Banks & Brokers Covering Each Other (BAC, C, JPM, GS, MS, HBC)

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As you will see below, there are many new calls in the banking and brokerage sector this Tuesday morning:

Morgan Stanley (NYSE: MS), Goldman Sachs (NYSE: GS) Started as Outperform at Oppenheimer.  Bank of America (NYSE: BAC), Citigroup (NYSE: C), and JPMorgan (NYSE: JPM) were started as “Perform” at Oppenheimer.

Goldman Sachs (NYSE: GS) Cut to Market Perform at KBW.

HSBC (NYSE: HBC) Raised to Neutral at Goldman Sachs.

JON C. OGG

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