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Hot Stocks
AllianceBernstein reports preliminary AUM $576B as of April 30 » 16:56
05/11/20
05/11
16:56
05/11/20
16:56
AB

AllianceBernstein

$22.45 /

-0.28 (-1.23%)

AllianceBernstein…

AllianceBernstein announced that preliminary assets under management increased to $576B during April 2020 from $542B at the end of March. The 6.3% increase was due to market appreciation, as well as firmwide net inflows. By channel, Retail and Institutions experienced positive net flows, while Private Wealth experienced outflows. April month-end AUM also reflected $0.3 billion in outflows resulting from AXA S.A.'s redemption of certain low-fee fixed income mandates.

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AB AllianceBernstein
$22.45 /

-0.28 (-1.23%)

03/23/20 BofA
BofA cuts Apollo, Carlyle, AllianceBernstein and upgrades Charles Schwab
03/23/20 BofA
AllianceBernstein downgraded to Neutral from Buy at BofA
01/13/20 Citi
Citi opens '90 Day Positive Catalyst Watch' on Sculptor Capital
01/06/20 Wells Fargo
AXA Equitable upgraded to Overweight at Wells Fargo
Earnings
AllianceBernstein reports Q1 EPU 64c, consensus 59c » 06:27
04/28/20
04/28
06:27
04/28/20
06:27
AB

AllianceBernstein

$21.02 /

+0.83 (+4.11%)

Reports Q1 revenue…

Reports Q1 revenue $743.8M, consensus $718.42M. Reports Q1 ending AUM $541.8B. "First quarter results reflected the strength of AB's diversified, global platform and the committed efforts of our talented team members during a turbulent period," CEO Seth Bernstein said. "Despite sharp declines in markets in March, driven by the uncertain economic impact of the novel coronavirus, we generated solid year-over-year revenue growth and expanded operating margins. Both our institutional channel and active equity platform grew organically in the quarter, with our pipeline of institutional mandates reaching record levels. Investment performance was mixed; while active equities improved, fixed income lagged notably behind expectations, as most strategies maintained a strategic overweight to credit sectors. Bernstein Research had a very strong quarter as higher market volatility drove robust global trading volumes."

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AB AllianceBernstein
$21.02 /

+0.83 (+4.11%)

03/23/20 BofA
BofA cuts Apollo, Carlyle, AllianceBernstein and upgrades Charles Schwab
03/23/20 BofA
AllianceBernstein downgraded to Neutral from Buy at BofA
01/13/20 Citi
Citi opens '90 Day Positive Catalyst Watch' on Sculptor Capital
01/06/20 Wells Fargo
AXA Equitable upgraded to Overweight at Wells Fargo
Over a month ago
Periodicals
Fed intervention in March saved Carnival, WSJ reports » 16:24
04/26/20
04/26
16:24
04/26/20
16:24
CCL

Carnival

$11.93 /

-0.21 (-1.73%)

, APO

Apollo Global

$39.00 /

+0.91 (+2.39%)

, AB

AllianceBernstein

$20.19 /

+0.625 (+3.19%)

, JPM

JPMorgan

$90.65 /

+1.36 (+1.52%)

It was mid-March and the…

It was mid-March and the vultures were circling Carnival (CCL), and the company needed billions of dollars fast, The Wall Street Journal's Matt Wirz reports. With financial markets frozen, executives were forced to consider a high-interest loan from a band of hedge funds who called themselves "the consortium." The group included Apollo Management (APO), Elliott Management and other distressed-debt investors that sometimes take over the companies they lend to, the authors notes, citing people familiar with the matter. That all changed on March 23 when the Federal Reserve defibrillated bond markets with an unprecedented lending program. Within days, Carnival's investment bankers at JPMorgan (JPM) were talking to conventional investors such as AllianceBernstein (AB) and Vanguard about a deal, Wirz adds. By April 1, the company had raised almost $6B in bond markets, paying rates far below those executives had discussed just days earlier. Reference Link

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CCL Carnival
$11.93 /

-0.21 (-1.73%)

