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UPDATE: Citi Initiates Coverage On Costco Wholesale Corporation
Monday, September 15, 2014 - 11:24am | 140Analysts at Citi Research initiated coverage on Costco Wholesale Corporation (NASDAQ: COST) with a Buy rating and $150 price target Monday. Oliver Chen highlighted factors that may yield upside in shares of Costco: Costco provides high-end products for affordable prices. Costco offers a low...
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UPDATE: International Rectifier Rebounds After Citi Upgrade
Friday, January 31, 2014 - 3:39pm | 192In a report published Friday, Citi Investment Research analyst Terence Whalen upgraded International Rectifier (NYSE: IRF) from Neutral to Buy and assigned a $33.00 price target. International Rectifier reported revenue of $269.9 million versus Citi's $268 million estimate. Management announced...
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UPDATE: Citi Upgrades Linear Technology on Solid Industrial Exposure, Limited Smartphone Exposure
Friday, January 31, 2014 - 3:02pm | 179In a report published Friday, Citi Investment Research analyst Terence Whalen analyzed specialty semiconductors and noted solid industrial exposure and limited smartphone exposure driving growth in 2014 for Linear Technology (NASDAQ: LLTC). Whalen upgraded Linear Technology from Neutral to Buy and...
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Citi Reiterates Buy on Dell
Wednesday, November 16, 2011 - 8:35am | 168Citi Investment Research is out with a research report on Dell (NASDAQ: DELL) and it is reiterating its Buy rating and $20 price target on shares. In a note to clients, Citi Investment Research writes, "3FQ revs came in ~2% light, however, EPS of $0.54 were above the street's $0.47 primarily due...
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Citi Reiterates Buy on Urban Outfitters
Tuesday, November 15, 2011 - 8:43am | 151Citi Investment Research is out with a research report on Urban Outfitters Inc. (NASDAQ: URBN) and it is reiterating its Buy rating and a $34 price target on shares after it reported earnings. In a note to clients, Citi Investment Research writes, "Inventory ended 3Q higher than we expected as the...
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UPDATE: Citi Lowering Price Target on McDermott International
Tuesday, November 15, 2011 - 8:38am | 105Citi Investment Research is out with a research report on McDermott International Inc (NYSE: MDR) and it is lowering its price target to $15 from $22.50, but is keeping its Buy rating on shares. In a note to clients, Citi Investment Research writes, "MDR shared a preliminary 2012 outlook, which...
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Citi Has Buy on Amgen
Monday, November 14, 2011 - 2:25pm | 96Citi Investment Research is out with a research report on Amgen (NASDAQ: AMGN) and it has a Buy rating and a $65 price target on shares. In a note to clients, Citi Investment Research writes, "─Our analysis of weekly IMS scrips suggests that US Prolia sales are tracking at $47.6M vs. Citi Q4 ests...
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Citi Has Buy on Home Depot
Monday, November 14, 2011 - 9:24am | 135Citi Investment Research is out with a research report on Home Depot (NYSE: HD) and it has a Buy rating and a $44 price target on shares. In a note to clients, Citi Investment Research writes, "We rate HD as a Buy as we see a clear organic runway through market share gains while maintaining...
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Citi Has Buy on Dick's Sporting Goods
Monday, November 14, 2011 - 9:20am | 174Citi Investment Research is out with a research report on Dick's Sporting Goods Inc (NYSE: DKS) and it has a Buy rating and a $43 price target on shares. In a note to clients, Citi Investment Research writes, "We remain constructive on the name based on 1) guidance for flat comps in 2H which...
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Citi Has Neutral on Staples
Monday, November 14, 2011 - 9:17am | 109Citi Investment Research is out with a research report on Staples Inc (NASDAQ: SPLS) and it has a Neutral rating and a $15 price target on shares. In a note to clients, Citi Investment Research writes, "We remain on the sidelines for SPLS. We see limited upside from current levels on 1) OM%...
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Citi Upgrading salesforce.com
Monday, November 14, 2011 - 9:10am | 77Citi Investment Research is out with a research report on salesforce.com (NYSE: CRM) and it is raising its price target to $122 from $158, and is upgrading shares from Buy to Neutral. In a note to clients, Citi Investment Research writes, "Our change in opinion is based on increasing confidence in...
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Citi Downgrading Alimera Sciences
Monday, November 14, 2011 - 9:07am | 204Citi Investment Research is out with a research report on Alimera Sciences Inc (NASDAQ: ALIM) and it is downgrading shares to Neutral and it has a $12 price target. In a note to clients, Citi Investment Research writes, "We are downgrading ALIM to Neutral (from Buy) as the FDA indicated on Friday...
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Citi Has Buy on J&J
Monday, November 14, 2011 - 8:38am | 117Citi Investment Research is out with a research report on Johnson & Johnson Inc (NYSE: JNJ) and it has a Buy rating and a $72 price target on shares. In a note to clients, Citi Investment Research writes, "The ATLAS data backed the 9/30 preliminary release that the primary endpoint was met,...
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Citi Has Buy on KKR
Thursday, November 10, 2011 - 8:38am | 150Citi Investment Research is out with a research report on KKR & Co. (NYSE: KKR) and it has a Buy rating and a $17 price target on shares. In a note to clients, Citi Investment Research writes, "Maintain Buy; $17 SOTP price target following CIRA-sponsored investor meetings with senior...
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UPDATE: Citi Lowering Price Target on Catalyst Health Solutions
Thursday, November 10, 2011 - 8:35am | 157Citi Investment Research is out with a research report on Catalyst Health Solutions, Inc. (NASDAQ: CHSI) and it is lowering its price target to $63 from $74, and it has a Buy rating on shares. In a note to clients, Citi Investment Research writes, "CHSI shares have sold off about 15% since the...