Brean Murray Carret & Co.

In a report published Monday, Brean Murray, Carret & Co. reiterated its Buy rating and $35.00 price target on Seagate Technology (NASDAQ: STX). Brean Murray noted, “STX Analyst Day went off in line with our expectations, including STX's Sep Q update and new L‐T model, with the management team...

In a report published Wednesday, Brean Murray, Carret & Co. reiterated its Buy rating on Fuel Tech (NASDAQ: FTEK), and slightly raised its price target from $6.00 to $7.00. Brean Murray noted, “Though Fuel Tech is now working through uncertainty after the vacating of CSAPR and lower U.S. coal...

In a report published Monday, Brean Murray, Carret & Co. reiterated its Hold rating on NetApp (NASDAQ: NTAP). Brean Murray noted, “We remain cautious on NTAP into earnings on 8/15 while acknowledging the stock appears attractively valued on traditional metrics (FCF and P/E ex‐cash), and...

In a report published Monday, Brean Murray, Carret & Co. reiterated its Buy rating on Northwest Natural Gas (NYSE: NWN), but slightly lowered its price target from $53.00 to $52.00. Brean Murray noted, “2Q12 results for Northwest Natural Gas fell just short of expectations. EPS of $0.05 was...

In a report published Monday, Brean Murray, Carret & Co. reiterated its Hold rating on Time Warner Cable (NYSE: TWC). Brean Murray noted, “Time Warner Cable (TWC) will report 2Q12 results on Thursday, August 2, before the open. We expect results to be acceptable, at least optically, as TWC...

In a report published Friday, Brean Murray, Carret & Co. reiterated its Buy rating on Electronic Arts (NASDAQ: EA) but lowered its price target from $18.00 to $14.00. Brean Murray noted, “We believe EA will ultimately make a successful transition to digital. The transition to digital has put...

In a report published Wednesday, Brean Murray, Carret & Co. reiterated its Hold rating on Lexmark International (NYSE: LXK). Brean Murray noted, “LXK is essentially trading at trough P/E on 2013 EPS and could be close to bottoming (assuming CY13 EPS of ~$3.40, vs. LXK's reduced CY12 guidance...

In a report published Wednesday, Brean Murray, Carret & Co. reiterated its Buy rating and $32.00 price target on EMC Corporation (NYSE: EMC). Brean Murray noted, “EMC continues to be our top pick heading into 2H12 on the back of product cycles, share gains, and attractive growth. Aside from...

In a report published Wednesday, Brean Murray, Carret & Co. reiterated its Buy rating on Peabody Energy Corporation (NYSE: BTU), but lowered its price target from $28.00 to $25.00. Brean Murray noted, “Our $25 target is based on a detailed DCF model and an estimated 7.0x 2013 EV/EBITDA...

In a report published Wednesday, Brean Murray, Carret & Co. reiterated its Buy rating on Rovi Corporation (NASDAQ: ROVI), but lowered its price target from $33.00 to $17.00. Brean Murray noted, “Rovi has been a slow moving train wreck since the acquisition of Sonic Solutions with two major...

In a report published Wednesday, Brean Murray, Carret & Co. reiterated its Buy rating on New York & Company (NYSE: NWY), and raised its price target from $4.50 to $6.00. Brean Murray noted, “Given the strength in performance in 2QFY13, we believe New York & Company's management team...

In a company update published Friday, Brean Murray Carret reiterated its Hold rating on Lexmark International (NYSE: LXK). Brean Murray went on to say, “LXK pointed to softer‐than‐expected demand (particularly in Europe) and a greater‐than‐expected impact from FX (which we believe will impact both...

According to a research report published Thursday, Brean Murray Carret & Co. has downgraded American States Water Company (NYSE: AWR) from Buy to Hold, and removed its $42 PT. In the report, Brean Murray Carret & Co. said, "We now consider the shares fairly valued; they are trading just...

According to a research report published this morning, Brean Murray Carret & Co. has lowered Xyratex's (NASDAQ: XRTX) price target from $20 to $16. In the report, Brean Murray Carret & Co. commented, "Another strong quarter with EPS at $0.32, vs. our estimate of $0.26, primarily driven by...