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Enter Symbol:
 
Firstmerit Corporation (FMER) [hlAlert]

Rating:
Neutral FMER
up 6.52 %

Firstmerit Corporation (FMER) upgraded to Neutral with price target $13 by Robert W. Baird

Posted on: Thursday,  Nov 8, 2012  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Neutral Firstmerit Corporation (NASDAQ: FMER) on 11/08/2012. Previously Robert W. Baird rated Underperform Firstmerit Corporation (NASDAQ: FMER) on
06/06/2012., when the stock price was $14.69. Since then, Firstmerit Corporation has lost 6.13% as of 11/08/2012's recent price of $13.79.
If you would have followed the previous Robert W. Baird's recommendation on FMER, you would have gained 6.52% of your investment in 155 days.

FirstMerit Corporation (FirstMerit) is a bank holding company. FirstMerit?s principal business consists of owning and supervising its affiliates. Through its subsidiaries, the Company operates primarily as a line of business banking organization, providing a range of banking, fiduciary, financial, insurance and investment services to corporate, institutional and individual customers throughout northern and central Ohio, and western Pennsylvania. The Company?s major lines of business are commercial, retail, wealth and other. FirstMerit?s banking subsidiary is FirstMerit Bank, N.A (FirstMerit Bank). As of December 31, 2008, FirstMerit Bank operated a network of 163 full service banking offices and 188 automated teller machines.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2012 8:25 AM Hold
None
13.79 13.00
as of 12/31/2012
1 Week   
1 Month   
3 Months up  6.25 %
1 YTD up  6.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/6/2012 8:25 AM Sell
None
14.69 13.00
10/10/2011 8:25 AM Hold
None
12.41 12.00
4/8/2010 8:25 AM Hold
None
22.43 24.00

(*) Stock Price at the time of the recommendation.
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