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Baird Upgrades SiteOne Landscape Supply, Says Concerns Appear Overdone
Tuesday, June 25, 2019 - 3:43pm | 330Read More...Shares of SiteOne Landscape Supply Inc (NYSE: SITE) have underperformed the market over the past year. Although SiteOne Landscape Supply’s performance in the second quarter is likely to have been impacted by unfavorable weather, investor concerns appear overdone. The Analyst Baird’s...
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Look For A 'Slow Bleed' Lower For Stericycle Shares Despite Q1 Beat
Friday, May 5, 2017 - 11:54am | 380Read More...Baird's David Manthey downgraded shares of Stericycle Inc (NASDAQ: SRCL), the largest provider of regulated medical waste management, from Neutral to Underperform with a price target lowered from $74 to $73. According to Manthey, the company has developed an unfavorable reputation of consistently "...
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Baird Goes Neutral On Air Products And Chemicals, Cites More Exposure To Sluggish Global Economy
Monday, January 30, 2017 - 11:59am | 292Read More...Baird has downgraded Air Products & Chemicals, Inc. (NYSE: APD) to Neutral, saying the company’s margin improvement catalysts have substantially played out and the company is more exposed to the sluggish global economic trends. The downgrade follows Air Products’ first-quarter...
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Fastenal's Q3 Results Fail To Signal An Inflection Point In Demand
Wednesday, October 12, 2016 - 12:50pm | 263Read More...David Manthey of Baird maintained a Neutral rating on Fastenal Company (NASDAQ: FAST) with an unchanged $45 price target after the company's third quarter results came in slightly below his expectations. Specifically, the company earned $0.44 per share on revenue of $1.01 billion and...
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Why USG's L&W Sale Affects GMS
Wednesday, August 31, 2016 - 12:08pm | 316Read More...The USG Corporation (NYSE: USG)'s sale of its captive wallboard distributor L&W to ABC Supply is "optically positive" for GMS Inc (NYSE: GMS), according to a Baird research note. However, the sale will make ABC more competitive in the wallboard distribution over the long term, as it may push L...
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Baird's Roofing Survey Positive For Beacon Roofing, Carlisle Quarterly EPS
Wednesday, July 6, 2016 - 3:46pm | 417Read More...The second-quarter Baird roofing survey indicated overall roofing revenues were up low single-digits in the quarter, importantly including mid-single-digit growth in shingles. The survey also suggested nonresidential volume growth was in the low-single-digit range. This bodes well for the upcoming...
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Baird Initiates SiteOne Landscape With Outperform Rating, $38 Target
Monday, June 6, 2016 - 3:58pm | 205Read More...Investors in SiteOne Landscape Supply Inc (NYSE: SITE) have given a collective cheer Monday as the sell-side's IPO quiet period expired. While almost every sell-side firm initiated coverage with a bullish recommendation (Goldman Sachs was the sole Neutral-rated recommendation), one analyst...
