In a new research report, Merrill Lynch cuts earnings estimates and price targets an average 4% across the firm's 41 banks in their coverage universe.
As the earnings season has just kicked off, we are now hailing some of the first reporters, which are the major banks.
One good area for investors to look now is value, and a new report from Jefferies highlights some stocks that investors may not perceive as true value companies.
Despite its underwhelming 2015 thus far, Credit Suisse has upgraded Citigroup, as the valuation now appears to more adequately discount the firms concerns.
Chris Lange Monday's top analyst upgrades, downgrades and initiations include Atmel, BlackBerry, Citigroup, DSW, JC Penney, 2U, TD Ameritrade and Vertex Pharmaceuticals.
These are some stocks that top analysts from around Wall Street feel will do well in a rising-rate environment, and some may be a surprise.
Friday's top analyst upgrades, downgrades and initiations include Abercrombie & Fitch, Akamai Technologies, Citigroup, Pollo Loco, Netflix and Salesforce.com.
It turns out that the latest round of market selling took more big banks back under their respective book values -- a point that acts as a homing beacon for value investors.
Most consumers know that all credit cards are not created equal. And separating the bad from the good can be tricky.
One area that remains very cheap on a price-to-earnings basis is the financials, and in a new research report Oppenheimer upgrades the sector to Overweight.
ThinkstockThere may be more upside ahead in the big banks. This week brought a research report from Barclays showing that the big banks are more attractive now than they were in the prior…
ThinkstockNow that most of the financial giants have reported their second quarter earnings, 24/7 Wall St. wanted to pay close attention to the bargain bin that may still attract the value investors.…
24/7 Wall St. cannot help but wonder if investors are finally ready to place a premium on book value in Bank of America and in Citigroup now that the bottom in the…
ThinkstockThe Consumer Financial Protection Bureau (CFPB) last week published its first Monthly Complaint Report, providing data the agency has collected regarding consumer complaints collected during the first four years of its existence.…
Citigroup released a better-than-expected second-quarter earnings report Thursday before the markets opened.
Chris Lange 
