Breaking News Instant updates and real-time market news.

WFC

Wells Fargo

$52.12

0.7 (1.36%)

09:28
10/15/18
10/15
09:28
10/15/18
09:28

Wells Fargo price target raised to $65 from $61 at BMO Capital

BMO Capital analyst James Fotheringham raised his price target on Wells Fargo to $65 in spite of its Q3 revenue miss as he raises his FY19 EPS view by 1c to $5.23 to reflect lower expected credit costs. The analyst also notes that financials are "cheap again" in spite of the rising interest rates which are positive for net interest margins, better employment which is positive for credit, and regulatory relief which is positive for their capital position. Fotheringham also keeps his Market Perform rating on Wells Fargo, saying that while the bank's valuation is getting "cheap" for the first time since he launched coverage, better opportunities exist in other large-cap financials.

  • 17

    Oct

  • 21

    Oct

  • 13

    Jul

  • 12

    Oct

WFC Wells Fargo
$52.12

0.7 (1.36%)

10/15/18
10/15/18
UPGRADE
Target $62

Outperform
Wells Fargo upgraded to Outperform, visibility improving, says Macquarie
As previously reported, Macquarie upgraded Wells Fargo to Outperform from neutral with a $62 price target. Analyst David Konrad said Wells Fargo shares are trading at a 10% discount to peers and believes investors will warm up to the company's self-help story of meaningful expense savings over the next two years combined with better than peer buybacks. Konrad notes revenue growth will be challenging, but is encouraged by signs from consumers in the form of improved checking account and card growth, and moderating FA turnover.
10/15/18
MACQ
10/15/18
UPGRADE
MACQ
Outperform
Wells Fargo upgraded to Outperform from Neutral at Macquarie
09/28/18
UBSW
09/28/18
NO CHANGE
Target $63
UBSW
Buy
Wells Fargo app download data suggests no momentum slowdown, says UBS
UBS analyst Saul Martinez reassessed Wells Fargo client engagement and employee sentiment and found that app download data was encouraging and showed no slowdown in momentum. Employee sentiment, however, showed a material weakening. The analyst said meaningful improvements in earnings power and profitability require revenue to stabilize and the recent share weakness may be due to concerns that business momentum and top line growth will continue to lag. Martinez maintained his Buy rating and $63 price target on Wells Fargo shares.
09/25/18
WOLF
09/25/18
INITIATION
Target $71
WOLF
Outperform
Wells Fargo initiated with an Outperform at Wolfe Research
Wolfe Research analyst Steven Chubak initiated Wells Fargo with an Outperform and $71 price target.

TODAY'S FREE FLY STORIES

MCD

McDonald's

$209.85

1.365 (0.65%)

08:02
10/22/19
10/22
08:02
10/22/19
08:02
Hot Stocks
McDonald's reports Q3 systemwide sales up 5% to $26B »

Systemwide sales…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

BIVI

BioVie

$0.00

(0.00%)

08:01
10/22/19
10/22
08:01
10/22/19
08:01
Hot Stocks
BioVie submits protocol for Phase 2b/3 refractory ascites study to FDA »

BioVie announced that it…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CBNK

Capital Bancorp

$13.53

0.27 (2.04%)

08:00
10/22/19
10/22
08:00
10/22/19
08:00
Earnings
Capital Bancorp reports Q3 EPS 32c, consensus 30c »

"The third quarter…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Nov

MCD

McDonald's

$209.85

1.365 (0.65%)

08:00
10/22/19
10/22
08:00
10/22/19
08:00
Hot Stocks
Breaking Hot Stocks news story on McDonald's »

McDonald's reports…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

JBLU

JetBlue

$17.54

0.59 (3.48%)

08:00
10/22/19
10/22
08:00
10/22/19
08:00
Options
JetBlue call buyer realizes 43% same-day gains »

Notable profits for the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 10

    Nov

08:00
10/22/19
10/22
08:00
10/22/19
08:00
Conference/Events
UBS tech analyst/industry conference call has a time change »

TIME CHANGE: Technology…

MCD

McDonald's

$209.85

1.365 (0.65%)

07:59
10/22/19
10/22
07:59
10/22/19
07:59
Hot Stocks
McDonald's reports Q3 global comparable sales increased 5.9% »

Strong, global comparable…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

MCD

McDonald's

$209.85

1.365 (0.65%)

