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6 Rate-Sensitive Stocks Worth Considering Before FOMC Hikes
Tuesday, June 30, 2015 - 8:36am | 507Analysts at Wunderlich Securities are looking for the Federal Reserve to start raising interest rates in September 2014, followed by 25bps of hikes every other meeting by year-end 2016. That accounts for roughly 150bps of hikes. Across the sector, Wunderlich's Kevin Reynolds said that...
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Avenue Financial Started At Hold By Wunderlich, Firm Notes 'Emerging Commercial Growth Story'
Friday, June 19, 2015 - 8:52am | 225In a report published Friday, Wunderlich analyst Kevin Reynolds initiated coverage of Avenue Financial Holdings Inc (NASDAQ: AVNU) with a Hold rating and $13.50 price target. The analyst views the company as a "high-growth, commercially oriented bank" with meaningful prospects for market share gain...
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What You Don't Know About Banks Could Fill A Book
Saturday, June 13, 2015 - 8:27am | 1032One of the best lessons you can learn is that there are plenty of people out there that are smarter than you. In order to be successful, one much learn to set aside ego and be smart enough to listen to them. Back in 1946, two brothers chipped in to buy a hotel in Lakewood, New Jersey. With an eye...
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UPDATE: Wunderlich Securities Initiates Coverage On Stonegate Bank On FL Growth Story With Strong Profitability
Tuesday, March 10, 2015 - 9:09am | 162In a report published Tuesday, Wunderlich Securities analyst Kevin Reynolds initiated coverage on Stonegate Bank (NASDAQ: SGBK) with a Buy rating and $34.00 price target. In the report, Wunderlich Securities noted, "We are initiating coverage of Stonegate Bank (SGBK) with a Buy rating and a 12- to...
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Wunderlich Securities Remains Highly Confident In IBERIABANK
Thursday, March 5, 2015 - 9:11am | 157In a report published Thursday, Wunderlich Securities analyst Kevin Reynolds reiterated a Buy rating and $75.00 price target on IBERIABANK Corporation (NASDAQ: IBKC). In the report, Wunderlich Securities noted, "We reiterate our Buy rating on shares of IBERIABANK Corporation (IBKC) and we maintain...
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UPDATE: Wunderlich Securities Downgrades Regions Financial On 4Q EPS Miss
Wednesday, January 21, 2015 - 11:37am | 177In a report published Wednesday, Wunderlich Securities analyst Kevin Reynolds downgraded the rating on Regions Financial Corp (NYSE: RF) from Buy to Hold, and lowered the price target from $13.00 to $10.00. In the report, Wunderlich Securities noted, “We are downgrading shares of Regions Financial...
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Wunderlich Reiterates On Comerica Following Q4 Earnings
Friday, January 16, 2015 - 4:52pm | 230Wunderlich reiterated its Buy rating and $65 price target on Comerica Incorporated (NYSE: CMA) Friday after the company reported Q4 earnings. “With the decline in the price of oil, CMA shares have come under pressure recently, which is understandable. However, just 7 percent of loans are...
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Wunderlich Names The Best Southern Regional Banks Heading Into Earnings
Monday, January 12, 2015 - 12:30pm | 484Wunderlich issued a report on southern regional banks Monday and analyst Kevin Reynolds noted that there “seems to be a fairly significant disconnect between sentiment and reality, as markets used a sharp drop in the price of oil as irrefutable evidence that the economic expansion in the U....
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Wunderlich Securities Offers 2015 Banking Outlook: Growth, M&A And Potentially Higher Rates
Friday, December 12, 2014 - 11:23am | 198Kevin Reynolds of Wunderlich Securities offered a 2015 outlook for the banking sector in a note on Friday. “Our outlook for 2015 calls for an operating environment that is very similar to 2014, with one exception: potentially higher short-term rates due to the start of FOMC tightening...
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Wunderlich Securities Expects Great Earnings Leverage For Texas Capital Bancshares
Thursday, October 23, 2014 - 9:07am | 159In a report published Thursday, Wunderlich Securities analyst Kevin Reynolds reiterated a Buy rating and $75.00 price target on Texas Capital Bancshares (NASDAQ: TCBI). In the report, Wunderlich Securities noted, “We reiterate our Buy rating on shares of Texas Capital Bancshares (TCBI) as we...
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Wunderlich Securities Sees 3Q14 EPS Ahead Of Consensus For Regions Financial Corp.
Wednesday, October 22, 2014 - 9:55am | 171In a report published Wednesday, Wunderlich Securities analyst Kevin Reynolds reiterated a Buy rating and $13.00 price target on Regions Financial Corp. (NYSE: RF). In the report, Wunderlich Securities noted, “We maintain our Buy rating on shares of Regions Financial Corporation (RF) as well as our...
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UPDATE: Wunderlich Securities Upgrades Bank Of The Ozarks Following Strong 3Q14 EPS Report
Thursday, October 16, 2014 - 9:58am | 169In a report published Thursday, Wunderlich Securities analyst Kevin Reynolds upgraded the rating on Bank of the Ozarks (NASDAQ: OZRK) from Hold to Buy, and raised the price target from $35.00 to $38.00. In the report, Wunderlich Securities noted, “We are upgrading shares of Bank of the Ozarks (OZRK...
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UPDATE: Wunderlich Upgrades Comerica Incorporated
Friday, September 26, 2014 - 9:10am | 124In a noted dated September 25, Wunderlich analyst Kevin Reynolds upgraded shares of Comerica Incorporated (NYSE: CMA) from Hold to Buy and raised the price target from $55 to $65. Reynolds explained the consensus estimate for a start date for increases to short-term interest rates is mid-2015....
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UPDATE: Wunderlich Securities Upgrades Comerica Incorporated As Shares are Undervalued
Thursday, September 25, 2014 - 9:34am | 179In a report published Thursday, Wunderlich Securities analyst Kevin Reynolds upgraded the rating on Comerica Incorporated (NYSE: CMA) from Hold to Buy, and raised the price target from $55.00 to $65.00. In the report, Wunderlich Securities noted, “We are upgrading shares of Comerica, Inc. (CMA) to...
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UPDATE: Wunderlich Upgrades Texas Capital Bancshares Inc
Friday, September 19, 2014 - 8:31am | 132In a note issued earlier Friday morning, Wunderlich analyst Kevin Reynolds upgraded shares of Texas Capital Bancshares Inc (NASDAQ: TCBI) from Hold to Buy and raised the price target from $56 to $75. Reynolds commented, "TCBI is the most asset sensitive name in our bank research universe... If...