Marriott (NYSE: MAR), Ross Stores, Inc. (NASDAQ: ROST), Illumina, Inc. (NASDAQ: ILMN) and GLG Life Tech Corp (NASDAQ: GLGL) had price targets and ratings changed.
Jefferies (NYSE:JEF) reiterated its "Buy" rating on Marriott (MAR). They have a price target of $35.00 on the company.
Ross Stores, Inc. (ROST) had its price target raised by Avondale Partners from $80.00 to $90.00. They have an “Outperform” rating on the company.
Illumina, Inc. (ILMN) had its price target lowered by RBC Capital from $72.00 to $29.00. They have a “Sector Perform” rating on the company.
GLG Life Tech Corp. (GLGL) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating. They have a price target of $2.00 on the company, down from $7.50.
Showing posts with label Jefferies and Company. Show all posts
Showing posts with label Jefferies and Company. Show all posts
Friday, October 7, 2011
Thursday, September 22, 2011
Rockwell (ROK) (DFS) (RIMM) (DISH) (PNM) (EIX) Price Targets Changed
Rockwell Automation Inc (NYSE: ROK), Discover Financial Services (NYSE: DFS), Research In Motion (NASDAQ: RIMM), DISH (NASDAQ: DISH), PNM Resources, Inc. (NYSE: PNM) and Edison International (NYSE: EIX) had their price targets adjusted by analysts.
Rockwell Automation Inc. (ROK) had its price target lowered by Longbow Research from $95.00 to $80.00. They have a “Buy” rating on the company.
Discover Financial Services (DFS) had its price target raised by RBC Capital from $30.00 to $33.00. They have a “Top Pick” rating on the company.
Research In Motion (RIMM) had its price target lowered by Jefferies (NYSE:JEF) to $21.00. They have an “Underperform” rating on the company.
DISH (DISH) had its price target raised by Brean Murray from $35.00 to $38.00. They have a “Buy” rating on the company.
PNM Resources, Inc. (PNM) had its price target raised by Jefferies to $17.00.
Edison International (EIX) had its price target raised by Goldman Sachs (NYSE:GS) to $41.00.
Rockwell Automation Inc. (ROK) had its price target lowered by Longbow Research from $95.00 to $80.00. They have a “Buy” rating on the company.
Discover Financial Services (DFS) had its price target raised by RBC Capital from $30.00 to $33.00. They have a “Top Pick” rating on the company.
Research In Motion (RIMM) had its price target lowered by Jefferies (NYSE:JEF) to $21.00. They have an “Underperform” rating on the company.
DISH (DISH) had its price target raised by Brean Murray from $35.00 to $38.00. They have a “Buy” rating on the company.
PNM Resources, Inc. (PNM) had its price target raised by Jefferies to $17.00.
Edison International (EIX) had its price target raised by Goldman Sachs (NYSE:GS) to $41.00.
Thursday, June 2, 2011
Ratings on (ACI) (BIIB) (COO) (CSCO) (EXAC) Reiterated
Ratings on Arch Coal, Inc. (NYSE: ACI), Biogen Idec Inc. (NASDAQ: BIIB), The Cooper Companies, Inc. (NYSE: COO), Cisco Systems, Inc. (NASDAQ: CSCO) and Exactech, Inc. (NASDAQ: EXAC) were reiterated by analysts.
JPMorgan Chase & Co. (NYSE:JPM) reiterated an “overweight” rating on Arch Coal, Inc. (ACI).
Jefferies (NYSE:JEF) reiterated a “buy” rating on Biogen Idec Inc. (BIIB).
Morgan Keegan reiterated an “outperform” rating on The Cooper Companies, Inc. (COO).
Oppenheimer reiterated an “outperform” rating on Cisco Systems, Inc. (CSCO).
Duncan Williams reiterated a “buy” rating on Exactech, Inc. (EXAC).
JPMorgan Chase & Co. (NYSE:JPM) reiterated an “overweight” rating on Arch Coal, Inc. (ACI).
Jefferies (NYSE:JEF) reiterated a “buy” rating on Biogen Idec Inc. (BIIB).
Morgan Keegan reiterated an “outperform” rating on The Cooper Companies, Inc. (COO).
Oppenheimer reiterated an “outperform” rating on Cisco Systems, Inc. (CSCO).
Duncan Williams reiterated a “buy” rating on Exactech, Inc. (EXAC).
