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4 Reasons Behind Cowen's Lockheed Martin Upgrade
Wednesday, July 25, 2018 - 1:20pm | 465Read More...Cowen gave four reasons for its newly bullish stance on Lockheed Martin Corporation (NYSE: LMT) Wednesday. The Analyst Cowen's Cai von Rumohr upgraded Lockheed Martin from Market Perform to Outperform with an unchanged $370 price target. The Thesis The case for buying the maker...
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SAIC Shares Downgraded By Cowen As Valuation Approaches Parity
Friday, September 9, 2016 - 10:41am | 436Read More...Cowen has downgraded Science Applications International Corp (NYSE: SAIC) ("SAIC") to Market Perform from Outperform on valuation. Review Of Q2 "Q2 continued SAIC's record of impressive performance; but up a peer-high 20 percent since midyear, the stock sells for an above-avg 11.7x C17 EV/EBITDA...
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Smith & Wesson Continues Street-Beat Streak With Q1 Results
Friday, September 2, 2016 - 9:40am | 364Read More...Cowen’s Cai von Rumohr mentioned Smith & Wesson Holding Corp (NASDAQ: SWHC) continued its beat and raise record with Q1. Von Rumohr maintains an Outperform rating on the company with a price target of $34. Q1 Beat The company reported its GAAP EPS for Q1 at $0.57, ahead of the estimate...
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Northrop Grumman May Be Set For Q2 Earnings Beat
Wednesday, June 15, 2016 - 10:27am | 251Read More...Northrop Grumman Corporation (NYSE: NOC) seems poised for a solid 2Q beat and on track for profit growth in 2016, Cowen’s Cai von Rumohr said in a report. He maintained a Market Perform rating for the company, while raising the price target from $220 to $227. “We expect revenues to...
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Is Republic Airways' Bankruptcy Weighing On Embraer?
Friday, March 4, 2016 - 10:43am | 269Read More...Cowen's Cai von Rumohr downgraded the rating on Embraer SA (ADR) (NYSE: ERJ) from Outperform to Market Perform, while lowering the price target from $39 to $29. "While 2016 delivery/revenue prospects are mostly intact, RJ margins are under pressure despite the likely FX tailwind,...
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Why A Honeywell-United Technologies Merger Is A 'Long Shot'
Thursday, February 25, 2016 - 11:11am | 531Read More...Shares of Honeywell International Inc. (NYSE: HON) and United Technologies Corporation (NYSE: UTX) have been heading north on news of merger talks. Several analysts expressed their views on the potential combination. Cowen Cowen’s Cai von Rumohr maintained an Outperform rating for...
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Analyst Likes Smith & Wesson Despite 9.5% Drop In Gun Permits
Monday, April 13, 2015 - 1:39pm | 264Read More...Smith & Wesson Holding Corp (NASDAQ: SWHC) remains poised for a comeback despite a recent slowdown in gun permits, an analyst said Monday. Federal gun permits, a proxy for retail sales, are off nearly 9.5 percent to about 5.65 million in the first three months of 2015, compared with last year....
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UPDATE: Cowen and Company Upgrades CACI International on Multiple Positive Factors
Tuesday, December 3, 2013 - 10:40am | 188Read More...In a report published Tuesday, Cowen and Company analyst Cai von Rumohr upgraded the rating on CACI International (NYSE: CACI) from Market Perform to Outperform, and raised the price target from $80.00 to $90.00. In the report, Cowen and Company noted, “We expect healthy FY15 EPS/CFPS ramp on (1)...
