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UPDATE: Compass Point Lowers PT On Zions Bancorporation On Near-Term Headwind
Monday, December 29, 2014 - 8:13am | 290Read More...In a report published Monday, Compass Point analyst Kevin Barker reiterated a Buy rating on Zions Bancorporation (NASDAQ: ZION), but lowered the price target from $34.00 to $33.00. In the report, Compass Point noted, “We reiterate our Buy rating and adjust our price target to $33 from $34 due to...
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Why Unum Group Was Upgraded At Compass Point
Friday, December 19, 2014 - 9:28am | 212Read More...Ken Billingsley of Compass Point upgraded shares of Unum Group (NYSE: UNM) on Thursday to Buy from Neutral with a price target raised to $40 from a previous $38. Billingsley notes that the upgrade is a result of the company's $700 million addition to LTC reserves, a pension plan adjustment...
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Compass Point Upgrades Unum To Buy
Friday, December 19, 2014 - 7:52am | 57Read More...Compass Point upgraded Unum Group (NYSE: UNM) from Neutral to Buy. The price target for Unum has been raised from $38.00 to $40.00. Unum shares have dropped 0.41% over the past 52 weeks, while the S&P 500 index has surged 13.36% in the same period. Unum's shares closed at $34.24 in after-hours...
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UPDATE: Compass Point Downgrades Hovnanian Enterprises, Says Stock Is Fairly Valued
Friday, December 12, 2014 - 9:30am | 221Read More...Compass Point downgraded Hovnanian Enterprises, Inc. (NYSE: HOV) Friday from Buy to Neutral and maintained a $4.50 price target. Analyst Wilkes Graham noted that “with the stock up +37 percent since our October 13th upgrade, or more than double the amount the rest of our coverage (up 16...
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Compass Point Continues To See 2U As Unique Growth Story
Monday, December 1, 2014 - 9:46am | 175Read More...In a report published Monday, Compass Point analyst Michael Tarkan reiterated a Buy rating and $23.00 price target on 2U Inc (NASDAQ: TWOU). In the report, Compass Point noted, “We are reiterating our Buy rating and $23 price target on TWOU following our recent meetings with management. We are also...
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UPDATE: Compass Point Initiates Coverage On MoneyGram International On Everyday Low Prices
Friday, November 21, 2014 - 9:36am | 164Read More...In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage on MoneyGram International (NASDAQ: MGI) with a Neutral rating and $9.00 price target. In the report, Compass Point noted, “We are assuming coverage of MoneyGram International (MGI) with a Neutral rating and $9...
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UPDATE: Compass Point Initiates Coverage On Western Union On Near-Term Catalysts, Ongoing Competitive Risk
Friday, November 21, 2014 - 9:21am | 152Read More...In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage on The Western Union Company (NYSE: WU) with a Neutral rating and $20.00 price target. In the report, Compass Point noted, “We are assuming coverage of Western Union, Inc. (WU) with a Neutral rating and $20 price...
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UPDATE: Compass Point Initiates Coverage On Xoom On Slowing Growth At An Unreasonable Price
Friday, November 21, 2014 - 9:15am | 169Read More...In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage on Xoom Corporation (NASDAQ: XOOM) with a Sell rating and $11.00 price target. In the report, Compass Point noted, “We are assuming coverage of Xoom Corporation (XOOM) with a Sell rating and $11 price target. Xoom...
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Compass Point Initiates Western Union Company With Neutral
Friday, November 21, 2014 - 8:46am | 65Read More...Analysts at Compass Point initiated coverage on Western Union Company (The) (NYSE: WU) with a Neutral rating. The target price for Western Union Company is set to $20. Western Union Company shares have gained 8.55% over the past 52 weeks, while the S&P 500 index has surged 13.74% in the same...
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Compass Point: Hope Trade Still On
Thursday, November 13, 2014 - 3:11pm | 121Read More...Wilkes Graham of Compass Research stated on Thursday that the “Hope Trade” could result in a 10 to 20 percent upside potential. The “Hope Trade” refers to an annual occurrence where investors acquire shares of Homebuilders late in the year in anticipation of strong home sales in the following...
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UPDATE: Compass Point Reiterates On D.R. Horton On Positive 2015 Outlook
Wednesday, November 12, 2014 - 11:20am | 216Read More...In a report published Wednesday, Compass Point analyst Wilkes Graham reiterated a Buy rating on D.R. Horton, Inc. (NYSE: DHI), and raised the price target from $26.00 to $28.00. In the report, Compass Point noted, “We reiterate our Buy rating and are raising our price target to $28.00 from $26.00...
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Genworth Financial Down 37%; Compass Point Downgrades
Thursday, November 6, 2014 - 4:09pm | 292Read More...Genworth Financial Inc (NYSE: GNW) shocked the market with a $531 million addition to its long-term care reserves Thursday and news that a similar review for its active life business won't be complete until after the fourth quarter. "The market will shoot first and ask questions later...
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Compass Point Raises Price Target On 2U
Wednesday, November 5, 2014 - 11:06am | 218Read More...Compass Point reiterated a Buy rating on 2U Inc (NASDAQ: TWOU) Wednesday and raised its price target from $20 to $23. Analyst Michael Tarkan made the change "after the company reported a 3rd straight earnings beat, as revenues and adjusted EBITDA came in ahead of our model and...
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Compass Point Upgrades AmTrust Financial To Buy
Wednesday, November 5, 2014 - 9:58am | 62Read More...Analysts at Compass Point upgraded AmTrust Financial Services (NASDAQ: AFSI) from Neutral to Buy. The price target for AmTrust Financial Services has been raised from $52 to $57. AmTrust Financial shares have jumped 23.43% over the past 52 weeks, while the S&P 500 index has gained 13.65% in...
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Compass Point Raises New Media Investment Group's Price Target
Monday, November 3, 2014 - 4:24pm | 228Read More...Here are five takeaways on Compass Point Research's note on New Media Investment Group Inc (NYSE: NEWM). The research firm updated the price target by to $25 from $20 and reiterated a Buy. "1. Same-store revenue trends provide a foundation for future earnings growth & NEWM remains...

