Prudential Securities Inc. resumed coverage of regional banks Wednesday with analyst Ruchi Madan posting "buy" ratings on the stocks of Norwest Corp. and First Tennessee National Corp.

Ms. Madan said both Norwest and First Tennessee have better revenue and earnings growth prospects than does the banking industry overall, yet their stocks sell at attractive prices.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.