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Wall Street Analysts Love Schwab's Pursuit Of TD Ameritrade
Thursday, November 21, 2019 - 10:35am | 690TD Ameritrade Holding Corp. (NASDAQ: AMTD) shares jumped 24% on Thursday and Charles Schwab Corporation (NYSE: SCHW) shares gained 11% on reports that a merger between the two online brokers could be imminent. Fox Business reported Schwab wants to buy TD Ameritrade for $26 billion. A combination of...
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Charles Schwab's Balance Sheet Is The Big Story, JMP Says
Tuesday, July 19, 2016 - 2:18pm | 277JMP Securities reiterated its Market Outperform rating and $32 price target on Charles Schwab Corp (NYSE: SCHW) and continues to believe that "elevated balance sheet growth as the biggest story." Charles Schwab reported in-line Q2 earnings, while revenue topped expectations. Further,...
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Is The M&A Boom Over? We May Have An Answer Soon
Tuesday, September 15, 2015 - 12:24pm | 626August was challenging for the equity markets, as the S&P 500 lost over 6 percent. August was also a record month for M&A announcements, according to analysts at JMP Securities. The analysts added that the recent equity market decline "increases the probability" of an M&A "market...
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Lazard's Business Trajectory 'Appears Stronger Than Valuation Appreciates,' Says JMP
Monday, February 23, 2015 - 11:51am | 223In a report published Monday, JMP Securities analyst Devin Ryan reiterated a Market Outperform rating on Lazard Ltd (NYSE: LAZ) with a $62 price target, given a view that the company's business has been improving at a better rate than reflected in valuation. Ryan noted that shares of...
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JMP Says TD Ameritrade's 'Core Business Trends Remain Healthy'
Thursday, January 22, 2015 - 1:47pm | 269JMP Securities on Thursday commented on TD Ameritrade Holding Corp. (NYSE: AMTD) following its Q1 results and maintained a Market Perform rating. Analyst Devin Ryan commented that the “‘core’ business trends remain healthy for TD Ameritrade” after it “reported...
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Morgan Stanley Earnings Preview
Monday, January 12, 2015 - 2:09pm | 296Morgan Stanley (NYSE: MS) is scheduled to report Q4 earnings on Tuesday, January 20, before the market opens. At Keefe, Bruyette & Woods, analyst Brian Kleinhanzl lowered the firm's 4Q14 EPS estimate from $0.47 to $0.45 "based on the expected impact from trading activity in the...
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UPDATE: JMP Upgrades E*TRADE, Cites Risks to Shares Have "Incrementally Diminished"
Monday, January 27, 2014 - 11:50am | 161In Monday's JMP Securities Morning Note, analyst Devin Ryan upgraded E*TRADE Financial (NASDAQ: ETFC) from Market Perform to Market Outperform and initiated a $26.00 price target. Shares of E*TRADE were up 119% in 2013. Even if an upside was missed, the analyst remarked that the risks have "...