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'Great Deal For JPMorgan': Bank Analysts Weigh In On First Republic Acquisition
Monday, May 1, 2023 - 11:21am | 691JPMorgan Chase & Co (NYSE: JPM) shares gained 2.9% Monday morning after the bank acquired the deposits and a "substantial majority of assets" from First Republic Bank (NYSE: FRC). First Republic is the latest victim of the U.S. regional banking crisis that has also taken down...
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Why This Netflix Analyst Is Double Upgrading The Streaming Stock: 'Difficult For Competitors To Catch'
Thursday, December 29, 2022 - 11:47am | 631New content and catalysts from Netflix Inc (NASDAQ: NFLX) have one analyst upgrading the streaming stock and lifting their price target ahead of the new year. The Netflix Analyst: CFRA Research analyst Kenneth Leon upgrades shares of Netflix from Sell to Buy and raises the price target from $...
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Buy, Sell Or Hold? Netflix, PayPal And The 6 Worst-Performing Stocks Of 2022
Friday, April 29, 2022 - 12:39pm | 931The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a horrible start to 2022, down 11.7% year-to-date. However, a handful of popular stocks have severely lagged the market and generated much heavier losses for investors this year. The threat of sharply rising interest rates and a slowdown in...
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Bed, Bath & Beyond Shares Rip Higher After Q1 Earnings: What Do Analysts Think?
Thursday, July 1, 2021 - 10:57am | 590After a big day on Wednesday, Bed Bath & Beyond Inc. (NYSE: BBBY) shares are now up 12.9% since the company reported first-quarter earnings and raised its 2021 guidance. Bed, Bath & Beyond reported first-quarter adjusted EPS of 5 cents, narrowly missing consensus analyst estimates of 8...
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JPMorgan, Wells Fargo Issue Mixed Q1 Reports; Analysts Weigh In
Monday, April 15, 2019 - 11:12am | 859Shares of big U.S. banks Wells Fargo & Co (NYSE: WFC) and JPMorgan Chase & Co. (NYSE: JPM) headed in different directions Friday after the banks reported mixed first-quarter earnings. Wells Fargo told investors that a lower interest rate outlook, flatter yield curve and tightening loan...
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CFRA Research Is Bullish On Bank Of America, Morgan Stanley And JPMorgan
Tuesday, October 17, 2017 - 1:35pm | 192Speaking on CNBC, Kenneth Leon of CFRA Research said he has a Strong Buy rating on Bank of America Corp (NYSE: BAC) and a Buy rating for Morgan Stanley (NYSE: MS) and JPMorgan Chase & Co. (NYSE: JPM). Bank Of America has a trajectory of improvement, both on the top line and on the cost side,...
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What Investors Should Expect From Cisco's Q3 Results
Wednesday, May 13, 2015 - 1:15pm | 385Cisco Systems, Inc. (NASDAQ: CSCO) is all set to release its third-quarter numbers after the bell Wednesday. Kenneth "Ken" Leon, global head of equity research at S&P Capital IQ, was on CNBC recently to provide his perspective on what the results could be like. Flat Sequentially "We have...
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Goldman 'Continues To Manage,' But This Analyst Thinks Morgan Stanley Is Going To Have 'The Best Story'
Tuesday, January 20, 2015 - 9:00am | 334Goldman Sachs Group Inc (NYSE: GS) came out with dismal fourth-quarter results on Friday on back of lower trading revenue. Kenneth Leon from S&P Capital IQ was on CNBC recently to discuss Goldman’s fourth-quarter results and his expectations from Morgan Stanley (NYSE: MS) when it...