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BB&T (BBT) Stock Price Target Lowered at Barclays

NEW YORK (TheStreet) -- BB&T Corp.'s (BBT - Get Report) price target was decreased to $40 from $41 at Barclays on Wednesday morning. The firm also maintained its "equal weight" rating on the stock.

The Winston Salem, NC-based financial holding company conducts its business operations primarily through its bank subsidiary Branch Bank.

The lower price target comes ahead of the company's 2016 first quarter earnings release slated for before the market open on April 21.

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