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Why Susquehanna Is Upgrading Lazard
Monday, October 5, 2015 - 10:12am | 274Shares of Lazard Ltd. (NYSE: LAZ) have declined 18.26 percent over the past three months, reaching a low of $$2.08 on September 29. Susquehanna’s Doug Sipkin has upgraded the company from Neutral to Positive, lowering the price target from $58 to $53. Despite the volatility in the...
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Morgan Stanley's Earnings Preview: Estimates See 21% YoY Surge
Friday, July 17, 2015 - 3:12pm | 307Morgan Stanley (NYSE: MS) is scheduled to announce its second quarter financial results on Monday before the market opens. Although expectations point towards a sequential decline in earnings, both the Street and the crowd are anticipating a year-over-year surge of more than 21 percent (Estimize...
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Can Goldman Sachs Post A 'Reasonable Quarter?'
Wednesday, July 15, 2015 - 2:10pm | 282Goldman Sachs Group Inc (NYSE: GS) will announce its second quarter results on Thursday before the market opens. It is expected to deliver a single-digit decline in earnings. According to Estimize, the Street is modeling consensus earnings of $3.70 per share on revenue of $8.753 billion....
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WisdomTree Downgraded At Susquehanna On Valuation, 'Slower Currency Hedged Outlook'
Thursday, July 9, 2015 - 8:44am | 245In a report published Thursday, Susquehanna analyst Doug Sipkin downgraded the rating on WisdomTree Investments, Inc. (NASDAQ: WETF) from Positive to Neutral, while lowering the price target from $26 to $23. The analyst believes that currency hedged product flows are likely to moderate in the near...
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What To Expect From Goldman Sachs, Morgan Stanley Earnings
Wednesday, July 8, 2015 - 3:20pm | 389In a report issued Wednesday, Susquehanna analysts Doug Sipkin and Justin LaSalle-Tarantin preview Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc (NYSE: GS)’s second quarter earnings, which will be reported over the next couple of weeks. Goldman Sachs Regarding Goldman Sachs, the...
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Susquehanna Downgrades Legg Mason, Notes Concerns
Wednesday, June 10, 2015 - 8:54am | 226In a report published Wednesday, Susquehanna analyst Doug Sipkin downgraded the rating on Legg Mason Inc (NYSE: LM) from Neutral to Negative, while lowering the price target from $48 to $43, following weakness in performance trends and retail equity flow, as well as lesser tailwinds for the fixed...
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Susquehanna: Positive On Blackstone, Alternative Assets Becoming The 'New Active'
Tuesday, May 26, 2015 - 1:16pm | 1011On May 21, Susquehanna Research published a report initiating coverage on Blackstone Group LP (NYSE: BX), along with a thesis that alternative asset managers are fast becoming the new normal for investors seeking higher returns. Analyst Doug Sipkin's rationale is that, "It is getting harder for...
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UPDATE: Susquehanna Lowers PT on WisdomTree Investments Following 3Q13 Earnings Preview
Wednesday, October 9, 2013 - 9:30am | 161In a report published Wednesday, Susquehanna International Group analyst Doug Sipkin reiterated a Neutral rating on WisdomTree Investments (NASDAQ: WETF), but lowered the price target from $13.00 to $12.00. In the report, Susquehanna International Group noted, “We are leaving our 3Q13 estimate...
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UPDATE: Susquehanna Raises PT on T. Rowe Price Group Following 3Q13 Earnings Preview
Wednesday, October 9, 2013 - 9:30am | 178In a report published Wednesday, Susquehanna International Group analyst Doug Sipkin reiterated a Neutral rating on T. Rowe Price Group (NASDAQ: TROW), and raised the price target from $70.00 to $74.00. In the report, Susquehanna International Group noted, “We are raising our 3Q13 and full-year...
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UPDATE: Susquehanna Raises PT on Legg Mason Following 3Q13 Earnings Preview
Wednesday, October 9, 2013 - 9:28am | 189In a report published Wednesday, Susquehanna International Group analyst Doug Sipkin reiterated a Negative rating on Legg Mason (NYSE: LM), and raised the price target from $23.00 to $24.00. In the report, Susquehanna International Group noted, “We are raising our f2Q14 estimate to $0.6 Negative....
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UPDATE: Susquehanna Raises PT on Invesco Ltd. Following 3Q13 Earnings Preview
Wednesday, October 9, 2013 - 9:09am | 161In a report published Wednesday, Susquehanna International Group analyst Doug Sipkin reiterated a Neutral rating on Invesco Ltd. (NYSE: IVZ), and raised the price target from $33.00 to $34.00. In the report, Susquehanna International Group noted, “We are leaving our 3Q13 estimate unchanged at $0....
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UPDATE: Susquehanna Raises PT on BlackRock Following 3Q13 Earnings Preview
Wednesday, October 9, 2013 - 9:08am | 155In a report published Wednesday, Susquehanna International Group analyst Doug Sipkin reiterated a Neutral rating on BlackRock (NYSE: BLK), and raised the price target from $270.00 t0 $279.00. In the report, Susquehanna International Group noted, “We are raising our 3Q13 estimate to $3.85 from $3....
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Goldman (GS) is Golden
Friday, March 12, 2010 - 12:57pm | 126Despite being in the crosshairs of the federal government and facing populist outrage, Goldman Sachs (GS) shares continue to rise. Shares of Goldman Sachs are up over 1.5% crossing over $175 today as investors continue to bid the investment banking giant's shares higher. Goldman appears to have...