Despite the downgrade of JPMorgan, Oppenheimer remains bullish on Citi (C), Goldman Sachs (GS), and Jefferies Financial Group (JEF), citing their upside potential in an M&A-driven environment.
5. It is likely that Mr. Trump will also appoint a new FTC chair after he takes office. The current FTC chair, Lina Khan, worked closely with Mr. Biden's anti-trust agenda over his time in office.