Jefferies Upgrades SunTrust Banks to Buy, Reduces PT to $30

Jefferies upgraded its rating on SunTrust Banks STI from Hold to Buy. At the same time, the rating agency reduced its price target on the company's stock from $32 to $30. On Thursday, STI closed the day at $21.84. Its shares added 2.34% to their value in today's pre-market trading to stand around $22.35.
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Posted In: UpgradesPrice TargetAnalyst RatingsFinancialsJefferiesRegional Banks
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