Dahlman Rose

In a report published Friday, Dahlman Rose upgraded its rating on Rentech Nitrogen Partners LP (NYSE: RNF) from Hold to Buy, and set a $50.00 price target. Dahlman Rose noted, “It seems as if it is a rite of Spring--we are raising our near-term outlook for the ag sector as well as some selected...

In a report published Friday, Dahlman Rose upgraded its rating on CF Industries Holdings (NYSE: CF) from Hold to Buy, and set a $235.00 price target. Dahlman Rose noted, “It seems as if it is a rite of Spring--we are raising our near-term outlook for the ag sector as well as some selected equities...

In a report published Friday, Dahlman Rose upgraded its rating on Agrium (NYSE: AGU) from Hold to Buy, and set a $120.00 price target. Dahlman Rose noted, “It seems as if it is a rite of Spring--we are raising our near-term outlook for the ag sector as well as some selected equities to reflect a...

Dahlman Rose downgraded Molycorp (NYSE: MCP) from Buy to Hold. Dahlman Rose commented, "In the company's 8-K, filed alongside its proposed $300MM capital raise announcement, management alluded to an additional $130MM in capex for 2013. We are downgrading Molycorp to Hold from Buy, based on...

Dahlman Rose upgraded Alpha Natural Resources (NYSE: ANR) from Hold to Buy and announced a $12.00 price target. Dahlman Rose said, "We are upgrading shares of ANR… to Buy from Hold based on improvements in reported pricing, potential global supply issues, and a shift in steel inputs and margins....

Dahlman Rose upgraded Walter Energy (NYSE: WLT) from Hold to Buy and established a $48.00 price target.. Dahlman Rose said, "We are upgrading shares of WLT… to Buy from Hold based on an improving outlook of the global met coal market. In our view, recent global coking coal supply issues and spot...

Dahlman Rose initiated coverage on Olin Corporation (NYSE: OLN) with a Hold rating. Dahlman Rose said, "OLN is using a combination of cost cutting and bolt-on acquisitions to improve profitability. While helpful, we believe the shares will be challenged to outperform without a lift from the...

Dahlman Rose initiated coverage on Hess Corporation (NYSE: HESS) with a Hold rating. Dahlman Rose said, "We believe the companywide transition that began in 2009 is creating a more predictable/profitable growth model. Following restructuring of the R&M business (R&M is now 10% of overall...

Dahlman Rose initiated coverage on Occidental Petroleum Corporation (NYSE: OXY) with a Buy rating and an $86 price target. Dahlman Rose commented, "Following recent underperformance, we believe the risk/reward is attractive. As cost cutting initiatives add to the bottom line by mid-2013 along...

Dahlman Rose published a research report on Chevron (NYSE: CVX) and upgraded the company from Hold to Buy with a $120 price target. In the report, Dahlman Rose wrote, "After the market close, CVX increased the Gorgon LNG project cost estimate to A$52 Bn (US $54 Bn using current exchange rate)....

Dahlman Rose initiated coverage on Geospace Technologies (NASDAQ: GEOS) with a Buy rating and a $85 price target. Dahlman Rose commented, "We are initiating coverage of GEOS with a Buy rating and an $85 price target. Given GEOS' first-mover advantage, consistent success, and leading market share...

Dahlman Rose raised its rating on Cameron International (NYSE: CAM) fromHold to Buy and raised its price target from $56 to $61. Dahlman Rose commented, "Cameron and Schlumberger today announced that they are combining their subsea-related businesses into a joint venture that Cameron would manage...

Dahlman Rose reiterated its Buy rating on Alliance Resource Partners (NASDAQ: ARLP) but lowered its price target from $74 to $72. Dahlman Rose noted, "While the company raised its quarterly distribution by 2% sequentially and 13% y/y, operating results were mixed versus our estimates. Sales of 8....

Dahlman Rose raised its rating on Hercules Offshore (NYSE: HERO) from Hold to Buy and established a $6.50 price target. Dahlman Rose noted, "We expect the US GOM Jackup market to continue to strengthen in the coming quarters. We believe there could be $5-10,000/day of upside to our dayrate...

Dahlman Rose lowered its rating on Overseas Shipholding Group (NYSE: OSG) from Hold to Sell and introduced a $0.50 price target as a tax interpretation issues violates loan covenants. Dahlman Rose noted, "We are downgrading OSG shares to Sell due to uncertainty regarding the company's financial...