Credit Suisse Group
Why Credit Suisse Is Betting on These Five Rebound Stocks
Credit Suisse’s EV Stock Picks and Others Worth Looking at Now
Credit Suisse Announces Major Layoffs Following Archegos Scandal
Can Tesla’s Pickup Truck Turn Analysts’ Tide in its Favor?
Yesterday, Deutsche Bank (DB) bumped up its target price for Tesla (TSLA) by 12% after the company revealed the Tesla pickup truck on November 21.
Southwest Stock: Why Bernstein Has a Different View
Bernstein analyst David Vernon cut his rating on Southwest stock to “market perform” from “outperform.” However, he raised the target price to $61 from $58.
BofA and Credit Suisse Differ on Equity Market
On October 1, Credit Suisse’s Suresh Tantia told CNBC that the equity market will rebound from the current levels. However, the S&P 500 declined by 1.2%
Musk’s Leaked Email: Tesla Bears Reel on Q3 Hopes
Tesla bears are facing another nightmare. A leaked email by Elon Musk suggests Tesla has “a shot” at delivering 100,000 cars in the third quarter.
Did Markets or Consumers Prompt Trump’s Tariff Delay?
In a statement released today, the US said it was delaying additional tariffs on Chinese goods until December 15.
Goldman Sachs Sees No Trade Deal before the 2020 Election
Goldman Sachs no longer believes that a trade deal between the US and China is possible before the 2020 US presidential election.
Credit Suisse: Gold Could Retest Its Record High of $1,921
Credit Suisse (CS) is positive about gold prices (IAU) in 2019. Credit Suisse sees a number of macroeconomic factors supporting gold prices in 2019. These issues include ongoing geopolitical issues such as the US-China trade war, slowing global growth, and recession fears.
Credit Suisse Expects Gold Miners to Follow Gold Higher
Credit Suisse (CS) is positive about gold prices (IAU) in 2019. The bank expects gold prices to average $1,280 per ounce in 2019.
Credit Suisse Is Expecting a Push in Iron Ore Prices on Supply Deficit
As iron ore supply disruptions, at least from Vale (VALE), don’t look likely to go away easily, analysts have started another round of upgrades for iron ore prices.
Analysts Weigh In on Possibility of Earnings Recession
Morgan Stanley’s (MS) chief equity strategist, Michael Wilson, is the most bearish on Wall Street regarding projections for the S&P 500’s (SPY) target for the end of 2019.
How Wall Street Views Boeing after Ethiopia Crash
Several analysts have downgraded their ratings as well as target price on Boeing (BA) stock after the Ethiopia crash on March 10.
Credit Suisse Expects Investors to Pay a Higher Multiple
After the equity markets fell in the fourth quarter of 2018, Credit Suisse (CS) slashed the S&P 500’s (SPY) target for the end of 2019.
Why Wheaton Precious Metals Is Still Analysts’ Top Gold Bet
Among major gold (GLD)(IAU) mining and gold streaming companies (GOAU), Wheaton Precious Metals (WPM) is analysts’ favorite and has received the most “buy” recommendations at 91%.
Boeing Faces Rating Downgrades amid 737 MAX Crisis
Since the Ethiopian Airlines crash on March 10, Boeing (BA) stock has been facing rating downgrades from several analysts.
Analysts Lower Estimates for FedEx ahead of Q3 Earnings
Citigroup analyst Christian Wetherbee stated that the slowing global economy, a softer outlook for the Express division, and profit headwinds from the TNT integration might weigh on FedEx’s near-term financial performance.
FedEx Fell 3% after Citigroup Cut Its Target Price
FedEx (FDX) shares fell 3% on March 7 after Citigroup (C) cuts its target price on the stock by $15 to $210.
Why Central Banks Aren’t Listening to Warren Buffett on Gold
According to the gold demand trend for Q4 2018 released by the World Gold Council, central banks are on the biggest gold (GLD) buying spree in the last 50 years.
