Entire banking space has a decent backdrop, says Piper Sandler's Scott siefers
CNBC Televisionยท2025-07-09 12:37
Let's get a closer look at bank stocks following a series of downgrades ahead of earnings season which kicks off next week. Joining us now Scott Cifer's Piper Sandler, senior research analyst. Scott, great to have you with us.Um, at the heart of at the heart of the downgrades that we've seen so far yesterday from HSBC. The concern really was valuation that a lot of the good news has been priced into stocks and I'm wondering how you see let's say a JP Morgan which is close to a record high trading at a price ...