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Recommendations
Citizens Financial price target lowered to $29 from $35 at RBC Capital » 06:48
07/01/20
07/01
06:48
07/01/20
06:48
CFG

Citizens Financial

$25.24 /

+1.7 (+7.22%)

RBC Capital analyst…

RBC Capital analyst Gerard Cassidy lowered the firm's price target on Citizens Financial to $29 from $35, citing his higher loan loss provision forecasts. The analyst keeps an Outperform rating on the shares but lowers the company's FY20 EPS view by 14c to 94c and FY21 by 20c to $2.44.

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CFG Citizens Financial
$25.24 /

+1.7 (+7.22%)

CFG Citizens Financial
$25.24 /

+1.7 (+7.22%)

05/04/20 UBS
Wells Fargo, PNC Financial cut to Sell, Keycorp cut to Neutral at UBS
05/04/20 UBS
Citizens Financial upgraded to Buy from Neutral at UBS
04/20/20 Morgan Stanley
Amazon removed from Fresh Money Buy List at Morgan Stanley
04/14/20 Compass Point
Citizens Financial initiated with a Neutral at Compass Point
CFG Citizens Financial
$25.24 /

+1.7 (+7.22%)

CFG Citizens Financial
$25.24 /

+1.7 (+7.22%)

CFG Citizens Financial
$25.24 /

+1.7 (+7.22%)

CFG Citizens Financial
$25.24 /

+1.7 (+7.22%)

Tuesday
Options
Early notable gainers among liquid option names on June 30th » 09:55
06/30/20
06/30
09:55
06/30/20
09:55
AYI

Acuity Brands

$100.00 /

+10.77 (+12.07%)

, XLNX

Xilinx

$97.49 /

+5.54 (+6.03%)

, CFG

Citizens Financial

$24.96 /

+1.42 (+6.03%)

, MU

Micron

$52.30 /

+3.18 (+6.47%)

, LRCX

Lam Research

$318.28 /

+9.87 (+3.20%)

Notable gainers among…

Notable gainers among liquid option names this morning include Acuity Brands (AYI) $97.25 +7.92, Xilinx (XLNX) $98.22 +6.27, Citizens Financial (CFG) $24.73 +1.21, Micron (MU) $51.48 +2.38, and Lam Research (LRCX) $319.56 +10.91.

ShowHide Related Items >><<
XLNX Xilinx
$97.49 /

+5.54 (+6.03%)

MU Micron
$52.30 /

+3.18 (+6.47%)

LRCX Lam Research
$318.28 /

+9.87 (+3.20%)

CFG Citizens Financial
$24.96 /

+1.42 (+6.03%)

AYI Acuity Brands
$100.00 /

+10.77 (+12.07%)

AYI Acuity Brands
$100.00 /

+10.77 (+12.07%)

06/16/20
Fly Intel: Top five analyst downgrades
06/15/20 Goldman Sachs
Acuity Brands downgraded to Sell from Neutral at Goldman Sachs
06/09/20 JMP Securities
Acuity Brands downgraded to Market Perform from Outperform at JMP Securities
06/08/20 Oppenheimer
Acuity Brands upgraded to Outperform at Oppenheimer
XLNX Xilinx
$97.49 /

+5.54 (+6.03%)

06/30/20 SunTrust
Xilinx price target raised to $104 from $93 at SunTrust
06/30/20 Susquehanna
Xilinx price target raised to $115 from $105 at Susquehanna
06/30/20 JPMorgan
Xilinx price target raised to $88 from $85 at JPMorgan
06/30/20 Morgan Stanley
Xilinx trends less negative than feared, says Morgan Stanley
CFG Citizens Financial
$24.96 /

+1.42 (+6.03%)

05/04/20 UBS
Wells Fargo, PNC Financial cut to Sell, Keycorp cut to Neutral at UBS
05/04/20 UBS
Citizens Financial upgraded to Buy from Neutral at UBS
04/20/20 Morgan Stanley
Amazon removed from Fresh Money Buy List at Morgan Stanley
04/14/20 Compass Point
Citizens Financial initiated with a Neutral at Compass Point
MU Micron
$52.30 /

+3.18 (+6.47%)

06/30/20 RBC Capital
Micron price target raised to $60 from $55 at RBC Capital
06/30/20 Morgan Stanley
Morgan Stanley would add to Micron positions on weakness in coming 'rough patch'
06/30/20 Raymond James
Micron price target raised to $65 from $60 at Raymond James
06/30/20 Mizuho
Micron price target raised to $63 from $60 at Mizuho
LRCX Lam Research
$318.28 /

+9.87 (+3.20%)

06/25/20 Deutsche Bank
Lam Research price target raised to $330 from $300 at Deutsche Bank
06/22/20 Stifel
Lam Research downgraded to Hold from Buy at Stifel
06/17/20 Evercore ISI
Lam Research price target raised to $400 from $350 at Evercore ISI
06/17/20 Evercore ISI
Lam Research price target raised to $400 from $350 at Evercore ISI
XLNX Xilinx
$97.49 /

+5.54 (+6.03%)

MU Micron
$52.30 /

+3.18 (+6.47%)

LRCX Lam Research
$318.28 /

+9.87 (+3.20%)

CFG Citizens Financial
$24.96 /

+1.42 (+6.03%)

AYI Acuity Brands
$100.00 /

+10.77 (+12.07%)

XLNX Xilinx
$97.49 /

+5.54 (+6.03%)

MU Micron
$52.30 /

+3.18 (+6.47%)

LRCX Lam Research
$318.28 /

+9.87 (+3.20%)

CFG Citizens Financial
$24.96 /

+1.42 (+6.03%)

XLNX Xilinx
$97.49 /

+5.54 (+6.03%)

MU Micron
$52.30 /

+3.18 (+6.47%)

LRCX Lam Research
$318.28 /

+9.87 (+3.20%)

CFG Citizens Financial
$24.96 /

+1.42 (+6.03%)

AYI Acuity Brands
$100.00 /

+10.77 (+12.07%)

XLNX Xilinx
$97.49 /

+5.54 (+6.03%)

MU Micron
$52.30 /

+3.18 (+6.47%)

LRCX Lam Research
$318.28 /

+9.87 (+3.20%)

CFG Citizens Financial
$24.96 /

+1.42 (+6.03%)

Monday
Hot Stocks
Citizens Financial announces CCAR SCB of 3.4% through Q3 of 2021 » 18:00
06/29/20
06/29
18:00
06/29/20
18:00
CFG

Citizens Financial

$23.54 /

+0.38 (+1.64%)

The company states:…

The company states: "Citizens Financial Group announces key aspects of its 2020 Capital Plan, which includes maintaining quarterly common dividends at the current level of 39c per share through the stress capital buffer, or SCB, window period ending third quarter 2021. The company previously announced its intention to cease stock repurchases through December 31, 2020. The company will assess potential changes to its capital distributions over the planning horizon as conditions warrant. The company's announcement follows the publication by the Board of Governors of the Federal Reserve System of the results from its DFAST stress tests and the related Comprehensive Capital Analysis and Review on June 25, 2020 and communication to Citizens of its preliminary SCB of 3.4%. Citizens has concluded that its proposed capital distributions under the Plan would be consistent with effective capital distribution limitations assuming the 3.4% SCB requirement provided by the Federal Reserve were in place during the relevant quarters."

