Mid Cap Banks

The bearish case against Synovus Financial Corp. (NYSE: SNV) has come to an end, according to Morgan Stanley. The Analyst Morgan Stanley's Ken Zerbe upgraded Synovus Financial from Underweight to Equal-weight with a price target raised from $52 to $53. The Thesis Synovus has...

Bank stocks were one of the immediate beneficiaries of the "Trump rally" following the 2016 presidential election. But by February 2017, the positive sentiment "drifted out of the stocks," Bernstein's Kevin St. Pierre commented in a research report. Since then, many of the stocks under the analyst'...

Steven Alexopoulos of JPMorgan commented in a note that the Fed's recent meeting demonstrated a "very dovish tone." Alexopoulos suggested investors trim exposure to banking stocks, especially asset sensitive firms. Alexopoulos downgraded shares of Comerica Incorporated (NYSE: CMA) to Neutral from...