UPDATE: Guggenheim Securities Reiterates on BB&T as Banks Paddling Hard Can Still Create Progress

In a report published Tuesday, Guggenheim Securities analyst Marty Mosby reiterated a Neutral rating on BB&T Corporation (NYSE: BBT ), and raised the price target from $38.00 to $40.00. In the report, Guggenheim Securities noted, “Until short-term interest rates are expected to rise soon or regulators loosen their grip on