Stifel Nicolaus Cuts First Niagara Financial (FNFG) to Hold

August 1, 2011 12:20 PM EDT
Get Alerts FNFG Hot Sheet
Price: $10.18 --0%

Rating Summary:
    5 Buy, 12 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 22 | New: 8
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Stifel Nicolaus downgraded shares of First Niagara Financial (NASDAQ: FNFG) from Buy to Hold.

The downgrade follows news HSBC (NYSE: HBC) will sell the company 195 branches in New York an Connecticut.

The stock is down 3.2 percent to $11.85 in mid-day trade Monday.

For more ratings news on First Niagara Financial click here and for the rating history of First Niagara Financial click here.


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