DA Davidson

DA Davidson initiates Belden (NYSE: BDC) with a Neutral rating and a price target of $37. DA Davidson notes, " We are initiating coverage with a NEUTRAL rating and $37 price target. Belden is an attractive long-term story with intriguing themes. However, we believe multiples could remain under...

DA Davidson reduces its price target on The Shaw Group (NYSE: SHAW) from $35 to $30 and reaffirms its rating at Neutral. DA Davidson notes, "We are adjusting our EPS projections to incorporate the sale of the company's E&C business as well as expected line items associated with the...

DA Davidson lowers its price target on Consolidated Communications Holdings (NASDAQ: CNSL) from $19 to $16.50 as it keeps shares at a Neutral rating. DA Davidson says, "With the proposed acquisition of SURW, CNSL improves its mix of businesses toward less regulated, higher growth areas. We think...

DA Davidson downgrades Schnitzer Steel Industries (NASDAQ: SCHN) from Neutral to Underperform and reduces its price target from $40 to $26. DA Davidson notes, "As anticipated, yesterday afternoon Schnitzer Steel provided an outlook for its third fiscal quarter, ending May 31st. Schnitzer does...

DA Davidson initiates its coverage on Erickson Air-Crane Incorporated with a Buy rating and a price target of $10 on shares. DA Davidson comments, "The main catalyst for growth is the sale of additional Air-Cranes manufactured by the company. We estimate each additional sale contributes ~$30...

DA Davidson reduces its price target from $17.50 to $14 on Neutral-rated Primoris Services Corporation (NASDAQ: PRIM) as earnings decline in the latest quarter due to the timing of a major project. DA Davidson notes, "Reported EPS of $0.20 compared with $0.24 last year were moderately below our...

DA Davidson raises its price target from $30 to $32 on Buy-rated Tetra Tech (NASDAQ: TTEK) to reflect consistent earnings growth and further gains expected. DA Davidson comments, "Tetra Tech's operating results reflect the company's successful targeting of international and commercial/industrial...

DA Davidson lowers its price target from $7 to $5 on Buy-rated Limelight Networks (NASDAQ: LLNW) as it cuts estimates on the company's slow sales progress. DA Davidson comments, "LLNW's CDN business accounted for 69% of revenues and fell 3% on a YoY basis due to lower prices. Netflix represented...

DA Davidson raises its price target from $80 to $88 on Triumph Group (NYSE: TGI) DA Davidson notes, "We are maintaining our BUY rating and raising our target price from $80 to $88 based on the shares trading at 14x our FY14 EPS of $6.30 or ~8x on an EV/EBITDA basis. Triumph Group remains one of...

DA Davidson cuts its price target from $8 to $7 on Neutral-rated Cbeyond (NASDAQ: CBEY), as Q1 earnings report showed no sequential growth. DA Davidson says, "CBEY's established markets showed no sequential growth and net customer additions were only 296 compared to Q4's net adds of 1,044...