Financial stocks are one corner of the market that's set to reap the benefits under a second Trump administration. Bank stocks, both big and small alike, have been on a tear since President-elect Donald Trump won at the polls on Nov. 5, under the assumption that his return to the White House could lead to less regulation for the sector . This could also result in more lending and mergers and acquisition activity. Since Nov.
Most analysts covering Morgan Stanley are neutral on the stock, with the average price target implying downside of about 10%. Another name on the list was Regions Financial , up about 36% in 2024. Regions' dividend yield is at 3.8%, and the bank has grown its dividends by 18.9% in the past year. In late October, a trio of investment banks upgraded their ratings on Regions, citing a low valuation as a catalyst. Deutsche Bank was among them.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FXStreetNews - 🏆 14. / 72 Read more »