Raymond James Names Top Banking Stocks
Raymond James initiated/reshumed coverage on several banking stocks, citing improving fundamentals. Ally Financial (ALLY) received a Strong Buy rating with a $55 target, citing margin expansion and credit stabilization. Community Trust Bancorp (CTBI) and Mercantile Bank (MBWM) also received Outperform ratings with $82 and $65 targets, respectively, for growth and profitability.