Deere: Analysts’ Views before Its Q1 Earnings
Deere (DE) is scheduled to announce its earnings for the first quarter of fiscal 2019 on February 15 before the market opens.
Which Analysts Expect Iron Ore Prices to Breach $100 and Why?
The true impact of Vale’s recent difficulties in terms of iron ore prices is still unknown.
Could Central Bank Buying Be a Major Driver for Gold in 2019?
In this article, we’ll see if central bank buying can drive gold demand in 2019 like it did in 2018.
Why Analysts’ Sentiments Are Turning Positive on IAMGOLD
Analysts’ sentiments toward IAMGOLD (IAG) have been changing for the better in the past few months.
Caterpillar: Analysts’ Recommendations
Among the 29 analysts tracking Caterpillar, 62% recommended a “buy,” 34% recommended a “hold,” and 4% recommended a “sell.”
Stanley Black & Decker: Analysts’ Recommendations
Currently, 21 analysts are actively tracking Stanley Black & Decker. Among the analysts, 67% recommend a “buy,” while 33% recommend a “hold.”
Can US Steel Production Continue to Favor CLF Stock in 2019?
Domestic steel production is one of the major demand drivers for Cleveland-Cliffs’ (CLF) iron ore pellets.
Credit Suisse: Less Bullish on SPY, Still Positive
Credit Suisse slashed SPY’s target for the end of 2019 from 3,350 to 2,925 in December. The previous target was the most bullish outlook.
Wall Street Has a Bullish Stance on US Airline Stocks
Analysts are bullish on the airline industry (JETS) and have provided “buy” recommendations on the majority of stocks in the space.
Research Companies Project Margin Expansion for Airlines in 2019
In the last few months, the airline industry has received bullish recommendations from top research companies.
The Gold Equities Credit Suisse Favors in 2019
Credit Suisse (CS) is positive about gold prices (IAU) in 2019. The bank expects gold prices to average $1,275 per ounce in 2019 and $1,300 in 2020.
FedEx Faces a Downward Estimate Revision
FedEx’s (FDX) earnings estimate revisions have largely moved downward. The company slashed its earnings outlook for fiscal 2019.
Airlines’ Rating Downgrade: Investors Are Cautious
Most of the analysts polled by Reuters have provided “buy” recommendations on stocks in the airline industry.
Airline Stocks: November’s Rally Didn’t Last Long
In November, most of the airline stocks had their biggest gains in 2018. However, airlines’ momentum didn’t last long enough.
General Electric Jumped ~11% on J.P. Morgan’s Rating Upgrade
General Electric stock was trading ~11% higher during today’s pre-market trading session after J.P. Morgan analyst Stephen Tusa upgraded his rating on the stock.
Analysts Are Bullish on US Airline Stocks
Analysts have provided “buy” recommendations on most of the stocks in the airline industry (PEJ).
Airlines Could See Margin Expansion in 2019
In November, the rally in airline stocks was driven by positive remarks on the entire industry from Goldman Sachs (GS) and Credit Suisse (CS).
Why Did Airline Stocks Rally in November?
Until the middle of October, airline stocks had been among the most battered stocks due to concerns about overcapacity and rising fuel prices.
American Airlines Is among Goldman Sachs’s Top Airline Picks
American Airlines (AAL) has remained one of the most battered airline stocks in the year so far due to concerns about its high debt load and rising oil prices eroding profits.
Wall Street Recommendations: Alaska, Delta, and United Airlines
Analysts are bullish on the entire airline industry (JETS) and have provided “buy” recommendations on all three of Credit Suisse’s (CS) “outperform”-rated stocks United Continental (UAL), Delta Air Lines (DAL), and Alaska Air Group (ALK).
What United, Delta and Alaska Airlines’ Valuation Tells You
This year so far hasn’t gone well for the entire airline (IYT) industry. Almost every air carrier has registered a decline in its share price, with a few exceptions.
