In a report published Wednesday, Bank of America downgraded Compania De Minas Buenaventura SA (NYSE: BVN) from Market Perform to Underperform, and reduced price objective from $43 to $35, following negative update from Chucapaca's project.
Bank of America noted, "We downgrade Buenaventura to Underperform and revise our PO to US$35/sh (from US$43/sh)
In a report published Tuesday, BMO Capital Markets reiterated Celgene Corporation (NASDAQ: CELG) following PALACE-1 Study Results that came out better than expected and maintained its price target of $90.
BMO Capital Markets noted, "PALACE-1 results are better than expected, superior to that seen in phase 2 and suggest symptom benefits comparable
In a report published Tuesday, BMO Capital Markets reiterated Humana (NYSE: HUM) at Market Perform after a positive investor day, and maintained a price target of $78.
BMO Capital Markets noted, "Humana held its biennial Investor Day today at its headquarters in Louisville.
In a report published Tuesday, BMO Capital Markets reiterated SolarWinds Inc. (NYSE: SWI) at Market Perform citing neutral 2013 guidance, and maintained its price target of $55.
BMO Capital Markets noted, "SWI's 2013 revenue guidance of $328-$335 million (vs our $338 million estimate) and non-GAAP operating margin guidance of 51%-52% (vs.
In a report published Tuesday, BMO Capital Markets reduced its price target on Weatherford International Ltd. (NYSE: WFT) from $18 to $14 citing accounting challenges, and recommended a Market Perform rating.
BMO Capital Markets noted, "It'll be difficult to get a clear picture of WFT's operational progress/execution until the tax dust settles.
In a report published Tuesday, BMO Capital Markets slashed $6 from The Mosaic Company (NYSE: MOS) price target of $63 to $57, citing negative short-term offshore outlook, but maintained its Market Perform rating.
BMO Capital Markets noted, "MOS remains rated Market Perform, but we lower our target price to $57 from $63.
In a report published Tuesday, BMO Capital Markets reiterated The TJX Companies Inc. (NYSE: TJX) at Market Perform following in-line Q3 earnings and maintained a price target of $42.
BMO Capital Markets noted, "TJX reported in-line 3Q EPS of $0.62 (including $0.03 in one-time charges).