F.N.B. price target lowered to $15 from $16 at Raymond James

Raymond James analyst Daniel Tamayo lowered the firm’s price target on F.N.B. to $15 from $16 and keeps an Outperform rating on the shares. Raymond James continues to remain bullish on F.N.B. shares, which remain attractive trading at a discount to peers, given its solid growth and profitability outlook, as well as strong historical credit quality entering an uncertain macro environment, the analyst tells investors in a research note.