ShowHide Related Items >><<
CFG Citizens Financial
$23.54 /

+0.38 (+1.64%)

CFG Citizens Financial
$23.54 /

+0.38 (+1.64%)

05/04/20 UBS
Wells Fargo, PNC Financial cut to Sell, Keycorp cut to Neutral at UBS
05/04/20 UBS
Citizens Financial upgraded to Buy from Neutral at UBS
04/20/20 Morgan Stanley
Amazon removed from Fresh Money Buy List at Morgan Stanley
04/14/20 Compass Point
Citizens Financial initiated with a Neutral at Compass Point
CFG Citizens Financial
$23.54 /

+0.38 (+1.64%)

CFG Citizens Financial
$23.54 /

+0.38 (+1.64%)

CFG Citizens Financial
$23.54 /

+0.38 (+1.64%)

CFG Citizens Financial
$23.54 /

+0.38 (+1.64%)

Over a month ago
Conference/Events
Wedbush banking/housing finance analysts hold analyst/industry conference call » 13:25
05/26/20
05/26
13:25
05/26/20
13:25
MTB

M&T Bank

$108.59 /

+10.53 (+10.74%)

, BOKF

BOK Financial

$51.04 /

+3.14 (+6.56%)

, USB

U.S. Bancorp

$35.77 /

+2.83 (+8.59%)

, CFG

Citizens Financial

$23.91 /

+2.63 (+12.36%)

, PFSI

PennyMac Financial

$33.24 /

+1.06 (+3.29%)

, FBC

Flagstar Bancorp

$27.92 /

+1.3 (+4.88%)

, COOP

Mr. Cooper

$10.78 /

+0.9 (+9.11%)

, NRZ

New Residential

$7.38 /

+0.39 (+5.58%)

, PMT

PennyMac Mortgage

$11.66 /

+0.71 (+6.48%)

, WD

Walker & Dunlop

$40.22 /

+1.32 (+3.39%)

Banking/Housing Finance…

Banking/Housing Finance Analysts & Capital Markets Analysts, along with Ken Richey, Founder of Richey May & Co., and Tom Piercy, Managing Director at Incenter Mortgage Advisors, discuss the trends in Mortgage Servicing Rights and managing COVID-19 forbearance on an Analyst/Industry conference call to be held on May 26 at 2 pm.

ShowHide Related Items >><<
WD Walker & Dunlop
$40.22 /

+1.32 (+3.39%)

USB U.S. Bancorp
$35.77 /

+2.83 (+8.59%)

PMT PennyMac Mortgage
$11.66 /

+0.71 (+6.48%)

PFSI PennyMac Financial
$33.24 /

+1.06 (+3.29%)

NRZ New Residential
$7.38 /

+0.39 (+5.58%)

MTB M&T Bank
$108.59 /

+10.53 (+10.74%)

FBC Flagstar Bancorp
$27.92 /

+1.3 (+4.88%)

COOP Mr. Cooper
$10.78 /

+0.9 (+9.11%)

CFG Citizens Financial
$23.91 /

+2.63 (+12.36%)

BOKF BOK Financial
$51.04 /

+3.14 (+6.56%)

MTB M&T Bank
$108.59 /

+10.53 (+10.74%)

05/18/20 Odeon Capital
M&T Bank downgraded to Sell from Buy at Odeon Capital
04/23/20 Odeon Capital
M&T Bank downgraded to Hold from Buy at Odeon Capital
04/14/20 Compass Point
M&T Bank initiated with a Neutral at Compass Point
03/12/20 Citi
M&T Bank price target lowered to $140 from $170 at Citi
BOKF BOK Financial
$51.04 /

+3.14 (+6.56%)

03/09/20 Raymond James
BOK Financial downgraded at Raymond James as oil prices sink
03/09/20 Raymond James
BOK Financial downgraded to Market Perform from Outperform at Raymond James
03/06/20 SunTrust
SunTrust cuts price targets on Banks amid lower interest rate environment
01/23/20 DA Davidson
BOK Financial downgraded to Neutral from Buy at DA Davidson
USB U.S. Bancorp
$35.77 /

+2.83 (+8.59%)

05/15/20 Cowen
Cowen 'would be surprised' if Goldman tried to buy any big commercial banks
04/16/20 Nomura Instinet
U.S. Bancorp upgraded to Buy from Neutral at Nomura Instinet
04/14/20 Compass Point
U.S. Bancorp initiated with a Neutral at Compass Point
04/06/20 Wells Fargo
Wells Fargo sees information 'void' until banks report earnings next week
CFG Citizens Financial
$23.91 /

+2.63 (+12.36%)

05/04/20 UBS
Wells Fargo, PNC Financial cut to Sell, Keycorp cut to Neutral at UBS
05/04/20 UBS
Citizens Financial upgraded to Buy from Neutral at UBS
04/20/20 Morgan Stanley
Amazon removed from Fresh Money Buy List at Morgan Stanley
04/14/20 Compass Point
Citizens Financial initiated with a Neutral at Compass Point
PFSI PennyMac Financial
$33.24 /

+1.06 (+3.29%)

05/20/20 JMP Securities
PennyMac Financial price target raised to $40 from $25 at JMP Securities
04/13/20 Credit Suisse
PennyMac Financial upgraded to Outperform from Neutral at Credit Suisse
04/09/20 Piper Sandler
Mortgage Finance volatility brings 'unique opportunity,' says Piper Sandler
04/03/20 Wells Fargo
Wells Fargo views PennyMac Financial weakness as industry issue
FBC Flagstar Bancorp
$27.92 /

+1.3 (+4.88%)

05/07/20 B. Riley FBR
Flagstar Bancorp price target raised to $30 from $27 at B. Riley FBR
02/26/20 Piper Sandler
Flagstar Bancorp upgraded to Overweight from Neutral at Piper Sandler
COOP Mr. Cooper
$10.78 /

+0.9 (+9.11%)

05/15/20 Wedbush
Mr. Cooper upgraded to Outperform from Neutral at Wedbush
04/07/20 Wedbush
Mr. Cooper downgraded to Neutral at Wedbush
04/07/20 Wedbush
Mr. Cooper downgraded to Neutral from Outperform at Wedbush
NRZ New Residential
$7.38 /

+0.39 (+5.58%)

04/08/20 B. Riley FBR
Cherry Hill Mortgage price target lowered to $9 from $15 at B. Riley FBR
04/06/20 Raymond James
Raymond James cuts estimates and targets for residential mortgage REITs
04/02/20 BTIG
New Residential price target lowered to $10.50 from $18 at BTIG
04/02/20 Argus
New Residential downgraded to Hold from Buy at Argus
PMT PennyMac Mortgage
$11.66 /

+0.71 (+6.48%)

04/28/20 BofA
AGNC, Capstead Mortgage raised to Buy, PennyMac Mortgage cut to Neutral at BofA
04/28/20 BofA
PennyMac Mortgage downgraded to Neutral from Buy at BofA
WD Walker & Dunlop
$40.22 /

+1.32 (+3.39%)

05/11/20 Wedbush
Walker & Dunlop price target lowered to $66 from $82.50 at Wedbush
02/18/20
Fly Intel: Top five analyst downgrades
02/18/20 JMP Securities
Walker & Dunlop downgraded to Market Perform from Outperform at JMP Securities
02/18/20 JMP Securities
Walker & Dunlop downgraded to Market Perform from Outperform at JMP Securities
WD Walker & Dunlop
$40.22 /

+1.32 (+3.39%)

USB U.S. Bancorp
$35.77 /

+2.83 (+8.59%)

PFSI PennyMac Financial
$33.24 /

+1.06 (+3.29%)

NRZ New Residential
$7.38 /

+0.39 (+5.58%)

MTB M&T Bank
$108.59 /

+10.53 (+10.74%)

FBC Flagstar Bancorp
$27.92 /

+1.3 (+4.88%)

COOP Mr. Cooper
$10.78 /

+0.9 (+9.11%)

CFG Citizens Financial
$23.91 /

+2.63 (+12.36%)

BOKF BOK Financial
$51.04 /

+3.14 (+6.56%)

USB U.S. Bancorp
$35.77 /

+2.83 (+8.59%)

NRZ New Residential
$7.38 /

+0.39 (+5.58%)

MTB M&T Bank
$108.59 /

+10.53 (+10.74%)

