BofA Saw Biggest "BTFD" Inflows Since 2017 As Buybacks Soared... But The Window Closes On Friday
Over the weekend, when we published Goldman's detailed explanation for why the market meltup was set to continue in the aftermath of the...
Bank of America assumed coverage on shares of Agios Pharmaceuticals (NASDAQ:AGIO) in a report issued on Friday morning, The Fly reports. The brokerage issued a buy rating and a $54.00 target price on the biopharmaceutical company’s...
Related topics: Banking, Nasdaq, US Equity Markets
Bank of America (BAC) closed the most recent trading day at $44.15, moving +0.64% from the previous trading session. This change lagged the S&P 500's 1.17% gain on the day. At the same time, the Dow added 1.87%, and the tech-heavy Nasdaq gained...
Related topics: Banking, Nasdaq, US Equity Markets
Ulta Beauty (NASDAQ:ULTA) had its target price upped by equities research analysts at Bank of America from $400.00 to $450.00 in a research note issued on Friday, PriceTargets.com reports. The firm presently has a “neutral” rating on...
Related topics: Nasdaq, US Equity Markets, Banking
Two top-performing chipmakers aren't finished making money for investors, according to a new report from BofA Securities.
Related topics: Banking, Advanced Micro Devices (AMD), Nvidia (business)
What Happens When Omicron Meets Powell
By Steve Englander, head of global FX research and North America macro strategy at Standard Chartered Bank, NY Branch
30 November FX moves most likely reflect position and G10 commodity currency...
Related topics: Banking
While some of former president Donald Trump's supporters simply "hate America," others can be described as "victims," according to Pulitzer Prize-winning investigative journalist David Cay Johnston.
Johnston appeared on MSNBC on Tuesday to discuss...
Related topics: Donald Trump, Pulitzer Prize, MSNBC
Bank of America (BAC) closed the most recent trading day at $45.59, moving -0.37% from the previous trading session. This change lagged the S&P 500's 1.32% gain on the day. Meanwhile, the Dow gained 0.68%, and the Nasdaq, a tech-heavy index, lost...
Related topics: Banking, Nasdaq, US Equity Markets
Shares of all the major U.S. bank stocks struggled today, along with the Dow Jones Industrial Average, which at one point fell 1,000 points on this shortened day of trading -- the worst drop for the index in all of 2021.Shares of America's largest...
Related topics: Wells Fargo, Citigroup, Citi, Banking, J.P. Morgan Chase & Co.
In a new research report, the equity strategists at BofA Securities make the case that energy stocks will be solid 2022 picks, as they are actually an inflation beneficiary. These four stocks are...
Related topics: Dividend, Inflation
Happy Tuesday and welcome to On The Money, your nightly guide to everything affecting your bills, bank account and bottom line. Subscribe here: thehill.com/newsletter-signup.Today’s Big Deal: President Biden is seeking to assure Americans about...
Related topics: Joe Biden
BofA Is Bearish On Markets Ahead Of The 2022 "Rates Shock"
For those who have been following BofA CIO Michael Hartnett's sometimes disjointed thoughts and observations, dutifully jotted down in his weekly Flow Show report (and...
From left: Julia Jaskolska of CalPERS, Christopher Oglesby of Bank of America, Connie Lee of Tiger Global, and Lalit Gurnani of Goldman Sachs.CalPERS; Bank of America; Tiger Global Management; Goldman Sachs; Samantha Lee/Insider
Each year, Insider...
Related topics: Goldman Sachs, Banking
For Immediate ReleaseChicago, IL – November 22, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the...
Related topics: Banking, Paypal, Cisco (business)
Friday, November 19, 2021 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Bank of America Corp. (BAC), PayPal (PYPL), and...
Related topics: Banking, Paypal, Cisco (business)
From BofA: We continue to track 6% qoq saar for 4Q GDP growth. [November 19 estimate]emphasis addedFrom Goldman SachsWe left our Q4 GDP tracking estimate unchanged on a rounded basis at +5.0% (qoq ar). [November 17 estimate]And from the Altanta Fed:...
Related topics: Fed
This Market Makes Sense... If Earnings Grow 19% In Perpetuity
Regular readers are aware that one of our favorite fundamental valuation benchmarks (yes, once upon a time fundamentals used to matter) is the Bank of America matrix which...
Related topics: Banking
24/7 Wall St. screened the BofA Securities research universe database looking for the mega-retailers that look poised to cash in this year. These five stocks are all rated Buy and look like excellent...
Investors Most Overweight US Stocks Since 2013 Despite Dismal Growth Outlook: Fund Manager Survey
A "startling divergence" emerged last month when Bank of America held its latest Fund Manager Survey: according to the poll results, Wall...
Related topics: Polls, Banking
US Food Banks Struggle To Feed Hungry Amid 'Perfect Storm' Of Food Inflation
America's largest food bank struggles to feed people amid a perfect storm of surging food prices and supply chain woes.
Katie Fitzgerald, COO of Feeding...
Related topics: Banking, Inflation