Information Provided By:
Fly News Breaks for April 6, 2018
AMTD
Apr 6, 2018 | 07:42 EDT
Rosenblatt analyst Chris Allen raised TD Ameritrade's Q2 earnings estimate to $76c from 69c, FY18 to $3.13 from $2.99, and FY19 to $4.00 from $3.82 driven by increased trading volumes and higher rates in the near-term. The analyst sees upside to Street Q2 estimates and looking forward, without even factoring in Scottrade revenue synergies and notes Scottrade customers have already begun to explore Ameritrade option capabilities. Allen reiterated his Buy rating on TD Ameritrade and increased his price target to $65 saying he expects accelerating earnings growth, a solid fundamental backdrop, and improving capital returns to drive shares higher.
News For AMTD From the Last 2 Days
There are no results for your query AMTD