-
RBC Capital Markets Upgrades Bank Of New York Mellon Corporation (BK) To Outperform Rating
Wednesday, April 21, 2010 - 9:56amAnalysts Gerard Cassidy and Jake Civiello at RBC Capital Markets have upgraded Bank of New York Mellon Corporation (NYSE: BK) from Sector Perform to Outperform rating. The rating has been revised to reflect the bank’s well-positioned balance sheet. The bank reported its first-quarter results on...
Read More >> -
RBC Capital Markets Sees STI At $50
Thursday, March 11, 2010 - 7:57pm
Gerard Cassidy of RBC Capital Markets said on CNBC's Fast Money that he believes that SunTrust Banks, Inc. (NYSE: STI) would be a good takeover candidate. There are rumors on the street that an acquisition of a regional bank might happen and Gerard Cassidy believes that SunTrust Banks (STI) could...
Read More >> -
Analyst Upgrades PNC Financial Services Group Inc. (PNC)
Wednesday, February 3, 2010 - 12:28pmThe shares PNC Financial Services Group Inc. (NYSE: PNC) were upgraded from Sector Perform to Top Pick by RBC Capital Markets analyst Gerard Cassidy. Cassidy was impressed by PNC Financial Services Group's announcement that it planned to to repay $7billion that it received from the federal...
Read More >> -
Regional Banks to Outperform Broader Sector
Friday, January 22, 2010 - 1:50amWhile the large banks are getting jittery in the face of proposed change in the legislation governing the banking sectors, Regional banks seem to be faring well. In an interview with CNBC, Gerard Cassidy of RBC Capital Markets said that the proposed changes are expected to have minimal impact on...
Read More >>
