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New Guidance Leads Avondale To Upgrade Matrix Service Co.
Friday, May 6, 2016 - 11:23am | 324Avondale Partners has upgraded Matrix Service Co (NASDAQ: MTRX) to Market Outperform, despite weak third-quarter results and a guidance cut. The firm cited attractive valuation on the new guidance as justification for the upgrade. The shares rose 7 percent in Friday's morning trade. The brokerage...
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LSB Industries: Nearing The Gate Of El Dorado?
Friday, May 6, 2016 - 10:42am | 307Avondale Partners added LSB Industries, Inc. (NYSE: LXU) to its Conviction List, as ammonia production has been confirmed. "At current levels, LXU makes for an attractive investment for the next year but we are adding it to our Conviction List given the likelihood of near term positive news and the...
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3 Pipeline Stocks That Will Win From Sheehan Pipeline's Bankruptcy
Wednesday, April 20, 2016 - 8:58am | 226Primoris Services Corp (NASDAQ: PRIM), Quanta Services Inc (NYSE: PWR) and MasTec, Inc. (NYSE: MTZ) would be the key beneficiaries from the bankruptcy filing of Sheehan Pipeline Construction Company, according to a note from Avondale Partners. Analyst Daniel Mannes noted that Sheehan, which filed...