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CIT

CIT Group

$44.64

-0.98 (-2.15%)

08:01
08/13/19
08/13
08:01
08/13/19
08:01

CIT Group to host conference call

Conference call to discuss the definitive agreement to acquire Mutual of Omaha Bank will be held on August 13 at 8 am. Webcast Link

CIT CIT Group
$44.64

-0.98 (-2.15%)

01/25/19
OPCO
01/25/19
NO CHANGE
OPCO
Outperform
Bank stocks still 'resoundingly cheap,' says Oppenheimer
Oppenheimer analyst Chris Kotowski told investors in a research note that one reason he is so "incessantly bullish" on bank stocks is that investors "still so incessantly hate them." The stocks still remain resoundingly cheap at a 63% relative P/E multiple even though bank balance sheets are arguably the best they have ever been, and the business models decidedly less capital-intensive, he contends. He continues to recommend Outperform-rated Bank of America (BAC), CIT (CIT), Citi (C), Goldman (GS), Jefferies (JEF), Morgan Stanley (MS) and U.S. Bancorp (USB).
01/30/19
OPCO
01/30/19
NO CHANGE
Target $61
OPCO
Outperform
CIT Group price target raised to $61 from $49 at Oppenheimer
Oppenheimer analyst Chris Kotowski raised his price target for CIT Group to $61 from $49 following better than expected quarterly results. The analyst reiterates an Outperform rating on the shares.
04/24/19
OPCO
04/24/19
NO CHANGE
Target $71
OPCO
Outperform
CIT Group price target raised to $71 from $63 at Oppenheimer
Oppenheimer analyst Chris Kotowski raised his price target for CIT Group to $71 from $63 on higher earnings and a higher market multiple. The analyst notes that the first-quarter had "no noteworthy items" for the first time in memory. He reiterates an Outperform rating on the shares.
04/24/19
SBSH
04/24/19
NO CHANGE
Target $62
SBSH
Buy
CIT Group price target raised to $62 from $55 at Citi
Citi analyst Arren Cyganovich raised his price target for CIT Group to $62 from $55 citing an improved earnings outlook following the company's Q1 results. Fundamentals "appear to be in good shape, and the pause in rate hikes likely helps CIT given its higher-cost online deposit franchise positioning," Cyganovich tells investors in a research note. He reiterates a Buy rating on the stock.

TODAY'S FREE FLY STORIES

ONE

OneSmart

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WB

Weibo

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Weibo

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SINA

Sina

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1.97 (5.52%)

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TWTR

Twitter

$40.58

0.47 (1.17%)

04:55
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AVY

Avery Dennison

$113.94

2.305 (2.06%)

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CHH

Choice Hotels

$88.24

0.7 (0.80%)

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Choice Hotels management to meet with Morgan Stanley »

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PAYS

Paysign

$13.94

0.12 (0.87%)

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APHA

Aphria

$6.17

0.23 (3.87%)

04:55
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Conference/Events
Aphria management to meet with Seaport Global »

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MCO

Moody's

$214.29

4.42 (2.11%)

04:55
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Conference/Events
Moody's management to meet with MKM Partners »

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NCMGY

Newcrest Mining

$0.00

(0.00%)

04:55
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Conference/Events
Newcrest Mining management to meet with RBC Capital »

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NPO

EnPro

$61.93

2.13 (3.56%)

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EnPro management to meet with Oppenheimer »

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RMD

ResMed

$134.45

2.06 (1.56%)

04:55
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ResMed management to meet with UBS »

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ZNGA

Zynga

$5.56

0.025 (0.45%)

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Zynga management to meet with Wedbush »

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CCMP

Cabot Microelectronics

$122.73

4.24 (3.58%)

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QMCO

Quantum

$0.00

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GKOS

Glaukos

$63.02

2.385 (3.93%)

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BCEI

Bonanza Creek

$22.76

1.61 (7.61%)

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FFIN

First Financial

$31.15

0.78 (2.57%)

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SF

Stifel Financial

$52.18

0.925 (1.80%)

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AU

AngloGold

$21.04

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