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Firstmerit Corporation (FMER) [hlAlert]

Rating:
Hold FMER

Firstmerit Corporation (FMER) rated Hold

Posted on: Monday,  Jul 2, 2007  10:06 AM ET by KeyBanc Capital Mkts / McDonald

FirstMerit Corp(FMER) Hold
by KeyBanc Capital Mkts / McDonald.

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.

KeyBanc Capital Markets Inc. is a boutique investment bank that provides financial advisory services. The firm offers mergers and acquisitions advisory, divestitures, initial public offering, capital restructuring, equity and debt financing, and corporate loan syndication consulting services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/2/2007 10:06 AM Hold
None
21.09
as of 12/24/2008
1 Week up  0.34 %
1 Month up  12.70 %
3 Months up  22.81 %
1 YTD down  -2.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/2/2007 10:06 AM Hold
None
21.09

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