Sector Update: Financials


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Financial shares are flat to higher today, even as the federal government shuts down.

In financial stocks news, financial holding company BB&T Corporation ( BBT ) has been upgraded to Outperform from Perform by analysts at Oppenheimer.

The firm set its price target on the stock at $40 a share. Shares of BBT are unchanged in pre-market trading at $33.75, and move within a 52-week range of $26.86 - $36.59.

And, Main Street Capital Corporation ( MAIN ) closed a $445 million, five-year amended and restated credit facility that provides Main Street with expanded and longer term financing capacity to support its future investment and operational activities.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: BBT , MAIN

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