CFG Citizens Financial
$23.91 /

+2.63 (+12.36%)

USB U.S. Bancorp
$35.77 /

+2.83 (+8.59%)

PMT PennyMac Mortgage
$11.66 /

+0.71 (+6.48%)

MTB M&T Bank
$108.59 /

+10.53 (+10.74%)

CFG Citizens Financial
$23.91 /

+2.63 (+12.36%)

USB U.S. Bancorp
$35.77 /

+2.83 (+8.59%)

NRZ New Residential
$7.38 /

+0.39 (+5.58%)

COOP Mr. Cooper
$10.78 /

+0.9 (+9.11%)

CFG Citizens Financial
$23.91 /

+2.63 (+12.36%)

Conference/Events
Wedbush banking/housing finance analysts hold analyst/industry conference call » 04:55
05/26/20
05/26
04:55
05/26/20
04:55
MTB

M&T Bank

$98.06 /

+1.33 (+1.37%)

, BOKF

BOK Financial

$47.90 /

-0.77 (-1.58%)

, USB

U.S. Bancorp

$32.94 /

+0.01 (+0.03%)

, CFG

Citizens Financial

$21.28 /

-0.065 (-0.30%)

, PFSI

PennyMac Financial

$32.18 /

-0.03 (-0.09%)

, FBC

Flagstar Bancorp

$26.62 /

-0.22 (-0.82%)

, COOP

Mr. Cooper

$9.88 /

-0.35 (-3.42%)

, NRZ

New Residential

$6.99 /

+0.025 (+0.36%)

, PMT

PennyMac Mortgage

$10.95 /

+0.17 (+1.58%)

, WD

Walker & Dunlop

$38.90 /

-0.65 (-1.64%)

Banking/Housing Finance…

Banking/Housing Finance Analysts & Capital Markets Analysts, along with Ken Richey, Founder of Richey May & Co., and Tom Piercy, Managing Director at Incenter Mortgage Advisors, discuss the trends in Mortgage Servicing Rights and managing COVID-19 forbearance on an Analyst/Industry conference call to be held on May 26 at 2 pm.

ShowHide Related Items >><<
WD Walker & Dunlop
$38.90 /

-0.65 (-1.64%)

USB U.S. Bancorp
$32.94 /

+0.01 (+0.03%)

PMT PennyMac Mortgage
$10.95 /

+0.17 (+1.58%)

PFSI PennyMac Financial
$32.18 /

-0.03 (-0.09%)

NRZ New Residential
$6.99 /

+0.025 (+0.36%)

MTB M&T Bank
$98.06 /

+1.33 (+1.37%)

FBC Flagstar Bancorp
$26.62 /

-0.22 (-0.82%)

COOP Mr. Cooper
$9.88 /

-0.35 (-3.42%)

CFG Citizens Financial
$21.28 /

-0.065 (-0.30%)

BOKF BOK Financial
$47.90 /

-0.77 (-1.58%)

MTB M&T Bank
$98.06 /

+1.33 (+1.37%)

05/18/20 Odeon Capital
M&T Bank downgraded to Sell from Buy at Odeon Capital
04/23/20 Odeon Capital
M&T Bank downgraded to Hold from Buy at Odeon Capital
04/14/20 Compass Point
M&T Bank initiated with a Neutral at Compass Point
03/12/20 Citi
M&T Bank price target lowered to $140 from $170 at Citi
BOKF BOK Financial
$47.90 /

-0.77 (-1.58%)

03/09/20 Raymond James
BOK Financial downgraded at Raymond James as oil prices sink
03/09/20 Raymond James
BOK Financial downgraded to Market Perform from Outperform at Raymond James
03/06/20 SunTrust
SunTrust cuts price targets on Banks amid lower interest rate environment
01/23/20 DA Davidson
BOK Financial downgraded to Neutral from Buy at DA Davidson
USB U.S. Bancorp
$32.94 /

+0.01 (+0.03%)

05/15/20 Cowen
Cowen 'would be surprised' if Goldman tried to buy any big commercial banks
04/16/20 Nomura Instinet
U.S. Bancorp upgraded to Buy from Neutral at Nomura Instinet
04/14/20 Compass Point
U.S. Bancorp initiated with a Neutral at Compass Point
04/06/20 Wells Fargo
Wells Fargo sees information 'void' until banks report earnings next week
CFG Citizens Financial
$21.28 /

-0.065 (-0.30%)

05/04/20 UBS
Wells Fargo, PNC Financial cut to Sell, Keycorp cut to Neutral at UBS
05/04/20 UBS
Citizens Financial upgraded to Buy from Neutral at UBS
04/20/20 Morgan Stanley
Amazon removed from Fresh Money Buy List at Morgan Stanley
04/14/20 Compass Point
Citizens Financial initiated with a Neutral at Compass Point
PFSI PennyMac Financial
$32.18 /

-0.03 (-0.09%)

05/20/20 JMP Securities
PennyMac Financial price target raised to $40 from $25 at JMP Securities
04/13/20 Credit Suisse
PennyMac Financial upgraded to Outperform from Neutral at Credit Suisse
04/09/20 Piper Sandler
Mortgage Finance volatility brings 'unique opportunity,' says Piper Sandler
04/03/20 Wells Fargo
Wells Fargo views PennyMac Financial weakness as industry issue
FBC Flagstar Bancorp
$26.62 /

-0.22 (-0.82%)

05/07/20 B. Riley FBR
Flagstar Bancorp price target raised to $30 from $27 at B. Riley FBR
02/26/20 Piper Sandler
Flagstar Bancorp upgraded to Overweight from Neutral at Piper Sandler
COOP Mr. Cooper
$9.88 /

-0.35 (-3.42%)

05/15/20 Wedbush
Mr. Cooper upgraded to Outperform from Neutral at Wedbush
04/07/20 Wedbush
Mr. Cooper downgraded to Neutral at Wedbush
04/07/20 Wedbush
Mr. Cooper downgraded to Neutral from Outperform at Wedbush
NRZ New Residential
$6.99 /

+0.025 (+0.36%)

04/08/20 B. Riley FBR
Cherry Hill Mortgage price target lowered to $9 from $15 at B. Riley FBR
04/06/20 Raymond James
Raymond James cuts estimates and targets for residential mortgage REITs
04/02/20 BTIG
New Residential price target lowered to $10.50 from $18 at BTIG
04/02/20 Argus
New Residential downgraded to Hold from Buy at Argus
PMT PennyMac Mortgage
$10.95 /

+0.17 (+1.58%)

04/28/20 BofA
AGNC, Capstead Mortgage raised to Buy, PennyMac Mortgage cut to Neutral at BofA
04/28/20 BofA
PennyMac Mortgage downgraded to Neutral from Buy at BofA
WD Walker & Dunlop
$38.90 /

-0.65 (-1.64%)

05/11/20 Wedbush
Walker & Dunlop price target lowered to $66 from $82.50 at Wedbush
02/18/20
Fly Intel: Top five analyst downgrades
02/18/20 JMP Securities
Walker & Dunlop downgraded to Market Perform from Outperform at JMP Securities
02/18/20 JMP Securities
Walker & Dunlop downgraded to Market Perform from Outperform at JMP Securities
WD Walker & Dunlop
$38.90 /

-0.65 (-1.64%)

USB U.S. Bancorp
$32.94 /

+0.01 (+0.03%)

PFSI PennyMac Financial
$32.18 /

-0.03 (-0.09%)

NRZ New Residential
$6.99 /

+0.025 (+0.36%)

MTB M&T Bank
$98.06 /

+1.33 (+1.37%)

FBC Flagstar Bancorp
$26.62 /

-0.22 (-0.82%)

COOP Mr. Cooper
$9.88 /

-0.35 (-3.42%)

CFG Citizens Financial
$21.28 /

-0.065 (-0.30%)

