Seeking Alpha

Pinnacle and Signature higher amid Buy ratings from SunTrust

  • Launching coverage on a host of financial names with Neutral today, SunTrust Robinson Humphrey does start two stocks with a Buy, and they're on the move: Pinnacle Financial (PNFP +2.7%) and Signature Bank (SBNY +2.6%). Both have stood out to the sell-side in the past for being among the few organic growth names in banks.
  • Started at Neutral: Associated Banc-Corp (ASBC), Independent Bank (INDB), MB FInancial (MBFI), Old National (ONB), Piper Jarray (PJC -0.9%), Private Bancorp (PVTB), Wintrust Financial (WTFC), First Midwest (FMBI), and Fulton Financial (FULT).
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