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UPDATE: Bank of America Downgrades Rush Enterprises on Full Valuation
Tuesday, April 22, 2014 - 9:13am | 179In a report published Tuesday, Bank of America analyst Andrew Obin downgraded the rating on Rush Enterprises (NASDAQ: RUSHA) from Buy to Underperform, but raised the price target from $33.00 to $34.00. In the report, Bank of America noted, “RUSHA has crossed our prior PO of $33, and we downgrade...
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UPDATE: Bank of America Upgrades Danaher Corporation on Acquisition Pace
Tuesday, January 14, 2014 - 11:40am | 134In a report published Tuesday, Bank of America analyst Andrew Obin upgraded Danaher Corporation (NYSE: DHR) to Buy from Neutral, raising its price objective to $90.00 from $78.00. According to the report, the price objective rise reflects higher comparable trading multiples, as well as higher...
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UPDATE: Bank of America Upgrades Mistras Group Counting on Cycle and Improved Execution
Tuesday, January 7, 2014 - 11:32am | 156In a report published Tuesday, Bank of America analyst Andrew Obin upgraded the rating on Mistras Group (NYSE: MG) from Neutral to Buy, and raised the price target from $19.00 to $28.00. In the report, Bank of America noted, “We upgrade MG from Neutral to Buy as: 1) Expectations are low – MG was...
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UPDATE: Bank of America Reiterates on 3M on More Proactive Capital Allocation
Wednesday, December 18, 2013 - 12:05pm | 169In a report published Wednesday, Bank of America analyst Andrew Obin reiterated a Buy rating on 3M (NYSE: MMM), and raised the price target from $141.00 to $150.00. In the report, Bank of America noted, “3M updated its capital allocation policy and hosted an analyst day in NY focusing on its...
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UPDATE: Bank of America Downgrades Donaldson Company on Full Valuation
Tuesday, October 29, 2013 - 10:38am | 140In a report published Tuesday, Bank of America analyst Andrew Obin downgraded the rating on Donaldson Company (NYSE: DCI) from Buy to Underperform, and raised the price target from $41.00 to $42.00. In the report, Bank of America noted, “As DCI approaches our PO of $41, we downgrade the stock from...
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UPDATE: Bank of America Initiates Coverage on Flowserve on Premium Product Offering
Wednesday, October 16, 2013 - 9:10am | 152In a report published Wednesday, Bank of America analyst Andrew Obin initiated coverage on Flowserve Corporation (NYSE: FLS) with a Buy rating and $72.00 price target. In the report, Bank of America noted, “We initiate on Flowserve (FLS) with a Buy rating and $72 PO, as we think the company has a...
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UPDATE: Bank of America Initiates Coverage on Pentair Ltd. on Positive Outlook
Wednesday, October 16, 2013 - 9:09am | 145In a report published Wednesday, Bank of America analyst Andrew Obin initiated coverage on Pentair Ltd. (NYSE: PNR) with a Buy rating and $78.00 price target. In the report, Bank of America noted, “We initiate on Pentair (PNR) with a Buy rating and $78 PO, as we think the company's transformative...
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Analysts Initiate Coverage On HD Supply Holdings: Three Positive, One Neutral
Tuesday, August 6, 2013 - 3:54pm | 617Four analysts initiated coverage of HD Supply Holdings (NASDAQ: HDS) Tuesday and the outlook is mostly favorable. Related: W.W. Grainger, Inc. Reports Q2 EPS of $3.03 vs $2.96 Est; Revenue of $2.38B vs $2.40B Est JP Morgan JP Morgan analysts C. Stephen Tusa, Jr. and Drew Pierson assigned an...
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UPDATE: Bank of America Initiates HD Supply Holdings at Buy on Multiple Positive Factors
Tuesday, August 6, 2013 - 9:13am | 139In a report published Tuesday, Bank of America analyst Andrew Obin initiated coverage on HD Supply Holdings (NASDAQ: HDS) with a Buy rating and $28.00 price target. In the report, Bank of America noted, “We are initiating coverage on HD Supply (HDS) with a Buy Rating and $28 PO. HDS is one of...
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UPDATE: Bank of America Downgrades Mistras Group Following FY13 Outlook Cut
Thursday, July 11, 2013 - 10:21am | 145In a report published Thursday, Bank of America analyst Andrew Obin downgraded Mistras Group (NYSE: MG) from Buy to Neutral, and lowered the price target from $28.00 to $19.00. In the report, Bank of America noted, “We are downgrading MG from Buy to Neutral and lowering our PO from $28 to $19...