BOKF BOK Financial
$47.90 /

-0.77 (-1.58%)

USB U.S. Bancorp
$32.94 /

+0.01 (+0.03%)

NRZ New Residential
$6.99 /

+0.025 (+0.36%)

MTB M&T Bank
$98.06 /

+1.33 (+1.37%)

CFG Citizens Financial
$21.28 /

-0.065 (-0.30%)

USB U.S. Bancorp
$32.94 /

+0.01 (+0.03%)

PMT PennyMac Mortgage
$10.95 /

+0.17 (+1.58%)

MTB M&T Bank
$98.06 /

+1.33 (+1.37%)

CFG Citizens Financial
$21.28 /

-0.065 (-0.30%)

USB U.S. Bancorp
$32.94 /

+0.01 (+0.03%)

NRZ New Residential
$6.99 /

+0.025 (+0.36%)

COOP Mr. Cooper
$9.88 /

-0.35 (-3.42%)

CFG Citizens Financial
$21.28 /

-0.065 (-0.30%)

Conference/Events
Wedbush banking/housing finance analysts hold analyst/industry conference call » 09:08
05/22/20
05/22
09:08
05/22/20
09:08
MTB

M&T Bank

$96.73 /

+0.65 (+0.68%)

, BOKF

BOK Financial

$48.67 /

-0.58 (-1.18%)

, USB

U.S. Bancorp

$32.93 /

-0.13 (-0.39%)

, CFG

Citizens Financial

$21.35 /

-0.325 (-1.50%)

, PFSI

PennyMac Financial

$32.21 /

+0.37 (+1.16%)

, FBC

Flagstar Bancorp

$26.84 /

-0.22 (-0.81%)

, COOP

Mr. Cooper

$10.23 /

+0.03 (+0.29%)

, NRZ

New Residential

$6.97 /

+0.285 (+4.27%)

, PMT

PennyMac Mortgage

$10.78 /

-0.03 (-0.28%)

, WD

Walker & Dunlop

$39.55 /

-0.45 (-1.13%)

Banking/Housing Finance…

Banking/Housing Finance Analysts & Capital Markets Analysts, along with Ken Richey, Founder of Richey May & Co., and Tom Piercy, Managing Director at Incenter Mortgage Advisors, discuss the trends in Mortgage Servicing Rights and managing COVID-19 forbearance on an Analyst/Industry conference call to be held on May 26 at 2 pm.

ShowHide Related Items >><<
WD Walker & Dunlop
$39.55 /

-0.45 (-1.13%)

USB U.S. Bancorp
$32.93 /

-0.13 (-0.39%)

PMT PennyMac Mortgage
$10.78 /

-0.03 (-0.28%)

PFSI PennyMac Financial
$32.21 /

+0.37 (+1.16%)

NRZ New Residential
$6.97 /

+0.285 (+4.27%)

MTB M&T Bank
$96.73 /

+0.65 (+0.68%)

FBC Flagstar Bancorp
$26.84 /

-0.22 (-0.81%)

COOP Mr. Cooper
$10.23 /

+0.03 (+0.29%)

CFG Citizens Financial
$21.35 /

-0.325 (-1.50%)

BOKF BOK Financial
$48.67 /

-0.58 (-1.18%)

MTB M&T Bank
$96.73 /

+0.65 (+0.68%)

05/18/20 Odeon Capital
M&T Bank downgraded to Sell from Buy at Odeon Capital
04/23/20 Odeon Capital
M&T Bank downgraded to Hold from Buy at Odeon Capital
04/14/20 Compass Point
M&T Bank initiated with a Neutral at Compass Point
03/12/20 Citi
M&T Bank price target lowered to $140 from $170 at Citi
BOKF BOK Financial
$48.67 /

-0.58 (-1.18%)

03/09/20 Raymond James
BOK Financial downgraded at Raymond James as oil prices sink
03/09/20 Raymond James
BOK Financial downgraded to Market Perform from Outperform at Raymond James
03/06/20 SunTrust
SunTrust cuts price targets on Banks amid lower interest rate environment
01/23/20 DA Davidson
BOK Financial downgraded to Neutral from Buy at DA Davidson
USB U.S. Bancorp
$32.93 /

-0.13 (-0.39%)

05/15/20 Cowen
Cowen 'would be surprised' if Goldman tried to buy any big commercial banks
04/16/20 Nomura Instinet
U.S. Bancorp upgraded to Buy from Neutral at Nomura Instinet
04/14/20 Compass Point
U.S. Bancorp initiated with a Neutral at Compass Point
04/06/20 Wells Fargo
Wells Fargo sees information 'void' until banks report earnings next week
CFG Citizens Financial
$21.35 /

-0.325 (-1.50%)

05/04/20 UBS
Wells Fargo, PNC Financial cut to Sell, Keycorp cut to Neutral at UBS
05/04/20 UBS
Citizens Financial upgraded to Buy from Neutral at UBS
04/20/20 Morgan Stanley
Amazon removed from Fresh Money Buy List at Morgan Stanley
04/14/20 Compass Point
Citizens Financial initiated with a Neutral at Compass Point
PFSI PennyMac Financial
$32.21 /

+0.37 (+1.16%)

05/20/20 JMP Securities
PennyMac Financial price target raised to $40 from $25 at JMP Securities
04/13/20 Credit Suisse
PennyMac Financial upgraded to Outperform from Neutral at Credit Suisse
04/09/20 Piper Sandler
Mortgage Finance volatility brings 'unique opportunity,' says Piper Sandler
04/03/20 Wells Fargo
Wells Fargo views PennyMac Financial weakness as industry issue
FBC Flagstar Bancorp
$26.84 /

-0.22 (-0.81%)

05/07/20 B. Riley FBR
Flagstar Bancorp price target raised to $30 from $27 at B. Riley FBR
02/26/20 Piper Sandler
Flagstar Bancorp upgraded to Overweight from Neutral at Piper Sandler
COOP Mr. Cooper
$10.23 /

+0.03 (+0.29%)

05/15/20 Wedbush
Mr. Cooper upgraded to Outperform from Neutral at Wedbush
04/07/20 Wedbush
Mr. Cooper downgraded to Neutral at Wedbush
04/07/20 Wedbush
Mr. Cooper downgraded to Neutral from Outperform at Wedbush
NRZ New Residential
$6.97 /

+0.285 (+4.27%)

04/08/20 B. Riley FBR
Cherry Hill Mortgage price target lowered to $9 from $15 at B. Riley FBR
04/06/20 Raymond James
Raymond James cuts estimates and targets for residential mortgage REITs
04/02/20 BTIG
New Residential price target lowered to $10.50 from $18 at BTIG
04/02/20 Argus
New Residential downgraded to Hold from Buy at Argus
PMT PennyMac Mortgage
$10.78 /

-0.03 (-0.28%)

04/28/20 BofA
AGNC, Capstead Mortgage raised to Buy, PennyMac Mortgage cut to Neutral at BofA
04/28/20 BofA
PennyMac Mortgage downgraded to Neutral from Buy at BofA
WD Walker & Dunlop
$39.55 /

-0.45 (-1.13%)

05/11/20 Wedbush
Walker & Dunlop price target lowered to $66 from $82.50 at Wedbush
02/18/20
Fly Intel: Top five analyst downgrades
02/18/20 JMP Securities
Walker & Dunlop downgraded to Market Perform from Outperform at JMP Securities
02/18/20 JMP Securities
Walker & Dunlop downgraded to Market Perform from Outperform at JMP Securities
WD Walker & Dunlop
$39.55 /

-0.45 (-1.13%)

USB U.S. Bancorp
$32.93 /

-0.13 (-0.39%)

PFSI PennyMac Financial
$32.21 /

+0.37 (+1.16%)

NRZ New Residential
$6.97 /

+0.285 (+4.27%)

