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4 Goldman Sachs Analysts Offer Takes On 'Noisy' Quarter: Find Out What The Highs, Lows Points Are
Wednesday, April 19, 2023 - 11:56am | 550Goldman Sachs Group Inc (NYSE: GS) reported mixed results for the first quarter, amid a solid start to the earnings season by banking majors. RBC Capital Markets On Goldman Sachs Analyst Gerard Cassidy maintained a Sector Perform rating while raising the price target from $339 to $375. “...
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Wells Fargo's Surprising Q1 Earnings Beat Sparks Analyst Frenzy And Price Target Adjustments
Monday, April 17, 2023 - 11:38am | 538Wells Fargo & Co (NYSE: WFC) Friday reported better-than-expected results for its first quarter, triggering some price target changes by analysts. Here are some other key analyst takeaways from the earnings call. Oppenheimer On Wells Fargo Analyst Chris Kotowski maintained a Perform rating on...
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As Blackstone Climbs, Oppenheimer Praises Alts For Leveraging 'Patient Long-Term, Committed Capital'
Thursday, April 13, 2023 - 10:59am | 276Blackstone Inc’s (NYSE: BX) was moving higher on Thursday, extending gains made through the week. Alternative financial companies, or alts, are poised to capture a larger market share during "the current round of financial stress," as per Oppenheimer, and they have the potential to...
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Oppenheimer: Saddle Up A Position In WhiteHorse Finance
Thursday, November 30, 2017 - 4:51pm | 256WhiteHorse Finance Inc (NASDAQ: WHF) reported a 3Q profit on November 7. The Analyst Oppenheimer's Chris Kotowski initiated coverage of WhiteHorse Finance with an Outperform and $15 price target. The Thesis Whitehorse is a high-quality business development company that has been able to...
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Oppenheimer Charts The Last 6 Years Of Bank Stock Catalysts
Monday, December 12, 2016 - 12:07pm | 346Bank stocks have been on quite a run in 2016 on hopes for rising interest rates, de-regulation and lower corporate taxes in the Donald Trump era. While bank stocks are getting closer to fully-valued in the near-term, Oppenheimer analyst Chris Kotowski believes the 2017–2018 period could...
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Oppenheimer Ups Apollo Global To Outperform, And It's Not Because Of The Q2 Beat
Thursday, August 4, 2016 - 2:06pm | 336Oppenheimer has upgraded Apollo Global Management LLC (NYSE: APO) to Outperform from Perform with a $19 price target on potential returns from its new fund. Apollo's new flagship Fund VIII is now 60 percent committed and has for the first time crossed into carry. The brokerage noted that...
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With Its Price Target Reached, Oppenheimer Downgrades Horizon Technology
Thursday, August 4, 2016 - 1:51pm | 278Oppenheimer has downgraded Horizon Technology Finance Corp (NASDAQ: HRZN) to Perform on valuation and removed the price target of $14. According to the brokerage, shares of Horizon trade at 1.03x NAV, a 12 percent premium to the industry average of 0.92x, and reached the earlier price target of $14...
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Oppenheimer: Morgan Stanley Outlook Just 'Ho Hum'
Tuesday, April 19, 2016 - 1:26pm | 236The quality of Morgan Stanley’s (NYSE: MS) 1Q earnings was similar to that of its peers. Oppenheimer’s Chris Kotowski maintained a Perform rating for the company, saying that the concern area was “not so much income statement trends,” rather it was “the outlook for...
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35 Stock Ideas Oppenheimer Analysts Love Right Now
Saturday, October 17, 2015 - 10:11pm | 1463Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR) Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of...
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Asia Fears Could Give Citi Bulls Chance To Buy: Here's Why
Wednesday, September 9, 2015 - 8:44am | 359Citigroup Inc (NYSE: C) shares are down 11 percent since July 31, and declined 3 percent in the last five trading days. Oppenheimer’s Chris Kotowski maintained an Outperform rating for the company, while reducing the price target from $74 to $69. After the company’s...
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Banks Stocks Well Valued, Invest With 'Caution'
Monday, June 29, 2015 - 12:32pm | 337Investors in the banking sector should move "toward a bit more caution," according to a note from Oppenheimer. Analyst Chris Kotowski said that bank fundamentals continue to be "more staid and boring" than they've been in 30 years covering the sector, pointing out that the...
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Solid Q1 For Morgan Stanley, But Oppenheimer Says Not Big Enough To Move The Needle
Monday, April 20, 2015 - 1:23pm | 338Morgan Stanley (NYSE: MS) came out with better-than-expected first quarter earnings. While analysts were expecting EPS for the quarter to be around $0.78 on revenue of $9.19 billion, the bank declared an EPS of $1.18 on revenue of $9.9 billion. Chris Kotowski, senior bank analyst at Oppenheimer...
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Oppenheimer Not Excited About American Express
Tuesday, April 7, 2015 - 9:21am | 209Oppenheimer on Tuesday issued a report on American Express Company (NYSE: AXP) downgrading the financial services company from Perform to Underperform and set a price target of $68.00. Analysts Ben Chittenden and Chris Kotowski wrote, "We think that the profitability of the core business is under...
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Analyst Sees Value In CIT Group Restructuring
Tuesday, March 31, 2015 - 1:21pm | 267CIT Group Inc. (NYSE: CIT)'s restructuring will soon result in higher returns for investors, an analyst said Tuesday. "We're seeing sausage made and it's not pretty," Oppenheimer's Chris Kotowski said. "But at the end of this process there are some good businesses here." CIT shares are off about 9...
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10 Oppenheimer Analysts Each Pick A Top Stock
Sunday, March 29, 2015 - 10:47am | 489In a recent report, Oppenheimer asked analysts that cover different ares of the stock market each to choose his or her single top stock pick in the space based on the fundamentals of the company. Here are the stocks that these ten analysts chose. 1. Rupesh Parikh, CFA (food, grocery &...