Erika Najarian

Every U.S.-based bank received a non-objection from the Federal Reserve in terms of capital plans as part of the 2017 Comprehensive Capital Analysis and Review (CCAR), or stress test, Bank of America's Erika Najarian noted in a report. Bank stocks have historically performed well post-CCAR but...

Following the release of second quarter earnings by about 70 percent of U.S. banks in its coverage universe, Bank of America said it favors banks that have shown best-in-class execution irrespective of the rate scenario. Accordingly, the firm favors JPMorgan Chase & Co. (NYSE: JPM), which...

Citigroup Inc (NYSE: C) is likely to pass an upcoming regulatory capital review, while recent steps to bolster its business should make its stock a long-term performer, an analyst said Thursday. Citigroup, little changed Thursday at $53.46, has gained about 10 percent during the past month....

In a report published Monday, Bank of America analyst Erika Najarian reiterated a Buy rating and $68.00 price target on JPMorgan Chase & Co. (NYSE: JPM). In the report, Bank of America noted, “We are reiterating our Buy rating and $68 PO on JPM, after hosting investor meetings with Gordon Smith...

In a report published Thursday, Bank of America analyst Erika Najarian reiterated a Buy rating on First Republic Bank (NYSE: FRC), but lowered the price target from $60.00 to $52.00. In the report, Bank of America noted, “There's no getting around it: a higher regulatory cost burden as FRC...

In a report published Friday, Bank of America analyst Erika Najarian reiterated a Buy rating on EverBank Financial (NYSE: EVER), and raised the price target from $21.00 to $24.00. In the report, Bank of America noted, “We are reiterating our Buy rating on EVER and raising our PO to $24 from $21...

In a report published Thursday, Bank of America Merrill Lynch analyst Erika Najarian upgraded City National (NYSE: CYN) to Neutral from Underperform, raising its price objective to $80.00 from $52.00. “We previously had a more cautious outlook on the stock, given what we saw as premium valuation...

In a report published Thursday, Bank of America Merrill Lynch analyst Erika Najarian downgraded First Niagara Financial (NASDAQ: FNFG) to Underperform from Buy, dropping its price objective to $10.00. According to the report, the new price objective implies underperformance to bank coverage group...

In a report published Thursday, Bank of America Merrill Lynch analyst Erika Najarian upgraded SunTrust Banks (NYSE: STI) to Neutral from Underperform, raising its price objective to $38.00. According to the report, the stock is expected to trade in line with group following 9pp in...

In a report published Thursday, Bank of America analyst Erika Najarian reiterated a Buy rating on Citigroup (NYSE: C), and raised the price target from $58.00 to $61.00. In the report, Bank of America noted, “Despite recent underperformance and sell-side downgrades, we think C remains one of the...

In a report published Thursday, Bank of America analyst Erika Najarian reiterated a Buy rating and $58.00 price target on Citigroup (NYSE: C). In the report, Bank of America noted, “C is once again trading below current tangible book (TBV), and in this report, we explore why we believe this...