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Meredith Whitney Advisory Upgrades Citigroup (C), BofA (BAC) and Discover (DFS) - CNBC

December 17, 2012 4:18 PM EST Send to a Friend
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Price: $51.82 -0.44%

Rating Summary:
    17 Buy, 11 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 25 | Down: 20 | New: 23
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Meredith Whitney Advisory upgraded Citigroup (NYSE: C), Bank of America (NYSE: BAC) and Discover (NYSE: DFS), according to CNBC. The ratings on all three were raised from Hold to Buy.

In a research report to clients entitled "Shifting to a Positive Stance on Financials: Upgrading BAC, C, DFS," she said an upcoming catalysts is the release of CCAR results from the Fed. She said BofA could quadruple its dividend after that.




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