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Enter Symbol:
Rating: FNFG
Underweight $9

First Niagara Financial Group Inc. (NASDAQ: FNFG) downgraded to Underweight with price target $9 by Barclays

Wednesday,  Apr 9, 2014  12:00 AM ET by Betsy O'Brien Harrison

Barclays downgraded First Niagara Financial Group Inc. (NASDAQ: FNFG) to Underweight with price
target $9. Previously Barclays downgraded to First Niagara Financial Group Inc. (NASDAQ: FNFG) to Overweight with price target $12 on 07/09/2013, when the stock price was $10.48.

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.


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