BloggingStocks: Analyst upgrades:
JPMorgan upgraded Barrick Gold (NYSE: ABX) and Goldcorp (NYSE: GG) to Overweight from Neutral following its gold valuation analysis. The firm set a $54 price target on Barrick shares and a $47 price target on Goldcorp shares. ... Read more
BloggingStocks: Analyst upgrades:
Piper Jaffray upgraded Viacom (NYSE:VIA) to Overweight from Neutral to reflect the improving ad market and better ratings at key cable networks. The firm raised its target on shares to $35 from $29.
Baird upgraded Research in ... Read more
There’s a big divergence in performance among regional U.S. banks, with some doing much better than others. As a group, though, the regional banks are far from immune to the credit crisis and severe recession, according to Standard & Poor’s Credit Research.
Higher net interest margins helped many of the regional banks achieve higher net interest [...]
With the financial landscape shifting under recent news, especially the quasi-nationalization of Freddie Mac and Fannie May, I believe that it is time to speculate on selected regional banks for both dividend and total return over the next few quarters and beyond. Notice that I say speculate, as investors deep down inside know that there will be a continuing fallout as worthy financial institutions survive and those fatally contaminated flop.Here are a few regional financial choices for you to research. They shed a nice dividend that appears supported, trade at a decent volume per day and have a successful niche market, excellent management, or both, indicating hope for future prosperity.S&T Regional Bank (STBA) trading at $35.23/share with a yield of 3.44%.Sterling Bancorp (STL) trading at $16.80/share with a yield of 4.52%.First Commonwealth Financial Corp. of PA (PCF) trading at[More...]
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