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Brean Murray Initiates Coverage of Yongye International With Hold Rating, Does Not Name PT
Monday, June 18, 2012 - 9:39am | 180In a report published earlier today, Brean Murray, Carret & Co. initiated coverage of Yongye International, Inc. (NASDAQ: YONG) with a Hold rating, but did not name a price target. Brean Murray went on to say “Since the beginning of 2011, Yongye has been regarded as a battleground stock in...
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UPDATE: Brean Murray Reiterates Buy Rating, Lowers PT for Rovi Corporation
Monday, June 18, 2012 - 9:30am | 123In a company update published earlier today, Brean Murray, Carret & Co. reiterated its Buy rating for Rovi Corporation (NASDAQ: ROVI), but lowered its price target from $41.00 to $33.00. Brean Murray went on to say “We still see Rovi hitting the midpoint of its 2012 EPS guidance and generating...
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UPDATE: Brean Murray Carret & Co. Initiates Coverage on SeaChange International
Thursday, May 31, 2012 - 9:41am | 125According to a research report published this morning, Brean Murray Carret & Co. has initiated SeaChange International (NASDAQ: SEAC) with a Buy rating and $11 PT. In the report, Brean Murray Carret & Co. commented, "We believe SeaChange is well positioned to capitalize on the shift to TV...
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UPDATE: Brean Murray Reiterates Buy Rating, Lowers PT for The Wet Seal
Wednesday, May 23, 2012 - 11:10am | 200In a company update published earlier today, Brean Murray, Carret & Co., LLC reiterated its Buy rating for The Wet Seal, Inc. (NASDAQ: WTSLA), but lowered its price target from $5.00 to $4.00. Brean Murry said it made its decisions “after WTSLA reported in‐line (and preannounced) 1QFY13...
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UPDATE: Brean Murray Carret & Co. Upgrades The Warnaco Group
Wednesday, May 23, 2012 - 9:20am | 146According to a research report published this morning, Brean Murray Carret & Co. has upgraded The Warnaco Group (NYSE: WRC) from Hold to Buy. In the report, Brean Murray Carret & Co. said, "With WRC trading within 10% of its 52 week low, competitor GUESS? (GES $24.44, Buy) providing...
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UPDATE: Brean Murray Carret & Co. Raises Guess?'s PT
Wednesday, May 23, 2012 - 9:16am | 111According to a research report published this morning, Brean Murray Carret & Co. has increased Guess?'s (NYSE: GES) PT from $35 to $37. In the report, Brean Murray Carret & Co. said, "We are reiterating our Buy rating, tweaking our price target to $37 and raising FY13 and FY14 EPS to $2.61...
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Brean Murray Carret & Co: True Religion Apparel Continues to Take Over the Premium Denim Market
Tuesday, May 22, 2012 - 7:34am | 144According to a research report this morning, True Religion Apparel (NASDAQ: TRLG) continues to take market share within its niche market and push growth to the next level. Brean Murray Carret & Co stated, “We believe True Religion continues to take market share in the premium denim market and...
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Brean Murray Carret & Co Raises Estimates on Urban Outfitters
Tuesday, May 22, 2012 - 7:23am | 117According to a research report this morning, Brean Murray Carret & Co raises FY13 EPS from $1.40 to $1.46 on Urban Outfitters (NASDAQ: URBN) following the $0.08 upside to its 1Q projections. Brean Murray Carret & Co explained, “We continue to assume gross margin upside in 2H, which is the...
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UPDATE: Brean Murray Carret & Co. Upgrades American Eagle Outfitters
Monday, May 21, 2012 - 7:57am | 144According to a research report published this morning, Brean Murray Carret & Co. has upgraded American Eagle Outfitters (NYSE: AEO) from Hold to Buy. In the report, Brean Murray Carret & Co. commented, "We are raising our rating for AEO to Buy (from Hold), instituting a price target of $23...
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UPDATE: Brean Murray Carret & Co. Lowers Guess' PT
Monday, May 21, 2012 - 7:50am | 153According to a research report published this morning, Brean Murray Carret & Co. has lowered Guess' (NYSE: GES) PT from $42 to $35. Brean Murray Carret & Co. said in the report, "We are reiterating our Buy rating, but slashing our FY13 EPS projection to $2.22 (from $2.61) and FY14 EPS...
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UPDATE: Brean Murray Carret & Co. Initiates Coverage on Penn Virginia
Monday, May 21, 2012 - 7:41am | 165According to a research report published this morning, Brean Murray Carret & Co. has initiated Penn Virginia (NYSE: PVA) with a Buy rating and $10 PT. Brean Murray Carret & Co. said, "Proceeds from the company's anticipated Granite Wash divestiture should shift market focus from liquidity...
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UPDATE: Brean Murray Carret & Co. Upgrades Alpha Natural Resources
Monday, May 21, 2012 - 7:36am | 101According to a research report published this morning, Brean Murray Carret & Co. has upgraded Alpha Natural Resources (NYSE: ANR) from Hold to Buy. In the report, Brean Murray Carret & Co. said, "We are upgrading Alpha Natural Resources to Buy from Hold with a $15 target price. In our...
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UPDATE: Brean Murray Carret & Co. Lowers Sina's PT
Wednesday, May 16, 2012 - 8:10am | 115According to a research report published this morning, Brean Murray Carret & Co. has lowered Sina's (NASDAQ: SINA) PT from $92 to $82. In the report, Brean Murray Carret & Co. said, "SINA reported 1Q12 results with Non GAAP revenue of $101.5mm at the low end of its guidance and below...
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UPDATE: Brean Murray Carret & Co. Lowers Home Inns and Hotels Management's PT
Friday, May 11, 2012 - 8:18am | 129According to a research report published this morning, Brean Murray Carret & Co. has lowered Home Inns and Hotels Management's (NASDAQ: HMIN) PT from $41 to $39. Brean Murray Carret & Co. commented in the report, "Net revenue came in at RMB1,179mm, ahead of consensus of RMB1,148mm. HMIN...
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UPDATE: Brean Murray Carret & Co. Upgrades Scientific Games
Thursday, May 10, 2012 - 9:17am | 138According to a research report published this morning, Brean Murray Carret & Co. has upgraded Scientific Games (NASDAQ: SGMS) from Hold to Buy. In the report, Brean Murray Carret & Co. commented, "SGMS reported a solid 1Q, but more importantly, domestic sales trends remain robust driven by...