Gabelli & Company

Gabelli & Company initiates its Buy rating on Valspar (NYSE: VAL) with a Buy rating on a strong long-term outlook. Gabelli & Company says, "We believe that Valspar is well positioned to benefit from the following: an increasing share in fast growing markets, a pick-up in overall...

Gabelli & Company lowers its price target on Owens & Minor (NYSE: OC) from Buy to Hold following Q4 results, as it is unclear the company will match historical growth rate in 2013. Gabelli & Company comments, "Revenue up 6% to $2.2 billion, benefiting from an extremely large customer...

Gabelli & Company lowers its rating on Church & Dwight (NYSE: CHD) to Hold from Buy primarily based on valuation. Target price on shares is now $53 based on 2013 estimates. Gabelli & Company comments, " CHD is well positioned in diverse categories and continues to shift its focus to...

Gabelli & Company has downgraded Empire District Electric Company (NYSE: EDE) from Buy to Hold.

Gabelli & Company has published a research report on Lennar (NYSE: LEN) initiating coverage on the company with a Buy rating and private market value of $32. In the report, Gabelli writes, "Lennar should continue to benefit from the recovery in housing. We estimate that Lennar should be able...

Gabelli & Company has downgraded AngioDynamics (NASDAQ: ANGO) from Buy to Hold with a $16 PMV.

Gabelli & Company has upgraded Netflix (NASDAQ: NFLX) from Sell to Hold with a PMV of $110.

Gabelli & Company has upgraded Telus Corporation (NYSE: TU) from Hold to Buy.

Gabelli & Co reiterates its Buy rating on Texas Instruments Incorporated (NYSE: TXN) as the company releases weaker than expected 4Q11 mid-quarter guidance. Gabelli lists the following outlook adjustments: “Revenue: $3.19-3.33bn (mid-point $3.26bn) vs. prior guidance of $3.26 – 3.54bn (mid-...

Gabelli & Co reiterates its Hold rating on MEMC Electronic Materials (NYSE: WFR) as the company lowers 2011 earnings guidance. Gabelli notes the following guidance adjustments: “Non-GAAP sales: $789-861mn vs. previous guidance of $800-1,100mn. Non-GAAP EPS: ($0.05) to $0.10 vs. previous...

Gabelli & Co reiterates its Buy rating on Lee Enterprises, Inc. (NYSE: LEE) as the company advanced toward completing a previously announced refinancing. Gabelli says, “On Friday evening, Lee took another step toward completing a previously announced refinancing. Under terms of the agreement...

Gabelli & Co reiterates its Hold rating on AutoNation, Inc. (NYSE: AN) on strong November retail new unit sales. Gabelli says, “Released November retail new unit sales, which were very strong at 18,692 units (+21%). Domestic sales were up 29% YoY, Imports up 10%, and Premium Luxury up 35%....

Gabelli & Co reiterates its Buy rating and $99 PMV for 2012 on Universal Display Corporation (NASDAQ: PANL) as the company appears well positioned on AMOLED displays. Gabelli says, “Samsung continues to champion AMOLED display and exhibits strong marketing activities of its AMOLED display...

A report from Gabelli & Company reiterates its Buy rating on Yahoo! Inc. (NASDAQ: YHOO). The report states, “On September 6, 2011, Yahoo's CEO, Carol Bartz, was summarily fired, putting the embattled company “in play.” Over the past three months, Yahoo takeover speculation has steadily...

A report from Gabelli & Company reiterates its Buy rating on NVR Inc. (NYSE: NVR). The report states, “The company emerged from bankruptcy in 1993, and now employs a unique land-light operating model that allows for industry leading profitability. For 2011, NVR is expected to generate...