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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Monsanto Company
Wednesday, January 9, 2013 - 12:09pm | 102In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Monsanto Company (NYSE: MON), and raised its price target from $99.00 to $110.00. Jefferies noted, “Q1 EPS of $0.62 per share was $0.25 above consensus and $0.24 above our estimate. The company raised FY13...
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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on Danaher Corporation
Wednesday, January 9, 2013 - 12:09pm | 95In a report published Wednesday, Jefferies & Company reiterated its Buy rating on Danaher Corporation (NYSE: DHR), and slightly raised its price target from $65.00 to $66.00. Jefferies noted, “DHR pre-released 4Q12 organic revenue growth of >3%, well above our (+1%) and the consensus views...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Waddell & Reed Financial
Wednesday, January 9, 2013 - 12:09pm | 100In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Waddell & Reed Financial (NYSE: WDR), and raised its price target from $30.00 to $33.00. Jefferies noted, “Both the traditional and alternative asset managers will begin reporting 4Q earnings next week, with...
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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on T. Rowe Price Group
Wednesday, January 9, 2013 - 11:46am | 102In a report published Wednesday, Jefferies & Company reiterated its Buy rating on T. Rowe Price Group (NASDAQ: TROW), and raised its price target from $73.00 to $78.00. Jefferies noted, “Both the traditional and alternative asset managers will begin reporting 4Q earnings next week, with BLK...
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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on Blackstone Group
Wednesday, January 9, 2013 - 11:44am | 98In a report published Wednesday, Jefferies & Company reiterated its Buy rating on Blackstone Group (NYSE: BX), and raised its price target from $18.00 to $19.50. Jefferies noted, “Both the traditional and alternative asset managers will begin reporting 4Q earnings next week, with BLK kicking...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on BlackRock
Wednesday, January 9, 2013 - 11:44am | 96In a report published Wednesday, Jefferies & Company reiterated its Hold rating on BlackRock (NYSE: BLK), and raised its price target from $198.00 to $215.00. Jefferies noted, “Both the traditional and alternative asset managers will begin reporting 4Q earnings next week, with BLK kicking...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Public Service Enterprise Group
Wednesday, January 9, 2013 - 11:23am | 92In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Public Service Enterprise Group (NYSE: PEG), and slightly raised its price target from $31.50 to $32.00. Jefferies noted, “Following an update of our forecast model we are adjusting our estimates. We are...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Parametric Technology
Wednesday, January 9, 2013 - 11:22am | 86In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Parametric Technology (NASDAQ: PMTC), and slightly raised its price target from $24.00 to $25.00. Jefferies noted, “We view the model set-up for F1Q13 as decent, but our indirect field work suggests demand...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Qlik Technologies
Wednesday, January 9, 2013 - 11:22am | 83In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Qlik Technologies (NASDAQ: QLIK), and raised its price target from $19.00 to $21.00. Jefferies noted, “Our channel work on QLIK suggest an in-line 4Q12, with signs of some license growth deceleration. While...
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UPDATE: Jefferies & Company Upgrades Citrix Systems to Buy, Raises PT
Wednesday, January 9, 2013 - 11:22am | 107In a report published Wednesday, Jefferies & Company upgraded its rating on Citrix Systems (NASDAQ: CTXS) to Buy, and raised its price target from $70.00 to $80.00. Jefferies noted, “We upgrade CTXS to Buy and raise our PT from $70 to $80. Our upgrade is based on: i) Our most recent field work...
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Jefferies & Company Reiterates Buy Rating, $39 PT on Cavium
Wednesday, January 9, 2013 - 11:21am | 96In a report published Wednesday, Jefferies & Company reiterated its Buy rating and $39.00 price target on Cavium (NASDAQ: CAVM). Jefferies noted, “After hosting an investor meeting with CEO Syed Ali, we believe Cavium remains in a good position to deliver revenue and EPS upside surprises due...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Lowers PT on Exelon Corporation
Wednesday, January 9, 2013 - 10:49am | 99In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Exelon Corporation (NYSE: EXC), but lowered its price target from $34.00 to $30.00. Jefferies noted, “Following an update of our forecast model we are increasing our 4Q12 earnings estimate by $0.05 to $0.60 and...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on State Street Corporation
Monday, January 7, 2013 - 1:10pm | 120In a report published Monday, Jefferies & Company reiterated its Hold rating on State Street Corporation (NYSE: STT), and raised its price target from $47.00 to $52.00. Jefferies noted, “Revenues likely slipped Q-Q for the group given pressure on spread income, soft transaction fees, and the...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Lowers PT on Northern Trust Corporation
Monday, January 7, 2013 - 1:10pm | 121In a report published Monday, Jefferies & Company reiterated its Hold rating on Northern Trust Corporation (NASDAQ: NTRS), but slightly lowered its price target from $48.00 to $47.00. Jefferies noted, “Revenues likely slipped Q-Q for the group given pressure on spread income, soft transaction...
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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Bank of New York Mellon Corporation
Monday, January 7, 2013 - 1:10pm | 126In a report published Monday, Jefferies & Company reiterated its Hold rating on Bank of New York Mellon Corporation (NYSE: BK), and raised its price target from $25.00 to $27.00. Jefferies noted, “Revenues likely slipped Q-Q for the group given pressure on spread income, soft transaction fees...