The Latest Breaking News from Credit Suisse

Credit Suisse Initiates Coverage On Paycom: Current Valuation 'Does Not Reflect Growth'

Paycom Software Inc (NYSE: PAYC) is poised to benefit from the increasing use of technology-driven employee benefit consumption, according to Credit Suisse.

Benzinga · Mar 23, 2022

Xtep Revenue Leaps to Record on China's New Long Run to Sports

Key Takeaways: Xtep’s revenue grew 23% last year to a record 10 billion yuan, though its newer brands lost money The company is less profitable than industry leaders Anta and Li Ning, leading its shares to trade at a discount By Lau Ming

Benzinga · Mar 23, 2022

Benzinga's Top Ratings Upgrades, Downgrades For March 23, 2022

Upgrades For E2open Parent Holdings Inc (NYSE:ETWO), Colliers Securities upgraded the previous rating of Neutral to Buy. At the moment, the stock has a 52-week-high of $14.58 and a 52-week-low of $7.66. E2open Parent Holdings closed at $9.37 at the end of the last trading period.

Benzinga · Mar 23, 2022

Exec pay falls at Credit Suisse as it reveals Russia exposure

Credit Suisse today revealed a £1.3 billion exposure to Russia, the latest hit for the Swiss bank that seems to be perpetually in crisis.

Evening Standard · Mar 10, 2022

Read How Analysts Reacted To MongoDB Post Q4 Earnings Beat

Analysts remained positive on MongoDB Inc (NASDAQ:MDB) despite slashing their price targets on the stock post Q4 results. Barclays analyst Raimo Lenschow lowered the PT to $410 from $556 (25% upside) and kept an Overweight. Atlas growth accelerated again compared to previous years. Morgan Stanley kept an Overweight with an unchanged price target of $633 (90%…

Benzinga · Mar 9, 2022

Credit Suisse Cuts General Electric Price Target By 5%

Credit Suisse analyst John Walsh lowered the price target on General Electric Co (NYSE:GE) to $116 (an upside of 30.2%) from $122 and maintained an Outperform rating on the shares. Walsh also updated his quarterly 2022 EPS estimates into GE's analyst day on March 10th, leaving the full year unchanged. Related: GE Stock Slides As Supply…

Benzinga · Mar 7, 2022

British MPs urge global banks to close Russian offices ‘without delay’

Labour’s Margaret Hodge says banks including Deutsche Bank, HSBC, JP Morgan and Credit Suisse have ‘moral duty’ to exit quickly

The Guardian - UK · Mar 6, 2022

Analysts Cut BJ's Wholesale Club Price Target Post Q4 Results

Analysts slashed their price target on BJ's Wholesale Club Holdings Inc (NYSE:BJ) following the release of Q4 results. Credit Suisse analyst Robert Moskow lowered the price target to $70 from $80 and kept an Outperform rating on the shares, implying a 24% upside. Moskow thinks the pullback in the stock after weak Q4 results is an…

Benzinga · Mar 4, 2022

Analysts Bump Up Kroger Price Target Post Q4 Results

Analysts raised their price target on Kroger Co (NYSE:KR) following the release of Q4 results. BMO Capital analyst Kelly Bania raised the price target to $57 from $41 and kept a Market Perform rating on the shares, implying a 2% downside. The analyst notes that the company's Q4 earnings beat was driven by strong comps,…

Benzinga · Mar 4, 2022

Read How Analysts Reacted To Gap's Q4 Results

Morgan Stanley analyst Kimberly Greenberger noted Gap Inc's (NYSE:GPS) adjusted EPS loss per share of $(0.02) in Q4 beat expectations. But she finds it "difficult to avoid the conclusion that losing money in what should be one of the most profitable quarters every year suggests fundamentals and execution were gravely challenged." Greenberger thinks…

Benzinga · Mar 4, 2022