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UPDATE: Monness Crespi Hardt Upgrades Electronic Arts to Neutral Following Evaporation of Catalysts
Wednesday, May 8, 2013 - 9:26amIn a report published Wednesday, Monness Crespi Hardt analyst Bill Lennan upgraded the rating on Electronic Arts (NASDAQ: EA) from Sell to Neutral. In the report, Lenna noted, “A series of earnings misses, guide-downs, disappointing games, and a CEO departure (to name a few) have been insufficient...
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UPDATE: Monness Crespi Hardt Upgrades WellPoint to Buy, Names $90 PT on 1Q13 Results
Thursday, April 25, 2013 - 9:59amIn a report published Thursday, Monness Crespi Hardt analyst Brian Wright upgraded the rating on WellPoint (NYSE: WLP) from Neutral to Buy, and named a $90.00 price target. In the report, Wright noted, “While acknowledging the robust results for the quarter, guidance presumes reversion in...
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UPDATE: Monness Crespi Hardt Lowers PT on Apple on 2QFY13 Preview
Monday, April 22, 2013 - 10:19amIn a report published Monday, Monness Crespi Hardt analyst Jeffrey Fidacaro reiterated a Buy rating on Apple (NASDAQ: AAPL), but lowered the price target from $670.00 to $520.00. In the report, Fidacaro noted, “2QFY13 Preview: lowering estimates on softer demand and lull before product refreshes....
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UPDATE: Monness Crespi Hardt Downgrades Leggett & Platt to Neutral on March Quarter Preview
Friday, April 19, 2013 - 8:58amIn a report published Friday, Monness Crespi Hardt analyst Herb Hardt downgraded the rating on Leggett & Platt (NYSE: LEG) from Buy to Neutral. In the report, Hardt noted, “The March Quarter should be in line with MCH and consensus EPS estimates of $0.38 per share versus $0.30 per share last...
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UPDATE: Huntsman Upgraded at Monness Crespi Ahead of Restructuring Efforts
Thursday, April 4, 2013 - 10:23amIn a report published by Monness Crespi Hardt, analyst Herb Hardt upgraded Huntsman (NYSE: HUN) from Neutral to Buy and established a $25.00 price target. In the report, Monness Crespi Hardt noted, "For 2013 there will still be restructuring charges as well as the lack of a one-time benefit from a...
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UPDATE: Monness Crespi Hardt Upgrades Dick's Sporting Goods to Buy after on 4QFY12 Miss
Wednesday, March 13, 2013 - 10:27amIn a report published Wednesday, Monness Crespi Hardt analyst Jim Chartier upgraded his rating on Dick's Sporting Goods (NYSE: DKS) from Neutral to Buy and named a $61.00 price target. In the report, Chartier noted, “We believe the company's 4QFY12 miss and slow start to 1QFY13 are due to...
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UPDATE: Monness Crespi Hardt Upgrades Olin Corporation to Buy on Recent Acquisitions
Monday, March 11, 2013 - 8:48amIn a report published Monday, Monness Crespi Hardt upgraded its rating on Olin Corporation (NYSE: OLN) from Neutral to Buy and named a $31.00 price target. Monness Crespi Hardt noted, “OApproximately $500 million ($6.25/share) has been spent over the past two years to exit mercury cell production...
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UPDATE: Monness Crespi Hardt Reiterates Buy Rating, Raises PT on Fifth & Pacific Companies on Compelling Portfolio
Wednesday, February 20, 2013 - 10:17amIn a report published Wednesday, Monness Crespi Hardt reiterated its Buy rating on Fifth & Pacific Companies (NYSE: FNP), and raised its price target from $15.00 to $21.00. Monness Crespi Hardt noted, “We continue to recommend FNP shares with a Buy rating and are raising our price target to $...
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UPDATE: Monness Crespi Hardt Downgrades Rockwood Holdings to Neutral on Limited Upside
Tuesday, February 19, 2013 - 3:37pmMonness Crespi Hardt downgraded Rockwood Holdings (NYSE: ROC) from Buy to Neutral and announced a $62.00 price target. Monness Crespi Hardt noted, "We are downgrading ROC to Neutral as the recent share appreciation has left limited upside in our view, despite a number of potential upcoming...
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UPDATE: Monness Crespi Hardt Reiterates Buy Rating, Raises PT on Cabela's on 4Q12 EPS
Friday, February 15, 2013 - 1:37pmIn a report published Friday, Monness Crespi Hardt reiterated its Buy rating on Cabela's (NYSE: CAB), and raised its price target from $55.00 to $59.00. Monness Crespi Hardt noted, “Excluding 1x items, Cabela's reported 4Q12 EPS of $1.25. The loan loss provision decreased $0.2 million from last...
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