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J.P. Morgan Reiterates Underweight Rating, $18 PT on Quality Systems
Wednesday, January 23, 2013 - 2:42pmIn a report published Wednesday, J.P. Morgan & Co. reiterated its Underweight rating and $18.00 price target on Quality Systems (NASDAQ: QSII). J.P. Morgan noted, “We initiated coverage earlier this month on Quality Systems with an Underweight rating given recent weak business trends driven by...
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J.P. Morgan Reiterates Neutral Rating, $25 PT on Coeur d'Alene Mines Corporation
Friday, January 18, 2013 - 1:10pmIn a report published Friday, J.P. Morgan & Co. reiterated its Neutral rating and $25.00 price target on Coeur d'Alene Mines Corporation (NYSE: CDE). J.P. Morgan noted, “CDE delivered lower Q4 production results for silver, though gold was better. Investors had been hoping for further...
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J.P. Morgan Reiterates Overweight Rating on Comerica
Wednesday, January 16, 2013 - 11:52amIn a report published Wednesday, J.P. Morgan & Co. reiterated its Overweight rating on Comerica (NYSE: CMA). J.P. Morgan noted, “Comerica reported 4Q12 EPS of $0.68, which also appear to be core and beat our estimate of $0.67 and the consensus estimate of $0.65. Although there were many moving...
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UPDATE: J.P. Morgan Reiterates Neutral Rating, Raises PT on Washington Federal
Wednesday, January 16, 2013 - 10:28amIn a report published Wednesday, J.P. Morgan & Co. reiterated its Neutral rating on Washington Federal (NASDAQ: WAFD), and slightly raised its price target from $17.50 to $18.00. J.P. Morgan noted, “WAFD reported CY4Q12 (fiscal 1Q) EPS of $0.33, which was ahead of our $0.31 estimate and...
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J.P. Morgan Reiterates Underweight Rating on Xerox Corporation
Friday, January 11, 2013 - 2:06pmIn a report published Friday, J.P. Morgan & Co. reiterated its Underweight rating on Xerox Corporation (NYSE: XRX). J.P. Morgan noted, “This morning, Xerox announced that Luca Maestri, EVP and CFO, is leaving the company to assume the role of corporate controller at Apple. Mr. Maestri will...
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UPDATE: J.P. Morgan Reiterates Overweight Rating, Raises PT on Ford Motor Company
Friday, January 11, 2013 - 12:08pmIn a report published Friday, J.P. Morgan & Co. reiterated its Overweight rating on Ford Motor Company (NYSE: F), and raised its price target from $13.00 to $15.00. J.P. Morgan noted, “We rate Ford shares Overweight, on the success of its ‘One Ford' strategy and current modest valuation. Ford...
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UPDATE: J.P. Morgan Reiterates Underweight Rating, Lowers PT on Cypress Semiconductor Corporation
Wednesday, January 9, 2013 - 3:43pmIn a report published Wednesday, J.P. Morgan & Co. reiterated its Underweight rating on Cypress Semiconductor Corporation (NASDAQ: CY), but slightly lowered its price target from $8.00 to $7.00. J.P. Morgan noted, “Yesterday, before the open, Cypress negatively preannounced its 4Q12 results...
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UPDATE: J.P. Morgan Reiterates Overweight Rating, Lowers PT on Apollo Group
Wednesday, January 9, 2013 - 3:31pmIn a report published Wednesday, J.P. Morgan & Co. reiterated its Overweight rating on Apollo Group (NASDAQ: APOL), but lowered its price target from $36.00 to $30.00. J.P. Morgan noted, “Tuesday evening, Apollo reported 1QF13 (Nov) EPS of $1.22 (from cont. operations, ex. one-time items),...
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UPDATE: J.P. Morgan Reiterates Neutral Rating, Raises PT on Rovi Corporation
Friday, January 4, 2013 - 2:59pmIn a report published Friday, J.P. Morgan & Co. reiterated its Neutral rating on Rovi Corporation (NASDAQ: ROVI), and slightly raised its price target from $19.00 to $20.00. J.P. Morgan noted, “In what we believe is a positive strategic move, the company is placing the Rovi Entertainment...
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UPDATE: J.P. Morgan Upgrades Tower International to Neutral, Raises PT
Friday, January 4, 2013 - 10:49amIn a report published Friday, J.P. Morgan & Co. upgraded its rating on Tower International (NYSE: TOWR) from Underweight to Neutral, and raised its price target from $8.50 to $11.50. J.P. Morgan noted, “We upgrade shares of Tower International (TOWR) to Neutral from Underweight, on modest...
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