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STT

State Street

$66.54

-0.175 (-0.26%)

07:03
01/11/19
01/11
07:03
01/11/19
07:03

State Street upgraded to Buy from Neutral at BofA/Merrill

BofA/Merrill analyst Michael Carrier upgraded State Street to Buy from Neutral and trimmed his price target to $77 from $79. Carrier said revenue headwinds are reflected in valuation while management is focused on integration and expense initiatives and markets are stabilizing.

  • 18

    Jan

STT State Street
$66.54

-0.175 (-0.26%)

01/08/19
EVER
01/08/19
UPGRADE
EVER
Outperform
State Street upgraded to Outperform from In Line at Evercore ISI
01/08/19
JEFF
01/08/19
DOWNGRADE
Target $91
JEFF
Hold
Jefferies cuts trust bank estimates, downgrades Northern Trust to Hold
Jefferies analyst Ken Usdin downgraded Northern Trust (NTRS) to Hold from Buy and lowered his price target for the shares to $91 from $121. The sharp Q4 decline in market levels weighs on trust banks' revenue estimates, Usdin tells investors in a research note. He downgraded Northern Trust with his 2020 earnings estimate now 7% below consensus. Trust bank valuations remain below historical averages, but slower organic growth and "less macro help" are challenges, says the analyst. He also lowered his price target for Hold-rated BNY Mellon (BK) to $50 and Hold-rated State Street (STT) to $70.
01/08/19
MSCO
01/08/19
NO CHANGE
MSCO
Morgan Stanley cuts large cap bank estimates, but says stocks 'still cheap'
Morgan Stanley analyst Betsy Graseck lowered her large cap bank EPS estimates by an average of 3% and cut her target P/E multiples in the group an average of 2% due to her expectations for lower market-based revenues, slower NIM growth, risks to luxury consumer spending in 2019 and the drop in 2018 M&A volumes. Given this, she lowered her price targets by a median 6%, lowering her target for Bank of America (BAC) to $40 from $42, for Citi (C) to $88 from $94 and for JPMorgan (JPM) to $149 from $153. However, as a group she thinks large cap bank stocks still look cheap, as they are largely pricing a recession, which is not her base case. In terms of her top picks, Graseck identifies Bank of America, JPMorgan and State Street (STT).
01/08/19
EVER
01/08/19
UPGRADE
EVER
Outperform
State Street upgraded to Outperform, shares 'super cheap,' says Evercore ISI
As previously reported, Evercore ISI upgraded State Street to Outperform from In Line and raised its price target to $79. Analyst Glenn Schorr said shares are down 44% from 52-week highs and are "super cheap." Schorr thinks competitive pressures can ease and notes State Street's efforts to keep expenses low while investing for growth and trying to become more relevant to clients. State Street shares should rest higher as new business wins come online, CRD integration progress shows through, and returns grind higher, the analyst wrote in a note to investors.

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AMZN

Amazon.com

$1,696.01

4.01 (0.24%)

07:54
01/22/19
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07:54
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07:54
Periodicals
Amazon launches direct sales of merchandise in Brazil, Reuters reports »

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    Jan

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STAA

STAAR Surgical

$35.10

0.59 (1.71%)

07:53
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07:53
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STAAR Surgical analyst commentary  »

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TPC

Tutor Perini

$18.33

0.5 (2.80%)

07:53
01/22/19
01/22
07:53
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07:53
Downgrade
Tutor Perini rating change  »

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INTU

Intuit

$213.94

2.23 (1.05%)

07:52
01/22/19
01/22
07:52
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07:52
Recommendations
Intuit analyst commentary  »

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  • 25

    Feb

BX

Blackstone

$32.91

0.28 (0.86%)

07:51
01/22/19
01/22
07:51
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07:51
Periodicals
Blackstone CEO doesn't think U.S. on verge of recession, CNBC reports »

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  • 31

    Jan

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    Feb

RDS.A

Royal Dutch Shell

$61.07

0.89 (1.48%)

07:50
01/22/19
01/22
07:50
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07:50
Downgrade
Royal Dutch Shell rating change  »

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DMAC

DiaMedica Therapeutics

$3.50

-0.16 (-4.37%)

07:50
01/22/19
01/22
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07:50
Hot Stocks
DiaMedica Therapeutics announces publication of paper on KLK1, AIS »

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ALXN

Alexion

$116.97

2.32 (2.02%)

07:49
01/22/19
01/22
07:49
01/22/19
07:49
Recommendations
Alexion analyst commentary  »

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  • 28

    Jan

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    Feb

SMTX

SMTC Corp.

