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WBS

Webster Financial

$52.99

-1.745 (-3.19%)

07:34
04/18/19
04/18
07:34
04/18/19
07:34

Webster Financial reports Q1 EPS $1.06, consensus $1.01

Reports Q1 revenue $310.2M, may not compare to consensus $240.73M. Reports net interest margin of 3.74%, up 30 basis points.

  • 18

    Apr

  • 25

    Apr

  • 25

    Apr

WBS Webster Financial
$52.99

-1.745 (-3.19%)

09/18/18
09/18/18
DOWNGRADE

Equal Weight
Morgan Stanley downgrades BankUnited to Equal Weight on midcap bank concerns
As previously reported, Morgan Stanley analyst Ken Zerbe downgraded BankUnited to Equal Weight from Overweight, stating that recent commentary from other midcap banks has been incrementally more negative. Five midcap banks - Associated Banc-Corp (ASB), Comerica (CMA), KeyCorp (KEY), M&T Bank (MTB) and Webster Financial (WBS) - have recently guided for loan growth below expectations and several others flagged headwinds to growth, Zerbe tells investors. The primary headwind is weaker CRE loan growth as non-bank lenders remain highly aggressive with both price and terms, the analyst added. BankUnited's CRE portfolio, at 43% of total loans versus peers at 27%, could be at greater risk of runoff, said Zerbe. He also reduced his expectations at 21 of 28 midcap banks he covers and cut his EPS estimates for 18 of those 28 banks.
10/03/18
LEHM
10/03/18
UPGRADE
Target $69
LEHM
Overweight
Webster Financial upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Matthew Keating upgraded Webster Financial to Overweight while lowering his price target for the shares to $69 from $70.
10/03/18
LEHM
10/03/18
UPGRADE
Target $19
LEHM
Overweight
Barclays upgrades Fulton Financial, Webster Financial to Overweight
Barclays analyst Matthew Keating double upgraded Fulton Financial (FULT) to Overweight from Underweight and raised his price target for the shares to $19 from $18. The company is poised to exceed consensus earnings expectations in the second half of 2018 on greater than expected net interest margin expansion, controlled expenses, and a resumption of share repurchase activity, Keating tells investors in a research note. The analyst also upgraded Webster Financial (WBS) to Overweight from Equal Weight while lowering his price target for the shares to $69 from $70. He expects deposit growth at HSA Bank, the company's health savings account administration business, to "positively surprise." Webster investors not only gain exposure to a strengthening domestic economy, but also the defensive characteristics of the healthcare space, Keating contends.
12/10/18
SDLR
12/10/18
UPGRADE
Target $63
SDLR
Buy
Webster Financial upgraded to Buy from Hold at Sandler O'Neill
Sandler O'Neill analyst Mark Fitzgibbon upgraded Webster Financial to Buy from Hold, citing his view that the recent pullback in the stock seems overdone. The company fundamentals are strong, its HSA business gives Webster a "tremendous funding advantage relative to other banks," and the company is right-sized to continue taking market share, Fitzgibbon tells investors. He has a $63 price target on Webster Financial shares.

TODAY'S FREE FLY STORIES

LITE

Lumentum

$69.87

0.97 (1.41%)

06:40
12/12/19
12/12
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06:40
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Lumentum initiated  »

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HON

Honeywell

$176.09

2.1 (1.21%)

06:39
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06:39
Initiation
Honeywell initiated  »

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HD

Home Depot

$211.96

-3.88 (-1.80%)

06:39
12/12/19
12/12
06:39
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06:39
Downgrade
Home Depot rating change  »

With 'mixed…

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  • 25

    Feb

ETN

Eaton

$93.38

0.69 (0.74%)

06:35
12/12/19
12/12
06:35
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06:35
Initiation
Eaton initiated  »

Eaton initiated with a…

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WAL

Western Alliance

$54.03

-0.15 (-0.28%)

06:35
12/12/19
12/12
06:35
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06:35
Conference/Events
Western Alliance management to meet with UBS »

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  • 12

    Dec

PLCE

Children's Place

$54.36

-16.31 (-23.08%)

06:35
12/12/19
12/12
06:35
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06:35
Downgrade
Children's Place rating change  »

Children's Place…

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NSC

Norfolk Southern

$191.07

2.43 (1.29%)

06:34
12/12/19
12/12
06:34
12/12/19
06:34
Conference/Events
Norfolk Southern management to meet with UBS »

Meeting to be held in…

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  • 12

    Dec

EMR

Emerson

$75.75

1.21 (1.62%)

06:33
12/12/19
12/12
06:33
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06:33
Initiation
Emerson initiated  »

Emerson initiated with a…

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VERU

Veru

$2.47

0.17 (7.39%)

