinds from net margin pressure and potential elevated expenses in 2H 2016. The analyst maintains its Buy rating and raised his price target to $46 from $44 given continued efficiency improvement, potential lower than expected credit losses, and stronger fee income.
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