Henry Coffey Jr

Wedbush has raised the price targets of specialty finance firms to reflect an increase in valuation multiples accompanying the rally in financials since November 9, impact of higher rates and changes in currency. Commenting on the sector, analyst Henry Coffey Jr. believes a Republican Congress/...

CIT Group Inc. (NYSE: CIT)’s stock is up more than 26 percent from its February lows, but the company’s recent Strategic Update failed to wow Wall Street. The company’s long path to potential meaningful growth appears to be much longer than many investors had hoped. “...