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FBR Upgrades Joy Global To Outperform, Lifts Target To $25
Friday, June 10, 2016 - 11:05am | 401Read More...FBR’s Lucas N. Pipes expressed increased confidence in the growth opportunities that lie ahead for Joy Global Inc. (NYSE: JOY). Pipes upgraded the rating on the company from Market Perform to Outperform, while raising the price target from $14 to $25. Doing Well In A Tough Environment “...
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FBR Starts National Commerce At Market Perform
Wednesday, May 18, 2016 - 4:27pm | 354Read More...FBR & Co. started National Commerce Corp (NASDAQ: NCOM) with a Market Perform rating and price target of $27 per share, saying that although the bank's asset quality has been good, equity returns have trailed peer averages. FBR says National Commerce shares will rise after it grows...
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FBR Initiated Atlantic Capital Bancshares At Market Perform
Wednesday, May 18, 2016 - 4:04pm | 375Read More...FBR & Co. has started Atlantic Capital Bancshares Inc (NASDAQ: ACBI) with a Market Perform rating and a price target of $16 per share, saying that it expects the bank's return on equity to trail peers in 2016 as it builds a bank team. "Based on our current earnings outlook, we do not anticipate...
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FBR Reiterates Outperform On Children's Place; Sees Big Upside Due To Management
Wednesday, May 18, 2016 - 8:58am | 210Read More...FBR &Co.'s Susan Anderson reaffirmed her Outperform rating on Childrens Place Inc (NASDAQ: PLCE) and kept the price target at $85. Anderson reported Children's Place had an "impressive quarter" with an EPS of $1.32 vs. estimates of $1.04. Comps across the company's profile were performing...
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Six Flags Now A Buy, FBR Says
Friday, April 1, 2016 - 11:26am | 225Read More...Six Flags Entertainment Corp (NYSE: SIX) has launched new virtual reality technology for its roller coasters in three parks, early reactions to which, both in terms of media coverage and visitor reaction, is larger than what is typically seen for new roller coasters. FBR’s Barton Crockett...
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FBR Downgrades Vanguard Natural Resources Following Suspension Of Distribution
Monday, March 7, 2016 - 9:48am | 315Read More...FBR’s Chad Mabry downgraded the rating on Vanguard Natural Resources, LLC (NASDAQ: VNR) from Outperform to Market Perform, while lowering the price target to $2. Distribution Suspension The company announced on March 4 that it was suspending distribution on its common and preferred...
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Project Approval 'Imminent' For FuelCell, Analyst Values Stock At $8
Friday, March 4, 2016 - 11:04am | 281Read More...FBR's Carter Driscoll maintained an Outperform rating on FuelCell Energy Inc (NASDAQ: FCEL), with a price target of $8. According to the FBR report, "FuelCell shares have rallied sharply over the past week, partly, we believe, on the expectation that the company will receive final...
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FBR Cuts Mobileye's Price Target From $50 To $30 Following Not-So-Perfect Quarter
Thursday, February 25, 2016 - 8:42am | 300Read More...FBR's Christopher Rolland maintained a Market Perform rating on Mobileye NV (NYSE: MBLY), while reducing the price target from $50 to $30. The company reported its 4Q15 results on Wednesday, with a marginally better than anticipated topline. The 1Q16 guidance was in line with expectations...
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Annaly Capital Gets New Outperform From FBR's mREIT Analyst: What It Means
Tuesday, February 23, 2016 - 11:46am | 338Read More...FBR's Jessica Levi-Ribner has upgraded the rating on Annaly Capital Management, Inc. (NYSE: NLY) from Market Perform to Outperform, while raising the price target from $11 to $12. Analyst Jessica Levi-Ribner explained that the upgrade was based on the company's "defensive asset...
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FBR Downgrades Fluor Given 'Intermediate-Term Uncertainty'
Friday, February 19, 2016 - 11:19am | 281Read More...On Friday, FBR & Co. issued a company note on Fluor Corporation (NEW) (NYSE: FLR) and lowered its earnings estimates after the company announced 4Q15 results below consensus expectations. Analysts at FBR & Co downgraded Fluor Corporation from Outperform to Market Perform and lowered their...
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Qualcomm Analyst Day 'Uneventful,' FBR Says
Friday, February 12, 2016 - 11:24am | 306Read More...The share price of QUALCOMM, Inc. (NASDAQ: QCOM) has declined 38.35 percent over the past one year, to a low of $42.96 on February 10. FBR’s Christopher Rolland has maintained a Market Perform rating on the company. While the company’s analyst day was “generally...
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FBR Still Likes Apple At $120, Is 'Cautiously Optimistic' On Stock
Friday, February 12, 2016 - 10:49am | 286Read More...Shares of Apple Inc. (NASDAQ: AAPL) have plummeted 19 percent since November 12 and are currently trading near their 52-week low of $92. FBR’s Christopher Rolland maintained an Outperform rating on the company, with a price target of $120. Rolland mentioned that he was “...
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FBR Keeps Outperform On Prospect Capital, Sees 60% Upside
Thursday, February 11, 2016 - 4:38pm | 284Read More...FBR & Co. analysts Christopher Nolan and Matthew Brotman reiterated an Outperform rating and $9.00 price target on shares of Prospect Capital Corporation (NASDAQ: PSEC) on Wednesday, after the company beat earnings and revenue estimates for its second quarter of fiscal year 2016. EPS of $0....
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FBR Says SolarEdge 'Firing On All Cylinders,' Hikes Estimates And Target
Thursday, February 4, 2016 - 12:17pm | 255Read More...FBR & Co. on Thursday issued a company update on SolarEdge Technologies, Inc. (NASDAQ: SEDG) after the company reported F2Q16 earnings results that beat expectations. The firm rates SolarEdge Technologies as Outperform and raised its price target from $36 to $38. Analsyt Carter Driscoll...
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FBR Likes Facebook Even More After Earnings
Thursday, January 28, 2016 - 10:55am | 311Read More...Although Facebook Inc (NASDAQ: FB) shares have declined 10.06 percent over the past one month, they are up 21.35 percent over the past one year. William Bird of FBR & Co. has maintained an Outperform rating on the company, while raising the price target from $125 to $130. The company...
