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Barclays Says It's Time To Reconsider General Electric's Stock
Monday, October 8, 2018 - 10:20am | 428Read More...It’s been a year to forget for General Electric Company (NYSE: GE) investors, but one Wall Street analyst say the phoenix may soon rise from the ashes. The Analyst Barclays analyst Julian Mitchell upgraded GE from Equal-Weight to Overweight and reiterated his price target of $16. The Thesis...
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Analyst: GE Has More 'Unpleasant Surprises' Ahead
Thursday, February 15, 2018 - 12:41pm | 398Read More...Despite General Electric Company (NYSE: GE)'s stock losing 15 percent of its value since the start of 2018 and more than 50 percent over the past year, Barclays isn't ready to recommend buying the stock. The Analyst Barclays' Julian Mitchell initiated coverage of General Electric...
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United Technologies For Rockwell Collins: Deal Or No Deal?
Friday, September 1, 2017 - 11:13am | 499Read More...It has been roughly a month since reports of a potential merger between United Technologies Corporation (NYSE: UTX) and Rockwell Collins, Inc. (NYSE: COL) first surfaced. Merger rumors have heated up this week, with the Wall Street Journal reporting a buyout price of $140 or less for Rockwell...
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Analyst Says General Electric Should Be Up Slightly On Q2 Print; It Isn't
Friday, July 21, 2017 - 1:57pm | 408Read More...General Electric Company (NYSE: GE) reported EPS and sales beats for the second quarter on Friday morning and reiterated fiscal 2017 guidance for of $1.60–1.70 EPS. Credit Suisse analyst Julian Mitchell soon followed the earnings report with a note. Mitchell maintains his Outperform rating...
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The Sell-Side Bulls Are Out In Force For Gardner Denver With A Slew Of Positive Initiations
Tuesday, June 6, 2017 - 4:30pm | 583Read More...Gardner Denver Holdings Inc (NYSE: GDI), an industrial machinery maker, completed its initial public offering in early May. A slew of sell-side reports were released Tuesday, with the general consensus being bullish. Credit Suisse: Neutral Credit Suisse's Julian Mitchell initiated coverage of...
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Why The GE-Baker Hughes Deal Is So Complicated
Tuesday, November 1, 2016 - 2:26pm | 624Read More...General Electric Company (NYSE: GE) is merging its oil and gas (O&G) business with Baker Hughes Incorporated (NYSE: BHI) in a complex deal, creating a “digital industrial company” in the oilfield services sector and a stronger rival to Schlumberger Limited. (NYSE: SLB). Baker Hughes...
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Guidance Adjustments From Honeywell Reinforce Concerns At Credit Suisse
Friday, October 7, 2016 - 1:58pm | 375Read More...Credit Suisse said in a note on Friday that Honeywell International Inc. (NYSE: HON) faces concerns regarding under-investment. Additionally, the firm is of the view that its aerospace multiple may recouple with pure-play aerospace companies, which had de-rated this year due to soft demand outlook...
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Pentair Initiated Neutral At Credit Suisse
Monday, September 26, 2016 - 8:56am | 465Read More...Credit Suisse initiated coverage of Pentair plc. Ordinary Share (NYSE: PNR) with a Neutral rating and $66 target price, saying that the sales out-growth is unlikely to accelerate. The brokerage said Pentair's sales ex-V&C have outgrown EE/MI peers in recent years by about 50bps due to its low...
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Johnson Controls Upgraded On These 2 September Catalysts
Tuesday, August 23, 2016 - 8:24am | 371Read More...A couple of catalysts upcoming in September should result in a rebound in Johnson Controls Inc’s (NYSE: JCI) share price performance by yearend, Credit Suisse’s Julian Mitchell said in a report. He maintained an Outperform rating and a $52 target price for the company, while adding...
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'Few Catalysts Ahead' In Emerson; Credit Suisse Downgrades To Neutral
Friday, August 19, 2016 - 8:06am | 301Read More...Emerson Electric Co. (NYSE: EMR) announced plans to acquire Pentair Plc’s (NYSE: PNR) Valves & Controls business for $3.15 billion. Credit Suisse’s Julian Mitchell downgraded the rating on Emerson from Outperform to Neutral, while maintained the price target at $57. Analyst...
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Johnson Controls Shares Rally As Credit Suisse Upgrades To Outperform
Tuesday, May 24, 2016 - 3:38pm | 259Read More...Shares of Johnson Controls Inc (NYSE: JCI) rose more than 2 percent after Credit Suisse upgraded the stock to Outperform from Neutral, saying that TYC and Adient synergies may be "free" at the current price. "[W]e have had a number of concerns regarding the TYC merger, but we think that many of...
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United Technologies To Remain High Disciplined In M&A Markets, Credit Suisse Predicts
Monday, March 21, 2016 - 11:22am | 335Read More...Credit Suisse’s Julian Mitchell maintained a Neutral rating for United Technologies Corporation (NYSE: UTX), with a price target of $102, following investor meetings with CEO Greg Hayes in Europe. “Following considerable changes / surprises in 2015 (segment leadership, Sikorsky,...
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Honeywell Could Up Its Bid For United Technologies, Credit Suisse Says
Monday, February 29, 2016 - 10:56am | 296Read More...Commenting on the proposed merger by Honeywell International Inc. (NYSE: HON), Credit Suisse’s Julian Mitchell mentioned that the value creation for United Technologies Corporation (NYSE: UTX) shareholders would be closer to the $10-15bn mark, once synergies are adjusted for divestments...
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Is The Electrical Equipment Sector Flickering? Credit Suisse Illuminates '16 Outlook
Monday, December 14, 2015 - 1:43pm | 596Read More...Julian Mitchell of Credit Suisse commented in a note that trends within the electrical equipment sector remain challenging. Mitchell's 2016 earnings per share estimates for the group are on average 3 percent below those of the Street. The analyst added that a "more muted" pricing and rising...
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Credit Suisse Still Likes General Electric, But Removes Stock From Focus List
Monday, November 23, 2015 - 9:33am | 305Read More...Shares of General Electric Company (NYSE: GE) are up 21 percent year-to-date and trading close to their 52-week high of $30.99. Credit Suisse’s Julian Mitchell maintained an Outperform rating on the company, but removed it from the Focus List, while raising the price target from $31 to...
