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These Two New Jersey Mayors Say No Way To Off-Duty Cops Getting High, Here's Why
Monday, April 25, 2022 - 1:16pm | 757Adult-use cannabis sales went into effect in New Jersey last Thursday, 17 months, riddled with a series of setbacks, after New Jerseyans voted to legalize it. Like other weed enthusiasts, police officers are also welcome to buy and consume recreational marijuana in one of...
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Hudson Maintains Neutral on Valmont Industries (VMI)
Monday, April 18, 2011 - 9:12am | 106Hudson is out with its report today on Valmont Industries (NYSE: VMI), maintaining Neutral. In a note to clients, Hudson writes, "Irrigation is progressing at a pace that could surpass the previous super-peak year of 2008 but the more encouraging news is that orders are continuing a recovery on...
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UPDATE: Hudson Raises PT on Ametek to $50 (AME)
Monday, April 18, 2011 - 9:01am | 120Hudson is out with its report today on Ametek (NYSE: AME), raising its PT from $42 to $50. In a note to clients, Hudson writes, "Ametek once again delivers another strong quarter of top-line growth ahead of expectations. The company has continued to see broad portfolio strength over the last few...
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Hudson Raises PT on AZZ Inc. to $53 (AZZ)
Friday, April 8, 2011 - 9:35am | 117Hudson is out with its report today on AZZ Inc. (NYSE: AZZ), raising its PT from $47 to $53. In a note to clients, Hudson writes, "The company generated $42 million in operating cash flow in FY2011 and had cash on hand of $138 million as of the end of the fiscal year due to the issuance of $125...
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Hudson Initiates Copa Holdings at Buy (CPA)
Thursday, March 24, 2011 - 9:09am | 123Hudson is out with its report today on Copa Holdings (NYSE: CPA), initiating CPA at Buy. In a note to clients, Hudson writes, "We are initiating coverage on Panama-based Copa Holdings with a Buy rating and a $68 target price based on shares trading at 12x our 2011 EPS estimate of $5.65. Shares are...
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Hudson Lowers PT on Allegiant Travel Company to $55 (ALGT)
Monday, March 7, 2011 - 9:50am | 108Hudson is out with its report today on Allegiant Travel Company (NASDAQ: ALGT), lowering its price target from $58 to $55. In a note to clients, Hudson writes, "The trim to our 2011 EPS outlook prompts a change in valuation; reducing our PT to $55 (from $58) based on shares trading at 14x (...
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Hudson Comments on Las Vegas Sands' 10K Disclosure (LVS)
Wednesday, March 2, 2011 - 10:03am | 120Hudson is out with its report on Las Vegas Sands (NYSE: LVS), commenting on LVS after a 10K disclosure mentioned that it had received a subpoena from the SEC in February. In a note to clients, Hudson writes, "This disclosure came on what otherwise should have been a good day for LVS. Macau revenues...
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Hudson Maintains Neutral on AMR Corp (AMR)
Wednesday, March 2, 2011 - 9:52am | 135Hudson is out with its report today on AMR Corp (NYSE: AMR), maintaining Neutral. In a note sent to clients, Hudson writes, "No change to our $8 PT based on AMR's enterprise value trading at 8.0x our 2011E EBITDAR, with valuation support at current levels tied to the spinoff of AMR Eagle and a GDS...
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Hudson Raises PT on EnPro Industries to $50 (NPO)
Thursday, February 17, 2011 - 10:55am | 81Hudson is out with its report today on EnPro Industries (NYSE: NPO), raising its price target from $45 to $50. In a note to clients, Hudson writes, "We are maintaining our 2011 EPS estimate of $3.72, and raising our 2012 EPS estimate to $4.38 from $4.20. We are raising our price target to $50 from...
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Hudson Raises PT on Host Hotels & Resorts to $16 (HST)
Wednesday, February 16, 2011 - 11:44am | 85Hudson is out with its report today on Host Hotels & Resorts (NYSE: HST), raising its PT from $14 to $16. In a note to clients, Hudson writes, "HST remains a rock-solid story — great assets, great balance sheet, great management. Trading at 13.3x 2012 EBITDA is just too rich for our blood. We...
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Hudson Downgrades Marriott International to Hold (MAR)
Wednesday, February 16, 2011 - 11:32am | 140Hudson is out with its report today on Marriott International (NYSE: MAR), downgrading MAR from Buy to Hold. In a note to clients, Hudson writes, "While we like the spinout proposal and continue to believe that the lodging sector remains in the early innings of a very healthy recovery, we are...
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Hudson Downgrades Spartan Motors to Neutral (SPAR)
Wednesday, February 16, 2011 - 11:25am | 142Hudson is out with its report today on Spartan Motors (NASDAQ: SPAR), downgrading SPAR from Buy to Neutral. In a note to clients, Hudson writes, "The first six months of 2011 will be challenging for Spartan as contribution from NGCV starts in 3Q11 and should see high growth in 2012 as more and more...
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Hudson Raises PT on Wyndham Worldwide to $48 (WYN)
Thursday, February 10, 2011 - 12:16pm | 93Hudson is out with its report on Wyndham Worldwide (NYSE: WYN), raising its PT from $38 to $48. In a note to clients, Hudson writes, "WYN remains a compelling value, especially given the timeshare valuation benchmark created by the recent P/E acquisition of Silverleaf. We reiterate our Buy rating...
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Hudson Maintains Buy on Nokia (NOK)
Thursday, February 10, 2011 - 12:11pm | 122Hudson is out with its report on Nokia (NYSE: NOK), maintaining Buy in the lead up to NOK's Analyst Day. In a note to clients, Hudson writes, "The company is expected to give full year guidance and an industry outlook. For 2011, we have revenue, margins and EPS trending upwards on a sequential...
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Hudson Previews Wynn Resorts Q4 10 (WYNN)
Thursday, February 10, 2011 - 12:08pm | 86Hudson is out with its report today on Wynn Resorts (NASDAQ: WYNN), previewing Q4 10 earnings. In a note to clients, Hudson writes, "We're looking for WYNN to generate $259.1 million of EBITDA in Macau versus current StreetAccount consensus of $264 million. Our 4Q Las Vegas EBITDA estimate is $74.4...