High funding costs and poor asset quality will hurt Zacks Major Regional Banks. Yet, interest rate cuts, modest loan demand, decent economic growth and business restructuring efforts are likely to aid industry players like JPM, USB, TFC and BK.
Investing.com -- Truist analysts raised their price target for Hold-rated Tesla (NASDAQ:TSLA) to $236, up from $215, in a note Thursday, citing lower interest rates as a key driver behind the increase.
KeyCorp remains well-placed for growth on balance sheet repositioning, minority stake by BNS and lower rates despite weak asset quality and rising expenses.