FBR Provides Color On Community Banks (STI, BBT, HBAN)

Analysts at FBR Capital Markets downgraded SunTrust Banks (NYSE: STI) to market perform from outperform to reflect their view that larger banks, rather than regionals, have greater earnings potential from improving credit trends. The bank also lowered its price target for BB&T Corp. (NYSE: BBT) to $28 from $30 and raised their price target for Huntington Bancshares Inc. (NASDAQ: HBAN) to $8 from $7, reiterating an outperform rating.