04/23/20 Stifel
Stifel calls Royal best positioned cruise operator, ups target to $48
04/20/20 JPMorgan
Carnival price target lowered to $16 from $54 at JPMorgan
04/12/20 Stifel
Stifel cuts Carnival target to $17, says not bankruptcy candidate
04/08/20 Nomura Instinet
Carnival price target lowered to $16 from $23 at Nomura Instinet
APO Apollo Global
$39.00 /

+0.91 (+2.39%)

04/17/20 BMO Capital
BlackRock price target raised to $441 from $386 at BMO Capital
04/15/20 Wells Fargo
Apollo Global price target lowered to $50 from $61 at Wells Fargo
03/23/20 BofA
BofA cuts Apollo, Carlyle, AllianceBernstein and upgrades Charles Schwab
03/23/20 BofA
Apollo Global downgraded to Neutral from Buy at BofA
AB AllianceBernstein
$20.19 /

+0.625 (+3.19%)

03/23/20 BofA
AllianceBernstein downgraded to Neutral from Buy at BofA
01/13/20 Citi
Citi opens '90 Day Positive Catalyst Watch' on Sculptor Capital
01/06/20 Wells Fargo
AXA Equitable upgraded to Overweight at Wells Fargo
JPM JPMorgan
$90.65 /

+1.36 (+1.52%)

04/15/20 DA Davidson
JPMorgan price target raised to $97 from $91 at DA Davidson
04/15/20 BMO Capital
JPMorgan price target lowered to $101 from $117 at BMO Capital
04/15/20 Odeon Capital
JPMorgan downgraded to Hold from Buy at Odeon Capital
04/14/20 Societe Generale
Societe Generale double upgrades five global I-banks ahead of 'next bull run'
Hot Stocks
AllianceBernstein reports preliminary AUM $542B as of March 31 » 16:21
04/13/20
04/13
16:21
04/13/20
16:21
AB

AllianceBernstein

$20.29 /

-1.7 (-7.73%)

AllianceBernstein…

AllianceBernstein announced that preliminary assets under management decreased to $542B during March from $614B at the end of February. The 11.7% decrease resulted predominantly from sharp market declines as well as net outflows from all three client channels - Retail, Institutions, and Private Wealth.

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AB AllianceBernstein
$20.29 /

-1.7 (-7.73%)

03/23/20 BofA
BofA cuts Apollo, Carlyle, AllianceBernstein and upgrades Charles Schwab
03/23/20 BofA
AllianceBernstein downgraded to Neutral from Buy at BofA
01/13/20 Citi
Citi opens '90 Day Positive Catalyst Watch' on Sculptor Capital
01/06/20 Wells Fargo
AXA Equitable upgraded to Overweight at Wells Fargo
Recommendations
BofA cuts Apollo, Carlyle, AllianceBernstein and upgrades Charles Schwab » 06:29
03/23/20
03/23
06:29
03/23/20
06:29
APO

Apollo Global

$26.88 /

-3.04 (-10.16%)

, AB

AllianceBernstein

$17.12 /

-2.935 (-14.64%)

, CG

Carlyle Group

$19.34 /

-0.66 (-3.30%)

, SCHW

Charles Schwab

$30.75 /

-1.045 (-3.29%)

BofA analyst Michael…

BofA analyst Michael Carrier downgraded Apollo Global (APO) and AllianceBernstein (AB) to Neutral from Buy while also cutting Carlyle Group (CG) to Underperform from Neutral citing his expected impact of the assumed recession scenario on earnings and valuations in stocks. The analyst is positive on Charles Schwab (SCHW) however, upgrading the shares to Buy from Neutral given its "quality" brand, strong relative organic growth, rising cash balances, and upcoming deal synergies in TD Ameritrade merger.

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APO Apollo Global
$26.88 /

-3.04 (-10.16%)

03/23/20 BofA
Apollo Global downgraded to Neutral from Buy at BofA
02/28/20 DA Davidson
DA Davidson skeptical Tutor Perini CEO would look to sell
02/19/20 RBC Capital
Athene Holding price target raised to $60 from $55 at RBC Capital
02/19/20 SunTrust
Athene Holding price target raised to $61 from $52 at SunTrust
AB AllianceBernstein
$17.12 /

-2.935 (-14.64%)

