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 while peers have reserve coverage of 129% , SunTrust's earnings will be positively impacted by lower credit costs well into 2014, in our view," he wrote. STI data by YCharts Interested in more on SunTrust? See TheStreet Ratings' report card for this stock.