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More on the Goldman bank moves: SunTrust (STI) joins Citigroup in being upgraded, while Wells...

Friday, January 4, 7:20 AM ET
More on the Goldman bank moves: SunTrust (STI) joins Citigroup in being upgraded, while Wells Fargo (WFC) and BB&T (BBT) join JPMorgan in being downgraded. "The stronger the bank, the fewer the EPS levers," says Goldman, clearly expecting a stronger economy and housing market in 2013.

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This news story has 2 comments:

deercreekvols Comments (2905)

So let me get this straight.

GS, a bank, has downgraded some banks and upgraded other banks.

Makes perfect sense to me. It is not like GS has a stake in the game or anything. You have to love Wall Street.

How long before analysts at the downgraded banks downgrade GS?

4 Jan, 07:25 AM Reply Like

rcpatrick5443 Comments (352)

I think that we need additional categories for upgrades. For instance, banks involved in criminal enterprises; banks appropriately under SEC investigation; banks that do not adequately supervise their traders; and banks using unethical means (robo-signing, etc.) for processing "overdue" mortgages.

4 Jan, 07:38 AM Reply Like

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