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Enter Symbol:
 
Firstmerit Corporation (FMER) [hlAlert]

Rating:
Overweight
FMER
up 9.27 %

Firstmerit Corporation (FMER) rated Overweight by JP Morgan

Posted on: Wednesday,  May 29, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Firstmerit Corporation (NASDAQ: FMER) on 05/29/2013. Previously JP Morgan rated Overweight Firstmerit Corporation (NASDAQ: FMER) on 03/16/2009.,
when the stock price was $16.28. Since then, Firstmerit Corporation has gained 9.28% as of 01/28/2016's recent price of $17.79.
If you would have followed the previous JP Morgan's recommendation on FMER, you would have gained 9.27% of your investment in 2509 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/29/2013 8:25 AM Buy
None
18.44
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
3/16/2009 8:25 AM Buy
None
16.28
10/24/2007 9:25 AM Hold
None
20.75

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