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Sell-Side: ADT A Secure Investment
Tuesday, February 13, 2018 - 5:21pm | 623Read More...Despite shares of ADT Inc (NYSE: ADT) trading at a discount to the offer price of $14, sell-side analysts are optimistic about the security company's prospects. Most sell-side firms, including Goldman Sachs, Morgan Stanley and Imperial Capital, initiated coverage of ADT with the highest...
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H&R Block Outlook Pays A Penalty For Inconsistent Performance
Wednesday, August 30, 2017 - 10:51am | 519Read More...Shares of H&R Block Inc (NYSE: HRB) tumbled more than 7 percent Wednesday as investors weren't satisfied with the company's fiscal first-quarter earnings report, which prompted some analysts to reiterate a Sell rating on the stock. BTIG's Mark Palmer maintains a Sell rating with an...
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HR Block Delivers Nice Q4 Beat, But Is The Bar Now Set Too High For 2018?
Wednesday, June 14, 2017 - 11:12am | 454Read More...H & R Block Inc (NYSE: HRB) is up nearly 10 percent after it reported strong fourth-quarter results after the close Tuesday. After the earnings report — the tax preparer's adjusted Q4 EPS was $3.76 against an estimate of $3.53 — Credit Suisse raised its price target on the stock...
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Avis Budget Downgraded, Still Best Rental Car Play Available
Friday, February 17, 2017 - 12:35pm | 410Read More...Credit Suisse has downgraded Avis Budget Group Inc. (NASDAQ: CAR) to Neutral from Outperform on lackluster growth environment implied in the company’s outlook. However, the brokerage still calls the stock the preferred play in rental cars. Review The downgrade comes after the rental car...
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Biggest Risk To The Bear Thesis On Hertz? Carl Icahn
Friday, February 17, 2017 - 10:59am | 372Read More...Shares of Hertz Global Holdings, Inc (NYSE: HTZ) were trading lower by nearly 4 percent early Friday morning after analysts at Credit Suisse downgraded the stock to Underperform from Neutral with a price target lowered to $15 from a previous $27. Credit Suisse's Anjaneya Singh noted that his...
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Hertz CEO Change Met With Mixed Reactions
Wednesday, December 14, 2016 - 12:21pm | 538Read More...The CEO change at Hertz Global Holdings, Inc (NYSE: HTZ) was met with mixed reactions from the Street, while shares fell as much as 4 percent on the news. The negative share movement suggests investors are not too happy with the development. The Estero, Florida-based rental car company named...
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Hertz's New CEO At The Helm: What's In Store For The Company?
Wednesday, December 14, 2016 - 10:07am | 384Read More...Credit Suisse is bit surprised with Hertz Global Holdings, Inc (NYSE: HTZ)’s CEO change announcement and is wondering whether the management change is a solution to its problems. A Continuation Of A Trend The Estero, Florida-based rental car company named Kathryn Marinello as new CEO,...
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Robert Half Downgraded On Lack Of Catalysts At Credit Suisse
Monday, October 3, 2016 - 8:23am | 317Read More...Credit Suisse’s Anjaneya Singh believes that Robert Half International Inc. (NYSE: RHI) has low exposure to early cycle geographies although more resilient verticals, which suggests that the company is likely to see fewer catalysts and higher downside risk in a slowing labor market. Singh...
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Credit Suisse Downgrades Hertz Amid 'Lower Confidence In Outlook'
Tuesday, April 12, 2016 - 10:27am | 302Read More...Hertz Global Holdings Inc (NYSE: HTZ) preannounced its Q1 results on Tuesday, while reducing its top line guidance for 2016. Credit Suisse’s Anjaneya Singh downgraded the rating on the company from Outperform to Neutral, while lowering the price target from $15 to $12. 1Q...
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Is Avis A Buy Now?
Thursday, February 25, 2016 - 11:44am | 595Read More...Avis Budget Group Inc. (NASDAQ: CAR) reported broadly in-line 4Q results, while announcing its 2016 guidance short of consensus expectations. The company reported adj. EPS of $0.18, ahead of the Street's $0.17, mainly on account of lower interest expense. Americas pricing declined about 1...
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UPDATE: Credit Suisse Reiterates Neutral Rating, Lowers PT IHS Inc. On Lowered FY15 Guidance
Wednesday, March 25, 2015 - 9:14am | 114Read More...In a report published Wednesday, Credit Suisse analyst Anjaneya Singh reiterated a Neutral rating on IHS Inc. (NYSE: IHS), but lowered the price target from $130.00 to $122.00. In the report, Credit Suisse noted, "IHS's lowered FY15 guidance incorporates an incremental $35mm FX drag, with the...
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Jobs Strength Makes Credit Suisse 'Comfortable' With Robert Half International
Tuesday, February 10, 2015 - 10:02am | 122Read More...In a report published Tuesday, Credit Suisse analyst Anjaneya Singh reiterated a Neutral rating on Robert Half International (NYSE: RHI), and raised the price target from $61.00 to $65.00. In the report, Credit Suisse noted, "While there is no denying the strength of the US economy, as Friday's...
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UPDATE: Credit Suisse Reiterates On H&R Block Following Analyst Day
Wednesday, December 10, 2014 - 10:41am | 140Read More...In a report published Wednesday, Credit Suisse analyst Anjaneya Singh reiterated an Outperform rating on H&R Block (NYSE: HRB), but lowered the price target from $38.00 to $37.00. In the report, Credit Suisse noted, “We adjust our estimates per guidance and commentary. Our FY15 estimate goes to...
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UPDATE: Credit Suisse Initiates Coverage On Avis Budget Group As Stock Is Still Accelerating Globally
Thursday, December 4, 2014 - 9:02am | 102Read More...In a report published Thursday, Credit Suisse analyst Anjaneya Singh initiated coverage on Avis Budget Group Inc. (NASDAQ: CAR) with an Outperform rating and $72.00 price target. In the report, Credit Suisse noted, “We believe that the healthy NA pricing gains that CAR has seen in FY14 YTD (~2%)...
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UPDATE: Credit Suisse Initiates Coverage on Nord Anglia Education on Premium British Education for the Masses
Friday, April 25, 2014 - 8:55am | 159Read More...In a report published Friday, Credit Suisse analyst Anjaneya Singh initiated coverage on Nord Anglia Education (NYSE: NORD) with an Outperform rating and $25.00 price target. In the report, Credit Suisse noted, “Initiating coverage with an Outperform rating and a $25 target price. NORD is a...
