BAC Bank of America target climbed to $61.77 from $61.52 today as consensus tightened. The $501B lender held 23 sell ratings yet grabbed modest price upgrades. Zero buy recommendations persisted showing persistent skepticism.
MS Morgan Stanley target rose to $192.00 from $191.76 on fresh analyst reviews. The $212B investment bank drew 14 hold ratings and 10 sells. Just one buy recommendation remained active.
PNC PNC Financial target jumped to $249.48 from $249.28 as regional banks attracted attention. The $80B Pittsburgh lender held 16 sell ratings against six holds. MTB M&T Bank climbed to $232.66 from $231.50 consensus.
FT reported Wall Street banks broke records as Iran war drove trading boom. JPMorgan Chase, Citigroup and Wells Fargo posted over $25B in Q1 profits combined. Trading revenues surged on oil volatility and currency swings.
Technology infrastructure names grabbed upgrades. DELL Dell Technologies target edged to $174.21 from $173.38 showing quiet momentum. HPE Hewlett Packard Enterprise and NetApp both saw modest consensus increases.
Financials dominated analyst activity as war volatility fueled trading desk strength.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
