The following ratings' changes were generated on Monday, Oct. 6.City National (CNY) has been upgraded from hold to buy. City National Corporation operates as the bank holding company for City National Bank, which provides banking, investment and trust services. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
TSC Ratings' Updates: City National
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