Wall Street analysts like these regional bank stocks if you can withstand the chaos in the market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Some regional bank stocks appear more likely to rebound than their peers, according to Wall Street analysts.

The continued slide for regional bank stocks after the failure of First Republic last week has created some buying opportunities in the sector, according to Wall Street analysts. Morgan Stanley analyst Manan Gosalia said in a note to clients on Tuesday that first-quarter earnings reports showed that mid-sized banks are in better shape than their stock market performance would suggest.

mountain Huntington's stock is down about 30% on the year. For investors who want to stick to the larger regionals, Piper Sandler analyst R. Scott Siefers made the case for Fifth Third Bank in a note to clients on Tuesday. "This strikes us as a very well-managed, 'down the middle' name in a highly uncertain environment, and we like the attractive valuation.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Wall Street's still worried despite Friday's fakeout | CNN BusinessStocks saw a comeback on Friday after four consecutive days of declines. But there are several key signs that show the market is far from shedding its worries.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »