SunTrust upgraded to Conviction Buy from Buy at Goldman Goldman added SunTrust to the Conviction Buy List based on expectations for improved efficiency from mortgage restructuring, lower costs, and improving capital returns and resi charge-offs. Shares remain Buy rated with a $45 price target.
News For STI From The Last 14 Days
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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.