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Analysts Offer Insights on Financial Companies: Bank of America (BAC), Cboe Global Markets (CBOE) and Signature Bank (SBNY)

Analysts have been eager to weigh in on the Financial sector with new ratings on Bank of America (BACResearch Report), Cboe Global Markets (CBOEResearch Report) and Signature Bank (SBNYResearch Report).

Bank of America (BAC)

Morgan Stanley analyst Betsy Graseck maintained a Sell rating on Bank of America today and set a price target of $51.00. The company’s shares closed last Thursday at $46.88, close to its 52-week high of $50.08.

According to TipRanks.com, Graseck is a 4-star analyst with an average return of 8.1% and a 53.2% success rate. Graseck covers the Financial sector, focusing on stocks such as Discover Financial Services, Capital One Financial, and Huntington Bancshares.

Currently, the analyst consensus on Bank of America is a Moderate Buy with an average price target of $52.66.

See today’s best-performing stocks on TipRanks >>

Cboe Global Markets (CBOE)

In a report released today, Sean Horgan from Rosenblatt Securities maintained a Buy rating on Cboe Global Markets, with a price target of $145.00. The company’s shares closed last Thursday at $121.78.

According to TipRanks.com, Horgan has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.6% and a 42.3% success rate. Horgan covers the Technology sector, focusing on stocks such as Fidelity National Info, Robinhood Markets, and Tradeweb Markets.

Cboe Global Markets has an analyst consensus of Hold, with a price target consensus of $138.50.

Signature Bank (SBNY)

In a report released today, Manan Gosalia from Morgan Stanley maintained a Buy rating on Signature Bank, with a price target of $508.00. The company’s shares closed last Thursday at $353.75, close to its 52-week high of $374.76.

According to TipRanks.com, Gosalia is a 3-star analyst with an average return of 13.2% and a 51.9% success rate. Gosalia covers the Financial sector, focusing on stocks such as Raymond James Financial, Svb Financial Group, and First Republic Bank.

Signature Bank has an analyst consensus of Strong Buy, with a price target consensus of $424.93, representing a 20.9% upside. In a report released yesterday, Wedbush also maintained a Buy rating on the stock with a $415.00 price target.

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