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Analysts Mostly Bullish On Newly Public Insurance Firm BRP Group
Monday, November 18, 2019 - 1:23pm | 534Read More...Several analysts started coverage of public insurance distribution firm BRP Group Inc. (NASDAQ: BRP) bullish, citing strong revenue growth and expectations of beneficial consolidation. The Analysts Bank of America’s Jay Cohen initiated coverage with a Buy rating and $20 price target. Wells...
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Jefferies: MarketAxess Has Balanced Risk-Reward, Potential For Market Share Gains
Wednesday, August 1, 2018 - 4:06pm | 348Read More...Shares of fixed-income trading platforms operator MarketAxess Holdings Inc. (NASDAQ: MKTX) have lost around 8 percent since the company's second-quarter report July 25. The Analyst Jefferies' Daniel Fannon initiated coverage of MarketAxess Holdings with a Hold rating and...
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Jefferies Starts BATS At Hold, Looking For More Attractive Entry Point
Tuesday, May 10, 2016 - 1:28pm | 416Read More...Jefferies initiated coverage of BATS Global Markets, Inc. (BATS: BATS) with a Hold rating and $28 price target, saying that the exchange operator's strong fundamentals and future growth is already priced in to the shares. "BATS represents a solid growth story with exposure to attractive end markets...
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Jefferies Downgrades Artisan Partners To Hold, Growth 'Unlikely' This Year
Monday, January 11, 2016 - 1:58pm | 238Read More...On Monday Jefferies issued a company report on Artisan Partners Asset Management Inc. (NYSE: APAM) after investment performance has come below expectations. Jefferies downgraded Artisan Partners from Buy to Hold and lowered their price target from $43 to $34. Surinder Thind and Daniel Fannon,...
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Jefferies Says Legg Mason Is Moving From 'Defense To Offense,' Upgrades To Buy
Wednesday, February 18, 2015 - 12:39pm | 205Read More...In a report published Wednesday, Jefferies analyst Daniel Fannon upgraded shares of Legg Mason Inc (NYSE: LM) to Buy from Hold with a price target raised to $67 from a previous $50 given the company's "strong" growth outlook and diversified portfolio. Fannon wrote that Legg Mason has recorded $11...
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Jefferies Initiates Coverage On Discount Broker Industry
Monday, July 14, 2014 - 2:23pm | 383Read More...In a note released Monday morning, Jefferies analyst Daniel Fannon initiated coverage on three big names in the discount broker industry. Charles Schwab (NYSE: SCHW) - Buy, $35 price target. "Charles Schwab represents one of the premier asset gathering franchises within all of financial...
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Jefferies Lowers EPS Outlook on Financials Sector
Monday, January 13, 2014 - 1:51pm | 354Read More...In a report released Monday morning by Jefferies, analyst Daniel Fannon emphasizes that 4Q13 estimates for Financials sector have been lowered, citing volumes not meeting expectations. The report noted, "Daily volume averages were generally below our expectations during the quarter, the one...
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Jefferies & Company Inc. Raises Price Target For CME Group Inc. (CME)
Friday, April 30, 2010 - 4:12pm | 80Read More...Analyst Daniel Fannon at Jefferies & Company Inc. has released an update on CME Group Inc. (NASDAQ: CME). The company reported its first-quarter results on Thursday. CME Group reported first-quarter GAAP EPS of $3.62. Following the first-quarter results, Jefferies & Company has raised its...
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Fortress Investment Group’s (FIG) Price Target Lowered
Friday, February 26, 2010 - 8:22pm | 83Read More...Analyst Daniel Fannon at Jefferies & Company, Inc. has lowered the price target for Fortress Investment Group LLC (NYSE: FIG) from $5 to $4.50. According to Jefferies, the industry trends for Fortress are improving, however the outlook for fee generation remains uncertain, and investment...
