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Celadon Falls 14% Following Short Report; Aegis Says Buy The Dip
Thursday, April 6, 2017 - 10:27am | 355Read More...Shares of Celadon Group, Inc. (NYSE: CGI) plummeted Wednesday following a short-seller report published by Prescience Point Research Group. The pullback creates an opportunity since the concerns mentioned in the short report are not new and uses certain figures “in a distorted manner,”...
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UPS Represents A Consistent Secular EPS Growth Opportunity
Wednesday, February 22, 2017 - 4:09pm | 340Read More...Aegis Capital believes United Parcel Service, Inc. (NYSE: UPS) could grow secular EPS on a consistent basis, along with meaningful shareholder returns, despite investments over the next couple years that could weigh on margins and cash flow. “While longer term, we look for 5-6 percent revenue...
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Odds Of Hunter Harrison/Mantle Ridge Making A Successful Assault On CSX Have Increased
Tuesday, January 31, 2017 - 11:01am | 273Read More...CSX Corporation (NASDAQ: CSX) was initially expected to “put up more of a fight” against activism, and the probability of Hunter Harrison/Mantle Ridge making a successful assault on the company has increased, Aegis Capital’s Jeffrey Kauffman said in a report. Kauffman maintains a...
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Navistar's Deep Restructuring Efforts Will Result In Faster Bounce Back
Friday, December 23, 2016 - 10:33am | 356Read More...Navistar International Corp (NYSE: NAV) management has taken initiatives to improve the company’s financial and competitive position. “Now, all the company is waiting on is the return of the North American Class 8 truck cycle, and market share gains from the recapture customers in their...
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FedEx Shares Could Rise Nearly 15% Over The Next Year
Friday, December 23, 2016 - 9:41am | 346Read More...Aegis Capital’s Jeffrey Kauffman believes FedEx Corporation (NYSE: FDX) “is a meaningful beneficiary of the move toward eCommerce,” and when combined with a consistent acquisition strategy over the past few years, the company was expected to deliver above-trend EPS growth....
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Market Moves Toward UPS' Strengths Could Be Beneficial; Aegis Initiates At Hold
Friday, December 23, 2016 - 9:25am | 345Read More...United Parcel Service, Inc. (NYSE: UPS) should be able to generate above-trend EPS growth going ahead, since the company is “a meaningful beneficiary of the move toward eCommerce” and has had a consistent acquisition strategy over the past few years, Aegis Capital’s Jeffrey...
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Kansas City Southern Gets A Downgrade Amid Increased Free Trade Risk
Wednesday, November 9, 2016 - 11:01am | 283Read More...Aegis Capital’s Jeffrey Kauffman believes that Kansas City Southern (NYSE: KSU) sahres are likely to increased risk of valuation discount of 10 percent, given the outcome of the Presidential election. Kauffman downgraded the rating on the company from Buy to Hold, while lowering the price...
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Wall Street Concerned Over Norfolk Southern
Thursday, January 28, 2016 - 12:36pm | 474Read More...The share price of Norfolk Southern Corp. (NYSE: NSC) has declined 31.59 percent over the past one year, to reach a low of $67.73 on January 25. Jeffrey Kauffman of Buckingham Research has downgraded the rating on the company from Buy to Neutral, while lowering the price target from $82 to $...
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CSX Corp Has 39% Upside, Says Buckingham
Thursday, January 7, 2016 - 5:11pm | 260Read More...Buckingham Research analysts Jeffrey Kauffman and Ryan Mueller reiterated a Buy rating and $34 price target on shares of CSX Corporation (NASDAQ: CSX) on Wednesday. The analysts trimmed earnings estimates on lower fourth-quarter coal volumes. However, they pointed out that catalyst...
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UPDATE: Buckingham Downgrades FedEx on Valuation
Wednesday, October 16, 2013 - 12:53pm | 131Read More...In a report published Wednesday, The Buckingham Research Group analyst Jeffrey Kauffman downgraded the rating on FedEx Corporation (NYSE: FDX) from Buy to Neutral, but raised the price target from $120.00 to $122.00. In the report, The Buckingham Research Group noted, “FDX has hit our previous...
