Overwhelming consensus! Wall Street "targets" Banks stocks as the top choice for 2025.
Buying bank stocks has become the overwhelming consensus among strategists at major Wall Street firms regarding their outlook for 2025.
SA Asks: Is the Fed More Focused on Inflation or Jobs?
Express News | Wells Fargo & Co lowered the Target Price for General Motors from $38.00 to $35.00.
Evercore Maintains Wells Fargo & Co(WFC.US) With Buy Rating, Raises Target Price to $81
Express News | Wells Fargo & Co lowered the Target Price for Nike from $95 to $92.
Wall Street generally focuses on this Sector! It is listed as the "top choice for 2025."
① Wall Street strategists are generally Bullish on financial stocks for 2025, believing that a strong economy and the expectation of relaxed regulations under Trump, among other factors, will benefit the financial industry; ② The market has also begun to gradually reflect this optimistic sentiment, with the financial Sector outperforming the S&P 500 Index since the election results were announced; ③ The gradual recovery of the IPO market is seen as another favorable factor boosting the financial sector.
Evercore ISI Adjusts Price Target on Wells Fargo & Co. to $81 From $77, Maintains Outperform Rating
RBC Capital has raised the Target Price for multiple US bank stocks.
Gelonghui, December 16 | RBC Capital: Raised Goldman Sachs' Target Price from $558 to $610, raised JPMorgan's Target Price from $230 to $248, and raised Wells Fargo & Co's Target Price from $61 to $72. (Gelonghui)
SA Asks: How Should Investors Position Portfolios Ahead of Fed Vote?
Are You Ultra-Rich, Rich or Merely Affluent? It Makes a Big Difference for Your Bank -- Heard on the Street -- WSJ
U.S. Treasury Secretary Yellen warns: do not interfere with Bank regulation! Trump also has the latest developments.
On Friday local time, USA Treasury Secretary Yellen warned the incoming Trump administration not to interfere with Banks regulation. She stated that, given the history of bank failures leading to financial crises, aggressive measures to disrupt necessary regulation should not be taken.
Fed Discount Window Needs 'More Work' to Lift Bank Participation
Market Chatter: Sycamore Partners Approaches Banks for Financing Walgreens Boots Alliance Buyout
Unusual Options Activity: PINS, BRKR and Others Attract Market Bets, PINS V/OI Ratio Reaches 892.9
EST Dec 13th Morning Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends.
Trump's advisors are exploring the integration or elimination of Banks regulatory Institutions.
As Wall Street anticipates reduced corporate regulation under the incoming president Trump, his transition team is exploring ways to scale down, consolidate, or even eliminate top Banks regulatory Institutions.
Trump's advisors are seeking to relax Banks regulations, even to the point of abolishing the FDIC.
In the past, the USA has never closed any major cabinet-level Institutions, especially entities like the FDIC. Some analyses indicate that any such reform plans could lead to massive job cuts.
Express News | U.S. media: The Trump team is considering abolishing the Federal Deposit Insurance Corporation.
Trump rings the opening bell for the NYSE: The stock market is everything, and significant actions will be taken regarding Cryptos.
On Thursday, Donald Trump rang the opening bell at the NYSE. He emphasized the importance of the stock market, stating that the stock market is everything, and plans to take significant actions regarding Cryptos, lower the corporate tax rate to 15%, and increase Petroleum Extraction to alleviate the current inflationary pressures.
"Person of the Year" Trump rings the opening bell at the NYSE, emphasizing that "the stock market is everything."
On December 12, the elected President Trump was named Time Magazine's Person of the Year for 2024, ringing the opening bell at the NYSE that day; Trump rang the bell with the CEO of ICE and the CEO of Time Magazine, along with the president of the NYSE, while the CEOs of companies such as Goldman Sachs and Citigroup were present; Trump promised an "unprecedented economy," planned to increase oil drilling to reduce inflation, and committed to lowering the corporate tax rate to 15%.
Bank Stocks Slip After CFPB Finalizes Overdraft Fee Rule