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Actuant Is On Track For An Earnings Recovery
Tuesday, December 27, 2016 - 9:33am | 278Aegis Capital maintains its Buy rating on Actuant Corporation (NYSE: ATU), saying the company’s first-quarter results showed further signs of stabilization in its key end-markets and reaffirmed the brokerage’s thesis of earnings rebound in the second-half of fiscal year 2017. “We...
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Avondale Still Believes Joy Global Will Outperform Machinery Peers
Monday, May 2, 2016 - 11:10am | 208Avondale Partners’ Igor Maryasis believes at its current levels, Joy Global Inc. (NYSE: JOY)'s stock valuation already reflects the signs of stabilization in the bookings at the Services business that began to emerge in late 2015. Maryasis maintained a Market Outperform rating on the...
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Avondale Initiates Parker-Hannifin, Says Co. Has 'Ample Firepower On The M&A Front'
Thursday, April 7, 2016 - 6:19pm | 174Parker-Hannifin Corp (NYSE: PH) was initiated Thursday after hours by Avondale Partners. Analyst Igor Maryasis rates Parker-Hannifin at Market Perform with a $120 price target. He believes the company is well positioned for rebound in Diversified Industrials Sector. Shares of Parker Hannifin...