Dahlman Rose & Co.

In a report published Monday, Dahlman Rose & Co. reiterated its Buy rating on Diana Containerships (NASDAQ: DCIX), but slightly lowered its price target from $9.00 to $8.00. Dahlman Rose noted, “DCIX's reiterated dividend policy represents a $1.20 annual dividend and a 22% yield at the current...

In a report published Friday, Dahlman Rose & Co. upgraded its rating on RPC (NYSE: RES) from Sell to Hold. Dahlman Rose noted, “We see a neutral risk-reward between our downside value of $10 (-7%), based on 1.5x replacement value and an upside valuation of $12, based on 5x 2013 EBITDA (+11...

In a report published Monday, Dahlman Rose & Co. downgraded its rating on Rowan Companies (NYSE: RDC) from Buy to Hold. Dahlman Rose noted, “We are downgrading RDC to Hold based on our international jackup model that indicates marketed utilization is probably peaking at 92% currently and could...

In a report published Wednesday, Dahlman Rose & Co. assumed coverage on Rare Element Resources Ltd. (NYSE: REE), but downgraded its rating from Buy to Hold. Dahlman Rose noted, “We are assuming coverage of REE with a Hold (downgrade from Buy). Bear Lodge demonstrates an attractive resource...

In a report published Monday, Dahlman Rose & Co. reiterated its Buy rating on Prospect Global Resources (NASDAQ: PGRX), and raised its price target from $5.00 to $9.00. Dahlman Rose noted, “We view PGRX's off-take agreement as a major milestone for the company. This should improve the company'...

In a report published Monday, Dahlman Rose & Co. downgraded its rating on CF Industries Holdings (NYSE: CF) from Buy to Hold. Dahlman Rose noted, “We are reducing our rating on CF to Hold from Buy based on our belief that a majority of the positive elements driving earnings are easing or...

In a report published Monday, Dahlman Rose & Co. reiterated its Buy rating on Arch Coal (NYSE: ACI), and slightly raised its price target from $9.00 to $10.00. Dahlman Rose noted, “ACI has ~$4.5 Bn of debt following the ICO acquisition, putting leverage near 60%. While the goal is to drive...

In a report published Friday, Dahlman Rose & Co. reiterated its Buy rating on Spirit Airlines Incorporated (NASDAQ: SAVE), but lowered its price target from $27.00 to $23.00. Dahlman Rose noted, “Last year, Spirit reported total unit revenues increased 28.4%, due in part to the company seeing...

In a report published Wednesday, Dahlman Rose & Co. reiterated its Buy rating and $74.00 price target on Genesee & Wyoming (NYSE: GWR). Dahlman Rose noted, “GWR announced at our transportation conference last week that the Surface Transportation Board (STB) had arrived at a preliminary...

In a report published Wednesday, Dahlman Rose & Co. upgraded its rating on SkyWest (NASDAQ: SKYW) from Sell to Hold. Dahlman Rose noted, “SkyWest announced it entered into a four-year agreement with American Airlines for 23 CRJ200 regional aircraft. The aircraft will begin to be placed into...

In a report published Friday, Dahlman Rose & Co. reiterated its Buy rating on CONSOL Energy (NYSE: CNX), and raised its price target from $35.00 to $38.00. Dahlman Rose noted, “We have become more positive on CNX's Gas Operations with stabilization in the natural gas markets over the past few...

In a report published Friday, Dahlman Rose & Co. initiated coverage on Swift Transportation Co. (NYSE: SWFT) with a Hold rating. Dahlman Rose noted, “We believe that the long-term outlook is favorable for Swift Transportation, as the company leverages a potential truckload (TL) capacity crunch...

In a report published Wednesday, Dahlman Rose & Co. downgraded its rating on Celanese Corporation (NYSE: CE) from Buy to Hold. Dahlman Rose noted, “CE reported adjusted EPS of $1.47/share that beat the $1.40/share consensus due mostly to better-than-expected affiliate earnings. The acetyl...

In a report published Monday, Dahlman Rose & Co. reiterated its Buy rating on Teekay Tankers (NYSE: TNK), but lowered its price target from $9.00 to $5.50. Dahlman Rose noted, “We are tweaking our estimates to reflect management's guidance on the 2Q12 earnings conference call and presentation...

Dahlman Rose & Co. downgraded Air Transport Service Group (NASDAQ: ATSG) after it reported earnings. Dahlman Rose & Co. noted, “We are downgrading Air Transport Services Group (ATSG) to Hold from Buy. Management reduced its EBITDA outlook to $170 million from $190 million. This is the...