Why Credit Suisse Is Bullish on Delta, United, and Alaska Airlines
With few exceptions, airline stocks (JETS) have been among the worst performers this year due to concerns about seat capacity affecting prices and rising oil prices eroding profits.
3M: Analysts Revised the Target Price
For 3M stock, 37% of the analysts recommended a “buy,” 42% recommended a “hold,” and 21% recommended a “sell.”
GE Up 8% on Announcement of Partial Baker Hughes Stake Sale
GE gained ~8% yesterday after newly appointed CEO Larry Culp revealed his first major step to strengthen the company’s liquidity.
GE Stock Falls Again as Liquidity Crunch Fear Rises
General Electric’s nightmare doesn’t seem to be over yet. The company’s stock fell nearly 7% yesterday, its 12th loss in the last 13 sessions.
Why Many Analysts Cut Caterpillar’s Target Price after Q3 Results
The analyst consensus target for CAT is $159.23, implying a return potential of 32.2% over the closing price of October 23.
Sherwin-Williams: Analysts’ Recommendations
For Sherwin-Williams, 64% of the analysts recommended a “buy,” 36% recommended a “hold,” and none of the analysts recommended a “sell.”
Why Do Analysts Favor Ashland?
Since the beginning of 2018, the number of analysts tracking Ashland (ASH) has increased from 11 to 12.
U.S. Steel Corporation: Bulls and Bears Clash after Steel Tariffs
U.S. Steel Corporation (X) received a “strong buy” rating from two analysts, while six analysts gave the stock a “buy” rating.
Why Analysts Are Positive on W.R. Grace
In the past six months, the number of analysts covering W.R. Grace (GRA) has fallen from 14 to the present 11.
How Alphabet Fared in the APAC Region
Alphabet’s 4Q17 APAC revenues grew 30.0% YoY to $4.7 billion, making it the company’s second-fastest-growing revenue region in the quarter.
How Analysts View Deere ahead of Fiscal 1Q18 Earnings
Currently, of the 24 analysts tracking Deere, 50% of the analysts have recommended the stock as a “buy.”
Why Credit Suisse Double-Upgraded Cleveland-Cliffs
On February 7, 2018, Credit Suisse upgraded Cleveland-Cliffs stock two notches from “underperform” to “outperform.” It also raised the stock’s target price by 80% from $5.0 to $9.0.
How Analysts View Hess Corporation Stock
Approximately 42.8% of analysts covering Hess (HES) stock rate it a “buy,” and ~52.4% of analysts rate it a “hold.”
KBR’s Relative Valuation Compared to Its Peers
Among its peers in the industrial (XLI) sector, KBR has the highest PBV ratio for 2017 at 2.95x. It’s followed by Fluor (FLR).
Chicago Bridge & Iron’s Relative Valuation Compared to Its Peers
Chicago Bridge & Iron Company (CBI) has a PB ratio of 1.41x based on its 2017 consensus estimates.
3M and How Analysts Are Feeling about It
Among the 14 analysts covering 3M (MMM) stock, 29% have recommended a “buy, 50% have recommended a “hold,” and 21% have recommended a “sell.”
Why No Analysts Are Recommending a ‘Sell’ for Sherwin-Williams
About 70% of the analysts covering Sherwin-Williams (SHW) have recommended a “buy” for the stock, and 30% have recommended a “hold.” None of them have recommended a “sell.”
How Analysts View Air Products and Chemicals after Fiscal 4Q17
The analysts’ consensus indicates the 12-month target price of APD to be $167.00, implying a return potential of 3.8% over the closing price of $160.88 on October 26, 2017.
How Wall Street Views DowDuPont ahead of 3Q17 Earnings
As of October 24, 2017, 21 analysts were actively tracking DowDuPont (DWDP) stock.
How Credit Suisse Views Mohawk Industries
On October 19, 2017, Mohawk Industries (MHK) traded at $261.00. Its 52-week high is $262.30 and its 52-week low is $175.52.
