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Compass Point Reiterates Buy on SunTrust Banks (STI) Following 3Q15 Earnings Report

October 16, 2015 9:26 AM EDT

Compass Point reiterated a Buy rating and $51.00 price target on SunTrust Banks (NYSE: STI) following the company's 3Q15 earnings results. STI beat estimates by a wide margin even after adjusting for one-time items despite weaker fee income.

Analyst Jesus Bueno commented,... More