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CSX Shares Slide As Q4 Revenues Fall Short, Impact From 'Operational Issues' Notes Analyst
Friday, January 24, 2025 - 1:02pm | 837CSX Corp (NASDAQ:CSX) tanked in early trading on Friday, after the company reported disappointing fourth-quarter revenues. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. BMO Capital Markets On CSX Analyst Fadi Chamoun reiterated an...
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Why Stifel Analysts Upgraded These Rail Stocks To A Buy: 'It Shouldn't Be As Bad As 2006-2009'
Saturday, July 16, 2022 - 1:38pm | 710CSX Corporation (NASDAQ: CSX) and Norfolk Southern Corp. (NYSE: NSC) traded higher on Friday after Stifel upgraded the two companies from a Hold rating to a Buy rating. In the recent industry report, Benjamin Nolan analyzed the current state of American railways and offered insight on recessionary...
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Stifel: SEACOR Has Been Hot Lately, But Buying At This Price Could Burn You
Monday, November 6, 2017 - 10:57am | 569While Seacor Holdings, Inc. (NYSE: CKH) has been benefiting from a host of factors, the company's near-term potential is priced in, according to Stifel. The firm downgraded Seacor Holdings from Buy to Hold and raised its price target from $40 to $53. SEACOR is experiencing a...
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Seacor Is 'Making The Most Of A Poor Energy Market,' Stifel Says
Wednesday, August 24, 2016 - 11:07am | 466Commenting upon the energy sector, Stifel said Seacor Holdings, Inc. (NYSE: CKH) is "making the most of a poor energy market," and the company is likely to be a consolidator in certain markets due to its significant cash balance, diversified cash flow and insulated balance sheet. Seacor, an...
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Stifel Downgrades Diana Shipping To Hold: Here's Why
Monday, August 3, 2015 - 10:40am | 301In a report published Monday, Stifel analyst Benjamin Nolan downgraded the rating on Diana Shipping Inc. (NYSE: DSX) from Buy to Hold, with a price target of $8. The analyst believes that the stock has limited upside potential until the dry bulk market shows signs of a more meaningful recovery...
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Calls Of Note: The Street's Research Moving Stocks This Monday
Monday, August 3, 2015 - 10:24am | 948The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." RBC: Slashing LinnCo Price Target Last week, John Ragozzino of RBC Capital Markets downgraded shares of LinnCo LLC (NASDAQ: LNCO) to Sector Perform...
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Four Stocks Stifel Just Initiated Coverage On
Wednesday, July 15, 2015 - 2:40pm | 605Analysts at Stifel on Wednesday initiated coverage of Ardmore Shipping Corp (NYSE: ASC), DHT Holdings Inc (NYSE: DHT), Euronav NV Ordinary Shares (NYSE: EURN) and First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE: FPF). Admore Initiated At Buy Shares of Admore were initiated with a Buy rating and...
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UPDATE: Stifel Reiterates On Scorpio Bulkers Following Private Placement Announcement
Tuesday, November 18, 2014 - 9:55am | 101In a report published Tuesday, Stifel analyst Benjamin Nolan reiterated a Buy rating on Scorpio Bulkers (NYSE: SALT), but lowered the price target from $11.00 to $8.00. In the report, Stifel noted, “Scorpio Bulkers announced a new $150 million stock private placement with certain institutional...
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UPDATE: Stifel Reiterates On Matson Following Horizon Acquisition
Wednesday, November 12, 2014 - 10:43am | 124In a report published Wednesday, Stifel analyst Benjamin Nolan reiterated a Buy rating on Matson (NYSE: MATX), and raised the price target from $36.00 to $39.00. In the report, Stifel noted, “Matson Inc. reported that they have come to an agreement to acquire Horizon Lines' (HRZL; NC) Alaskan...
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UPDATE: Stifel Downgrades Navios Maritime Partners on Valuation
Friday, January 17, 2014 - 9:51am | 151In a report published Friday, Stifel analyst Benjamin Nolan downgraded Navios Maritime Parners (NYSE: NMM) to Hold from Buy on valuation. According to the report, with dry bulk making up the majority of NMM's fleet, analysts believe the partnership is situated to be a beneficiary from a cyclical...
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UPDATE: Stifel Downgrades Capital Product Partners on Valuation
Friday, January 17, 2014 - 9:35am | 196In a report published Friday, Stifel analyst Benjamin Nolan downgraded Capital Product Partners (NASDAQ: CPLP) to Hold from Buy on valuation. According to the report, while analysts believe Capital Product Partners could benefit from increasing product tanker rates with 12 vessels on charter...
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UPDATE: Stifel Upgrades Seaspan as Financial Position Solidifies
Friday, January 17, 2014 - 9:34am | 195In a report published Friday, Stifel analyst Benjamin Nolan upgraded Seaspan (NYSE: SSW) from Sell to Hold as their financial position solidifies. According to the report, SSW remains one of the preeminent lessor companies in the container industry with a solid management team. However, the...
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UPDATE: Stifel Initiates Coverage on Star Bulk Carriers on Expected Challenges Ahead
Tuesday, November 12, 2013 - 10:15am | 171In a report published Tuesday, Stifel analyst Benjamin Nolan initiated coverage on Star Bulk Carriers (NASDAQ: SBLK) with a Hold rating. In the report, Stifel noted, “We are initiating coverage of Star Bulk Carriers (SBLK) with a Hold rating on the shares, as we believe the dry bulk shipping...
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UPDATE: Stifel Reiterates on Scorpio Tankers Following Slight 3Q13 EPS Miss
Tuesday, October 29, 2013 - 9:30am | 139In a report published Tuesday, Stifel analyst Benjamin Nolan reiterated a Buy rating on Scorpio Tankers (NYSE: STNG), and raised the price target from $13.00 to $15.00. In the report, Stifel noted, “[STNG] reported EPS of $0.00, slightly missing our estimate and the Street consensus of $0.01....
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UPDATE: Stifel Initiates Coverage on Ultrapetrol Bahamas on Strong Balance Sheet, Good Market Position
Wednesday, October 9, 2013 - 10:35am | 146In a report published Wednesday, Stifel analyst Benjamin Nolan initiated coverage on Ultrapetrol Bahamas Ltd. (NASDAQ: ULTR) with a Buy rating and $5.00 price target. In the report, Stifel noted, “We are initiating coverage of Ultrapetrol (Bahamas) Limited (ULTR) with a Buy rating on the shares...