Sterne Agee & Leach

Sterne Agee has published a research report on AMR Corporation (NYSE: AMR) after the company filed for Chapter 11 bankruptcy. In the report, Sterne Agee writes, "Although we believe company had the liquidity to make it through 2012 before having its hand forced, the timing of strategic filing...

A report from Sterne Agee reiterates its Buy rating and $62 price target on Jos. A. Bank Clothiers (NASDAQ: JOSB). The report states, “We expect JOSB will file its third quarter 10-Q before market open on November 30th and host a call at 11 am ET on Thursday, December 1st. We are estimating Q3 at...

A report from Sterne Agee reiterates its Buy rating and $20 price target on Cypress Semiconductor (NASDAQ: CY). The report states, “We believe CY might be one of the beneficiaries of a stronger Black Friday and Cyber Monday sell-through. We believe two of its key Tablet customers had a strong...

A report from Sterne Agee assumes coverage of United Technologies (NYSE: UTX) and maintains Buy rating. The report states, “The pending Goodrich acquisition provides UTX with a very complementary business that horizontally expands its product lines and adds the opportunity for significant growth...

A report from Sterne Agee reiterates its Neutral rating and lowers its Fy11/12 EPS estimates from -$.49/$.20 to -$.73/-$.00 on Talbots (NYSE: TLB). The report states, “We expect Talbots to release its Q3 results on December 1st with a call at 10 am EST. Our estimate for Q3 is a loss of ($0.11)...

A report from Sterne Agee reiterates its Neutral rating and $55 PT, and lowers its FY11/12/13 EPS estimates from $4.60/$4.70/$5.94 to $4.56/$4.54/$5.73 on SanDisk (NASDAQ: SNDK). The report states, “While SNDK stock has pulled back significantly, we believe SNDK is facing some weaker demand at its...

A report from Sterne Agee reiterates its Neutral rating and $21 price target, and lowers its FY12/13 EPS estimates from $2.60/$2.70 to $2.50/$2.60 on Montpelier Re Holdings (NYSE: MRH). The report states, “With the previously announced sale of its U.S. insurance business (about $55 mm of annual...

A report from Sterne Agee reiterates its Buy rating and $56 price target, and lowers its FY12/13/14 EPS estimates from $3.35/$3.95/$4.76 to $3.24/$3.84/$4.66 on Guess? (NYSE: GES). The report states, “Last year GES earned $0.75. Guidance for Q3 included sales of $650-$655 million with an...

A report from Sterne Agee reiterates its Neutral rating on Frontline (NYSE: FRO). The report states, “As we expected, FRO last week announced its intention to effect a restructuring that will enable it to meet its obligations. As we indicated in our Tanker Update: No Near-Term Recovery On The...

A report from Sterne Agee reiterates its Buy rating and $33 price target, and raises its FY11/12 ESP estimates from $.75/$2.20 to $.58/$1.80 on Arkansas Best (NASDAQ: ABFS). The report states, “With the recent Teamster election decided and James Hoffa, Jr. re-elected, 2012 is likely to be a year...

A report from Sterne Agee reiterates its Neutral rating and $15 price target on American Eagle Outfitters (NYSE: AEO). The report states, “We anticipate AEO will provide Q4 guidance and comment on holiday sales trends to date on the call. AEO appeared to be one of the big winners on Black Friday,...

A report from Sterne Agee reiterates its Neutral rating and raises its FY11/12/13 EPS Estimate from $1.06/$1.30/$1.58 to $.93/$1.11/$1.41 on Aeropostale (NYSE: ARO). The report states, “ARO is expected to offer Q4 guidance on the call and comment on early holiday sales. We noted that ARO's...

A report from Sterne Agee assumes coverage of Honeywell International (NYSE: HON) and upgrades it from Neutral to Buy. The report states, “Commercial aftermarket has been recovering in 2011 with four consecutive quarters of double-digit growth as inventory de-stocking was completed in 2010 and...

A report from Sterne Agee initiates coverage on Triumph Group (NYSE: TGI) with a Buy rating and a $71 price target. The report states, “TGI is a $2.7 billion market cap company that is well positioned to grow from commercial aerospace up-cycle, especially since it acquired Vought Aircraft a little...

A report from Sterne Agee initiates coverage on The Boeing Company (NYSE: BA) with a Buy rating and $82 price target. The report states, “Boeing is on the cusp of across-the-board production increases within the Boeing Commercial Aircraft (BCA) segment, especially with all critical milestones...