Sherwin-Williams: Wall Street Views and Recommendations
As of October 16, 23 analysts are actively tracking Sherwin-Williams (SHW). Among them, 65% have recommended a “buy,” 35% have recommended a “hold,” and none have recommended a “sell.”
Behind the Recent Analyst Rating Changes for Silver Miners
After the Guatemalan government’s decision to suspend Tahoe Resources’ (TAHO) license, the company saw several downgrades.
Mapping the Analyst Rating Changes for Royalty and Streaming Miners
Credit Suisse (CS) downgraded Franco-Nevada (FNV) from “outperform”’ to “neutral” on September 25, 2017.
Deere: Analysts’ Recommendations and Target Prices
For Deere, 33% of the analysts recommended the stock as a “buy,” 62% recommended the stock as a “hold,” and 5% recommended the stock as a “sell.”
Sherwin-Williams: Most Analysts Recommend a ‘Buy’
For Sherwin-Williams, 61% of the analysts recommended the stock as a “buy,” 35% recommended a “hold,” and 4% recommended a “sell.”
Wall Street’s Views and Recommendations for PPG Industries
The number of analysts covering PPG Industries (PPG) has risen from 21 to 22. About 55.0% of them have recommended a “buy” for the stock.
Wall Street’s Views on Deere after Fiscal 3Q17 Earnings
The number of analysts covering Deere (DE) stock has increased from 20 to 21. About 62.0% of them have recommended a “hold” for the stock.
Most Analysts Suggest a ‘Buy’ on Honeywell
Among the 19 analysts, 79% of the analysts recommended a “buy” on Honeywell, 21% recommended a “hold,” and none recommended a “sell.”
What Analysts Recommend for Vale
According to the data compiled by Thomson Reuters, 36.4% of Wall Street analysts recommend a “buy” on Vale (VALE).
What’s Does Wall Street Think of PPG Post-2Q17?
At present, 22 analysts are actively monitoring PPG Industries (PPG). Among these analysts, 63% have recommended “buys” on the stock.
Analysts’ Views: What Iron Ore Price Could Bring Balance?
While iron ore prices have rebounded recently, analysts are still skeptical about the long term. Morgan Stanley has reduced its iron ore price forecast for 3Q17 by 23% to $50 per ton.
What Is the Word on Wall Street about Vale?
According to Reuters, 55% of Wall Street analysts recommend a “hold” on Vale (VALE), while 36% of the analysts rate it as a “buy.”
Exploring Analysts’ Latest Price Recommendations for 3M
On May 25, 2017, 18 brokerage companies were actively tracking 3M Company (MMM) stock. About 44.0% of those analysts recommended “buys” on the stock.
Analysts on Iron Ore: How Much More Downside?
Analysts have been expecting a downturn in iron ore. Analysts upgraded their short-to-medium-term forecasts, but they’re still not positive about long-term fundamentals.
What Analysts Are Recommending for 3M Stock
As of April 24, 2017, 18 brokerage firms were actively tracking 3M (MMM) stock. About 44.0% of those analysts are recommending a “buy” for the stock.
3M on the Street: What the Analysts Say ahead of the 1Q17 Earnings
Of the 18 analysts covering 3M, 44% of the analysts recommended the stock as a “buy,” while 39% of the analysts recommended the stock as a “hold.”
Will the European Central Bank Follow the Fed?
On its own stage across the Atlantic from the US Fed, the ECB (European Central Bank) has had its own quantitative easing program.
How Analyst Recommendations Changed for Gold Miners in 1Q17
RBC Capital Markets downgraded Newmont from “outperform” to “sector perform” on March 16, 2017.
Analysts’ Latest Recommendations for Air Products & Chemicals
As of March 29, 2017, 20 brokerage firms were actively tracking Air Products & Chemicals (APD). About 50.0% of them recommended a “buy” for the stock.
Analysts’ Latest Recommendations for Sherwin-Williams
As of February 27, 21 brokerage firms were actively tracking Sherwin-Williams stock—57% gave it a “buy,” 38% gave it a “hold,” and 5% gave it a “sell.”
