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Buckingham Turns Bullish On Navistar After Strong Q3
Friday, September 7, 2018 - 11:26am | 336Read More...Navistar International Corp (NYSE: NAV) reported fiscal third-quarter earnings Thursday that foreshadow a large uptick in EBITDA in the coming year, according to Buckingham Research Group. The Analyst Analyst Neil Frohnapple upgraded Navistar from Neutral to Buy with an...
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Oshkosh Provides 'Even Risk/Reward,' According To Buckingham
Tuesday, August 28, 2018 - 12:44pm | 322Read More...According to analysts from Buckingham Research Group, industrial company Oshkosh Corp. (NYSE: OSK) represents a fairly balanced risk/reward profile. The Analyst Analyst Neil Frohnapple initiated coverage on Oshkosh with a Neutral rating and a $76 price target. The Thesis Frohnapple remains...
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Buckingham Upgrades United Rentals, Herc Holdings On Encouraging Sector Trends
Friday, July 13, 2018 - 4:13pm | 502Read More...Herc Holdings Inc (NYSE: HRI) and United Rentals, Inc. (NYSE: URI) picked up a sell-side upgrade Friday on projections of higher equipment rental rates. The Analyst Buckingham Research Group's Neil Frohnapple upgraded United Rentals and Herc Holdings from Neutral to Buy....
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Analyst: Cummins' Earnings Visibility Clouded By Overhang, Peaking End Markets
Wednesday, May 2, 2018 - 4:29pm | 362Read More...Ongoing uncertainty in a product campaign could act as an overhang on Cummins Inc (NYSE: CMI)’s earnings, according to Buckingham Research Group. The Analyst Buckingham's Neil Frohnapple downgraded Cummins from Buy to Neutral and lowered the stock’s price target from $205 to...
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Buckingham: Caterpillar Set To Deliver 30% EPS Growth This Year
Wednesday, April 11, 2018 - 11:16am | 450Read More...The underperformance of Caterpillar Inc. (NYSE: CAT) shares since its fourth-quarter earnings release in late January provides a buying opportunity for a company still in the early stages of a multiyear earnings expansion story, according to Buckingham Research Group. The Analyst Analyst...
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A Few Positive Aspects Of Parker-Hannifin Already Priced In; Buckingham Downgrades
Friday, January 19, 2018 - 3:16pm | 340Read More...With shares of Parker-Hannifin Corp (NYSE: PH) hitting Buckingham's price target, the firm said it's stepping to the sidelines. The Analyst Buckingham Research analyst Neil Frohnapple downgraded Parker-Hannifin from Buy to Neutral. The Thesis Parker-Hannifin stock has performed...
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Analyst: WABCO Could Get A Boost From Tesla's Semi
Monday, November 20, 2017 - 9:45am | 384Read More...Tesla Inc (NASDAQ: TSLA)’s Class 8 semi rollout is the bane of the trucking industry. With early orders from the likes of Wal-Mart Stores Inc (NYSE: WMT) and J B Hunt Transport Services Inc (NASDAQ: JBHT), the automaker stands to poach market share from PACCAR Inc (NASDAQ: PCAR), Navistar...
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The Future Of Trucking? Wall Street Weighs In On Tesla Semi, Roadster Unveiling
Friday, November 17, 2017 - 3:02pm | 1055Read More...The reveal of Tesla Inc (NASDAQ: TSLA)'s Semi and Roadster met wide enthusiasm. J B Hunt Transport Services Inc (NASDAQ: JBHT) and Wal-Mart Stores Inc (NYSE: WMT) pre-ordered the electric truck within the first 24 hours, and Tesla’s stock spiked as much as 4.3 percent. But the Street,...
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Watch Out Below? Longbow Analysts Downgrade United Rentals Two Weeks After Upgrading It
Friday, January 29, 2016 - 11:59am | 279Read More...The share price of United Rentals, Inc. (NYSE: URI) has declined 45.9 percent over the past year, to a low of $45.58 on Thursday. Longbow’s Neil Frohnapple has downgraded the rating on the company from Buy to Neutral. The downgrade is based on the lower-than-anticipated rental rate...
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Dealers Expect Cummins To Lose More Market Share This Year, New Data Shows
Monday, January 25, 2016 - 11:43am | 286Read More...Shares of Cummins Inc (NYSE: CMI) have been steadily declining in the past one year and are down 41 percent. Longbrow Research’s Neil Frohnapple maintained a Neutral rating on the company. Frohnapple expects Cummins to continue losing market share due to vertical integration from...
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Meritor Is 'Executing In A Difficult Environment,' So Give It A Look Investors
Friday, August 14, 2015 - 12:38pm | 303Read More...In a report published Friday, Longbow Research analyst Neil Frohnapple upgraded shares of Meritor Inc (NYSE: MTOR) to Buy from Neutral with a newly established $17 price target as the company is positioned to deliver faster earnings growth versus its peers. According to Frohnapple, Meritor now...
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Thursday's Calls Of Note: Wall Street Research On Airlines, Steel, Semis & More
Thursday, July 30, 2015 - 10:10am | 1616Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Longbow: ‘Great Execution' Supports Owning Western Digital Joe Wittine of Longbow Research maintained a Buy rating on...
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UPDATE: Beacon Roofing Supply Upgraded At Longbow
Monday, May 19, 2014 - 8:28am | 120Read More...In a report issued Monday, Longbow upgraded Beacon Roofing Supply (NASDAQ: BECN) to a Buy rating with a target price of $42. Analyst Neil Frohnapple sees that accelerating revenue growth and improving gross margin should continue to drive shares of Beacon higher, while current levels offer a "...
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UPDATE: Longbow Research Upgrades Beacon Roofing Supply On Attractive Risk/Reward Profile
Monday, May 19, 2014 - 8:22am | 130Read More...In a report published Monday, Longbow Research analyst Neil Frohnapple upgraded the rating on Beacon Roofing Supply (NASDAQ: BECN) from Neutral to Buy, and named a $42.00 price target. In the report, Longbow Research noted, “We are upgrading Beacon Roofing Supply to a BUY rating as the risk/reward...
