Guggenheim

According to a research report published earlier today, Guggenheim has upgraded Capital One Financial Corp. (NYSE: COF) from Neutral to Buy and increased PT from $54 to $67. Guggenheim also upgraded Regions Financial Corp. (NYSE: RF) from Neutral to Buy and increased PT from $6 to $9. In the...

According to a research report published today, Guggenheim has increased Comerica Inc.'s (NYSE: CMA) PT from $2 to $36. Guggenheim commented in the report, “In light of capital actions announced yesterday following the Fed's implicit approval of CMA's capital plan, we are raising our price target...

According to a research report published earlier today, Guggenheim has increased Sprint Nextel Corporation's (NYSE: S) PT from $2.50 to $3. In the report, Guggenheim commented, “We believe recent events have removed several significant near-term overhangs on the stock. Events include a $2B debt...

According to a research report published earlier today, Guggenheim has increased Discover Financial Services' (NYSE: DFS) PT from $3 to $37. Guggenheim said in the report, “Following DFS's announcement of a new repurchase authorization in conjunction with the release of the CCAR results, we are...

According to a research report published earlier today, Guggenheim has increased American Express Company's (NYSE: AXP) PT from $3 to $63. In the report, Guggenheim explained, “Given excess capital generation, slower balance sheet growth, and a lack of significant acquisitions relative to current...

According to a research report published earlier today, Guggenheim has increased Huntington Bancshares Inc.'s (NASDAQ: HBAN) PT from $6.25 to $6.50. “In the case of HBAN, we did not change estimates; however, we did nudge the price target $0.25 higher to $6.50 per share to reflect higher sector...

According to a research report published today, Guggenheim has decreased Visteon Corporation's (NYSE: VC) PT from $50 to $49 as a result of a change in share count with shares being issued to the pension. Guggenheim further commented in the report, “Visteon announced the sale of its Lighting...

According to a research report published today, Guggenheim has increased Apache Corporation's (NYSE: APA) PT from $136 to $138 to reflect the most recent 10-K information. “We recently returned from our Latin America Energy Tour of Brazil and Argentina, where we spent time in Buenos Aires with...

In a recent research report, Guggenheim has lowered Hudson City Bancorp's (NASDAQ: HCBK) 2012E and 2013E EPS by $0.04 and $0.08 to $0.62 each, following a review of the company's 10-K. “We believe HCBK can maintain a stable quarterly EPS level of $0.15 to $0.16 over the next two years assuming...

Guggenheim raises its rating on Heartland Financial (NASDAQ: HTLF) to Buy from Neutral and ups its price target to $20 from $18 on loan growth outlook. Guggenheim says, "We are raising our rating on HTLF to BUY from NEUTRAL with a $20 price target (up from $18) given an improving outlook for loan...

According to a research report published earlier today, Guggenheim has increased MetroPCS Communications' (NYSE: PCS) PT from $10 to $12. Guggenheim commented in the report, “MetroPCS has resumed promoting handsets in 1Q, which suggests CPGA could rise again, limiting EBITDA upside; but a return...

According to a research report published earlier today, Guggenheim has upgraded Fulton Financial's (NASDAQ: FULT) shares from Neutral to Buy, and has increased PT from $1 to $11.50. In the report, Guggenheim commented, “We are upgrading FULT to BUY from NEUTRAL and are raising our price target $1...

Guggenheim lowers its rating on Invesco Mortgage Capital (NYSE: IVR) to Neutral from Buy following stock price appreciating at current price target of $17. Guggenheim says, "Following IVR's recent stock price increase, we continue to find IVR shares fairly valued at our $17 PT, so we are reducing...

Quiet as it may be kept, the number of U.S.-listed exchange traded funds offering exposure to Canada is proliferating at a decent pace these days. Part of the increasing number of ETFs with northern exposure comes from soaring production of unconventional energy resources, such as the oil sands of...

In a research report published today, Guggenheim has downgraded M.D.C. Holdings (NYSE: MDC) and M/I Homes (NYSE: MHO) from Buy to Neutral, along with downgrading Beazer Homes USA (NYSE: BZH), Meritage Homes (NYSE: MTH), and The Ryland Group (NYSE: RYL) from Neutral to Sell due to recent stock price...