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Citizens Financial Downgraded On Valuation At KBW
Friday, June 5, 2015 - 7:25am | 215In a report published Friday, Keefe, Bruyette & Woods analyst Brian Klock downgraded the rating on Citizens Financial Group, Inc. (NYSE: CFG) from Outperform to Market Perform, with maintaining the $28 price target. There is less than 1 percent upside to the stock. The stock has significantly...
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Keefe, Bruyette & Woods Turns Sour On Canadian Banks, Downgrades Sector To Underweight
Friday, February 20, 2015 - 1:16pm | 324In a report published Thursday, Keefe, Bruyette & Woods analyst Brian Klock moved his long-term recommendation for the Canadian banking sector to Underweight from Market Weight. "We believe the outlook for muted Canadian economic growth in the first half of 2015 (which is through fiscal 3Q15...
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Keefe, Bruyette & Woods Lowers Price Target On Comerica As Energy Loans Perform Well In 4Q
Tuesday, January 20, 2015 - 8:39am | 110In a report published Tuesday, Keefe, Bruyette & Woods analyst Brian Klock reiterated a Market Perform rating on Comerica Incorporated (NYSE: CMA), but lowered the price target from $50.00 to $47.00. In the report, Keefe, Bruyette & Woods noted, “We have lowered our '15 EPS estimate by 5c...
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Numerous Firms Initiate Coverage On Citizens Financial Group Following Quiet Period Expiration
Monday, November 3, 2014 - 1:25pm | 291On Monday, analysts at numerous firms initiated coverage on shares of Citizens Financial Group Inc (NYSE: CFG) following the expiration of the analyst quiet period. Oppenheimer Equity Research: Outperform rating with $29 price target. Ben Chittenden stated, “Our thesis for owning CFG...
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UPDATE: Keefe, Bruyette & Woods Upgrades Western Alliance Bancorporation On Operating Leverage
Monday, October 20, 2014 - 9:16am | 146In a report published Monday, Keefe, Bruyette & Woods analyst Brian Klock upgraded the rating on Western Alliance Bancorporation (NYSE: WAL) from Market Perform to Outperform, and raised the price target from $27.00 to $28.00. In the report, Keefe, Bruyette & Woods noted, “We are raising...
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UPDATE: Keefe, Bruyette & Woods Upgrades M&T Bank To Reflect 2Q14 Beat
Monday, July 21, 2014 - 8:20am | 145In a report published Monday, Keefe, Bruyette & Woods analyst Brian Klock upgraded the rating on M&T Bank (NYSE: MTB) from Market Perform to Outperform, and raised the price target from $125.00 to $141.00. In the report, Keefe, Bruyette & Woods noted, “We raised 2014 KBWe by 6c, to $7....
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UPDATE: Keefe, Bruyette & Woods Upgrades Zions Bancorporation on Core Operating Catalysts
Tuesday, February 18, 2014 - 9:04am | 127In a report published Tuesday, Keefe, Bruyette & Woods analyst Brian Klock upgraded the rating on Zions Bancorporation (NASDAQ: ZION) from Market Perform to Outperform, and raised the price target from $32.00 to $36.00. In the report, Keefe, Bruyette & Woods noted, “In our opinion, there...
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Keefe, Bruyette & Woods Raises Estimates And Price Target For Comerica Incorporated (CMA)
Thursday, April 22, 2010 - 8:04am | 137Analysts Brian Klock and Arran Jacobson at Keefe, Bruyette & Woods have released an update on Comerica Incorporated (NYSE: CMA). The company reported its first-quarter results on Wednesday. Comerica reported strong first-quarter results, which were ahead of analysts’ estimate. The upside was...