Brennan Hawken

Discount broker stocks were pounded last week after most of the biggest names cut stock and ETF online trading fees to $0. The commission cuts will create near-term growth headwinds for the group, but one analyst said Monday the sell-off is a buying opportunity in one top broker stock. The Analyst...

A week after Interactive Brokers Group, Inc. (NASDAQ: IBKR) introduced a platform that eliminated trading fees, both Charles Schwab Corporation (NYSE: SCHW) and TD Ameritrade Holding Corp. (NASDAQ: AMTD) have followed suit and cut fees on all stock and ETF trades to $0. Online broker stocks have...

Online brokers are getting some attention from Wall Street Monday after one Wall Street analyst adjusted his rating for three popular stocks. The Analyst UBS analyst Brennan Hawken upgraded TD Ameritrade Holding Corp. (NASDAQ: AMTD) from Neutral to Buy and raised his price target from $58 to $60....

Despite Evercore Inc (NYSE: EVR)'s heavy reliance on QUALCOMM, Inc. (NASDAQ: QCOM), a UBS analyst said the company can continue to grow and diversify.  The Analyst UBS analyst Brennan Hawken upgraded Evercore from Neutral to Buy and increased the price target from $82 to $105. The...

Shares of Goldman Sachs Group Inc (NYSE: GS) have lost nearly 10 percent since the start of 2017, and after the company's earnings report, analysts at UBS think there are "better opportunities" elsewhere. UBS's Brennan Hawken downgrades Goldman Sachs' stock rating from Buy to Neutral with a price...

Shares of Goldman Sachs Group Inc (NYSE: GS) fell more than 4 percent on Tuesday in reaction to the bank's first-quarter earnings report, which consisted of both and earnings and revenue miss. Ahead of the earnings report notable bank analyst Mike Mayo named Goldman Sachs his top pick in the space...

UBS thinks WisdomTree Investments, Inc. (NASDAQ: WETF) has nothing to offer except ETFs, although it is not a proxy to the wider ETF market. Therefore, the firm initiated the stock at a Sell and attached a price objective of $7.00, implying downside risks of more than 15 percent from the current...

The $185 million settlement that Wells Fargo & Co (NYSE: WFC) recently paid related to fraud charges was just a drop in the barrel of the company’s $22.9 billion in annual income. However, according to UBS analyst Brennan Hawken, the scandal has done a lot more damage to Wells Fargo than...

With positive momentum in the branded card business, the 2H outlook for Citigroup Inc (NYSE: C) remains encouraging, UBS’s Brennan Hawken said in a report. He maintained a Buy rating on the company, while reducing the price target from $54 to $53. “Despite uncertainty in the UK, an...

The post-Brexit attitude toward U.S. bank stocks took a sharp 180-degree turn this week. Shares of the “Big Four” U.S. banks were all down double-digits following the Brexit vote that threatened to rock global financial markets. However, shares of Wells Fargo & Co (NYSE: WFC),...

UBS's Brennan Hawken downgraded Franklin Resources, Inc. (NYSE: BEN) to Sell from Neutral with a price target of $28.00 from $39.00. The rating change came after the company reported earnings short of estimates. The analyst was specifically concerned about the company's exposure to the...