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Morgan Stanley: GE's Core Strengths Offset By 'Opaque Potential Cash Needs'
Thursday, September 5, 2019 - 9:37am | 468Read More...A busy week for General Electric Co (NYSE: GE) continued on Thursday when yet another analyst weighed in on the beaten-down industrial giant. The Analyst Morgan Stanley analyst Joshua Pokrzywinski initiated coverage of GE with an Equal-Weight rating and $10 price target. The Thesis Pokrzywinski...
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Citi: General Electric's Recovery 'Could Be More Significant' Than Investors Realize
Wednesday, September 4, 2019 - 12:25pm | 584Read More...General Electric Company (NYSE: GE) shares traded higher by another 4.5% on Wednesday after yet another analyst had good things to say about the stock. Citi analyst Andrew Kaplowitz reiterated his Buy rating for GE. The Thesis After meeting with General Electric CEO Larry Culp, Kaplowitz said he is...
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Citi: Court Ruling Lifts Cloud Over Chicago Bridge & Iron Shares
Wednesday, June 28, 2017 - 1:33pm | 510Read More...A Delaware Supreme Court ruling in favor of Chicago Bridge & Iron Company N.V. (NYSE: CBI) in the company’s multibillion-dollar dispute with Westinghouse “is a significant stabilizing event for CB&I shares,” according to Citi. Westinghouse bought CB&I’s nuclear...
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The Sell-Side Bulls Are Out In Force For Gardner Denver With A Slew Of Positive Initiations
Tuesday, June 6, 2017 - 4:30pm | 583Read More...Gardner Denver Holdings Inc (NYSE: GDI), an industrial machinery maker, completed its initial public offering in early May. A slew of sell-side reports were released Tuesday, with the general consensus being bullish. Credit Suisse: Neutral Credit Suisse's Julian Mitchell initiated coverage of...
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Magnitude Of Chicago Bridge & Iron's Guidance Cut Caught Citi By Surprise
Thursday, July 28, 2016 - 9:42am | 348Read More...Although 2016 has been expected to be a tough year for late-cycle oil & gas exposed E&Cs, Citi’s Andrew Kaplowitz expressed surprise at the magnitude of the guidance cut by Chicago Bridge & Iron Company N.V. (NYSE: CBI) for 2Q. Kaplowitz maintains a Neutral rating on the company,...
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Citi Believes Honeywell Can Still Achieve EPS Growth In A Tough Market
Monday, July 25, 2016 - 3:42pm | 378Read More...Citi believes Honeywell International Inc. (NYSE: HON) can continue to generate about 10 percent EPS growth in a tough market, driven by some ramp-up in organic growth, an increased focus on breakthrough initiatives, strong execution and a continued increase in M&A activity. Q2 Results And Q3...
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GE's Q2 Results Keep It On Track With Overall Plan
Monday, July 25, 2016 - 9:38am | 431Read More...Citi maintains its Buy rating on General Electric Company (NYSE: GE), saying that the company's latest second-quarter results puts it on track to meet its 2016 goals. However, the brokerage cautioned on the weak cash flows at the diversified industrial conglomerate. "Lingering skepticism with...
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Chicago Bridge & Iron Downgraded By Citi Following Disappointing Westinghouse Deal
Monday, July 25, 2016 - 9:09am | 359Read More...Citi’s Andrew Kaplowitz expressed disappointment regarding the contract signed between Chicago Bridge & Iron Company N.V. (NYSE: CBI) and Westinghouse. Kaplowitz downgraded the rating on Chicago Bridge & Iron from Buy to Neutral, while lowering the price target from $48 to $38. A...
