Brean Murray Carret & Co.

According to a research report published this morning, Brean Murray Carret & Co. has upgraded Vertex Pharmaceuticals (NASDAQ: VRTX) from Hold to Buy. In the report, Brean Murray Carret & Co. said, "Vertex put lackluster Phase 2 results from last summer in the rearview mirror today by...

According to a research report published this morning, Brean Murray Carret & Co. has downgraded Murphy Oil (NYSE: MUR) from Buy to Hold, and removed its $71 PT. In the report, Brean Murray Carret & Co. commented, "We are downgrading Murphy Oil to Hold because the company's first quarter...

According to a research report published this morning, Brean Murray Carret & Co. has downgraded Alpha Natural Resources (NYSE: ANR) from Buy to Hold, and removed its $25 PT. In the report, Brean Murray Carret & Co. mentioned, "Despite met coal markets recently showing signs of improvement...

According to a research report published this morning, Brean Murray Carret & Co. has upgraded Walter Energy (NYSE: WLT) from Hold to Buy. In the report, Brean Murray Carret & Co. said, "Concurrent with increased production, Walter has already shown progress on the cost side during 1Q12,...

Management at American Eagle Outfitters (NYSE: AEO) must be thrilled this morning, as a blowout first quarter has far surpassed analyst predictions and impressed beyond all previous expectations. As the company soars into acclaimed retail territory, others such as Aeropostale (NYSE: ARO) have begun...

According to a research report published this morning, Brean Murray Carret & Co. has increased American Water Works' (NYSE: AWK) PT from $39 to $40. Brean Murray Carret & Co. commented, "AWK's 1Q12 results highlight the strong fundamentals driving the underlying business model....

In a company update published earlier today, Brean Murray, Carret & Co. reiterated its Buy rating for True Religion Apparel, Inc. (NASDAQ: TRLG) and raised its price target from $32.00 to $37.00. Brean Murray said in its report “In addition to handily beating expectations across the domestic...

On an earnings call full of captivating revelations last night, True Religion Apparel (NASDAQ: TRLG) reported robust earnings, a share repurchase authorization and dividend announcement. No one expected the quarter's many surprises, with analysts raising price targets this morning and commenting on...

According to a research report published this morning, Brean Murray Carret & Co. has decreased Arrow Electronics' (NYSE: ARW) PT from $48 to $45. Brean Murray Carret & Co. said in the report, "Softer Mar Q EPS and Jun Q guide although revenue for each were in‐line – softer than expected...

According to a research report published this morning, Brean Murray Carret & Co. has downgraded EQT (NYSE: EQT) from Buy to Hold, and removed its $77 PT. In the report, Brean Murray Carret & Co. said, "We are downgrading EQT to Hold because we believe that the company's main 2012 catalyst...

The presence of spring has brought about colorful quarters for specialty retailers such as American Eagle Outfitters (NYSE: AEO) and Abercrombie & Fitch (NYSE: ANF). The youth inspired stores shared a positive start to the week, with research firms clamoring for upgrades and price changes today...

According to a research report this morning, Brean Murray Carret & Co lowers the PT on Cloud Peak Energy (NYSE: CLD) from $24 to $22 due to higher than expected costs. Brean Murray Carret & Co explained, “Our $22 target price is based on a detailed DCF model with an estimated 4.0x 2013 EV/...

Despite a bit of a slowdown, North Face (TNF), Timberland (TBL) and Vans reported positive earnings for global apparel company V.F. Corp (NYSE: VFC) during its conference call last Friday. With outdoor conditions impacting shares heavily this year, it is no wonder that cold weather gear...

Is Electronic Arts prepared to layoff 500 to 1,000 employees? The company, one of the largest game developers and publishers in the world, has denied that it will announce mass layoffs, instead claiming that its end-of-year workforce will surpass its employee base at the end of 2011. But what's...

It was revealed on Wednesday that Wynn Resorts (NASDAQ: WYNN) requested that its investors approve the removal of a Japanese billionaire as director, with reports suggesting that he made improper payments to Philippines gambling officials. According to Bloomberg, WYNN requested a special...