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Wall Street Weighs In On General Electric's Investor Call, Coronavirus Impact
Thursday, March 5, 2020 - 11:00am | 557Read More...On Wednesday, General Electric Company (NYSE: GE) held an investor call to update shareholders on its financial outlook. GE management said the coronavirus outbreak will reduce first-quarter industrial free cash flow by between $300 million and $500 million and operating income by between $200...
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Morgan Stanley Upgrades GE On Improving Cash Flow Outlook
Thursday, January 23, 2020 - 10:44am | 449Read More...After a miserable few years for General Electric Company (NYSE: GE) investors, the stock jumped 3% on Thursday after one analyst upgraded GE and said the company’s fundamental outlook is finally improving. The Analyst Morgan Stanley analyst Joshua Pokrzywinski upgraded GE from Equal-Weight to...
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Analysts Say Additional Fastenal Upside Is Limited Following Earnings Pop
Monday, October 14, 2019 - 10:53am | 600Read More...Fastenal Company (NASDAQ: FAST) shares jumped 17.2% to a new all-time high on Friday after the company reported earnings and revenue beats. The construction equipment maker reported 7.8% sales growth, while gross margins dropped from 48.1% to 47.2%. Fastenal’s strong quarter was reassuring...
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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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Morgan Stanley Downgrades Fortive On Valuation After 29% Gain
Wednesday, May 8, 2019 - 12:12pm | 378Read More...Fortive Corp (NYSE: FTV) has completed a reshaping of its portfolio to include higher-quality assets with lower cyclicality and its stock has rerated to reflect this, according to Morgan Stanley this morning. Defensive stocks like Fortive seem to have less sector valuation support in...
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Morgan Stanley's Takeaways From Ingersoll-Gardner Denver M&A Reports
Monday, April 29, 2019 - 12:47pm | 464Read More...The Wall Street Journal reported Sunday that Gardner Denver Holdings Inc (NYSE: GDI), a manufacturer of flow-control solutions for industrial applications, is close to finalizing a deal to merge with Ingersoll-Rand PLC (NYSE: IR)'s industrial segment. The Analyst Morgan Stanley's...
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Buckingham Downgrades Emerson Electric To Sell
Friday, August 19, 2016 - 8:53am | 274Read More...Emerson Electric Co. (NYSE: EMR) has plans of purchasing Pentair Plc’s (NYSE: PNR) Valves & Controls business. Buckingham Research Group’s Joshua Pokrzywinski downgraded the rating on Emerson Electric from Neutral to Underperform, while reducing the price target from $49 to $44...