07:59
10/22/19
10/22
07:59
10/22/19
07:59
Earnings
McDonald's reports Q3 EPS $2.11, consensus $2.21 »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

MIK

Michaels

$9.86

0.22 (2.28%)

07:57
10/22/19
10/22
07:57
10/22/19
07:57
Hot Stocks
Michaels appoints Mark Cosby as CEO »

Michaels announced that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TEUM

Pareteum

$0.74

-0.0948 (-11.42%)

07:57
10/22/19
10/22
07:57
10/22/19
07:57
Downgrade
Pareteum rating change  »

Pareteum downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Nov

HAL

Halliburton

$19.60

1.16 (6.29%)

07:56
10/22/19
10/22
07:56
10/22/19
07:56
Recommendations
Halliburton analyst commentary  »

Halliburton guidance…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Nov

HAL

Halliburton

$19.60

1.16 (6.29%)

07:55
10/22/19
10/22
07:55
10/22/19
07:55
Recommendations
Halliburton analyst commentary  »

Halliburton price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Nov

07:55
10/22/19
10/22
07:55
10/22/19
07:55
General news
U.S. chain store sales rebounded 3.1% in the October 19 week »

U.S. chain store sales…

07:55
10/22/19
10/22
07:55
10/22/19
07:55
General news
FX Action: USD-CAD »

FX Action: USD-CAD…

FBP

First BanCorp

$10.24

-0.015 (-0.15%)

07:54
10/22/19
10/22
07:54
10/22/19
07:54
Earnings
First BanCorp reports Q3 EPS 21c, consensus 19c »

Reports Q3 book value per…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 13

    Nov

SGEN

Seattle Genetics

$100.86

13.44 (15.37%)

07:53
10/22/19
10/22
07:53
10/22/19
07:53
Recommendations
Seattle Genetics analyst commentary  »

Seattle Genetics price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Oct

  • 07

    Dec

LNXSF

Lanxess

$0.00

(0.00%)

07:51
10/22/19
10/22
07:51
10/22/19
07:51
Downgrade
Lanxess rating change  »

Lanxess downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GNW

Genworth

$4.31

0.01 (0.23%)

07:51
10/22/19
10/22
07:51
10/22/19
07:51
Hot Stocks
Genworth receives feedback from Canadian regulators regarding transaction »

Genworth Financial…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Oct

TREE

LendingTree

$317.86

3.4 (1.08%)

07:48
10/22/19
10/22
07:48
10/22/19
07:48
Recommendations
LendingTree analyst commentary  »

LendingTree price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Oct

  • 13

    Nov

  • 19

    Nov

EQM

EQT Midstream Partners

$32.99

-0.2 (-0.60%)

, EQT

EQT Corporation

$9.54

-0.175 (-1.80%)

07:48
10/22/19
10/22
07:48
10/22/19
07:48
Hot Stocks
EQT Midstream Partners-owned MVP says project work will be 90% complete by 2020 »

Mountain Valley announced…

EQM

EQT Midstream Partners

$32.99

-0.2 (-0.60%)

EQT

EQT Corporation

$9.54

-0.175 (-1.80%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 31

    Oct

  • 05

    Nov

SNN

Smith & Nephew

$43.65

-4.165 (-8.71%)

07:48
10/22/19
10/22
07:48
10/22/19
07:48
Recommendations
Smith & Nephew analyst commentary  »

Smith & Nephew CEO…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VMC

Vulcan Materials

$146.64

0.5 (0.34%)

07:47
10/22/19
10/22
07:47
10/22/19
07:47
Initiation
Vulcan Materials initiated  »

Vulcan Materials…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 06

    Nov

BBIO

BridgeBio

$18.54

0.29 (1.59%)

07:47
10/22/19
10/22
07:47
10/22/19
07:47
Hot Stocks
BridgeBio announces presentation of data from subsidiaries studies »

BridgeBio Pharma…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TEL

TE Connectivity

$93.74

0.885 (0.95%)

07:45
10/22/19
10/22
07:45
10/22/19
07:45
Initiation
TE Connectivity initiated  »

TE Connectivity initiated…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Oct

MBRX

Moleculin Biotech

$1.07

-0.005 (-0.47%)

07:45
10/22/19
10/22
07:45
10/22/19
07:45
Hot Stocks
Moleculin Biotech raises Annamycin production »

Moleculin Biotech…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.