Information Provided By:
Fly News Breaks for May 11, 2015
May 11, 2015 | 06:29 EDT
Citigroup attributes the year-to-date pullback in shares of RCS Capital to concerns over the Department of Labor Fiduciary Reform impact and perceived risk of violating debt covenants. After reviewing RCS Capital's cash flows, Citi does not expect the company to violate its debt covenants. The firm believes the stock can more than double from current levels and keeps a Buy rating on the name with an $18 price target.
News For RCAP From the Last 2 Days
There are no results for your query RCAP
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.