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Jefferies Begins DuPont With Bullish View, Says Optionality, Discipline Create Resilience
Tuesday, September 10, 2019 - 1:59pm | 305Read More...Shares of DuPont de Nemours Inc (NYSE: DD) have higher resilience to a soft macro environment, given the company’s better operating discipline and “commitment to exploit its freedom to maneuver,” according to Jefferies. The Analyst Jefferies’ Laurence Alexander initiated...
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Valvoline To Benefit From Share Gains, IT Investments, Jefferies Says In Bullish Initiation
Wednesday, October 3, 2018 - 9:40am | 450Read More...The chemical sector is benefiting from a long industrial cycle, while the valuation multiples of the stocks are weighed down by the risk of an impending recession, according to Jefferies. The Analyst Analyst Laurence Alexander initiated coverage of Valvoline Inc (NYSE: VVV) with a Buy...
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Jefferies Expects Monsanto To Decline Bayer's Proposal
Thursday, May 19, 2016 - 10:41am | 287Read More...Monsanto Company (NYSE: MON) confirmed an unsolicited offer from Bayer, without disclosing terms. Jefferies’ Laurence Alexander maintained a Hold rating for the company, with a price target of $95. The analyst believes the deal is “relatively unlikely” to go through, with a...
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Lithium Spot Prices 'Pointing In The Right Direction'; Jefferies Ups Target On Albemarle To $65
Tuesday, December 29, 2015 - 10:51am | 359Read More...Jefferies issued a company note on Albemarle Corporation (NYSE: ALB) after significant increases in the price of lithium spot have contributed to a recent rally in shares of the specialty chemical company. Currently, Jefferies rates Albemarle as a Buy after raising their price target from $58 to $...
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Hold On DuPont Investors: Macro Risks And Valuation Cap Force Jefferies To Downgrade Stock
Monday, December 14, 2015 - 11:21am | 307Read More...E I Du Pont De Nemours And Co (NYSE: DD) shares have climbed 41 percent since September 15, while shares of Dow Chemical Co (NYSE: DOW) are up 20 percent over the same period. Jefferies’ Laurence Alexander downgraded the rating on DuPont from Buy to Hold, while maintaining a price...
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Jefferies Is Playing The Chemical Sector, But Sees 'More Murk Likely'
Wednesday, September 23, 2015 - 2:14pm | 567Read More...Laurence Alexander of Jefferies commented in a note that chemical rallies could "fade often and sharply." Alexander noted the "widely-acknowledged" lack of real demand visibility has morphed the defensive stance of chemical stocks that "worked" in 2015 into a "barbell approach." Alexander...
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UPDATE: Jefferies Downgrades Westport Innovations
Monday, December 1, 2014 - 11:31am | 116Read More...In a report issued Monday morning, Jefferies analyst Laurence Alexander downgraded shares of Westport Innovations Inc. (NASDAQ: WPRT) from Buy to Hold and lowered the price target from $7.25 to $5.25. Alexander commented, "We expect investors to focus on the cash burn and headwinds to...
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UPDATE: Jefferies Upgrades Ashland As Oil Volatility Increases
Monday, December 1, 2014 - 11:21am | 95Read More...In a report published Monday, Jefferies analyst Laurence Alexander upgraded the rating on Ashland (NYSE: ASH) from Hold to Buy, and raised the price target from $123.00 to $147.00. In the report, Jefferies noted, “The recent downdraft in oil prices implies a flatter petrochemical cost curve, less...
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UPDATE: Jefferies Downgrades Ecolab As Oil Volatility Increases
Monday, December 1, 2014 - 11:19am | 95Read More...In a report published Monday, Jefferies analyst Laurence Alexander downgraded the rating on Ecolab (NYSE: ECL) from Buy to Hold, and lowered the price target from $128.00 to $120.00. In the report, Jefferies noted, “The recent downdraft in oil prices implies a flatter petrochemical cost curve, less...
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UPDATE: Jefferies Upgrades Ashland
Monday, December 1, 2014 - 11:18am | 239Read More...Jefferies upgraded Ashland Inc (NYSE: ASH) Monday from Hold to Buy and raised its price target from $123 to $147. Analysts led by Laurence Alexander noted that Ashland benefits from falling crude oil prices. “Base oil prices have dropped to ~ $3.00/gal from $3.50-$3.75/gal in June....
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UPDATE: Jefferies Downgrades LyondellBasell Industries NV As Oil Volatility Increases
Monday, December 1, 2014 - 11:13am | 99Read More...In a report published Monday, Jefferies analyst Laurence Alexander downgraded the rating on LyondellBasell Industries NV (NYSE: LYB) from Buy to Hold, and lowered the price target from $110.00 to $85.00. In the report, Jefferies noted, “The recent downdraft in oil prices implies a flatter...
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UPDATE: Jefferies Downgrades Westport Innovations As Oil Volatility Increases
Monday, December 1, 2014 - 11:07am | 98Read More...In a report published Monday, Jefferies analyst Laurence Alexander downgraded the rating on Westport Innovations Inc. (NASDAQ: WPRT) from Buy to Hold, and lowered the price target from $8.00 to $5.25. In the report, Jefferies noted, “The recent downdraft in oil prices implies a flatter...
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UPDATE: Jefferies Reiterates On Air Products & Chemicals On Lowered Estimates
Monday, December 1, 2014 - 11:03am | 97Read More...In a report published Monday, Jefferies analyst Laurence Alexander reiterated a Hold rating on Air Products & Chemicals (NYSE: APD), and raised the price target from $134.00 to $160.00. In the report, Jefferies noted, “We are lowering estimates for Linde to reflect a likely incremental headwind...
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UPDATE: Jefferies Reiterates On Koppers Holdings Inc. On Expected Challenges Ahead
Monday, September 22, 2014 - 8:16am | 91Read More...In a report published Monday, Jefferies analyst Laurence Alexander reiterated Hold rating on Koppers Holdings Inc. (NYSE: KOP), but lowered the price target from $44.00 to $40.00. In the report, Jefferies noted, “While the Osmose acquisition appears to thread the needle of attractive economics (...
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Jefferies Lowers Estimates For DuPont
Friday, June 27, 2014 - 11:05am | 126Read More...In a note dated June 26, Jefferies analyst Laurence Alexander lowered his second quarter 2014 and full-year 2014 EPS estimates on DuPont (NYSE: DD) from $1.50 and $4.35 to $1.18 and $4.05, respectively. Despite the reduction, he reiterated a Hold rating on the company's shares. Alexander...