Why Are Vale Analysts Are Feeling Upbeat?
The word on Wall Street Among the analysts that track Vale (VALE), 30.0% have given the company “buy” recommendations, and 17.0% have given it “sell” recommendations. Vale’s target price is $9.67, which implies a downside potential of 16%. In the past year, its target price has risen 111%, with its share price staying firm due to […]
Newmont Mining’s Fiscal 2016 Results: What Do the Analysts Think?
Of the 19 analysts covering Newmont Mining (NEM), 11 issued “buy” recommendations and seven issued “hold” recommendations on the stock.
Will Bond Market Rally Take a Break amid Interest Rate Hikes?
The possibility of a delayed Fed rate hike might have put a plug on U.S. Treasury yields, ensuring more days of a cheap dollar environment.
BHP’s Fiscal 1H17 Results: What the Analysts Think
Of the 21 analysts covering BHP, seven analysts have issued “buy” recommendations, while 11 have “hold” recommendations.
Analysts Are Divided before Deere’s 1Q17 Results
About 36% of the analysts recommended a “buy” for Deere stock, 46% of the analysts recommended a “hold,” and 18% recommended a “sell.”
Why Deutsche Bank Scrapped Dividends in 2016
Germany-based Deutsche Bank (DB) announced plans to cut dividend payments for 2015 and 2016 as part of its plans to strengthen the bank’s capital.
Do Distressed Valuations Mean It’s a Good Time to Buy Deutsche Bank?
Deutsche Bank’s shares are currently trading at distressed valuations.
Why Deutsche Bank Closed 2016 with Losses
Deutsche Bank (DB) reported its fourth quarter earnings on February 2, 2017. The distressed bank reported 4Q16 losses of 1.9 billion euros, which missed analysts’ forecasts.
How Brexit Has Affected Global Markets
Gorman was disappointed with the UK’s decision to leave the European Union. The UK’s referendum had some immediate effects on the markets (VGK) (HEDJ).
Will Deutsche Bank’s Overhaul Plan Work?
Investors who are concerned about Deutsche Bank’s bankruptcy are looking at CEO John Cryan’s plan to restructure the company’s operations.
Deutsche Bank: Analyzing Its Capital Levels
Deutsche Bank is proving to be the most dangerous bank to the global economy. It failed the Fed’s 2016 stress tests in June 2016.
What Are Analysts’ Recommendations for DuPont?
Analysts’ consensus indicates a 12-month target price for DuPont at $78.10—a return potential of 5.5% from its closing price of $74.03 on January 11.
How Are Analysts Currently Rating Newmont Mining?
Of the 19 analysts covering Newmont Mining (NEM), 12 have issued “buy” recommendations and seven have issued “hold” recommendations on the stock.
What’s the Word on Wall Street about Vale?
Among the analysts that track Vale (VALE), 15.0% have given the company “buy” recommendations, and 23.0% have given it “sell” recommendations.
Are Analysts Turning Optimistic on Vale SA?
Among the analysts that track Vale SA (VALE), 16.0% have given the company a “buy” recommendation, and 16.0% have given it a “sell” recommendation.
Can Trump Save Deutsche Bank from Bankruptcy?
Deutsche Bank could be the biggest beneficiary under Trump, having been on the brink of bankruptcy until its stock spiked nearly 20% after the election.
Carl Icahn Continues His Bullish Stance on Herbalife
Billionaire activist fund manager Carl Icahn discussed his key investments in a CNBC interview. He said that he continues his bullish stance on Herbalife (HLF).
Bill Ackman Continues His Short Position in Herbalife
Billionaire hedge fund manager Bill Ackman discussed his key investments in a recent interview. He said that he is continuing his short position in Herbalife (HLF).
Deutsche Bank’s Capital Levels Struggle to Meet Regulatory Requirements
Deutsche Bank’s stock is down nearly 40% in 2016 so far. Capital reserves are important to restore the confidence of regulators and investors.