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BR

Broadridge

$112.45

-4.44 (-3.80%)

, UBS

UBS

$13.22

-0.4 (-2.94%)

07:02
10/25/18
10/25
07:02
10/25/18
07:02

Broadridge, UBS Americas form strategic partnership for wealth management tech

Broadridge Financial Solutions (BR) and UBS (UBS) announced an innovative strategic partnership where UBS Wealth Management USA will be the anchor client on Broadridge's new wealth management industry platform. The Broadridge Wealth Platform is a next-generation open platform that will solve a key financial services challenge by creating a modern, industry-level wealth management best-in-class technology solution. The platform enables wealth managers to drive their business to the next level while mutualizing investments in technology, innovation and security. With the Broadridge Wealth Platform, UBS WM USA will be able to deploy an integrated and modern front- to -back office solution that optimizes Financial Advisor productivity, creates a richer client experience, and digitizes enterprise-wide operations. Adopting an industry-standard, open solution will enable UBS to provide unique value to its advisors while sharing the cost of adapting to ongoing technology innovation, regulatory and industry change, and cybersecurity requirements.

BR

Broadridge

$112.45

-4.44 (-3.80%)

UBS

UBS

$13.22

-0.4 (-2.94%)

BR Broadridge
$112.45

-4.44 (-3.80%)

11/09/17
DADA
11/09/17
NO CHANGE
Target $86
DADA
Neutral
Broadridge price target raised to $86 from $80 at DA Davidson
DA Davidson analyst Peter Heckmann raised his price target on Broadridge to $86 and kept his Neutral rating following Q1 results. Heckmann estimates the company's organic revenue growth around 2%-3%, adding that while as much as 80% of its sales are "contractually recurring and fairly predictable", earnings variations are possible due to high-margin equity trade processing and event-driven proxy revenue streams.
07/17/18
WOLF
07/17/18
INITIATION
Target $128
WOLF
Peer Perform
Broadridge initiated with a Peer Perform at Wolfe Research
Wolfe Research analyst Darrin Peller started Broadridge with a Peer Perform rating and $128 price target.Target $128.
08/29/18
RHCO
08/29/18
INITIATION
Target $150
RHCO
Buy
Broadridge initiated with a Buy at SunTrust
SunTrust analyst Oscar Turner initiated Broadridge with a Buy rating and a price target of $150, saying the company will continue to gain "meaningful customer wallet share" and generate long-term mid-single-digit organic revenue growth. Turner adds that the operating leverage of Broadridge suggests "at least" high-single-digit EPS expansion that should be consistent through its current cycle. The analyst believes that the company's "enduring" competitive advantages are derived from " regulatory-driven demand, scale, and few substitute solutions".
08/29/18
08/29/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Weight Watchers (WTW) initiated with an Outperform at Oppenheimer. 2. Systemax (SYX) initiated with a Market Perform at William Blair. 3. Broadridge (BR) initiated with a Buy at SunTrust. 4. Mercury General (MCY) initiated with an Outperform at Keefe Bruyette. 5. Immune Design (IMDZ) initiated with a Buy at H.C. Wainwright. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
UBS UBS
$13.22

-0.4 (-2.94%)

01/18/18
FBCO
01/18/18
UPGRADE
FBCO
Outperform
Credit Suisse upgrades UBS after ultra high net worth market analysis
Credit Suisse analyst Jon Peace upgraded UBS to Outperform from Neutral and raised his price target for the shares to 22 francs from 17.50 francs. An analysis of global growth trends in the ultra high net worth market implies net new money growth could be near double current consensus, Peace tells investors in a research note. The analyst believes the end of tax regularization outflows in Q2 will see UBS Wealth deliver net new money at the top end of its 3%-5% guidance. Further, he believes the market is pricing in too low a probability of a buyback.
02/14/18
02/14/18
DOWNGRADE
Target $48

Hold
Luxoft downgraded to Hold on 'elongated turnaround' at Pivotal Research
As previously reported, Pivotal Research analyst Lou Miscioscia downgraded Luxoft (LXFT) to Hold from Buy, as he now expects most of FY19 to be "a struggle." He had expected the company's two biggest customers - namely Deutsche Bank (DB) and UBS (UBS) - to be about flat for FY19, but now they are suggested to be down 20% and 5%, respectively, Miscioscia said. Noting also that the company cut its FY18 guidance along with its Q3 report, the analyst lowered his price target on Luxoft to $48 from $70.
05/22/18
JPMS
05/22/18
NO CHANGE
JPMS
Overweight
UBS added to European Analyst Focus List at JPMorgan
JPMorgan analyst Kian Abouhossein added UBS to his firm's European Analyst Focus List saying the company's newly merged wealth management business is the best-positioned globally relative to peers. The analyst calls UBS his top pick in wealth management.
07/25/18
SOCG
07/25/18
UPGRADE
SOCG
Buy
UBS upgraded to Buy from Hold at Societe Generale
Societe Generale analyst Andrew Lim upgraded UBS to Buy and raised estimates to reflect modestly higher revenues and increasing momentum on buybacks.

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Deere

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Titan Machinery

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Deere

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Deere

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CTTAY

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CTVA

Corteva

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20:49
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UTX

United Technologies

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AMZN

Amazon.com

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GS

Goldman Sachs

$191.71

0.24 (0.13%)

DB

Deutsche Bank

$6.79

-0.07 (-1.02%)

BA

Boeing

$347.19

-1.54 (-0.44%)

RTN

Raytheon

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0.195 (0.11%)

MCK

McKesson

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-1.7 (-1.26%)

CAH

Cardinal Health

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ABC

AmerisourceBergen

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GM

General Motors

$35.66

-0.36 (-1.00%)

18:49
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T

AT&T

$32.36

0.06 (0.19%)

, CMCSA

Comcast

$42.31

0.62 (1.49%)

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T

AT&T

$32.36

0.06 (0.19%)

CMCSA

Comcast

$42.31

0.62 (1.49%)

CMCSK

Comcast

$0.00

(0.00%)

SNE

Sony

$51.42

1.735 (3.49%)

LGF.A

Lionsgate

$12.22

-0.85 (-6.50%)

DIS

Disney

$141.64

-0.09 (-0.06%)

VIAB

Viacom

$29.38

-0.28 (-0.94%)

VIA

Viacom

$34.61

0.14 (0.41%)

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GS

Goldman Sachs

$191.71

0.24 (0.13%)

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DB

Deutsche Bank

$6.79

-0.07 (-1.02%)

17:38
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Deutsche Bank to set up EUR50B bad bank, Financial Times reports »

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UAL

United Continental

$87.10

(0.00%)

16:35
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TGT

Target

$87.83

-0.48 (-0.54%)

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INTC

Intel

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BA

Boeing

$347.19

-1.54 (-0.44%)

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GS

Goldman Sachs

$191.71

0.24 (0.13%)

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BA

Boeing

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ESLT

Elbit Systems

$154.55

0.55 (0.36%)

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AMGN

Amgen

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SILK

Silk Road Medical

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EDIT

Editas Medicine

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SNSS

Sunesis

$0.90

-0.055 (-5.79%)

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APLS

Apellis

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-0.14 (-0.66%)

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FTSV

Forty Seven

$10.55

-0.02 (-0.19%)

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AZN

AstraZeneca

$39.68

-0.23 (-0.58%)

13:06
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STRO

Sutro Biopharma

$11.17

-0.34 (-2.95%)

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