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Bb&t Corporation (BBT) [hlAlert]

Rating:
Buy BBT
up 75.20 %

Bb&t Corporation (BBT) rated Buy with price target $30 by Davenport

Posted on: Monday,  Apr 20, 2009  8:25 AM ET by Davenport

Davenport rated Buy Bb&t Corporation (NYSE: BBT) on 04/20/2009, when the stock price was $21.25. Since
then, Bb&t Corporation has gained 75.20% as of 01/21/2016's recent price of $37.23.
If you would have followed this Davenport's recommendation on BBT, you would have gained 75.2% of your investment in 2467 days.

BB&T Corporation (BB&T) is a financial holding company. The Company conducts its business operations primarily through its commercial banking subsidiary, Branch Banking and Trust Company (Branch Bank). Branch Bank provides a range of banking and trust services for retail and commercial clients in its geographic markets, including small and mid-size businesses, public agencies, local governments and individuals. As of December 31, 2008, Branch Bank provided services through 1,511 offices located in North Carolina, South Carolina, Virginia, Maryland, Georgia, Kentucky, Florida, West Virginia, Tennessee, Washington D.C., Alabama and Indiana. In August 2009, BB&T acquired the banking operations of Colonial Bank of Montgomery.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/20/2009 8:25 AM Buy
None
21.25 30.00
as of 12/31/2009
1 Week up  9.74 %
1 Month up  14.01 %
3 Months up  4.22 %
1 YTD up  33.60 %

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