Wunderlich Securities

Wunderlich Securities raises its rating on Ubiquiti Networks (NASDAQ: UBNT) from Hold to Buy and maintains its $18 price target. Wunderlich Securities comments, "We are upgrading shares of Ubiquiti Networks (UBNT) to Buy from Hold, but not elevating our forecast. Our estimates are already above...

Wunderlich Securities reduces its price target on DIRECTV (NASDAQ: DTV) from $60 to $56, but reiterates its Buy rating on shares. Wunderlich Securities comments, "We are lowering our price target on Buy-rated DirecTV (DTV) to $56 from $60 off the deteriorating Brazilian reais exchange rate and a...

Wunderlich Securities initiates its coverage on Sandridge Mississippian Trust II (NYSE: SDR) with a Buy rating and a price target of $24. Wunderlich Securities says, "We believe SandRidge is a solid investment for several reasons, including: it offers a relatively high yield and the distribution...

Wunderlich Securities initiates WW Grainger (NYSE: GWW) with a Buy rating and a $216 price target. Wunderlich Securities comments, "Performance during the 2009 recession and amid three years of recovery has been stellar with the Street now viewing it as a high-quality growth company with one of...

Wunderlich Securities initiates its coverage on Pool Corporation (NASDAQ: POOL) with a Buy rating and a price target of $44. Wunderlich Securities notes, "We believe investors should be more appreciative of Pool's performance, as the company should deliver record earnings in 2012, despite a...

Wunderlich Securities initiates a Buy rating with a price target of $32 per share on United Stationers (NASDAQ: USTR). Wunderlich Securities says, "We believe YTD share price underperformance represents an attractive opportunity, as delays in a cyclical recovery have evaded the office products...

Wunderlich Securities initiates its coverage on Anixter International (NYSE: AXE) with a Buy rating and a price target of $74. Wunderlich Securities comments, "We view Anixter's three businesses as having attractive characteristics involving either strong leadership positions in long-term secular...

Wunderlich Securities initiates its coverage on WESCO International (NYSE: WCC) with Hold rating and a price target of $64 per share. Wunderlich Securities notes, "Our Hold rating is driven by a below-consensus 2012 EPS view largely resulting from revenue growth 80-90 bps slower than Street...

Wunderlich Securities initiates its coverage on MSC Industrial Direct (NYSE: MSM) with a Buy rating and a price target of $82. Wunderlich Securities comments, "We believe MSC is one of the most attractively valued plays among higher growth industrial distribution names. While near-term gross...

Wunderlich Securities initiates its coverage on Fastenal Company (NASDAQ: FAST) with a Buy rating and a price target of $51. Wunderlich Securities notes, "While Fastenal currently trades at a substantial premium to peers, we view current levels as in line with historical precedent. We believe...