U.S. Businesses Are Optimistic for Growth but Uncertain About Economy
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Nomura Securities Raises Price Target on JPMorgan (JPM) Following 1Q EPS Beat
April 14, 2016 9:13 AM EDTNomura Securities reiterates Neutral on JPMorgan (NYSE: JPM), and raised the price target to $66.00 (from $65.00), following the company's 1Q earnings report. JPM reported EPS of $1.35, handily beating the consensus estimate of $1.26. The beat was driven primarily by lower-than-expected expenses and trading results which were more... More
UBS Reiterates Buy on JPMorgan (JPM) Following Solid 1Q Results
April 14, 2016 8:37 AM EDTUBS maintained a Buy rating and $68.00 price target on JPMorgan (NYSE: JPM) following the company's better than expected 1Q earnings report.
Analyst Brennan Hawken commented, "JPM's better than expected 1Q results, solid expense control, outlook which was better than feared, and improving clarity... More
