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First Niagara Financial Group Inc. (FNFG) [hlAlert]

Rating:
Underperform
FNFG
up 12.17 %

First Niagara Financial Group Inc. (FNFG) rated Underperform by BofA/Merrill

Posted on: Thursday,  Jan 9, 2014  11:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform First Niagara Financial Group Inc. (NASDAQ: FNFG) on 01/09/2014, when the stock price was $10.23.
Since then, First Niagara Financial Group Inc. has lost 10.85% as of 11/13/2015's recent price of $9.12.
If you would have followed this BofA/Merrill's recommendation on FNFG, you would have gained 12.17% of your investment in 673 days.

First Niagara Financial Group, Inc. provides a range of retail and commercial banking, as well as other financial services through its wholly owned savings bank subsidiary, First Niagara Bank (the Bank). First Niagara is a community bank in Upstate New York, providing its retail consumers and business customers with banking services, including residential and commercial real estate loans, commercial business loans and leases, consumer loans, wealth management products, as well as retail and commercial deposit products. It also employee benefit consulting services through a wholly-owned subsidiary of the Company. On February 15, 2008, the Company acquired Great Lakes Bancorp, Inc., the parent company of Greater Buffalo Savings Bank.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/9/2014 11:25 AM Sell
None
10.23
as of 10/17/2014
1 Week down  -0.98 %
1 Month up  7.87 %
3 Months up  4.54 %
1 YTD up  19.94 %

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