Compass Point

Compass Point has published a research report announcing that they are initiating coverage on Walker & Dunlop Inc. (NYSE: WD) with a Buy rating and a $16 price target. In the report, Compass Point writes, “We establish our price target based on an NPV of our estimated 2014 terminal value of...

Compass Point is out with its report today on Huntington Bancshares (NASDAQ: HBAN), upgrading HBAN to Buy from Neutral. In its report, Compass Point writes, "Recent concerns over auto loan pricing and thus NIM contraction, as well as growth challenges have resulted in downward pressure on shares...

Compass Point upgraded its rating on CIT (NYSE: CIT) from Neutral to Buy. At the same time, the rating agency left its price target on the company's stock unchanged at $46. On Wednesday, CIT closed the day at $31.22.

Compass Point reiterated its Neutral rating on People's United Financial (NASDAQ: PBCT). At the same time, the rating agency left its price target on the company's stock unchanged at $14. On Monday, PBCT lost 0.75% of its value to finish the day at $13.18.

Compass Point reiterates its Sell rating on Regions Financial Corporation (NYSE: RF). In a research report published today, Compass Point states, ""We estimate that RF becomes an attractive take-out target at the $3.00 level. Given we do not believe RF is in the need to sell themselves, we view...

Compass Point is out with its report today on KeyCorp (NYSE: KEY), upgrading KEY to Buy. In a note to clients, Compass Point writes, "We are upgrading shares of KEY from Neutral to Buy. Trading at .93x TBV and with 10.7% Tier 1 common, we believe the recent sell‐off provides an attractive risk/...

Compass Point is out with its report today on Howard Hughes (NYSE: HHC), reiterating Buy. In a note to clients, Compass Point writes, "We reiterate our Buy rating and $75 price target on shares of HHC. HHC reported a solid 1Q11, with After Tax Cash Flow earnings of $0.39 versus our estimate of $0....

Compass Point is out with its report today on Oriental Financial Group (NYSE: OFG), reiterating Buy. In a note to clients, Compass Point writes, "We reiterate our price target of $16.50 and our buy rating on shares of OFG. We are reducing our 2011E EPS from $0.92 to $0.73 and reducing our 2012E...

Compass Point is maintaining its $19 price target and its Buy rating on Fifth Third Bancorp (NASDAQ: FITB), citing improved outlook on the stock. According to Compass Point, “We reiterate our $19 price target and our buy rating on shares of FITB. We are reducing our 2011E EPS from $1.13 to $0.88...

Compass Point has raised its price target on PNC Financial Services (NYSE: PNC) from $74 to $82.50 based upon results ahead of expectations. Says Compass Point, in its report, “We are increasing our price target for PNC from $74 to $82.50 as expense management is outpacing our estimates. We are...

Compass Point has issued a report regarding the H&R Block (NYSE: HRB) retail filing statistics. According to the report, “HRB reported YTD retail filing statistics that beat prior guidance but are below what we believe IRS filing statistics may have implied. Digital filing growth accelerated...

Compass Point is reiterating its $33 price target and its Neutral rating on shares of Wells Fargo & Company (NYSE: WFC). “We are reducing our 2011E EPS from $2.71 to $2.67 and our 2012E EPS from $3.24 to $3.20,” Compass Point writes. “Our adjustment is reflective of higher deposit insurance...

Compass Point has upgraded City National (NYSE: CYN) to a Buy Rating and increased the Price Target from $60 to $70. According to Compass Point, "At this point, we believe the downside for shares of CYN is limited with significant upside if/when interest rates increase." CYN closed yesterday at $...

Compass Point has raised the Price Target of TCF Financial (NYSE: TCB) from $12 a share to $14 and upgraded the shares from Sell to Neutral. Compass Point writes, "Given potential credit deterioration in prime mortgage credit and falling home prices in TCB's core markets of Chicago and Minneapolis...

Compass Point recently upped its price target on shares of Howard Hughes Corp. (NYSE: HHC), going to $70 from $50. It has a Buy rating on shares. In a note sent to clients, Compass writes, "We reiterate our Buy rating on shares of HHC and are increasing our long-term price target to $70 from $50....