The biggest bank failure since the global financial crisis has clobbered stocks, but Wall Street analysts see buying opportunities in some of the stocks affected by Silicon Valley Bank’s collapse.
The closures of Silicon Valley Bank, Signature Bank, and Silvergate Bank in the past week have led to a broader market rout and concerns about the health of the overall financial system. But that hasn’t stopped analysts from making some bullish calls this week on battered financial stocks like
Charles Schwab
(ticker: SCHW) and on companies that held money at the collapsed Silicon Valley Bank, such as
Roku
(ROKU).
