Trump's 'narrow election win' poses big risk for corporate tax cuts: Piper Sandler [Yahoo! Finance]
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
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Source: Yahoo! Finance
kept stocks on the up and up, but Piper Sandler is skeptical and believes Trump's narrow win and thin Republican margins in Congress will muddy path to pass major legislation including corporate tax cuts. "Trump is an unpopular, lame duck president who won a narrow election against a weak opponent and has thin margins in Congress. Investors should not get carried away with what he can move through Congress," analysts at Piper Sandler said. Trump's comeback victory, while remarkable, represents a "narrow election win along the lines of what George W. Bush and Barack Obama won in their reelection bids," they added. Bush won 50.7% to John Kerry's 48.3% and garnered 286 electoral votes in 2004. While Obama won 51.0% to Mitt Romney's 47.2% in 2012 and scooped up 332 electoral votes. Trump currently has 50.8% of the vote to Harris' 47.5% and that lead "will shrink as more votes are counted in California," the analysts said. The analysts cautioned investors against drawing overly o
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PIPR
Earnings
- 10/25/24 - Beat
PIPR
Sec Filings
- 11/8/24 - Form 4
- 11/8/24 - Form 4
- 11/7/24 - Form 144
- PIPR's page on the SEC website