MTB M&T Bank
$96.73 /

+0.65 (+0.68%)

FBC Flagstar Bancorp
$26.84 /

-0.22 (-0.81%)

COOP Mr. Cooper
$10.23 /

+0.03 (+0.29%)

CFG Citizens Financial
$21.35 /

-0.325 (-1.50%)

BOKF BOK Financial
$48.67 /

-0.58 (-1.18%)

USB U.S. Bancorp
$32.93 /

-0.13 (-0.39%)

NRZ New Residential
$6.97 /

+0.285 (+4.27%)

MTB M&T Bank
$96.73 /

+0.65 (+0.68%)

CFG Citizens Financial
$21.35 /

-0.325 (-1.50%)

USB U.S. Bancorp
$32.93 /

-0.13 (-0.39%)

PMT PennyMac Mortgage
$10.78 /

-0.03 (-0.28%)

MTB M&T Bank
$96.73 /

+0.65 (+0.68%)

CFG Citizens Financial
$21.35 /

-0.325 (-1.50%)

USB U.S. Bancorp
$32.93 /

-0.13 (-0.39%)

NRZ New Residential
$6.97 /

+0.285 (+4.27%)

COOP Mr. Cooper
$10.23 /

+0.03 (+0.29%)

CFG Citizens Financial
$21.35 /

-0.325 (-1.50%)

Earnings
Fly Intel: Top five weekend stock stories » 18:47
05/10/20
05/10
18:47
05/10/20
18:47
TSLA

Tesla

$819.01 /

+38.8 (+4.97%)

, GILD

Gilead

$77.45 /

-0.14 (-0.18%)

, RF

Regions Financial

$10.32 /

+0.465 (+4.72%)

, SNV

Synovus

$19.77 /

+1.11 (+5.95%)

, FFWM

First Foundation

$12.97 /

+0.28 (+2.21%)

, ACBI

Atlantic Capital

$11.68 /

+0.59 (+5.32%)

, TCF

TCF Financial

$28.19 /

+1.97 (+7.51%)

, CFG

Citizens Financial

$22.18 /

+0.935 (+4.40%)

, PB

Prosperity Bancshares

$60.04 /

+3.07 (+5.39%)

, BXS

BancorpSouth

$20.79 /

+1.2 (+6.13%)

, TD

Toronto-Dominion

$40.96 /

+0.79 (+1.97%)

, BMO

Bank of Montreal

$49.00 /

+1.06 (+2.21%)

, IBTX

Independent Bank

$30.41 /

+2.66 (+9.59%)

, PFE

Pfizer

$37.20 /

+0.24 (+0.65%)

, CTLT

Catalent

$71.91 /

+0.87 (+1.22%)

, LZAGY

Lonza

$0.00 /

+ (+0.00%)

, TMO

Thermo Fisher

$331.58 /

-7.1 (-2.10%)

, BYD

Boyd Gaming

$17.96 /

+0.75 (+4.36%)

, TCEHY

Tencent

$0.00 /

+ (+0.00%)

, BABA

Alibaba

$201.27 /

+4.85 (+2.47%)

, JD

JD.com

$46.79 /

+2.03 (+4.54%)

, EQIX

Equinix

$677.86 /

+3.05 (+0.45%)

, QTS

QTS Realty Trust

$65.29 /

+1.315 (+2.06%)

, AMT

American Tower

$238.18 /

+2.92 (+1.24%)

, SBAC

SBA Communications

$291.43 /

+5.44 (+1.90%)

, ARE

Alexandria Real Estate

$151.68 /

+0.195 (+0.13%)

, PLD

Prologis

$89.95 /

+1.94 (+2.20%)

, DEI

Douglas Emmett

$29.48 /

+1.02 (+3.58%)

, AVB

AvalonBay

$163.83 /

+3.62 (+2.26%)

, EQR

Equity Residential

$64.13 /

+1.07 (+1.70%)

, ADC

Agree Realty

$64.76 /

+1.2 (+1.89%)

, FCPT

Four Corners Property Trust

$21.86 /

+0.69 (+3.26%)

Catch up on the…

Catch up on the weekend's top five stories with this list compiled by The Fly: 1. In a blog post, Tesla (TSLA) said that, "Contrary to the Governor's recent guidance and support from the City of Fremont, Alameda County is insisting we should not resume operations. This is not for lack of trying or transparency since we have met with and collaborated on our restart plans with the Alameda County Health Care Services Agency. Unfortunately, the County Public Health Officer who is making these decisions has not returned our calls or emails. [...] the County's position left us no choice but to take legal action to ensure that Tesla and its employees can get back to work. We filed a lawsuit on May 9 asking the court to invalidate the County Orders, to the extent the County claims they prevent Tesla from resuming operations. Meanwhile, CEO Elon Mush said in a series of tweets that, "Tesla is filing a lawsuit against Alameda County immediately. The unelected & ignorant "Interim Health Officer" of Alameda is acting contrary to the Governor, the President, our Constitutional freedoms & just plain common sense! [...] Frankly, this is the final straw. Tesla will now move its HQ and future programs to Texas/Nevada immediately. If we even retain Fremont manufacturing activity at all, it will be dependent on how Tesla is treated in the future. Tesla is the last carmaker left in CA." 2. The U.S. Department of Health and Human Services said it would allow state health departments to distribute Gilead Sciences' (GILD) remdesivir drug to fight COVID-19, and the U.S. would receive about 40% of the drug maker's global donation, according to Reuters. 3. The U.S. has lost nearly 40% of its banks since the financial crisis, largely due to industry consolidation, and many industry observers see the trend resuming once the nation's health crisis passes and economic activity begins to normalize, Carleton English wrote in this week's edition of Barron's. The publication identified at least six potential targets, namely Regions Financial (RF), Synovus Financial (SNV), First Foundation (FFWM), Atlantic Capital (ACBI), TCF Financial (TCF), and Citizens Financial (CFG). On the potential buyers side, Barron's highlights Prosperity Bancshares (PB), BancorpSouth Bank (BXS), Toronto-Dominion Bank (TD), Bank of Montreal (BMO), and Independent Bank (IBTX). 4. Pfizer (PFE) said it is in talks to shift more of its medicine production to outside contractors as it prepares for large-scale production of an experimental vaccine to prevent COVID-19, should it prove safe and effective, Reuters' Carl O'Donnell and Michael Erman reported. The U.S. drugmaker is tapping its network of around 200 outside contractors, which includes Catalent (CTLT), Lonza Group (LZAGY), and Thermo Fisher Scientific (TMO), to play a bigger role in producing some of its existing medicines, Mike McDermott, president of global supply at Pfizer, told Reuters in an interview. 5. Boyd Gaming (BYD), Tencent (TCEHY), Alibaba (BABA), JD.com (JD), Equinix (EQIX), QTS Realty (QTS), American Tower (AMT), SBA Communications (SBAC), Alexandra Real Estate (ARE), Prologis (PLD), Douglas Emmett (DEI), AvalonBay Communities (AVB), Equity Residential (EQR), Agree Realty (ADC), and Four Corners (FCPT) saw positive mentions in this week's edition of Barron's.

