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American Express' Q1 Wins Keep Analysts Steady In Their Views
Monday, April 22, 2024 - 11:17am | 482American Express Company (NYSE:AXP) reported its first-quarter results, with 6% year-on-year card member spending growth. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. BMO Capital Markets On American Express Analyst James Fotheringham...
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Goldman Sachs Boasts 'Near-Perfect' Q1 Results, 5 Analysts Zero In On 'Core Strengths'
Tuesday, April 16, 2024 - 12:09pm | 551Goldman Sachs Group Inc (NYSE: GS) and other financial stocks have been in focus as some of the sector’s biggest banks report first-quarter results. Here are some key analyst takeaways from Goldman Sachs’ release. Argus Research analyst Stephen Biggar upgraded the rating to Buy, while...
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Charles Schwab Positions For 'More Robust EPS Growth': Analysts Weigh In On Q1 Results
Tuesday, April 16, 2024 - 12:02pm | 669Charles Schwab Corporation (NYSE: SCHW) shares remained volatile in early trading on Tuesday, after the company reported its first-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Charles Schwab Analyst Kenneth Worthington...
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SoFi Technologies Analyst No Longer Bearish After Stock Loses 24% Year To Date (CORRECTED)
Monday, April 8, 2024 - 10:28am | 328Editor's note: The headline of this story has been corrected to accurately reflect Keefe, Bruyette & Wood's ratings change on SoFi from Underperform to Market Perform. Shares of SoFi Technologies Inc (NASDAQ: SOFI) were climbing in early trading on Friday, amid optimism around its...
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Coinbase Global Shares Jump On Q1 Beat, 4 Analysts Give Their Takeaways
Friday, May 5, 2023 - 11:30am | 508Shares of Coinbase Global Inc (NASDAQ: COIN) spiked in early trading on Thursday, after the company reported upbeat first-quarter results. Here are some key analyst takeaways from the earnings release. JMP Securities analyst Devin Ryan reiterated a Market Perform rating and price target of $90....
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First Republic Bank Stock Crashes, Analysts Give Key Insights Into Q1 Print
Tuesday, April 25, 2023 - 12:11pm | 423Shares of First Republic Bank (NYSE: FRC) Tuesday crashed after the company reported a decline in deposits and announced layoff plans. Here are some key analyst takeaways from First Republic Bank’s quarterly results. Raymond James analyst David Long maintained a Market Perform rating on the...
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3 Bank of America Analysts Key Takeaways From Q1 Print: 'Strong Increase In Its NIM'
Wednesday, April 19, 2023 - 12:24pm | 445Bank of America Corp (NYSE: BAC) reported upbeat results for the first quarter, a solid start to the earnings season by banking majors. RBC Capital Markets On Bank of America Analyst Gerard Cassidy maintained an Outperform rating while raising the price target from $34 to $35. Bank of America...
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Why 3 State Street Analysts Believe Q1 Print Is Not As Bad As It Looks — At First Glance
Tuesday, April 18, 2023 - 1:26pm | 445Shares of State Street Corp (NYSE: STT) crashed on Monday after the company reported lower-than-expected revenues and earnings for its first quarter. Keefe, Bruyette & Woods On State Street Analyst Michael Brown maintained an Outperform rating, while reducing the price target from $84 to...
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Charles Schwab Q1 Earnings Surpass Expectations, Prompting Analysts To Maintain Positive Outlook
Tuesday, April 18, 2023 - 12:33pm | 614Shares of Charles Schwab Corporation (NYSE: SCHW) were rising on Tuesday, after the company reported better-than-expected revenues and earnings for its first quarter. Keefe, Bruyette & Woods On Charles Schwab Analyst Kyle Voigt maintained an Outperform rating and price target of $65....
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4 JPMorgan Chase Analysts On Q1 Print: NII And Deposits In Focus After Banking Crisis
Monday, April 17, 2023 - 11:15am | 555Shares of JPMorgan Chase & Co (NYSE: JPM) Friday climbed on first-quarter revenue and earnings beat. Keefe, Bruyette & Woods On JPMorgan Chase Analyst David Konrad maintained a Market Perform rating, while raising the price target from $131 to $155. JPMorgan Chase’s “standout...
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4 Fidelity National Information Services Analysts On Q4 Earnings: 'Spinoff And Guidance Are All That Matters'
Tuesday, February 14, 2023 - 1:30pm | 510Shares of Fidelity National Information Services Inc (NYSE: FIS) rose in early trading on Tuesday, after the company reported its quarterly results and the spinoff of its merchant business. Keefe, Bruyette & Woods on Fidelity National Information Services Analyst Vasundhara Govil maintained a...
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4 SoFi Technologies Analysts On Q3 Earnings In 'Challenging Interest Rate Environment'
Wednesday, November 2, 2022 - 11:51am | 566SoFi Technologies Inc (NASDAQ: SOFI) Tuesday reported higher-than-expected third-quarter earnings. Here's the latest from the Street on the lending stock. Keefe, Bruyette & Woods On SoFi Technologies Analyst Michael Perito reaffirmed a Market Perform rating with a price target of $6....
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With Hurricane Ian About To Slam Florida, Which Insurance, Bank Stocks Are Most Exposed?
Wednesday, September 28, 2022 - 1:09pm | 591Hurricane Ian is just off the Gulf Coast of Florida and approaching landfall near Cape Coral as a Category 4 storm with maximum sustained winds of 155 miles per hour. On Wednesday, several Wall Street analysts said it's still too soon to project the potential impact Ian will have on insurance...
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Manning & Napier's Dividend Could Be At Risk As Q3 Results Come In Below Expectations
Thursday, October 27, 2016 - 9:47am | 324Manning and Napier Inc (NYSE: MN) reported disappointing Q3 results. “Continued pressure on revenues and elevated compensation costs are likely to keep pressure on margins,” Keefe, Bruyette & Woods’ Robert Lee said in a report. He downgraded the rating on the company from...
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Long-Term Unknowns Still Remain For Wells Fargo
Thursday, October 13, 2016 - 8:29am | 301Wells Fargo & Co (NYSE: WFC) announced the departure of Chairman and CEO John Stumpf with immediate effective. Current president and COO Tim Sloan is to take over as CEO and Stephen Sanger would take over as the board's non-executive chairman. “Sloan will now inherit the...