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Fortive Posts Q4 EPS Beat, Sales Miss: Analysts Expect China To Remain A Headwind
Monday, February 10, 2025 - 12:41pm | 386Shares of Fortive Corp (NYSE:FTV) were climbing in early trading on Monday, despite the company reporting disappointing fourth-quarter revenues. Here are some key analyst takeaways: RBC Capital Markets analyst Deane Dray reiterated a Sector Perform rating, while raising the price target from $77...
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Top 7 Blue-Chip Stocks With The Best Return Potential Going Into 2025
Wednesday, December 25, 2024 - 10:00am | 2500The year 2024 saw the U.S. stock market make new records, with major indices breaching key milestones. While many stocks witnessed a stellar rally this year, analysts still expect some blue-chip equities to rise further as they forecast a better return potential. Dow’s Performance In 2024 The...
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Infrastructure Construction Company MasTec Is Poised For Double Digit Margin Expansion, Analyst Says
Tuesday, November 5, 2024 - 12:32pm | 406Shares of MasTec Inc (NYSE:MTZ) continued their upward trajectory in early trading on Tuesday, after climbing last week on the company's raised 2024 adjusted earnings guidance. Despite the recent rally, the stock has more runway. The Coral Gables, Florida-based company's Power Delivery, Clean...
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Caterpillar Is 'Holding The Line' On Earnings, Despite Macro Slowdown: Analyst Takeaways From Q2 Results
Wednesday, August 7, 2024 - 2:08pm | 664Caterpillar Inc. (NYSE:CAT) shares are climbing on Wednesday, after the company reported strong second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On Caterpillar Analyst Michael Feniger reiterated a Buy rating while...
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'Caterpillar's Entire Portfolio Benefits': Analyst Foresees 'Decade Of The Infrastructure Renaissance'
Thursday, March 14, 2024 - 11:13am | 306Caterpillar Inc. (NYSE: CAT) has been in focus as being among the beneficiaries of the AI wave. While the company’s earnings are likely to be supported by “strong secular tailwinds,” the market seems to underappreciate its earnings power, according to Truist Securities. The...
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Goldman Downgrades Illinois Tool Works, Credit Suisse Lowers Price Target After Sales, Guidance Miss
Tuesday, July 24, 2018 - 3:07pm | 521Illinois Tool Works Inc. (NYSE: ITW) reported second-quarter results that sent the stock lower Monday and prompted a downgrade from Goldman Sachs and a price target reduction from Credit Suisse. The Analyst Goldman Sachs' Joe Ritchie downgraded Illinois Tool Works from Buy to Neutral...
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Credit Suisse Expects Fluor Corporation Will Be Boosted By Energy Sector Spending
Thursday, January 18, 2018 - 4:50pm | 366Fluor Corporation (NYSE: FLR) has signed a contract with Royal Dutch Shell plc (ADR) (NYSE: RDS.A) for the engineering, procurement and fabrication of its Penguins floating production storage and offloading vessel in the North Sea. The Analyst Credit Suisse's Jamie Cook upgraded Fluor...
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Caterpillar Crushes Estimates With Q3 Beat And Raise
Tuesday, October 24, 2017 - 10:35am | 358Shares of Caterpillar Inc. (NYSE: CAT) gained more than 5 percent Tuesday morning and hit a new all-time high of $140.44 after the company impressed investors in its third-quarter earnings report. Investors have plenty of reasons to be impressed with the earnings report which Caterpillar "crushed...
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Time For Profit Taking In Deere Shares?
Monday, August 21, 2017 - 2:37pm | 336Deere & Company (NYSE: DE) shares were up more than 50 percent in the past year prior to a 5.3 percent Friday sell-off in the wake of a disappointing earnings report. Now that the numbers are out, Deere investors must decide whether or not to join the ranks of the profit takers. Unfortunately,...
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Babcock & Wilcox May Have Less Upside Than Its Peers
Thursday, October 13, 2016 - 9:47am | 336Babcock & Wilcox Enterprises Inc’s (NYSE: BW) equipment and aftermarket power businesses are likely to continue facing secular headwinds; and the company’s diversification strategy could take time to pay off, Credit Suisse’s Jamie Cook said in a report. He downgraded the...
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Oshkosh Gets Credit Suisse Upgrade Following Selloff
Monday, September 26, 2016 - 8:50am | 366Credit Suisse’s Jamie Cook believes the 11 percent selloff in Oshkosh Corp (NYSE: OSK) shares on September 23, following the company’s “disappointing but realistic” FY17 and long-term guidance, was overdone. Cook upgraded the rating on the company from Underperform to...
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Barron's Picks And Pans: CBS, Capital One, Spirit Airlines And More
Sunday, September 25, 2016 - 6:48pm | 688This weekend's Barron's cover story ponders the outcome of a potential mega media merger. The prospects for a financial-services hybrid, an ultra-low-fare carrier and an aerospace parts distributor are also examined. And see which industrial giants may benefit from a coming surge in...
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Credit Suisse Downgrades McDermott, Manitowoc
Monday, April 4, 2016 - 11:11am | 350Credit Suisse’s Jamie Cook downgraded the ratings for both Manitowoc Company Inc (NYSE: MTW) and McDermott International (NYSE: MDR) from Outperform to Neutral. Manitowoc The price target has been reduced from $5.10 to $4.24. Analyst Jamie Cook mentioned that the company had...
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New Caterpillar Dealer Survey Means Stock Is Worth Almost $90
Monday, April 4, 2016 - 9:27am | 337Caterpillar Inc. (NYSE: CAT) Dealer Survey highlights mixed results in the US and a downturn in the Overseas business. Credit Suisse’s Jamie Cook maintained an Outperform rating for the company, while raising the price target from $72 to $87. Caterpillar’s performance during 1Q16...
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Caterpillar Has Various Levers To Pull If Demand Falls Further, Says Credit Suisse
Wednesday, February 17, 2016 - 4:23pm | 347Caterpillar Inc. (NYSE: CAT) has various levers to pull, including incremental restructuring, if demand falls further, according to Credit Suisse analyst Jamie Cook. "While CAT is committed to its outlook provided on the Q4'15 EPS call, if demand were to demand deteriorates further, there are...