UPDATE: Deutsche Bank Upgrades SunTrust Banks on EPS Upside Potential
September 06, 2013 at 12:18 PM EDT
In a report published Friday, Deutsche Bank analyst Matt O'Connor upgraded the rating on SunTrust Banks (NYSE: STI ) from Hold to Buy, and raised the price target from $36.00 to $39.00. In the report, Deutsche Bank noted, “Our upgrade reflects the potential for EPS upside over time from a