$5.60

0.12 (2.19%)

07:49
01/22/19
01/22
07:49
01/22/19
07:49
Conference/Events
SMTC Corp. management to meet with B. Riley FBR »

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  • 23

    Jan

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    Jan

TIF

Tiffany

$89.85

4.6 (5.40%)

07:49
01/22/19
01/22
07:49
01/22/19
07:49
Recommendations
Tiffany analyst commentary  »

Tiffany price target…

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  • 22

    Jan

HTHT

Huazhu Group

$34.94

1.94 (5.88%)

07:49
01/22/19
01/22
07:49
01/22/19
07:49
Initiation
Huazhu Group initiated  »

Huazhu Group initiated…

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GHG

GreenTree Hospitality

$12.97

0.18 (1.41%)

07:49
01/22/19
01/22
07:49
01/22/19
07:49
Initiation
GreenTree Hospitality initiated  »

GreenTree Hospitality…

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TXMD

TherapeuticsMD

$5.10

-0.135 (-2.58%)

07:48
01/22/19
01/22
07:48
01/22/19
07:48
Conference/Events
TherapeuticsMD management to meet with Oppenheimer »

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  • 23

    Jan

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    Jan

ORTX

Orchard Therapeutics

$13.00

0.2 (1.56%)

07:48
01/22/19
01/22
07:48
01/22/19
07:48
Hot Stocks
Orchard Therapeutics announces OTL-300 data published »

Orchard Therapeutics…

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JEC

Jacobs Engineering

$62.51

1.99 (3.29%)

07:47
01/22/19
01/22
07:47
01/22/19
07:47
Hot Stocks
Jacobs Engineering awarded $93M contract for California WaterFix program »

Jacobs has been selected…

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  • 06

    Feb

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    Feb

STT

State Street

$71.19

0.07 (0.10%)

07:46
01/22/19
01/22
07:46
01/22/19
07:46
Recommendations
State Street analyst commentary  »

State Street price target…

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TOO

Teekay Offshore Partners

$1.42

0.07 (5.19%)

, TK

Teekay Corp.

$3.74

0.28 (8.09%)

07:46
01/22/19
01/22
07:46
01/22/19
07:46
Downgrade
Teekay Offshore Partners, Teekay Corp. rating change  »

Teekay Offshore Partners…

TOO

Teekay Offshore Partners

$1.42

0.07 (5.19%)

TK

Teekay Corp.

$3.74

0.28 (8.09%)

03/08/13
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OZK

Bank OZK

$32.07

4.47 (16.20%)

07:45
01/22/19
01/22
07:45
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07:45
Recommendations
Bank OZK analyst commentary  »

Bank OZK price target…

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ABMD

Abiomed

$333.74

3.69 (1.12%)

07:45
01/22/19
01/22
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07:45
Recommendations
Abiomed analyst commentary  »

Abiomed price target…

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  • 27

    Jan

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TGTX

TG Therapeutics

$4.51

0.095 (2.15%)

07:45
01/22/19
01/22
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07:45
Hot Stocks
TG Therapeutics announces breakthrough therapy designation for umbralisib »

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LXP

Lexington Realty

$9.01

0.01 (0.11%)

07:44
01/22/19
01/22
07:44
01/22/19
07:44
Upgrade
Lexington Realty rating change  »

Lexington Realty upgraded…

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CYTK

Cytokinetics

$6.83

-0.19 (-2.71%)

07:43
01/22/19
01/22
07:43
01/22/19
07:43
Hot Stocks
Cytokinetics announces FDA feedback for potential reldesemtiv program »

Cytokinetics announced…

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FDC

First Data

$22.94

0.99 (4.51%)

, FISV

Fiserv

$77.83

3.23 (4.33%)

07:42
01/22/19
01/22
07:42
01/22/19
07:42
Downgrade
First Data, Fiserv rating change  »

First Data downgraded to…

FDC

First Data

$22.94

0.99 (4.51%)

FISV

Fiserv

$77.83

3.23 (4.33%)

03/08/13
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  • 03

    Mar

SAIC

SAIC

$66.03

0.38 (0.58%)

07:42
01/22/19
01/22
07:42
01/22/19
07:42
Conference/Events
SAIC management to meet with Seaport Global »

Meeting to be held in…

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  • 23

    Jan

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    Jan

PSEC

Prospect Capital

$6.74

0.04 (0.60%)

07:41
01/22/19
01/22
07:41
01/22/19
07:41
Downgrade
Prospect Capital rating change  »

Prospect Capital…

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