McEvoy raised his 2014 EPS estimate for SunTrust to $2.95 from $2.75. In a client note, the analyst discussed the ongoing real estate recovery and improving loan pipelines in Florida and Georgia, along with a further benefit to SunTrust from improving asset quality. "While many would argue this is old news, with reserves of 153% of nonaccrual loans
Interested in more on SunTrust? See TheStreet Ratings' report card for this stock.
Email. Follow @PhilipvanDoorn