ShowHide Related Items >><<
TSLA Tesla
$819.01 /

+38.8 (+4.97%)

05/07/20 Roth Capital
Tesla's reported suspension in Shanghai adds downside risk, says Roth Capital
05/04/20 Morgan Stanley
Tesla price target raised to $680 from $440 at Morgan Stanley
05/01/20 Morgan Stanley
Musk tweet reflects 'genuine concern' over Q2 declines, says Morgan Stanley
05/01/20 Deutsche Bank
Tesla price target raised to $850 from $510 at Deutsche Bank
GILD Gilead
$77.45 /

-0.14 (-0.18%)

05/06/20 Goldman Sachs
Goldman says Novo Nordisk NASH data a 'clear positive' for Intercept
05/05/20 Citi
ICER value of Remdesivir at $4,500 supportive of value, says Citi
05/04/20 Benchmark
Regeneron report more about COVID-19 progress than earnings, says Benchmark
05/04/20 Piper Sandler
Remdesivir given 'fairly lax' treatment requirements, say Piper Sandler
RF Regions Financial
$10.32 /

+0.465 (+4.72%)

04/14/20 Compass Point
Regions Financial initiated with a Neutral at Compass Point
03/19/20 Goldman Sachs
Regions Financial upgraded to Conviction Buy from Buy at Goldman Sachs
03/17/20 Wedbush
Regions Financial added to Best List Ideas at Wedbush
03/09/20 Raymond James
Regions Financial double downgraded at Raymond James as oil prices sink
SNV Synovus
$19.77 /

+1.11 (+5.95%)

03/30/20 Wells Fargo
Synovus upgraded to Overweight from Equal Weight at Wells Fargo
03/30/20 Wells Fargo
Synovus upgraded to Overweight from Equal Weight at Wells Fargo
03/06/20 SunTrust
SunTrust cuts price targets on Banks amid lower interest rate environment
03/04/20 DA Davidson
Synovus price target lowered to $35 from $42 at DA Davidson
FFWM First Foundation
$12.97 /

+0.28 (+2.21%)

04/24/20 Piper Sandler
First Foundation upgraded to Overweight from Neutral at Piper Sandler
03/24/20
Fly Intel: Top five analyst initiations
03/23/20 Wedbush
Wedbush starts First Foundation at Outperform, cites defensive positioning
03/23/20 Wedbush
First Foundation initiated with an Outperform at Wedbush
ACBI Atlantic Capital
$11.68 /

+0.59 (+5.32%)

09/05/19 Keefe Bruyette
Atlantic Capital downgraded to Market Perform from Outperform at Keefe Bruyette
TCF TCF Financial
$28.19 /

+1.97 (+7.51%)

04/17/20 Wedbush
TCF Financial upgraded to Outperform from Neutral at Wedbush
04/17/20 Wedbush
TCF Financial upgraded to Outperform from Neutral at Wedbush
03/10/20
Fly Intel: Top five analyst upgrades
03/10/20 UBS
TCF Financial upgraded to Buy from Neutral at UBS
CFG Citizens Financial
$22.18 /

+0.935 (+4.40%)

05/04/20 UBS
Wells Fargo, PNC Financial cut to Sell, Keycorp cut to Neutral at UBS
05/04/20 UBS
Citizens Financial upgraded to Buy from Neutral at UBS
04/20/20 Morgan Stanley
Amazon removed from Fresh Money Buy List at Morgan Stanley
04/14/20 Compass Point
Citizens Financial initiated with a Neutral at Compass Point
PB Prosperity Bancshares
$60.04 /

+3.07 (+5.39%)

04/30/20 SunTrust
Prosperity Bancshares price target raised to $75 from $55 at SunTrust
04/30/20 BofA
Prosperity Bancshares upgraded to Neutral from Underperform at BofA
04/30/20 BofA
Prosperity Bancshares upgraded to Neutral from Underperform at BofA
04/14/20 Compass Point
Prosperity Bancshares initiated with a Buy at Compass Point
BXS BancorpSouth
$20.79 /

+1.2 (+6.13%)

03/02/20 Janney Montgomery Scott
BancorpSouth upgraded to Buy from Neutral at Janney Montgomery Scott
01/30/20 DA Davidson
BancorpSouth upgraded to Buy from Neutral at DA Davidson
09/25/19
Fly Intel: Top analyst upgrades
TD Toronto-Dominion
$40.96 /

+0.79 (+1.97%)

03/13/20 BofA
Toronto-Dominion downgraded to Neutral from Buy at BofA
03/09/20 Barclays
Toronto-Dominion price target lowered to C$69 from C$78 at Barclays
02/28/20 Canaccord
Toronto-Dominion downgraded to Hold from Buy at Canaccord
02/04/20
Fly Intel: Top five analyst upgrades
BMO Bank of Montreal
$49.00 /

+1.06 (+2.21%)

04/28/20 TD Securities
Bank of Montreal downgraded to Buy on outperformance at TD Securities
04/28/20 TD Securities
Bank of Montreal downgraded to Buy from Action List Buy at TD Securities
03/20/20 TD Securities
Bank of Montreal upgraded to Buy from Hold at TD Securities
03/09/20 Barclays
Bank of Montreal price target lowered to C$85 from C$105 at Barclays
IBTX Independent Bank
$30.41 /

+2.66 (+9.59%)

02/20/20 UBS
Texas Capital upgraded to Neutral from Sell at UBS
01/29/20 Stephens
Stephens ups Independent Bank to Overweight, says integration risk priced in
01/29/20 Stephens
Independent Bank upgraded to Overweight from Equal Weight at Stephens
12/18/19 Stephens
Independent Bank downgraded to Equal Weight from Overweight at Stephens
PFE Pfizer
$37.20 /

+0.24 (+0.65%)

05/10/20 Piper Sandler
Piper Sandler bullish on Eidos, says AG10 opportunity remains very exciting
04/29/20 Piper Sandler
Piper backs Overweight on Opko as BioReference starts COVID-19 antibody testing
04/28/20 SVB Leerink
SVB Leerink bullish on Zentalis, initiates with an Outperform
04/28/20 BofA
BioNTech downgraded to Neutral from Buy at BofA
CTLT Catalent
$71.91 /

+0.87 (+1.22%)

05/06/20 Baird
Catalent price target raised to $74 from $63 at Baird
04/29/20 Stephens
Catalent deal with J&J could represent $600M revenue opportunity, says Stephens
04/20/20 RBC Capital
Catalent initiated with an Outperform at RBC Capital
03/11/20 JPMorgan
JPMorgan continues to recommend select exposure to Life Science Tools
LZAGY Lonza
$0.00 /

+ (+0.00%)

TMO Thermo Fisher
$331.58 /

-7.1 (-2.10%)

04/23/20 SVB Leerink
Thermo Fisher price target raised to $365 from $330 at SVB Leerink
04/23/20 Needham
Thermo Fisher price target raised to $383 from $341 at Needham
04/21/20 Wells Fargo
Danaher price target raised to $170 from $155 at Wells Fargo
03/30/20 Wells Fargo
Thermo Fisher price target lowered to $300 from $345 at Wells Fargo
BYD Boyd Gaming
$17.96 /

+0.75 (+4.36%)

04/29/20 Deutsche Bank
Boyd Gaming price target lowered to $22 from $42 at Deutsche Bank
04/29/20 Union Gaming
Boyd Gaming downgraded to Hold from Buy at Union Gaming
04/27/20 Nomura Instinet
Nomura sees 'attractive upside' in Boyd and Penn National as casinos reopen
04/27/20 Nomura Instinet
Boyd, Penn offer 'attractive upside' upon reopening, says Nomura Instinet
TCEHY Tencent
$0.00 /

+ (+0.00%)

03/23/20 Oppenheimer
Tencent, Baidu, Alibaba attractive at current levels, says Oppenheimer
03/20/20 China Renaissance
Huya upgraded to Buy on valuation at China Renaissance
02/25/20 Goldman Sachs
Huya downgraded to Neutral on cost inflation at Goldman Sachs
02/10/20 Oppenheimer
Tencent,Tencent Music more resilient amid coronavirus outbreak, says Oppenheimer
BABA Alibaba
$201.27 /

+4.85 (+2.47%)

04/09/20 Morgan Stanley
Alibaba 'core of core' revenue recovery outlook improved, says Morgan Stanley
02/20/20 Argus
Alibaba price target raised to $260 from $210 at Argus
JD JD.com
$46.79 /

+2.03 (+4.54%)

