Td Enters into North American Data-Access Agreement with Intuit
Truist analyst Scot Ciccarelli began reporting on original parts with a sustaining rating and price target of $142. The analyst believes that recent drivers of auto parts, including increased use of personal vehicles, suburban/rural migration and rising vehicle prices, will continue, and believes the company`s industrial distribution business has upside potential. However, Ciccarelli noted that the company`s weaker/less consistent growth in auto parts keeps it cautious. « We are pleased to announce our first data access agreement for api-based connectivity with a Canadian financial institution, » said Chad A. Wiechers, Senior Vice President of Data Acquisition and Strategy, Envestnet | Yodlee. « Our relationship with TD is critical to enabling customers to make informed financial decisions while enjoying better connectivity and security for their accounts. » Michael Lapides, an analyst at Goldman Sachs, raised WEC Energy from SELL to neutral with a price target of $99. The analyst points to the company`s « significant underperformance of the share price » over the past year, while increasing its expected future earnings multiple by 20 to 22 times. WEC Energy faces a year of falling interest rates in its Wisconsin jurisdictions in 2022, but it sees only modest risk given the historical precedent of fairly favorable payout case procedures, Lapides told investors in a research note. Among the well-known companies that are posting a earnings consensus ahead of tomorrow`s opening are Delta Air Lines (DAL), Consensus 13c. Brent Thill, an analyst at Jefferies, maintains his hold rating and $120 price target for Elastic, saying that while he remains constructive about the company`s fundamental opportunity, the timing of the management changes announced today just two weeks before the quarter « is worth watching. » Thill adds that with 8 times the expected revenue for 2023, Elastic`s risk-return ratio is balanced given the short-term disruption. Goldman Sachs analyst Michael Lapides downgraded Dominion`s rating from Neutral to Sell with a price target of $72. The analyst said the downgrade is largely a relative valuation call, although he also sees potential risks over the next 1-3 years, although those whose timelines are difficult to predict.
« As co-founders of FDX, we strive to provide consumers and businesses with the best financial solutions to help them meet their individual needs, » said Rajneesh Gupta, Vice President, Financial Institutions, Intuit. « We are excited to partner with TD, which shares this common interest with us, and we support their efforts to implement an API-based technology infrastructure to give their customers more control over their financial data. » The Toronto-Dominion Bank and its subsidiaries are collectively referred to as TD Bank Group (« TD » or the « Bank »). TD is the sixth largest bank in North America by branch, serving more than 26 million customers in three key business units operating in a number of locations in financial centres around the world: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investments and TD Insurance; U.S. retail, including TD Bank, the most convenient bank® in the U.S., TD auto finance in the U.S., TD wealth (U.S.) and an investment in TD Ameritrade; and wholesale banking, including TD Securities. TD is also one of the world`s leading online financial services companies, with more than 14 million active online and mobile customers. TD had C$1.7 trillion in assets as at July 31, 2020. The Toronto-Dominion Bank trades under the symbol « TD » on the Toronto Stock Exchange and the New York Stock Exchange. Nathan Rich, an analyst at Goldman Sachs, maintains its sell rating and price target of $19 for Covetrus after the company gave a outlook for fiscal 22 during its presentation at the JPMorgan conference today. The adjusted EBITDA guidance of $270 million to $280 million is in line with last quarter`s comments calling for double-digit EBITDA growth and exceeded its estimate of $262 million, but it is driven by stable enterprise costs, the analyst told investors in a research note, Adding that rx management`s forecast for revenue growth of 20% against a consensus of 22% of investors looking for a stronger recovery can be considered disappointing. View original content to download multimedia content:www.prnewswire.com/news-releases/td-bank-group-and-envestnet–yodlee-enter-into-north-american-data-access-agreement-301381512.html « We know that more than ever, our customers are interacting with us through digital channels and we are focused on meeting their needs, no matter how they choose the bank, » said Franklin Garrigues, vice president, Digital Channels, TD.
« This agreement supports our goal to provide our customers with a secure and reliable experience when accessing digital services located outside their bank. » Intuit`s mission is to promote prosperity around the world. We are a global financial platform company with products such as TurboTax, QuickBooks, Mint and Turbo designed to enable consumers, the self-employed and small businesses to improve their financial lives. Our platform and products help customers make more money with as little work as possible, while giving them complete confidence in their actions and decisions. Our innovative ecosystem of financial management solutions serves approximately 50 million customers worldwide. Please visit us for the latest news and detailed information about Intuit and its brands and find us on social media. Goldman Sachs analyst Michael Lapides downgraded CenterPoint Energy`s rating from Buy to Neutral by $30 with a price target of $31. The analyst said the downgrade followed the stock`s relative outperformance in 2021. Lapides added that while he continues to view the company`s EPS growth positively, continued multiple expansion largely depends on consistent implementation over time, as short-term catalysts are limited. Envestnet refers to the family of operating subsidiaries of publicly traded holding company Envestnet, Inc. (NYSE: ENV). Envestnet is changing the way financial advice and wellness is delivered.
Our mission is to equip advisors and financial service providers with innovative technologies, solutions and intelligence to make financial well-being a reality for all. Nearly 108,000 consultants and more than 6,000 companies, including: 17 of the 20 largest U.S. companies. Banks, 46 of the top 50 wealth management and brokerage firms, more than 500 of the largest RIAs and hundreds of fintech companies use Envestnet`s technology and services to help achieve better outcomes for businesses, advisors and their clients. Adagio Therapeutics summarized the latest findings in three separate publications showing that ADG20, its main monoclonal antibody mAb, has neutralizing activity against the omicronic variant of SARS-CoV-2 and described initiatives to treat current and future variants of SARS-CoV-2. Adagio is evaluating ADG20 in its global Phase 2/3 clinical trials for the prevention and treatment of COVID-19. Adagio is working with the U.S. Food and Drug Administration, FDA, on possible protocol updates for its global Phase 2/3 clinical trials, including an increased dose of ADG20 for the potential prevention and treatment of COVID-19 due to the omicron variant. Recently published in vitro studies investigated the neutralization potentials of large mAb panels against the omicron variant in authentic and pseudovirus tests. The results of the three studies show that among mAbs at the end of clinical development or with emergency use authorization, EUA, ADG20 is one of the few mAbs to have shown neutralizing activity against omicron. Through two different authentic neutralization tests against omicron, the data show that ADG20 had an IC50, a measure of neutralization power, of about 0.4 to 1.1 micrograms/ml, which is comparable to the other two active mAbs, sotrovimab and AZD7742.
In addition to clinical trial updates, Adagio is pursuing several strategies to treat both omicron and potential future variants that may arise. The North American agreement means coordination between TD and Intuit on the protocols that must be followed by Intuit when accessing a TD customer`s financial data to support the customer`s request to use Intuit-supported financial services. At Customer`s request, TD transmits Customer`s financial data to Intuit using a technology known as application programming interfaces (APIs), which can ultimately eliminate the need for customers to share their bank login or password to access third-party financial products and services. Q1 has an average selling price of $472,000. Fiscal year 22 projects an average retail price of $480,000 to $490,000. . . .