06:33
12/12/19
12/12
06:33
12/12/19
06:33
Earnings
Veru reports Q4 EPS (5c), consensus (5c) »

Reports Q4 revenue $8.7M,…

03/08/13
Wedge Partners
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Credit Suisse
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Citigroup
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  • 12

    Dec

TRKNY

Turk Telekom

$0.00

(0.00%)

06:31
12/12/19
12/12
06:31
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06:31
Downgrade
Turk Telekom rating change  »

Turk Telekom downgraded…

03/08/13
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03/08/13
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03/06/13
Citigroup
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Barclays

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AKZOY

AkzoNobel

$0.00

(0.00%)

06:30
12/12/19
12/12
06:30
12/12/19
06:30
Upgrade
AkzoNobel rating change  »

AkzoNobel upgraded to…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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CGNX

Cognex

$52.45

1.51 (2.96%)

06:30
12/12/19
12/12
06:30
12/12/19
06:30
Initiation
Cognex initiated  »

Cognex initiated with a…

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COLD

Americold Realty Trust

$35.03

-0.66 (-1.85%)

, INVH

Invitation Homes

$29.46

-0.42 (-1.41%)

06:29
12/12/19
12/12
06:29
12/12/19
06:29
Recommendations
Americold Realty Trust, Invitation Homes analyst commentary  »

Citi adds Americold…

COLD

Americold Realty Trust

$35.03

-0.66 (-1.85%)

INVH

Invitation Homes

$29.46

-0.42 (-1.41%)

03/08/13
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WSG

Wanda Sports

$2.82

-0.01 (-0.35%)

06:28
12/12/19
12/12
06:28
12/12/19
06:28
Downgrade
Wanda Sports rating change  »

Wanda Sports downgraded…

03/08/13
Wedge Partners
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GKOS

Glaukos

$57.32

-1.895 (-3.20%)

, SPNE

SeaSpine

$12.00

-0.58 (-4.61%)

06:27
12/12/19
12/12
06:27
12/12/19
06:27
Downgrade
Glaukos, SeaSpine, Merit Medical, Medtronic, Teleflex rating change  »

SeaSpine, Glaukos…

GKOS

Glaukos

$57.32

-1.895 (-3.20%)

SPNE

SeaSpine

$12.00

-0.58 (-4.61%)

MMSI

Merit Medical

$29.99

0.69 (2.35%)

MDT

Medtronic

$111.67

0.62 (0.56%)

TFX

Teleflex

$354.93

1.18 (0.33%)

03/08/13
Wedge Partners
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03/06/13
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  • 18

    Feb

REG

Regency Centers

$62.65

-1.6 (-2.49%)

06:27
12/12/19
12/12
06:27
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06:27
Downgrade
Regency Centers rating change  »

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WRI

Weingarten Realty

$31.03

-0.41 (-1.30%)

06:26
12/12/19
12/12
06:26
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06:26
Upgrade
Weingarten Realty rating change  »

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PLCE

Children's Place

$54.36

-16.31 (-23.08%)

06:25
12/12/19
12/12
06:25
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06:25
Downgrade
Children's Place rating change  »

Children's Place…

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O

Realty Income

$74.56

-1.08 (-1.43%)

06:24
12/12/19
12/12
06:24
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06:24
Upgrade
Realty Income rating change  »

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ADC

Agree Realty

$70.90

-1.34 (-1.85%)

06:23
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12/12
06:23
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06:23
Upgrade
Agree Realty rating change  »

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VICI

VICI Properties

$24.70

-0.17 (-0.68%)

06:22
12/12/19
12/12
06:22
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06:22
Upgrade
VICI Properties rating change  »

VICI Properties upgraded…

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03/06/13
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03/06/13
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UDR

UDR, Inc.

$46.80

-0.95 (-1.99%)

06:21
12/12/19
12/12
06:21
12/12/19
06:21
Upgrade
UDR, Inc. rating change  »

UDR, Inc. upgraded to Buy…

03/08/13
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  • 12

    Dec

DOC

Physicians Realty Trust

$18.64

-0.35 (-1.84%)

06:19
12/12/19
12/12
06:19
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06:19
Upgrade
Physicians Realty Trust rating change  »

Physicians Realty Trust…

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03/08/13
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03/06/13
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  • 12

    Dec

HR

Healthcare Realty Trust

$32.85

-0.59 (-1.76%)

06:18
12/12/19
12/12
06:18
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06:18
Upgrade
Healthcare Realty Trust rating change  »

Healthcare Realty Trust…

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03/08/13
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AMZN

Amazon.com

$1,749.00

9.85 (0.57%)

06:18
12/12/19
12/12
06:18
12/12/19
06:18
Periodicals
Amazon sells children's smartwatches that are 'so easy to hack,' BI reports »

Amazon sells…

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