Time for Some Banks to Consider 'Plan B'
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Goldman Sachs Removes Wells Fargo (WFC) from Conviction Buy List
September 10, 2012 7:27 AM EDTGoldman Sachs removed Wells Fargo (NYSE: WFC) from its Conviction Buy List but maintained a Buy rating and $37 price target.
With shares up 40 percent over the past 12-months, versus 20% for the S&P 500, upside is limited. They see 6% upside to their price target, or... More
Goldman Sachs Upgrades Regions Financial (RF) to Conviction Buy, Strong 'Self-Help' Story
September 10, 2012 7:22 AM EDTGoldman Sachs upgraded Regions Financial (NYSE: RF) from Buy to Conviction Buy with a price target of $9.00 (from $8.00), calling it the "best self-help story; repositioning for greater returns."
The firm said the strong self-help story, continued credit recovery and improving fundamentals will drive upside in... More
