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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on Materion Corporation
Monday, January 14, 2013 - 12:56pm | 93In a report published Monday, Jefferies & Company reiterated its Buy rating on Materion Corporation (NYSE: MTRN), and raised its price target from $32.00 to $35.00. Jefferies noted, “Following our meetings with mgmt last week, we've increased our target price to $35 (+3) and reiterate our BUY...
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UPDATE: Jefferies & Company Reiterates Buy Rating, Lowers PT on Einstein Noah Restaurant Group
Monday, January 14, 2013 - 12:55pm | 106In a report published Monday, Jefferies & Company reiterated its Buy rating on Einstein Noah Restaurant Group (NASDAQ: BAGL), but lowered its price target from $20.00 to $16.00. Jefferies noted, “With increased competitive activity, food infl & difficult SSS compares ahead, investors are...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Chuy's Holdings
Monday, January 14, 2013 - 12:55pm | 102In a report published Monday, Jefferies & Company reiterated its Hold rating on Chuy's Holdings (NASDAQ: CHUY), and raised its price target from $20.00 to $23.00. Jefferies noted, “With increased competitive activity, food infl & difficult SSS compares ahead, investors are looking to 4Q...
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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on HMS Holdings Corp.
Monday, January 14, 2013 - 12:53pm | 98In a report published Monday, Jefferies & Company reiterated its Buy rating on HMS Holdings Corp. (NASDAQ: HMSY), and raised its price target from $29.00 to $34.00. Jefferies noted, “We hosted a series of meetings with CFO Walter Hosp. HMSY remains our top pick based on: (1) positive thematic...
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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on Titan International
Friday, January 11, 2013 - 11:31am | 102In a report published Friday, Jefferies & Company reiterated its Buy rating on Titan International (NYSE: TWI), and raised its price target from $25.00 to $27.00. Jefferies noted, “We see more downside than upside risk in 4Q machinery earnings, and we continue to recommend a defensive short-...
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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on PACCAR
Friday, January 11, 2013 - 11:31am | 100In a report published Friday, Jefferies & Company reiterated its Buy rating on PACCAR (NASDAQ: PCAR), and raised its price target from $49.00 to $53.00. Jefferies noted, “We see more downside than upside risk in 4Q machinery earnings, and we continue to recommend a defensive short-term stance...
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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on Oshkosh Corporation
Friday, January 11, 2013 - 11:31am | 102In a report published Friday, Jefferies & Company reiterated its Buy rating on Oshkosh Corporation (NYSE: OSK), and raised its price target from $36.00 to $40.00. Jefferies noted, “We see more downside than upside risk in 4Q machinery earnings, and we continue to recommend a defensive short-...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Kennametal
Friday, January 11, 2013 - 11:12am | 100In a report published Friday, Jefferies & Company reiterated its Hold rating on Kennametal (NYSE: KMT), and raised its price target from $34.00 to $38.00. Jefferies noted, “We see more downside than upside risk in 4Q machinery earnings, and we continue to recommend a defensive short-term...
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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on Ingersoll-Rand PLC
Friday, January 11, 2013 - 11:12am | 102In a report published Friday, Jefferies & Company reiterated its Buy rating on Ingersoll-Rand PLC (NYSE: IR), and raised its price target from $55.00 to $57.00. Jefferies noted, “We see more downside than upside risk in 4Q machinery earnings, and we continue to recommend a defensive short-term...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Lowers PT on CNH Global
Friday, January 11, 2013 - 11:12am | 102In a report published Friday, Jefferies & Company reiterated its Hold rating on CNH Global (NYSE: CNH), but lowered its price target from $49.00 to $40.50. Jefferies noted, “We see more downside than upside risk in 4Q machinery earnings, and we continue to recommend a defensive short-term...
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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on AGCO Corporation
Friday, January 11, 2013 - 11:09am | 102In a report published Friday, Jefferies & Company reiterated its Buy rating on AGCO Corporation (NYSE: AGCO), and raised its price target from $55.00 to $58.00. Jefferies noted, “We see more downside than upside risk in 4Q machinery earnings, and we continue to recommend a defensive short-term...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Lowers PT on MSC Industrial Direct Co.
Friday, January 11, 2013 - 11:09am | 76In a report published Friday, Jefferies & Company reiterated its Hold rating on MSC Industrial Direct Co. (NYSE: MSM), but lowered its price target from $81.00 to $79.00. Jefferies noted, “Further to our ‘Initial Take' note we are lowering our EPS forecasts due to a reduced sales growth...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Penford Corporation
Friday, January 11, 2013 - 11:09am | 88In a report published Friday, Jefferies & Company reiterated its Hold rating on Penford Corporation (NASDAQ: PENX), and slightly raised its price target from $8.00 to $9.00. Jefferies noted, “With ethanol margins less relevant as Penford shifts its mix in favor of industrial starches and...
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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on Praxair
Friday, January 11, 2013 - 11:07am | 87In a report published Friday, Jefferies & Company reiterated its Buy rating on Praxair (NYSE: PX), and raised its price target from $120.00 to $134.00. Jefferies noted, “With 1H13 likely to be off to a slow start, particularly in South America and Europe, we are trimming 2013E $0.25 to $6.20....
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UPDATE: Jefferies & Company Reiterates Buy Rating, Lowers PT on UNS Energy Corp.
Friday, January 11, 2013 - 11:06am | 72In a report published Friday, Jefferies & Company reiterated its Buy rating on UNS Energy Corp. (NYSE: UNS), but slightly lowered its price target from $49.00 to $48.50. Jefferies noted, “We are reducing our 4Q and full year 2012 EPS estimate by $0.05 to $0.15 and $2.15, respectively. The...