SunTrust has several significant catalysts, says Argus Argus believes that investors may be underestimating the positive impact to SunTrust of improving economic conditions in Florida. The firm also thinks that investors may be underestimating the bank's ability to reduce expenses, and the firm maintains a Buy rating on the stock.
News For STI From The Last 14 Days
Check below for free stories on STI the last two weeks.
SunTrust downgraded to Equal-Weight from Overweight at Evercore Evercore downgraded SunTrust to Equal-Weight citing the recent outperformance of shares and net interest margin headwinds. The firm lowered its price target for shares to $40 from $42.