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UPDATE: Compass Point Upgrades First Horizon National to Neutral After Weak 1Q13 Results
Monday, April 22, 2013 - 8:38am | 188Read More...In a report published Monday, Compass Point analyst Mike Turner upgraded the rating on First Horizon National Corporation (NYSE: FHN) from Sell to Neutral, and slightly raised the price target from $9.50 to $10.00. In the report, Turner noted, “1Q13 results fell below expectations on increased NIM...
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UPDATE: Compass Point Downgrades Verifone Systems to Neutral on Weak 1QFY13 Earnings Results
Friday, April 19, 2013 - 8:29am | 191Read More...In a report published Friday, Compass Point analyst Douglas Greiner downgraded the rating on Verifone Systems (NYSE: PAY) from Buy to Neutral, and lowered the price target from $25.00 to $20.00. In the report, Greiner noted, “We tactically upgraded our rating from Neutral to Buy on February 21st...
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UPDATE: Compass Point Downgrades Huntington Bancshares to Neutral Following 1Q13 Earnings
Thursday, April 18, 2013 - 8:34am | 197Read More...In a report published Thursday, Compass Point analyst Jason Stewart downgraded the rating on Huntington Bancshares (NASDAQ: HBAN) from Buy to Neutral, but reiterated the $8.00 price target. In the report, Stewart noted, “Following 1Q13 earnings, we downgrade our rating on the shares of HBAN to...
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UPDATE: Compass Point Upgrades NCR Corporation to Buy on Diverse Revenue Mix
Wednesday, April 17, 2013 - 8:07am | 138Read More...In a report published Wednesday, Compass Point analyst Douglas Greiner upgraded the rating on NCR Corporation (NYSE: NCR) from Neutral to Buy, and raised the price target from $30.00 to $33.00. In the report, Grenier noted, “We have been cautious to move our price target higher given the somewhat...
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UPDATE: Compass Point Initiates American Capital with Buy on Good Recovery Potential
Thursday, April 11, 2013 - 9:04am | 185Read More...In a report published Thursday, Compass Point analyst Mike Turner initiated coverage on American Capital Ltd. (NASDAQ: ACAS) with a Buy rating and $17.50 price target. In the report, Turner noted, “We initiate with a Buy rating and $17.50 price target. ACAS is one of the early pioneers of the BDC...
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UPDATE: Compass Point Upgrades BB&T Corporation to Buy on Expected Outperformance
Tuesday, April 9, 2013 - 8:34am | 215Read More...In a report published Tuesday, Compass Point analyst Kevin Barker upgraded the rating on BB&T Corporation (NYSE: BBT) from Neutral to Buy, and raised the price target from $34.00 to $38.00. In the report, Barket noted, “Over the past year, BBT has drastically underperformed the regional bank...
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UPDATE: Compass Point Upgrades CYS Investments to Buy on Favorable Interest Rates, Lower Share Valuation
Tuesday, April 9, 2013 - 8:18am | 154Read More...In a report published Tuesday, Compass Point analyst Jason Stewart upgraded the rating on CYS Investments (NYSE: CYS) from Neutral to Buy, and reiterated the $13.50 price target. In the report, Stewart noted, “Weaker global growth trends, which has resulted in a more favorable interest rate...
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UPDATE: Compass Point Initiates Apollo Group with Sell Rating on Expected Continued Decline
Friday, April 5, 2013 - 8:13am | 131Read More...In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage on Apollo Group (NASDAQ: APOL) with a Sell rating and $15.00 price target. In the report, Tarkan noted, “Apollo has now experienced ten consecutive quarters of declining enrollment growth, but we believe...
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UPDATE: Compass Point Initiates Corinthian Colleges with Sell Rating on Cautious Outlook
Friday, April 5, 2013 - 8:12am | 102Read More...In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage on Corinthian Colleges (NASDAQ: COCO) with a Sell rating and $1.50 price target. In the report, Tarkan noted, “Although COCO shares remain depressed, we have a cautious outlook regarding the company's liquidity,...
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UPDATE: Compass Point Initiates ITT Educational Services with Neutral Rating on Valuation
Friday, April 5, 2013 - 8:12am | 171Read More...In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage on ITT Educational Services (NYSE: ESI) with a Neutral rating and $12.00 price target. In the report, Tarkan noted, “ITT continues to work through a hard operational reset as years of meaningful enrollment and...
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UPDATE: Compass Point Initiates Coverage on DeVry with Buy Rating, $37 PT on Diversification
Friday, April 5, 2013 - 8:11am | 134Read More...In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage on DeVry (NYSE: DV) with a Buy rating and $37.00 price target. In the report, Tarkan noted, “Although we have a cautious view of the overall forprofit industry related to ongoing operational and regulatory...
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UPDATE: Compass Point Downgrades Two Harbors Investment to Neutral Ahead of Common Equity Offering
Tuesday, March 26, 2013 - 7:45am | 156Read More...Compass Point analyst Jason Stewart published a report on Two Harbors Investment (NYSE: TWO) that downgraded the company from Buy to Neutral and raised the price target to $14.75. In the report, Compass Point wrote, "While the near term outlook for levered MBS investing remains stable and the...
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UPDATE: Compass Point Downgrades CIT Group to Neutral on Fair Value
Monday, March 25, 2013 - 10:59am | 186Read More...In a report published Monday, Compass Point analyst Mike Turner downgraded the rating on CIT Group (NYSE: CIT) from Buy to Neutral, but raised the price target from $41.00 to $44.00. In the report, Turner noted, “We are downgrading our rating from Buy to Neutral as we believe the stock is fairly...
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UPDATE: Compass Point Initiates Amtrust Financial Services with Neutral High ROAE, Growing Platform
Friday, March 15, 2013 - 10:53am | 165Read More...In a report published Friday, Compass Point analyst Ken Billingsley initiated coverage on Amtrust Financial Services (NASDAQ: AFSI) with a Neutral rating and $36.00 price target. In the report, Billingsley noted, “AFSI is an opportunistic acquirer of businesses that enhance and further reinforce...
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UPDATE: Compass Point Downgrades The Charles Schwab Corp. to Sell, Reiterates $15 PT on Valuation
Friday, March 15, 2013 - 10:52am | 184Read More...In a report published Friday, Compass Point analyst Michael Tarkan downgraded his rating on The Charles Schwab Corp. (NYSE: SCHW) from Neutral to Sell, but reiterated his $15.00 price target. In the report, Tarkan noted, “Our call is primarily driven by valuation, as shares now trade at 20x our...

