Banks that find themselves on the cusp of certain regulatory thresholds could be big winners under the Trump Treasury Department.
Here are Thursday's top research calls, including upgrades for Kraft Heinz and Sysco, and downgrades for Molson Coors and Tractor Supply.
Banc of California is grappling with shareholder pressure to improve corporate governance following complaints over related-party transactions and allegations that the company had developed improper ties to a securities fraudster.
Banc of California stock had been under pressure since October, when a blog post alleged the company had improper ties to a financier who pleaded guilty to fraud
The California bank's CEO stepped down last month amid a probe by the Securities and Exchange Commission