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BofA Initiates Coverage Of Coinbase: 'We Await More Signs Of Progress'
Friday, August 13, 2021 - 11:18am | 403Read More...Coinbase Global Inc (NASDAQ: COIN) traded higher by 2% on Friday morning after one Wall Street analyst gave his initial take on the stock. The Analyst: Bank of America analyst Jason Kupferberg initiated coverage of Coinbase with a Neutral rating and a $274 price target. Related Link: 'Bad Omen...
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Why This dLocal Analyst Is Bullish On Fintech Stock
Monday, June 28, 2021 - 3:00pm | 397Read More...The driver of Uruguayan fintech company DLocal Ltd's (NASDAQ: DLO) growth is its ability simplify payments by addressing pain points in emerging markets, according to. BofA Securities analyst. The dLocal Analyst: Jason Kupferberg initiated coverage of dLocal with a Buy...
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Why Visa & Mastercard Investors Shouldn't Sweat Fed's New Debit Routing Rule Change
Monday, May 10, 2021 - 2:15pm | 464Read More...On Friday, The U.S. Federal Reserve issued a press release highlighting proposed changes to debit card routing rules that analysts say could have an impact on Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA). What Happened? The proposed debit routing rules would require debit card issuers to enable...
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Square Reports Q1 Earnings: What Do Analysts Think?
Friday, May 7, 2021 - 12:14pm | 541Read More...Square Inc (NASDAQ: SQ) shares traded higher by 6% on Friday morning after the company reported a Bitcoin (CRYPTO: BTC)-fueled surge in first-quarter revenue. For the first quarter, Square reported 41 cents in EPS on revenue of $5.06 billion. Both numbers beat consensus analyst estimates of 16...
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PayPal's Crypto Segment Gets A Boost, Announces Acquisition of Curv
Monday, March 8, 2021 - 5:01pm | 433Read More...Paypal Holdings Inc (NASDAQ: PYPL) has pushed into the cryptocurrency market as part of its growth plan. An analyst is out with some estimates of what cryptocurrency could mean for the company. The Paypal Analyst: Bank of America analyst Jason Kupferberg reiterates a Buy rating and has a...
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Rocket Companies 'Firing On All Cylinders,' BofA Says After Q4 Print
Friday, February 26, 2021 - 5:56pm | 400Read More...Rocket Companies Inc (NYSE: RKT) reported Thursday with fourth-quarter results that signal the online mortgage, real estate and e-commerce holding company is "firing on all cylinders," according to BofA Securities. The Rocket Companies Analyst: Jason Kupferberg maintains a Buy rating...
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BofA Upgrades Mastercard On 'Potentially Priceless Opportunity'
Wednesday, January 6, 2021 - 10:46am | 247Read More...Mastercard Inc (NYSE: MA) stock has traded almost flat over the past four months and doesn't sufficiently reflect the opportunity ahead of a potential reacceleration of positive trends, according to BofA Securities. The Mastercard Analyst: Jason Kupferberg upgraded Mastercard's stock from...
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Analysts React To Rocket Companies Q3 Earnings: 'Differentiated Tech-Driven Platform'
Wednesday, November 11, 2020 - 12:20pm | 408Read More...Rocket Companies Inc (NYSE: RKT) shares fell about 3.3% on Wednesday after the company reported a record third quarter on Tuesday afternoon. The Numbers: Rocket Companies, which is the parent company of Rocket Mortgage and Quicken Loans, reported third-quarter adjusted EPS of $1.21...
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Square Earnings Crush Expectations Yet Again, But What's Next?
Friday, November 6, 2020 - 1:15pm | 512Read More...Square Inc (NYSE: SQ) shares jumped 11% on Friday after the company reported an earnings beat and stronger-than-expected Cash App growth in the third quarter. Square reported third-quarter adjusted EPS of 8 cents on revenue of $3.03 billion. Both numbers beat consensus analyst estimates of an 8-...
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PayPal Bulls & Bears Debate Growth Outlook, Valuation
Thursday, October 8, 2020 - 11:31am | 369Read More...Paypal Holdings Inc (NASDAQ: PYPL) has been a top performer in 2020, gaining 78.1% year to date. This week, Bank of America analyst Jason Kupferberg hosted a bull-bear debate concerning PayPal, and he highlighted the major takeaways in a note to clients. Kupferberg said PayPal was already...
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BofA Upgrades Western Union After Q2 Earnings Sell-Off
Tuesday, September 15, 2020 - 12:01pm | 258Read More...The decline in The Western Union Company’s (NYSE: WU) stock since the second-quarter print does not seem justified, and the stock’s risk-reward appears compelling, according to BofA Securities. The Western Union Analyst: Jason Kupferberg upgraded Western Union from Neutral to Buy with...
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2 Analyst Takes On The First Post-IPO Rocket Companies Earnings Report
Thursday, September 3, 2020 - 11:04am | 396Read More...Rocket Companies Inc (NYSE: RKT) reported solid second-quarter results Wednesday and guided to strong volumes in the third quarter. The Rocket Companies Analysts: Timothy Chiodo of BofA Securities maintained a Buy rating on Rocket Companies with a $32 price target. Credit Suisse...
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BofA Picks Visa Over Mastercard, Raises Price Targets
Thursday, August 27, 2020 - 2:36pm | 431Read More...In the past month, shares of Mastercard Inc (NYSE: MA) have gained 15.9%, more than double the 7.6% gain by competitor Visa Inc (NYSE: V) in that time. On Thursday, one Wall Street analyst said Mastercard’s recent outperformance underscores the fact that Visa is the better investment at this...
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Wall Street Loves Square's Cash App Growth
Wednesday, August 5, 2020 - 12:58pm | 553Read More...Square Inc (NYSE: SQ) gained 9% on Wednesday after the company reported huge jumps in Cash App customers and revenue. Square released its second-quarter earnings a day early on Tuesday after they were leaked after the market close. Square reported adjusted EPS of 18 cents on $1.9 billion in...
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The Street Debates What's Next For PayPal After Impressive Q2 Beat
Thursday, July 30, 2020 - 2:44pm | 784Read More...Payments company Paypal Holdings Inc (NASDAQ: PYPL) reported Wednesday afternoon with second-quarter results highlighted by an EPS, revenue and total payment volume beat. Here's how PayPal analysts are reacting to the company's results and outlook. The PayPal Analysts:...
















