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Athene Holding Upgraded On Zero Debt And Bullish Growth Forecast
Monday, June 19, 2017 - 1:36pm | 527Read More...Athene Holding Ltd (NYSE: ATH) has zero debt, $2.1 billion in cash and growth opportunities, according to Credit Suisse. Research analyst John Nadel upgraded the insurance holding company from Neutral to Outperform and raised the firm’s price target from $55 to $66. “We see the...
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Pros And Cons Of Investing In Ameriprise Financial
Friday, October 7, 2016 - 2:13pm | 383Read More...Credit Suisse started coverage on Ameriprise Financial, Inc. (NYSE: AMP) with a Neutral rating. Justifying the rating, the firm cited that it believes the company's strong cash flow could be offset by potential margin headwinds at its Advice & Wealth Management (A&WM) unit, but DOL...
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The Street Wonders If Metlife's Near-Term Catalysts Will Be Enough To Meet High Expectations
Friday, October 7, 2016 - 1:48pm | 219Read More...Credit Suisse wonders whether Metlife Inc (NYSE: MET) has enough catalysts to meet high expectations as it started coverage of the insurer with Neutral rating and $51 target price. Analyst John Nadel pointed out the following catalysts for Metlife: 1) "the separation of a portion of its...
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Net Investment Income Could Stay Under Pressure At Lincoln National
Friday, October 7, 2016 - 1:42pm | 222Read More...Credit Suisse initiated coverage of Lincoln National Corporation (NYSE: LNC) with Neutral rating and $57 target price, citing sustained low rates and DOL fiduciary rule. "[N]et investment income should continue to come under pressure as higher portfolio yields continue to roll off and...
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Credit Suisse Ducking Any Further Investment In Aflac, Initiates At Underperform
Friday, October 7, 2016 - 11:01am | 282Read More...Credit Suisse’s John Nadel initiated coverage of AFLAC Incorporated (NYSE: AFL) with an Underperform rating and a price target of $75, citing “recent share outperformance, likely ROE compression and pressure from low yields and higher hedging costs.” Shares Too Elevated...
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How The Dept. Of Labor's New Fiduciary Rule Could Affect American Equity Investment Life Holding
Friday, October 7, 2016 - 10:50am | 280Read More...While the DOL’s new fiduciary rule could impact the sales outlook for American Equity Investment Life Holding’s (NYSE: AEL) key product, the company has a “relatively thin capital cushion,” Credit Suisse’s John Nadel said in a report. He initiated coverage of...
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Credit Suisse Sees Voya Financial As A Top Pick
Friday, October 7, 2016 - 8:29am | 377Read More...Credit Suisse thinks there is enough room for Voya Financial Inc (NYSE: VOYA) to provide solid return on equity and believes the shares are undervalued currently. The firm expects the stock to provide about 29 percent upside potential. Therefore, the brokerage initiated the stock at an Outperform...
