Deutsche Bank, Buy, $26 Target
UBS, Buy, $25 Target
Citigroup, Buy, $25 Target
Barclays, Equal Weight, $23 Target
Goldman Sachs, Neutral, $20 Target
JPMorgan, Neutral, $17 Target
The banking sector has been in rally mode since the election on November 8, so investors need to be patient when buying them, Wedbush Equity Management CIO Steve Massocca said.
Analysts attribute its weakness to subdued growth at Apple and loss of businesses at Intel, Mediatek.