Mike Mayo of Wells Fargo & Co encourages investors to stay firm on large banks due to multiple factors favoring the industry. Morgan Stanley and Comerica have upgraded their ratings from underweight to equal weight, while also making comprehensive target price upgrades for the entire industry. Mayo has made comprehensive target price upgrades for large cap bank stocks he tracks, including Citigroup (target price raised from $85 to $95), Bank of America (target price raised from $52 to $56), Goldman Sachs (target price raised from $600 to $680), JPMorgan (target price raised from $240 to $270).
富国银行:美国大选后多个因素利好银行业 全面上调大盘银行股目标价
Wells Fargo & Co: Multiple factors favoring the banking industry after the US election, with overall target price upgrades for large cap bank stocks.
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