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'Suboptimal' Risk-Return Triggers Capital One Downgrade
Wednesday, February 21, 2018 - 2:05pm | 389Read More...Capital One Financial Corp. (NYSE: COF)'s upside is fully priced in, according to Nomura, and the bank and credit card issuer has little room for multiple expansion. The Analyst Nomura analyst Bill Carcache downgraded shares of Capital One from Buy to Neutral and lowered the price...
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The Risks For American Express Are Priced In, Analyst Says In Upgrade
Monday, February 12, 2018 - 1:36pm | 370Read More...Shares of American Express Company (NYSE: AXP) have lost more than 6 percent since the start of 2018. and one Wall Street analyst said the multiple risks faced by the company are discounted in the stock. The Analyst Nomura Instinet's Bill Carcache upgraded American Express Co. ...
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A Look Back At PayPal's Impressive Week
Friday, July 21, 2017 - 2:37pm | 696Read More...PayPal Holdings Inc. (NASDAQ: PYPL) has been on a roll with several new partnerships as the stock continues to trade at record highs. Over the past week, PayPal has signed new deals with Apple Inc. (NASDAQ: AAPL), Samsung Electronic (OTC: SSNLF), Visa Inc (NYSE: V)'s Visa Europe and JPMorgan Chase...
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Give Visa Credit, A Strong Q3 Bolstered By A Bright Outlook
Friday, July 21, 2017 - 10:59am | 314Read More...In a mixed financial sector, Visa Inc (NYSE: V) is shining, according to analysts from Normura Instinet and Barclays, which rate the stock Buy and Overweight, respectively. Visa posted strong third-quarter earnings on Thursday, with $0.86 EPS and $4.6 billion in sales. Management also reaffirmed...
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Nomura Advises Selling American Express
Friday, December 9, 2016 - 11:36am | 262Read More...Nomura’s Bill Carcache recommends current shareholders of American Express Company (NYSE: AXP) take advantage of the recent Trump rally. Carcache maintains a Reduce rating on the company, with a price target of $63. Time To Reduce Position The analyst believes that American Express...
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Goldman Sachs Acknowledges The Only Source Of Demand For Equities Comes From Corporate Buybacks
Sunday, April 10, 2016 - 5:49pm | 1202Read More...Goldman Sachs decided Friday night was a good time to tell the world how bearish it is ahead of the Q1 2016 earnings season. In lieu of comments read from the perch of the Benzinga Pro news desk, we determined it would be of value to all our readers for us to highlight some of the recent...
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UPDATE: Nomura Reiterates on Discover Financial Services Following Investor Meetings
Tuesday, November 19, 2013 - 9:16am | 139Read More...In a report published Tuesday, Nomura analyst Bill Carcache reiterated a Buy rating on Discover Financial Services (NYSE: DFS), and raised the price target from $57.00 to $61.00. In the report, Nomura noted, “We recently hosted DFS management at investor meetings on the West Coast. We walked away...
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UPDATE: Nomura Raises PT on Green Dot Following 2Q13 EPS Report
Wednesday, July 31, 2013 - 9:14am | 205Read More...In a report published Wednesday, Nomura analyst Bill Carcache reiterated a Neutral rating on Green Dot (NYSE: GDOT), and raised the price target from $16.00 to $20.00. In the report, Nomura noted, “GDOT reported 2Q13 adj. EPS of $0.33, vs. our / cons. ests. of $0.32 / $0.30 (adj. for outliers...
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UPDATE: Nomura Raises PT on Alliance Data Systems on Valuation
Wednesday, July 31, 2013 - 9:13am | 208Read More...In a report published Wednesday, Nomura analyst Bill Carcache reiterated a Neutral rating on Alliance Data Systems (NYSE: ADS), and raised the price target from $182.00 to $185.00. In the report, Nomura noted, “ADS's story is little changed: private label continues to power growth for the...
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UPDATE: Nomura Raises PT on Western Union Following 2Q13 Review
Wednesday, July 31, 2013 - 9:10am | 200Read More...In a report published Wednesday, Nomura analyst Bill Carcache reiterated a Neutral rating on Western Union (NYSE: WU), and raised the price target from $13.00 to $17.50. In the report, Nomura noted, “This quarter's results suggest the business is tracking in line with the company's stated plans...
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UPDATE: Nomura Raises PT on Discover Financial Services on Positive Outlook
Wednesday, July 24, 2013 - 7:34am | 175Read More...In a report published Wednesday, Nomura analyst Bill Carcache reiterated a Buy rating on Discover Financial Services (NYSE: DFS), and raised the price target from $54.00 to $57.00. In the report, Nomura noted, “Excluding special items, we estimate that core EPS came in at $1.17 compared to...
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UPDATE: Nomura Raises PT on MasterCard Ahead of June Quarter Results
Monday, July 22, 2013 - 7:21am | 146Read More...In a report published Monday, Nomura analyst Bill Carcache reiterated a Buy rating on MasterCard (NYSE: MA), and raised the price target from $593.00 to $720.00. In the report, Nomura noted, “V and MA report results for the June quarter on Wednesday (7/24) and Wednesday (7/31), respectively....
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UPDATE: Nomura Raises PT on Discover Financial Services on Good Market Position
Wednesday, June 5, 2013 - 8:11am | 185Read More...In a report published Wednesday, Nomura analyst Bill Carcache reiterated a Buy rating on Discover Financial Services (NYSE: DFS), and raised the price target from $50.00 to $54.00. In the report, Nomura noted, “Some investors remain optimistic that this year's strong market returns are a function...
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UPDATE: Nomura Raises PT on American Express on Above-Consensus 2014 EPS Estimate
Thursday, May 30, 2013 - 7:27am | 160Read More...In a report published Thursday, Nomura analyst Bill Carcache reiterated a Buy rating on American Express (NYSE: AXP), and raised the price target from $73.00 to $89.00. In the report, Nomura noted, “AXP shares lost their luster during the crisis but are now shining once again. Like the net...
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H&R Block Shares Slip Over 7% On Resignation Of CEO
Thursday, July 8, 2010 - 10:05am | 98Read More...H&R Block (NYSE: HRB) has announced that its CEO, Russ Smyth, has resigned with immediate effect. Former interim CEO Alan Bennett will take over from Smyth as President and CEO of the company. According to Macquarie Securities’ Bill Carcache, “We now quite frankly view H&R Block as an...
