Kenneth Bruce

In a report published Monday, Bank of America analyst Kenneth Bruce downgraded the rating on TPG Specialty Lending (NYSE: TSLX) from Buy to Neutral, but raised the price target from $18.50 to $22.00. In the report, Bank of America noted, “TSLX's operating performance has been strong with investment...

In a report published Thursday, Bank of America analyst Kenneth Bruce reiterated a Buy rating on Ocwen Financial (NYSE: OCN), but lowered the price target from $57.00 to $54.00. In the report, Bank of America noted, “Recent investor meetings with Ocwen Financial give us increased confidence that...

In a report published Thursday, Bank of America analyst Kenneth Bruce reiterated a Buy rating on THL Credit (NASDAQ: TCRD), but lowered the price target from $16.00 to $14.75. In the report, Bank of America noted, “TCRD reported Q1'14 Core EPS of $0.32 vs. the Street at $0.33. Results were mixed...

In a report published Thursday, Bank of America analyst Kenneth Bruce reiterated a Buy rating on TPG Specialty Lending (NYSE: TSLX), and raised the price target from $17.50 to $18.50. In the report, Bank of America noted, “TSLX achieved impressive results during Q1'14, defying negative industry...

In a report published Monday, Bank of America analyst Kenneth Bruce upgraded the rating on Santander Consumer USA Holdings (NYSE: SC) from Neutral to Buy, and reiterated the $28.00 price target. In the report, Bank of America noted, “Upgrading Santander Consumer (SC) to a Buy from Neutral given...

Shares of Visa (NYSE: V) are down 4.7 percent to $199.57 in Friday's trading following mixed first quarter results. Wall Street analysts have been busy updating their outlooks going forward. Deutsche Bank analyst Bryan Keane remains “comfortable with Visa's ability to accelerate revenue growth...

In a report published Thursday, Bank of America analyst Kenneth Bruce reiterated a Buy rating on Capital One Financial (NYSE: COF), and raised the price target from $78.00 to $84.00. In the report, Bank of America noted, “COF reported Q1 GAAP EPS of $1.96, above our $1.80 estimate and Consensus of...

In a report published Thursday, Bank of America analyst Kenneth Bruce reiterated a Neutral rating on Blackstone Mortgage Trust (NYSE: BXMT), but lowered the price target from $32.00 to $30.00. In the report, Bank of America noted, “Blackstone Mortgage issued 8M shares of stock, excluding the...

In a report published Tuesday, Bank of America analyst Kenneth Bruce reiterated a Neutral rating on Blackstone Mortgage Trust (NYSE: BXMT), and raised the price target from $27.00 to $32.00. In the report, Bank of America noted, “We are revising our earnings estimates for the mortgage REIT group...

In a report published Tuesday, Bank of America analyst Kenneth Bruce reiterated a Buy rating on Ellington Financial (NYSE: EFC), and raised the price target from $22.75 to $24.00. In the report, Bank of America noted, “We are revising our earnings estimates for the mortgage REIT group after...

In a report published Tuesday, Bank of America analyst Kenneth Bruce reiterated a Neutral rating on AG Mortgage Investment Trust (NYSE: MITT), and raised the price target from $15.50 to $18.50. In the report, Bank of America noted, “We are revising our earnings estimates for the mortgage REIT...

In a report published Tuesday, Bank of America analyst Kenneth Bruce reiterated an Underperform rating on Hatteras Financial (NYSE: HTS), and raised the price target from $16.00 to $17.00. In the report, Bank of America noted, “Our $17 price objective is based on a 0.9x P/BV multiple to our pro-...

In a report published Tuesday, Bank of America analyst Kenneth Bruce reiterated a Buy rating on Ocwen Financial (NYSE: OCN), but lowered the price target from $68.00 to $57.00. In the report, Bank of America noted, “OCN is a leading independent mortgage servicer specializing in distressed loans....

In a report published Monday, Bank of America analyst Kenneth Bruce initiated coverage on Springleaf Holdings (NYSE: LEAF) with a Neutral rating and $21.50 price target. In the report, Bank of America noted, “We are initiating coverage on Springleaf Holdings Inc. (LEAF) with a Neutral rating and...

In a report published Friday, Bank of America analyst Kenneth Bruce upgraded the rating on CYS Investments (NYSE: CYS) from Underperform to Neutral, and raised the price target from $7.50 to $8.50. In the report, Bank of America noted, “We are upgrading CYS Investments to Neutral from Underperform...