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Citi Goes Shopping For Credit Card Initiations
Thursday, April 5, 2018 - 3:50pm | 329Read More...Citi initiated coverage of four U.S. credit card companies Thursday, two of which were given bullish ratings and two given neutral ratings. The Analyst Citi's Jill Shea initiated coverage of the following companies: Capital One Financial Corp. (NYSE: COF) initiated at Buy, $115 price...
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Credit Suisse Bullish On Zions, Raises Earnings Estimates And Price Target
Tuesday, September 20, 2016 - 10:52am | 298Read More...Credit Suisse’s Jill Shea believes that with expense control evident, Zions Bancorp (NASDAQ: ZION) is on track to delivering improved profitability. Shea reiterated an Outperform rating on the company, while raising the price target from $32 to $36. Expense Control However, the...
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Citizens Financial Price Target Lifted To $26 At Credit Suisse
Thursday, September 8, 2016 - 2:30pm | 281Read More...Credit Suisse has increased its target price on Citizens Financial Group Inc (NYSE: CFG) shares by $3 to $26 after management meetings suggest consistent progress toward improved ROTE via solid top-line growth eclipsing modest expense growth. "Overall, we expect ROTCE to continue to grind higher as...
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First Hawaiian Gets Bullish Commentary From Credit Suisse
Monday, August 29, 2016 - 7:58am | 348Read More...Credit Suisse has started coverage of First Hawaiian Inc (NASDAQ: FHB) with an Outperform rating and a $29 target price, citing continued strong execution and steady growth in loans driven by a healthy economic backdrop in Hawaii. The brokerage is bullish on the company, as its model is able to...
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Zions Bancorp Balance Sheet Provides Flexibility, Credit Suisse Rates It Outperform
Thursday, August 18, 2016 - 1:32pm | 392Read More...Credit Suisse has maintained its Outperform rating on Zions Bancorp (NASDAQ: ZION) given the flexibility the balance sheet mix shift affords and various optimization opportunities. "We believe an improved revenue run-rate combined with expense discipline will drive PPNR (pre-provision net revenue)...
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Opus Bank Initiated Outperform, PENSCO Acquisition A Near-Term Catalyst
Wednesday, June 29, 2016 - 10:21am | 219Read More...Opus Bank (NASDAQ: OPB) seems well positioned for robust growth and improved profitability, Credit Suisse’s Jill Shea said in a report. She initiated coverage of the company with an Outperform rating and a $44 price target. The analyst expects the PENSCO acquisition to boost Opus Bank...
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Capital Bank Financial Has 16% Upside According To Credit Suisse
Wednesday, June 29, 2016 - 10:03am | 254Read More...Credit Suisse’s Jill Shea believes that Capital Bank Financial Corp (NASDAQ: CBF) is well positioned “with forecasted improvement in ROTCE to 10 percent by YE17 driven by strong organic growth and the close of the CommunityOne Bancorp (NASDAQ: COB) deal.” Shea initiated...
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Are Bank Earnings Expectations Too Low?
Tuesday, January 5, 2016 - 12:12pm | 279Read More...Credit Suisse on Tuesday issued a 4Q15 Earnings preview on the financial services industry. Susan Roth Katzke, Jill Shea and other analysts believe that expectations for the earnings results remain low and that the benefits of the recent interest rate hike won't be seen until 1Q15. Credit...
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Credit Suisse's Top 10 Financial Stocks: Schwab Out, Goldman In
Monday, December 7, 2015 - 1:42pm | 758Read More...The financial sector has lagged the overall market in 2015, and the Select Sector Financial Slct Str SPDR Fd (NYSE: XLF) has gained 0.2 percent versus the S&P 500’s 1.5 percent gain year-to-date. For the first time in two months, Credit Suisse analysts have updated their top financial...
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UPDATE: Credit Suisse Downgrades U.S. Bancorp
Wednesday, January 8, 2014 - 9:09am | 161Read More...In a report published Wednesday, Credit Suisse analyst Jill Shea downgraded U.S. Bancorp (NYSE: USB) to Neutral from Outperform, raising its price target to $44.00 from $40.00. According to the report, USB continues to distinguish itself from peers with its diversified earning stream,...
