Information Provided By:
Fly News Breaks for September 28, 2016
FITB, FMER, WFC, HBAN, JPM
Sep 28, 2016 | 05:41 EDT
Deutsche Bank analyst Matt O'Connor upgraded Huntington Bancshares to Buy saying the 15% pullback in the shares since the FirstMerit (FMER) deal was announced is overdone. The analyst views industry-wide concerns surrounding consumer indirect auto lending as overblown and he raised his price target for Huntington shares to $11.50 from $10.50. Going into the Q3 results for U.S. banks, O'Connor likes JPMorgan (JPM) and Wells Fargo (WFC) and is cautious on Fifth Third (FITB).
News For HBAN;FMER;JPM;WFC;FITB From the Last 2 Days