Information Provided By:
Fly News Breaks for April 23, 2018
STI
Apr 23, 2018 | 06:38 EDT
Stephens analyst Terry McEvoy downgraded SunTrust Banks to Equal Weight from Overweight without a price target. Deutsche Bank last night upgraded SunTrust to Buy from Hold. Following the company's Q1 results, McEvoy views the shares as fairly valued. SunTrust's returns will continue to improve, but at a more gradual pace, as the company nears its 60% efficiency target later this year, the analyst tells investors in a research note. Further, he believes the potential data theft by an ex-employee poses an additional risk.
News For STI From the Last 2 Days
There are no results for your query STI