Economy · News reference
Shares of banks and financial services companies are trading lower after U.S. core inflation data bolstered the case for more Fed monetary tightening, which may slow lending and limit interest margins. Also, weak Q3 segment results from Bank of America and Morgan Stanley may dent confidence in the broader sector.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Align Technology Executes Accelerated Share Repurchase with Goldman Sachs
Align Technology has entered into a $270 million accelerated share repurchase agreement with Goldman Sachs.
Evercore ISI Group Maintains In-Line on Invesco, Lowers Price Target to $33
Piper Sandler Maintains Affirm Holdings at Overweight, Lowers Price Target to $105
Piper Sandler has maintained an Overweight rating on Affirm Holdings, Inc. while lowering its price target from $115 to $105.
RBC Lowers Price Target on Affirm Holdings to $83 From $96
RBC has reduced its price target for Affirm Holdings, Inc. to $83 from $96 while maintaining a Sector Perform rating.
BofA Securities Adjusts Affirm Price Target to $109 From $104
BofA Securities has increased its price target for Affirm Holdings, Inc. from $104 to $109.