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Mid-Morning Market Update: Markets Rise; Lennox Beats Q1 Views

Mid-Morning Market Update: Markets Rise; Lennox Beats Q1 Views
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United Bankshares (UBSI) Receives a Buy from Raymond James

Markets Raymond James analyst William Wallace maintained a Buy rating on United Bankshares (UBSI – Research Report) today. The company’s shares closed last Friday at $39.67, close to its 52-week high of $41.61. According to TipRanks.com, Wallace is a 5-star analyst with an average return of 26.8% and a 73.5% success rate. Wallace covers the Financial sector, focusing on stocks such as American National Bankshares, Atlantic Capital Bancshares, and Meridian Interstate Bancorp. The the analyst consensus on United Bankshares is currently a Moderate Buy rating. Based on United Bankshares’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $282 million and net profit of $92.37 million. In comparison, last year the company earned revenue of $178 million and had a net profit of $63.29 million.

Wall Street Analysts Are Bullish on Top Financial Picks

Markets There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on TCF Financial (TCF – Research Report), Alpine Income Property Trust Inc (PINE – Research Report) and Regions Financial (RF – Research Report) with bullish sentiments. TCF Financial (TCF) Raymond James analyst David Long reiterated a Buy rating on TCF Financial today and set a price target of $54.00. The company’s shares closed last Friday at $44.38. According to TipRanks.com, Long is a 3-star analyst with an average return of 2.7% and a 38.3% success rate. Long covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Enterprise Financial Services, and Old National Bancorp Capital.

Analysts Conflicted on These Financial Names: Argo Group International Holdings (NYSE: ARGO), Texas Capital Bancshares (NASDAQ: TCBI) and SEI Investments Company (NASDAQ: SEIC)

Markets Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Argo Group International Holdings (ARGO – Research Report), Texas Capital Bancshares (TCBI – Research Report) and SEI Investments Company (SEIC – Research Report). Argo Group International Holdings (ARGO) Raymond James analyst Charles Peters reiterated a Buy rating on Argo Group International Holdings today and set a price target of $60.00. The company’s shares closed last Wednesday at $54.60, close to its 52-week high of $55.24. According to TipRanks.com, Peters is a 5-star analyst with an average return of 11.4% and a 70.3% success rate. Peters covers the Financial sector, focusing on stocks such as American Equity Investment Life, Hallmark Financial Services, and Old Republic International.

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