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Trump Policy Tailwinds Don't Favor Goldman Sachs
Tuesday, November 29, 2016 - 12:17pm | 519Read More...Nomura has downgraded Goldman Sachs Group Inc (NYSE: GS) to Neutral, as it believes Donald Trump tailwinds appear largely priced in to the shares following the recent rally. Financials Under A Trump White House Financial stocks are rallying post-election, with the Financial Select Sector SPDR Fund...
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2 Pair Trades: Goldman Over JPMorgan, Schwab Over Raymond James
Monday, January 25, 2016 - 9:49am | 272Read More...In a new report, Nomura analyst Steven Chubak suggested two potential financial pair trades for investors who want to hedge against market weakness in 2016. Trade 1: Long Goldman Sachs Group Inc (NYSE: GS)/Short JPMorgan Chase & Co. (NYSE: JPM) Chubak sees similar downside risks for the two...
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Why Nomura Likes JP Morgan As An Investment
Wednesday, February 25, 2015 - 11:01am | 165Read More...In a report published Wednesday, Nomura analyst Steven Chubak wrote that JPMorgan Chase & Co.'s (NYSE: JPM) commentary from its annual Investor Day on Tuesday was "quite constructive overall." Chubak noted that JP Morgan identified key sources of incremental earnings upside...
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Nomura Lowers Price Target On Greenhill & Co. Following 4Q EPS Report
Thursday, January 29, 2015 - 8:20am | 178Read More...In a report published Thursday, Nomura analyst Steven Chubak reiterated a Neutral rating on Greenhill & Co. (NYSE: GHL), but lowered the price target from $44.00 to $38.00. In the report, Nomura noted, “GHL reported 4Q EPS of $0.51, below our forecast of $0.69 and cons. of $0.62. GHL reported...
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UPDATE: Nomura Reiterates On Goldman Sachs Group As Positive Sentiment Is Building
Tuesday, June 17, 2014 - 9:10am | 173Read More...In a report published Tuesday, Nomura analyst Steven Chubak reiterated a Neutral rating on Goldman Sachs Group (NYSE: GS), and raised the price target from $155.00 to $156.00. In the report, Nomura noted, “While GS shares have underperformed YTD, recent discussions suggest that positive sentiment...
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Nomura Initiates Coverage on Stifel
Thursday, January 9, 2014 - 11:00am | 156Read More...In a report published Thursday, Nomura analyst Steven Chubak initiated coverage on Stifel Financial (NYSE: SF) at Neutral, with a $46.00 price target. According to the report, justifying a positive rating on Stifel shares is a struggle, as the revenue contribution from lower-multiple...
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Nomura Initiates Coverage on JPMorgan
Thursday, January 9, 2014 - 10:54am | 109Read More...In a report published Thursday, Nomura analyst Steven Chubak initiated coverage on JPMorgan Chase (NYSE: JPM) at Neutral, with a $61.00 price target. According to the report, JPM's earnings profile/mix are favorable, but the current capital shortfall should dampen near-term return prospects. “...
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Nomura Initiates Coverage on Morgan Stanley at Neutral
Thursday, January 9, 2014 - 10:52am | 137Read More...In a report published Thursday, Nomura analyst Steven Chubak initiated coverage on Morgan Stanley (NYSE: MS) at Neutral, with a $34.00 price target. According to the report, Nomura is constructive on the long-term earnings outlook, as MS should exceed margin guidance in wealth management and...
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Nomura Initiates Coverage on Evercore Partners
Thursday, January 9, 2014 - 10:43am | 115Read More...In a report published Thursday, Nomura analyst Steven Chubak initiated coverage on Evercore Partners (NYSE: EVR) at Buy with a $72.00 price target According to the report, EVR should continue to take market share, given higher levels of SMD productivity and that reduced expense drag from new hires...
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Nomura Initiates Coverage on Bank of America
Thursday, January 9, 2014 - 10:41am | 126Read More...In a report published Thursday, Nomura analyst Steven Chubak initiated coverage on Bank of America (NYSE: BAC) at Buy, with a $19.00 price target. According to the report, multi-year capital / cost initiatives have prepared BAC for a tougher capital regime, and its strong position supports...
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UPDATE: Nomura Initiates Coverage on Citigroup
Thursday, January 9, 2014 - 10:33am | 109Read More...In a report published Thursday, Nomura analyst Steven Chubak initiated coverage on Citigroup (NYSE: C) at Buy, with a $70.00 price target. According to the report, analysts see unparalleled ROE potential at C under the new capital rules, as Citicorp efficiency targets are realized by 2015E and...
