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Wells Fargo Sticks to Its Buy Rating for F.N.B. (FNB)
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Wells Fargo Sticks to Its Buy Rating for F.N.B. (FNB)

Wells Fargo analyst Jared Shaw maintained a Buy rating on F.N.B. (FNBResearch Report) yesterday and set a price target of $14.00. The company’s shares closed yesterday at $12.55.

According to TipRanks, Shaw is an analyst with an average return of -3.2% and a 44.09% success rate. Shaw covers the Financial sector, focusing on stocks such as Columbia Banking System, East West Bancorp, and F.N.B..

In addition to Wells Fargo, F.N.B. also received a Buy from D.A. Davidson’s Manuel Navas in a report issued yesterday. However, on July 11, Jefferies maintained a Hold rating on F.N.B. (NYSE: FNB).

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The company has a one-year high of $14.40 and a one-year low of $9.98. Currently, F.N.B. has an average volume of 2.3M.

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F.N.B. Corp. is a financial holding company, which engages in the provision of commercial banking, consumer banking, insurance and wealth management solutions through its subsidiaries. It operates through the following segments: Community Banking, Wealth Management and Insurance. The Community Banking segment offers commercial and consumer banking services. The Commercial Banking solutions include corporate banking, small business banking, investment real estate financing, international banking, business credit, capital markets, and lease financing. The Wealth Management segment delivers wealth management services to individuals, corporations and retirement funds, as well as existing customers of community banking. The Insurance segment is a full-service insurance brokerage agency offering numerous lines of commercial and personal insurance through major carriers. The company was founded in 1974 and is headquartered in Pittsburgh, PA.

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