Brean Murray Carret & Co

In what appeared to be a positive fourth quarter earnings report by NetApp (NASDAQ: NTAP) unfortunately took a sharp turn when management's F1Q13 guidance left analysts scratching their heads. Research firms responded to the cloudy projection with a slew of price target drops and downgrades, but...

Despite the rumors and a possible Tim Cook sighting, Brean Murray's Todd Mitchell has serious doubts about a console from Apple and/or Valve. Over the past several weeks, gamers from all over the world have been intrigued and excited by the reports that Valve -- the famous developer behind some of...

Pre-open movers US stock futures are mixed this morning, as investors are awaiting weekly jobless claims data. Futures for the Dow Jones Industrial Average surged 7 points to 12,923.00 and S&P 500 index futures fell 0.60 points to 1,355.30. Nasdaq 100 futures gained 2.50 points to 2,581.25. A...

According to Brean Murray Carret & Co, Avnet (NYSE: AVT), PT has been reduced to $30 from $44 and FY11 EPS estimates increased from $4.21 to $4.32. Rating is set to Buy. Avnet closed yesterday at $25.52.

According to Brean Murray Carret & Co, Home Inns and Hotels Management (NASDAQ: HMIN), PT has been increased from $49 to $51 and rating has been reiterated at Buy. HMIN closed yesterday at $34.38.

According to Brean, Gilead Sciences (NASDAQ: GILD), EPS estimates have changed. Brean reported a change in EPS estimates from $3.91 to $3.65 for FY11 and from $4.40 to $4.22 for FY12. Rating is set to Buy with a PT of $52. Gilead closed yesterday at $35.34.

Brean Murray Carret & Co is reiterating its Buy rating on the apparel industry with Hanesbrands starting off the 1Q earnings season tomorrow. It believes there are a number of specific and general factors which should allow for the apparel industry to remain strong in 1H and beat Street...

According to Brean Murray Carret & Co, Tech Data Corp (NASDAQ: TECD) Buy rating is reiterated, as is its $60 price target. Brean Murray Carret & Co reported that it is reiterating the Buy thesis and price target after attending Tech Data's analyst day. Tech Data Corp closed yesterday at $...

According to Brean Murray Carret & Co, Abercrombie & Fitch (NYSE: ANF) estimates and price target are raised. Brean Murray Carret & Co reported that it is raising its FY1 and FY12 estimates to $2.60 (from $2.48) and $4.00 (from $3.16) respectively and increasing its price target form...

According to Brean Murray Carret & Co, Walter Energy (NYSE: WLT) hosted a sell-side event in New York yesterday to introduce the new management team. Brean Murray Carret & Co reported that new CEO Keith Calder was extremely optimistic about Walter's prospects. “We remain bullish on Walter...

Brean Murray Carret & Co. has reported on the past week's clean energy. According to the report, "Smart Grid stocks posted strong gains last week, outperforming the broad market indics, amidst a modest market rally focused on infrastructure reconstruction efforts in Japan. Smart grid stocks...

Brean Murray Carret & Co. is out with a research report this morning, where it reiterates its Buy rating on Synnex Corp. (NYSE: GRS). The BMC analysts cited the company's recent earnings results, which were slightly above estimates. Despite the Japanese earthquake impact, Synnex continues to...

Brean Murray Carret & Co has issued a report on the state of the hard drive supply chain. According to the report, "Contrary to recent reports (press and otherwise), we believe the hard drive supply chain remains adequately supplied through (at least) the June Q (both desktop and notebook)....

Brean Murray Carret & Co has issued a report on Scientific Games Corp.'s (NASDAQ: SGMS) first quarter metrics tracking. According to the report, "With instant tickets tracking well in Italy and China and lottery jackpots robust in the US, we are more confident that SGMS could generate upside...

Brean Murray Carret & Co. has published a research report on Seagate Technology (NYSE: STX) after the company reported December quarter results that were in-line with expectations. In the report, Brean Murray writes "STX has ample financial capacity to retire the entire $2B in repurchase...