First Niagara Financial Group (FNFG) Tops Q4 EPS by 1c

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Go back to First Niagara Financial Group (FNFG) Tops Q4 EPS by 1c

Jefferies Upgrades First Niagara Financial (FNFG) to Buy

January 26, 2015 7:01 AM EST

Jefferies upgraded First Niagara Financial (NASDAQ: FNFG) from Hold to Buy with a price target of $9.50 (from $8.00).

Analyst Casey Haire cited three reasons for the upgrade: "1) strategic investment plan ("SIP") is running ahead of schedule and showing promise of revenue generation this year, 2) clarity... More