A Seaport Research analyst upgraded shares of BofA to Buy from Neutral. The industry’s deposit growth fares better than expected, he writes, and BofA stands to benefit from high interest rates for a longer period. However, he downgraded Goldman Sachs to Neutral from Buy, a move he said was primarily driven by its valuation.
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you...
U.S. banks, including Goldman (GS), JPMorgan (JPM) and Bank of America (BAC), Citigroup (C), Fifth Third Bancorp (FITB), among others, are lifting their payouts in the wake of stress test.