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Block Re-Focuses On Cash App, 8 Analysts Provide Their Takeaways From Q4 Results
Friday, February 23, 2024 - 12:13pm | 904Block Inc (NYSE: SQ) Thursday reported its fourth-quarter results and issued full-year guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Keefe, Bruyette & Woods analyst Vasundhara Govil maintained a Market Perform rating, while...
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Affirm's Guidance Implies Slowdown In GMV Growth: 7 Analysts Examine Q2 Print
Friday, February 9, 2024 - 1:12pm | 952Shares of Affirm Holdings Inc (NASDAQ: AFRM) came under pressure in early trading on Friday, after rising sharply on the company’s upbeat results for the fiscal second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper...
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PayPal Stock Dives After Q4 Earnings: Management 'Set A Low Bar' For 2024, Says Analyst
Thursday, February 8, 2024 - 3:26pm | 931PayPal Holdings Inc (NASDAQ: PYPL) shares tanked in early trading on Thursday, even after the company reported better-than-expected fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper Sandler On PayPal Holdings...
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Affirm Holdings Boosts Profits Despite Choppy Macro: 5 Of 6 Analysts Revise Forecasts Post-FQ1
Thursday, November 9, 2023 - 1:21pm | 587Shares of Affirm Holdings Inc (NASDAQ: AFRM) were rallying on Thursday, along with some other popular stocks. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist Securities On Affirm Holdings Analyst Andrew Jeffrey maintained a...
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PayPal Q3 Is 'All About' New CEO's Vision: 5 Analysts Explore Earnings, Prospects
Thursday, November 2, 2023 - 11:14am | 627Shares of PayPal Holdings Inc (NASDAQ: PYPL) rose in early trading on Thursday, after the company reported its third-quarter (Q3) results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Piper Sandler analyst Kevin Barker reiterated...
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Why 2 Sofi Analysts Are Dropping Their Bullish Stances: Elevated Interest Rates A Possible 'Incremental Headwind'
Friday, June 16, 2023 - 11:40am | 406Shares of SoFi Technologies Inc (NASDAQ: SOFI) remained under pressure in early trading on Friday, after ending the previous session in the red, following a downgrade by Oppenheimer analysts. Piper Sandler On SoFi Technologies Analyst Kevin Barker downgraded the rating for SoFi Technologies from...
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Piper Jaffray Names US Bancorp Its 'Sleeper' Tax Cut Play
Friday, January 5, 2018 - 5:10pm | 502The tax bill signed into law by President Donald Trump will benefit some companies more than others, and analysts at Piper Jaffray identified a "sleeper pick" the firm said is flying under the radar: U.S. Bancorp (NYSE: USB) The Analyst Piper Jaffray's Kevin Barker upgraded U.S...
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Capital One Hit With New Sell Rating
Thursday, September 21, 2017 - 9:49am | 608Piper Jaffray said in a note Wednesday that Capital One Financial Corp. (NYSE: COF) is stuck in a cyclical downtrend, marked by intense competition eroding margins and credit loss rates continuing to move back toward historical levels. As such, Piper Jaffray initiated coverage of Capital One with...
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A Super ETF For Super-Regional Banks
Wednesday, November 25, 2015 - 9:18am | 569With 10-year Treasury yields higher by 9.1 percent over the past month, it is not surprising that regional bank stocks and exchange-traded funds, such as the SPDR KBW Regional Banking (ETF) (NYSE: KRE), are receiving renewed attention. Regional bank equities and ETFs are known for being positively...
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'Super-Regional' Banks? Piper Jaffray Is Getting Into Them
Tuesday, November 24, 2015 - 2:27pm | 882Kevin Barker of Piper Jaffray initiated coverage on "super-regional banks" with a positive bias. Barker noted the banks are "inexpensive" when compared to long-term risk premiums and book value multiples. The analyst's top pick in the space is Citizens Financial Group Inc (NYSE: CFG). "Super-...
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How The Street Is Reacting To JPMorgan's Earnings
Tuesday, July 14, 2015 - 1:43pm | 437JPMorgan Chase & Co. (NYSE: JPM) on Tuesday reported its second quarter results which were stronger than expected. Here is how Wall Street is reacting to the print so far. RBC: Consumer And Community Banking Results ‘Strong' Gerard Cassidy of RBC Capital Markets commented in a...
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Is Compass Point's Outlook On Regional Banks Too Good To Be True?
Monday, June 22, 2015 - 4:09pm | 537Are regional banks in a win-win situation? In a report published last week, Compass Point analyst Kevin Barker said that the industry was in a "Goldilocks scenario." Regional bank stocks would shoot up on an interest rate hike, according to the analyst. However, if rates stay "...
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Compass Point Believes 'Normalized' Is Still 2 Years Out For PHH
Thursday, February 19, 2015 - 11:14am | 246In a report published Thursday, Compass Point analyst Kevin Barker reiterated a Neutral rating and $23.00 price target on PHH Corporation (NYSE: PHH). In the report, Compass Point noted, "PHH managed to put up a decent operating result as the company kicked off its re-engineering and growth...
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Compass Point Sees Progress Continue For Citizens Financial Group
Tuesday, January 27, 2015 - 10:23am | 294In a report published Tuesday, Compass Point analyst Kevin Barker reiterated a Buy rating and $28.00 price target on Citizens Financial Group (NYSE: CFG). In the report, Compass Point noted, “CFG reported a decent 4Q result with operating EPS (CP estimate) of $0.39 which was a penny below our $0.40...
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Compass Point Lowers Price Target On U.S. Bancorp As Price Reflects Consistency
Thursday, January 22, 2015 - 9:18am | 277In a report published Thursday, Compass Point analyst Kevin Barker reiterated a Neutral rating on U.S. Bancorp (NYSE: USB), but lowered the price target from $43.00 to $42.00. In the report, Compass Point noted, “We maintain our Neutral rating and lower our price target to $42 from $43 following...