-
Is The Mining Industry At A Bottom? No, Says Longbow Research
Tuesday, May 26, 2015 - 4:36pm | 517Given sluggish steel demand in China, the mining equipment sector won't dig itself out for at least a couple of years, an analyst said Tuesday. Longbow's Eli Lustgarten cut his 2016 earnings estimates on mining equipment makers Caterpillar Inc. (NYSE: CAT) and Joy Global Inc. (NYSE: JOY...
-
Slow Rise For Panera Bread Turnaround
Friday, March 13, 2015 - 3:37pm | 215Panera Bread Co's (NASDAQ: PNRA) profit recovery may require several years, assuming that its store revamp plans succeed, an analyst said Friday. The bakery-cafe operator changed hands recently at $163.30, down $0.69. Longbow's Alton Stump said high spending will continue through 2016...
-
Longbow Research Analyst: Samsung-Seagate Buyout Rumor Is 'Highly Improbable'
Thursday, January 22, 2015 - 2:12pm | 355Over the past couple of weeks, a few rumors regarding Samsung Electronics Co’s (OTCMKTS: SSNLF) M&A activity have surfaced. On January 14, Reuters reported the company was offering $13.35-$15.49 per share for BlackBerry Ltd (NASDAQ: BBRY). On late January 21, Canada's...
-
3D Systems' Underperform Rating: What Does It Mean For The 3D Printing Industry?
Thursday, December 11, 2014 - 5:45pm | 462Analysts at Longbow Research on Wednesday initiated coverage on 3D Systems Corporation (NYSE: DDD) with an Underperform rating. Analyst Joe Wittine set a $25.00 price target, implying a significant downside from current stock prices. He argued that the company faces execution problems and...
-
Longbow Unimpressed With 3D Printing Companies
Wednesday, December 10, 2014 - 10:34am | 151Longbow initiated coverage on 3D Systems Corporation (NYSE: DDD) Wednesday with an Underperform rating and $25 price target. Analyst Joe Wittine’s price target is the lowest of all analysts tracked by Bloomberg and the stock is currently trading below the average analyst price target of $...
-
GameStop Earnings: What Do The Analysts Have To Say?
Friday, May 23, 2014 - 2:41pm | 222GameStop (NYSE: GME) reported a beat on it first quarter 2014 EPS driven primarily by better than expected margins. Additionally, the company benefited from a lower than expected tax rate for the quarter and reiterated its previous full year guidance. Looking forward, company CEO Paul Raines...
-
UPDATE: Beacon Roofing Supply Upgraded At Longbow
Monday, May 19, 2014 - 8:28am | 120In a report issued Monday, Longbow upgraded Beacon Roofing Supply (NASDAQ: BECN) to a Buy rating with a target price of $42. Analyst Neil Frohnapple sees that accelerating revenue growth and improving gross margin should continue to drive shares of Beacon higher, while current levels offer a "...
-
Wall Street Remains Bullish on Starbucks Following Q2 Earnings
Friday, April 25, 2014 - 3:30pm | 251Wall Street analysts are sharing their views on Starbuck's (NYSE: SBUX) second quarter results. Deutsche Bank analyst Jason West believes the stock is “likely to respond favorably to these results,” given the “broader backdrop of weather-driven misses and SBUX's share price underperformance YTD...
-
Market Wrap For February 12: Markets Take a Breather, Senate Passes Debt Limit Bill
Wednesday, February 12, 2014 - 5:59pm | 3119U.S. stocks took a breather on Wednesday with major indices little changed after one of the largest four-day bull runs in recent history. The House has authorized a one year extension to the government's borrowing authority until March 16, 2015. The Senate gave the final seal of approval this...
-
UPDATE: Longbow Upgrades Chemtura to Buy on Margin Enhancement and Portfolio Evolution
Thursday, December 27, 2012 - 12:09pm | 97Longbow raised its rating on Chemtura (NYSE: CHMT) from Neutral to Buy with a $26 price target. Longbow commented, "We are upgrading our investment rating of CHMT to BUY from NEUTRAL with a 12-month target price of $26 on greater confidence in management's ability to outperform expectations in...
-
Longbow Initiates salesforce.com At Neutral
Wednesday, July 20, 2011 - 9:05am | 21Longbow has initiated coverage on salesforce.com (NYSE: CRM) with a Neutral rating.
-
Three Royal Stocks Worth a Look (RDS.A, RCL, CCK)
Thursday, April 28, 2011 - 5:36pm | 752The wedding of Prince William and Catherine Middleton is almost here, and there's no escaping the brouhaha. It seems like everyone is trying to make a buck off the royal nuptials. With that in mind, here are three "royal" stocks that may be worth a look now. Royal Dutch Shell Perhaps the biggest...
-
Hansen Natural Downgraded To Sell, Falls 4.3% (HANS)
Wednesday, December 8, 2010 - 1:40pm | 113Shares of Hansen Natural Corporation (Nasdaq: HANS) are currently down 4.3% at $50.67 per share during Wednesday afternoon trading. Today's trading range for shares of Hansen Natural Corporation has been between $50.64 and $52.11 per share. The consensus price target of analysts covering the...
-
Longbow Downgrades Hansen Natural From Neutral To Sell
Wednesday, December 8, 2010 - 10:53am | 22Longbow is downgrading shares of Hansen Natural Corporation (NASDAQ: HANS) from Neutral to Sell.
-
Longbow Upgrades Ariba From Neutral To Buy
Wednesday, December 8, 2010 - 10:50am | 21Longbow is upgrading shares of Ariba, Inc. (NASDAQ: ARBA) from Neutral to Buy.