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Top related persons:
Davidson - 3 Tesla - 2 Morgan Stanley - 2 Aston - 1 WSFS - 1 Goldman Sachs - 1 — CNBC's Michelle Fox - 1 Alex Harring - 1
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Royal Caribbean Delaware Wilmington Wisconsin Iowa China
Top related orgs:
UBS - 2 Aston Martin - 1 D.A - 1 Regional Banking - 1 Pfizer - 1 Cruise - 1 Moderna — Moderna - 1 Barclays - 1

Search resuls for: "WSFS"


3 mentions found


☆ Stocks making the biggest moves midday: Pfizer, Lucid, WSFS Financial and more
  + stars: | 2023-06-26 | by ( Sarah Min | ) www.cnbc.com   time to read: +2 min
Lucid Group — Lucid shares jumped 9% after the electric vehicle maker said it will provide powertrain and battery systems to British luxury automaker Aston Martin. Davidson upgraded the stock to buy from neutral, noting WSFS could benefit from a higher-for-longer interest rate environment. UBS upgraded the pharmaceutical stock to buy from neutral, saying the potential for other vaccines for the company isn't fully appreciated by investors. Alphabet — Shares of Alphabet fell 1.8% after UBS downgraded the tech giant to neutral from buy. Tesla — The electric vehicle maker dropped 2.8% after Goldman Sachs downgraded Tesla to neutral from buy.
Persons: Aston, Davidson, WSFS, Tesla, Goldman Sachs, Morgan Stanley, — CNBC's Michelle Fox, Alex Harring, Jesse Pound Organizations: Aston Martin, D.A, Regional Banking, Pfizer, Cruise, Moderna — Moderna, UBS, Barclays Locations: Royal Caribbean
☆ Buy this regional bank stock for 28% upside despite higher rate environment, D.A. Davidson says
  + stars: | 2023-06-26 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
Higher rates for longer could benefit WSFS Financial , the Delaware-based parent of Wilmington Savings Fund Society, according to D.A. The firm upgraded the regional bank to buy from neutral Monday with a $45 per share price target, representing about 28% upside from Friday's $35.17 close. WSFS YTD mountain Shares of WSFS Bank have slipped more than 18% in 2023. But analyst Manuel Navas says WSFS Financial could post stronger growth compared with peers due to a higher net interest margin . At the same time, he says WSFS Financial is trading at a discount that doesn't accurately capture the bank's position.
Persons: Davidson, Manuel Navas, Navas, 1Q23 NIM, Michael Bloom Organizations: Wilmington Savings Fund Society, WSFS Bank Locations: Delaware, Wilmington
☆ Here are Monday's biggest analyst calls: Meta, Tesla, Disney, Amazon, Boeing, Walmart, Uber & more
  + stars: | 2023-06-26 | by ( Michael Bloom | ) www.cnbc.com   time to read: +6 min
Here are Monday's biggest calls on Wall Street: Bank of America upgrades Alliant to buy from neutral Bank of America said shares of the Wisconsin and Iowa energy company are attractive. UBS upgrades Moderna to buy from neutral UBS said the biotech company's pipeline is underappreciated. UBS downgrades Alphabet to neutral from buy UBS said it sees "near-term monetization risk" for the tech giant. Bank of America reiterates Paramount Global as buy Bank of America said the media company is "unique." Loop reiterates Disney as buy Loop said it's standing by its buy rating on the entertainment and parks giant.
Persons: LNT, Goldman Sachs downgrades Tesla, Goldman, Morgan Stanley, TD Cowen, Coinbase, underperform TD Cowen, Wells, Brinker, Williams, Tesla, Bernstein, Uber, Davidson, Roth, Roth MKM, Piper Sandler, Lululemon, Piper, LULU Organizations: Bank of America, of America, UBS, Moderna, Walmart, Amazon Prime, BTC, BMO, Sherwin, Deutsche Bank, Deutsche, Citi, Boeing, WSFS Financial Corporation, Networks, TAM, Meta, Paramount Global, Brunswick Locations: Wisconsin, Iowa, China
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