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Intriguing FINRA Enforcement Action In the Bond Market: More to Come? | Arent Fox
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SVB Financial Group (NASDAQ:SIVB) - Recap: SVB Finl Gr Q2 Earnings
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Markets
In a report released yesterday, Chris Kotowski from Oppenheimer assigned a Hold rating to Svb Financial Group (SIVB – Research Report). The company’s shares closed last Thursday at $518.99, close to its 52-week high of $577.06.
According to TipRanks.com, Kotowski is a 5-star analyst with an average return of 17.2% and a 67.9% success rate. Kotowski covers the Financial sector, focusing on stocks such as Apollo Global Management, Focus Financial Partners, and JPMorgan Chase & Co.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Svb Financial Group with a $560.67 average price target, a 5.4% upside from current levels. In a report issued on April 7, Barclays also maintained a Hold rating on the stock with a $550.00 price target.
Company s 52-week low was at $152.76
Price action over last quarter: Up 8.09%
Company Description
SVB Financial Group provides loans and ancillary financial services to startups, private equity, and venture capital firms. The bank has four segments: Global Commercial Bank, SVB Private Bank, SVB Capital, and SVB Leerink. In addition to providing loans to venture-capital-backed startups, the company invests in private equity and venture capital funds of funds. The bank operates throughout the United States and maintains offices in the United Kingdom, Israel, China, and India.
Wilton Resident Kenneth Bernheim Joins Norwalk Community College Board of Directors Written by Norwalk Community College Foundation
The Norwalk Community College Foundation is pleased to welcome to its Board of Directors Kenneth Bernheim of Wilton, a Senior Vice President and Enterprise Relationship Specialist at Bank of America.
“Our Board of Directors is comprised of a dedicated team of community leaders committed to supporting student success at Norwalk Community College,” said Carrie Bernier, Executive Director of the NCC Foundation. “We are excited to welcome Kenneth. Our board is pivotal in furthering the Foundation’s mission to support NCC. As we look to the post-pandemic recovery for our community, the NCC Foundation is at the forefront of creating programs to retrain displaced workers and provide high quality, accessible and affordable college education to sustain a productive workforce that is ready to lead us in the next phase of growth in Fairf
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