UBS Maintains a 'Buy' on BB&T Capital (BBT); Results Set a Positive Tone for 2012

UBS maintains a 'Buy' on BB&T Capital (NYSE: BBT) price target raised from $28 to $31.

UBS analyst says, "We are raising our 2012-2013 EPS estimates by $0.15 and $0.10 to $2.50 and $2.95, and increasing our price target to $31. Our increases in estimates are primarily due to higher balance sheet growth and reduced foreclosure expenses going forward following the significant NPA disposition in 4Q11.

For an analyst ratings summary and ratings history on BB&T Capital click here. For more ratings news on BB&T Capital click here.

Shares of BB&T Capital closed at $27.12 yesterday.

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