RBC Capital Markets adjusted their outlook on Morgan Stanley (NYSE:MS) shares, raising the price target from $122.00 to $142.00. The firm maintained a Sector Perform rating on the stock. The upgrade comes as Morgan Stanley's stock trades near its 52-week high of $136.
RBC Capital Markets adjusted its stance on Intra-Cellular Therapies shares, downgrading the biopharmaceutical company from Outperform to Sector Perform. The firm, however, raised its price target on the stock to $132 from the previous $108.
In a report released on January 17, Jon Arfstrom from RBC Capital maintained a Buy rating on Webster Financial (WBS – Research Report), with a
Robinhood fined $65 million by SEC. Analysts bullish on company's growth potential in crypto industry under incoming Trump administration.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
The bank’s massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.
Daniel Fannon; Analyst; Jefferies & Company Inc. Gerard Cassidy; Analyst; RBC Capital Markets
U.S. stock trading hedge funds kicked off the week with gross leverage levels in their highest range since 2010.
T-Mobile Us Inc (TMUS) stock saw a modest uptick, ending the day at $218.97 which represents a slight increase of $3.22 or 1.49% from the prior close of $215.75. The stock opened at $219.21 and touched a low of $217.
Hedge funds have positioned for Donald Trump's U.S. presidency with their highest levels of borrowing since 2010, while betting the dollar would continue to rise, according to bank research and industry data.
On Friday, Intuit Inc (INTU) stock saw a decline, ending the day at $604.13 which represents a decrease of $-3.14 or -0.52% from the prior close of $607.27. The stock opened at $615.87 and touched a low of $596.2 during the day, reaching a high of $615.87. The volume of shares traded was 2.83 million exceeding the average volume of 1.59 million.
Morgan Stanley analyst Robert Koh maintained a Buy rating on AGL Energy Limited (AGLNF – Research Report) today and set a price target of