Oppenheimer Upgrades SunTrust (STI), Downgrades BB&T (BBT)

April 25, 2011 8:48 AM EDT Send to a Friend
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Price: $40.55 +2.04%

Rating Summary:
    19 Buy, 18 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 30 | Down: 24 | New: 30
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Oppenheimer's Terry McEvoy revised the firm's investment ratings on shares of SunTrust (NYSE: STI) and BB&T (NYSE: BBT) Monday morning.

The analyst upgraded shares of SunTrust from Underperform to Perform and downgraded shares of BB&T from Outperform to Perform.

Ahead of the opening bell, shares of SunTrust are up 1 percent to $27.38. BB&T shares are up 0.5 percent to $26.10.

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