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Jefferies Upgrades Citi To Buy, Sounds Optimistic Note On Latin American Business
Friday, February 22, 2019 - 4:31pm | 372Read More...Citigroup, Inc. (NYSE: C) has been a major market laggard over the past year, but one Wall Street analyst said Friday that Citi’s business will be turning the corner in 2019. The Analyst Jefferies analyst Ken Usdin upgraded Citigroup from Hold to Buy and raised the price target from $64...
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The Top 11 Analysts On TipRanks And What They Cover
Thursday, May 18, 2017 - 7:50am | 1674Read More...Some investors put their financial livelihoods in the hands of analysts researching their relevant stocks. Upgrades and downgrades determine how they play their portfolios — when to sell, when to buy, when to hold. Some analysts have better foresight than others do, though, and their...
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Jefferies Offers Preview Of Wells Fargo's Investor Day
Thursday, May 19, 2016 - 8:16am | 389Read More...Wells Fargo & Co (NYSE: WFC) is scheduled to host its Investor Day on May 24. Jefferies’ Ken Usdin maintained a Buy rating for the company, with a price target of $57. The analyst believes the Investor Day would have the usual optimism, although with “a dose of realism.”...
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Bank Investor Days Are Almost Here
Friday, February 19, 2016 - 2:51pm | 310Read More...Bank stocks have had a rough go of it so far in 2016, but the next big catalyst for three top names could be coming next week. In a new report, Jefferies analyst Ken Usdin previewed what shareholders should expect from next week’s Investor Days for JPMorgan Chase & Co. (NYSE: JPM), State...
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Jefferies, Credit Suisse Love Citigroup Stock: Here's Why
Monday, September 28, 2015 - 10:27am | 500Read More...Citigroup Inc (NYSE: C) shares crossed the $60 mark on July 22, but have declined 10 percent in the last three months. Credit Suisse’s Susan Roth Katzke as well as Jefferies’ Ken Usdin upgraded their ratings on the company. Both the analysts believe that Citigroup’s...
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UPDATE: Jefferies Raises PT on SunTrust Banks on Increased '13 Estimate
Monday, July 22, 2013 - 11:21am | 118Read More...In a report published Monday, Jefferies analyst Ken Usdin reiterated a Hold rating on SunTrust Banks (NYSE: STI), and raised the price target from $34.00 to $36.00. In the report, Jefferies noted, “We increase our '13 estimate by $0.10 to $2.75 and our '14 estimate by $0.15 to $3.00. Faster-...
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UPDATE: Jefferies Raises PT on M&T Bank Following Raised Estimates
Thursday, July 18, 2013 - 11:25am | 121Read More...In a report published Thursday, Jefferies analyst Ken Usdin reiterated a Hold rating on M&T Bank (NYSE: MTB), and raised the price target from $115.00 to $118.00. In the report, Jefferies noted, “We increase our '14 estimate to $9.15 from $8.85 (ex. merger charges). Positive deltas in our...
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UPDATE: Jefferies Lowers PT on PNC Financial Services Following Estimate Revisions
Thursday, July 18, 2013 - 11:18am | 109Read More...In a report published Thursday, Jefferies analyst Ken Usdin reiterated a Buy rating on PNC Financial Services (NYSE: PNC), but lowered the price target from $84.00 to $83.00. In the report, Jefferies noted, “Our '13 estimate moves up $0.34 to $6.99, but our '14 estimate moves $0.10 lower to $6....
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UPDATE: Jefferies Raises PT on Wells Fargo on Increased Estimates
Monday, July 15, 2013 - 9:48am | 116Read More...In a report published Monday, Jefferies analyst Ken Usdin reiterated a Buy rating on Wells Fargo (NYSE: WFC), and raised the price target from $46.00 to $48.00. In the report, Jefferies noted, “We increase our '13 estimate by $0.09 to $3.89 and our '14 estimate by $0.15 to $4.00. Better credit...
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UPDATE: Jefferies Raises PT on State Street Following Raised EPS Forecasts
Monday, June 3, 2013 - 10:43am | 121Read More...In a report published Monday, Jefferies analyst Ken Usdin reiterated a Buy rating on State Street (NYSE: STT), and raised the price target from $65.00 to $75.00. In the report, Jefferies noted, “We mark our EPS forecasts higher with equity markets up 4% QTD, putting us above the Street for 2Q13...
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UPDATE: Jefferies Raises PT on Northern Trust Following Raised EPS Forecasts
Monday, June 3, 2013 - 10:39am | 120Read More...In a report published Monday, Jefferies analyst Ken Usdin reiterated a Hold rating on Northern Trust (NASDAQ: NTRS), and raised the price target from $53.00 to $59.00. In the report, Jefferies noted, “We mark our EPS forecasts higher with equity markets up 4% QTD, putting us above the Street...
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UPDATE: Jefferies Raises PT on Bank of New York Mellon Following Raised EPS Forecasts
Monday, June 3, 2013 - 10:36am | 127Read More...In a report published Monday, Jefferies analyst Ken Usdin reiterated a Hold rating on Bank of New York Mellon (NYSE: BK), and raised the price target from $29.00 to $32.00. In the report, Jefferies noted, “We mark our EPS forecasts higher with equity markets up 4% QTD, putting us above the...
