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GOP Congressman Questions Elon Musk About Tesla's Battery Supplier CATL Amid Subsidy Misuse Worries
Wednesday, September 20, 2023 - 1:31am | 452Read More...A Republican Congressman on Tuesday raised queries about the connection between electric car maker Tesla Inc (NASDAQ:TSLA) and its Chinese battery supplier Contemporary Amperex Technology Ltd. The concerns revolve around the potential risk of U.S. electric vehicle subsidies being funneled to...
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RSP Permian Price Target Adjusted Higher At Bank Of America
Tuesday, June 21, 2016 - 4:12pm | 299Read More...Bank of America Merrill Lynch analysts boosted its price target on RSP Permian Inc (NYSE: RSPP) to $41 from $35. The brokerage said RSP Permian remained one of its top ideas within the SMID-Cap E&P and retained its Buy rating. The analysts noted the company disclosed its plans to add a...
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BoA Downgrade: EP Energy's Haynesville Sale Won't Save It, Balance Sheet Still Has Troubles
Tuesday, March 22, 2016 - 9:26am | 243Read More...BoA Merrill Lynch’s Jason Smith downgraded the rating for EP Energy Corp (NYSE: EPE) from Neutral to Underperform, while reducing the price target from $3.50 to $3.00. Although the company has sold its Haynesville asset, balance sheet headwinds remain. Haynesville Sale EP Energy...
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For Rent-A-Center, Kiosks Will Drive Growth
Thursday, October 1, 2015 - 3:23pm | 400Read More...Cantor Fitzgerald reiterated a Buy rating and $45.00 price target on shares of Rent-A-Center Inc (NASDAQ: RCII) on Thursday. According to the firm, “initiatives appear on track, while kiosks continue to drive growth.” Shares of Rent-A-Center are down more than 2 percent on Thursday...
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9 Retail Stocks Cantor Just Initiated On
Tuesday, April 21, 2015 - 1:13pm | 1274Read More...Cantor Fitzgerald initiated coverage on nine retail stocks Monday, many with Hold ratings. Below are the companies along with the ratings, price targets, and highlights from analysts Laura Champine and Jason Smith. Williams-Sonoma, Inc. (NYSE: WSM) - Hold, $77 price target “The...
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Francesca's Holdings Corp Falls After Canaccord Downgrade
Thursday, October 2, 2014 - 2:48pm | 160Read More...Francesca's Holdings Corp (NASDAQ: FRAN) was downgraded Thursday by Canaccord Genuity, with the price target lowered from from $17 to $14. Analysts Laura Champine and Jason Smith found it "difficult to envision Francesca’s regaining momentum amid the current challenging...
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UPDATE: Bank Of America Downgrades Laredo Petroleum Inc On Reshuffling The Midland Deck
Tuesday, September 16, 2014 - 8:13am | 158Read More...In a report published Tuesday, Bank of America analyst Jason Smith downgraded the rating on Laredo Petroleum Inc (NYSE: LPI) from Buy to Neutral, and lowered the price target from $34.00 to $28.00. In the report, Bank of America noted, “Although we believe the value of LPI's Midland assets remains...
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UPDATE: Bank Of America Upgrades Athlon Energy Inc On Reshuffling The Midland Deck
Tuesday, September 16, 2014 - 8:12am | 200Read More...In a report published Tuesday, Bank of America analyst Jason Smith upgraded the rating on Athlon Energy Inc (NYSE: ATHL) from Neutral to Buy, and raised the price target from $54.00 to $60.00. In the report, Bank of America noted, “Since its initial public offering in the summer of 2013, Athlon has...
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UPDATE: Bank Of America Reiterates On Rosetta Resources As Permian Remains Underappreciated
Monday, June 30, 2014 - 7:45am | 151Read More...In a report published Monday, Bank of America analyst Jason Smith reiterated a Buy rating on Rosetta Resources (NASDAQ: ROSE), and raised the price target from $60.00 to $62.00. In the report, Bank of America noted, “We spent time last week on the road with management from Rosetta Resources (Chad...
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UPDATE: Bank of America Resumes Coverage on Laredo Petroleum Holdings Following First Formal Analyst Meeting
Wednesday, September 18, 2013 - 9:07am | 145Read More...In a report published Wednesday, Bank of America analyst Jason Smith resumed coverage on Laredo Petroleum Holdings (NYSE: LPI) with a Buy rating and $34.00 price target. In the report, Bank of America noted, “Laredo's first formal Analyst meeting highlighted the strength of an asset base...
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UPDATE: Bank of America Initiates Coverage on Athlon Energy on Good Growth Potential
Tuesday, August 27, 2013 - 10:55am | 183Read More...In a report published Tuesday, Bank of America analyst Jason Smith initiated coverage on Athlon Energy (NYSE: ATHL) with a Neutral rating and $33.00 price target. In the report, Bank of America noted, “We initiate coverage of Athlon Energy with a Neutral rating and PO of $33 / share. Athlon is a...
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UPDATE: Bank of America Downgrades Northern Tier Energy on Near-Term Risks
Tuesday, August 13, 2013 - 3:47pm | 195Read More...In a report published Tuesday, Bank of America Merrill Lynch analyst Jason Smith downgraded Northern Tier Energy (NYSE: NTI) from Buy to Neutral, and lowered the price objective from $30 to $27. In the report, Bank of America noted, “NTI has had a very strong run since its IPO just over one...
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UPDATE: Bank of America Lowers PT on Calumet Specialty Products Following 2Q13 Results Review
Thursday, August 8, 2013 - 11:24am | 142Read More...In a report published Thursday, Bank of America analyst Jason Smith reiterated an Underperform rating on Calumet Specialty Products (NASDAQ: CLMT), but lowered the price target from $38.00 to $34.00. In the report, Bank of America noted, “While less volatile than its C-Corp refining peers, CLMT...
