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Compass Point Upgrades Regions Financial To Buy
Friday, March 27, 2015 - 9:05am | 61Compass Point upgraded Regions Financial Corporation (NYSE: RF) from Neutral to Buy. The price target for Regions Financial has been raised from $10.00 to $11.00. Regions Financial shares have dropped 14.98% over the past 52 weeks, while the S&P 500 index has surged 10.69% in the same period....
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UPDATE: Compass Point Initiates Coverage On On Deck Capital On Unfavorable Risk/Reward
Wednesday, March 18, 2015 - 9:43am | 192In a report published Wednesday, Compass Point analyst Michael Tarkan initiated coverage on On Deck Capital, Inc. (NYSE: ONDK) with a Sell rating and $14.00 price target. In the report, Compass Point noted, "We are initiating coverage of On Deck Capital (ONDK) with a Sell Rating and $14 price...
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Compass Point Sees All Eyes On Deal Completion For Meadowbrook Insurance
Wednesday, March 4, 2015 - 9:47am | 222In a report published Wednesday, Compass Point analyst Ken Billingsley reiterated a Neutral rating and $8.65 price target on Meadowbrook Insurance Group, Inc. (NYSE: MIG). In the report, Compass Point noted, "We maintain our Neutral rating and $8.65 price target. Our price target represents the...
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Compass Point Sees Multiple Positive Factors For Nelnet
Monday, March 2, 2015 - 10:44am | 114In a report published Monday, Compass Point analyst Michael Tarkan reiterated a Buy rating and $54.00 price target on Nelnet, Inc. (NYSE: NNI). In the report, Compass Point noted, "We are reiterating our Buy rating and $54 price target on NNI after the company reported mixed 4Q14 earnings as weaker...
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Compass Point Sees Few Catalysts And High Valuation For Western Asset Mortgage Capital
Monday, March 2, 2015 - 10:38am | 207In a report published Monday, Compass Point analyst Jason Stewart reiterated a Neutral rating and $15.00 price target on Western Asset Mortgage Capital (NYSE: WMC). In the report, Compass Point noted, "We reiterate our Neutral rating and $15 target price following WMC's 4Q14 earnings release. Core...
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Compass Point Downgrades Navient To Neutral
Monday, March 2, 2015 - 9:29am | 40Analysts at Compass Point downgraded Navient Corporation (NASDAQ: NAVI) from Buy to Neutral. The price target for Navient has been lowered from $23.00 to $22.00. Navient's shares fell 3.32% to $20.69 in pre-market trading.
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Why Compass Point Is Cutting Targets At Armour Residential REIT
Wednesday, February 25, 2015 - 7:33pm | 246In a report published Wednesday, Compass Point analyst Jason Stewart maintained a Neutral rating on Armour Residential REIT, Inc (NYSE: ARR), while reducing the price target from $4.25 to $4, after the company reported 4Q results below expectations. In the report, Compass Point noted, "While we...
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Compass Point Sees Toll Brothers As Fairly Valued At Current Levels
Wednesday, February 25, 2015 - 8:35am | 180In a report published Wednesday, Compass Point analyst Wilkes Graham reiterated a Neutral rating and $37.50 price target on Toll Brothers Inc. (NYSE: TOL). In the report, Compass Point noted, "We reiterate our Neutral rating and $37.50 price target on shares of TOL. TOL reported strong 1Q15...
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Why Compass Point Is Still Neutral On Toll Brothers
Tuesday, February 24, 2015 - 6:21pm | 238In a report published Tuesday, Compass Point analyst Wilkes Graham maintained a Neutral rating on Toll Brothers Inc. (NYSE: TOL), with a price target of $37.50. In the report, Compass Point noted, "TOL reported 1Q15 earnings with Core EPS of $0.44, beating both our estimate and the Street's...
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UPDATE: Compass Point Initiates Coverage On Washington Trust Bancorp As Best Of Breed But Fully Valued
Monday, February 23, 2015 - 10:57am | 191In a report published Monday, Compass Point analyst Laurie Havener Hunsicker initiated coverage on Washington Trust Bancorp (NASDAQ: WASH) with a Neutral rating and $38.00 price target. In the report, Compass Point noted, "We initiate with a Neutral rating and a price target (PT) of $38,...
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Compass Point Sees Higher-Than-Expected Premium Growth For Maiden Holdings
Thursday, February 19, 2015 - 11:25am | 135In a report published Thursday, Compass Point analyst Ken Billingsley reiterated a Buy rating and $16.00 price target on Maiden Holdings, Ltd. (NASDAQ: MHLD). In the report, Compass Point noted, "MHLD reported 4Q14 operating EPS of $0.44 versus the consensus and our estimate of $0.39. Diluted...
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Compass Point Believes 'Normalized' Is Still 2 Years Out For PHH
Thursday, February 19, 2015 - 11:14am | 246In a report published Thursday, Compass Point analyst Kevin Barker reiterated a Neutral rating and $23.00 price target on PHH Corporation (NYSE: PHH). In the report, Compass Point noted, "PHH managed to put up a decent operating result as the company kicked off its re-engineering and growth...
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Compass Point Reiterates Neutral Rating, Lowers Price Target On Allstate As Lower CAT Losses Help Beat
Friday, February 6, 2015 - 8:51am | 263In a report published Friday, Compass Point analyst Ken Billingsley reiterated a Neutral rating on The Allstate Corporation (NYSE: ALL), but lowered the price target from $68.00 to $67.00. In the report, Compass Point noted, "We remain Neutral on ALL and are lowering our price target to $67 from $...
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Compass Point Upgrades AthenaHealth To Outperform
Wednesday, February 4, 2015 - 8:38am | 60Analysts at Compass Point upgraded AthenaHealth, Inc. (NASDAQ: ATHN) from Market Perform to Outperform. The price target for AthenaHealth has been raised from $134 to $172. AthenaHealth shares have dropped 1.17% over the past 52 weeks, while the S&P 500 index has gained 15.35% in the same...
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US Stock Futures Edge Lower Ahead Of ADP Data
Wednesday, February 4, 2015 - 8:10am | 445Pre-open movers US stock futures traded slightly lower in early pre-market trade. The ADP national employment report for January will be released at 8:15 a.m. ET, while the Markit PMI services index for January will be released at 9:45 a.m. ET. The ISM non-manufacturing index for January will be...