Collins Stewarts Starts Banking Industry at Market Weight: BAC, FITB, JPM, STI at Buy; MTB, ZION at Sell
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Collins Stewart initiates coverage on the U.S. Banking industry with a Market Weight rating.
Buy-rated:
- Bank of America (NYSE: BAC)
- Fifth Third Bancorp (Nasdaq: FITB)
- JPMorgan (NYSE: JPM)
- SunTrust Banks (NYSE: STI)
- BB&T (NYSE: BBT)
- Citigroup (NYSE: C)
- City National (NYSE: CYN)
- CVB Financial (Nasdaq: CVBF)
- First Horizon National (NYSE: FHN)
- KeyCorp (NYSE: KEY)
- PacWest Bancorp (Nasdaq: PACW)
- Regions Financial (NYSE: RF)
- Synovus Financial (NYSE: SNV)
- TCF Financial (NYSE: TCB)
- US Bancorp (NYSE: USB)
- Wells Fargo (NYSE: WFC)
More color on the coverage to come later.
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