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Analyst: REITs Falling On Rising Treasury Bond Rates
Thursday, February 1, 2018 - 4:12pm | 434REITs were hammered in Thursday trading and rising interest rates may be to blame. Rising 10-Year Treasury bond rates are hurting high-yielding REITs, Boenning & Scattergood analyst Floris van Dijkum told Benzinga. Earlier today, the 10-year Treasury yield hit 2.75 percent for the...
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Sell Off In Peoples Bancorp Looks 'Exaggerated'
Monday, February 1, 2016 - 10:09am | 295Peoples Bancorp Inc. (NASDAQ: PEBO) shares have lost 9 percent since January 4, and are trading near their 52-week low of $16.34. Boenning & Scattergood’s Scott Beury upgraded the rating for the company to Outperform, with a price target of $22.50. The recent sell-off in Peoples...
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Analyst Likes YuMe's Secular Story, But Sees 'Visibility, Slow Programmatic' Weighing
Thursday, November 12, 2015 - 9:30am | 276YuMe Inc (NYSE: YUME) shares have declined 43.06 percent year-to-date, touching a low of $2.45 on September 29. Murali Sankar of Boenning & Scattergood has initiated coverage of the company with a Neutral rating. Sankar would prefer to remain on the sidelines till there are signs of...
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Yahoo's Core Is A Work In Progress
Thursday, November 12, 2015 - 8:15am | 384Yahoo! Inc. (NASDAQ: YHOO) shares are down 34 percent year-to-date, even after a 3 percent gain since October 12. Boenning & Scattergood’s Murali Sankar initiated coverage of the company with an Outperform rating and a price target of $41. Yahoo’s core businesses are...
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Boenning & Scattergood Upgrades Watts Water Technologies To Outperform
Tuesday, June 16, 2015 - 8:36am | 68Analysts at Boenning & Scattergood upgraded Watts Water Technologies Inc (NYSE: WTS) from Neutral to Outperform. The price target for Watts Water Technologies is set to $60. Watts Water Technologies shares have dropped 14.21 percent over the past 52 weeks, while the S&P 500 index has surged...
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Boenning & Scattergood Downgrades Badger Meter To Neutral
Monday, June 1, 2015 - 8:54am | 53Analysts at Boenning & Scattergood downgraded Badger Meter, Inc. (NYSE: BMI) from Outperform to Neutral. Badger Meter shares have gained 31.62 percent over the past 52 weeks, while the S&P 500 index has surged 9.48 percent in the same period. Badger Meter's shares closed at $64.52 on Friday...
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Boenning & Scattergood Downgrades Webster Financial To Neutral
Thursday, April 2, 2015 - 8:39am | 58Analysts at Boenning & Scattergood downgraded Webster Financial Corp. (NYSE: WBS) from Outperform to Neutral and removed the price target of $34.00. Webster Financial shares have gained 16.79% over the past 52 weeks, while the S&P 500 index has surged 9.05% in the same period. Webster...
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Boenning & Scattergood Upgrades Xylem To Outperform
Wednesday, April 1, 2015 - 8:31am | 57Analysts at Boenning & Scattergood upgraded Xylem Inc. (NYSE: XYL) from Neutral to Outperform. The price target for Xylem is set to $40. Xylem shares have dropped 7.28% over the past 52 weeks, while the S&P 500 index has surged 9.36% in the same period. Xylem shares closed at $35.02 in pre-...
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Is A Fed Tightening Good For Water Utilities? This Analyst Thinks So
Friday, March 20, 2015 - 10:07am | 276In a report published Friday, Boenning & Scattergood analyst Ryan Connors argued that a rising rate environment is a positive for water utility stocks and that the group delivered some of its best relative performance during past Fed tightening cycles. "The two key reasons why water utilities...
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Boenning & Scattergood Initiates Xylem With Neutral
Wednesday, January 28, 2015 - 9:57am | 49Analysts at Boenning & Scattergood initiated coverage on Xylem Inc. (NYSE: XYL) with a Neutral rating. Xylem shares have gained 4.51% over the past 52 weeks, while the S&P 500 index has surged 14.39% in the same period. Xylem shares closed at $34.74 yesterday.
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Boenning & Scattergood Initiates A O Smith With Outperform
Wednesday, January 28, 2015 - 9:31am | 83Analysts at Boenning & Scattergood initiated coverage on A O Smith Corp. (NYSE: AOS) with a Outperform rating. The target price for A O Smith is set to $62. A O Smith shares have gained 25.01% over the past 52 weeks, while the S&P 500 index has surged 14.39% in the same period. A O Smith's...
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Boenning & Scattergood Opens LAYN With Outperform
Thursday, April 21, 2011 - 7:36am | 51Analysts at Boenning & Scattergood initiate coverage of Layne Christensen Company (NASDAQ: LAYN) with an “outperform” rating. The target price for LAYN is set to $36. LAYN shares gained 0.81% to $30.01 in pre-market trading. More Analyst Ratings here
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Boenning & Scattergood Initiates HEK With Outperform
Wednesday, March 23, 2011 - 6:07am | 50Analysts at Boenning & Scattergood initiate coverage of Heckmann Corporation (NYSE: HEK) with an “outperform” rating. The target price for HEK is set to $7.50. HEK shares fell 0.32% to close at $6.26 yesterday. More Analyst Ratings here
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Boenning & Scattergood Downgrades HIL To Neutral
Wednesday, February 23, 2011 - 7:10am | 41Analysts at Boenning & Scattergood downgrade Hill International Inc (NYSE: HIL) from “outperform” to “neutral.” HIL shares dropped 10.49% to close at $5.63 yesterday. More Analyst Ratings here
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Boenning & Scattergood Initiates TWI With Neutral
Wednesday, January 12, 2011 - 8:31am | 43Analysts at Boenning & Scattergood initiate coverage of Titan International Inc (NYSE: TWI) with a “neutral” rating. TWI shares gained 1.29% to close at $18.84 yesterday. More Analyst Ratings here