BBT Upgraded while PNC Downgraded

BBT Upgraded

Shares of BB&T Corporation BBT were upgraded by research firm, Stern Agee today.

The upgrade comes at the heels of Oppenhemier’s Upgrade from “perform” to “Outperform on the 1st of October.

Stern Agree, upgraded BBT from a “Buy” to an “Upgrade;” with an expectation that BBT’s revenue stream will continue to expand in the coming year. A new price target was set at $43 per share--roughly an 18% expansion from today’s open of $36.67 per share. Shares are currently trading at $36.71 per share.

PNC Downgraded

Stern Agree, downgraded PNC Financial Services Group, Inc. PNC. This downgrade from “Buy” to “Neutral” comes just a week after Deutsche Bank's downgrade of PNC as well. The bank reduced share targets from $94 to $87 per share--a reduction in price target of roughly 7.5%. Shares currently are trading at $82.47 per share