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Wednesday, November 9, 2011 - 4:06pm
Is Flagstar the Netflix of Banking?
Flagstar's corporate team may not include Reed Hastings, but that hasn't stopped the company from losing its value. In fact, Flagstar Bancorp (NYSE: FBC), the parent company of the Flagstar Bank chain, might actually be worse off than Netflix (NASDAQ: NFLX). Never mind the share price; right now,...
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What Are Eric Sprott's Favorite Mining Stocks?
Wednesday, July 6, 2011 - 1:43pm
Eric Sprott, CEO of Sprott Asset Management and a major player in the precious metals markets, has made some huge bets on specific gold and silver miners, most of which have already paid off in a big way. In fact, assets under management at Sprott, Inc. were $9.7 billion at the end of Q1 2011...
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Taglich Brothers Maintains Buy Rating On Lifeway Foods
Thursday, June 2, 2011 - 7:38amAccording to Taglich Brothers, Lifeway Foods (NASDAQ: LWAY) Buy rating is maintained. Taglich Brothers said that it is maintaining its Speculative Buy rating on shares of Lifeway Foods, Inc. (NasdaqGM: LWAY) and 12-month price target of $12.15 per share. “Our price target is based on a historic...
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Jefferies Comments On Reduced EPS Outlook On NCI
Thursday, May 5, 2011 - 7:40amAccording to Jefferies, NCI (NASDAQ: NCIT) EPS outlook is reduced. Jefferies said that, with potentially lower margins on the PEO Soldier bridge contract, combined with muted growth outside of passthrough revenues, we feel margins at NCI will remain below historical levels for a while. “With weak...
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Piper Jaffray Raises PT, Maintains Rating On Ross Stores Inc.
Friday, April 8, 2011 - 7:10amPiper Jaffray maintains its Neutral rating on Ross Stores Inc. (NASDAQ: ROST) and has raised its PT from $66 to $67 based upon revised earnings expectations for the first quarter, released by the stores management Thursday. Says Piper Jaffray, “The business continues to be driven by strong results...
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Brean Murray, Carret & Co. Lowers Estimates On Coach, Inc.
Tuesday, April 5, 2011 - 6:56amBrean Murray, Carret & Co. has lowered its estimates on Coach, Inc. (NYSE: COH) in light of the tragedy in Japan. The company maintains its Buy rating, however, as well as its price target of $65. COH closed yesterday at $52.93.
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Alphatec Receives FDA Approval For Solus Reports Jefferies
Tuesday, April 5, 2011 - 6:49amAlphatec Holdings (NASDAQ: ATEC) has been granted FDA approval for Solus, an anterior interbody fusion device produced by the company, says Jefferies. In its report, Jefferies writes, “The approval of Solus gives ATEC a unique entrant into the $350mn US market for standalone ALIF devices. It is...
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Citi Upgrades Rating On PNR To Buy, Increases PT To $45
Tuesday, April 5, 2011 - 6:38amCiti, citing the acquisition of privately held filtration business, Norit, has upgraded its rating on Pentair, Inc. (NYSE: PNR) from Hold to Buy and has increased the price target from $39 to $45. According to Citi, “the Norit deal marks a decisive and frankly unexpectedly bold move. Investors...
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Piper Jaffray Raising PT On Hub Group, Inc.
Tuesday, April 5, 2011 - 6:26amPiper Jaffray, upon the acquisition by Hub Group, Inc. (NASDAQ: HUBG) of Exel Transportation Services (ETS) has raised its PT on the stock to $46. In its report, Piper Jaffray writes, “We view the acquisition as largely positive given HUBG is putting formerly idle cash to work grabbing a big chunk...
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Morgan Stanley Changes Rating On CREE to Underweight
Tuesday, April 5, 2011 - 6:15amMorgan Stanley has downgraded its rating on Cree, Inc. (NASDAQ: CREE) to Underweight from its previous rating of Equal-weight. In the report, Morgan Stanley cites four reasons for its new rating, including competition and pricing pressure, share losses, negative earnings growth projections for...
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