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Analysts Bullish Following TD Ameritrade's Impressive Q1 Earnings
Wednesday, January 23, 2019 - 1:49pm | 471The market had a muted reaction to TD Ameritrade Holding Corp. (NASDAQ: AMTD) earnings after the company reported better-than-expected EPS and 21 percent revenue growth in the most recent quarter. Expenses were down 2 percent, and adjusted operating margins were 54.6 percent on the quarter. Wall...
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Analysts Break Down The Best Discount Brokers Heading Into Q1 Earnings
Tuesday, April 10, 2018 - 1:38pm | 492Discount broker earnings season is just around the corner, and several Wall Street analysts have weighed in on their favorite stocks before the important numbers come out. Overall, analysts seem bullish on discount brokers, but it’s still a stock picker’s game. William Blair’s...
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Buy Goldman, Sell Morgan: A Wall Street Pair Trade
Tuesday, April 10, 2018 - 10:58am | 605Ahead of their earnings releases, Bernstein recommended pair trade in the institutional brokerage space on Tuesday: buying Goldman Sachs Group Inc (NYSE: GS) and selling Morgan Stanley (NYSE: MS). The Analyst Bernstein analyst Christian Bolu initiated coverage of Goldman with an Outperform...
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Credit Suisse Reinstates E*TRADE Financial With Outperform Rating
Wednesday, September 21, 2016 - 9:10am | 330Credit Suisse reinstated coverage of E*TRADE Financial Corp (NASDAQ: ETFC) with an Outperform rating following restriction on E*Trade shares due to Credit Suisse's role as an advisor to E*Trade on a recent acquisition. The brokerage, which raised the price target by $3 to $33, said shareholder...
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Headwinds For Stifel 'Underappreciated'; Credit Suisse Downgrades To Underperform
Monday, February 22, 2016 - 10:00am | 244Credit Suisse’s Christian Bolu downgraded the rating for Stifel Financial Corp (NYSE: SF) from Neutral to Underperform, while reducing the price target from $44 to $27. He mentioned that the current stock valuation does not fully reflect the revenue, expense and structural regulatory...
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Credit Suisse's Top 10 Financial Stocks: Schwab Out, Goldman In
Monday, December 7, 2015 - 2:42pm | 758The financial sector has lagged the overall market in 2015, and the Select Sector Financial Slct Str SPDR Fd (NYSE: XLF) has gained 0.2 percent versus the S&P 500’s 1.5 percent gain year-to-date. For the first time in two months, Credit Suisse analysts have updated their top financial...
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Credit Suisse: We're Not Changing Our Morgan Stanley Targets
Monday, April 20, 2015 - 5:07pm | 285Credit Suisse commented on Morgan Stanley (NYSE: MS) Monday following its Q1 earnings release. Analysts led by Christian Bolu felt the results were “solid” and “were particularly encouraged by continued signs of sales and trading market share gains and pay-off from recent...
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Credit Suisse Sees Some Positive Signs For Future Volumes For CBOE Holdings
Thursday, April 2, 2015 - 9:05am | 128In a report published Thursday, Credit Suisse analyst Christian Bolu reiterated an Underperform rating and $58.00 price target on CBOE Holdings, Inc. (NASDAQ: CBOE). In the report, Credit Suisse noted, "Earlier this evening, Chicago Board Options Exchange released March monthly business metrics....
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Credit Suisse Reiterates Underperform, Lowers Price Target On CBOE Holdings As Volume Trends Remain Challenged
Tuesday, March 3, 2015 - 11:03am | 112In a report published Tuesday, Credit Suisse analyst Christian Bolu reiterated an Underperform rating on CBOE Holdings, Inc. (NASDAQ: CBOE), but lowered the price target from $63.00 to $58.00. In the report, Credit Suisse noted, "Earlier this evening, Chicago Board Options Exchange reported...
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Credit Suisse Calls Stifel's Sterne Deal 'Sound'
Tuesday, February 24, 2015 - 12:53pm | 222Stifel Financial Corp's (NYSE: SF) plan to acquire the privately held brokerage Sterne Agee for $150 million is strategically sound and financially attractive, an analyst said Tuesday. Stifel, which unveiled the plan Monday, changed hands recently at $54.73, up 5 percent. Credit Suisse...
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Credit Suisse Reiterates Neutral Rating, Raises Price Target On CME Group Following Financials Conference
Wednesday, February 18, 2015 - 11:31am | 123In a report published Wednesday, Credit Suisse analyst Christian Bolu reiterated a Neutral rating on CME Group Inc (NASDAQ: CME), and raised the price target from $90.00 to $95.00. In the report, Credit Suisse noted, "Marking to market our estimates for quarter-to-date volume trends, we raise our...
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UPDATE: Credit Suisse Upgrades E*TRADE Financial On Turning Point In Unlocking Value
Friday, January 23, 2015 - 10:18am | 106In a report published Friday, Credit Suisse analyst Christian Bolu upgraded the rating on E*TRADE Financial Corp (NASDAQ: ETFC) from Neutral to Outperform, and raised the price target from $24.00 to $28.00. In the report, Credit Suisse noted, “We are upgrading ETFC shares to Outperform. Following...
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Morgan Stanley Earnings Preview
Monday, January 12, 2015 - 3:09pm | 296Morgan Stanley (NYSE: MS) is scheduled to report Q4 earnings on Tuesday, January 20, before the market opens. At Keefe, Bruyette & Woods, analyst Brian Kleinhanzl lowered the firm's 4Q14 EPS estimate from $0.47 to $0.45 "based on the expected impact from trading activity in the...
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Credit Suisse Raises Price Targets On Goldman Sachs, Morgan Stanley
Monday, January 5, 2015 - 10:42am | 258Credit Suisse issued its Q4 outlook on U.S. brokers Monday and expected “solid results” for the industry “despite what seems to have been a turbulent quarter (Oct 15th volatility, HY & Energy price declines, Russia).” Analyst Christian Bolu noted that “...
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Credit Suisse Raises Price Targets On Goldman Sachs, Morgan Stanley
Friday, October 3, 2014 - 11:02am | 231In a note released Friday morning, Credit Suisse analyst Christian Bolu raised his estimates and price targets for both Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS). Goldman Sachs: Outperform In the run-up to the end of the third quarter, Bolu has raised his price target for Goldman...