04/14/20 Morgan Stanley
JD.com upgraded to Overweight from Equal Weight at Morgan Stanley
03/17/20 Bernstein
JD.com upgraded to Outperform from Market Perform at Bernstein
03/03/20 Susquehanna
JD.com price target raised to $45 from $35 at Susquehanna
03/03/20 Benchmark
JD.com price target raised to $60 from $42 at Benchmark
EQIX Equinix
$677.86 /

+3.05 (+0.45%)

05/07/20 Wells Fargo
Equinix price target raised to $745 from $675 at Wells Fargo
05/07/20 JPMorgan
Equinix price target raised to $725 from $675 at JPMorgan
04/27/20 JPMorgan
JPMorgan positive on data center demand, Equinix top large cap pick
04/16/20 Raymond James
Equinix double downgraded to Market Perform at Raymond James on valuation
QTS QTS Realty Trust
$65.29 /

+1.315 (+2.06%)

05/04/20
Fly Intel: Top five analyst upgrades
05/04/20 Jefferies
QTS Realty Trust, CyrusOne upgraded to Buy on WFH boost at Jefferies
05/04/20 Jefferies
QTS Realty Trust upgraded to Buy from Hold at Jefferies
04/30/20 JPMorgan
QTS Realty Trust target raised to $70 on 'solid' Q1 at JPMorgan
AMT American Tower
$238.18 /

+2.92 (+1.24%)

05/06/20 Wells Fargo
American Tower price target raised to $272 from $265 at Wells Fargo
04/30/20 Credit Suisse
American Tower price target lowered to $300 from $308 at Credit Suisse
04/28/20 Credit Suisse
American Tower initiated with an Outperform at Credit Suisse
04/23/20 Oppenheimer
Facebook stake in Reliance Jio positive for American Tower, says Oppenheimer
SBAC SBA Communications
$291.43 /

+5.44 (+1.90%)

05/06/20 Wells Fargo
SBA Communications price target raised to $325 from $305 at Wells Fargo
04/28/20 Credit Suisse
SBA Communications initiated with an Outperform at Credit Suisse
04/07/20 Wells Fargo
SBA Communications upgraded to Overweight at Wells Fargo
04/07/20 MoffettNathanson
SBA Communications upgraded to Buy from Neutral at MoffettNathanson
ARE Alexandria Real Estate
$151.68 /

+0.195 (+0.13%)

02/04/20 Mizuho
Alexandria Real Estate assumed with a Buy at Mizuho
12/18/19 JPMorgan
JPMorgan makes 17 REIT rating changes in conjunction with 2020 outlook
12/18/19 RBC Capital
Alexandria Real Estate downgraded to Outperform from Top Pick at RBC Capital
12/18/19 JPMorgan
Alexandria Real Estate upgraded to Overweight from Neutral at JPMorgan
PLD Prologis
$89.95 /

+1.94 (+2.20%)

04/24/20 Deutsche Bank
Prologis price target lowered to $90 from $96 at Deutsche Bank
04/13/20 Morgan Stanley
Morgan Stanley recommends Overweight Prologis, Underweight UPS pair trade
04/06/20 Stifel
Prologis price target raised to $85 from $76 at Stifel
03/18/20 Deutsche Bank
Deutsche Bank upgrades Simon Property to Buy amid COVID-19 risks
DEI Douglas Emmett
$29.48 /

+1.02 (+3.58%)

04/16/20 Jefferies
Douglas Emmett initiated with a Buy at Jefferies
03/26/20 RBC Capital
Cheesecake, AMC news highlight tenants financial stress, says RBC Capital
03/25/20 Evercore ISI
Douglas Emmett upgraded to Outperform from In Line at Evercore ISI
02/04/20 Mizuho
Douglas Emmett assumed with a Neutral at Mizuho
AVB AvalonBay
$163.83 /

+3.62 (+2.26%)

04/02/20 Mizuho
AvalonBay downgraded to Neutral from Buy at Mizuho
03/26/20 Piper Sandler
AvalonBay downgraded to Underweight from Neutral at Piper Sandler
03/10/20 BTIG
Investors Real Estate, AvalonBay price targets lowered at BTIG
02/18/20 SunTrust
AvalonBay price target raised to $235 from $222 at SunTrust
EQR Equity Residential
$64.13 /

+1.07 (+1.70%)

04/24/20 Piper Sandler
Equity Residential downgraded to Underweight from Neutral at Piper Sandler
03/17/20 Baird
Equity Residential upgraded to Neutral from Underperform at Baird
03/10/20 BTIG
Equity Residential upgraded to Buy from Neutral at BTIG
03/10/20 BTIG
Equity Residential upgraded to Buy from Neutral at BTIG
ADC Agree Realty
$64.76 /

+1.2 (+1.89%)

04/08/20 Odeon Capital
Agree Realty initiated with a Buy at Odeon Capital
04/07/20 Citi
Agree Realty price target lowered to $70 from $82 at Citi
12/12/19 Citi
Agree Realty upgraded to Buy from Neutral at Citi
12/05/19 Capital One
Agree Realty initiated with an Overweight at Capital One
FCPT Four Corners Property Trust
$21.86 /

+0.69 (+3.26%)

02/13/20 Ladenburg
Four Corners Property Trust could reveal catalysts on call, says Ladenburg
01/24/20
Fly Intel: Top five analyst initiations
01/24/20 Evercore ISI
Four Corners Property Trust initiated with an Outperform at Evercore ISI
12/18/19 JPMorgan
Four Corners Property Trust initiated with a Neutral at JPMorgan
Periodicals
Bank mergers should resume when crisis passes, Barron's says » 09:39
05/09/20
05/09
09:39
05/09/20
09:39
SNV

Synovus

$19.77 /

+1.11 (+5.95%)

, RF

Regions Financial

$10.32 /

+0.465 (+4.72%)

, FFWM

First Foundation

$12.97 /

+0.28 (+2.21%)

, ACBI

Atlantic Capital

$11.68 /

+0.59 (+5.32%)

, TCF

TCF Financial

$28.19 /

+1.97 (+7.51%)

, CFG

Citizens Financial

$22.18 /

+0.935 (+4.40%)

, PB

Prosperity Bancshares

$60.04 /

+3.07 (+5.39%)

, BXS

BancorpSouth

$20.79 /

+1.2 (+6.13%)

, TD

Toronto-Dominion

$40.96 /

+0.79 (+1.97%)

, BMO

Bank of Montreal

$49.00 /

+1.06 (+2.21%)

, IBTX

Independent Bank

$30.41 /

+2.66 (+9.59%)

The U.S. has lost nearly…

The U.S. has lost nearly 40% of its banks since the financial crisis, largely due to industry consolidation, and many industry observers see the trend resuming once the nation's health crisis passes and economic activity begins to normalize, Carleton English writes in this week's edition of Barron's. The publication identified at least six potential targets, namely Regions Financial (RF), Synovus Financial (SNV), First Foundation (FFWM), Atlantic Capital (ACBI), TCF Financial (TCF), and Citizens Financial (CFG). On the potential buyers side, Barron's highlights Prosperity Bancshares (PB), BancorpSouth Bank (BXS), Toronto-Dominion Bank (TD), Bank of Montreal (BMO), and Independent Bank (IBTX). Reference Link

ShowHide Related Items >><<
SNV Synovus
$19.77 /

+1.11 (+5.95%)

03/30/20 Wells Fargo
Synovus upgraded to Overweight from Equal Weight at Wells Fargo
03/30/20 Wells Fargo
Synovus upgraded to Overweight from Equal Weight at Wells Fargo
03/06/20 SunTrust
SunTrust cuts price targets on Banks amid lower interest rate environment
03/04/20 DA Davidson
Synovus price target lowered to $35 from $42 at DA Davidson
RF Regions Financial
$10.32 /

+0.465 (+4.72%)

