- Barrons.com
Analyst Downgrades Goldman Stock and Upgrades Bank of America Ahead of Earnings. What to Know.
A Seaport Research analyst upgraded shares of BofA to Buy from Neutral. The industry’s deposit growth fares better than expected, he writes, and BofA stands to benefit from high interest rates for a longer period. However, he downgraded Goldman Sachs to Neutral from Buy, a move he said was primarily driven by its valuation.
- Zacks
Goldman (GS) & Others Boost Payouts Following Stress Test
U.S. banks, including Goldman (GS), JPMorgan (JPM) and Bank of America (BAC), Citigroup (C), Fifth Third Bancorp (FITB), among others, are lifting their payouts in the wake of stress test.
- Bloomberg
South African Markets Rally as Cabinet Announcement Eases Fears
(Bloomberg) -- A broad rally in South African markets signaled investor relief after President Cyril Ramaphosa ended weeks of uncertainty by announcing a new cabinet that he said would prioritize economic growth.Most Read from BloombergSupreme Court Says Trump Has Some Immunity, Delaying Trial24-Hour Stock Trading Is Booming – and Wall Street Is RattledBlackRock Buys Preqin for $3.2 Billion in Private Data PushTrump as President or Private Citizen: Why Supreme Court’s Immunity Ruling Is a TestFr
