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Compass Point LLC Reiterates First Horizon $7 PT, Sell Rating (FHN)
Wednesday, April 6, 2011 - 2:25pm | 84Compass Point LLC reiterated its First Horizon (NYSE: FHN) Sell rating and $7 price target in a research report published today. In the report, Compass Point LLC states, "We anticipate FHN will underperform peers as loan growth is likely difficult to achieve given their declining home equity...
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Compass Point LLC Reiterates Fifth Third Bancorp Buy Rating, $19 PT (FITB)
Wednesday, April 6, 2011 - 2:17pm | 78Compass Point LLC reiterated its Fifth Third Bancorp (NASDAQ: FITB) Buy rating and $19 price target in a research report published today. In the report, Compass Point LLC states, "In a banking environment searching for revenue growth, we believe investors will flock to FITB given their above...
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Calls Purchased on Fifth Third Bancorp (FITB)
Wednesday, April 6, 2011 - 1:34pm | 161Shares of Fifth Third Bancorp (NASDAQ: FITB) are higher on the session by 1.01%, currently trading at $14.03. The stock has been moving largely lower over the past three months and is currently consolidating above the 200-day moving average. Options traders are buying calls on the name today. A...
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Compass Point Upgrades CYN To Buy, $70 PT
Wednesday, April 6, 2011 - 10:07am | 58Compass Point has upgraded City National (NYSE: CYN) to a Buy Rating and increased the Price Target from $60 to $70. According to Compass Point, "At this point, we believe the downside for shares of CYN is limited with significant upside if/when interest rates increase." CYN closed yesterday at $...
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Compass Point Upgrades TCB To Neutral, $14 PT
Wednesday, April 6, 2011 - 10:01am | 71Compass Point has raised the Price Target of TCF Financial (NYSE: TCB) from $12 a share to $14 and upgraded the shares from Sell to Neutral. Compass Point writes, "Given potential credit deterioration in prime mortgage credit and falling home prices in TCB's core markets of Chicago and Minneapolis...
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B. Riley Downgrades Texas Capital To Neutral
Wednesday, April 6, 2011 - 8:38am | 20B. Riley has downgraded Texas Capital (NASDAQ: TCBI) from Buy to Neutral.
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Top Trade Ideas for Wednesday April 06
Tuesday, April 5, 2011 - 6:12pm | 2093( click to enlarge ) Alcoa Inc. (NYSE:AA) broke out to a new 52-week high today, accompained by a strong volume suggesting higher levels. The technical chart still showing a bullish bias. MACD shows positive signs and RSI continue moving up. I suspect the stock may continue to appreciate...
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QuickFRAC reduces cost 10% Increases Recovery 30% to 40% ?
Tuesday, April 5, 2011 - 3:02pm | 1079The recovery factor increase seems a little hard to believe as that would be kinda huge. From Schaeffer to non-subscribers. Here is his website if interested. http://oilandgas-investments.com/ A new development in “fracking” will mean lower costs and higher oil and gas recoveries, says Dan Themig...
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Davenport Initiates City Hold At Neutral
Tuesday, April 5, 2011 - 8:19am | 22Davenport has initiated coverage on City Holding Company (NASDAQ: CHCO) with a Neutral rating.
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Keefe, Bruyette & Woods Lowering Rating on PacWest To Market Perform
Tuesday, April 5, 2011 - 7:48am | 73According to Keefe, Bruyette & Woods, PacWest Bancorp (NASDAQ: PACW) rating is lowered to Market Perform on valuation. Keefe, Bruyette & Woods reported that it is lowering its rating on PACW to Market Perform on valuation as there is less than 2% potential upside to its $23 target price. “...
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Keefe, Bruyette & Woods Upgrades Heritage Financial To Outperform
Tuesday, April 5, 2011 - 7:45am | 90According to Keefe, Bruyette & Woods, Heritage Financial (NASDAQ: HFWA) is upgraded to Outperform following recent management visit. Keefe, Bruyette & Woods reported that it met with HFWA management last week, and is revising its earnings estimates, increasing its price target, and...
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Update: Allegiance Community Bank Shareholders To Receive 0.35 BCBP Shares (BCBP)
Tuesday, April 5, 2011 - 7:21am | 377As previously announced, Allegiance Community Bank shareholders will receive 0.35 BCB Bancorp (NASDAQ: BCBP) shares for every share of Allegiance Community Bank. BCB Bancorp and Allegiance Community Bank jointly announced today the signing of a definitive merger agreement. Under the terms of the...
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BCB Community Bank and Allegiance Community Bank to Merge
Tuesday, April 5, 2011 - 7:16am | 100BCB Bancorp, Inc. (Nasdaq: BCBP) and Allegiance Community Bank jointly announced today the signing of a definitive merger agreement. Under the terms of the agreement ACB will merge with and into BCBP's subsidiary BCB Community Bank. ACB stockholders will receive 0.35 shares of BCBP for each share...
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Keefe Bruyette Upgrades HFWA To Outperform
Tuesday, April 5, 2011 - 5:54am | 42Analysts at Keefe Bruyette upgrade Heritage Financial Corporation (NASDAQ: HFWA) from “market perform” to “outperform.” HFWA shares gained 0.71% to close at $14.28 yesterday. More Analyst Ratings here
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Keefe Bruyette Downs PACW To Market Perform
Tuesday, April 5, 2011 - 5:52am | 41Analysts at Keefe Bruyette downgrade PacWest Bancorp (NASDAQ: PACW) from “outperform” to “market perform.” PACW shares rose 1.44% to close at $22.58 yesterday. More Analyst Ratings here