04/14/20 Compass Point
Regions Financial initiated with a Neutral at Compass Point
03/19/20 Goldman Sachs
Regions Financial upgraded to Conviction Buy from Buy at Goldman Sachs
03/17/20 Wedbush
Regions Financial added to Best List Ideas at Wedbush
03/09/20 Raymond James
Regions Financial double downgraded at Raymond James as oil prices sink
FFWM First Foundation
$12.97 /

+0.28 (+2.21%)

04/24/20 Piper Sandler
First Foundation upgraded to Overweight from Neutral at Piper Sandler
03/24/20
Fly Intel: Top five analyst initiations
03/23/20 Wedbush
Wedbush starts First Foundation at Outperform, cites defensive positioning
03/23/20 Wedbush
First Foundation initiated with an Outperform at Wedbush
ACBI Atlantic Capital
$11.68 /

+0.59 (+5.32%)

09/05/19 Keefe Bruyette
Atlantic Capital downgraded to Market Perform from Outperform at Keefe Bruyette
TCF TCF Financial
$28.19 /

+1.97 (+7.51%)

04/17/20 Wedbush
TCF Financial upgraded to Outperform from Neutral at Wedbush
04/17/20 Wedbush
TCF Financial upgraded to Outperform from Neutral at Wedbush
03/10/20
Fly Intel: Top five analyst upgrades
03/10/20 UBS
TCF Financial upgraded to Buy from Neutral at UBS
CFG Citizens Financial
$22.18 /

+0.935 (+4.40%)

05/04/20 UBS
Wells Fargo, PNC Financial cut to Sell, Keycorp cut to Neutral at UBS
05/04/20 UBS
Citizens Financial upgraded to Buy from Neutral at UBS
04/20/20 Morgan Stanley
Amazon removed from Fresh Money Buy List at Morgan Stanley
04/14/20 Compass Point
Citizens Financial initiated with a Neutral at Compass Point
PB Prosperity Bancshares
$60.04 /

+3.07 (+5.39%)

04/30/20 SunTrust
Prosperity Bancshares price target raised to $75 from $55 at SunTrust
04/30/20 BofA
Prosperity Bancshares upgraded to Neutral from Underperform at BofA
04/30/20 BofA
Prosperity Bancshares upgraded to Neutral from Underperform at BofA
04/14/20 Compass Point
Prosperity Bancshares initiated with a Buy at Compass Point
BXS BancorpSouth
$20.79 /

+1.2 (+6.13%)

03/02/20 Janney Montgomery Scott
BancorpSouth upgraded to Buy from Neutral at Janney Montgomery Scott
01/30/20 DA Davidson
BancorpSouth upgraded to Buy from Neutral at DA Davidson
09/25/19
Fly Intel: Top analyst upgrades
TD Toronto-Dominion
$40.96 /

+0.79 (+1.97%)

03/13/20 BofA
Toronto-Dominion downgraded to Neutral from Buy at BofA
03/09/20 Barclays
Toronto-Dominion price target lowered to C$69 from C$78 at Barclays
02/28/20 Canaccord
Toronto-Dominion downgraded to Hold from Buy at Canaccord
02/04/20
Fly Intel: Top five analyst upgrades
BMO Bank of Montreal
$49.00 /

+1.06 (+2.21%)

04/28/20 TD Securities
Bank of Montreal downgraded to Buy on outperformance at TD Securities
04/28/20 TD Securities
Bank of Montreal downgraded to Buy from Action List Buy at TD Securities
03/20/20 TD Securities
Bank of Montreal upgraded to Buy from Hold at TD Securities
03/09/20 Barclays
Bank of Montreal price target lowered to C$85 from C$105 at Barclays
IBTX Independent Bank
$30.41 /

+2.66 (+9.59%)

02/20/20 UBS
Texas Capital upgraded to Neutral from Sell at UBS
01/29/20 Stephens
Stephens ups Independent Bank to Overweight, says integration risk priced in
01/29/20 Stephens
Independent Bank upgraded to Overweight from Equal Weight at Stephens
12/18/19 Stephens
Independent Bank downgraded to Equal Weight from Overweight at Stephens
Downgrade
Wells Fargo, PNC Financial cut to Sell, Keycorp cut to Neutral at UBS » 07:29
05/04/20
05/04
07:29
05/04/20
07:29
WFC

Wells Fargo

$27.59 /

-1.43 (-4.93%)

, PNC

PNC Financial

$103.01 /

-3.85 (-3.60%)

, KEY

KeyCorp

$11.07 /

-0.585 (-5.02%)

, CFG

Citizens Financial

$21.41 /

-0.985 (-4.40%)

UBS analyst Saul Martinez…

UBS analyst Saul Martinez downgraded Wells Fargo (WFC) and PNC Financial (PNC) to Sell from Neutral and also cut Keycorp (KEY) to Neutral from Buy. The analyst notes that "material reserve" bookings after CECL implementation in Q1 are insufficient considering the likely worsening of commercial credit quality. Martinez adds that many bank stocks have also come off the March lows and now trade at "historically elevated" PE multiples, even though higher loan loss provisions are driving his downward revisions in the sector. As part of the broader research note on Large Cap Banks, Martinez also upgrades Citizens Financial (CFG) to Buy from Neutral.

ShowHide Related Items >><<
WFC Wells Fargo
$27.59 /

-1.43 (-4.93%)

05/04/20 UBS
Wells Fargo downgraded to Sell from Neutral at UBS
04/21/20 Credit Suisse
Wells Fargo price target lowered to $40 from $45 at Credit Suisse
04/15/20 BMO Capital
Wells Fargo price target lowered to $35 from $37 at BMO Capital
04/14/20 Compass Point
Wells Fargo initiated with a Neutral at Compass Point
PNC PNC Financial
$103.01 /

-3.85 (-3.60%)

05/04/20 UBS
PNC Financial downgraded to Sell from Neutral at UBS
04/16/20 Nomura Instinet
PNC Financial upgraded to Buy from Neutral at Nomura Instinet
04/14/20 Compass Point
PNC Financial initiated with a Neutral at Compass Point
04/06/20 Wells Fargo
Wells Fargo sees information 'void' until banks report earnings next week
KEY KeyCorp
$11.07 /

-0.585 (-5.02%)

05/04/20 UBS
KeyCorp downgraded to Neutral from Buy at UBS
04/17/20 BofA
KeyCorp downgraded to Neutral from Buy at BofA
04/17/20 BofA
KeyCorp downgraded to Neutral from Buy at BofA
04/07/20 Morgan Stanley
KeyCorp downgraded to Equal Weight on credit quality concerns at Morgan Stanley
CFG Citizens Financial
$21.41 /

-0.985 (-4.40%)

05/04/20 UBS
Citizens Financial upgraded to Buy from Neutral at UBS
04/20/20 Morgan Stanley
Amazon removed from Fresh Money Buy List at Morgan Stanley
04/14/20 Compass Point
Citizens Financial initiated with a Neutral at Compass Point
01/06/20 Barclays
Citizens Financial upgraded to Overweight from Equal Weight at Barclays
Upgrade
Citizens Financial upgraded to Buy from Neutral at UBS » 06:55
05/04/20
05/04
06:55
05/04/20
06:55
CFG

Citizens Financial

$21.41 /

-0.985 (-4.40%)

UBS upgraded Citizens…

UBS upgraded Citizens Financial to Buy from Neutral.

ShowHide Related Items >><<
CFG Citizens Financial
$21.41 /

-0.985 (-4.40%)

04/20/20 Morgan Stanley
Amazon removed from Fresh Money Buy List at Morgan Stanley
04/14/20 Compass Point
Citizens Financial initiated with a Neutral at Compass Point
01/06/20 Barclays
Citizens Financial upgraded to Overweight from Equal Weight at Barclays
12/16/19 Citi
Citizens Financial upgraded to Neutral from Sell at Citi

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