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Big Banks Poised for Multi-year Inflection Point, Wells Fargo's Mike Mayo Says
Big banks' Q2 earnings support the case that the sector at a "multi-year inflection point from negative to positive revenue growth, operating leverage, and EPS growth," says Wells Fargo analyst Mike Mayo.
Berkshire Hathaway Sells Bank of America Stock Worth $1.5 Billion
Berkshire Hathaway sold about $1.5 billion of Bank of America stock in recent days, dropping its stake in the banking giant to a still sizable $42.9 billion, according to a filing late Friday.
Regional Bank Performance: Goldman Sachs Breaks Down Q2 2024 Earnings
In a recent analyst note by Goldman Sachs, the outlook for several regional banks were evaluated based on their recent second-quarter 2024 earnings reports. Among the banks examined included KeyCorp (
A Quick Look at Today's Ratings for U.S. Bancorp(USB.US), With a Forecast Between $46 to $52
On Jul 19, major Wall Street analysts update their ratings for $U.S. Bancorp(USB.US)$, with price targets ranging from $46 to $52.Morgan Stanley analyst Betsy Graseck maintains with a hold rating,
Piper Sandler raised the target price of U.S. Bancorp to $47.
Piper Sandler raised U.S. Bancorp's target price from $43 to $47 and maintained a "neutral" rating.
Director Aleem Gillani Buys 10,000 Shares of U.S. Bancorp (USB)