- 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
More bank downgrades ahead of Q1 results
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Symbol | Last Price | % Chg |
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TFC | - | - |
Truist Financial Corporation |