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Enter Symbol:
 
City National Corporation (CYN) [hlAlert]

Rating:
Outperform
CYN
up 11.18 %

City National Corporation (CYN) upgraded to Outperform by Wells Fargo

Posted on: Friday,  Mar 21, 2014  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform City National Corporation (NYSE: CYN) on 03/21/2014, when the stock price was $79.27. Since
then, City National Corporation has gained 11.19% as of 10/30/2016's recent price of $88.14.
If you would have followed this Wells Fargo's recommendation on CYN, you would have gained 11.18% of your investment in 954 days.

City National Corporation is a bank and a financial holding company. The Company provides a range of banking, investing and trust services to its clients through its wholly owned banking subsidiary, City National Bank (the Bank). The Bank operates through 62 offices, including 15 full-service regional centers, in Southern California, the San Francisco Bay area, Nevada and New York City. The Bank operates in three segments: Commercial and Private Banking, Wealth Management, and Other. All investment advisory affiliates and the Bank?s wealth management services are included in the Wealth Management segment. All other subsidiaries, the unallocated portion of corporate departments and inter-segment eliminations are included in the Other segment. The Bank?s principal client base comprises small to mid-sized businesses, entrepreneurs, professionals, and affluent individuals.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/21/2014 8:25 AM Buy
None
79.27
as of 10/17/2014
1 Week down  -1.91 %
1 Month down  -9.80 %
3 Months down  -2.61 %
1 YTD down  -10.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2012 8:25 AM Hold
None
49.50

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