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Bank Of America Would Bear The Brunt Of Higher Operating And Credit Costs: Analyst

Bank of America Corporation faces lowered price target after Q4 fees-and-cost miss. BMO Capital Markets analyst cites -7% near-term estimate cut, anticipating higher operating and credit costs. Analyst favors alternative U.S. financial stocks, highlighting investment opportunities in AerCap Holdings N.V. and Air Lease Corporation with lower exposure to funding, regulatory, and credit risks.

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Analyst Cautions Vulnerability In Finance Stocks, Downgrades Ally Financial And Goldman Sachs But Optimistic On Aircraft Lessors

BMO Capital Market analyst James Fotheringham initiated coverage on a few aircraft lessors, investment bank, and disruptive tech lenders stocks and lowered ratings on auto lenders companies based on its Non-Performing Asset Formation Analysis.

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