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Morgan Stanley's Q2 Results Earn It A Higher Price Target From UBS
Thursday, July 21, 2016 - 2:30pm | 322Read More...UBS raised its estimates and price target on Morgan Stanley (NYSE: MS) after it announced better-than-expected adjusted earnings and revenue for the second quarter. Commenting on the results, UBS said "resiliency in a tough market should allow for more comfort with the story."...
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Citi Shakes Off Election Uncertainty, Brexit Headwinds; Outlook Remains Constructive
Monday, July 18, 2016 - 10:22am | 321Read More...With positive momentum in the branded card business, the 2H outlook for Citigroup Inc (NYSE: C) remains encouraging, UBS’s Brennan Hawken said in a report. He maintained a Buy rating on the company, while reducing the price target from $54 to $53. “Despite uncertainty in the UK, an...
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UBS Sees Capital Returns Plans By Big Banks 'Largely Better Than Expected'
Thursday, June 30, 2016 - 2:17pm | 318Read More...The post-Brexit attitude toward U.S. bank stocks took a sharp 180-degree turn this week. Shares of the “Big Four” U.S. banks were all down double-digits following the Brexit vote that threatened to rock global financial markets. However, shares of Wells Fargo & Co (NYSE: WFC),...
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UBS Downgrades Franklin Resources To Sell: 'Flows Likely To Get Worse Before They Get Better'
Thursday, June 2, 2016 - 10:40am | 202Read More...UBS's Brennan Hawken downgraded Franklin Resources, Inc. (NYSE: BEN) to Sell from Neutral with a price target of $28.00 from $39.00. The rating change came after the company reported earnings short of estimates. The analyst was specifically concerned about the company's exposure to the...
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UBS Tells Investors To Sell Wells Fargo Stock, Sees Credit Risks Not In Valuation
Thursday, March 24, 2016 - 9:56am | 313Read More...UBS’s Brennan Hawken initiated coverage of Wells Fargo & Co (NYSE: WFC) with a Sell rating and price target of $45. “We see risks to WFC's revenue growth and credit performance, which coupled with a valuation on the high end of peers and consensus estimates that have not...
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UBS Is Buying Bank Stocks
Thursday, March 3, 2016 - 3:54pm | 353Read More...UBS senior bank analyst Brennan Hawken said it's a good time to buy financials, according to an interview with CNBC. Among others, Hawken has Buy ratings on Goldman Sachs Group Inc (NYSE: GS), Morgan Stanley (NYSE: MS), Citigroup Inc (NYSE: C) and Bank of America Corp (NYSE: BAC). UBS...
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UBS Dishes On Earnings: Neutral On JPMorgan; Goldman Sachs, Morgan Stanley Results 'Could Be Pretty Positive'
Tuesday, July 14, 2015 - 2:18pm | 351Read More...JPMorgan Chase & Co. (NYSE: JPM) declared its second-quarter earnings earlier on Tuesday. The company declared an EPS of $1.54, versus analysts' estimates of $1.44. UBS analyst, Brennan Hawken, was on CNBC recently to discuss why he has a Neutral rating on the stock with a $65 price...
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Collins Stewart Lowers Estimates And Price Target For Duff & Phelps Corporation (DUF)
Friday, April 30, 2010 - 11:40am | 115Read More...Analysts William Tanona and Brennan Hawken at Collins Stewart have released an update on Duff & Phelps Corporation (NYSE: DUF). The company reported its first-quarter results on Thursday. Duff & Phelps reported first-quarter EPS of $0.19, which fell short of analysts’ estimate by $0.04....
