Entering text into the input field will update the search result below

Mike Mayo launches bank coverage at his new shop

Aug. 10, 2017 8:47 AM ETCitigroup Inc. (C) StockBAC, JPM, GS, C, STI, ZION, STTBy: Stephen Alpher, SA News Editor17 Comments
  • Mike Mayo is with Wells Fargo now, after CLSA did away with much of its U.S. sell-side team.
  • Launching coverage on 18 banks, he rates Citigroup (NYSE:C), Bank of America (NYSE:BAC), JPMorgan (NYSE:JPM), Goldman Sachs (NYSE:GS), State Street (NYSE:STT), SunTrust (NYSE:STI), and Zions Bancorp (NASDAQ:ZION) as Outperform.
  • His top five picks: Citigroup, which he sees doubling in the next 4-5 years; State Street, which is set hit targets for the first time in a decade; SunTrust as the best regional bank franchise; BofA, which is fully benefitting from national banking after shortfalls for the last 20 years; JPMorgan, which he sees as having the largest risk-adjusted ROE by 2020.
  • Source: StreetInsider

Recommended For You

About C Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
C--
Citigroup Inc.