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KBW Research Upgrades Knight Capital Group (NITE) to Outperform; Compelling Risk-Reward

May 17, 2010 7:08 AM EDT
NITE Hot Sheet
Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
KBW Research upgrades Knight Capital Group (Nasdaq: NITE) from Market Perform to Outperform. PT increased from $17 to $18.

KBW analyst says, "We believe the risk-reward for NITE has become very attractive. It is currently trading close to our estimate of year-end 2010 BV, a level we don't believe fairly takes into consideration the potential earnings growth once past the current challenging market environment. We maintain our EPS estimates."

To see all the upgrades/downgrades on shares of NITE, visit our Analyst Ratings page.

Knight Capital Group, Inc. (Knight) is a financial services firm that provides market access and trade execution services across multiple asset classes to buy- and sell-side firms, as well as offers capital markets services to corporate issuers and private companies.

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