Keefe Bruyette & Woods

The Vetr crowd downgraded their rating of D.R. Horton, Inc. (NYSE: DHI) on Wednesday, from its previous standing of five stars (Strong Buy) issued earlier this week, to three stars (Hold). Crowd confidence in Vertex is generally positive, with 66 percent of Vetr user ratings bullish....

Following the election, the Universal Banks outlook for 2017 and beyond now reflects higher interest rates, only modest benefits from deregulation and better trading results due to increased volatility, Keefe, Bruyette & Woods’ Brian Kleinhanzl said in a report. He raised the 2018 EPS...

LendingClub Corp (NYSE: LC) is set to report its third-quarter earnings Monday. Wall Street expects the online lending firm to report a loss of $0.07 a share versus a profit of $0.04 a share in the same quarter last year. In addition, the Street predicts revenue to fall 11.2 percent to $103.31...

Bank of New York Mellon Corp (NYSE: BK) reported robust results for Q3, while issuing a better earnings guidance going forward. Brian Kleinhanzl of Keefe, Bruyette & Woods upgraded the rating on the company from Market Perform to Outperform, while raising the price target from $48 to $50....

Brian Kleinhanzl of Keefe, Bruyette & Woods believes the current valuation of Wells Fargo & Co (NYSE: WFC) is not attractive enough to mitigate the uncertainties regarding revenue and expense that occur due to the changing sales culture in Consumer Banking. Kleinhanzl downgraded the rating...

In September, FB Financial Corporation (NYSE: FBK) completed its IPO to create Tennessee’s third-largest publicly traded bank. There is 14 percent upside from the company’s current share price, Keefe, Bruyette & Woods' Catherine Mealor said in a report. She initiated coverage of FB...

Following the 40 percent surge in Orrstown Financial Services (NASDAQ: ORRF) shares over the past 14 months, Michael Perito of Keefe, Bruyette & Woods believes the current valuation better reflects the company’s “ongoing fundamental momentum and recent progress in growing the...

Wells Fargo & Co (NYSE: WFC) is often considered the shining example of responsible behavior among a group of banking peers that were out of control during the time leading up to the Financial Crisis. However, a new $185 million fraud settlement has Keefe, Bruyette & Woods analyst Brian...

Keefe, Bruyette & Woods analyzed the bull and bear cases for Genworth Financial Inc (NYSE: GNW) after the stock gained due to its second-quarter EPS beat. However, the analysts maintain its Market Perform rating and $3.5 target price on the stock. The brokerage listed six points in favor of a...

More than two weeks after First Hawaiian Inc (NASDAQ: FHB) completed its 24.25 million IPO, which was priced at $23.00 a share, various brokerages have shared their mixed opinions toward the bank. Interestingly, at least seven brokerages have commented on and rated the company. The average price...

Jacquelynne Chimera of Keefe, Bruyette & Woods mentioned that First Hawaiian Inc (NASDAQ: FHB) is the oldest bank in Hawaii and has “has the characteristics of a “safe haven” institution.” Chimera initiated coverage of the company with a Market Perform rating and price...

For those of you looking to invest in fintech, this may be your best chance yet. Investment bank Keefe, Bruyette & Woods announced this week it has partnered with Nasdaq Inc (NASDAQ: NDAQ) to launch the first financial technology index. The KBW Nasdaq Financial Technology Index (NASDAQ:...