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Bank Of America Raises Bullish Outlook On US Brokers, Exchanges, Alternative Investments: 3 Top Picks For 2025
Wednesday, December 11, 2024 - 2:07pm | 722Bank of America is bullish on U.S. brokers, asset managers and exchanges heading into 2025, raising price targets across the sector by an average of 14%, citing strong tailwinds from deregulation, rising retail investor engagement and solid U.S. GDP growth projected at 2%-2.5%. In a new report...
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Blackstone's Performance Could Accelerate In Second Half: Analysts Examine Q1 Results, Outlook
Friday, April 19, 2024 - 12:04pm | 552Blackstone Inc (NYSE:BX) Thursday reported upbeat earnings for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Goldman Sachs On Blackstone Analyst Alexander Blostein reiterated a Neutral rating while cutting the price...
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AllianceBernstein Bull Case Emerges After Stock Pullback: Expect Cost-Cutting Through 2025
Tuesday, September 5, 2023 - 12:50pm | 233Shares of AllianceBernstein Holding LP (NYSE: AB) were climbing after the long Labor Day weekend, even as U.S. stocks opened Tuesday lower. While there are several issues with the company, these are “minor,” making the recent correction in the stock “largely unwarranted,”...
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The Bull And Bear Case On Charles Schwab: Are Shares Trading At Attractive Price Point Or Could This Be The Next Silicon Valley Bank?
Monday, March 13, 2023 - 12:39pm | 676Regional bank stocks suffered steep losses on Monday following the recent collapse of SVB Financial Group (Silicon Valley Bank) (NASDAQ: SIVB), which led to the government stepping in to support depositors. The California Department of Financial Protection and Innovation closed the bank...
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Robinhood Traders Beat The S&P 500: Is The Retail Investor Back?
Friday, November 4, 2022 - 2:31pm | 823Robinhood Markets Inc (NASDAQ: HOOD) stock traded lower Friday, giving up some of its post-earnings gains after the popular online trading platform reported better-than-expected third-quarter revenue and earnings numbers earlier this week. Robinhood had a solid third quarter, and the company said...
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Trading Volume Is Falling — And These Exchange Stocks Are Getting Hit
Friday, July 1, 2022 - 3:31pm | 552As financial markets have weakened in 2022, trading volumes have fallen across all asset classes, according to a new report by Bank of America analyst Craig Siegenthaler. Siegenthaler said Friday that these declining volumes are weighing on exchange stocks, such as CME Group Inc (NYSE: CME),...
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Analyst Names 3 Best Alternative Asset Manager Stocks To Buy
Tuesday, June 7, 2022 - 3:54pm | 405Bank of America recently met with iCapital Network’s Chairman & CEO Lawrence Calcano to discuss the democratization of alternative asset investing. On Tuesday, Bank of America analyst Craig Siegenthaler said he is bullish on three leading alternative asset management stocks after his...
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Why This Analyst Names BlackRock, Victory Capital His Top Asset Manager Stock Picks
Tuesday, April 19, 2022 - 10:31am | 409In a volatile market and unpredictable macroeconomic backdrop, investors can look to trends among professional asset managers to get an idea of how smart money is positioning for the remainder of 2022. On Tuesday, Bank of America analyst Craig Siegenthaler highlighted four trends he has observed...
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Which Brokers And Exchanges Are Going All-In On Crypto, And Which One is Staying On The Sidelines?
Wednesday, April 13, 2022 - 10:42am | 600Bitcoin (CRYPTO: BTC) and other cryptocurrency prices have been under pressure in the past year as investors have rotated out of risk assets amid concerns about a potential economic slowdown and global geopolitical instability. Last week, Bank of America analyst Craig Siegenthaler attended the...
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TPG Has A High Growth Trajectory, BofA Says With Buy Rating: What Else Impressed The Analyst?
Monday, February 7, 2022 - 12:03pm | 251TPG Inc (NASDAQ: TPG) has a robust business model, which is high growth, capital light and drives fee-related earnings, according to BofA Securities. The TPG Analyst: Craig Siegenthaler initiated coverage of TPG with a Buy rating and a price target of $47. The TPG Thesis: There is visibility into...
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5 Reasons Blue Owl Capital Should Generate Strong Earnings Growth
Monday, January 24, 2022 - 12:43pm | 279Although Blue Owl Capital Inc.’s (NYSE: OWL) stock has been underperforming, the company enjoys a high-growth, high-margin and capital-light business, according to BofA Securities. The Blue Owl Capital Analyst: Craig Siegenthaler initiated coverage of Blue Owl Capital with a Buy rating...
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Credit Suisse Upgrades Charles Schwab, Sees Path To $5 EPS
Tuesday, April 27, 2021 - 1:05pm | 398Charles Schwab Corporation (NYSE: SCHW) shares traded higher by 1% on Tuesday after the stock landed a high-profile analyst upgrade. The Analyst: On Tuesday, Credit Suisse analyst Craig Siegenthaler upgraded Charles Schwab from Neutral to Outperform and raised his price target from $74 to $86. The...
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Credit Suisse: TD Ameritrade's Stock Is Cheap
Wednesday, July 25, 2018 - 1:27pm | 342TD Ameritrade Holding Corp. (NASDAQ: AMTD) earnings are on the rise, and one Wall Street analyst says the stock’s valuation relative to peers is extraordinarily low. The Analyst Credit Suisse analyst Craig Siegenthaler upgraded TD Ameritrade from Underperform to Neutral and raised his price...
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'Better Late Than Never' To Buy T. Rowe Price, Analyst Says
Wednesday, May 16, 2018 - 11:00am | 364After "warming-up" to T. Rowe Price Group Inc (NASDAQ: TROW) over the past year, Credit Suisse is "finally pulling the trigger" on the stock. The Analyst Credit Suisse's Craig Siegenthaler upgraded T. Rowe Price from Neutral to Outperform with a price target lifted...
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Buy The Weakness In Invesco, Credit Suisse Analyst Says In Upgrade
Thursday, February 1, 2018 - 4:38pm | 419Independent investment manager Invesco Ltd. (NYSE: IVZ) shares are up just 3 percent over the past six months. But after the company reported fourth-quarter results Wednesday, one Wall Street analyst is suggesting investors take advantage of the recent weakness. The Analyst Credit...