Top Financial Shares:
JPM: +0.8%
BAC: +0.6%
WFC: +0.9%
C: +0.9%
USB: +0.3%
Financial shares were higher ahead of the opening bell on Wednesday.
In financial stocks news, Morgan Stanley ( MS ) was downgraded to underweight from neutral by Atlantic Equities, with a price target set at $27 a share.
Shares in the company were 0.2% higher at $24.56 pre-bell. The company has traded between $24.39 and $41.04 over the past 52 weeks.
And UBS AG ( UBS ) shares were downgraded to sector perform from outperform by RBC Capital Markets.
Shares in the company were 0.4% higher at $15.29 pre-bell. The company has traded between $14.97 and $23.19 over the past 52 weeks.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.