Sterne Agee Starts 16 Bank Stocks: JPMorgan (JPM), Citi (C), PNC (PNC), BB&T (BBT), Fifth Third (FITB) at Buy

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An analyst at Sterne Agee initiated coverage on numerous Banking stocks Friday morning.

With a Buy rating:

• JPMorgan (NYSE: JPM) - $55 price target
  
• Citi (NYSE: C) - $6 target
  
• PNC (NYSE: PNC) - $74 target
  
• BB&T (NYSE: BBT) - $33 target
  
• Fifth Third (Nasdaq: FITB) - $17 target

With a Neutral rating:

• Bank of America (NYSE: BAC) - $15 target
  
• Wells Fargo (NYSE: WFC) - $36 target
  
• US Bancorp (NYSE: USB) - $30 target
  
• SunTrust (NYSE: STI) - $33 target
  
• KeyCorp (NYSE: KEY) - $10 target
  
• M&T (NYSE: MTB) - $95 target
  
• Zions Bancorp (Nasdaq: ZION) - $25 target
  
• CVB Financial (Nasdaq: CVBF) - $10 target
  
• First Horizon (NYSE: FHN) - $12 target
  
• PacWest Bancorp (Nasdaq: PACW) - $24 target
  
• Synovus (NYSE: SNV) - $2.75 target

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JPMorgan, Citi, Bank of America, Sterne Agee, BB&T Capital Markets, Wells Fargo

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