Keefe, Bruyette & Woods Upgrades F.N.B. Corporation (FNB) to Outperform; Momentum Expected to Continue

Keefe, Bruyette & Woods upgraded F.N.B. Corporation (NYSE: FNB) to Outperform.

KBW analyst says, "Operating results of $0.16 per share beat both KBW and Street estimates by a penny. The quarter was marked by continued improved credit costs and expense control, which were partially offset by weaker spread and fee income. Our outlook for FNB has improved, leading us to raise estimates. Additionally, we raise our target to $12.50, and our rating to Outperform. "

For more ratings news on F.N.B. Corporation click here and for the rating history of F.N.B. Corporation click here.

Shares of F.N.B. Corporation closed at $10.58 yesterday.

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