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Enter Symbol:
Rating: FMER
Overweight $22
up 20.00 %

Firstmerit Corporation (NASDAQ: FMER) reiterated to Overweight with price target $22 by Barclays

Monday,  Jun 24, 2013  1:25 PM ET by Kristen Bailey

Here is more proof that the Barclays rating can guide you in smart investing. Barclays reiterated Firstmerit Corporation (NASDAQ: FMER) to Overweight with price target
$22 with today's price of $19.88. Barclays rated Firstmerit Corporation (NASDAQ: FMER) to Overweight with price target $18 on 04/24/2013, when the price was $16.63. Firstmerit Corporation's stock price gained 20% since then.
By following the previous Barclays's recommendation on FMER, you would have gained 20% in 61 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



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