Compass Point Research & Trading

Compass Point Research upgraded Pulte Group (NYSE: PHM) from Neutral to Buy and lowered its Pulte Group price target from $8 to $6 in a research report published today. In the report, Compass Point states, " Despite much more bearish housing assumptions implied in our earnings model, we still see...

Compass Point Research lowered its Ryland Group (RYL) price target from $18 to $14 and reiterated its Buy rating on Ryland Group in a research report published today. In the report, Compass Point Research states, " RYL's market footprint has some exposure to higher inventory markets, but the...

Compass Point Research reiterated its One Liberty Properties (NYSE: OLP) Buy rating and $18 price target in a research report published today. In the report, Compass Point Research states, " After a full day of investor meetings with OLP management yesterday in Boston, we continue to believe the...

Compass Point Research & Trading provided color on MGIC Investment (NYSE: MTG) in a research report published today. Compass Point has previously given MGIC Investment a Buy rating and $9 price target. In the report, Compass Point states, "While the monthly results are positive, we still do...

Compass Point Research & Trading is out with a research report today providing an update on the mortgage REIT industry, as well as reiterating its ratings on companies in the industry. In the report, Compass Point reiterated its ratings on Annaly Capital (NYSE: NLY) (Neutral, $18.50 price...

Compass Point Research & Trading reiterated its First Potomac Realty (NYSE: FPO) Buy rating and $18 price target in a research report published today. In the report, Compass Point states, "Headline risk surrounding government cutbacks and defense spending cuts are certainly relevant to FPO,...

Compass Point Research & Trading reiterated its One Liberty Properties Buy rating and $18 PT in a research report published today. In the report, Compass Point states, "We are lowering our acquisition forecast for OLP for 2011 to $25 million from $75 million, but continue to believe that $75...

Compass Point Research & Trading provided color on First Horizon National (NYSE: FHN) and continued its First Horizon National Neutral rating in a research report published today. In the report, Compass Point states, "We continue to rate FHN with a Neutral rating based on our 12 month price...

Compass Point Research & Trading provided color on MGIC Investment (NYSE: MTG) and lowered its MGIC Investment price target to $9 in a research report published today. Compass Point has previously given MGIC Investment a Buy rating. In the report, Compass Point states, "We still believe there...

Compass Point Research & Trading reiterated its KKR Financial Holdings (NYSE: KFN) Buy rating in a research report published today. Compass Point has previously given KKR Financial Holdings a $14 price target. In the report, Compass Point states, "Overall, it was a good quarter given the...

Compass Point Research & Trading initiated coverage on Arlington Asset Investment (NYSE: AI) with a Buy rating and $34 price target in a research report published today. In the report, Compass Point states, "While AI is structured as a C-Corp and not a REIT, we believe mortgage REITs are the...

Compass Point Research & Trading maintained its M&T Bank (NYSE: MTB) Neutral rating and increased its M&T Bank price target from $85 to $92 in a research report published today. In the report, Compass Point states, "We continue to view MTB as one of the best managed banks in our...

Compass Point Research provided color on Bank of America's (NYSE: BAC) proposed settlement in a research report published today. In the report, Compass Point states, "We believe this proposed settlement is just a starting point and will likely increase meaningfully after the court hears arguments...

Compass Point Research and Trading maintained its Comerica (NYSE: CMA) Neutral rating and $37 price target in a research report published today. In the report, Compass Point states, "Earnings beat expectations, but the absence of an increase to guidance, coupled with a 2.6% Q/Q decline in loans...

Compass Point Research & Trading provided color on People's United Financial (NASDAQ: PBCT) in a research report published today. Compass Point has previously given People's United Financial a Neutral rating and $14 price target. In the report, Compass Point states, " As one of our primary...