Earnings Season Kicks Off With Bank Earnings Bonanza

Earnings season is approaching, and some of Wall Street's biggest banks will release their quarterly reports on Friday.

Here is a list of analyst ratings and stock price targets for the three major banks reporting on Friday: Wells Fargo & Co (NYSE: WFC), JPMorgan Chase & Co. (NYSE: JPM) and Bank of America Corp (NYSE: BAC).

Wells Fargo

Buy Ratings

• Argus research: Buy rating.
• Baird: Buy rating, $58 price target.
• Barclays: Buy rating, $65 price target.
• Citigroup: Buy rating.
• Credit Suisse: Buy rating, $50 price target.
• Deutsche Bank: Buy rating, $50 price target.
• Evercore ISI: Buy rating, $51 price target.
• Instinet, LLC: Buy rating, $51 price target.
• Merill Lynch: Buy rating, $50 price target.
• Morgan Stanley: Buy rating, $53 price target.
• RBC Capital: Buy rating, $52 price target.

Hold

• FBR Capital: Hold rating.
• Jefferies: Hold rating, $58 price target.
• JPMorgan: Hold rating.
• KBW: Hold rating, $48 price target.
• Oppenheimer: Hold rating.
• Pacific Crest: Hold rating.
• Sandler O'Neill: Hold rating.
• Susquehanna: Hold rating.
• UBS: Hold rating.

Sell

• BMO Capital: Sell rating.
• Guggenheim: Sell rating, $47 price target.
• Macquarie: Sell rating.
• Piper Jaffray: Sell rating, $43 price target.
• Raymond James: Sell rating.

JPMorgan Chase

Buy

• Barclays: Buy rating, $100 price target.
• CLSA: Buy rating, $79 price target.
• Credit Suisse: Buy rating, $88 price target.
• Deutsche Bank: Buy rating, $73 price target.
• Drexel Hamilton: Buy rating, $78 price target.
• FBR Capital: Buy rating, $85 price target.
• Jefferies: Buy rating, $94 price target.
• KBW: Buy rating.
• Merrill Lynch: Buy rating, $70 price target.
• Morgan Stanley: Buy rating, $70 price target.
• RBC Capital: Buy rating, $95 price target.
• UBS: Buy rating, $70 price target.
• Wells Fargo: Buy rating.

Hold

• Baird: Hold rating, $72 price target.
• Bernstein: Hold rating, $67 price target.
• BMO Capital: Hold rating, $77 price target.
• Buckingham: Hold rating, $74 price target.
• Citigroup: Hold rating, $65 price target.
• Goldman Sachs: Hold rating, $71 price target.
• Instinet, LLC: Hold rating, $65 price target.
• Macquarie: Hold rating, $70 price target.
• Oppenheimer: Hold rating.
• Sandler O'Neill: Hold rating.

Sell

• Compass Point: Sell rating, $50 price target.
• Renaissance Macro Securities: Sell rating, $85 price target.

Bank Of America

Buy

• Atlantic Equities: Buy rating, $25 price target.
• Bernstein: Buy rating, $17 price target.
• CFRA: Buy rating, $18 price target.
• Citigroup: Buy rating.
• CLSA: Buy rating, $25 price target.
• Credit Suisse: Buy rating, $19 price target.
• FBR Capital: Buy rating, $21 price target.
• Goldman Sachs: Buy rating, $19 price target.
• Instinet, LLC: Buy rating, $19 price target.
• Jefferies: Buy rating, $24 price target.
• KBW: Buy rating, $23 price target.
• Morgan Stanley: Buy rating, $17 price target.
• Oppenheimer: Buy rating, $19 price target.
• Rafferty Capital: Buy rating, $19 price target.
• Raymond James: Buy rating.
• Renaissance Macro Securities: Buy rating, $26 price target.
• UBS: Buy rating, $18 price target.

Hold

• Baird: Hold rating, $16 price target.
• Barclays: Hold rating, $26 price target.
• BMO Capital: Hold rating, $20 price target.
• Compass Point: Hold rating, $13 price target.
• Deutsche Bank: Hold rating, $17 price target.
• Guggenheim: Hold rating, $22 price target.
• Societe Generale: Hold rating, $17 price target.
• Standpoint Research: Hold rating.

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