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Interactive Brokers Has An 'Insulated And Attractive Growth Profile,' Says Bullish Analyst
Tuesday, October 3, 2023 - 12:11pm | 278Online trading platform Interactive Brokers Group, Inc. (NASDAQ: IBKR) recently launched educational resources for all traders independent of their trading activity. The company’s business model will support growth despite softening retail volumes in the industry, according to UBS. The...
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Morgan Stanley's 'Surprisingly Solid' Quarterly Results Garner Praise From Analysts
Wednesday, July 19, 2023 - 11:34am | 354Shares of Morgan Stanley (NYSE: MS) rose in early trading on Wednesday, after some of the biggest banks reported upbeat quarterly results. Investors look forward to an exciting earnings season ahead. Here are some key analyst takeaways from Morgan Stanley’s earnings release. UBS On Morgan...
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4 Goldman Sachs Analysts Offer Takes On 'Noisy' Quarter: Find Out What The Highs, Lows Points Are
Wednesday, April 19, 2023 - 11:56am | 550Goldman Sachs Group Inc (NYSE: GS) reported mixed results for the first quarter, amid a solid start to the earnings season by banking majors. RBC Capital Markets On Goldman Sachs Analyst Gerard Cassidy maintained a Sector Perform rating while raising the price target from $339 to $375. “...
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UBS Upgrades Charles Schwab: 'A De-Risked, Quality Name'
Tuesday, June 21, 2022 - 12:46pm | 384Charles Schwab Corporation (NYSE: SCHW) shares got a boost on Tuesday after the company landed a high-profile analyst upgrade on Wall Street. The Charles Schwab Analyst: UBS analyst Brennan Hawken upgraded Charles Schwab from Neutral to Buy and raised his price target from $68 to $75. Related Link...
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UBS Upgrades E-Trade, Downgrades TD Ameritrade After Commission-Free Shake-Up
Monday, October 7, 2019 - 12:20pm | 484Discount broker stocks were pounded last week after most of the biggest names cut stock and ETF online trading fees to $0. The commission cuts will create near-term growth headwinds for the group, but one analyst said Monday the sell-off is a buying opportunity in one top broker stock. The Analyst...
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'Zero Commissions Now A Reality': Wall Street Reacts To Broker Commission Cuts
Wednesday, October 2, 2019 - 10:21am | 738A week after Interactive Brokers Group, Inc. (NASDAQ: IBKR) introduced a platform that eliminated trading fees, both Charles Schwab Corporation (NYSE: SCHW) and TD Ameritrade Holding Corp. (NASDAQ: AMTD) have followed suit and cut fees on all stock and ETF trades to $0. Online broker stocks have...
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A Brokerage Trade: UBS Upgrades TD Ameritrade, Downgrades Charles Schwab
Monday, November 19, 2018 - 11:24am | 498Online brokers are getting some attention from Wall Street Monday after one Wall Street analyst adjusted his rating for three popular stocks. The Analyst UBS analyst Brennan Hawken upgraded TD Ameritrade Holding Corp. (NASDAQ: AMTD) from Neutral to Buy and raised his price target from $58 to $60....
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The Evercore Story Is Bigger Than Qualcomm, Says Bullish UBS Analyst
Tuesday, January 9, 2018 - 12:10pm | 418Despite Evercore Inc (NYSE: EVR)'s heavy reliance on QUALCOMM, Inc. (NASDAQ: QCOM), a UBS analyst said the company can continue to grow and diversify. The Analyst UBS analyst Brennan Hawken upgraded Evercore from Neutral to Buy and increased the price target from $82 to $105. The...
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Earnings Quality At Goldman Sachs Questionable, UBS Downgrades
Monday, July 24, 2017 - 12:24pm | 436Shares of Goldman Sachs Group Inc (NYSE: GS) have lost nearly 10 percent since the start of 2017, and after the company's earnings report, analysts at UBS think there are "better opportunities" elsewhere. UBS's Brennan Hawken downgrades Goldman Sachs' stock rating from Buy to Neutral with a price...
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T. Rowe Price May Have A Hard Time Running In Place, Let Alone Achieving Growth
Wednesday, May 24, 2017 - 2:24pm | 383The U.S. Department of Labor's new fiduciary rule partially kicks in on June 9 (fully implemented on January 1, 2018) and will impact financial professionals who advise retirement investors. According to a Forbes report, the "DOL" rule dictates that advisers must give advice that is...
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Hard To Put A Shiny Spin On Goldman's Dull Q1 Results
Tuesday, April 18, 2017 - 11:57am | 446Shares of Goldman Sachs Group Inc (NYSE: GS) fell more than 4 percent on Tuesday in reaction to the bank's first-quarter earnings report, which consisted of both and earnings and revenue miss. Ahead of the earnings report notable bank analyst Mike Mayo named Goldman Sachs his top pick in the space...
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Amid Broker Pricing Wars, E*Trade's Stock Initiated With A Buy
Monday, March 13, 2017 - 1:06pm | 397Brennan Hawken of UBS initiated coverage of E*TRADE Financial Corp (NASDAQ: ETFC) on Monday with a Buy rating and $43 price target as the company has various paths towards value creation. E*Trade's acquisition of OptionsHouse should be viewed as "key" to the company's turnaround...
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Here's Why One Analyst Prefers Charles Schwab
Monday, March 13, 2017 - 1:00pm | 586The ongoing price war among online brokers could continue for some time as firms are looking to win over clients by offering superior services at better prices. While this is certainly welcome news for customers, the same can't necessarily be said for investors. Brennan Hawken of UBS assumed...
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WisdomTree Provides Little Fruit For Investors; UBS Says Sell
Wednesday, November 2, 2016 - 3:45pm | 276UBS thinks WisdomTree Investments, Inc. (NASDAQ: WETF) has nothing to offer except ETFs, although it is not a proxy to the wider ETF market. Therefore, the firm initiated the stock at a Sell and attached a price objective of $7.00, implying downside risks of more than 15 percent from the current...
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In Light Of Fraud Settlement, UBS Says Wells Fargo Estimates May Be Too High
Thursday, September 15, 2016 - 4:39pm | 323The $185 million settlement that Wells Fargo & Co (NYSE: WFC) recently paid related to fraud charges was just a drop in the barrel of the company’s $22.9 billion in annual income. However, according to UBS analyst Brennan Hawken, the scandal has done a lot more damage to Wells Fargo than...