James Fotheringham

Shares of Ally Financial Inc (NYSE:ALLY) remained under pressure on Thursday, after declining in the prior session amid a broader downturn in Wall Street stocks. Ally Financial reported results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On Ally...

American Express Company (NYSE:AXP) reported its first-quarter results, with 6% year-on-year card member spending growth. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. BMO Capital Markets On American Express Analyst James Fotheringham...

Goldman Sachs Group Inc (NYSE: GS) and other financial stocks have been in focus as some of the sector’s biggest banks report first-quarter results. Here are some key analyst takeaways from Goldman Sachs’ release. Argus Research analyst Stephen Biggar upgraded the rating to Buy, while...

Shares of Morgan Stanley (NYSE: MS) declined in pre-market trading on Wednesday, after the company reported a decline in its fourth-quarter net profit. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. BMO Capital Markets analyst...

Shares of Goldman Sachs Group Inc (NYSE:GS) are trading higher into Thursday’s session following the bank’s second-quarter earnings print, which showed its weakest quarterly profits since the early stages of the COVID-19 pandemic-induced recession in 2020, and a host of analyst...

Bank of America Corp (NYSE:BAC) on Tuesday issued second-quarter earnings which beat consensus estimates as the company — like all banks — brought in more interest income amid the Federal Reserve's latest rate hike campaign. By The Numbers: Bank of America issued earnings of 88...

Goldman Sachs Group Inc. (NYSE: GS) reported a decline in sales and earnings for the third quarter, although both metrics topped Street expectations. JMP Securities Analyst Devin Ryan reiterated a Market Outperform rating and price target of $470. The bank’s quarterly print was “solid...

JPMorgan Chase & Co. (NYSE: JPM) reported its second-quarter revenues at $30.7 billion, missing Street expectations of $31.81 billion, and earnings of $2.76 per share, short of the consensus estimate of $2.92 per share. RBC Capital Markets On JPMorgan: Analyst Gerard Cassidy maintained an...

Shares of PayPal Holdings Inc (NASDAQ: PYPL) gained 11% on Thursday after the company reported a revenue beat but cut its 2022 guidance. On Wednesday, PayPal reported adjusted first-quarter EPS of 88 cents, in-line with analyst estimates. Revenue for the quarter was $6.5 billion, ahead of consensus...

Mastercard Inc (NYSE: MA)’s strong first-quarter print is charging up the sell-side, with several analysts raising price expectations for the credit card network.  Mastercard reported adjusted earnings of $1.78 per share Tuesday that topped estimates by more than a dime and were up...

Shares of big U.S. banks Wells Fargo & Co (NYSE: WFC) and JPMorgan Chase & Co. (NYSE: JPM) headed in different directions Friday after the banks reported mixed first-quarter earnings. Wells Fargo told investors that a lower interest rate outlook, flatter yield curve and tightening loan...

With the Financial Select Sector SPDR Fund (NYSE: XLF) down about 2.6 percent year-to-date, the perfect storm of rising interest rates, a booming economy and banking deregulation hasn’t delivered the bank stock returns for which many investors hoped. After some strong returns in previous...

With Citigroup Inc (NYSE: C) shares up more than 54 percent in the past year, BMO Capital Markets is finally closing out a profitable two-year big bank pair trade by downgrading Citigroup from Outperform to Market Perform and upgrading Wells Fargo & Co (NYSE: WFC) from Underperform to Market...

BMO Capital Markets thinks that while Goldman Sachs Group Inc (NYSE: GS) delivered positive EPS surprise of 24 percent in the third quarter, the brokerage continues to favor Citigroup Inc (NYSE: C) and Morgan Stanley (NYSE: MS) shares. The firm retains the Market Perform rating but slashed its...