Latest news with #ChristopherAllen
Globe and Mail
20-07-2025
- Business
- Globe and Mail
Citi Keeps Their Buy Rating on Charles Schwab (SCHW)
In a report released yesterday, Christopher Allen from Citi maintained a Buy rating on Charles Schwab, with a price target of $110.00. The company's shares closed yesterday at $95.80. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Allen covers the Financial sector, focusing on stocks such as Charles Schwab, Interactive Brokers, and LPL Financial. According to TipRanks, Allen has an average return of 28.1% and an 83.00% success rate on recommended stocks. In addition to Citi, Charles Schwab also received a Buy from William Blair's Jeff Schmitt in a report issued yesterday. However, on July 15, Piper Sandler maintained a Hold rating on Charles Schwab (NYSE: SCHW). The company has a one-year high of $97.50 and a one-year low of $61.15. Currently, Charles Schwab has an average volume of 8.05M. Based on the recent corporate insider activity of 126 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SCHW in relation to earlier this year. Last month, Jonathan S Beatty, the MD, Head of Advisor Services of SCHW sold 2,850.00 shares for a total of $249,546.00.
Business Insider
19-07-2025
- Business
- Business Insider
Citi Keeps Their Buy Rating on Charles Schwab (SCHW)
In a report released yesterday, Christopher Allen from Citi maintained a Buy rating on Charles Schwab, with a price target of $110.00. The company's shares closed yesterday at $95.80. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Allen covers the Financial sector, focusing on stocks such as Charles Schwab, Interactive Brokers, and LPL Financial. According to TipRanks, Allen has an average return of 28.1% and an 83.00% success rate on recommended stocks. In addition to Citi, Charles Schwab also received a Buy from William Blair's Jeff Schmitt in a report issued yesterday. However, on July 15, Piper Sandler maintained a Hold rating on Charles Schwab (NYSE: SCHW). The company has a one-year high of $97.50 and a one-year low of $61.15. Currently, Charles Schwab has an average volume of 8.05M. Based on the recent corporate insider activity of 126 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SCHW in relation to earlier this year. Last month, Jonathan S Beatty, the MD, Head of Advisor Services of SCHW sold 2,850.00 shares for a total of $249,546.00.
Daily Mail
18-07-2025
- Daily Mail
Irate man who was 'just having a bad day' kills neighbor over petty squabble
A Las Vegas man who was 'just having a bad day' will now spend the next two decades behind bars for shooting and killing his neighbor over his parking job - and for attempting to kill another man in a similar situation the year before. Robert Salone, now 43, arrived at his home on October 18, 2022 and became infuriated when he saw that his neighbor Christopher 'Dice' Allen's vehicle was partially blocking his driveway, the Las Vegas Review-Journal reports. Allen, 33, had been working on the vehicle with another neighbor at the time - and when Salone yelled at Allen to move the vehicle, he replied that he would do so in a few minutes. But Allen had been holding a tire iron at the time - which seemed to have set off Salone. 'So you got a lug wrench? I'll be right back,' he said before he grabbed two handguns and shot and killed Allen, according to an arrest warrant. Allen then rushed back to his house and called 911 at around 12.40pm, saying he was shot and 'can't feel my legs,' Fox 5 reported at the time. He added in a follow-up call that 'he was dying,' and Allen was pronounced dead by the time first responders arrived at the scene. 'He had no right because he was having a bad day and couldn't control his damn temper to decide "Today I've had enough,"' Allen's mother, Kathryn Carter, lamented as Salone was sentenced on Tuesday, according to KLAS. Allen, 33, had left his car partially blocking Salone's driveway on October 18, 2022 'I can't speak of justice, because for me justice would be getting my son back,' she added. Salone submitted an Alford plea in April to charges of first-degree murder and attempted murder relating to another parking-related shooting the year before, and was required to serve at least 21 years behind bars. An Alford plea does not afford guilt - and only means he admitted that prosecutors had enough evidence to convict him. In the 2021 case, Salone allegedly shot at an unidentified young man who double parked at his apartment complex in Henderson. The victim told police he took up two parking spots at the complex, and when he returned to his car about half an hour later he found another vehicle 'within inches' of his door, according to court documents obtained by KLAS. He was then confronted by a man prosecutors now say was Salone, who began arguing with him about his parking job. As the man left the complex, police said Salone fired three shots at the driver, striking him in the leg. Authorities connected the two shootings following Salone's November 2022 arrest for Allen's murder after running cartridges from the scene of the fatal shooting and Salone's house through a ballistics database, Chief Deputy District Attorney Christopher Hamner explained in court on Tuesday. 'In my career, I've never seen something like this,' he said. 'I've never heard someone who became so enraged about a person, let alone two people, double parking that he would resort to gun violence.' District Court Judge Carli Kierny agreed, saying she doesn't 'understand how... these interactions were even provocations. 'They were slight irritations in the day and his response, twice, was to pull out a gun, harm someone and kill someone to take them from their family. 'I just don't know how Mr. Salone is safe for the world off of supervision,' she said as she handed down her sentence of 21 years to life behind bars. Should the Nevada Parole Board ever grant Salone parole after 21 years, he would remain under the supervision of a probation officer. But at that point, even with credit for time served, Salone would be in his 60s by the time he is released.
