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STI

SunTrust

$60.73

2.67 (4.60%)

07:55
01/22/19
01/22
07:55
01/22/19
07:55

SunTrust price target raised to $63 from $57 at Wedbush

Wedbush analyst Peter Winter raised his price target for SunTrust to $63 from $57 following quarterly results. The analyst reiterates a Neutral rating on the shares.

  • 11

    Feb

  • 28

    May

STI SunTrust
$60.73

2.67 (4.60%)

01/08/19
01/08/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Unilever (UN, UL) downgraded to Neutral from Buy at UBS. 2. General Dynamics (GD) downgraded to Hold from Buy at Jefferies with analyst Sheila Kahyaoglu saying despite a portfolio of "marquee assets," the company's earnings "lack momentum." 3. Principal Financial (PFG) downgraded to Neutral from Buy at Goldman Sachs with analyst Alex Scott saying he sees less upside in the shares relative to other names in his life insurance coverage universe. 4. JPMorgan (JPM), SunTrust (STI), and U.S. Bancorp (USB) were downgraded to Hold from Buy at Jefferies. 5. Maxar Technologies (MAXR) downgraded to Underperform from Neutral at Credit Suisse, to Sell at Veritas, to Market Perform from Outperform at BMO Capital, and to Sector Perform at National Bank. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/08/19
JEFF
01/08/19
DOWNGRADE
Target $57
JEFF
Hold
SunTrust downgraded to Hold from Buy at Jefferies
Jefferies analyst Ken Usdin downgraded SunTrust (STI) to Hold from Buy and lowered his price target on the stock to $57 from $75 as he believes downside risks have increased related to the company's fee income businesses. The recent slowdown in the debt capital markets, including syndicated lending, could weigh on investment banking fees, contends Usdin. Among large cap banks, Usdin also downgraded JPMorgan (JPM) and U.S. Bancorp (USB), both to Hold, this morning.
01/08/19
JEFF
01/08/19
DOWNGRADE
Target $110
JEFF
Hold
JPMorgan downgraded to Hold from Buy at Jefferies
Jefferies analyst Ken Usdin downgraded JPMorgan (JPM) to Hold from Buy and lowered his price target on the stock to $110 from $130, as he believes continued outperformance of the best performer among large cap banks in 2018 "may be more governed" in 2019 as he expects negative EPS revisions and believes that revenues could fall short of consensus expectations for both NII and fees. Among large cap banks, Usdin also downgraded SunTrust (STI) and U.S. Bancorp (USB), both to Hold, this morning.
01/02/19
BARD
01/02/19
UPGRADE
Target $62
BARD
Outperform
SunTrust upgraded to Outperform from Neutral at Baird
Baird analyst David George upgraded SunTrust to Outperform from Neutral, calling it an underappreciated quality name that can deliver solid results in this period of low earnings visibility. SunTrust's results have been solid for years with steady improvement in the efficiency ratio, ROTCE and better relative loan growth, George tells investors. The stock's relative valuation premium versus peers is now gone and the shares carry an attractive dividend yield, he added. However, George lowered his price target on SunTrust shares to $62 from $70.

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SRDX

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IBM

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PLCE

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  • 27

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$NYE

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MMM

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