Brean Murray Carret & Co.

Brean Murray, Carret & Co. has downgraded shares of Met-Pro Corporation (NYSE: MPR) to from Buy to Hold. “The shares of MPR have reached our target price, and we are downgrading our rating to hold from Buy based on valuation,” Brean Murray writes. “With the shares trading at 30x trailing P/E...

Brean Murray Carret & Co. is reiterating its Buy rating and $40 price target on shares of Avnet Inc. (NYSE: AVT). In a note sent to investors, Brean Murray writes, "Our Buy thesis remains absolutely intact after attending Avnet's analyst day in NYC yesterday – in fact if anything, we remain...

Brean Murray Carret & Co. has a Buy rating and a $17 rice target on shares of Dell (NASDAQ: DELL) after the company acquired Compellent Technologies (NYSE: CML) yesterday. In the note sent to clients, Brean Murray writes, "We believe Dell continues to maintain (and will generate) very...

Brean Murray Carret & Co. has a note on Dell's (NASDAQ: DELL) proposed take under of Compellent Technologies, Inc. (NYSE: CML). Yesterday, Dell and Compellent came out and said that Dell was going to offer $27.50 per share for Compellent, which was far lower than where the stock was trading...

Brean Murray Carret & Co. has published a research report on Lexmark International Inc. (NYSE: LXK) as Brean believes that the company's current levels make it an attractive entry point. In the report, Brean Murray Carret & Co. writes "[We] believe that the incremental issues that seem to...

Brean Murray Carret & Co. is lowering its price target on Seagate Technology (NASDAQ: STX) to $16 from $18, but is keeping its Buy rating after the company announced it would not be going private. In a note sent to investors, Brean Murray writes, "Seagate announced the termination of its...

Brean Murray Carret & Co. is raising its price target on Dell Inc. (NASDAQ: DELL) to $17 from $16, and is keeping its Buy rating on shares after the company reported better than expected earnings yesterday. In a note sent to clients, Brean Murray writes, "Significant gross margin upside...

Brean Murray Carret & Co. is out with a research report on Xyratex Ltd. (NASDAQ: XRTX), and is saying that it would be a buyer of shares. It has a $24 price target on shares. In a note sent to clients, Brean Murray writes, "We'd pick up shares of both Xyratex & EFI after what we believe...

Synnex (NYSE: SNX) recently announced its intention to acquire an 80% controlling interest in Marubeni Infotec Corporation. Marubeni is the third largest broadline IT distributor of IT equipment, electronic components and software in Japan. Brean Murray Carret & Co believe that the acquisition...

Brean Murray Carret & Co. are out with their research report today on Internation Game Technology (NYSE: IGT) in which they reduce their FY 2011 EPS Estimates. BMC & Co. writes, "We are reducing our FY 2011 EPS estimates $0.08 to $0.84 and initiating our FY2012 EPS estimate of $1.01 due...

In a report released this morning, Brean Murray, Carret & Co. said that it is raising South Jersey Industries' (NYSE: SJI) price target to $55. “SJI posted 3Q10 EPS of $0.10 versus a loss of $0.06 last year, a dime ahead of both our and consensus estimates for breakeven results,” Brean Murray,...

This morning, Brean Murray, Carret & Co. said that it is lowering its price target on shares of Wonder Auto Technology, Inc. (NASDAQ: WATG). “Auto sales [in October] were 1,539K,” Brean Murray, Carret & Co. writes. “While October auto sales fell slightly MoM due to the October National...

Brean Murray Carret & Co. published its research report on 7 Days Group Holdings Ltd. (NYSE: SVN) showing strong 3Q10 results. 7 Days revenue beat BMC & Co.'s estimate by RMB10 million. They also had better EBITDA figures than estimated which BMC & Co. attributes to "improving operating...

In a report released this morning, Brean Murray, Carret & Co. reiterated its Buy rating and $39 price target on shares of Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX). “Our 12-month target is derived by summing up the following components of Onyx's development programs: the risk-adjusted NPV of...

7 Days Group Holdings (NYSE: SVN) reported solid 3Q10 results with revenue exceeding the high end of guidance and adjusted EBITDA beating Brean Murray, Carret & Co.'s estimate by RMB10 million. “While store openings were largely in-line with our expectations, we were impressed by the robust...