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Dick Bove Calls Out The Financial Media
Monday, April 24, 2017 - 2:18pm | 493Rafferty Capital's Dick Bove publishes a weekly commentary on the state of the financial services sector. In his latest report dated Monday, he blasted the financial media after he conducted interviews with the press. Bove stated that he was upset with the quality of financial journalism after an...
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Dick Bove Is Bearish On Wells Fargo
Thursday, October 13, 2016 - 6:29am | 185Speaking on CNBC's Fast Money, Dick Bove of Rafferty Capital said he is keeping the sell rating for Wells Fargo & Co (NYSE: WFC) despite the departure of CEO John Stumpf. He thinks that fundamentals of the company don't merit the premium that it sells relative to book value. He...
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Q1 Reports, Banks And Investor Expectations: Dick Bove Provides Clues
Tuesday, April 14, 2015 - 2:19pm | 336The first quarter of 2015 turned out to be quite a volatile one, especially in the currency and bond markets. This, along with stress test that the Federal Reserve conducted on banks, has contributed to a lot of anxiety among financial sector investors. Dick Bove from Rafferty Capital was on...
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Rafferty Capital Downgrades BB&T To Hold
Tuesday, December 30, 2014 - 8:20am | 63Analysts at Rafferty Capital downgraded BB&T Corporation (NYSE: BBT) from Buy to Hold. The price target for BB&T has been lowered from $45 to $41. BB&T shares have gained 5.49% over the past 52 weeks, while the S&P 500 index has surged 13.10% in the same period. BB&T's shares...
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US Stock Futures Slip Ahead Of Home Price, Consumer Confidence Data
Tuesday, December 30, 2014 - 8:10am | 451Pre-open movers US stock futures traded lower in early pre-market trade. The S&P/Case-Shiller home price index for October will be released at 9:00 a.m. ET, while the Conference Board's consumer confidence Index for December will be released at 10:00 a.m. ET. Futures for the Dow Jones...
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Rafferty Capital Downgrades Wells Fargo To Hold, Shares Fall
Monday, July 21, 2014 - 9:06am | 60Rafferty Capital downgraded Wells Fargo & Company (NYSE: WFC) from Buy to Hold. The target price for Wells Fargo & Company is set to $57.85. Wells Fargo & Company shares have surged 14.90% over the past 52 weeks, while the S&P 500 index has gained 16.67% in the same period. Wells...
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Dick Bove Disappointed by Market Reaction to Q2 Bank Results, Remains Bullish Into 2H
Thursday, July 25, 2013 - 2:22pm | 232Benzinga picked the brain of Rafferty Capital's big-bank bull Dick Bove Thursday morning. With the heart of the big-bank earnings season now concluded, Bove was full of insightful comments into how the major U.S. financial players performed during the second quarter. Bove conveyed a bit of...
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Rafferty Capital's Dick Bove Talks Bank Earnings, Europe and Fed/FDIC 'Turf Wars'
Tuesday, July 9, 2013 - 12:41pm | 851Rafferty Capital analyst Dick Bove sees new banking regulation as a battle between the Fed and the FDIC. Bove also weighed in on Europe's growing interest in jailing bankers and talked about what we're going to be seeing from bank earnings on CNBC's Squawk Box on Tuesday morning. First Bove...