-
Atlantic Equities Goes Overweight Lowe's: What It Means
Tuesday, November 24, 2015 - 10:45am | 415Read More...Home Depot Inc (NYSE: HD) shares are up 6 percent in the past one month, while shares of Lowe's Companies, Inc. (NYSE: LOW) have risen 4 percent. Atlantic Equities’ Sam Hudson maintained an Overweight rating on Home Depot and upgraded the rating on Lowe's to Overweight. The...
-
US Stock Futures Dip Ahead Of Economic Data
Tuesday, November 24, 2015 - 9:08am | 428Read More...Pre-open movers US stock futures traded lower in early pre-market trade. Data on GDP growth for the third quarter will be released at 8:30 a.m. ET, while the S&P/Case-Shiller home price index for September will be released at 9:00 a.m. ET. The Conference Board's consumer confidence index and...
-
Atlantic Equities Lifts Adobe To Overweight, Raises Target To $97
Wednesday, October 14, 2015 - 8:48am | 285Read More...Adobe Systems Incorporated (NASDAQ: ADBE) shares have been rising steadily in 2015 and are up 14 percent year-to-date. Atlantic Equities’ Chris Hickey upgraded the rating on the company from Neutral to Overweight, while raising the price target from $80 to $97. Adobe’s new...
-
Google Shares Upgraded At Atlantic Equities: YouTube, Mobile Search, Margin Improvements Point To $825 Valuation
Wednesday, August 19, 2015 - 7:54am | 358Read More...In a report published Wednesday, Atlantic Equities analyst James Cordwell upgraded shares of Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) to Overweight from Neutral with a price target boosted to $825 from a previous $560. According to Cordwell, YouTube is growing "very rapidly" as the...
-
US Stock Futures Down Ahead Of FOMC Minutes
Wednesday, August 19, 2015 - 7:00am | 388Read More...Pre-open movers US stock futures traded lower in early pre-market trade. The consumer price index for July will be released at 8:30 a.m. ET, while the Federal Open Market Committee will issue minutes of its latest meeting at 2:00 p.m. ET. Futures for the Dow Jones Industrial Average dropped 59.5...
-
Macy's Cut To Underweight; Analyst Weary Of Transition Year
Friday, July 24, 2015 - 7:59am | 243Read More...In a report published Friday, Atlantic Equities analyst Daniela Nedialkova downgraded the rating on Macy's, Inc. (NYSE: M) from Neutral to Underweight, with a price target of $64, due to expectations of softening top-line trends. "Macy's is in a transition year in terms of investments, and does not...
-
Atlantic Equities Concerned With United Technologies Visibility, Downgrades
Wednesday, July 22, 2015 - 7:14am | 251Read More...In a report published Wednesday, Atlantic Equities analyst Richard Radbourne downgraded the rating on United Technologies Corporation (NYSE: UTX) to Neutral, while lowering the price target from $128 to $110. Radbourne explained the downgrade, saying that he and "investors will need time...
-
Atlantic Equities Upgrades Walt Disney To Overweight
Tuesday, July 7, 2015 - 8:58am | 53Read More...Atlantic Equities upgraded Walt Disney Co (NYSE: DIS) from Neutral to Overweight. Walt Disney shares have gained 34.75 percent over the past 52 weeks, while the S&P 500 index has surged 5.35 percent in the same period. Walt Disney shares climbed 0.37 percent to $116.10 in pre-market trading.
-
Atlantic Equities Upgrades Monsanto After 'Long-Standing' Underweight Rating
Monday, June 8, 2015 - 9:50am | 307Read More...In a report published Monday, Atlantic Equities analyst Colin Isaac upgraded the rating on Monsanto Company (NYSE: MON) from Underweight to Neutral, while raising the price target to $120. Despite the continued disappointing organic growth, a potential deal with Syngenta AG (ADR) (NYSE: SYT) could...
-
Atlantic Equities Upgrades Monsanto To Neutral
Monday, June 8, 2015 - 9:12am | 51Read More...Atlantic Equities upgraded Monsanto Company (NYSE: MON) from Underweight to Neutral. Monsanto shares have dropped 6.22 percent over the past 52 weeks, while the S&P 500 index has surged 7.25 percent in the same period. Monsanto's shares climbed 0.19 percent to close at $113.80 on Friday.
-
Atlantic Equities Initiates Lowe's Companies With Neutral
Monday, June 8, 2015 - 9:03am | 67Read More...Analysts at Atlantic Equities initiated coverage on Lowe's Companies, Inc. (NYSE: LOW) with a Neutral rating. The target price for Lowe's Companies is set to $79. Lowe's Companies shares have gained 46.59 percent over the past 52 weeks, while the S&P 500 index has surged 7.25 percent in the...
-
Atlantic Equities Upgrades Tiffany To Overweight
Wednesday, March 11, 2015 - 8:26am | 57Read More...Atlantic Equities upgraded Tiffany & Co. (NYSE: TIF) from Neutral to Overweight. The price target for Tiffany has been raised from $101.00 to $103.00. Tiffany shares have dropped 9.78% over the past 52 weeks, while the S&P 500 index has surged 9.42% in the same period. Tiffany's shares...
-
US Stock Futures Edge Higher Ahead Of Economic Data
Monday, March 2, 2015 - 8:36am | 480Read More...Pre-open movers US stock futures traded slightly higher in early pre-market trade. Data on consumer spending for January will be released at 8:30 a.m. ET, while the Markit PMI manufacturing index for February will be released at 9:45 a.m. ET. The ISM manufacturing composite index for February and...
-
Atlantic Equities Downgrades Garmin To Neutral
Friday, February 20, 2015 - 10:04am | 59Read More...Analysts at Atlantic Equities downgraded Garmin Ltd. (NASDAQ: GRMN) from Overweight to Neutral. The price target for Garmin has been lowered from $64.00 to $55.00. Garmin shares have dropped 2.41% over the past 52 weeks, while the S&P 500 index has surged 12.30% in the same period. Garmin's...
-
Atlantic Equities Downgrades Emerson Electric To Neutral
Monday, February 9, 2015 - 9:22am | 64Read More...Analysts at Atlantic Equities downgraded Emerson Electric Co. (NYSE: EMR) from Overweight to Neutral. The price target for Emerson Electric has been lowered from $74 to $59. Emerson Electric shares have declined 12.25% over the past 52 weeks, while the S&P 500 index has surged 14.57% in the...
