Bank Upgrades: 3 Names Grabbing Bullish Analyst Attention

Big news dropped last week that could point to the end of widespread trouble for bank stocks. In a surprising move, Morgan Stanley analyst Betsy Graseck upgraded all three of these bank stocks. She pointed specifically to the likelihood of buybacks accelerating this year, with increased IPO and M&A deal generation bumping bank stocks’ collective bottom line.Bank stocks tend to be a bellwether for more comprehensive economic conditions; the Silicon Valley Bank collapse in 2023 was the first breaking point th ...