invest-longterm

Oppenheimer’s Whitney Cuts U.S. Bank Estimates - Again

Whitney has been the most pessimistic and most correct of financial analysts so far, but she could easily be ignoring the fact that the sector may turn before the worst headlines. Of course, she thinks they will get even worse, but then she has had to revise estimates 30 times (you'd think she would get to a point after a few tries, where it would not be necessary to revise so often). She might have to revise estimates once again one of these days - upwards!