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Wall Street Analysts Are Bullish on Top Financial Picks

Tipranks - Tue Jun 16, 10:14AM CDT

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Morgan Stanley (MS), Rocket Companies (RKT) and UMB Financial (UMBF) with bullish sentiments.

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Morgan Stanley (MS)

Bank of America Securities analyst Ebrahim Poonawala maintained a Buy rating on Morgan Stanley today. The company’s shares closed last Monday at $218.89.

According to TipRanks.com, Poonawala is a top 25 analyst with an average return of 19.8% and a 80.3% success rate. Poonawala covers the Financial sector, focusing on stocks such as Pinnacle Financial Partners, Canadian Bank of Commerce, and Bank of New York Mellon. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Morgan Stanley with a $200.00 average price target, representing a -8.6% downside. In a report issued on June 4, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $241.00 price target.

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Rocket Companies (RKT)

Bank of America Securities analyst Mihir Bhatia maintained a Buy rating on Rocket Companies today. The company’s shares closed last Monday at $14.24.

According to TipRanks.com, Bhatia is a 4-star analyst with an average return of 7.8% and a 59.2% success rate. Bhatia covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Capital One Financial, and Synchrony Financial. ;'>

Currently, the analyst consensus on Rocket Companies is a Moderate Buy with an average price target of $20.14.

UMB Financial (UMBF)

In a report released today, Brandon Berman from Bank of America Securities maintained a Buy rating on UMB Financial. The company’s shares closed last Monday at $135.55.

According to TipRanks.com, Berman is a 4-star analyst with an average return of 6.0% and a 68.1% success rate. Berman covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, First Bancorp Puerto Rico, and Texas Capital Bancshares. ;'>

UMB Financial has an analyst consensus of Strong Buy, with a price target consensus of $146.50.

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