Business Insider
09-07-2025
- Business
- Business Insider
Top Analysts Boost Price Targets on Robinhood Stock (HOOD) Despite Its 150% Rally
Robinhood (HOOD) has already soared over 150% this year, but top Wall Street analysts believe the rally may not be over. Notably, a few analysts raised their price targets on HOOD stock yesterday while reaffirming their Buy ratings. A year ago, fewer than 40% of analysts rated HOOD a Buy, but that number has now climbed to over 70%. Still, some skepticism lingers after the stock's sharp rally, which pushed it to a record high last week. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Robinhood offers commission-free trading of stocks, ETFs, options, and cryptocurrencies through its mobile-first platform. Citi Sees More Upside for HOOD, but Keeps a Hold Rating Citi's five-star-rated analyst Christopher Allen doubled his price target on HOOD from $50 to $100 but kept a Hold rating. The adjustment comes ahead of the broker group's Q2 earnings, scheduled for July 30. Citi's new price target implies a 7% upside from current levels, compared to the average analyst estimate, which suggests over 17% downside. Allen noted that the stock market rebound, steady retail trading, and a brighter outlook for capital markets have all supported the brokerage sector. However, Allen kept a cautious stance on HOOD stock. He pointed out that the stock is now trading at a high valuation, around 62x and 48x Citi's projected earnings for 2026 and 2027. As a result, Allen believes most of the future growth is already reflected in the current stock price, making it hard to justify a Buy rating. Other Analysts Weigh In on HOOD Stock Similarly, Goldman Sachs analyst James Yaro also raised his price target on HOOD stock from $91 to $104, suggesting a growth rate of over 11%. Earlier, Goldman pointed to Robinhood's ongoing product rollouts and international expansion as key reasons for a more optimistic view of the company's long-term growth potential. Meanwhile, Barclays reiterated its Buy rating on HOOD stock, keeping its price target stable at $57. Is HOOD a Good Stock to Buy? According to TipRanks' consensus, HOOD stock has a Moderate Buy rating, based on 14 Buys, five Holds, and one Sell assigned in the last three months. The Robinhood Markets share price target of $77.47 implies a 17.1% downside over current trading levels.
Business Insider
08-07-2025
- Business
- Business Insider
Top Analysts Raise the Bar on Robinhood Stock (HOOD) Even After a 150% Surge
Robinhood (HOOD) has already soared over 150% this year, but top Wall Street analysts believe the rally may not be over. Notably, a few analysts raised their price targets on HOOD stock yesterday while reaffirming their Buy ratings. A year ago, fewer than 40% of analysts rated HOOD a Buy, but that number has now climbed to over 70%. Still, some skepticism lingers after the stock's sharp rally, which pushed it to a record high last week. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Robinhood offers commission-free trading of stocks, ETFs, options, and cryptocurrencies through its mobile-first platform. Citi Sees More Upside for HOOD, but Keeps a Hold Rating Citi's five-star-rated analyst Christopher Allen doubled his price target on HOOD from $50 to $100 but kept a Hold rating. The adjustment comes ahead of the broker group's Q2 earnings, scheduled for July 30. Citi's new price target implies a 7% upside from current levels, compared to the average analyst estimate, which suggests over 17% downside. Allen noted that the stock market rebound, steady retail trading, and a brighter outlook for capital markets have all supported the brokerage sector. However, Allen kept a cautious stance on HOOD stock. He pointed out that the stock is now trading at a high valuation, around 62x and 48x Citi's projected earnings for 2026 and 2027. As a result, Allen believes most of the future growth is already reflected in the current stock price, making it hard to justify a Buy rating. Other Analysts Weigh In on HOOD Stock Similarly, Goldman Sachs analyst James Yaro also raised his price target on HOOD stock from $91 to $104, suggesting a growth rate of over 11%. Earlier, Goldman pointed to Robinhood's ongoing product rollouts and international expansion as key reasons for a more optimistic view of the company's long-term growth potential. Meanwhile, Barclays reiterated its Buy rating on HOOD stock, keeping its price target stable at $57. According to TipRanks' consensus, HOOD stock has a Moderate Buy rating, based on 14 Buys, five Holds, and one Sell assigned in the last three months. The Robinhood Markets share price target of $77.47 implies a 17.1% downside over current trading levels.
