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After A Mixed Q1 Print, Drexel Hamilton Says SAIC Shares Are Fairly Valued
Wednesday, June 13, 2018 - 10:08am | 354Science Applications International Corp (NYSE: SAIC) reported Tuesday after the close with above-consensus first-quarter revenue and adjusted earnings per share. The Analyst Drexel Hamilton analyst Brian Ruttenbur downgraded SAIC from Buy to Hold. The Thesis SAIC's Q1 book-to-...
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7 Top Picks For 2018 And Their Corresponding ETFs
Friday, January 5, 2018 - 2:37pm | 733Traders are busy building out brackets for 2018’s best competing stocks. Some bet on FireEye Inc (NASDAQ: FEYE) and CBS Corporation (NYSE: CBS), others bet against bitcoin. Here’s what Drexel Hamilton had to say. The Rating Drexel Hamilton earlier this week named its top industry Buys...
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Booz Allen Shares And The 'Trump Bump': Higher Defense Budgets To Benefit Stock
Thursday, December 29, 2016 - 1:01pm | 322Brian Ruttenbur of Drexel Hamilton maintains his Buy rating on Booz Allen Hamilton Holding Corporation (NYSE: BAH) shares as the company is expected to benefit from potential increase in defense budgets and corporate tax reform under the Trump presidency. Rating Justification: The Trump Bump...
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Amid Gun Sale Slowdown, How Should You Play Sturm, Ruger?
Monday, June 6, 2016 - 10:23am | 298Now may be the time for Sturm, Ruger & Company (NYSE: RGR) to take advantage of the stock’s 7.8 percent gain this year and lock in some profits. BB&T analyst Brian Ruttenbur has downgraded the stock from Buy to Hold and sees a cyclical downturn ahead for gun makers. While BB&T...
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Smith & Wesson Stock Getting Killed By This Research
Monday, April 4, 2016 - 12:41pm | 364BB&T Capital downgraded gun maker Smith & Wesson Holding Corp (NASDAQ: SWHC) to Hold from Buy, citing limited sales upside in the near-term due to lack of internal inventory. The brokerage also noted the recent insider activity suggests that the shares have limited upside potential from...
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UPDATE: CRT Capital Upgrades Sturm, Ruger & Company As Industry Outlook Continues To Improve
Thursday, March 5, 2015 - 10:28am | 146In a report published Thursday, CRT Capital analyst Brian Ruttenbur upgraded the rating on Sturm, Ruger & Company (NYSE: RGR) from Fair Value to Buy, and raised the price target from $54.00 to $62.00. In the report, CRT Capital noted, "We have increased our price target on shares of RGR to $62...
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UPDATE: CRT Downgrades Verint Systems
Thursday, November 13, 2014 - 12:48pm | 214CRT Capital downgraded Verint Systems Inc. (NASDAQ: VRNT) Thursday from Buy to Fair Value and maintained a $60 price target. Analysts Brian Ruttenbur and Corey Allen indicated that “shares are fully valued, in our view, trading at 17.6x FY 2015 pro forma EPS.” Ruttenbur noted that...
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UPDATE: CRT Capital Reiterates On ViaSat Following Q2:15 Earnings
Monday, November 10, 2014 - 11:00am | 147In a report published Monday, CRT Capital analyst Brian Ruttenbur reiterated a Fair Value rating on ViaSat (NASDAQ: VSAT), and raised the price target from $50.00 to $65.00. In the report, CRT Capital noted, “ViaSat reported essentially in-line Q2:15 earnings, when adjusted for a litigation...
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UPDATE: CRT Capital Upgrades L-3 Communications
Monday, October 13, 2014 - 5:20pm | 156L-3 Communications Holdings, Inc. (NYSE: LLL) was upgraded to Fair Value by CRT Capital on Monday with the price target raised from $90 to $115. Analysts Brian Ruttenbur and Corey Allen felt that "while additional fines and penalties are possible as well as increased expenses to upgrade...
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UPDATE: CRT Initiates Coverage On ORBCOMM Inc
Tuesday, September 30, 2014 - 11:36am | 227CRT on Tuesday initiated coverage on ORBCOMM Inc (NASDAQ: ORBC) with a Buy rating and $9 price target. Analysts Brian Ruttenbur and Corey Allen felt that ORBCOMM is “extremely well-positioned for growth” in the Machine-to-Machine (M2M) market as a leading provider with “...
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Commercial Drone Industry Ready for Takeoff in the U.S.
Monday, December 2, 2013 - 3:21pm | 1016The interview with Amazon (NASDAQ: AMZN) CEO Jeff Bezos that aired Sunday on CBS' (NYSE: CBS) 60 Minutes is getting a lot of buzz on the internet; especially his unveiling of a company package delivery system using unmanned drones. While Bezos acknowledges such a drone delivery system is still...
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Morgan Keegan Downgrades NICE Systems (NICE)
Wednesday, March 24, 2010 - 9:41am | 148Analysts Brian Ruttenbur and Peter Kostiuk of Morgan Keegan downgraded NICE Systems (NASDAQ: NICE) to Market Perform. This is based on the recent news that Avaya, NICE’s largest customer, intends to develop its own enterprise solutions software instead of relying on NICE. This could impact NICE’s...