Metropolitan Bank Clocks 21.2% Topline Growth In Q1; Says Liquidity Remains Strong
Metropolitan Bank Holding Corp (NYSE:MCB), the holding company for Metropolitan Commercial Bank, reported a first-quarter 2023 revenue increase of…
Lululemon Is Exploring Sale of Mirror Unit Bought in 2020 To Competitor: Report
Lululemon Athletica Inc (NASDAQ:LULU) seeks to sell its at-home fitness business, Mirror, which it bought in 2020. The company approached…
Why Morgan Stanley Stock Is Falling Today
Morgan Stanley (NYSE:MS) reported Q1 net revenues of $14.5 billion, down from $14.8 billion a year ago, exceeding the consensus…
Travelers Companies Q1 Earnings Beat Despite Higher Catastrophe Losses, Authorizes Share Repurchases, Boosts Dividend
The Travelers Companies Inc (NYSE:TRV) reported first-quarter 2023 revenues of $9.70 billion, up 10% Y/Y, beating the consensus of $9.19…
Citizens Financial Q1 Highlights: Earnings Miss, NII Up 43% Y/Y, Provision For Credit Losses $168M
Citizens Financial Group (NYSE:CFG) reported Q1 revenue of $2.13 billion, up 29% Y/Y, below the consensus of $2.14 billion. Underlying…
First Horizon Q1 Highlights: Earnings & Revenue Miss Street View, Average Deposits Down Y/Y
First Horizon Corporation (NYSE:FHN) reported first-quarter 2023 revenues of $859.0 million, up 21% Y/Y, which missed the consensus of $879.2…
Analyst Double Upgrades BJ’s Restaurants: Call Same Stores Sales, EPS Growth Outlook Conservative
Wedbush analysts Nick Setyan, Michael Symington and Matt Quigley double upgraded BJ’s Restaurants Inc (NASDAQ:BJRI) to Outperform from Neutral at a price…
Brookfield Asset Management Is Fully Priced, Industry Fundamentals Shaky: Analyst Downgrades Stock
Keefe, Bruyetter & Woods analyst Michael Brown downgraded Brookfield Asset Management Ltd (NYSE:BAM) to Underperform from Market Perform and reduced the price…
First Solar Is Up 40% YTD, Has Reached Its Ceiling: Analyst Downgrades Stock
KeyBanc analyst Sophie Karp downgraded First Solar, Inc (NASDAQ:FSLR) to Sector Weight from Overweight following recent shares outperformance. FSLR’s shares are up around…
Analyst Double Upgrades NVIDIA: Recognizes Potential To Cash On AI Opportunity
HSBC analyst Frank Lee double-upgraded NVIDIA Corp (NASDAQ:NVDA) to Buy from Reduce and increased the price target to $355 from $175. Lee…