The Federal Reserve's next round of stress tests early in the new year should lead to some rather fat payouts for investors, according to KBW analyst.
Roche is upgraded to 'overweight,' while Novartis is downgraded to 'equal weight.'
AIG is upgraded to 'buy,' and Nvidia is downgraded to 'perform.'
Citigroup is upgraded to 'outperform,' and Apollo Group is downgraded to 'neutral.'
Shares of the bank rose more than 5% Monday, and other financial companies saw a corresponding lift.
Mondelez is downgraded to 'hold,' and Citigroup is upgraded to 'outperform.'
If you're interested in financial stocks, take a look at these.
Terry McEvoy says PNC is poised to improve its earning and see a share price multiple expansion in 2013.
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The offering could become the second-biggest this year if underwriters exercise an option to buy more shares.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The government's health care portal stumbled badly out of the gate 2 months ago, and it's still far from perfect.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.