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JPMorgan Just Came Out Negative On General Electric: Risks Don't Support Premium
Thursday, May 12, 2016 - 7:24am | 297General Electric Company (NYSE: GE) shares outperformed the group by ~3,000bps. JPMorgan’s C. Stephen Tusa, Jr resumed coverage of the company with an Underweight rating and a price target of $27. The analyst commented that General Electric’s ongoing FCF weakness and fundamental risks...
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JP Morgan Upgrades Tyco To Overweight
Wednesday, November 11, 2015 - 10:19am | 306Shares of Tyco International PLC (NYSE: TYC) have declined 16.28 percent year-to-date, from a high of $43.99 on January 8. JP Morgan’s C. Stephen Tusa, Jr has upgraded the rating on the company from Neutral to Overweight, while raising the price target from $40 to $42. Tusa believes...
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Analysts Initiate Coverage On HD Supply Holdings: Three Positive, One Neutral
Tuesday, August 6, 2013 - 3:54pm | 617Four analysts initiated coverage of HD Supply Holdings (NASDAQ: HDS) Tuesday and the outlook is mostly favorable. Related: W.W. Grainger, Inc. Reports Q2 EPS of $3.03 vs $2.96 Est; Revenue of $2.38B vs $2.40B Est JP Morgan JP Morgan analysts C. Stephen Tusa, Jr. and Drew Pierson assigned an...
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UPDATE: J.P. Morgan Initiates HD Supply at Overweight on Favorable Risk/Reward Around Premium Growth
Tuesday, August 6, 2013 - 8:48am | 130In a report published on Tuesday, J.P. Morgan analyst C. Stephen Tusa initiated coverage on HD Supply (NASDAQ: HDS) with an Overweight rating and a $27 price target. In the report, J.P. Morgan stated, "While unproven relative to the bellwethers like GWW/FAST, heavy investment in resources to...