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Enter Symbol:
Rating: FNFG
Under Perform

First Niagara Financial Group Inc. (NASDAQ: FNFG) rated to Under Perform by Boenning & Scattergood

Friday,  Oct 30, 2015  11:25 AM ET by Dave Ficere

Boenning & Scattergood rated First Niagara Financial Group Inc. (NASDAQ: FNFG) to
Under Perform. Previously Boenning & Scattergood rated Neutral First Niagara Financial Group Inc. (NASDAQ: FNFG) on 07/19/2013, when the stock price was $10.36.

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.

Our equity research team concentrates on companies that aren’t widely covered in sectors such as water distribution/equipment/technology, financial services, business services, aerospace & defense technology, medical technology and retail.

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