Jefferies & Company

In a report published Monday, Jefferies & Company reiterated its Hold rating on Family Dollar Stores (NYSE: FDO), but lowered its price target from $63.00 to $57.00. Jefferies noted, “FDO shares could trade in a narrow range as investors discount earnings downside risk in a space that has seen...

In a report published Friday, Jefferies & Company reiterated its Buy rating on Kohl's Corporation (NYSE: KSS), but lowered its price target from $54.00 to $52.00. Jefferies noted, “We are maintaining our Buy rating but lowering our price target to $52 from $54 following the December sales...

In a report published Friday, Jefferies & Company reiterated its Hold rating on Worthington Industries (NYSE: WOR), and slightly raised its price target from $24.00 to $25.00. Jefferies noted, “We've made modest upward revisions to EPS estimates following F2Q with an improved earnings forecast...

In a report published Friday, Jefferies & Company reiterated its Hold rating on NYSE Euronext (NYSE: NYX), and raised its price target from $24.00 to $33.00. Jefferies noted, “We have modestly lowered our 4Q EPS expectations for the majority of exchanges as trading volumes remained under...

In a report published Friday, Jefferies & Company reiterated its Buy rating on Accuray (NASDAQ: ARAY), but lowered its price target from $10.00 to $6.50. Jefferies noted, “Accuray posted preliminary F2Q results well below expectations and drastically reduced its F13 guidance. The reset under...

In a report published Friday, Jefferies & Company reiterated its Hold rating on Dow Chemical Company (NYSE: DOW), and raised its price target from $29.00 to $34.00. Jefferies noted, “With NGL prices falling faster than expected, we are raising 2013E EPS $0.15 to $2.35 based on $0.33/gal ethane...

In a report published Friday, Jefferies & Company reiterated its Hold rating on Eastman Chemical Company (NYSE: EMN), and raised its price target from $61.00 to $71.00. Jefferies noted, “With NGL prices falling faster than expected, we are raising 2013E EPS $0.30 to $6.45 to reflect $0.33/gal...

In a report published Friday, Jefferies & Company reiterated its Buy rating on LyondellBasell Industries NV (NYSE: LYB), and raised its price target from $63.00 to $68.00. Jefferies noted, “With NGL prices falling faster than expected, we are raising 2013E EPS $0.40 to $5.80, based on $0.33/...

In a report published Wednesday, Jefferies & Company assumed coverage on PolyOne Corporation (NYSE: POL) with a Buy rating and $24.00 price target. Jefferies noted, “On December 20, PolyOne announced the acquisition of $50m (2012E sales) Glasform to strengthen its specialty portfolio in key...

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on American Eagle Outfitters (NYSE: AEO), but lowered its price target from $26.00 to $22.00. Jefferies noted, “We maintain a positive outlook for specialty retail stocks into 2013 as they should benefit from 1) an...

In a report published Wednesday, Jefferies & Company downgraded its rating on Target Corporation (NYSE: TGT) to Hold, and lowered its price target from $74.00 to $59.00. Jefferies noted, “While we had high hopes for Target this season, we believe the company continued to struggle in a few...

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Monsanto Company (NYSE: MON), and slightly raised its price target from $98.00 to $99.00. Jefferies noted, “Monsanto will report Q1 EPS on Tuesday, January 8. We expect a modest upside surprise and an improved...

In a report published Wednesday, Jefferies & Company reiterated its Buy rating on Ashland (NYSE: ASH), and raised its price target from $95.00 to $100.00. Jefferies noted, “We are raising our price target $5 to $100, or 11.0x 2014E EPS. We believe that by mid-year Ashland should trade more...

In a report published Monday, Jefferies & Company terminated its coverage on Ancestry.com (NASDAQ: ACOM). Jefferies noted, “We are dropping coverage of Ancestry.com following the closure of the company's acquisition by UK-based private equity firm Permira. The company completed the $1.6B...

In a report published Monday, Jefferies & Company reiterated its Hold rating on Carrizo Oil & Gas (NASDAQ: CRZO), but lowered its price target from $28.00 to $25.00. Jefferies noted, “CRZO to sell North Sea Huntington interests to Iona Energy (INA-V, C $0.475, NC) for $184mm, largely in-...