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Bank of Montreal Price Target Raised to C$131.00/Share From C$114.00 by TD Securities
Express News | Wells Fargo & Co: Multiple factors favoring the banking industry after the US election, with overall target price upgrades for large cap bank stocks.
Express News | After Trump's election victory, the stock prices of several major US banks soared. JPMorgan CEO Damond: Many bankers are dancing in the street like.
Financial industry executives expect the Trump administration to stimulate large banks' mergers and acquisitions.
On November 13, according to Reuters, executives and analysts from the american financial sector stated that as former President Trump returns to the White House, government-appointed regulators are likely to adopt a more favorable stance toward approving large trades, which may lead to a wave of bank mergers and acquisitions.
RBC Capital Reaffirms Their Hold Rating on Bank Of Montreal (BMO)
USD/CAD Strives to Break Above 1.3950 as US Dollar Soars