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Seaport Global Downgrades Franklin Electric
Friday, June 10, 2016 - 12:21pm | 238Read More...Seaport Global has downgraded Franklin Electric Co. (NASDAQ: FELE) to Neutral from Accumulate as shares are nearing its price target of $36, which remains unchanged. "As FELE hits easier comparisons in its Water Systems segment, we anticipate mid-single-digit organic growth during the...
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Seaport Upgrades Pentair To Buy, Raises Target To $70
Friday, June 10, 2016 - 10:17am | 258Read More...The worst margin performance for Pentair plc. Ordinary Share (NYSE: PNR) in the V&C segment is now behind the company, Seaport Global Securities’ Ryan Cassil said in a report. He upgraded the rating for the company from Neutral to Buy, while raising the price target from $59 to $70....
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Seaport Upgrades ITT From Accumulate To Buy
Friday, June 10, 2016 - 9:55am | 228Read More...Seaport Global’s Ryan Cassil believes “oil price stability bodes well for a long-term recovery in short-cycle oil & gas spending.” Cassil upgraded the rating on ITT Inc (NYSE: ITT) from Accumulate to Buy, while raising the price target from $37 to $41. Positive Moves Expected...
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Watts Water Shares Downgraded To Neutral By Seaport, M&A The Next Catalyst
Friday, June 10, 2016 - 8:49am | 194Read More...Seaport Global's Ryan Cassil downgraded Watts Water Technologies Inc (NYSE: WTS) to Neutral, while maintaining a price target of $58. Cassil did not see anything new in the company, but downgraded Watts due to the price passing the analyst's target of $58.00. The downgrade "has happened without an...
