SunTrust READY for Economic Upturn and 1 Must-See Stock Analysis
Ascent Solar Technologies, Inc. (NASDAQ:ASTI): Cantor Fitzgerald is “exceedingly skeptical” regarding Ascent’s new products, because the company’s new products launched in the past have a history of failing to gain revenues, according to the firm. The firm believes that the company will run out of cash in 1Q13 and issue additional stock as an attempt for survival. It keeps a Sell rating on the stock.
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SunTrust Banks, Inc. (NYSE:STI): According to Argus, investors could be underestimating the impact of the improving economic conditions in Florida on SunTrust. The firm views the stock as undervalued and reiterates a Buy rating on the stock.
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