Credit Suisse, Outperform, $58 Target
KBW, Outperform, $57 Target
Deutsche Bank, Buy, $52 Target
Goldman Sachs, Buy, $51 Target
Citigroup, Buy, $48 Target
Here are the winning banks.
Bank CEOs held onto their shares for a long time while the banks were part of a 'dead' industry, Smead Capital Management research director Tony Scherrer said.
Under pressure from the activist investor, Bob Evans said it had sold its restaurant business to buyout shop Golden Gate and will use cash to pay debt and for dividend