Citi Investment Research

Citi Investment Research is out with a research report on ITT Educational Services Inc (NYSE: ESI) and is lowering its price target to $68 from $70, but it has a Neutral rating on shares. In a note to clients, Citi Investment Research writes, "Q3 revenue of $361MM was in line with CIRA/Street, but...

Citi Investment Research is out with a research report on Veeco Instruments Inc (NASDAQ: VECO) and it has a Neutral rating and a $27 price target on shares. In a note to clients, Citi Investment Research writes, "Given the continuous deterioration of China MOCVD market – now exacerbated by...

Citi Investment Research is out with a research report on Newfield Exploration Co. (NYSE: NFX) and it has a Buy rating and a $48 price target to $56. In a note to clients, Citi Investment Research writes, "– Due primarily to delayed completions and reduction in drilling activity in the face of...

Citi Investment Research is out with a research report on Laboratory Corp of America (NYSE: LH) and it has a Buy rating and is raising its price target to $83 from $82. In a note to clients, Citi Investment Research writes, "3Q11 revenue, gross margin, operating income and cash EPS (with...

Citi Investment Research is out with a research report on M&T Bank Corp (NYSE: MTB) and is lowering its price target to $75 from $76, and it has a Neutral rating on shares. In a note to clients, Citi Investment Research writes, "M&T remains, in our view, one of the best managed banks in...

Citi Investment Research is out with a research report on Gevo Inc (NASDAQ: GEVO) and it has a Buy rating and a $21 price target on shares after it toured one of Gevo's facilities. In a note to clients, Citi Investment Research writes, "We still like the Gevo story – especially at this price – and...

Citi Investment Research is out with a research report on Werner Enterprises Inc. (NASDAQ: WERN) and it has a Buy rating and a $25 price target on shares. In a note to clients, Citi Investment Research writes, "Werner reported 3Q EPS of $0.40, in line with Citi and consensus estimates, as weaker...

Citi Investment Research is out with a research report on CSX (NYSE: CSX) after it reported earnings. It has a Buy rating and a $25 price target on shares. In a note to clients, Citi Investment Research writes, "CSX reported 3Q11 EPS of $0.43, in line with our and consensus' target. The quarter...

Citi Investment Research is out with a research report on Apple (NASDAQ: AAPL) after it reported earnings last night that missed estimates. It has a Buy rating and a $500 price target on shares. In a note to clients, Citi Investment Research writes, "We view this morning's pullback in AAPL shares...

Citi Investment Research is out with a research report on W.W. Grainger, Inc. (NYSE: GWW) and it is raising its price target to $143 from $136, and it has a Sell rating on shares. In a note to clients, Citi Investment Research writes, "Grainger put up a high quality quarter, with 8pp of organic...

Citi Investment Research is out with a research report on Infinera Corp (NASDAQ: INFN) and it has a Neutral rating and a $19 price target on shares. In a note to clients, Citi Investment Research writes, "Revenues/EPS of $104.0mln/($0.09) were better than the $99.9mln/($0.11) consensus and above...

Citi Investment Research is out with a research report on El Paso Pipeline Partners, L.P. (NYSE: EPB) and it has a Buy rating and a $41 price target on shares. In a note to clients, Citi Investment Research writes, "Yesterday, Kinder Morgan (KMI) announced plans to acquire EPB's general partner,...

Citi Investment Research is out with a research report on Avago Technologies (NASDAQ: AVGO) and it has a Buy rating and a $42 price target on shares. In a note to clients, Citi Investment Research writes, "AVGO outperformed the analog group 5%, 22%, and 6% in 1Q11, 2Q11, and 3Q11. In October...

Citi Investment Research is out with a research report on Teekay LNG Partners LP (NYSE: TGP) and it is raising its price target to $34 from $31.50, and it has a Neutral rating on shares. In a note to clients, Citi Investment Research writes, "TGP has entered into a 52:48% JV with Marubeni Corp. to...

Citi Investment Research is out with a research report on Blackstone Group L.P. (NYSE: BX) and is maintaining its Buy rating and $18 price target on shares. In a note to clients, Citi Investment Research writes, "We see favorable to increasing strategic positioning; strong asset gathering...