| Over a week ago | ||||
Keefe Bruyette to hold a conference »
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Winter Financial Services… Winter Financial Services Conference will be held in Miami on February 13-14. | ||||
Keefe Bruyette to hold a conference »
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Winter Financial Services… Winter Financial Services Conference will be held in Miami on February 13-14. | ||||
Buckingham analyst James… Buckingham analyst James Mitchell raised his price target for Moelis (MC) to $41 from $39 and reiterated a Buy rating following the company's Q4 results, saying the 2020 outlook was more bullish than expected, with CEO Ken Moelis indicating that business seems as "good as it has ever been." With significant inflows into PE assets continuing, Mitchell says he sees Moelis' positioning in this space as a driver of potential upside and solid growth over the intermediate-term, but notes that while Moelis was a top pick heading into 2020, the stock has rallied nearly 20% year-to-date, and he sees greater near-term upside in Evercore Partners (EVR), his other 2020 top pick among the boutiques. | ||||
| Over a month ago | ||||
Reports Q4 adjusted… Reports Q4 adjusted revenue $668.5M, consensus $576.15M. | ||||
Private Capital… Private Capital Conference will be held in Houston on January 23. | ||||
Wolfe Research downgraded… Wolfe Research downgraded Evercore Partners to Peer Perform from Outperform. |
| Over a quarter ago | ||||
Morgan Stanley analyst… Morgan Stanley analyst Manan Gosalia initiated coverage of Evercore Partners with an Overweight rating and $96 price target, stating that he expects the stock's current discount to its own 3-year historical average to partially reverse in the medium term. This is because he sees Evercore's recent investments laying the groundwork to reaccelerate its share gains, believes the ISI acquisition is currently being undervalued, and he expects revenues to rebound in the next two quarters following the company's recent miss. | ||||
Stocks were generally… | ||||
Shares of Walgreens Boots… | ||||
Walgreens Boots Alliance… Walgreens Boots Alliance (WBA) has explored taking itself private, sources told Reuters' Greg Roumeliotis and Mike Spector. Walgreens has hired investment bank Evercore Partners (EVR) to explore whether a deal can be put together, sources said, adding that "a deal is far from certain." The report added, citing one source, that Walgreens has also "contemplated divesting some of its assets, such as its 27% stake in drug wholesaler AmerisourceBergen Corp (ABC), to provide more funding." Reference Link | ||||