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Market Wrap For March 25: Markets Snap Two-Day Losing Steak On Confidence Data
Tuesday, March 25, 2014 - 4:24pm | 1840Read More...U.S. stocks rebounded from a two-day losing streak as investors found plenty of positives in consumer confidence data which hit a six-year high in March. According to the Fed's Philadelphia chief Charles Plosser the Fed sees its bond purchasing program ending in October or November with rate...
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Caterpillar, Discover Financial and Other Illinois Primary Stock Picks
Tuesday, March 20, 2012 - 6:42am | 1149Read More...Today, Illinois holds its Republican Primary, as the candidates hope to add to their delegate counts. Polls show a close race between frontrunners Mitt Romney and Rick Santorum. While the focus is on Illinois, let's have a look at the stocks of some of the many corporations headquartered in the...
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Deutsche Bank Updates 6/28
Tuesday, June 28, 2011 - 7:38am | 451Read More...Deutsche Bank made a number of updates in a research report published today. Flowers Foods (NYSE: FLO) had its rating reinstated at Hold. At the same time, its price target was reduced from $25 to $20. On Monday, Flowers added 0.25% to its value to end the day at $21.74. Medicis Pharmaceutical (...
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Goldman Sachs Upgrades PT On Tenneco To $48 (TEN)
Wednesday, May 4, 2011 - 9:53am | 108Read More...Goldman Sachs upgraded its price target on Tenneco (NYSE: TEN) from $45 to $48 in a research report published today. Goldman revised its earnings per share estimates for the next three year upwards as well. In the report, Goldman states, "Our upwardly revised estimates reflect: (1) the impact of...
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Jefferies ReIterate Buy Rating On Tenneco (TEN)
Wednesday, May 4, 2011 - 8:26am | 71Read More...In a recent report, Jefferies reIterated a buy rating on Tenneco (NYSE: TEN) after a reported upside 1Q. In the report, Jefferies said, "We continue to believe that TEN has the potential to triple earnings over the next three years, making it the top growth story in midcap autos. At 5.5x forward...
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Jefferies Initiates TEN At Buy, $53 PT
Friday, March 18, 2011 - 7:59am | 28Read More...Jefferies is initiating Tenneco (NYSE: TEN) at Buy with a $53 PT. Tenneco closed Thursday at $39.29.
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Jefferies Initiates Coverage On Tenneco At Buy, $53 PT
Friday, March 18, 2011 - 7:20am | 26Read More...Jefferies & Company has initiated coverage on Tenneco (NYSE: TEN) with a Buy rating and $53 price target.
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Deutsche Bank On U.S. Autos & Parts
Wednesday, December 22, 2010 - 9:42am | 334Read More...Deutsche Bank has published a research report on U.S. Autos and Auto Parts reporting December mid-month survey that points of a 4Q SAAR of 12.2MM. In the report, Deutsche Bank writes "Based on our mid-month channel checks, we estimate that the U.S. light vehicle SAAR is tracking at 12.2MM in...
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Wells Fargo Downgrades Tenneco From OP To MP
Monday, December 13, 2010 - 2:08pm | 127Read More...Wells Fargo has downgraded Tenneco Inc. (NYSE: TEN) shares to Market Perform. “The company's emergence in commercial vehicle emissions controls should drive substantial earnings growth over the next few years,” Wells Fargo writes. “However, the stock is discounting sizable earnings upside relative...
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Outperform Maintained for BWA/TEN
Tuesday, September 21, 2010 - 10:23am | 241Read More...BorgWarner Inc. (NYSE: BWA) and Tenneco Inc. (NYSE: TEN) are currently rated by Wells Fargo as follows: "The Class 5-8 truck recovery should provide a material yr/yr benefit to BWA's and TEN's earnings in 2011. Specifically, we estimate the Class 5-8 truck recovery could add $0.15-0.20 in EPS for...
