
Jefferies Miami Wealth Adviser Banned From Industry Amid Probe
The Financial Industry Regulatory Authority permanently barred Nicholas Coubrough from associating with any regulated firm after he refused to provide Finra with information it had requested, filings dated June 30 show. The watchdog was probing a 'regulatory tip' and the allegations linked to his departure that Jefferies had disclosed.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
No Guidance, No Call: Guggenheim Downgrades Informatica (INFA) Post–Q2 Results
Informatica Inc. (NYSE:INFA) is one of the . On August 7, Guggenheim analyst Howard Ma downgraded the stock from Buy to Neutral. The downgrade follows Informatica's second-quarter results, particularly due to the pending acquisition by Salesforce. The firm said that Informatica will not be hosting an earnings conference call to discuss the quarterly results. It has also declined to provide financial guidance. 'Informatica reported 2Q25 results that were above consensus expectations across the board. In light of the pending transaction with Salesforce (which the company expects to close in Salesforce's early FY27), Informatica will not be hosting an earnings conference call to review the 2Q results or providing financial guidance. We're downgrading INFA shares to Neutral from Buy, reflecting the acquisition price of $25/share. Our last published price target was $27.' Informatica is a leader in enterprise AI-powered cloud data management. While we acknowledge the potential of INFA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 minutes ago
- Yahoo
DA Davidson Initiates Neutral Rating on Appian (APPN) After Earnings Beat
Appian Corporation (NASDAQ:APPN) is one of the . On August 8, DA Davidson analyst Gil Luria assumed coverage on the stock following the company's second-quarter 2025 earnings results. It has a Neutral rating and a price target of $30.00. Appian's Q2 2025 performance beat expectations on both revenue and earnings, with results remarkably above the company's guidance. 'We are assuming coverage of Appian with a NEUTRAL rating and a price target of $30 following 2Q25 earnings that beat expectations on the top and bottom line with results significantly above guidance.' The firm highlighted two factors driving significant increase to its full-year guidance. A financial analyst looking at the news, analyzing the trends of the insurance market. 'New business demand and a larger pipeline drove a material increase to the full-year guide, as management noted AI is having a tangible impact on results helping them realize higher prices and build momentum on the high end of the market.' Appian Corporation (NASDAQ:APPN) provides an automation platform that helps businesses design, automate, and optimize processes using AI, process mining, and data integration. While we acknowledge the potential of APPN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 minutes ago
- Yahoo
Fortinet (FTNT) Price Target Cut to $90 as UBS Warns of Low Double-Digit Growth Ahead
Fortinet, Inc. (NASDAQ:FTNT) is one of the . On August 6, UBS analyst Fatima Boolani lowered the price target on the stock to $90.00 (from $105.00) while maintaining a Neutral rating. The rating affirmation comes after Fortinet's second-quarter results. '2Q results looked decent, with billings/revenue 3%/2% ahead of consensus, 33% OpM (32% guide), and strong service billings growth of 17%.' Despite the positive results, the firm noted that Fortinet cut its second-half services revenue guidance by $50 million. It also revised down its assumptions for the 2026 End of Service Life refresh opportunity. A financial analyst pointing to a graph showing the MSCI EAFE Index market performance. Expected growth in the fourth quarter looks weaker than before, and the firm sees a tougher setup going into CY26. '2Q results now leave investors grappling with implied 4Q guidance for 11% billings growth in 4Q (below the company's 12% 3-5yr CAGR outlook) and ~13% service revenue growth (down from 20% in CY24). We now see a tougher setup into CY26, where success with newer products (SASE, SecOps, etc) will need to contribute more materially.' The stock seems fairly priced for a company with low double-digit growth, the firm stated, choosing to remain on the sidelines. 'While we continue to model 10% billings growth in CY26, we expect prior consensus for 12% y/y likely needs to come down. We'd argue that at 21x EV/FCF, shares appear more reasonable for what now appears to be a LDD growth story but come away with more questions than answers around CY26 and remain on the sidelines.' Fortinet, Inc. (NASDAQ:FTNT), a cybersecurity company, provides enterprise-level next-generation firewalls and network security solutions, leveraging artificial intelligence across its cybersecurity products. While we acknowledge the potential of FTNT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data