CNBC Investing Club

Investing Club: This big bank could get a boost if interest rates go higher

Wells Fargo signage on May 5th, 2021 in New York City.
Bill Tompkins | Michael Ochs Archives | Getty Images

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In today's morning note, we mentioned how analysts at Morgan Stanley shuffled around their ratings in the banks this morning. Among the changes, the analysts cut PNC Financial (PNC) from equal-weight to underweight, downgraded Citigroup (C) to equal-weight from overweight and upgraded Goldman Sachs (GS) to equal-weight from underweight.