Sandler O'Neill Upgrades USB, STI, BBT; Downgrades FBP

November 2, 2009 11:15 AM EST

In the Banking sector, analysts at Sandler O'Neill made changes to their investment ratings on several stocks:

  • US Bancorp (NYSE: USB) upgraded from Hold to Buy, price target raised from $25 to $28
  • SunTrust Banks (NYSE: STI) upgraded from Hold to Buy, price target lowered from $23 to $22.50
  • BB&T (NYSE: BBT) upgraded from Sell to Hold, $24 price target maintained
  • First Bancorp (NYSE: FBP) downgraded from Hold to Sell, price target lowered from $3.50 to $1


Related Categories

Downgrades
Upgrades

Stocks Mentioned

BBT 24.90

+0.64 +2.64%
Volume: 4,690,770
Track BBT

FBP 1.55

-0.01 -0.64%
Volume: 679,894
Track FBP

STI 23.63

+1.04 +4.60%
Volume: 8,350,136
Track STI

USB 24.13

+1.18 +5.14%
Volume: 16,129,500
Track USB


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