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Should Research in Motion Sell BlackBerry and Call it Quits?
Wednesday, May 30, 2012 - 12:44pm
The company was on top of the world. Now it's on the cusp of bankruptcy, an asset shakeup, or some other development that will undoubtedly change the face of the BlackBerry maker. It all started with the simple announcement that Research in Motion (NASDAQ: RIMM) had hired a couple of banks to "...
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UPDATE: J.P. Morgan Lowers Windstream's PT
Tuesday, May 29, 2012 - 9:18amAccording to a research report published this morning, J.P. Morgan has lowered Windstream's (NASDAQ: WIN) PT from $14 to $12. J.P. Morgan said in the report, "Windstream is down 15% since 1Q earnings on 5/10, with the dividend yield at 10.5%. At this level we believe the market has...
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UPDATE: J.P. Morgan Raises Costco's PT
Tuesday, May 29, 2012 - 9:16amAccording to a research report published this morning, J.P. Morgan has increased Costco's (NASDAQ: COST) PT from $94 to $96. In the report, J.P. Morgan commented, "We are encouraged by COST's $0.01 EPS beat and the ~25 bps higher than expected gross margin. Heading into 3Q earnings...
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UPDATE: J.P. Morgan Lowers Staples' PT
Tuesday, May 29, 2012 - 8:41amAccording to a research report published this morning, J.P. Morgan has lowered Staples' (NASDAQ: SPLS) PT from $18 to $17. In the report, J.P. Morgan commented, "We continue to believe that SPLS is oversold and investors are applying an overly bearish multiple in valuing the stock by unduly...
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UPDATE: J.P. Morgan Upgrades Eastman Chemical Company; Raises PT
Friday, May 25, 2012 - 9:17amAccording to a research report published this morning, J.P. Morgan has upgraded Eastman Chemical Company (NYSE: EMN) from Neutral to Overweight, and raised PT from $57 to $58. In the report, J.P. Morgan said, "Eastman shares with LYB, DOW and WLK an exposure to an inexpensive and growing...
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UPDATE: J.P. Morgan Upgrades Illinois Tool Works; Raises PT
Friday, May 25, 2012 - 9:16amAccording to a research report published this morning, J.P. Morgan has upgraded Illinois Tool Works (NYSE: ITW) from Neutral to Overweight, and raises PT from $56 to $66. In the report, J.P. Morgan explained, "We are upgrading ITW from Neutral to Overweight based on our discussions with management...
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UPDATE: J.P. Morgan Downgrades H.J. Heinz; Lowers PT
Friday, May 25, 2012 - 9:08amAccording to a research report published this morning, J.P. Morgan has downgraded H.J. Heinz (NYSE: HNZ) from Overweight to Neutral, and lowered PT from $59 to $56. In the report, J.P. Morgan mentioned, "Though the overall story remains solid and Heinz has better upside potential in emerging...
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UPDATE: J.P. Morgan Raises Stag Industrial's PT
Friday, May 25, 2012 - 8:44amAccording to a research report published this morning, J.P. Morgan has increased Stag Industrial's (NYSE: STAG) PT from $13 to $14. In the report, J.P. Morgan said, "After updating our model following 1Q earnings, we are raising our 2012 normalized FFO estimate $0.05, to $1.17 and raising...
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UPDATE: J.P. Morgan Raises Apartment Investment and Management's PT
Friday, May 25, 2012 - 8:39amAccording to a research report published this morning, J.P. Morgan has increased Apartment Investment and Management's (NYSE: AIV) PT from $24 to $25. In the report, J.P. Morgan mentioned, "We are publishing our updated AIV model and raising our estimates post 1Q earnings. We are raising our...
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Thursday, May 24, 2012 - 1:27pm
NetApp's Robust Quarter Bugged by Guidance Glitch
In what appeared to be a positive fourth quarter earnings report by NetApp (NASDAQ: NTAP) unfortunately took a sharp turn when management's F1Q13 guidance left analysts scratching their heads. Research firms responded to the cloudy projection with a slew of price target drops and downgrades, but...
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