trending Market Intelligence /marketintelligence/en/news-insights/trending/udzbczc3otb0FIEpEKcCBA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Janney downgrades TCF Financial on valuation

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive


Janney downgrades TCF Financial on valuation

Downgrade

Janney Montgomery Scott analyst John Rodis downgraded Detroit-based TCF Financial Corp. on valuation.

The company's shares are up about 20% quarter-to-date, outperforming its peers, which are only up about 9%, according to the analyst. Rodis expects a smooth transition following the announcement that the company's CFO will step down on Oct. 1, 2020.

The analyst downgraded the company's stock rating to "neutral" from "buy" and raised the fair value estimate to $49 from $46. His EPS estimates remained unchanged at $2.89 for 2019 and $4.01 for 2020.