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Western Alliance Posts Q3 Earnings Miss, Why 5 Analysts Are Still Bullish
Friday, October 18, 2024 - 11:02am | 783Read More...Western Alliance Bancorporation (NYSE:WAL) reported mixed earnings for its third quarter on Thursday. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On Western Alliance Bancorporation Analyst Jon Arfstrom reiterated an...
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Is Comerica Headed For A Net Interest Income Inflection? 'We Remain Optimistic,' Analysts Say
Monday, July 22, 2024 - 11:25am | 516Read More...Shares of Comerica Inc (NYSE:CMA) were tanking in early trading on Monday, after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities analyst Brandon King downgraded the rating from Buy to Hold,...
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Texas Capital Bancshares Will Be Impacted By Fed's Rate Move, Says Analyst
Monday, April 1, 2024 - 12:06pm | 321Read More...Texas Capital Bancshares Inc (NASDAQ: TCBI) shares were down in early trading on Monday. The Federal Reserve is likely to cut its benchmark interest rates three times by 25 basis points (bps) each in 2024, beginning in June, and by three more times by 25bps in 2025, according to Truist...
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With SVB Financial Group On Life Support, Analysts Downgrade Stock: 'Too Much Uncertainty'
Friday, March 10, 2023 - 11:43am | 632Read More...Shares of banking company SVB Financial Group (NASDAQ: SIVB) fell 60% on Thursday over news of an offering and the need to raise capital. The company’s CEO Greg Becker sent a letter citing higher interest rates and elevated cash burn from clients as reasons for the need for capital. Analysts...
