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Sterne Agee Notes Lack of Near-Term Catalysts for Citigroup, Downgrades to Neutral
Friday, April 4, 2014 - 7:19am | 127Read More...In a report published Thursday, Sterne Agee analyst Todd Hagerman downgraded Citigroup Inc. (NYSE: C) from Buy to Neutral and lowered the price target from $61.00 to $52.00. Hagerman noted a lack of catalyst to move shares of Citigroup higher, despite its inexpensive share price. The analyst...
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UPDATE: Sterne Agee Raises Price Target on OFG Bancorp on Recent BBVAPR Transaction
Wednesday, July 31, 2013 - 2:16pm | 115Read More...In a report published on Wednesday, Sterne Agee analyst Todd Hagerman raised the price target on OFG Bancorp (NYSE: OFG) from $20.00 to $23.00 and reiterated a Buy rating on the company. In the report, Sterne Agee Stated, "The benefits of the recent BBVAPR transaction continue to shine,...
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UPDATE: Sterne Agee Upgrades M&T Bank Based on Earnings Performance
Friday, June 14, 2013 - 10:41am | 133Read More...In a report published on Friday, Sterne Agee analyst Todd Hagerman upgraded M&T Bank (NYSE: MTB) from Neutral to Buy and maintained a $125 price target on the company. In the report, Sterne Agee commented that, "MTB's earnings performance has consistently beat expectations since the heart...
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Afternoon Market Update: Dow Climbs Triple Digits
Friday, May 21, 2010 - 2:44pm | 294Read More...US stocks rose, supported by financials, after Senate lawmakers passed the biggest financial overhaul since the 1930s. Although the euro zone worries are still around, stocks soared after three days of declines, capped by a late plunge yesterday. The euro grew strong against the US dollar, helping...
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US Stocks Dipped Into Correction Yesterday On Worries Of Eurozone Stalling The Global Recovery
Friday, May 21, 2010 - 6:10am | 311Read More...US stocks plunged yesterday into the first correction of the bull market that started in March 2009, as worries of Europe's debt crisis weighed heavily on the market. The investors took their money out of the companies with high international exposure and did away with a range of assets, such as...
