As reported earlier, SunTrust analyst Jennifer Demba downgraded Ameris Bancorp (ABCB) to Hold from Buy and kept her $60 price target, saying she now reserves a bullish rating for banks with near-term catalysts such as outsized asset sensitivity and restructuring that offer upside earnings potential
. The analyst cites greater loan/deposit competition, bottoming non-performing loans, and accelerating de novo formation for a more cautious view toward the sector.
"We still believe that the bank has a lower earnings potential
than its competitors and that, despite some macroeconomic stabilisation, there are still many challenges for the bank," the brokerage said.
KeyCorp's earnings potential
over the next several quarters will likely be hurt by higher credit costs, a higher tax rate and net interest margin compression, given the competitive Midwestern environment, analysts said.
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Due to current developments, Daimler AG has made a new assessment of the earnings potential
for the year 2018.
During the due diligence phase issues emerged which brought into question whether the potential risks related to the acquisition were proportionate to its relative scope and earnings potential
, according to the company.
How Simmons positions his company will help determine the growth rate and future earnings potential
investors are likely to expect from Rush.
Chen also said it is "not clear" why Perrigo took ProAir out of its guidance now, but thinks the Street can finally refocus on fundamentals, driving greater appreciation for the company's growth prospects and earnings potential
Yomi expected its results to turn positive in the second half of the year due to the improving earnings potential
of IT Operations and the stable development of Telecom Operations.