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Compass Point Cuts Price Target Following E*TRADE Financial's (ETFC) In-Line 4Q
January 22, 2016 6:47 AM ESTCompass Point maintained a Buy rating on E*TRADE (NASDAQ: ETFC), and cut the price target to $31.00 (from $34.00), following the company's 4Q earnings report. The relatively in-line results were highlighted by elevated spreads and steady credit. EPS of $0.30 was in line with Compass Point's estimate and... More
