More bank downgrades ahead of Q1 results

|By:, SA News Editor

Add another to list of banks being downgraded in the wake of mostly conservative capital returns, and just ahead of what are expected to be sluggish Q1 earnings reports:  BB&T (BBT -0.5%) is cut to Outperform from Strong Buy at Raymond James.

Previously: U.S. Bancorp pulled from Conviction Buy list at Goldman, and Citi and Deutsche also receive downgrades.

KBE -0.4%, KRE -0.6%

Related ETFs: XLF, FAS, FAZ, UYG, KRE, VFH, KBE, IYF, IAI, IAT, SEF, IYG, FXO, PFI, KBWB, FNCL, RKH, QABA, FINU, KRU, RWW, KBWR, RYF, PSCF, KRS, FINZ, AIRR