First Republic Bank (FRC) Posts In-Line Q2 EPS of $0.76
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Go back to First Republic Bank (FRC) Posts In-Line Q2 EPS of $0.76
July 17, 2014 7:44 AM EDT
FIG Partners downgraded First Republic Bank (NYSE: FRC) from Market Outperform to Market Perform with a price target of $48.00 (from $59.00).
For an analyst ratings summary and ratings history on First Republic Bank... More
July 17, 2014 7:40 AM EDT
Goldman Sachs maintained a Buy rating on First Republic Bank (NYSE: FRC) and lowered its price target to $51.00 (from $59.00). Analyst Ryan M. Nash commented on the stock's decline following its recent Q2 conference call.
"While 2Q14 results were in line with our expectations, shares materially underperformed (-15.1% vs. BKX: +0.7%) as FRC outlined a plan to prepare for becoming a $50bn bank--which included ramping up expenses (about $15mn) in BSA/AML, risk management and other areas, as... More
July 17, 2014 6:42 AM EDT
Raymond James upgraded First Republic Bank (NYSE: FRC) from Outperform to Strong Buy with a price target of $55.00 (from $58.00).
For an analyst ratings summary and ratings history on First Republic Bank... More
July 16, 2014 3:04 PM EDT
New York Community Bancorp, Inc. (NYSE: NYCB) declined Wednesday in sympathy with First Republic Bank (NYSE: FRC). Shares of First Republic were hit on comments made during its Q2 conference call.
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July 16, 2014 2:31 PM EDT
(Updated - July 16, 2014 3:12 PM EDT)
First Republic Bank (NYSE: FRC) declined Wednesday afternoon. Its Q2 conference call began at 2pm (link).
Update: A Bloomberg... More
