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Citi Sees Beazer Homes USA (BZH) Fundamentals Improving
Tuesday, May 18, 2010 - 11:58am | 167Citi Investment Research & Analysis analyst Josh Levin upgraded his rating for shares of Beazer Homes USA, Inc. (NYSE: BZH) to Buy, from the previous rating of Hold, with an unchanged price target of $7 per share. Levin upgraded Beazer Homes USA, Inc. based on valuation and said that the stock...
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JBL Sees Margin Expansion Following Restructuring Efforts
Tuesday, December 22, 2009 - 4:16pm | 140Analysts at Citi Investment Research & Analysis maintained their "buy" rating on Jabil Circuit Inc (NYSE: JBL), while raising their estimates for the company. The target price for JBL has been raised from $16 to $19. Jabil Circuit reported its 1Q10 EPS ahead of the consensus, driven by better-...
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COV To Enjoy Significant Margin Expansion
Tuesday, December 22, 2009 - 4:11pm | 125Analyst Matthew J Dodds of Citi Investment Research & Analysis maintains his "buy" rating on Covidien Ltd (NYSE: COV), while raising his estimates for the company. The target price for COV has been raised from $53 to $56. According to Citi Investment Research & Analysis, Covidien’s gross...
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MMM Executes Well, Upside to 2010 Expectations
Friday, December 4, 2009 - 3:29pm | 116Analysts at Citi Investment Research & Analysis maintain their “hold” rating on 3M Co (NYSE: MMM). The target price for MMM is set to $84. According to Citi Investment Research & Analysis, 3M has begun to see stabilization in its businesses. Recent industry results suggest that North...
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CIEN Wins Acquisition of NT’s MEN Assets
Friday, December 4, 2009 - 3:27pm | 149Analysts at Citi Investment Research & Analysis maintain their “buy” rating on Ciena Corp (NASDAQ: CIEN). The target price for CIEN is set to $18.50. Ciena’s share price has declined substantially, following the company’s successful bid to acquire Nortel’s Metro Ethernet Networks (MEN) assets....
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BAC to Repay $45 billion TARP Preferreds
Thursday, December 3, 2009 - 2:43pm | 131Analysts at Citi Investment Research & Analysis maintain their “buy” rating on Bank of America Corp (NYSE: BAC), while adjusting their estimates for the company. The target price for BAC is set to $23. BAC has announced the government’s approval of its plan to repay its $45 billion TARP...
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Traffic and Same Store Sales of BJ Remain Healthy
Thursday, December 3, 2009 - 1:32pm | 132Analysts at Citi Investment Research & Analysis maintain their “hold” rating on BJ's Wholesale Club Inc (NYSE: BJ). The target price for BJ is set to $39. BJ's traffic trends, membership-fee income growth, and general merchandise same-store sales remain healthy. BJ’s operating cash flows for...