Compass Point

According to a research report this morning, Cullen/Frost Bankers (NYSE: CFR) exceeded EPS expectations with a $0.99 EPS for 1Q12. Thus, Compass Point increases FY12/13 EPS estimates from $3.56 and 3.68 to $3.91 and $3.98, respectively and increases the PT from $46 to $54. Compass Point explained...

Listed below are today's Top Downgrades at Benzinga: Canaccord Downgrades MetroPCS (NYSE: PCS) to Hold: Canaccord commented in the report, "With the report and associated commentary, we now question if the business model will be capable of competing in a market where data has become more...

According to a research report published this morning, Compass Point has downgraded Green Dot (NYSE: GDOT) from Buy to Neutral, and lowered PT from $43 to $30. In the report, Compass Point commented, "Green Dot is positioned to continue winning share of the untapped unbanked market of 17M...

Compass Point increases its price target on Neutral-rated Comerica (NYSE: CMA) from $29 to $33 as loan growth and credit strength highlight a strong quarter for the bank. Compass Point says, "Earnings were strong, evenin light of what were low investor expectations. Avg. loan growth, net interest...

Compass Point increases its price target from $21.50 to $25 on Neutral rated Lennar Corporation (NYSE: LEN) as Rialto gains momentum. Compass Point notes, "The company continues to execute on its strategy of finding attractive land deals in well positioned submarkets as evidenced by consistent...

In a research report published earlier today, Compass Point has increased Wells Fargo's (NYSE: WFC) PT from $37 to $39. According to Compass Point, "The increase in our price target reflects a lower risk premium as negative headlines from mortgage servicing issues appear to be largely behind the...

According to Compass Point, Apollo Global Management (NYSE: APO) price target is raised to $17.50. Compass Point said that it reiterates its Buy rating and increases its price target to $17.50 from $15.50 based on the incorporation of an improved environment for realizations. “We are encouraged by...

Compass Point has downgraded Coinstar (NASDAQ: CSTR) from Buy to Neutral with a $56 price target.

Compass Point lowers its rating on First Horizon (NYSE: FHN) to Neutral from Buy, reiterating its price target of $11, to reflect near term risk the company faces, although fundamentals are moving in the right direction, overall. Compass Point says, "We upgraded FHN to buy on October 14, 2011...

Compass Point has downgraded Comerica (NYSE: CMA) from Buy to Neutral and has a $29 price target.

Compass Point has downgraded BB&T Corporation (NYSE: BBT) from Buy to Neutral.

Compass Point has initiated coverage on the following companies: The Brink's Company (NYSE: BCO) Buy, $30 PT Cardtronics (NASDAQ: CATM) Buy, $31 PT NCR Corporation (NYSE: NCR) Nerutral, $18 PT

Compass Point has initiated coverage on the following companies: Coinstar (NASDAQ: CSTR) Buy, $56 PT Diebold (NYSE: DBD) Neutral, $32 PT Global Cash Access Holdings (NYSE: GCA) Neutral, $5 PT

Compass Point has initiated coverage on RLJ Lodging Trust (NYSE: RLJ) with a Buy rating and $18 price target.