Stifel Nicolaus

Stifel Nicolaus raises its target price on Monster Beverage Corporation (NASDAQ: MNST) by $28 to $123 and reaffirms its Buy rating on shares following continued strength on sales. Stifel Nicolaus says, "We anticipate Monster Beverage Corp. will achieve sustained low double-digit sales growth over...

Stifel Nicolaus raises its target price on Coca-Cola Enterprises (NYSE: CCE) to $32 from $30 as it reaffirms its Buy rating on shares, following Q4 results. Stifel Nicolaus says, "We increase our target price to $32 from $30, reflecting our new estimates, and continue to see an attractive risk/...

Stifel Nicolaus lowers its rating on Ryland Group (NYSE: RYL) to Hold from Buy on valuation. Stifel Nicolaus comments, "At 2x tangible book, 1.55x adjusted book value, and 7.3x our normalized EPS estimate we see Ryland shares as fully valued given the current environment and housing uncertainties...

Stifel Nicolaus upgrades SandRidge Energy (NYSE: SD) to Buy from Hold as teh company reduces downside risk through balance sheet de-leveraging. Stifel Nicolaus also establishes a $10.50 price target on shares. Stifel Nicolaus says, "Over the past two months, SD has deleveraged the balance sheet...

Stifel Nicolaus raises its rating on Penn Virginia Corporation (NYSE: PVA) to Buy from Hold and establishes a $7 target price on shares as the company makes progress on its turnaround. Stifel Nicolaus says, "This company is very leveraged, outspending CF, and has not laid out 2012 capex/...

Stifel Nicolaus remains Buy-rated on Philip Morris (NYSE: PM) and raises its price target by $8 to $88 on continued robust growth for 2012. Stifel Nicolaus says, "The company introduced its 2012 EPS guidance calling for EPS in the range of $5.25 - $5.35 which includes a 10-cent drag from negative...

Stifel Nicolaus reiterates its Buy rating on Nuance Communications (NASDAQ: NUAN) and raises its price target by $5 to $32, despite a lackluster performance in the mobile space that lags Siri hype. Stifel Nicolaus says, "Our target price is based upon a 20x PE multiple on our FY12 EPS estimate of...