Wunderlich

Wunderlich reiterates its $60 price target and Buy rating on Cullen/Frost Bankers (NYSE: CFR) on strong core earnings power for 4Q11. Wunderlich says, "Frost reported 4Q11 EPS of $0.90, which was $0.03 above consensus. Although loan balances were below our projections in 4Q11, the NIM was 11 bps...

Wunderlich Securities reiterates its Buy rating and price target of $13 per share on Ixia (NASDAQ: XXIA) as the company provides a positive update of its 4Q11 results. Wunderlich says, "Last summer, Ixia suffered from business delays as some customers assessed the implications of the...

Wunderlich Securities reiterates its Buy rating and $44 target price on Linn Energy (NASDAQ: LINE) as the company posts its full year guidance for 2012. Wunderlich comments, "LINN Energy, LLC (LINE) announced its 2012 capital program and preliminary full-year 2012 guidance. We continue to believe...

Wunderlich is out with its report today on Energy Transfer Equity (NYSE: ETE), lowering its PT from $45 to $38. In its report, Wunderlich writes, "Energy Transfer Equity, L.P. reported 3Q11 distributable cash flow of $126.4 million, which was just below our estimate. We are lowering our price...

Wunderlich is out with its report today on Plains All American Pipeline (NYSE: PAA), upgrading PAA from Hold to Buy. In its report, Wunderlich writes, "We are upgrading Plains All American Pipeline, L.P. to Buy from Hold and increasing our price target to $71/unit from $67/unit. Plains issued...

Wunderlich is out with its report today on Covanta Holding (NYSE: CVH), reiterating Buy. In its report, Wunderlich writes, "We reiterate our Buy rating and $21 target on Covanta shares. CVA's inline 3Q11 results showed that business fundamentals remain sound with 1%-2% disposal pricing and...

Wunderlich is out with its report today on Enterprise Products Partners (NYSE: EPD), maintaining Buy. In its report, Wunderlich writes, "Enterprise Products Partners L.P. reported 3Q11 EBITDA of $956 million and distributable cash flow of $856 million, which were above our estimates. We believe...

Wunderlich is out with its report today on BRE Properties (NYSE: BRE), reiterating Buy. In its report, Wunderlich writes, "We reiterate our Buy rating on BRE Properties, Inc. and our price target of $55 per share. The company reported in-line 3Q11 results and tightened its 2011 guidance range. We...

Wunderlich is out with its report today on Scripps Network Interactive (NYSE: SNI), lowering its PT from $60 to $53. In its report, Wunderlich writes, "We are lowering our price target on Buy-rated Scripps Networks Interactive to $53 from $60 off more modest 2012 U.S. ad market growth and ratings...

Wunderlich is out with its report today on Post Properties (NYSE: PPS), maintaining Hold. In its report, Wunderlich writes, "We are maintaining our Hold rating and $45 price target on Post Properties, Inc. (PPS) shares. PPS reported better-than-expected 3Q11 results and increased its 2011 guidance...