The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
wells fargo stock ratings and price targets updated by analysts
JPMorgan Chase & Co. reduced its price target for Wells Fargo & Company from $82.00 to $73.50, maintaining a "neutral" rating, while Piper Sandler lowered theirs to $75.00 with an "overweight" rating. Royal Bank of Canada upgraded its rating to "outperform" with a target of $80.00. Currently, Wells Fargo holds a consensus rating of "Moderate Buy" with a target price of $75.34, as institutional investors own 75.90% of the stock. The company recently reported a quarterly EPS of $1.39, exceeding estimates, and announced a $40 billion share buyback program.
insider trading and institutional activity impact f5 stock performance
F5, Inc. experienced a 29.14% decrease in insider positions, with recent sales totaling 18,232 shares worth over $5.3 million. Institutional ownership stands at 90.66%, while analysts have mixed ratings, with a consensus "Hold" and a price target of $284. Barclays recently lowered its price objective from $296 to $274. In the latest earnings report, F5 posted $3.42 EPS, surpassing estimates, but revenue fell short at $590.16 million against expectations of $719.91 million.
tenaris announces dividend increase and reports strong quarterly earnings results
Tenaris S.A. has announced a semi-annual dividend of $0.56, an increase from the previous $0.54, with the ex-dividend date set for May 20th. The company, which specializes in steel tubular products for the oil and gas industry, has a dividend payout ratio of 31.02%. In the fourth quarter, HSBC Holdings PLC invested approximately $8.42 million in Tenaris, while other institutional investors also adjusted their holdings. Analysts currently rate Tenaris as a "Moderate Buy," with an average price target of $47.00.
Price T Rowe Associates Inc. increased its stake in Phillips 66 to over 6 million shares, while Northern Trust Corp and Norges Bank also boosted their holdings. UBS Group lowered its price target for the stock to $140, indicating a potential upside, amidst mixed analyst ratings. Phillips 66 reported a quarterly loss, missing earnings expectations, with a current average rating of "Moderate Buy" among analysts.
regulators signal potential lifting of wells fargo asset cap by 2025
The CFPB has lifted several consent orders against Wells Fargo, signaling potential relief from the Federal Reserve's asset cap imposed in 2018 due to compliance issues. Analysts suggest that the Fed may remove this cap as early as the second quarter of 2025, reflecting improved risk management at the bank. A Wells Fargo spokesperson declined to comment on the timeline for the asset cap.
analysts adjust ratings and price targets for acv auctions shares
JMP Securities lowered its price target for ACV Auctions from $22 to $18 while maintaining a "market outperform" rating. Bank of America upgraded the stock to "buy" but reduced its target to $20, while JPMorgan cut its target to $20 with an "overweight" rating. Needham restated a "buy" rating with a $25 target, and overall, analysts show a "Moderate Buy" rating with an average target of $22.50.
Deutsche Bank upgrades M&T Bank rating while lowering price target to 210
Deutsche Bank has upgraded M&T Bank's stock rating from Hold to Buy, lowering the price target to $210 from $225, citing a strong Common Equity Tier 1 (CET1) ratio of 11.5%. Despite a recent earnings miss, M&T Bank's capital strength positions it well for growth through loan issuance, share buybacks, and potential acquisitions. Analysts have noted improvements in credit metrics and expect an increase in net interest income throughout 2025, reinforcing the bank's resilience amid economic uncertainties.
Tesla to launch paid robotaxi service in Austin by June
Elon Musk announced that Tesla will launch paid robotaxi rides in Austin with 10 to 20 fully autonomous Model Ys starting in June, aiming for rapid expansion into multiple U.S. cities by the second half of next year. Despite skepticism from analysts regarding the timeline, Musk emphasized the importance of this service for Tesla's financial recovery, as the company faces a significant drop in automotive revenue and net income. He believes that the future of the company hinges on large-scale autonomous vehicles and humanoid robots.
analysts adjust price targets for wells fargo amid mixed ratings
Truist Financial reduced its target price for Wells Fargo & Company from $84.00 to $73.00, maintaining a "buy" rating, while JPMorgan Chase lowered its target from $82.00 to $73.50 with a "neutral" rating. Keefe, Bruyette & Woods raised their target from $81.00 to $86.00, giving a "market perform" rating. Currently, Wells Fargo holds a "Moderate Buy" average rating from analysts, with a target price of $75.34. The company reported earnings of $1.39 per share, exceeding estimates, despite a year-over-year revenue decline.
barclays maintains buy rating on charles schwab with price target of 89 dollars
Barclays has maintained a Buy rating on Charles Schwab (SCHW) with a price target of $89.00, while the stock closed at $76.15. Analyst Benjamin Budish, noted for his 11.7% average return, highlights the stock's potential despite recent negative insider sentiment, as 114 insiders have sold shares. Additionally, William Blair's Jeff Schmitt also issued a Buy rating, contrasting with Piper Sandler's Hold rating from earlier this month.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.