Thursday, May 26, 2011
Ratings Updates for (CVX) (PTR) (STP) (GPRO) (AWR) from Analysts
Analysts made several changes or updates on ratings and price targets for Chevron (NYSE: CVX), Petrochina (NYSE: PTR), Suntech Power (NYSE: STP), Gen-Probe Incorporated (NASDAQ: GPRO) and American States Water Company (NYSE: AWR) today.
Jefferies (NYSE:JEF) reiterated a “buy” rating on shares of Chevron (NYSE: CVX).
Jefferies initiated coverage on Petrochina (NYSE: PTR). They placed a “buy” rating on the company.
Ardour Capital cut their price target on Suntech Power (NYSE: STP) from $10.00 to $7.50. They have a “hold” rating on the company.
JPMorgan Chase & Co. (NYSE:JPM) downgraded Gen-Probe Incorporated (NASDAQ: GPRO) from an “overweight” rating to a “neutral” rating. They have a price target of $85.00 on the company.
Ladenburg Thalmann initiated coverage on American States Water Company (NYSE: AWR). They placed a “buy” rating and a price target of $38.00 on the company.
Jefferies (NYSE:JEF) reiterated a “buy” rating on shares of Chevron (NYSE: CVX).
Jefferies initiated coverage on Petrochina (NYSE: PTR). They placed a “buy” rating on the company.
Ardour Capital cut their price target on Suntech Power (NYSE: STP) from $10.00 to $7.50. They have a “hold” rating on the company.
JPMorgan Chase & Co. (NYSE:JPM) downgraded Gen-Probe Incorporated (NASDAQ: GPRO) from an “overweight” rating to a “neutral” rating. They have a price target of $85.00 on the company.
Ladenburg Thalmann initiated coverage on American States Water Company (NYSE: AWR). They placed a “buy” rating and a price target of $38.00 on the company.
Monday, October 18, 2010
El Paso Electric (NYSE:EE) Price Target and EPS Estimate Raised by Jefferies
Jefferies increased their price target on El Paso Electric (NYSE:EE) while raising their earnings per share estimate for 2010-2011, citing rate increases.
The company said, "We view El Paso Electric as a low-risk electric utility with above average earnings growth. The expected improvement in earnings will be driven by rate increases in both jurisdictions during 2010-2011."
Earnings per share estimates for the third quarter were increased from $0.15 to $0.90 and 2010 EPS from $0.05 to $1.90.
The price target on El Paso Electric was raised from $26 to $29.
El Paso closed Friday at $24.66, gaining $0.08, or 0.33 percent.
The company said, "We view El Paso Electric as a low-risk electric utility with above average earnings growth. The expected improvement in earnings will be driven by rate increases in both jurisdictions during 2010-2011."
Earnings per share estimates for the third quarter were increased from $0.15 to $0.90 and 2010 EPS from $0.05 to $1.90.
The price target on El Paso Electric was raised from $26 to $29.
El Paso closed Friday at $24.66, gaining $0.08, or 0.33 percent.
Friday, October 15, 2010
NSTAR (NYSE:NST) Should Be Low Through 2012
NSTAR (NYSE:NST), which serves the energy needs of Massachusetts, has a electric rate agreement in place through 2012, which should reduce regulatory risk for the energy company.
Consequently, while leaving their "Hold" rating in place, Jefferies raised their price target on NSTAR from $36.50 to $38 a share.
Jefferies said, "We view NSTAR as a well-managed, low-risk transmission and distribution utility with above-average dividend growth potential. An
electric rate agreement, implemented in 2006, should reduce regulatory risk through 2012."
NSTAR closed Thursday at $39.11, gaining $0.05, or 0.13 percent.
Consequently, while leaving their "Hold" rating in place, Jefferies raised their price target on NSTAR from $36.50 to $38 a share.
Jefferies said, "We view NSTAR as a well-managed, low-risk transmission and distribution utility with above-average dividend growth potential. An
electric rate agreement, implemented in 2006, should reduce regulatory risk through 2012."
NSTAR closed Thursday at $39.11, gaining $0.05, or 0.13 percent.
Friday, October 1, 2010
First Solar (Nasdaq:FSLR), Trina Solar (NYSE:TSL), Suntech (NYSE:STP),
Jefferies has given the solar industry a lot of love, raising the price
targets on First Solar (Nasdaq:FSLR), Trina Solar (NYSE:TSL), Suntech (NYSE:STP), JA Solar (Nasdaq:JASO), Yingli Green Energy (NYSE:YGE), Solarfun Power Holdings (Nasdaq:SOLF) and SunPower Corporation(Nasdaq:SPWRA).
The bump up in price targets for all the companies came from a trip the recently took in Asia and Europe, where they based the upwardly revised share prices on higher ASPs for every company.
