TITLE

BB&T's Plan to Acquire Brings a 'Sell' Rating

AUTHOR(S)
Kulikowski, Laurie
PUB. DATE
November 2005
SOURCE
American Banker;11/28/2005, Vol. 170 Issue 226, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that BB&T Corp.'s plan to start making acquisition deals in 2006 has brought a downgrade to "sell." Deals could dilute its share price, analyst Kevin Fitzsimmons of Sandler O'Neill & Partners LP said in a research note. Florida is BB&T Corp.'s top priority according to Fitzsimmons, but the scarcity of potential targets there has inflated their prices.
ACCESSION #
18941468

 

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