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Analysts Launch Coverage On Fifth Street Asset Management As Traditional Banks Pull In Horns
Monday, November 24, 2014 - 7:01pm | 310Fifth Street Asset Management Inc (NASDAQ: FSAM) should see strong growth in its assets under management as traditional banks pull back from lending, an analyst said Monday. The Greenwich, Connecticut-based asset manager provides financing to companies with revenue between $25 million and $500...
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Sanford Bernstein: Allianz Missed The Boat With Its Pimco Unit
Saturday, September 27, 2014 - 11:12am | 276Allianz SE (OTC: AZSEY), the German-based financial services company, may have missed the boat with the departure of William Gross from its U.S. assent management unit Pimco. Gross quit his post as chief investment officer for Pimco Friday amid reports the 70-year-old celebrity asset manager...
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Credit Suisse Feels Positive On Affiliated Managers Group Following Investor Meetings
Tuesday, August 26, 2014 - 10:07am | 157In a report published Tuesday, Credit Suisse analyst Craig Siegenthaler reiterated an Outperform rating and $260.00 price target on Affiliated Managers Group (NYSE: AMG). In the report, Credit Suisse noted, “On 8/21/14, we hosted investor meetings at the Affiliated Managers Group's Prides Crossing...
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UPDATE: Credit Suisse Upgrades Eaton Vance Corp. on Organic Growth in a Low Growth World
Wednesday, October 23, 2013 - 11:13am | 111In a report published Wednesday, Credit Suisse analyst Craig Siegenthaler upgraded the rating on Eaton Vance Corp. (NYSE: EV) from Underperform to Outperform, and raised the price target from $40.00 to $46.00. In the report, Credit Suisse noted, “We are upgrading EV to Outperform from Underperform...
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UPDATE: Credit Suisse Downgrades AllianceBernstein to Neutral on Reduced Net Flow Outlook
Wednesday, July 3, 2013 - 10:05am | 114In a report published Wednesday, Credit Suisse analyst Craig Siegenthaler downgraded the rating on AllianceBernstein Holding LP (NYSE: AB) from Outperform to Neutral, and lowered the price target from $25.00 to $21.00. In the report, Credit Suisse noted, “We estimate the near-term retail rotation...
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Credit Suisse Sees FITB At $15 In A Year
Wednesday, December 2, 2009 - 7:30pm | 109Credit Suisse analyst Craig Siegenthaler said on CNBC's Fast Money that he is bullish on regional banks, as he believes that the loan losses suffered by these banks will begin to shrink. Credit Suisse also believes that regional banks won't need to raise new capital and once they start to cut on...