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Morgan Stanley Maintains on Caterpillar
Tuesday, January 21, 2014 - 11:58am | 215In a report published Tuesday, Morgan Stanley analyst Nicole DeBlase maintained an Equal-weight rating on Caterpillar (NYSE: CAT), with a $86.00 price target as a 4Q13 earnings preview suggests. According to the report, analysts call for a $0.05 miss vs. cons in 4Q13 ($1.23 MSe), driven largely by...
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UPDATE: Morgan Stanley Upgrades Manitowoc
Wednesday, January 8, 2014 - 9:34am | 256In a report published Wednesday, Morgan Stanley analyst Nicole DeBlase upgraded Manitowoc Company (NYSE: MTW) to Overweight from Equal-weight, raising its price target to $30.00 from $23.00. According to the report, given a more bullish view on Non-Resi Construction and positive result from out...
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UPDATE: Morgan Stanley Initiates Coverage on United Rentals on FCF Allocation/Capex Discipline
Thursday, September 5, 2013 - 10:31am | 151In a report published Thursday, Morgan Stanley analyst Nicole DeBlase initiated coverage on United Rentals (NYSE: URI) with an Equal-Weight rating and $60.00 price target. In the report, Morgan Stanley noted, “We believe FCF allocation/capex discipline is key to the investment story. In our view,...
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UPDATE: Morgan Stanley Initiates Coverage on Terex with Positive Outlook
Thursday, September 5, 2013 - 10:31am | 175In a report published Thursday, Morgan Stanley analyst Nicole DeBlase initiated coverage on Terex Corporation (NYSE: TEX) with an Overweight rating and $47.00 price target. In the report, Morgan Stanley noted, “While we still see a Non-Resi Construction recovery as a strong possibility, we prefer...
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UPDATE: Morgan Stanley Initiates Coverage on Parker-Hannifin with Negative Outlook
Thursday, September 5, 2013 - 10:31am | 182In a report published Thursday, Morgan Stanley analyst Nicole DeBlase initiated coverage on Parker-Hannifin Corporation (NYSE: PH) with an Underweight rating and $92.00 price target. In the report, Morgan Stanley noted, “Parker is the purest play on global IP growth to be found in the Machinery...
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UPDATE: Morgan Stanley Initiates Coverage on AGCO on Multiple Positive Factors
Thursday, September 5, 2013 - 9:38am | 151In a report published Thursday, Morgan Stanley analyst Nicole DeBlase initiated coverage on AGCO Corporation (NYSE: AGCO) with an Overweight rating and $73.00 price target. In the report, Morgan Stanley noted, “AGCO has historically outperformed DE when the USDA forecasts a Y/Y decline in 1-year...
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UPDATE: Morgan Stanley Initiates Coverage on Manitowoc on Non-Resi Construction Exposure
Thursday, September 5, 2013 - 9:36am | 145In a report published Thursday, Morgan Stanley analyst Nicole DeBlase initiated coverage on Manitowoc Company (NYSE: MTW) with an Equal-Weight rating and $23.00 price target. In the report, Morgan Stanley noted, “MTW has significant exposure to US Non-Resi Construction, which we view in a...
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UPDATE: Morgan Stanley Initiates Coverage on Caterpillar on 2014e Outlook Skepticism
Thursday, September 5, 2013 - 9:16am | 137In a report published Thursday, Morgan Stanley analyst Nicole DeBlase initiated coverage on Caterpillar (NYSE: CAT) with an Equal-Weight rating and $89.00 price target. In the report, Morgan Stanley noted, “We are skeptical on CAT's 2014e outlook (although we agree that EPS will grow Y/Y), given...
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UPDATE: Morgan Stanley Initiates Coverage on Joy Global After Catalysts Taken Off Table
Thursday, September 5, 2013 - 9:15am | 89In a report published Thursday, Morgan Stanley analyst Nicole DeBlase initiated coverage on Joy Global (NYSE: JOY) with an Equal-Weight rating and $47.00 price target. In the report, Morgan Stanley noted, “Returning more cash to shareholders is the right strategy, but this catalyst has been taken...
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UPDATE: Morgan Stanley Initiates Coverage on Deere & Company on Negative Outlook
Thursday, September 5, 2013 - 9:15am | 91In a report published Thursday, Morgan Stanley analyst Nicole DeBlase initiated coverage on Deere & Company (NYSE: DE) with an Underweight rating and $72.00 price target. In the report, Morgan Stanley noted, “We forecast 8% downside to 2014e consensus, as we are concerned about recent...
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Deutsche Bank Maintains Buy Rating For United Technologies (UTX)
Friday, May 7, 2010 - 9:09am | 99Analysts Nigel Coe and Nicole DeBlase at Deutsche Bank have released an update on United Technologies Corporation (NYSE: UTX). Deutsche Bank hosted investor meetings with Greg Hayes, United Technologies’ CFO, and Jay Malave, the company’s Director of Investor Relations. Following the meeting,...
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Manitowoc Company, Inc. (MTW) Fourth Quarter Review
Wednesday, February 3, 2010 - 2:23pm | 160Analysts Nigel Coe and Nicole Deblase at Deutsche Bank (NYSE: DB) have released a report reviewing the fourth quarter results at Manitowoc Company (NYSE: MTW). Manitowoc reported revenue of $839 million and core EBIT of $60 million, in line with analysts’ estimates. The company had a net loss of $...