Financial stocks absorbed widespread analyst downgrades today. JPM JPMorgan consensus target fell to $340 from $341. BAC Bank of America dropped to $61.38 from $61.58. C Citigroup slid to $133.52 from $134.04.
Regional banks saw similar pressure. FITB Fifth Third Bancorp target fell to $56.62 from $56.76. RF Regions Financial dropped to $30.58 from $30.72. Analysts trimmed views as Iran war chaos threatened loan growth.
CCL Carnival grabbed the day's only upgrade moving to six buy ratings from five. The cruise operator consensus target rose to $36.37. Travel names showed resilience despite geopolitical volatility.
NFLX Netflix target climbed to $113.43 from $113.21 showing streaming confidence. Kinder Morgan rose to $34.45 from $34.32 as energy infrastructure drew fresh interest.
LUV Southwest Airlines target dipped to $47.30 from $47.39. The carrier held nine hold ratings amid fuel cost pressure.
Financial sector revisions dominated activity as banks faced mounting macro headwinds.
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