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Buy American? American Express Recovery Is Not Without Its Risks
Thursday, July 20, 2017 - 9:21am | 514Read More...Despite posting better-than-expected second-quarter earnings results, American Express Company (NYSE: AXP) shares fell during Wednesday’s after-hours trading session. This led Barclays analyst Mark DeVries to realize while the stock might be recovering nicely, there are still risks. “...
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Free Credit Report: Deutsche Bank Likes Capital One, Downgrades Discover
Monday, May 1, 2017 - 9:57am | 608Read More...Analysts at Deutsche Bank expressed concerns over the U.S. consumer credit market, but that doesn't necessarily mean there aren't opportunities for investors looking for exposure to credit card providers. Deutsche Bank's David Ho commented in a research report Monday that consumers are still in a "...
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Deutsche Bank's Top 2 Consumer Finance Picks For 2017
Friday, January 6, 2017 - 4:12pm | 323Read More...The headwinds in the consumer finance industry may finally be subsiding in 2017, and Deutsche Bank analyst David Ho is bullish on a handful of top stocks picks. In a new research note, Ho spelled out five themes Deutsche Bank will be watching in the space in 2016: Donald Trump’s push for...
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Why OneMain Holdings May Benefit Disproportionately From A Trump Administration
Wednesday, December 14, 2016 - 12:51pm | 295Read More...Since the 40-percent share price dive following disappointing Q3 earnings and cut guidance reported last month, OneMain Holdings Inc (NYSE: OMF) has recovered slightly, still trading at a 20-percent premium compared with their pre-earnings share price. According to Deutsche Bank Capital Markets...
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AmEx Downgraded At Deutsche Bank: What You Should Know
Friday, April 22, 2016 - 10:36am | 302Read More...American Express Company (NYSE: AXP) reported positive 1Q16 results, with improvements in key metrics. Deutsche Bank’s David Ho downgraded the rating for the company from Buy to Hold, while maintaining the price target at $66. The analyst commented that rising expectations, following the...
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Deutsche Bank Slashes AmEx Target By Nearly 30%, Maintains Buy
Wednesday, February 10, 2016 - 9:21am | 335Read More...American Express Company (NYSE: AXP) shares have plummeted 24 percent since January 4, and are currently trading close to their 52-week low of $51.91. Deutsche Bank’s David Ho maintained a Buy rating for the company, while reducing the price target to from $90 to $66. The recent...
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Consumer Finance Outlook: Deutsche Bank Upgrades Discover, Downgrades Capital One, Synchrony Top Pick
Thursday, January 7, 2016 - 2:22pm | 529Read More...On Thursday, David Ho at Deutsche Bank gave his Consumer Finance Outlook highlighting Discover Financial Services (NYSE: DFS), Capital One Financial Corp. (NYSE: COF) and Synchrony Financial (NYSE: SYF). Deutsche Bank upgraded Discover to Buy with a $64 price target, downgraded Capital One to Hold...
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Why Deutsche Bank Likes Credit Card Stocks Before Earnings
Wednesday, July 8, 2015 - 3:32pm | 421Read More...In a report issued Tuesday, Deutsche Bank analyst David Ho provides a preview of second quarter earnings for U.S. consumer finance stocks. Here's a look into the firm’s expectations for its top picks in the space: American Express Company (NYSE: AXP) and Synchrony Financial (NYSE: SYF...
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4 Reasons Why Deutsche Bank Upgraded American Express
Thursday, February 26, 2015 - 1:26pm | 252Read More...In a report published Wednesday, Deutsche Bank analyst David Ho listed four reasons why he upgraded shares of American Express Company (NYSE: AXP) to Buy from Hold with a price target raised to $90 from a previous $80. "Growth expectations for American Express have been reset lower after...
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Deutsche Bank Likes Capital One Over American Express, Discover Financial
Thursday, November 13, 2014 - 11:07am | 393Read More...Deutsche Bank initiated coverage Wednesday with a Hold rating on American Express Company (NYSE: AXP) and a Buy rating on Capital One Financial Corp. (NYSE: COF). The firm downgraded Discover Financial Services (NYSE: DFS) to Hold. Analyst David Ho set a $99 price target on Hold-rated...
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UPDATE: Deutsche Bank Upgrades Ally Financial On Compelling ROE Expansion Story
Thursday, October 30, 2014 - 9:03am | 109Read More...In a report published Thursday, Deutsche Bank analyst David Ho upgraded the rating on Ally Financial Inc (NYSE: ALLY) from Hold to Buy, and reiterated the $26.00 price target. In the report, Deutsche Bank noted, “ALLY is now one of the few compelling ROE expansion stories remaining among financials...
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UPDATE: Deutsche Bank Initiates Coverage On Ally Financial On Interesting ROE Recovery Story
Tuesday, May 20, 2014 - 8:15am | 133Read More...In a report published Tuesday, Deutsche Bank analyst David Ho initiated coverage on Ally Financial (NYSE: ALLY) with a Hold rating and $26.00 price target. In the report, Deutsche Bank noted, “Ally Financial represents an interesting ROE recovery story within the consumer lending space. While...
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UPDATE: Deutsche Bank Initiates Coverage on Discover Financial Services on Compelling Growth Story
Monday, October 14, 2013 - 11:30am | 120Read More...In a report published Monday, Deutsche Bank analyst David Ho initiated coverage on Discover Financial Services (NYSE: DFS) with a Buy rating and $62.00 price target. In the report, Deutsche Bank noted, “Discover is a compelling growth story within financials over the next consumer leveraging cycle...
