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UPDATE: Credit Suisse Raises PT on Citigroup on Sources of Opportunity in International Markets
Tuesday, October 1, 2013 - 12:43pm | 118Read More...In a report published Tuesday, Credit Suisse analyst Moshe Orenbuch reiterated an Outperform rating on Citigroup (NYSE: C), and raised the price target from $60.00 to $65.00. In the report, Credit Suisse noted, “Continued growth in int'l markets will provide a source of revenue opportunity at...
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UPDATE: Credit Suisse Raises PT on Bank of America on Mixed Factors
Wednesday, August 21, 2013 - 10:26am | 113Read More...In a report published Wednesday, Credit Suisse analyst Moshe Orenbuch reiterated a Neutral rating on Bank of America Corp. (NYSE: BAC), and raised the price target from $13.00 to $14.00. In the report, Credit Suisse noted, “BAC has made good progress on its efficiency program ($8Bn cost saves)....
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What the Heck Are Loan Loss Reserves and Why Are Banks Making Money From Them?
Tuesday, July 16, 2013 - 11:28am | 754Read More...A key theme in the recent earnings releases from some of the nation's big banks has been the reduction in an accounting item called the loan loss reserves. Although this sounds like mere book keeping at first, loan loss reserves have contributed hundreds of millions to bank profits recently and...
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UPDATE: Credit Suisse Initiates Credit Acceptance Corp. with Neutral on Multiple Positive Factors
Wednesday, June 5, 2013 - 10:49am | 115Read More...In a report published Wednesday, Credit Suisse analyst Moshe Orenbuch initiated coverage on Credit Acceptance Corp. (NASDAQ: CACC) with a Neutral rating and $125.00 price target. In the report, Credit Suisse noted, “We are initiating coverage of CACC with a neutral rating and a target price of $...
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CS Analyst: Bank of America And JP Morgan To Do Well (BAC, JPM)
Wednesday, June 9, 2010 - 9:51am | 142Read More...Learn how to find the best stocks to trade each day in our 70 page E-Book and 90 minute online video for free. In an interview with CNBC, Moshe Orenbuch, research analyst and managing director at Credit Suisse, said that major banking stocks are likely to show low to mid-double digit returns by...
