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Sell Off In Wells Fargo Offers Opportunity To Buy Stock Which Is 'Rarely Cheap Enough To Do So'
Tuesday, January 12, 2016 - 9:40am | 354Having declined over the past one month, Wells Fargo & Co (NYSE: WFC) shares are down 6 percent since December 14. Keefe, Bruyette & Woods’ Christopher Mutascio upgraded the rating for the company from Market Perform to Outperform, while establishing a price target of $60....
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KBW Upgrades One Large Regional Bank, One Insurer After Black Monday
Tuesday, August 25, 2015 - 11:00am | 408Investors looking to add (or initiate) exposure in the financial sector following Monday's stock market sell-off should consider Christopher Mutascio of KBW two latest picks which consists of a large regional bank and an insurer. Upgrading Regions Financial To Market Perform Regions...
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Bank Of America Upgraded En Masse On Wall Street
Tuesday, August 25, 2015 - 10:21am | 848Shares of Bank of America Corp (NYSE: BAC) rebounded on Tuesday morning by more than 5 percent after Wall Street analyst upgraded the stock en masse. The stock traded recently at $16.04, up 4.9 percent on the day. Bernstein: Sell-Off Provides ‘More Attractive' Entry Point John...
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Calls of Note: The Research Notes Moving The Market This Monday
Monday, August 17, 2015 - 1:09pm | 1211The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Pacific Crest: It's ‘OK' Apple iPhone Units Might Decline Next Year Andy Hargreaves of Pacific Crest believes that Apple Inc. (NASDAQ: AAPL) will...
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Calls Of Note: The Research Moving The Market On Wednesday
Wednesday, August 12, 2015 - 10:56am | 1342The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Morgan Stanley: Upgrading Google To Overweight Brian Nowak of Morgan Stanley upgraded shares of Google Inc (NASDAQ: GOOG) (NASDAQ:...
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Calls Of Note: Shake Shack, Kate Spade And Other Notable Research Notes Worth Following On Tuesday
Tuesday, August 11, 2015 - 10:53am | 1107The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Longbow: Shake Shack Trends ‘Picking Up,' Maintains At Neutral Alton Stump of Longbow Research maintained a Neutral rating on shares of Shake Shack...
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KBW Slashes KeyCorp To Underperform, Cites Premium Valuation Unjustified
Wednesday, May 6, 2015 - 3:09pm | 366In a report published Tuesday, Keefe, Bruyete & Woods analyst Christopher Mutascio downgraded shares of KeyCorp (NYSE: KEY) to Underperform from Market Perform with an unchanged $14 price target as shares are currently trading at a premium despite "mediocre" profitability ratios. Mutascio noted...
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UPDATE: Keefe, Bruyette & Woods Downgrades Fifth Third Bancorp On Valuation
Tuesday, March 3, 2015 - 8:54am | 91In a report published Tuesday, Keefe, Bruyette & Woods analyst Christopher Mutascio downgraded the rating on Fifth Third Bancorp (NASDAQ: FITB) from Outperform to Market Perform, but reiterated the $20.00 price target. In the report, Keefe, Bruyette & Woods noted, "We are downgrading FITB...
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U.S. Bancorp's Consensus Earnings Per Share Estimates At Risk, Says KBW
Tuesday, February 17, 2015 - 11:41am | 314In a report published Tuesday, Keefe, Bruyette & Woods analyst Christopher Mutascio wrote that he is "increasingly confident" that U.S. Bancorp's (NYSE: USB) 2015 earnings per share estimate is too high and a revision lower is "likely" in the coming months. "At a recent conference, management...
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UPDATE: Keefe, Bruyette & Woods Downgrades Regions Financial
Monday, February 9, 2015 - 9:39am | 196Keefe, Bruyette & Woods on Monday downgraded Regions Financial Corp (NYSE: RF) from Market perform to Underperform. The firm's price target on Regions Financial is $9.50. Analysts Christopher Mutascio and Daniel Coffman wrote, "We believe the rally on a decent jobs report is...
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Keefe, Bruyette & Woods Lowers Price Target On SunTrust Banks On Lowered EPS Estimates
Tuesday, January 20, 2015 - 9:50am | 126In a report published Tuesday, Keefe, Bruyette & Woods analyst Christopher Mutascio reiterated an Outperform rating on SunTrust Banks, Inc. (NYSE: STI), but lowered the price target from $46.00 to $45.00. In the report, Keefe, Bruyette & Woods noted, “Based on the company's 4Q14 results...
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UPDATE: Keefe, Bruyette & Woods Downgrades JPMorgan On Valuation
Tuesday, November 11, 2014 - 9:52am | 237Keefe, Bruyette & Woods downgraded JPMorgan Chase & Co. (NYSE: JPM) Monday from Outperform to Market Perform and set a $64 price target. Analyst Christopher Mutascio noted that the company had "substantially outperformed the BKX and the S&P 500 over the past six months, and...
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UPDATE: Keefe, Bruyette & Woods Reiterates On Wells Fargo On Lowered EPS Estimates
Wednesday, October 15, 2014 - 9:01am | 111In a report published Wednesday, Keefe, Bruyette & Woods analyst Christopher Mutascio reiterated a Market Perform rating on Wells Fargo & Co (NYSE: WFC), but lowered the price target from $56.00 to $55.00. In the report, Keefe, Bruyette & Woods noted, “Based on the company's 3Q14...
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UPDATE: Keefe, Bruyette & Woods Upgrades Huntington Bancshares Following 2Q14 Results
Tuesday, July 22, 2014 - 8:21am | 101In a report published Tuesday, Keefe, Bruyette & Woods analyst Christopher Mutascio upgraded the rating on Huntington Bancshares (NASDAQ: HBAN) to Outperform, and raised the price target to $11.50. In the report, Keefe, Bruyette & Woods noted, “Based on the company's 2Q14 results reported...
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UPDATE: Keefe, Bruyette & Woods Upgrades SunTrust Banks On Multiple Positive Factors
Monday, June 9, 2014 - 8:08am | 157In a report published Monday, Keefe, Bruyette & Woods analyst Christopher Mutascio upgraded the rating on SunTrust Banks (NYSE: STI) from Market Perform to Outperform, and raised the price target from $41.00 to $46.00. In the report, Keefe, Bruyette & Woods noted, “We are upgrading STI to...