Matt O'Connor

In a note out on Tuesday, Deutsche Bank Markets Research analyst Matt O'Connor commented on which banks will likely benefit most from a higher interest rate environment. O'Connor feels that JPMorgan Chase & Co. (NYSE: JPM) and M&T Bank Corporation (NYSE: MTB) should be the two biggest...

On October 17, Deutsche Bank analysts adjusted the investment recommendations on two financial stocks: KeyCorp (NYSE: KEY) upgraded to Buy from Hold; maintained $14.50 price target. PNC Financial Services Group Inc (NYSE: PNC) downgraded to Hold from Buy; lowered price target from $94 to $87...

Bank of America (NYSE: BAC) opened sharply higher Tuesday after getting upgraded to Buy at Deutsche Bank. Early in the session, shares were up 2.15 percent to $15.94. Key to the upgrade is an improved outlook for fixed income trading, Deutsche Bank's Matt O'Connor said in a note....

In a report published Thursday, Deutsche Bank analyst Matt O'Connor downgraded the rating on Morgan Stanley (NYSE: MS) from Buy to Hold, and lowered the price target from $31.00 to $30.00. In the report, Deutsche Bank noted, “While the timing is uncertain, most expect the Fed to slow its bond...

In a report published Thursday, Deutsche Bank analyst Matt O'Connor downgraded the rating on Citigroup (NYSE: C) from Buy to Hold, and lowered the price target from $61.00 to $56.00. In the report, Deutsche Bank noted, “While the timing is uncertain, most expect the Fed to slow its bond purchase...

In a report published Thursday, Deutsche Bank analyst Matt O'Connor downgraded the rating on US Bancorp (NYSE: USB) from Buy to Hold, and lowered the price target from $41.00 to $38.00. In the report, Deutsche Bank noted, “3Q was disappointing in our view as we est. there was $100m+ of MSR gains...

In a report published Thursday, Deutsche Bank analyst Matt O'Connor upgraded the rating on Goldman Sachs Group (NYSE: GS) from Hold to Buy, and raised the price target from $163.00 to $181.00. In the report, Deutsche Bank noted, “Since post 4Q12 EPS (i.e. late January 2013), GS shares have lagged...

In a report published Friday, Deutsche Bank analyst Matt O'Connor upgraded the rating on SunTrust Banks (NYSE: STI) from Hold to Buy, and raised the price target from $36.00 to $39.00. In the report, Deutsche Bank noted, “Our upgrade reflects the potential for EPS upside over time from a continued...

In a report published Friday, Deutsche Bank analyst Matt O'Connor upgraded the rating on Morgan Stanley (NYSE: MS) from Hold to Buy, and raised the price target from $20.00 to $30.00. In the report, Deutsche Bank noted, “MS shares are up 31% YTD vs. +16% for the S&P 500 and +21% for the BKX...