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Sunedison Shares Rebound From Lows; Analysts Don't Seem Concerned With Appaloosa Suit News
Wednesday, January 13, 2016 - 2:33pm | 436Read More...Investors in SunEdison Inc (NYSE: SUNE) received a spook Wednesday morning, as a Reuters report of a suit against the company by David Tepper and Appaloosa Investment Limited Partnership hit newswires. While shares initially moved higher following the opening bell at 9:30 a.m. EST, sellers...
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Avondale Analyst Has Call With Sunedison Management Amid Massive Selloff, Sees 133% Upside
Wednesday, January 13, 2016 - 9:13am | 296Read More...Shares of Sunedison Inc (NYSE: SUNE) have plunged 46.29 percent over the past five trading days, dropping almost to their 52-week low on Tuesday at $2.714. Avondale’s Michael Morosi maintained a Market Outperform rating on the company, with a price target of $7. Morosi mentioned...
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Illumina's Grail Announcement 'Underwhelmed' This Analyst
Monday, January 11, 2016 - 3:09pm | 266Read More...Illumina, Inc. (NASDAQ: ILMN)'s announcement of its "GRAIL" has Avondale Partners Sr. Vice President Sung Ji Nam, feeling "a bit underwhelmed" on Monday. Avondale Partners maintained a Market Perform rating and a $175 price target for the firm on Monday after Illumina...
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Illumina Shares Lower Amid Action From Multiple Sell-Side Analysts
Thursday, January 7, 2016 - 4:44pm | 309Read More...Amid action from multiple sell-side analysts, shares of Illumina, Inc. (NASDAQ: ILMN) are trending downward on the day. Illumina was recently seen trading down 5.33 percent at $168.10 from a Wednesday close around $177. Thus far into Thursday's trading, the company's shares reached a high of 173.75...
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Avondale Partners Says It's Time To Buy Deere, Joy Global And Other Machinery Stocks
Thursday, October 15, 2015 - 3:45pm | 634Read More...Avondale Partners recently initiated coverage on machinery stocks. The firm gave Deere & Company (NYSE: DE), Joy Global Inc. (NYSE: JOY) and Titan International Inc (NYSE: TWI) Outperform ratings. For Crane Co. (NYSE: CR), the experts issued a Market Perform rating, alleging the company is...
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Avondale Partners Initiates SunEdison With Market Outperform
Friday, April 17, 2015 - 7:49am | 60Read More...Analysts at Avondale Partners initiated coverage on Sunedison Inc (NYSE: SUNE) with a Market Outperform rating. The target price for SunEdison is set to $35. SunEdison shares have surged 50.98 percent over the past 52 weeks, while the S&P 500 index has gained 12.45 percent in the same...
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Avondale Partners Initiates SolarCity At Market Outperform
Friday, April 17, 2015 - 7:32am | 64Read More...Analysts at Avondale Partners initiated coverage on SolarCity Corp (NASDAQ: SCTY) with a Market Outperform rating. The target price for SolarCity is set to $62. SolarCity shares have dropped 0.21 percent over the past 52 weeks, while the S&P 500 index has gained 12.45 percent in the same...
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Why The FedEx-TNT Deal Makes Sense
Tuesday, April 7, 2015 - 4:11pm | 373Read More...FedEx Corporation (NYSE: FDX) announced Tuesday that it will be acquiring European rival TNT Express NV – ADR (OTC: TNTEY) in a $4.8 billion (€4.4 billion) deal. Don Broughton, Avondale Partners's chief market strategist, was on CNBC Tuesday to explain why the deal makes sense for...
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FedEx Continues Rampage Against UPS In E-Commerce Parcel Space
Tuesday, February 3, 2015 - 3:03pm | 368Read More...United Parcel Service, Inc. (NYSE: UPS) declared its fourth-quarter earnings Tuesday, which were in-line with analysts’ expectations. Donald Broughton from Avondale Partners was on CNBC recently to break down the numbers from UPS and opine on the competition it's facing from FedEx...
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Avondale Presents Pair Trade On Staffing Servicers
Wednesday, October 15, 2014 - 10:57am | 78Read More...Earlier Wednesday, Avondale presented a pair trade idea as it upgraded shares of On Assignment, Inc. (NYSE: ASGN) to Market Perform while simultaneously downgraded shares of Kforce Inc. (NASDAQ: KFRC) to Market Perform. Following the rating changes, shares of On Assignment have traded up almost...
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Avondale Partners Initiates Nortek With Market Outperform
Thursday, July 31, 2014 - 11:39am | 55Read More...Analysts at Avondale Partners initiated coverage on Nortek (NASDAQ: NTK) with a Market Outperform rating. The target price for Nortek is set to $114. Nortek shares have surged 19.23% over the past 52 weeks, while the S&P 500 index has gained 16.87% in the same period. Nortek's shares closed...
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Avondale Partners Downgrades Dollar Thrifty Automotive from Outperform to Market Perform
Friday, February 10, 2012 - 10:41amRead More... -
CERN Initiated With Market Perform At Avondale
Thursday, June 3, 2010 - 6:52am | 52Read More...Analysts at Avondale Partners initiate coverage of Cerner Corporation (NASDAQ: CERN) with a "market perform" rating. The target price for CERN is set to $82. CERN’s shares soared 2.48% to close at $83.93 yesterday. More Analyst Ratings here
