Morgan Stanley Announces Ratings Changes to Regional Banks
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- Stifel Nicolaus Upgrades TCF Financial (TCB) to Buy
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Morgan Stanley upgrades Associated Banc-Corp (Nasdaq: ASBC) and TCF Financial (NYSE: TCB) from Underweight to Equalweight.
Morgan Stanley downgrades Prosperity Bancshares (Nasdaq: PRSP) to Underweight from Equalweight.
Morgan Stanley downgradea The South Financial Group (Nasdaq: TSFG) from Overweight to Equalweight rating.
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