Mihir Bhatia

Investors are focusing on the prospects of rising operating expenses at Discover Financial Services (NYSE: DFS) in 2021 and the uncertainty around the resumption of loan growth, which has “overshadowed the stark fundamental improvement in the outlook,” according to BofA Securities. The...

Stimulus checks and tax refunds could be a positive one-two punch for many stocks, but Bank of America analyst Mihir Bhatia said they may be bad news for credit card companies in the near-term. What Happened? Credit card stocks, including Alliance Data Systems Corporation (NYSE: ADS), American...

While American Express Company (NYSE: AXP) has exhibited resilience and executed well during the COVID-19 pandemic, there are concerns around the “near-to-medium term billing volumes, particularly airline and lodging spend,” according to BofA Securities. The American Express...

Shares of mortgage insurer MGIC Investment Corp. (NYSE: MTG) have gained about 5 percent since the lows reached after price cuts were announced in April, leaving limited room for upside, according to Bank of America Merrill Lynch. The Analyst Analyst Mihir Bhatia downgraded MGIC from...