JPMorgan beats Wall Street expectations in tough quarter for banks
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UBS Reiterates Buy on Bank of America (BAC) Following 1Q Report
April 15, 2016 7:30 AM EDTUBS maintained a Buy rating and $18.00 price target on Bank of America (NYSE: BAC) following the company's 1Q earnings report. Management's view that credit quality outside of energy remains strong should provide some relief to investors that had been worried about a broader... More
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
Wells Fargo (WFC) Comments on 'living Will” Process Decision by Fed, FDIC; Will Address Findings
April 13, 2016 8:30 AM EDTWells Fargo & Company (NYSE: WFC) issued the following statement regarding the Federal Reserve Boards and the Federal Deposit Insurance Corporations joint response to its 2015 resolution plan submission under the living will process of the Dodd-Frank Wall Street Reform and Consumer Protection... More
