- Wells Fargo (NYSE: WFC) – $60 price target – If economic recovery muted and loan growth modest, expect outperformance coming from fee income and expense control, supplemented by capital return.
- M&T Bank Corporation (NYSE: MTB) – $146 price target – Looking ahead, MTB is believed to receive regulatory approval to proceed with the acquisition of HCBK, along with meaningful operating efficiency improvements as they approach the end of 2014.
- US Bancorp (NYSE: USB) – $51 price target – view USB's best-in-class operating efficiency, industry-leading fee income generation, and low levels of excess capital drive USB's 20% - plus returns as repeatable and sustainable.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
- Suntrust Banks (NYSE: STI) – $41 price target – Despite improved credit and return profile following the Great Recession, view risk in owning shares as roughly in balance with the rewards.
- Regions Financial (NYSE: RF) – $11 price target – Despite rallying shares as credit improved, funding costs have improved, and margins expanding, it is believed risk with owning RF shares are in balance with the rewards.
- Fifth Third (NASDAQ: FITB) – $23 price target – Despite evidence of better risk controls and more disciplined underwriting is present, the risk associated with owning FITB shares is in line with the reward.
- Huntington Bancshares (Nasdaq: HBAN) – $10 price target – Under new leadership of CEO Stephen Steinour, HBAN has experienced growth from the addition of thousands of new customers and a rebranding. Despite this positive direction, risks of owning shares are in balance with rewards.
- Keycorp (NYSE: KEY) – $14 price target – New management has helped KEY regain its footing, and they have been enjoying is meaningful decreases in deposit funding costs, strong fee income generation, solid asset quality, and industry-leading capital return, but Carrach believes the risk with owning KEY shares are in line with the reward.