Compass Point Research & Trading

In a report published Wednesday, Compass Point Research & Trading initiated coverage on Nationstar Mortgage Holdings (NYSE: NSM) with a Buy rating and $38.00 price target. Compass Point noted, “Although these names have had a huge run lately and valuations have been stretched, the longer-term...

In a report published Wednesday, Compass Point Research & Trading reiterated its Buy rating and $17.00 price target on Fifth Third Bancorp (NASDAQ: FITB). Compass Point noted, “We reiterate our Buy rating and $17 price target following Fifth Third's announcement that the Federal Reserve had "...

In a report published Wednesday, Compass Point Research & Trading reiterated its Buy rating on Western Asset Mortgage Capital Corp. (NYSE: WMC), and slightly raised its price target from $21.00 to $21.50. Compass Point noted, “WMC released quarterly earnings for the first time as a public...

In a report published Wednesday, Compass Point downgraded its rating on Cardtronics (NASDAQ: CATM) from Buy to Neutral, and reiterated its $31.00 price target. Compass Point noted, “Following 2Q12 we are downgrading our rating from Buy to Neutral. Our revised estimates are $1.63 this year ($1.68...

In a report published Friday, Compass Point Research & Trading initiated coverage of VeriFone Systems (NYSE: PAY) with a Neutral rating and a $38.00 price target. Compass Point noted, “We are initiating coverage of PAY with a Neutral rating and a $38PT equal to 14x our estimate of this year's...

In a report published Friday, Compass Point Research & Trading initiated coverage of MICROS Systems (NASDAQ: MCRS) with a Neutral rating and a $50.00 price target. Compass Point noted, “The company has a history of successful products and currently holds little share of a large addressable...

In a report published earlier today, Compass Point Research & Trading, LLC downgraded its rating for Annaly Capital Management, Inc. (NYSE: NLY) from Buy to Neutral, but reiterated its $17.00 price target. Compass Point went on to say “We expect that the relatively steep yield curve, which...

Compass Point Research & Trading reiterated its Newcastle Investment (NYSE: NCT) Buy rating and $9 price target in a research report published today. In the report, Compass Point Research & Trading stated, "NCT reported solid 1Q12 results and considerable progress acquiring additional...

Compass Point Research & Trading reiterated its Western Union (NYSE: WU) Neutral rating and raised the company's price target from $19 to $20 in a research report published today. In the report, Compass Point Research & Trading stated, "Western Union reported 17% share of the remittance...

Compass Point Research & Trading reiterated its Arlington Asset Investment (NYSE: AI) Buy rating and $27 price target in a research report published today. In the report, Compass Point Research & Trading stated, "We continue to believe the inquiry was a broad government initiative and was...

According to a research report published by Compass Point, Comerica, Inc.'s (NYSE: CMA) PT increased from $1 to $29 and is downgraded from a Buy rating to Neutral. In the report, Compass Point commented, “4Q11 results were strong with the NIM stabilizing, loan growth accelerating and credit costs...

Compass Points reiterates its Neutral rating and $1 target price on Hovnanian Enterprises (NYSE: HOV) as November excels even though quarter continued deterioration trend. Compass Points comments, "While the company reported yet another quarter of grossly negative results, a further deterioration...

Compass Point Research & Trading reiterated its BB&T (NYSE: BBT) Buy rating and $27 price target in a research report published today. In the report, Compass Point states, "We reiterate our Buy rating and $27 price target after BBT reported 2011Q3 yesterday. Backing out noise related to...

Compass Point Research & Trading reiterated its Huntington Bancshares (NASDAQ: HBAN) Neutral rating and lowered its Huntington Bancshares price target from $6 to $5 in a research report published today. In the report, Compass Point states, "We reiterate our Neutral rating and are lowering our...

Compass Point Research & Trading reiterated its Fifth Third Bancorp (NASDAQ: FITB) Neutral rating and $13 price target in a research report published today. In the report, Compass Point states, "We reiterate our Neutral rating and $13 price target after FITB reported 2011Q3 yesterday. FITB...