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Avondale Still Believes Joy Global Will Outperform Machinery Peers
Monday, May 2, 2016 - 11:10am | 208Avondale Partners’ Igor Maryasis believes at its current levels, Joy Global Inc. (NYSE: JOY)'s stock valuation already reflects the signs of stabilization in the bookings at the Services business that began to emerge in late 2015. Maryasis maintained a Market Outperform rating on the...
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Avondale Downgrades Landstar Following Q1 Results
Friday, April 22, 2016 - 8:40am | 297Landstar System, Inc. (NASDAQ: LSTR) reported its 1Q16 results with a decline in revenue from the 2015 levels. Avondale Partners’ Donald Broughton downgraded the company from Market Outperform to Market Perform, while lowering the price target from $72.50 to $67.50. “While we...
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Avondale Adds Civitas Solutions To Conviction List
Thursday, April 21, 2016 - 8:42am | 292Following meetings with management, Avondale’s Paula Torch expressed confidence in Civitas Solutions Inc (NYSE: CIVI)'s “ability to execute on its long-term growth opportunities.” The analyst maintained a Market Outperform rating on the company, with a price target of $31....
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Avondale Cuts Estimates On Railroads... Again
Friday, February 12, 2016 - 1:13pm | 427On Friday, Avondale Partners issued a note on the railroad industry, highlighting companies including CSX Corporation (NASDAQ: CSX), Canadian National Railway (USA) (NYSE: CNI), Canadian Pacific Railway Limited (USA) (NYSE: CP), Norfolk Southern Corp. (NYSE: NSC) and Union Pacific Corporation (NYSE...
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Avondale Upgrades SunEdison To Market Outperform
Friday, January 8, 2016 - 9:50am | 279Sunedison Inc (NYSE: SUNE) shares have plunged 88.96 percent over the past six months, falling almost to their 52-week low on November 20, at $2.82. Avondale analysts have upgraded the rating on the company to Market Outperform. The upgrade follows a huge capital raise by the company,...
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Nuance Communications Inc. (NUAN) Gets A Market Outperform Rating
Thursday, December 31, 2009 - 12:30pm | 121Analysts at Avondale Partners LLC have given Nuance Communications Inc. (NASDAQ: NUAN) a Market Outperform rating as it expects the stock to gain at least 5%-10% more than the market over the next 6 to 18 months. Nuance Communications Inc. has recently announced the acquisition of UK based SpinVox...