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7 Financial Stocks To Sell As Interest Rates Fall
Thursday, March 5, 2020 - 1:15pm | 1090The Federal Reserve took aggressive action this month in the wake of the coronavirus outbreak by cutting interest rates by 0.5%, the largest rate cut since 2008. The latest rate cut also represented the fourth consecutive interest rate cut by the Fed. Throughout history, every single time the Fed...
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Bank Of America Downgrades KB Financial On Weaker EPS Momentum
Thursday, August 30, 2018 - 1:05pm | 292KB Financial Group Inc. (NYSE: KB) faces challenges to gain leading positioning within a competitive landscape. The Analyst Bank of America analyst Bryan Song downgraded KB from Buy to Neutral and lowered the price target $61. The Thesis This downgrade reflects inferior key earnings drivers in...