Diversified Banks
7 companies under coverage.
Diversified Banks
Wells Fargo & Company (WFC)
The bull case — 'Bull — Re-Rate / Buybacks' (8% weight) — targets $148, +79% vs spot. It needs the multiple to hold or expand.
U.S. Bancorp (USB)
The bull case — 'Bull — Re-Rate / Buybacks' (8% weight) — targets $107, +77% vs spot. It needs the multiple to hold or expand.
Truist Financial Corp (TFC)
The bull case — 'Bull — Re-Rate / Buybacks' (8% weight) — targets $89, +79% vs spot. It needs the multiple to hold or expand.
Bank of America Corp (BAC)
The bull case — 'Bull — Re-Rate / Buybacks' (8% weight) — targets $101, +78% vs spot. It needs the multiple to hold or expand.
JPMorgan Chase & Co. (JPM)
The bull case — 'Fortress Balance Premium' (10% weight) — targets $410, +25% vs spot. It needs the multiple to hold or expand.
PNC Financial Services Group Inc (PNC)
The bull case — 'Bull — Re-Rate / Buybacks' (8% weight) — targets $419, +70% vs spot. It needs the multiple to hold or expand.
Citigroup Inc. (C)
The bull case — 'Bull — Re-Rate / Buybacks' (8% weight) — targets $258, +84% vs spot. It needs the multiple to hold or expand.