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Compass Point Cites Industry Iceberg As Feds Probe Subprime Auto Lenders
Tuesday, August 5, 2014 - 3:01pm | 294Read More...Federal prosecutors' recent request that General Motors' (NYSE: GM) finance unit hand over documents concerning its subprime lending practices could be the tip of a regulatory iceberg for the industry. Players at risk may include Credit Acceptance Corp. (NASDAQ: CACC), Consumer Portfolio Services (...
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Ocwen Financial Analyst Roundup
Tuesday, August 5, 2014 - 11:27am | 434Read More...Ocwen Financial(NYSE: OCN) continued to decline by 1.04 percent going into the Tuesday session, following regulatory issues pertaining to affiliated entities over force-placed-insurance. The stock recently traded up 0.44 percent, however, at $27.10 Bank of America - reiterated a Buy, price...
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UPDATE: Compass Point Reiterates On Beazer Homes USA As Stock Remains Cheaper Than Peers
Friday, August 1, 2014 - 10:32am | 175Read More...In a report published Friday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Beazer Homes USA (NYSE: BZH), but lowered the price target from $25.00 to $21.50. In the report, Compass Point noted, “We reiterate our Buy rating on shares of BZH and lower our price target to $21.50 from...
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UPDATE: Compass Point Reiterates On Associated Estates Realty As Dispositions Push NAV Higher
Thursday, July 31, 2014 - 8:31am | 152Read More...In a report published Thursday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Associated Estates Realty (NYSE: AEC), and raised the price target from $18.00 to $20.00. In the report, Compass Point noted, “We reiterate our Buy rating on shares of AEC and raise our price target to $...
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UPDATE: Compass Point Reiterates On Genworth Financial As Market Fears LTC Reserve Charge
Thursday, July 31, 2014 - 8:21am | 237Read More...In a report published Thursday, Compass Point analyst Ken Billingsley reiterated a Buy rating on Genworth Financial (NYSE: GNW), but lowered the price target from $23.00 to $16.50. In the report, Compass Point noted, “The fear of a review of Long-Term Care (LTC) reserves pushed shares of GNW down...
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UPDATE: Compass Point Reiterates On Independence Realty Trust As Capital Base/Pipeline Continue To Grow
Tuesday, July 29, 2014 - 8:42am | 147Read More...In a report published Tuesday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Independence Realty Trust (NYSE: IRT), and raised the price target from $10.50 to $11.50. In the report, Compass Point noted, “On July 21 the company closed on its $76 million common equity raise via the...
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UPDATE: Compass Point Reiterates On Investors Bancorp On Solid Value Buy
Friday, July 25, 2014 - 8:34am | 140Read More...In a report published Friday, Compass Point analyst Laurie Havener Hunsicker reiterated a Buy rating on Investors Bancorp (NASDAQ: ISBC), and raised the price target from $12.00 to $12.50. In the report, Compass Point noted, “ISBC offers investors a unique opportunity to invest in the largest...
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Compass Point Sees Capital Deployment Coming For E*TRADE Financial
Thursday, July 24, 2014 - 8:08am | 167Read More...In a report published Thursday, Compass Point analyst Michael Tarkan reiterated a Buy rating and $26.00 price target on E*TRADE Financial (NASDAQ: ETFC). In the report, Compass Point noted, “We are maintaining our Buy rating and $26 price target on ETFC shares after the company reported steady 2Q14...
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UPDATE: Compass Point Reiterates On Brown & Brown As Stock Buyback Should Offset Reduced M&A Opportunities
Wednesday, July 23, 2014 - 8:53am | 249Read More...In a report published Wednesday, Compass Point analyst Ken Billingsley reiterated a Neutral rating on Brown & Brown (NYSE: BRO), and raised the price target from $33.00 to $34.00. In the report, Compass Point noted, “The company reported higher than expected revenue growth during the quarter,...
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Compass Point: The Bull Case For Zion Bancorp
Tuesday, July 22, 2014 - 11:02am | 266Read More...Compass Point analyst Kevin Barker released a note upgrading Zion Bancorporation’s (NASDAQ: ZION) rating from Neutral to Buy and raised the price target from $32 to $33. Barker said that due to several factors, “the risk-reward of owning ZION prior to a potential equity raise is...
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UPDATE: Compass Point Reiterates On KeyCorp On Emerging Asset Sensitivity
Tuesday, July 22, 2014 - 8:20am | 259Read More...In a report published Tuesday, Compass Point analyst Kevin Barker reiterated a Buy rating on KeyCorp (NYSE: KEY), but lowered the price target from $16.50 to $16.00. In the report, Compass Point noted, “The company reported an operating earnings beat this quarter primarily due to higher principal...
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Compass Point Downgrades PNC Financial To Neutral, Shares Decline
Thursday, July 17, 2014 - 8:52am | 61Read More...Analysts at Compass Point downgraded PNC Financial Services Group (NYSE: PNC) from Buy to Neutral. The target price for PNC Financial has been lowered from $96 to $86. PNC shares have gained 15.81% over the past 52 weeks, while the S&P 500 index has surged 17.89% in the same period. PNC...
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Compass Point Weighs In On Wells Fargo's Q2 Results
Monday, July 14, 2014 - 8:30am | 191Read More...Analyst Kevin Barker at Compass Point boosted his price target on Wells Fargo (NYSE: WFC) from $49 to $51 following the firm’s second quarter earnings report last week. Compass Point currently has a Neutral rating on the stock. Barker wrote, “Although the streak of quarterly...
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UPDATE: Compass Point Initiates Coverage On Alexander & Baldwin As Key Assets Drive Value
Wednesday, July 9, 2014 - 8:16am | 232Read More...In a report published Wednesday, Compass Point analyst Wilkes Graham initiated coverage on Alexander & Baldwin (NYSE: ALEX) with a Buy rating and $58.00 price target. In the report, Compass Point noted, “We are initiating on shares of ALEX with a Buy rating and a $58 price target. We believe...
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UPDATE: Compass Point Reiterates On Performant Financial As 2Q Healthcare Activity Is Holding Up
Tuesday, July 8, 2014 - 7:49am | 150Read More...In a report published Tuesday, Compass Point analyst Michael Tarkan reiterated a Buy rating on Performant Financial (NASDAQ: PFMT), and raised the price target from $11.00 t $12.00. In the report, Compass Point noted, “We reiterate our Buy rating on PFMT shares and are raising our price target to $...

