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Enter Symbol:
Rating: BBT
Hold $42

Bb&t Corporation (NYSE: BBT) reiterated to Hold with price target $42 by Deutsche Bank

Monday,  Jul 20, 2015  12:25 PM ET by Betsy O'Brien Harrison

Deutsche Bank reiterated Bb&t Corporation (NYSE: BBT) to Hold with price target $42. Previously Deutsche Bank reiterated
Bb&t Corporation (NYSE: BBT) to Hold with price target $32 on 01/04/2013, when the stock price was $29.96. Since then, Bb&t Corporation's stock price has gained 37% as of 07/20/2015's recent price of $41.14.

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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.

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