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Enter Symbol:
Rating: BBT
Buy $38
down 19.00 %

Bb&t Corporation (NYSE: BBT) reiterated to Buy with price target $38 by Argus

Thursday,  Jan 21, 2016  2:25 PM ET by Dave Ficere

Argus reiterated Bb&t Corporation (NYSE: BBT) to Buy with price target $38. Previously Argus rated Buy with price target $45 Bb&t Corporation (NYSE:
BBT) on 04/08/2015, when the stock price was $39.26. Since then, Bb&t Corporation's stock price has lost 19% as of 01/21/2016's recent price of $31.73.
If you would have followed the previous Argus's recommendation on BBT, you would have lost 19% of your investment in 288 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system

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