David Trone

David Trone of MKM Partners published an earnings preview for banks and brokers heading in to the third quarter. The analyst maintains a bullish view in his note while reiterating a Buy rating on many of the large-cap banks. "Seasonal factors will obviously create a sequential drop in...

In a report published Wednesday, MKM Partners analyst David Trone initiated coverage on Universal Banks. The analyst initiated a Buy rating on JPMorgan Chase & Co. (NYSE: JPM), Bank of America (NYSE: BAC) and Citigroup (NYSE: C) on long-term opportunities. Trone remarked that the...

In a report published Wednesday, MKM Partners analyst David Trone initiated coverage on Universal Banks including a Buy rating on Citigroup (NYSE: C) and $56.00 price target. Trone wrote, "We believe Citigroup's recent rejection of its capital return plan by the Fed will prove a temporary hiccup....

In a report published Wednesday, MKM Partners analyst David Trone initiated coverage on Universal Banks including a Buy rating on Bank of America (NYSE: BAC) and $18.00 price target. Trone commented that Bank of America's peers have seen significant declines in credit costs, “but Bank of America...

In a report published Wednesday, MKM Partners analyst David Trone initiated coverage on Universal Banks including a Buy rating on JPMorgan Chase & Co. (NYSE: JPM) and $65.00 price target. MKM Partners wrote, “As the cliché goes, no good deed goes unpunished, instead of being appreciated in...

President Obama’s new proposed regulation for the banking sector has sent chills throughout the market. Talking with CNBC, David Trone of Macquarie Capital said that he expects the markets to react negatively to the news. He also said that he sees slim chances of the passage of the bill and...