Morgan Stanley is out with its report today on BB&T BBT, maintaining Equal-weight.
In a note to clients, Morgan Stanley writes, "We are Equal-weight BBT in the
context of an Attractive view for the large cap banks. We look for BBT to come out of the cycle faster than Southeast peers, given stronger capital ratios, lower exposure to higher risk assets, a strong insurance brokerage business, and expected accretion from the CNB deal."
At the time of posting, shares of BBT were trading at $25.66, down 3.50% from Wednesday's close.
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