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Enter Symbol:
 
Firstmerit Corporation (FMER) [hlAlert]

Rating:
Overweight
FMER
up 22.26 %

Firstmerit Corporation (FMER) rated Overweight with price target $22 by Barclays

Posted on: Monday,  Jun 24, 2013  1:25 PM ET by Barclays

Barclays rated Overweight Firstmerit Corporation (NASDAQ: FMER) on 06/24/2013. Previously Barclays rated Overweight Firstmerit Corporation (NASDAQ: FMER) on 10/09/2012., when
the stock price was $14.55. Since then, Firstmerit Corporation has gained 22.27% as of 01/28/2016's recent price of $17.79.
If you would have followed the previous Barclays's recommendation on FMER, you would have gained 22.26% of your investment in 1206 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.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2013 1:25 PM Buy
None
19.88 22.00
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
4/24/2013 1:25 PM Buy
None
16.63 18.00
1/9/2013 2:25 PM Buy
None
15.07 17.00
10/9/2012 1:25 PM Buy
None
14.55 18.00

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