- CHK24/7 Wall St.•10 hours ago
By the end of the day Thursday, Chesapeake stock had regained all its lost ground and added 2.8% besides to close at $6.91. Merrill Lynch raised its rating on the stock from Underperform to Neutral and raised its price target on the stock from $6 to $10. Barclays analysts saw things differently: “We remain Underweight [on Chesapeake] shares due to high financial leverage and continued negative free cash flow outlook.” Barclays’ price target is $4, with an upside case of $15 per share and a downside case of $1 per share.
- BusinessBusiness Insider•11 hours ago
According to the 3Q earnings report, the bank has 21 million mobile banking active users and 18% of deposit transactions are completed through mobile devices. "That’s better for customers, it’s also better for our shareholders," said Donofrio.
- financeNicole Sinclair•10 days ago
Many Wall Street analysts point to the expensive market—especially amid uncertain times—as a key reason for downside ahead.