Major banks stocks gain Monday.
In late trading, MBNA Corp., the big credit card issuer, rose $1.25 to $27.50, and SunTrust Banks Inc. was up $1.125 to $45.75.
Wells Fargo & Co. gained $2.25 to $103 and Comerica Inc. rose 25 cents to $28.50 after both banks were upgraded to "buy" from "hold" by First Boston Corp. analyst Merrill Ross.
Meanwhile, PNC Bank Corp. was up 87.5 cents to $30.875; First Bank System was up 87.5 cents to $28.875; Mellon Bank Corp. was up $1.125 to $54.875; and First Interstate Bancorp was up 75 cents to $59.
Also, Shawmut National Corp. was up 62.5 cents to $22.875, and Northern Trust Corp. was up 50 cents to $40.75.
