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Rosenblatt Downgrades Rockwell Automation Despite Huge Earnings Beat
Wednesday, April 29, 2020 - 3:35pm | 330Read More...Although Rockwell Automation (NYSE: ROK) reported strong earnings for its fiscal second quarter, significantly beating expectations, the conference call with management triggered concerns over the company’s performance in the next quarter and fiscal 2021, according to Rosenblatt Securities....
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BMO: Here's What Sets Fortive Apart From Other Industrials
Wednesday, November 15, 2017 - 4:37pm | 370Read More...Fortive Corp (NYSE: FTV), a spinoff from Danaher Corporation (NYSE: DHR), reported better than expected earnings Oct. 26 and raised its guidance. The Analyst BMO Capital's Scott Graham initiated Fortive with an Outperform rating and $82 price target. The Thesis Fortive's operations...
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Analyst Sees Actuant Earnings Bottoming In 2017
Friday, September 30, 2016 - 12:55pm | 321Read More...BMO Capital remains on the sidelines of Actuant Corporation (NYSE: ATU), as weakness in key end-markets and mix pressures lead to another weak, albeit in-line, quarter with disappointing guidance. "We do see earnings bottoming in 2H17, but our reduced estimates, which are at the lower end of...
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BMO Sees 3 Drivers Benefiting Fastenal Sales Growth In 2017
Thursday, July 14, 2016 - 9:21am | 428Read More...BMO expects Fastenal Company (NASDAQ: FAST) to benefit from three separate sales drivers in 2017 after the company's second-quarter results lagged Street view. Fastenal said it earned $131.52 million or $0.45 a share for the second quarter, which was down from $140.36 million, or $0.45 a share, in...
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MSC Industrial Operating In A Weak Environment, Says BMO
Thursday, July 7, 2016 - 3:43pm | 223Read More...BMO maintains its Market Perform rating on MSC Industrial Direct Co Inc (NYSE: MSM), expressing concern over the company's weak operating environment. The company's third quarter EPS came in better than expected as slow sales were offset by cost reductions. But, fourth-quarter sales and guidance...
