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A Pair Trade In Building Materials From B. Riley FBR: Buy Trex, Neutral On BMC
Thursday, January 4, 2018 - 2:24pm | 486The building materials sector is often overlooked by investors, but doing so would be a mistake with a stock like Trex Company Inc (NYSE: TREX) gaining nearly 80 percent over the past year and outperforming all five members of the "FAANG" group. The Analyst B. Riley FBR's Alex...
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FBR Downgrades Fluor Given 'Intermediate-Term Uncertainty'
Friday, February 19, 2016 - 11:19am | 281On Friday, FBR & Co. issued a company note on Fluor Corporation (NEW) (NYSE: FLR) and lowered its earnings estimates after the company announced 4Q15 results below consensus expectations. Analysts at FBR & Co downgraded Fluor Corporation from Outperform to Market Perform and lowered their...
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FBR Says MYR Group May Be Next M&A Target After Pike
Tuesday, August 5, 2014 - 4:24pm | 125Following Monday's announcement that investment firm Court Square Capital and J. Eric Pike will acquire Pike (NYSE: PIKE) for $12 per share, FBR analyst Alex Rygiel said MYR Group (NASDAQ: MYRG) is likely the next M&A target. Rygiel believes the deal will probably go through at $12 per...
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Analysts Slash Estimates For Owens Corning Following Pre-Announcement
Monday, June 23, 2014 - 3:57pm | 297Analysts slashed their earnings estimates for Owens Corning (NYSE: OC) after the company said roofing volumes for the first half of 2014 may be as much as 20 percent lower than a year earlier. MKM Partners' Megan McGrath said the revised outlook made her "Incrementally more cautious....