Vetr Top Raters: BB&T Is A Strong Buy
The Vetr community has upgraded BB&T Corporation (NYSE: BBT) to 4.5 stars, up from a 4 star rating issued two days ago. The bank's stock has risen to $35.27 since the previous rating.
Less than 2 percent of Vetr users are holding BB&T in their watch-lists, but 83 percent of those holders have a bullish rating on the stock, while the remaining 17 percent have a Hold.
BB&T raised its dividend from $0.28 to $0.30 and authorized $640 million in share buybacks after last week's stress test. Also of note, the Vetr crowd's price target is $39.63 with 15 percent upside, compared to the Street's target of $40.38.
Shares were trading down just under 2 percent along with the rest of the market at time of publication.
Latest Ratings for BBT
|Nov 2016||Deutsche Bank||Maintains||Buy|
|Nov 2016||BMO Capital||Downgrades||Outperform||Market Perform|
|Nov 2016||Morgan Stanley||Downgrades||Equal-Weight||Underweight|
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