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Short Interest Swings in Defense Stocks (BA, FLIR, HII)
Wednesday, March 27, 2013 - 2:05pm | 903By and large short sellers of defense stocks were not spurred to further action when the federal budget sequester went into effect. The number of shares sold short in Alliant Techsystems (NYSE: ATK), Esterline Technologies (NYSE: ESL) and General Dynamics (NYSE: GD) increased somewhat between...
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Short Interest Swings in Defense Stocks (FLIR, GD, HXL)
Wednesday, March 13, 2013 - 12:31pm | 862The short interest in defense companies was mixed during the weeks leading up to the federal budget sequester. The number of shares sold short in Alliant Techsystems (NYSE: ATK), Boeing (NYSE: BA), L-3 Communications (NYSE: LLL), Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN), Textron (NYSE:...
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Jefferies Lowers PT On Cytec To $64
Tuesday, June 28, 2011 - 6:26am | 26Jefferies & Company has lowered the price target on Cytec (NYSE: CYT) from $65 to $64 and maintains its Buy rating.
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Deutsche Bank Reports On CYT CEO Meetings
Monday, March 28, 2011 - 7:57am | 97Deutsche Bank has issued a report on their findings following meetings with Cytec Industries' (NYSE: CYT) CEO. According to Deutsche Bank, "Meetings with Cytec's CEO reinforced our confidence that while challenges continue in Coating Resins, the business will either be fixed or sold as in the CEO'...
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Jefferies Raises CYT Target To $65 From $59
Monday, January 31, 2011 - 11:38am | 58Jefferies is raising its PT on Cytec Industries Inc. (NYSE: CYT) to $65 from $59. “Adjusted Q4 EPS of $0.83 was $0.26 above our estimate and $0.22 above consensus,” Jefferies writes. “To reflect the anticipated divestiture of Building Blocks ($0.40 EPS contribution in 2011), we are lowering 2011E $...
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Cytec One Of Best Performers In Chemical Space, Credit Suisse Reports
Monday, January 3, 2011 - 10:41am | 161Today, Credit Suisse is publishing its 2011 Outlook report on the Chemical Space that includes “our updated thoughts for the group as a whole and each company in our coverage universe, our revised price targets as well as our updated 2010, 2011 and 2012 EPS forecasts.” “Despite a bit of a rocky end...
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Jefferies & Co. Meets With Cytec Management
Wednesday, November 10, 2010 - 9:15am | 164Jefferies & Company has published a research report on Cytec Industries, Inc. (NYSE: CYT) after meeting with company management. In the report, Jefferies writes "We recently hosted a meeting with Cytec CEO Shane Fleming and CFO Dave Drillock. Key topics included demand fundamentals (in line),...
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Goldman Sachs Lowers Cytec Industries Estimates
Monday, October 25, 2010 - 9:57am | 131Goldman Sachs is lowering its Cytec Industries, Inc. (NYSE: CYT) 2010/2011/2012 EPS estimates to $3.46/$3.90/$4.04 from $3.69/$4.18/$4.73 based on a lower 3Q results and latest guidance issued by the company. “We are also lowering our 12-month price target to $57 from $59, which is based on SOTP...