Goldman Sachs Lifts Price Target on E*Trade (ETFC), Sees Greater Chance of a Buyout
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Price: $49.26 --0%
Rating Summary:
11 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
Rating Summary:
11 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
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Goldman Sachs raised its price target on Buy-rated E*TRADE (NASDAQ: ETFC) from $16 to $18 following Q2 results and investor activist activity.
"We believe ETFC is an attractive franchise in a scale-driven business, and our new $18 PT now includes a 30% likelihood of M&A, up from 20% previously."
For more ratings news on E*TRADE click here and for the rating history of E*TRADE click here.
Shares of E*TRADE closed at $14.72 yesterday.
"We believe ETFC is an attractive franchise in a scale-driven business, and our new $18 PT now includes a 30% likelihood of M&A, up from 20% previously."
For more ratings news on E*TRADE click here and for the rating history of E*TRADE click here.
Shares of E*TRADE closed at $14.72 yesterday.
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