Nomura Securities Starts SunTrust Banks (STI) at Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Nomura Securities Starts Fifth Third Bancorp (FITB) at Neutral
February 6, 2013 8:26 AM ESTNomura Securities initiates coverage on Fifth Third Bancorp (NASDAQ: FITB) with a Neutral. PT $17.00.
Analyst Keith Murray comments, "We expect Fifth Third to show stable trends in 2013 with flattish NII and expenses, a modest pickup in core fee revenue, and a solid 115bps ROA. All... More
Nomura Securities Starts KeyCorp (KEY) at Neutral
February 6, 2013 8:24 AM ESTNomura Securities initiates coverage on KeyCorp (NYSE: KEY) with a Neutral. PT $10.00.
Analyst Keith Murray comments, "We think KeyCorp is building for better long-term returns and deserves credit for solid loan growth; better NIM stability than most peers; and a peer-group... More
Nomura Securities Starts Comerica (CMA) at Neutral
February 6, 2013 8:23 AM ESTNomura Securities initiates coverage on Comerica (NYSE: CMA) with a Neutral. PT $35.00.
Analyst Keith Murray comments, "CMA is the most rate-sensitive bank in our regional bank universe, as 85% of its loans are floating rate (75% of which are priced off LIBOR).... More
Nomura Securities Starts Huntington Bancshares (HBAN) at Neutral
February 6, 2013 8:22 AM ESTNomura Securities initiates coverage on Huntington Bancshares (NASDAQ: HBAN) with a Neutral. PT $7.50.
Analyst Keith Murray comments, "HBAN has solid capital and credit and has enjoyed good NIM stability since 1Q10 via improved deposit mix and pricing. The bank has also made... More
Nomura Securities Starts Wells Fargo (WFC) at Buy, $42 PT
February 6, 2013 8:20 AM ESTNomura Securities initiates coverage on Wells Fargo (NYSE: WFC) with a Buy. PT $42.00.
Analyst Keith Murray comments, "Wells Fargo & Company is a consistently solid performer with a top-shelf franchise (13% ROE and 1.4% ROA in 2012 and 12 consecutive quarters of record earnings). We think... More
Nomura Securities Starts PNC Financial (PNC) at Buy, $72 PT
February 6, 2013 8:19 AM ESTNomura Securities initiates coverage on PNC Financial (NYSE: PNC) with a Buy. PT $72.00.
Analyst Keith Murray comments, "PNC has evolved into a top 10 U.S. bank (by assets and deposits) through a combination of key acquisitions (e.g., National City in 2008) and... More
Nomura Securities Starts U.S. Bancorp (USB) at Buy, $38 PT
February 6, 2013 8:18 AM ESTNomura Securities initiates coverage on U.S. Bancorp (NYSE: USB) with a Buy. PT $38.00.
Analyst Keith Murray comments, "US. Bancorp is a consistently solid performer with a diverse business mix that produces best-in-class returns (16% ROE, 165bps ROA in 2012). While we expect... More
Nomura Securities Starts Regions Financial (RF) at Buy
February 6, 2013 8:17 AM ESTNomura Securities initiates coverage on Regions Financial (NYSE: RF) with a Buy. PT $9.00.
Analyst Keith Murray comments, "We think the shares will get a lift this year from continued credit improvement (we are lower than consensus on provision expense), higher-than-expected capital... More
