Wall Street Fundamentals Releases New In-Depth Stock Reports on BBT, FITB, KEY and STI


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Companies Mentioned

NYSE:BBT / NASDAQ:FITB / NYSE:KEY / NYSE:STI
03/20/2014 [ACCESSWIRE]

Markets experienced a pullback Wednesday after the Federal Reserve announced it would cut back further on stimulus measures. The Dow Jones declined 0.70 percent, while the S&P 500 and Nasdaq dropped 0.61 percent and 0.59 percent, respectively. Beginning in April, the Fed will cut back bond purchases to $55 billion a month from $65.0 billion. Most Fed officials, 13 of 16, don’t expect the central bank to raise interests rates until 2015.

BB&T Corporation (NYSE: BBT) shares traded in the range of $38.87 to $39.49 Wednesday before settling to close at $39.19, an increase of 0.33 percent. The stock appears to be facing some resistance at the $39.27 and $39.73 levels with some support at $38.98 and $38.66. Shares of BB&T are up approximately 5.0 percent year-to-date.

More information on BB&T and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/BBT

Fifth Third Bancorp (NASDAQ: FITB) shares traded in the range of $22.64 to $23.00 Wednesday before settling to close at $22.83, an increase of 0.22 percent. The stock appears to be facing some resistance at $23.08 with some support at the $22.45 and $22.20 levels. Shares of Fifth Third Bancorp are up approximately 8.0 percent year-to-date.

More information on Fifth Third Bancorp and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/FITB

KeyCorp (NYSE: KEY) shares traded in the range of $13.95 to $14.30 Wednesday before settling to close at $14.20, an increase of 1.65 percent. The stock appears to be facing some resistance at $14.27 with some support at the $14.15 and $13.98 levels. Shares of KeyCorp are up approximately 6.0 percent year-to-date.

More information on KeyCorp and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/KEY

SunTrust Banks, Inc. (NYSE: STI) shares traded in the range of $38.97 to $40.05 Wednesday before settling to close at $39.58, an increase of 0.76 percent. The stock appears to be facing some resistance at the $39.70 and $40.00 levels with some support at $38.69 and $38.27. Shares of SunTrust Banks are up approximately 7.0 percent year-to-date.

More information on SunTrust Banks and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/STI

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website:
www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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