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Rafferty's Dick Bove Downgrades Wells Fargo To Sell
Wednesday, April 12, 2017 - 9:55am | 437Read More...With bank stocks “no longer rallying,” Rafferty Capital’s Dick Bove doesn't expect bank stock to do well for some time. The analyst downgraded Wells Fargo & Co (NYSE: WFC) from Hold to Sell, while lowering the price target from $62.00 to $54.50. Phantom Account Problem...
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Despite Many Factors Stacking Up Against JPMorgan, Rafferty Capital Wants You To Own The Stock
Tuesday, March 21, 2017 - 12:09pm | 479Read More...Noting that JPMorgan Chase & Co. (NYSE: JPM) shares were up 28.6 percent since the Trump election, Rafferty Capital’s Richard X. Bove expects the stock to decline in the near term before it “regains positive momentum.” The analyst maintains a Buy rating on the company, while...
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3 Potential Outcomes For The Debt Dilemma, According To Dick Bove
Monday, March 6, 2017 - 1:32pm | 373Read More...It seems like each election cycle, politicians talk constantly about getting the national debt level under control. Then, no matter which part takes the White House, the new administration continues to pile on more and more debt. The Congressional Budget Office projects the federal debt will grow...
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Dick Bove Warns Of Summer Mortgage Crisis In U.S.
Wednesday, March 2, 2016 - 10:53am | 331Read More...In a new report, Rafferty Capital Markets analyst Dick Bove discussed what he sees as an imminent threat in the U.S. mortgage market. According to Bove, a downturn in the U.S. economy could set in play a chain of events that could lead to disaster in the mortgage market. Since the United States...
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CSRA Initiated With A Buy Rating At Rafferty
Monday, February 22, 2016 - 12:45pm | 206Read More...Rafferty Capital Markets issued a note on CSRA Inc. (NYSE: CSRA), initiating coverage of the stock and noting that there is potential for significant upside from current price levels. CAnalysts at Rafferty rate CSRA as a Buy with a price target range of $33-$39. The firm wrote, “When we...
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Bove: American Bank Balance Sheets 'Have Been Nationalized'
Sunday, March 8, 2015 - 9:33am | 406Read More...In a recent report, Rafferty Capital Markets' Vice President of Equity Research Richard Bove laid out his bullish case for Morgan Stanley (NYSE: MS). In the report, Bove gave his take on the modern banking environment in the U.S., including his opinion that bank balance sheets are now...
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Rafferty Capital Bullish On State Street Corporation
Monday, September 15, 2014 - 5:42pm | 161Read More...Analysts at Rafferty Capital Markets upgraded shares of State Street Corporation (NYSE: STT) to a Buy rating and an $82 price target Monday. Richard Bove highlighted causes for the upgrade. Analysts find: “An incredible 78.5% of the firm’s owned assets are either in cash or...
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UPDATE: Rafferty Capital Upgrades Comerica On Solid Earnings Results
Tuesday, July 15, 2014 - 3:15pm | 130Read More...In a report released Tuesday, Rafferty Capital Markets analyst Dick Bove upgraded Comerica (NYSE: CMA) from Hold to Buy with a price target increase from $50.50 to $59.00. The Rafferty note is based on Comerica's Q2 2014 earnings release Tuesday. Analysts at Rafferty highlighted Comerica...
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UPDATE: Rafferty Capital Upgrades JPMorgan Chase On Strong Earnings Report
Tuesday, July 15, 2014 - 3:10pm | 113Read More...In a report released Tuesday, Rafferty Capital Markets analyst Dick Bove upgraded JPMorgan Chase (NYSE: JPM) from Hold to Buy and increased his firm's price target from $62.00 to $68.00. The Rafferty note is based on JPMorgan's Q2 2014 earnings release Tuesday. Bove favored JP Morgan...
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Legendary Bank Analyst Dick Bove Says This Will Be The 'Best Quarter in the History of the Banks'
Tuesday, April 16, 2013 - 9:39am | 380Read More...Dick Bove dropped into Squawk Box Tuesday morning to speak with Andrew Ross Sorkin and company about financial sector earnings and the stock performance for the year to come. Here are some highlights: On the Goldman Sachs (NYSE: GS) Earnings All core businesses did pretty well quarter over...
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ANDE Q4 Results Ahead, Bullish On Andersons
Tuesday, February 9, 2010 - 2:59pm | 135Read More...Analyst Ian Horowitz of Rafferty Capital Markets maintains his "buy" rating on The Andersons Inc (NASDAQ: ANDE). The target price for ANDE is set to $33. Andersons reported its Q4 results ahead of the consensus and the estimates, despite its struggling Rail, Turf & Specialty and Retail segments...
