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Enter Symbol:
 
Firstmerit Corporation (FMER) [hlAlert]

Rating:
Outperform
FMER
up 5.32 %

Firstmerit Corporation (FMER) rated Outperform with price target $20 by Oppenheimer

Posted on: Wednesday,  May 22, 2013  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Firstmerit Corporation (NASDAQ: FMER) on 05/22/2013. Previously Oppenheimer rated Outperform Firstmerit Corporation (NASDAQ: FMER) on 03/29/2011., when
the stock price was $16.89. Since then, Firstmerit Corporation has gained 5.33% as of 01/28/2016's recent price of $17.79.
If you would have followed the previous Oppenheimer's recommendation on FMER, you would have gained 5.32% of your investment in 1766 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/22/2013 8:25 AM Buy
None
18.67 20.00
as of 12/13/2013
1 Week down  -5.27 %
1 Month down  -2.31 %
3 Months up  5.13 %
1 YTD up  54.40 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/9/2013 8:25 AM Buy
None
15.14 18.00
1/9/2013 8:25 AM Buy
None
15.14 18.00
3/29/2011 8:25 AM Buy
None
16.89 19.00
10/9/2009 8:25 AM None
None
19.97
2/11/2008 8:25 AM Sell
None
20.07

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