KBW

SoFi Technologies (NASDAQ:SOFI) has faced recent downgrades from analysts citing concerns over the company’s high valuation. However, technical analysis, particularly moving averages, suggests potential support for the stock. What Happened: SoFi was downgraded to ‘underperform’...

In the ever-evolving world of blockchain, few events have managed to capture the industry's attention like the Korea Blockchain Week (KBW). Since its inception in 2018, KBW has grown exponentially, positioning itself as a global hub for blockchain innovation, collaboration, and thought...

Hindenburg Research issued a short report that sent shares of Block Inc (NYSE: SQ) down on Thursday. Analysts are sharing their reactions and takes on the allegations from the short seller. The Block Analysts: Bernstein analyst Harshita Rawat has an Outperform rating and a price target of $90....

Citigroup Inc (NYSE: C) reported fourth-quarter results Tuesday that beat top- and bottom-line expectations, but the results led at least one Wall Street analyst to turn neutral on the bank stock.  The Analyst Keefe, Bruyette & Woods' Brian Kleinhanzl downgraded Citi's...

Ann Dai of KBW upgraded Piper Jaffray Companies (NYSE: PJC) from Market Perform to Outperform and she increased its price target from $64 to $78. The update follows the company's better-than-expected earnings results Thursday. She explained that the risk/reward for the stock is more favorable due...

Despite posting strong second-quarter earnings, shares of Goldman Sachs Group Inc (NYSE: GS) took a plunge, closing down almost 6 percent on Tuesday. The reason was poor trading results, which were down 40 percent for the quarter. In response to the report, Keefe Bruyette & Woods analyst Brian...

This week will feature a few notable sell-side conferences that investors should keep in mind as companies who attend may reveal notable information, updates, contract announcements and more. Some of the prior events already held this year include the 2017 ICR Conference, Needham's 2017 Growth...

Keefe, Bruyette & Woods has downgraded Pinnacle Financial Partners (NASDAQ: PNFP) to Market Perform from Outperform on valuation, despite being positive on the bank’s fundamentals after a strong third quarter. “While it is hard to downgrade the shares of what we believe is one of...

Visa Inc (NYSE: V) is expected to raise some of its fees in 2017. According to Vantagecard.com, Visa is set to increase its "misuse of authorization" and "zero limit" fees starting January 1, 2017. As a result of the fee increase, some merchants are expected to see relative rate increases. The...

KBW maintains its Market Perform rating on American Express Company (NYSE: AXP) after management, in meetings with the brokerage, displayed increased conviction that its strategy remains an optimal position. "Overall, thematically the focus was on the long-term positioning for American Express in...