03/23/20 BofA
AllianceBernstein downgraded to Neutral from Buy at BofA
01/13/20 Citi
Citi opens '90 Day Positive Catalyst Watch' on Sculptor Capital
01/06/20 Wells Fargo
AXA Equitable upgraded to Overweight at Wells Fargo
12/06/19 Citi
AllianceBernstein has two pathways to $40 per share, says Citi
CG Carlyle Group
$19.34 /

-0.66 (-3.30%)

03/23/20 BofA
Carlyle Group downgraded to Underperform from Neutral at BofA
02/06/20
Fly Intel: Top five analyst downgrades
02/06/20 Citi
Carlyle Group downgraded to Neutral from Buy at Citi
02/05/20 Keefe Bruyette
Carlyle Group downgraded to Market Perform from Outperform at Keefe Bruyette
SCHW Charles Schwab
$30.75 /

-1.045 (-3.29%)

03/23/20 BofA
Charles Schwab upgraded to Buy from Neutral at BofA
03/06/20 Wells Fargo
Wells Fargo cuts price targets for brokers on lower interest rate environment
03/04/20 Citi
Raymond James downgraded to Sell from Neutral at Citi
01/28/20 Deutsche Bank
Deutsche Bank initiates 'Buy Catalyst Call' on Charles Schwab
Downgrade
AllianceBernstein downgraded to Neutral from Buy at BofA » 06:22
03/23/20
03/23
06:22
03/23/20
06:22
AB

AllianceBernstein

$17.12 /

-2.935 (-14.64%)

BofA analyst Michael…

BofA analyst Michael Carrier downgraded AllianceBernstein to Neutral from Buy.

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AB AllianceBernstein
$17.12 /

-2.935 (-14.64%)

01/13/20 Citi
Citi opens '90 Day Positive Catalyst Watch' on Sculptor Capital
01/06/20 Wells Fargo
AXA Equitable upgraded to Overweight at Wells Fargo
12/06/19 Citi
AllianceBernstein has two pathways to $40 per share, says Citi
10/25/19 Citi
Citi recommends pair trade of long AllianceBernstein, short Invesco
Hot Stocks
AllianceBernstein reports February preliminary AUM down 2.4% to $614B » 16:21
03/10/20
03/10
16:21
03/10/20
16:21
AB

AllianceBernstein

$29.55 /

+1.97 (+7.14%)

AllianceBernstein and…

AllianceBernstein and AllianceBernstein Holding announced that preliminary assets under management, or AUM, decreased to $614B during February from $629B at the end of January. The 2.4% decline was due to market depreciation, partially offset by total firmwide net inflows into all three distribution channels - Retail, Institutions and Private Wealth.

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AB AllianceBernstein
$29.55 /

+1.97 (+7.14%)

01/13/20 Citi
Citi opens '90 Day Positive Catalyst Watch' on Sculptor Capital
01/06/20 Wells Fargo
AXA Equitable upgraded to Overweight at Wells Fargo
12/06/19 Citi
AllianceBernstein has two pathways to $40 per share, says Citi
10/25/19 Citi
Citi recommends pair trade of long AllianceBernstein, short Invesco
Over a quarter ago
Conference/Events
The ISDA and SIFMA to hold a forum » 08:19
02/12/20
02/12
08:19
02/12/20
08:19
AB

AllianceBernstein

$34.96 /

+0.215 (+0.62%)

, BAC

Bank of America

$34.78 /

+0.085 (+0.25%)

, BK

BNY Mellon

$46.41 /

-0.06 (-0.13%)

, BLK

BlackRock

$570.26 /

+9.48 (+1.69%)

, C

Citi

$79.09 /

+0.59 (+0.75%)

, CME

CME Group

$211.68 /

-1.63 (-0.76%)

, FNMA

Fannie Mae

$0.00 /

+ (+0.00%)

, GS

Goldman Sachs

$236.42 /

-0.91 (-0.38%)

, JPM

JPMorgan

$137.98 /

+0.24 (+0.17%)

, MET

MetLife

$52.38 /

+0.48 (+0.92%)

, MS

Morgan Stanley

$55.78 /

+0.43 (+0.78%)

, PRU

Prudential

$95.85 /

+0.965 (+1.02%)

, SCGLY

Societe Generale

$0.00 /

+ (+0.00%)

, WFC

Wells Fargo

$47.99 /

+0.21 (+0.44%)

International Swaps and…

International Swaps and Derivatives Association (ISDA) and the Securities Industry and Financial Markets Association (SIFMA) to hold Benchmark Strategies Forum 2020 in New York on February 12.

