From MarketBeat:

F.N.B. (NYSE:FNB) was downgraded by StockNews.com from a “hold” rating to a “sell” rating. Raymond James and Jefferies Financial Group also cut their target prices for F.N.B. stock. The stock reached $13.96 during trading on Wednesday, and had a 50-day moving average price of $12.04. F.N.B. reported quarterly earnings that beat analysts’ estimates. The bank’s quarterly revenue also exceeded expectations.

Large investors have been either adding to or reducing their stakes in F.N.B. at various points over the past year, with 76.94% of the stock owned by hedge funds and institutional investors. The company offers a wide range of financial products and services to consumers, corporations, and small- to medium-sized businesses.

MarketBeat’s fastest and most accurate reporting was used to generate this news alert. The report has been reviewed by MarketBeat’s editorial team and was published after this review. The top analysts are recommending five stocks, none of which is F.N.B. Lastly, there is a free report available for those interested in artificial intelligence stocks.



Read more: F.N.B. (NYSE:FNB) Cut to Sell at StockNews.com