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UPDATE: Hilliard Lyons Downgrades Whitestone REIT to Neutral Due to Price Appreciation
Wednesday, May 8, 2013 - 11:31am | 128In a report published Wednesday, Hilliard Lyons analyst Carol L. Kemple downgraded the rating on Whitestone REIT (NYSE: WSR) from Long-Term Buy to Neutral. In the report, Kemple noted, “First quarter Core FFO per share were $0.24, flat with the year ago period. Our FFO per share estimate was $0.28...
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UPDATE: Hilliard Lyons Downgrades Summit State Bank to Neutral on Valuation
Monday, May 6, 2013 - 10:23am | 168In a report published Monday, Hilliard Lyons analyst Ross A. Demmerle downgraded the rating on Summit State Bank (NASDAQ: SSBI) from Long-Term Buy to Neutral. In the report, Demmerle noted, “Hilliard Lyons is lowering the rating on Summit State Bank from Long-term Buy to Neutral. The stock price...
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UPDATE: Hilliard Lyons Upgrades Apple to Buy, Lowers PT on FQ2'13 Revenues
Thursday, April 25, 2013 - 8:37am | 109In a report published Wednesday, Hilliard Lyons analyst Stephen Turner upgraded the rating on Apple (NASDAQ: AAPL) from Long-Term Buy to Buy, but lowered the price target from $680.00 to $540.00. In the report, Turner noted, “Apple reported FQ2'13 revenue of $43.6 billion, a y/y increase of 11.3...
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UPDATE: Hilliard Lyons Downgrades Gladstone Commercial to Neutral Ahead of Potential Returns
Monday, April 15, 2013 - 11:47am | 121In a report published Monday, Hilliard Lyons analyst John Roberts downgraded the rating on Gladstone Commercial Corporation (NASDAQ: GOOD) from Buy to Neutral. In the report, Roberts noted, “On Friday, GOOD shares breached our recently increased former $20.50 a share price target. The shares now...
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UPDATE: Hilliard Lyons Downgrades HopFed Bancorp to Neutral Ahead of 1Q13 Results
Friday, April 12, 2013 - 11:17am | 145In a report published Friday, Hilliard Lyons analyst Ross A. Demmerle downgraded the rating on HopFed Bancorp (NASDAQ: HFBC) from Long-Term Buy to Neutral. In the report, Demmerle noted, “HopFed Bancorp's stock price exceeded and hovered near Hilliard Lyons' former price target of $11 per share....
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UPDATE: Hilliard Lyons Upgrades Landauer to Buy, Reiterates $60 PT on Reliable Core Business
Monday, April 8, 2013 - 1:27pm | 107In a report published Monday, Hilliard Lyons analyst Stephen A. O'Neil upgraded the rating on Landauer (NYSE: LDR) from Neutral to Buy, and reiterated the $60.00 price target. In the report, O'Neil noted, “We continue to be attracted to LDR's reliable core business, high margins, and new growth...
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UPDATE: Hilliard Lyons Reiterates Electronic Arts at Neutral Following CEO Departure
Wednesday, March 20, 2013 - 2:11pm | 102Hilliard Lyons maintained Electronic Arts (NASDAQ: EA) with a Neutral rating. Hilliard Lyons analyst Jeffrey S. Thomison commented, "After the market close on 3/18/13, John Riccitiello announced his resignation as EA's Chief Executive Officer and Board member effective 3/30/13. … While we believe...
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UPDATE: Hilliard Lyons Downgrades Whitestone REIT to Long-Term Buy Following Share Appreciation
Thursday, March 14, 2013 - 8:29am | 92Hilliard Lyons downgraded Whitestone REIT (NYSE: WSR) from Buy to Long-term Buy and raised the price target from $15.00 to $16.50. Hilliard Lyons analyst Carol L. Kemple noted, "Fourth quarter core FFO per share were $0.22 versus $0.25 in the year ago period. (Weighted average shares and units...
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UPDATE: Hilliard Lyons Initiates Zoetis at Neutral on Valuation
Tuesday, March 12, 2013 - 11:00am | 92Hilliard Lyons initiated coverage on Zoetis (NYSE: ZTS) with a Neutral rating. Hilliard Lyons commented, "ZTS is the first major participant in the global animal health business available to those interested in investing in the sector, which might explain some of the strong initial interest. ZTS...
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UPDATE: Hilliard Lyons Raises PT on Chesapeake Utilities Corporation on Q412 EPS
Monday, March 11, 2013 - 8:40am | 116In a report published Monday, Hilliard Lyons reiterated its Buy rating on Chesapeake Utilities Corporation (NYSE: CPK), and raised its price target from $50.00 to $56.00. HIlliard Lyons noted, “Chesapeake Utilities Corp. reported Q4'12 EPS of $1.02 versus $0.83 in Q4'11; consensus was for earnings...
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UPDATE: Hilliard Lyons Downgrades Kroger to Long-Term Buy on Recent Share Price Gains
Monday, March 11, 2013 - 8:39am | 90Hilliard Lyons downgraded Kroger (NYSE: KR) from Buy to Long-Term Buy and raised the price target from $30.00 to $37.00. Hilliard Lyons noted, "KR shares are up 33% over the past six months compared to a 7% gain for the S&P 500. We expect 2013 earnings to rise, but will face a difficult...
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UPDATE: Hillard Lyons Reiterates Raises PT on Piedmont Natural Gas after Solid Fiscal Q1 Results
Thursday, March 7, 2013 - 4:54pm | 159In a report published Thursday, Hillard Lyons reiterated its long-term Buy rating on Piedmont Natural Gas (NYSE: PNY) and raised its price target by $1 to $36. Hillard Lyons reported that, “Since turning bullish on Piedmont ~2 months ago, not much has changed with the story, in our view, and we...
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UPDATE: Hilliard Lyons Initiates Coverage on Lancaster Colony with Neutral Rating on Good Portfolio
Wednesday, March 6, 2013 - 2:25pm | 83In a report published Wednesday, Hilliard Lyons initiated coverage on Lancaster Colony Corp. (NASDAQ: LANC) with a Neutral rating. Hilliard Lyons noted, “We consider LANC a well-run, mid-cap operator in the Packaged Foods industry and Consumer Staples sector. We like the company's portfolio of...
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UPDATE: Hilliard Lyons Downgrades Copano Energy to Neutral Pending Acquisition
Tuesday, March 5, 2013 - 9:20am | 89Hilliard Lyons downgraded Copano Energy (NASDAQ: CPNO) from Long-term Buy to Neutral. Hilliard Lyons said, "On January 29, 2013 CPNO announced an agreement to be acquired by Kinder Morgan Energy Partners at .4563 units of KMP on a one for one basis as of that date. This values CPNO units at $40.91...
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UPDATE: Hilliard Lyons Downgrades PDC Energy to Neutral on Valuation
Monday, March 4, 2013 - 8:18am | 101Hilliard Lyons downgraded PDC Energy (NASDAQ: PDCE) from Long-term Buy to Neutral. Hilliard Lyons noted, "PDC reported Q4'12 adjusted EBITDDA of $40M vs. $59M a year ago, exceeding our $27M forecast. … While still attractive on an EV/Mcfe basis, having attained our previous 24-month target price,...