NEW YORK (TheStreet) -- Bank of Nova Scotia shares are down -0.23% to $65.97 on Wednesday after being downgraded to "neutral" from "outperform" by analysts at Credit Suisse . Separately, analyst at TD Securities downgraded the stock to "buy" from its "action buy list". Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The downgrades were issued despite the bank's second quarter earnings beat. Yesterday the company reported earnings of $1.70 per diluted share, 41 cents higher than analysts were expecting, on revenue ofa$6.49 billion that was ahead of analystsa$5.92 billion estimates. BNS data by YCharts EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.
Click to view a price quote on BNS. Click to research the Banking industry.
from Latest TSC Headlines http://ift.tt/1wCO9KV
No comments:
Post a Comment