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AB AllianceBernstein
$34.96 /

+0.215 (+0.62%)

01/13/20 Citi
Citi opens '90 Day Positive Catalyst Watch' on Sculptor Capital
01/06/20 Wells Fargo
AXA Equitable upgraded to Overweight at Wells Fargo
12/06/19 Citi
AllianceBernstein has two pathways to $40 per share, says Citi
10/25/19 Citi
Citi recommends pair trade of long AllianceBernstein, short Invesco
BAC Bank of America
$34.78 /

+0.085 (+0.25%)

01/21/20
Fly Intel: Top five analyst downgrades
01/21/20 Atlantic Equities
Atlantic Equities downgrades Bank of America to Neutral following 'strong run'
01/21/20 Atlantic Equities
Bank of America downgraded to Neutral from Overweight at Atlantic Equities
01/15/20 Argus
Bank of America price target raised to $39 from $35 at Argus
BK BNY Mellon
$46.41 /

-0.06 (-0.13%)

01/21/20 Citi
BNY Mellon upgraded to Buy from Neutral at Citi
01/21/20 Credit Suisse
BNY Mellon upgraded to Outperform from Neutral at Credit Suisse
01/17/20 Buckingham
BNY Mellon price target lowered to $53 from $56 at Buckingham
01/09/20 Buckingham
Buckingham says buy brokerage stocks over banks in 2020
BLK BlackRock
$570.26 /

+9.48 (+1.69%)

01/16/20 BMO Capital
BlackRock price target raised to $505 from $452 at BMO Capital
01/16/20 Citi
BlackRock price target raised to $600 from $580 at Citi
01/15/20 Argus
BlackRock price target raised to $570 from $535 at Argus
01/09/20 Deutsche Bank
Deutsche Bank initiates 'Buy Catalyst Call' on BlackRock
C Citi
$79.09 /

+0.59 (+0.75%)

02/03/20 Odeon Capital
Odeon's Bove upgrades JPMorgan, downgrades four other banks in defensive shift
02/03/20 Odeon Capital
Citi downgraded to Hold from Buy at Odeon Capital
01/15/20 DA Davidson
Citi price target raised to $100 from $96 at DA Davidson
01/15/20 BMO Capital
Citi price target raised to $97 from $95 at BMO Capital
CME CME Group
$211.68 /

-1.63 (-0.76%)

01/10/20
Fly Intel: Top five analyst downgrades
01/10/20 Bernstein
CME Group downgraded to Market Perform from Outperform at Bernstein
01/10/20 Jefferies
Jefferies calls CME, IntercontinentalExchange favorite ideas in Exchanges
12/16/19 Credit Suisse
CME Group initiated with a Neutral at Credit Suisse
FNMA Fannie Mae
$0.00 /

+ (+0.00%)

02/05/20
Pershing sees 'substantial' share appreciation for Fannie, Freddie
01/08/20 Odeon Capital
GSE stocks likely to move on Supreme Court review decision, says Odeon Capital
01/07/20 Nomura Instinet
Freddie Mac initiated with a Buy at Nomura Instinet
01/07/20 Nomura Instinet
Fannie Mae initiated with a Buy at Nomura Instinet
GS Goldman Sachs
$236.42 /

-0.91 (-0.38%)

02/05/20 Citi
Goldman Sachs price target raised to $290 from $255 at Citi
02/03/20 Odeon Capital
Goldman Sachs downgraded to Hold from Buy at Odeon Capital
01/31/20 DA Davidson
Goldman Sachs price target raised to $310 from $285 at DA Davidson
JPM JPMorgan
$137.98 /

+0.24 (+0.17%)

02/03/20 Odeon Capital
JPMorgan upgraded to Buy from Hold at Odeon Capital
01/15/20 Wells Fargo
JPMorgan price target raised to $160 from $150 at Wells Fargo
01/15/20 BMO Capital
JPMorgan price target raised to $131 from $126 at BMO Capital
MET MetLife
$52.38 /

+0.48 (+0.92%)

