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Trump's election victory boosts US bank stocks, with Wall Street expecting relaxed regulations.
Within the largest banks in the usa, people's emotions range from cautious optimism to excitement because they see the prospect of relief from regulatory institutions during the Biden era.
Veritex | 10-Q: Quarterly report
Is Trump's victory equivalent to the banks on Wall Street winning? The five major banks have repeatedly hit new highs this year, and financial stocks are expected to continue the 'victory trade'.
Investors will hope for Trump to weaken financial regulations. Analysts point out that Trump's victory will bring the biggest change to federal financial regulatory institutions in US history.
Shares of Banking-related Companies Are Trading Higher After Donald Trump Won the US Presidential Election.
Piper Sandler Maintains Veritex(VBTX.US) With Buy Rating, Maintains Target Price $30
Piper Sandler Sticks to Its Buy Rating for Veritex (VBTX)
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