Donald Fandetti

Shares of Javelin Mortgage (NYSE: JMI) are down over two percent following a Citigroup downgrade. Citi cut the stock from Neutral to Sell and lowered the price target to $11 (20.6 percent downside). Citigroup’s biggest concern is that short-term rates could be higher as soon as 2015....

In a report published Thursday, Citigroup analyst Donald Fandetti reiterated a Neutral rating on JAVELIN Mortgage Investment (NYSE: JMI), but lowered the price target from $16.00 to $13.00. In the report, Citigroup noted, “We are updating our model and introducing forward estimates for 2016. In...

In a report published Friday, Citigroup analyst Donald Fandetti reiterated a Neutral rating on Ellington Residential Mortgage REIT (NYSE: EARN), but lowered the price target from $20.00 to $17.00. In the report, Citigroup noted, “We are updating our model and adjusting our price target to reflect...

In a report published Monday, Citi analyst Donald Fandetti upgraded Visa, Inc. (NYSE: V) to Buy, raising its price target from $212.00 to $265.00. According to the report, while expectations are more muted this year, analysts maintain their constructive view held since '09 on the card sector. “...

In a report published Monday, Citigroup analyst Donald Fandetti reiterated a Buy rating on Ares Commercial Real Estate Corp. (NYSE: ACRE), but lowered the price target from $20.00 to $15.00. In the report, Citigroup noted, “ACRE reported GAAP EPS of $0.27. The qtr included core income of $0.16,...

In a report published Wednesday, Citigroup analyst Donald Fandetti reiterated a Neutral rating on The NASDAQ OMX Group (NASDAQ: NDAQ), and raised the price target from $34.00 to $40.00. In the report, Citigroup noted, “We are updating our model for Q3'13 results. NDAQ reported Q3'13 diluted EPS of...

In a report published Wednesday, Citigroup analyst Donald Fandetti reiterated a Neutral rating on CapitalSource (NYSE: CSE), and raised the price target from $12.00 to $14.00. In the report, Citigroup noted, “We are updating our model to reflect Q3'13 results. CSE reported Q3'13 EPS of $0.24,...

In a report published Tuesday, Citigroup analyst Donald Fandetti reiterated a Neutral rating on Annaly Capital Management (NYSE: NLY), but lowered the price target from $12.00 to $10.00. In the report, Citigroup noted, “NLY reported core EPS of $0.28, below our and cons estimates of $0.34. Core...

In a report published Wednesday, Citigroup analyst Donald Fandetti reiterated a Neutral rating on American Capital Agency (NASDAQ: AGNC), and raised the price target from $20.00 to $22.00. In the report, Citigroup noted, “Including a $0.14 benefit due to catch-up premium amortization and $0.49...

In a report published on Wednesday, Citi analyst Donald Fandetti downgraded CapitalSource (NYSE: CSE) from Buy to Neutral and raised the [roce target from $9 to $12. In the report, Citi noted, "We are downgrading shares of CSE to Neutral (2) from Buy (1). We are raising our target price to $12...

In a report published Monday, Citigroup analyst Donald Fandetti reiterated a Neutral rating on The NASDAQ OMX Group (NASDAQ: NDAQ), and raised the price target from $30.00 to $34.00. In the report, Citigroup noted, “We are lowering our Q2 est to $0.62 (from $0.66) ahead of earnings. Our updated...

In a report published Monday, Citigroup analyst Donald Fandetti reiterated a Buy rating on Home Loan Servicing Solutions (NASDAQ: HLSS), and raised the price target from $24.00 to $27.00. In the report, Citigroup noted, “HLSS reported Q2 EPS of $0.48, beating our and cons estimates of $0.46....

Analyst Donald Fandetti at Citigroup has initiated coverage of THL Credit, Inc. (NASDAQ: TCRD) with Hold rating. The price target for THL Credit, Inc. stock has been set at $13. According to Citigroup, although the company is similar to a lot of its BDC peers, there are some key differentiators....

Analyst Donald Fandetti of Citi has said that credit card metrics for December seem good as delinquencies were low and net charge offs (NCOs) were also consequently lower. Also, the upcoming tax season in April and May provides optimism for credit and stocks. The sector is set for a peak in its...