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Fly News Breaks for September 13, 2018
STI
Sep 13, 2018 | 05:23 EDT
Piper Jaffray analyst Kevin Barker downgraded SunTrust Banks to Neutral and lowered his price target for the shares to $74 from $76. Revenue headwinds are beginning to surface while the shares have had a "great run," Barker tells investors in a research note. He believes slowing sales growth and a flattening of net interest margin could make consensus estimates difficult to achieve.
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