gilford securities

Gilford Securities raised its rating on Eastman Chemical (NYSE: EMN) from Hold to Buy with a $75 price target. Gilford Securities commented, "In the near term, we use a 2013 estimated P/E of 12x to get a target price of $75. Longer term, we see more upside. Eastman now seems poised to become...

Gilford Securities reduced its rating on Kohl's (NYSE: KSS) from Buy to Hold. Gilford Securities noted, "A case can be made for KSS on a value basis. But Kohl's has taken longer than expected to pull out of its malaise and our confidence in Kohl's has eroded. If December sales are strong, the...

Gilford Securities initiated coverage on Owens Corning (NYSE: OC) with a Buy rating and a $52 price target. Gilford Securities commented, "Recent challenges and lowered expectations give investors an opportunity to invest in a quality company and management team in front of a multi-year rebound...

Gilford Securities raised its rating on Horizon Technology Finance (NASDAQ: HRZN) from Hold to Buy. Gilford Securities commented, “In our estimation, if the dividend is reset at approximately $0.37-$0.40 per share, the current yield of HRZN would still be a very competitive $10%-10.8%. Thus we...

Gilford Securities initiated coverage on Horizon Technology Finance (NASDAQ: HRZN) with a Hold rating and a $16.25 price target. Gilford Securities commented, "Horizon is led by a five person team. Each team member has at least 12 years' experience in venture lending. In the past, they have held...

In a report published Monday, Gilford Securities downgraded its rating on Eastman Chemical (NYSE: EMN) from Buy to Hold. Gilford Securities noted, “At legacy Eastman, the propylene/propane spread was quite favorable in 1H12, and ex-Fibers the company generally shows a seasonal year-end downturn,...

Gilford Securities has published a research report on JC Penney (NYSE: JCP) that commented on CEO Ron Johnson's bullish vision. In the report, Gilford Securities wrote, "Ron Johnson paints an enticing picture of a “new” Penney transforming itself to become America's Favorite Store. As he spoke...

In a report published Monday, Gilford Securities downgraded its rating on Medley Capital Corp. (NYSE: MCC) from Buy to Hold, and reiterated its $14.30 price target. Gilford Securities noted, “We have often discussed the valuation gap between Medley and the associated peer group. A strong part of...

In a report published Friday, Gilford Securities reiterated its Buy rating on GT Advanced Technologies (NASDAQ: GTAT). Gilford Securities noted, “Sapphire has potential applications in smartphone/tablet displays due to its durability, hardness, and its scratch-proof and shatter-resistant qualities...

Gilford Securities initiated its coverage on Star Scientific (NASDAQ: CIGX) with a Buy rating based on impending growth catalysts. Gilford Securities noted, "Star now appears within weeks or months of enormously positive accomplishments in as many as four major arenas. 1) Explosive growth of...

In a recent note released earlier today, Gilford Securities reiterated its Buy rating and $65 price target on VirnetX Holding Corporation (NYSE: VHC) following a series of concerns expressed in media. Among several topics, Gilford Securities addressed concerns surrounding recent ITC filings and a...

Gilford Securities reiterated its Buy rating on Wal-Mart Stores (NYSE: WMT) as it expects the stock to continue going higher in the weeks leading to the next earnings announcement. In the report, Gilford Securities noted, "$70, a high for WMT established in 1999, capped a 13-year trading range....

Gilford Securities reiterates its rating on GT Advanced technologies (NASDAQ: GTAT) at Buy as it tweaks estimates to accommodate assumptions of further solar headwinds. Gilford Securities comments, "We urge investor to view GTAT as a pure cyclical stock in terms of investing style. This would...

Gilford Securities initiates its coverage on VirnetX Holding Corporation (NYSE: VHC) with a Buy rating and a price target of $65. Gilford Securities comments, "Rarely do technology companies develop and.or possess solutions (intellectual property) that cannot be easily commoditized. Historically...

Gilford Securities provided color on GT Advanced Technologies (NASDAQ: GTAT) in a research report published today. Gilford Securities has a Buy rating on the company. In the report, Gilford Securities stated, "GTAT stock, which has pulled back by around 25% in the past two months, already reflects...