11:00 AM EDT, 05/05/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We trim our target price to USD100 (from USD108), applying a 12.5x P/E to our unchanged 2026 EPADS forecast. This slight moderation from our previous 13.5x multiple reflects a higher near-term risk premium to account for the uncertainty introduced by the one-off credit and geopolitical provisions. We maintain our 4-STARS (Buy) recommendation and view the negative market reaction to Q1 results as an opportunity. We believe the market over-penalized the stock for headline 'noise' from large, specific provisions, while overlooking the underlying strength of business, which was validated by 18.7% adjusted RoTE, exceptional momentum in the Wealth franchise (USD39B net new money), upgraded NII guidance to ~USD46 billion, and a clearer path to resuming share buybacks. While we maintain our 2026 EPS forecast at USD1.60, we raise our 2027 EPS to USD1.80, underscoring our confidence that the fundamental earnings power of the franchise will continue to grow.