Macquarie Equities Research

In a report published Thursday, Macquarie Equities Research analyst Laurent Vasilescu upgraded Nike (NYSE: NKE) from Neutral to Outperform and raised the price target from $80.00 to $84.00 due to international expansion and recent stock action. Vasilescu noted his optimism on Nike's acceleration...

Macquarie Equities Research analyst Kevin Smithen downgraded Sprint (NYSE: S) from Outperform to Neutral. Smithen commented, "We are downgrading shares of Sprint to Neutral as the stock has climbed over 8% above our $7.75 TP. Given the limited float and high short interest, we would caution...

Macquarie Equities Research analyst Kevin Smithen downgraded BlackBerry Limited (NASDAQ: BBRY) from Neutral to Underperform, reduced subscriber forecast for end-F15, and lowered the price target from $7.00 to $5.50. Smithen noted that although John Chen is regarded highly, Macquarie does not see...

Macquarie Equities Research is out with an investor note this morning lowering their stock price expectations for Alcoa (NYSE: AA) who just reported earnings yesterday, after the bell. The company’s EPS was in line with expectations, but revenues missed once again sparking some selling in the name...

Analysts at Macquarie Equities Research have upgraded aluminum giant Alcoa (NYSE: AA) from Underperform to Neutral and assigned a price target of $16.00. The improvement in outlook is driven by Macquarie’s commodity research teams who have forecasted higher aluminum prices. Alcoa’s valuations have...