Banks: Better Than Feared
Published on
Banks mostly surprised with earnings beats for Q2-2023, lifting broad and regional bank stocks alike. Despite prevailing macro headwinds, banks are cheap and oversold, supported by better-than-expected earnings. A broadening of the rally supports further upside to the industry. Move to overweight banks over a tactical horizon.
BCA Research | Equities
Macro, fundamental, and quantitative analysis translated into actionable equity views across sectors, factors, themes, and baskets.
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