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Tuesday, December 14, 2010

Comerica (NYSE:CMA), Zions Bancorp (Nasdaq:ZION), Popular (Nasdaq:BPOP), Huntington Bancshares (Nasdaq:HBAN) Top Morgan Stanley (NYSE:MS) Midcap Bank

Morgan Stanley (NYSE:MS) likes what it sees with the midcap banking sector, and has upgraded the overall grouping, with their favorite picks being Comerica (NYSE:CMA), Huntington Bancshares (Nasdaq:HBAN), Zions Bancorp (Nasdaq:ZION) and Popular (Nasdaq:BPOP).

Morgan rates the overall sector as "Attractive," bumped up from their former "In-Line" rating.

Comerica was trading at $41.03, up $0.49, or 1.21 percent, as of 12:29 PM EST. Huntington was trading at $6.4650, down $0.1925, or 2.89 percent. Zions Bancorp was at $22.88, up $0.04, or 0.18 percent. Popular was trading at $3.05, up $0.02, or 0.66 percent.

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