Morgan Stanley downgraded SVB Financial Group from Overweight to Equal-Weight and set a new price target of $351.00 from $493.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/10/2023 | Outperform → Mkt Perform | Raymond James | |
| 3/10/2023 | $174.00 → $100.00 | Buy → Hold | Truist |
| 3/10/2023 | Outperform → Peer Perform | Wolfe Research | |
| 12/5/2022 | $253.00 → $186.00 | Equal-Weight → Underweight | Morgan Stanley |
| 10/21/2022 | $400.00 → $265.00 | Overweight → Neutral | Piper Sandler |
| 10/21/2022 | Buy → Neutral | Janney | |
| 10/5/2022 | $493.00 → $351.00 | Overweight → Equal-Weight | Morgan Stanley |
| 9/12/2022 | Outperform → Perform | Oppenheimer |
3 - SVB FINANCIAL GROUP (0000719739) (Issuer)
3 - SVB FINANCIAL GROUP (0000719739) (Issuer)
4 - SVB FINANCIAL GROUP (0000719739) (Issuer)
13F-HR - SVB FINANCIAL GROUP (0000719739) (Filer)
8-K - SVB FINANCIAL GROUP (0000719739) (Filer)
8-K - SVB FINANCIAL GROUP (0000719739) (Filer)
SANTA CLARA, Calif., March 20, 2023 /PRNewswire/ -- SVB Financial Group ("the Company") (NASDAQ:SIVB) today announced that it has filed a number of "First Day Motions" seeking authorization from the United States Bankruptcy Court for the Southern District of New York to support the continued operations of the Company's SVB Capital and SVB Securities businesses and preserve value for the benefit of stakeholders. These motions seek court authorization, among other things, to provide for the continued separation of these business operations from Silicon Valley Bridge Bank, N.A., ensure access to cash, enable cash management systems, and protect valuable tax attributes.
SVB Securities and SVB Capital's Funds and General Partner Entities NOT Included in Chapter 11 Filing Strategic Alternatives Process for SVB Capital and SVB Securities Operations Underway with Significant Interest SANTA CLARA, Calif., March 17, 2023 /PRNewswire/ -- SVB Financial Group ("the Company") (NASDAQ:SIVB) today announced that it has filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of New York to preserve value. SVB Securities and SVB Capital's funds and general partner ent
Operations Continuing at SVB Capital and SVB Securities SANTA CLARA, Calif., March 13, 2023 /PRNewswire/ -- SVB Financial Group ("SVBFG") (NASDAQ: SIVB) announced today that its Board of Directors has appointed a restructuring committee consisting of five independent directors to explore strategic alternatives for the holding company and its SVB Capital and SVB Securities businesses, as well as its other assets and investments. Both of these businesses are separate divisions of SVBFG and not part of Silicon Valley Bank, which is undergoing resolution under the jurisdiction of the Federal Deposit Insurance Corporation ("FDIC") and Federal Reserve.