01/07/20 Morgan Stanley
MetLife upgraded to Overweight from Equal Weight at Morgan Stanley
01/02/20 JPMorgan
JPMorgan cautious on life insurance sector in 2020
07/16/19 Evercore ISI
MetLife downgraded to In Line from Outperform at Evercore ISI
07/12/19 Citi
Citi opens 'Negative Catalyst Watches' on MetLife and Prudential
MS Morgan Stanley
$55.78 /

+0.43 (+0.78%)

01/21/20 Citi
Morgan Stanley downgraded to Neutral from Buy at Citi
01/17/20
Fly Intel: Top five analyst downgrades
01/17/20 Piper Sandler
Morgan Stanley downgraded to Neutral from Overweight at Piper Sandler
PRU Prudential
$95.85 /

+0.965 (+1.02%)

11/25/19
Fly Intel: Top five analyst downgrades
11/25/19 Citi
Citi downgrades Prudential to Sell, cuts price target to $86
11/25/19 Citi
Prudential downgraded to Sell from Neutral at Citi
SCGLY Societe Generale
$0.00 /

+ (+0.00%)

11/29/19 Barclays
Societe Generale upgraded to Overweight from Equal Weight at Barclays
11/11/19 Keefe Bruyette
Societe Generale upgraded to Market Perform from Underperform at Keefe Bruyette
10/01/19 UBS
Societe Generale downgraded to Neutral from Buy at UBS
08/02/19 Citi
Societe Generale upgraded to Buy from Neutral at Citi
WFC Wells Fargo
$47.99 /

+0.21 (+0.44%)

01/28/20
Fly Intel: Top five analyst upgrades
01/28/20 Baird
Wells Fargo upgraded to Neutral at Baird
01/28/20 Baird
Wells Fargo upgraded to Neutral from Underperform at Baird
01/16/20 RBC Capital
RBC downgrades Wells Fargo to Underperform, says now not the time to own
Earnings
AllianceBernstein reports Q4 adj. EPU 85c, consensus 70c » 06:22
02/12/20
02/12
06:22
02/12/20
06:22
AB

AllianceBernstein

$34.96 /

+0.215 (+0.62%)

Reports Q4 revenue…

Reports Q4 revenue $987.3M, consensus $769.84M. Reports Q4 ending AUM $622.9B. "Our global platform experienced broad-based growth during 2019, demonstrating strong progress in executing on our growth strategy," said Seth Bernstein, President and CEO of AllianceBernstein. "Active organic growth of 6.5% reflected strength across our global fixed income, equity and alternative platforms. Combined with strong markets, AUM of $623 billion grew 21% from the prior year, while our fee rate remained essentially flat. Investments to revitalize our active equities platform and diversify our global business have produced distinguished results and position the firm to sustain our momentum."

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AB AllianceBernstein
$34.96 /

+0.215 (+0.62%)

01/13/20 Citi
Citi opens '90 Day Positive Catalyst Watch' on Sculptor Capital
01/06/20 Wells Fargo
AXA Equitable upgraded to Overweight at Wells Fargo
12/06/19 Citi
AllianceBernstein has two pathways to $40 per share, says Citi
10/25/19 Citi
Citi recommends pair trade of long AllianceBernstein, short Invesco
Hot Stocks
AllianceBernstein reports preliminary AUM $623B as of December 31, 2019 » 16:20
01/13/20
01/13
16:20
01/13/20
16:20
AB

AllianceBernstein

$32.42 /

+0.44 (+1.38%)

Up from $611B at the end…

Up from $611B at the end of November. The 2.0% increase was due to market appreciation, as well as total firmwide net inflows. By channel, net inflows to Retail and Institutions exceeded net outflows from Private Wealth.

ShowHide Related Items >><<
AB AllianceBernstein
$32.42 /

+0.44 (+1.38%)

01/13/20 Citi
Citi opens '90 Day Positive Catalyst Watch' on Sculptor Capital
01/06/20 Wells Fargo
AXA Equitable upgraded to Overweight at Wells Fargo
12/06/19 Citi
AllianceBernstein has two pathways to $40 per share, says Citi
10/25/19 Citi
Citi recommends pair trade of long AllianceBernstein, short Invesco

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