This little-known banking stock has upside, Bank of America says
By CNBC
February 7, 2026, 7:50 PM EST
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(CNBC): Bank of America upgrades Popular Inc. in the Caribbean, citing upside potential and income. Shares have surged, with further growth expected.
Bank of America has upgraded shares of Popular Inc. in the Caribbean, with an increased price target and a buy rating. The firm sees potential for a 14% upside from Monday’s close. The bank’s credit quality is improving due to economic recovery, leading to better net charge-offs. Popular offers a dividend yield of 2.1% and attractive yields on deposit products. Analysts are bullish on the stock, with most rating it a buy or strong buy.
