Goldman joins Huntington Bancshares and Wells Fargo as Top Picks at Deutsche

|About: Huntington Bancshares In... (HBAN)|By:, SA News Editor

Banks stocks may have priced in higher interest rates, but they're not yet discounting a stronger economy, says Deutsche Bank, noting those lenders most levered to boosted rates have had the largest post-election moves.

Left behind somewhat are those banks most levered to stronger lending and fee volumes. Huntington Bancshares (NASDAQ:HBAN) and Wells Fargo (NYSE:WFC) are reiterated as top picks among large regional U.S. lenders.

Goldman is raised to Buy from Hold and added to the Top Pick list.  Deutsche says the strong economy should be good for the bank's capital markets business, and provide a positive backdrop for investing and lending.

Source: Bloomberg

Goldman +0.6% premarket