Silvergate Capital (SI) March weekly option implied volatility at 157, March at 177
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- Wall St slips as higher Treasury yields weigh on sentiment
- Oil pares losses as market weighs Saudi supply concerns, Middle East tensions
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Silvergate (SI) downgraded at KBW as share volatility continues
March 1, 2023 1:26 PM ESTKeefe, Bruyette & Woods (KBW) downgraded Silvergate Capital Corporation (NYSE: SI) to a Market Perform rating (From Outperform) and cut the price target on the stock to $16.00 (From $25.00) as the companys shares continue to be volatile in the wake of the deleveraging of the crypto industry and FTX bankruptcy fall-out.
Analyst Michael Perito wrote in a note, As SI's shares have fallen, we have defended the bank's management, operating platform, role within FTX's platform, and strength of their... More
