In the affluent Los Angeles neighborhoods scorched by wildfires, jumbo mortgages on multimillion-dollar homes are commonplace, making the loans a potential pain point for the banks left holding them.
Keefe Bruyette raised the firm’s price target on IntercontinentalExchange (ICE) to $186 from $178 and keeps an Outperform rating on the shares.
Analysts have been eager to weigh in on the Financial sector with new ratings on Banc of California (BANC – Research Report) and Tradeweb ...