First Solar's price target was raised from $142 to $160; JA Solar from $10 to $14, a 40 percent increase; Solarfun from $14 to $17, with a "Buy" maintained; SunPower from $13 to $15, reiterating a "Hold" on them; Suntech was raised from $10 to $11, maintaining a "Hold" on the company; Trina Solar was upped from $38 to $42, retaining a "Buy" rating; and Yingli Green Energy was increased from $17 to $20, also having a "Buy" maintained on the company.
Some analysts have questioned some companies in the sector, based on valuations and the sustainability of growth in some regions of the world; one of them being Germany.
targets on First Solar (Nasdaq:FSLR), Trina Solar (NYSE:TSL), Suntech (NYSE:STP), JA Solar (Nasdaq:JASO), Yingli Green Energy (NYSE:YGE), Solarfun Power Holdings (Nasdaq:SOLF) and SunPower Corporation(Nasdaq:SPWRA).
The bump up in price targets for all the companies came from a trip the recently took in Asia and Europe, where they based the upwardly revised share prices on higher ASPs for every company.
First Solar's price target was raised from $142 to $160; JA Solar from $10 to $14, a 40 percent increase; Solarfun from $14 to $17, with a "Buy" maintained; SunPower from $13 to $15, reiterating a "Hold" on them; Suntech was raised from $10 to $11, maintaining a "Hold" on the company; Trina Solar was upped from $38 to $42, retaining a "Buy" rating; and Yingli Green Energy was increased from $17 to $20, also having a "Buy" maintained on the company.
Some analysts have questioned some companies in the sector, based on valuations and the sustainability of growth in some regions of the world; one of them being Germany.
Wednesday, September 29, 2010
Bucyrus (Nasdaq:BUCY), Joy Global (Nasdaq:JOYG) Price Targets Raised by Jefferies
Bucyrus International Inc. (Nasdaq:BUCY) and Joy Global, Inc. (Nasdaq:JOYG) had the price target on them raised by Jefferies visiting and investigating their facilities in Wisconsin, and meeting with management.
The price target on Bucyrus, which Jefferies has at a "Buy," was raised from $70 to $80. Bucyrus closed at $71.37, down $0.23, or 0.32 percent.
Joy Global, Inc. had their price target raised from $65 to $74, and have a "Hold" on them by Jefferies. Joy closed Tuesday at $70.71, down $0.10, or 0.14 percent.
Other Wisconsin companies didn't fare quite so well with Jefferies, and they maintained their price target on Regal Beloit Corporation (NYSE:RBC) at $64, and lowered Oshkosh Corporation's (NYSE:OSK) price target from $36 to $30. Both the companies have a "Hold" on them.
The price target on Bucyrus, which Jefferies has at a "Buy," was raised from $70 to $80. Bucyrus closed at $71.37, down $0.23, or 0.32 percent.
Joy Global, Inc. had their price target raised from $65 to $74, and have a "Hold" on them by Jefferies. Joy closed Tuesday at $70.71, down $0.10, or 0.14 percent.
Other Wisconsin companies didn't fare quite so well with Jefferies, and they maintained their price target on Regal Beloit Corporation (NYSE:RBC) at $64, and lowered Oshkosh Corporation's (NYSE:OSK) price target from $36 to $30. Both the companies have a "Hold" on them.
Tuesday, August 31, 2010
Jefferies & Co. Increases Fluor's (NYSE:FLR) Price Target
Jefferies & Co. were so impressed with a meeting they had with Fluor Corporation (NYSE:FLR) recently they increased their price target to $60 a share, and has a "Buy" rating on the stock.
Jefferies said in a note to clients, "Fluor should benefit from its vast global network of clients, resources, sizable backlog, and diversified model. With a proven management team and a strong balance sheet, Fluor should deliver growth from current levels.
"Fluor is prospecting several road and rail opportunities globally, many of which are in the U.S. Fluor remains the only one in its peer group assigned an A credit rating. Management expects to improve its ratings and remains committed to balance sheet strength."
Flour closed Monday at $44.89, down $0.86, or 1.88 percent.
Jefferies said in a note to clients, "Fluor should benefit from its vast global network of clients, resources, sizable backlog, and diversified model. With a proven management team and a strong balance sheet, Fluor should deliver growth from current levels.
"Fluor is prospecting several road and rail opportunities globally, many of which are in the U.S. Fluor remains the only one in its peer group assigned an A credit rating. Management expects to improve its ratings and remains committed to balance sheet strength."
Flour closed Monday at $44.89, down $0.86, or 1.88 percent.
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