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UPDATE: BMC Initiates Ultra Petroleum at Hold
Monday, October 3, 2011 - 8:35am | 109BMC is out with its report today on Ultra Petroleum (NYSE: UPL), initiating UPL at Hold. In its report, BMC writes, "We are initiating coverage of Ultra Petroleum with a Hold Rating. Our estimated fair value is $41.40, which equals 60% of our per-share net asset value, which assumes a $5.00 per...
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UPDATE: BMC Initiates FX Energy at Buy
Monday, October 3, 2011 - 8:26am | 131BMC is out with its report today on FX Energy (NASDAQ: FXEN), initiating FXEN at Buy. In its report, BMC writes, "We are initiating coverage of FX Energy with a Buy rating and $9.25 target price, a 15% discount to our risked NAV of $11/share, which includes $7.00 per share for exploration upside....
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UPDATE: BMC Initiates Optimer Pharmaceuticals at Buy
Wednesday, September 21, 2011 - 7:28am | 80BMC is out with its report today on Optimer Pharmaceuticals (NASDAQ: OPTR), initiating OPTR at Buy. In its report, BMC writes, "We are initiating coverage of Optimer Pharmaceuticals with a Buy Rating and a $20 target price. Our positive opinion is based primarily on the opportunity for the company...
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BMC Maintains Buy on Pitney Bowes
Monday, August 29, 2011 - 7:39am | 127BMC is out with its report today on Pitney Bowes (NYSE: PBI), maintaining Buy. In its report, BMC writes, "After meeting with PBI, we feel net-positive about the PBI stock opportunity from these levels; key reasons include 1) 7%-8% dividend yield with defensible FCF, 2) 8x P/E and 6x EV/EBITDA are...
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UPDATE: BMC Reiterates Buy on Avnet, Slashes PT to $30
Thursday, August 11, 2011 - 7:01am | 61BMC reiterated its Buy rating on Avnet (NYSE: AVT). At the same time, the rating agency reduced its price target on the company's stock from $44 to $30. On Wednesday, AVT added 0.04% to its value to finish the day at $25.52. Its shares lost all of yesterday's losses in today's pre-market trading,...
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UPDATE: BMC Upgraded Aeropostale to Buy, New PT at $16
Tuesday, August 9, 2011 - 9:20am | 53BMC upgraded its rating on Aeropostale (NYSE: ARO) from Hold to Buy. At the same time, the rating agency has modified its price target to $16. On Monday, ARO closed the day at $11.79. Its shares added 1.44% to its value in today's pre-market trading to stand around $11.96.
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BMC Reiterates Buy on Pitney Bowes, Reduces PT to $25
Friday, August 5, 2011 - 7:28am | 58BMC reiterated its Buy rating on Pitney Bowes (NYSE: PBI). At the same time, the rating agency reduced its price target on the company's stock from $28 to $25. On Thursday, PBI lost 4.75% of its value to finish the day at $19.64. Its shares rebounded in today's pre-market trading, rising 1.83% to...
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BMC Reiterates Hold on Ingram Micro
Friday, July 29, 2011 - 6:28am | 47BMC reiterated its Hold rating on Ingram Micro (NYSE: IM). At the moment, the rating agency does not have a price target placed on the company's stock. On Thursday, IM lost 0.12% of its value to finish the day at $17.05.
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BMC Reiterates Hold on Eastman Kodak
Wednesday, July 27, 2011 - 6:11am | 48BMC reiterated its Hold rating on Eastman Kodak (NYSE: EK). At the same time, the rating agency does not have a price target placed on the company's stock. On Tuesday, EK added 2.58% to its value to finish the day at $2.39.
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BMC Reiterates Hold on Lexmark International
Wednesday, July 27, 2011 - 6:06am | 57BMC reiterated its Hold rating on Lexmark International (NYSE: LXK). At the moment, the rating agency does not have a price target placed on the company's stock. On Tuesday, LXK surged 17.65% to end the day at $33.93. Its shares continued to climb in today's pre-market trading, rising 0.24% to...
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BMC Reiterates Buy on Baidu, Raises PT to $175
Tuesday, July 26, 2011 - 9:32am | 45BMC reiterates its Buy rating on Baidu (NASDAQ: BIDU). At the same time, the rating agency raised its price target on the company's stock from $170 to $175. In today's trading, BIDU added 5.49% to its value to stand around $165.14.
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BMC Reiterates Buy and PT of $15 on Activision Blizzard
Monday, July 25, 2011 - 7:23am | 47BMC reiterated its Buy rating on Activision Blizzard (NASDAQ: ATVI). At the same time, the rating agency left its price target on the company's stock unchanged at $15. On Friday, ATVI added 0.59% to its value to end the week at $11.99.
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BMC Reiterates Hold on Electronic Arts
Monday, July 25, 2011 - 7:17am | 47BMC reiterated its Hold rating on Electronic Arts (NASDAQ: ERTS). At the moment, the rating agency does not have a price target placed on the company's stock. On Friday, ERTS added 0.17% to its value to finish the week at $23.93.
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BMC Reiterates Buy and PT of $5.50 on THQ
Monday, July 25, 2011 - 7:15am | 46BMC reiterated its Buy rating on THQ (NASDAQ: THQI). At the same time, the rating agency left its price target on the company's stock unchanged at $5.50. On Friday, THQI lost 0.93% of its value to finish the day at $3.19.
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BMC Reiterates Hold on Take-Two Interactive Software
Monday, July 25, 2011 - 7:11am | 48BMC reiterated its Hold rating on Take-Two Interactive Software (NASDAQ: TTWO). At the moment, the rating agency does not have a price target placed on the company's stock. On Friday, TTWO lost 0.85% of its value to finish the week at $14.08.