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Why This Coinbase Analyst Is Dropping His Bullish Stance
Thursday, February 16, 2023 - 4:35pm | 283Read More...Coinbase Global Inc. (NASDAQ:COIN) shares have gone through the roof following a crypto rally that put Bitcoin (CRYPTO: BTC) back over the $24,000 mark. Yet Davidson analysts don't like the volatility and see much risk in the ongoing SEC crackdowns haunting the crypto sector. The Coinbase Analyst:...
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Why Some Are Expecting Another Guidance Cut From VeriFone
Sunday, December 4, 2016 - 5:54pm | 303Read More...Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) announced on Thursday that they would delay the liability shift for EMV migration at fuel pumps from October 2017 to October 2020. Following this news, Stifel analysts Christopher C. Brendler, John Davis and Joab Dempsey decided to downgrade their...
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Stifel Downgrades Alliance Data Systems, Cites Market Sensitivity To Credit Risk
Monday, July 18, 2016 - 10:30am | 382Read More...Stifel has downgraded Alliance Data Systems Corporation (NYSE: ADS) to Hold from Buy saying that the company's "recent credit trends suggest fundamental deterioration is likely." The brokerage said the company may miss its 2016 loss outlook of 5.5 percent (Stifel: 5.16 percent) and even more...
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Stifel Has 'Many Questions' About American Express
Tuesday, March 8, 2016 - 11:39am | 401Read More...American Express Company (NYSE: AXP) is expected to conduct an investor day on March 10 and Stifel shared its thoughts on the upcoming event saying that many questions were ahead of the investor day, but answers remain unclear. Analyst Christopher Brendler, who rates American Express as a Hold...
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On Deck Capital Skyrockets Nearly 40% Following Mega-Bank Partnership Confirmation: Small-Business Lending To Benefit
Wednesday, December 2, 2015 - 11:40am | 507Read More...Shares of On Deck Capital Inc (NYSE: ONDK) surged higher by nearly 40 percent early Wednesday morning. On Deck discussed a new partnership with mega-bank JPMorgan Chase & Co. (NYSE: JPM) that covers small-dollar loans to small businesses. Christopher Brendler of Stifel commented in a note that...
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Stifel Boosts Juniper Networks to Buy On New Product Growth
Monday, October 5, 2015 - 12:25pm | 302Read More...Juniper Networks, Inc. (NYSE: JNPR) has seen a 24 percent in its share price in the last six months, reaching a high of $28.42 on July 31. Stifel’s Christopher Brendler has upgraded the company to Buy, with a price target of $32. Juniper Networks’ routers have been showing...
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Stifel Upgrades VeriFone, Sees 'Impressive EMV Success Lost In Translation'
Tuesday, April 7, 2015 - 9:11am | 230Read More...In a report published Tuesday, Stifel analyst Christopher Brendler upgraded shares of VeriFone Systems Inc (NYSE: PAY) to Buy from hold with an unchanged $42 price target as the company has seen "remarkable" recent success with EMV terminal upgrades that has yet to be fully appreciated by the...
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UPDATE: Stifel Initiates Coverage On On Deck Capital On Attractive Growth Opportunity
Monday, January 12, 2015 - 8:45am | 159Read More...In a report published Monday, Stifel analyst Christopher Brendler initiated coverage on On Deck Capital (NYSE: ONDK) with a Buy rating and $28.00 price target. In the report, Stifel noted, "We believe On Deck represents an attractive growth opportunity as its revolutionary online lending platform...
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UPDATE: Stifel Initiates Coverage On Xoom On Positive Outlook
Tuesday, January 6, 2015 - 10:01am | 120Read More...In a report published Tuesday, Stifel analyst Christopher Brendler initiated coverage on Xoom Corp (NASDAQ: XOOM) with a Buy rating and $25.00 price target. In the report, Stifel noted, “In our view, Xoom is a fast growing, tech-enabled disruptor trading at a discount to internet peers with similar...
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UPDATE: Stifel Initiates Coverage On Western Union On Struggle To Find Bull Case
Tuesday, January 6, 2015 - 9:51am | 123Read More...In a report published Tuesday, Stifel analyst Christopher Brendler initiated coverage on The Western Union Company (NYSE: WU) with a Hold rating. In the report, Stifel noted, “In our view, WU has unparalleled competitive advantages in the global remittance market with a truly global presence,...
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Stifel Downgrades Evertec
Monday, November 24, 2014 - 5:05pm | 268Read More...Stifel downgraded Evertec Inc (NYSE: EVTC) Monday from Buy to Hold after a surprise CEO change. Analyst Christopher Brendler commented that “Friday's announcement of a new CEO raises our concerns about EVTC. Although new leadership may help long-term, we don't like the signaling...
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UPDATE: Stifel Initiates Coverage On VeriFone Systems Inc
Friday, September 26, 2014 - 1:34pm | 151Read More...Analysts at Stifel initiated coverage on shares of Verifone Systems Inc (NYSE: PAY) with a Hold rating and $36 price target. Within the report, Christopher Brendler noted, “As a leading provider of secure payment solutions for merchants around the globe, VeriFone appears to have the wind...
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UPDATE: Stifel Initiates Coverage On Global Cash Access Holdings On Mixed Outlook
Tuesday, May 13, 2014 - 8:43am | 122Read More...In a report published Tuesday, Stifel analyst Christopher Brendler initiated coverage on Global Cash Access (NYSE: GCA) with a Hold rating. In the report, Stifel noted, “Although GCA is the clear industry leader in cash access solutions for the gaming industry, we see a mixed outlook. On one hand...
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Now Not the Time to Spin off eBay's PayPal, Stifel Says
Monday, March 17, 2014 - 4:26pm | 147Read More...Unlike Carl Icahn, Stifel believes “now is not the time to spin” PayPal from eBay (NASDAQ: EBAY). Analyst Christopher Brendler feels that despite PayPal's early lead in both online and offline wallets, “competition is set to heat up dramatically and still believes PayPal is vulnerable to new...
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UPDATE: Stifel Initiates Coverage Evertec on Potential Upside in Puerto Rico Economy
Tuesday, December 24, 2013 - 9:24am | 254Read More...In a report published Tuesday, Stifel Nicolaus analyst Christopher Brendler initiated coverage of Evertec, Inc. (NYSE: EVTC) with a Buy rating and a $27.00 price target, based on 14x its 2015 EPS estimate. According to the report, Evertec is a compelling international growth story with a strong...
