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Canadian Pacific One Of The 'Best-Managed,' 'Most Efficient' Railroads Globally, Stifel Says
Friday, October 12, 2018 - 11:23am | 460Canadian Pacific Railway, Ltd (NYSE: CP) gave Stifel reasons to turn bullish on the stock. The Analyst Stifel’s Michael Baudendistel upgraded Canadian Pacific Railway from Hold to Buy with a price target lowered from $247 to $244. The Thesis Stifel, which released a note on October...
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Stifel Rides The Rails, Initiates Seven Stocks
Thursday, May 24, 2018 - 12:42pm | 761Stifel analyst Michael Baudendistel went all-in on rail stocks Wednesday, reinstating coverage on seven of the biggest names in the railroad industry. Baudendistel is generally bullish on the group, but his analysis suggests some stocks are better bets than others. Here’s a rundown of what he...
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Rush Enterprises Set Apart By Smaller Fleets, Vocational Customers, Parts And Service, Stifel Says In Upgrade
Wednesday, April 25, 2018 - 11:06am | 397Rush Enterprises, Inc. Class A (NASDAQ: RUSHA) reported first-quarter results Monday after the close with higher revenues and earnings per share. Despite a beat on the bottom line, the stock slid 4.8 percent Tuesday. The Analyst Stifel analyst Michael Baudendistel upgraded shares of Rush...
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Analyst: Wabtec A Buy On Potential GE Synergies
Monday, April 23, 2018 - 9:42am | 450Westinghouse Air Brake Technologies Corp (NYSE: WAB) spiked as much as 7.7 percent Friday on news of talks to acquire General Electric Company (NYSE: GE)’s rail business. One analyst anticipates additional 13-percent upside. The Rating Stifel Nicolaus analyst Michael Baudendistel upgraded...
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Thor's 'Solid Quarter' Not Strong Enough For This Analyst To Turn Bullish
Thursday, March 8, 2018 - 2:44pm | 398Thor Industries, Inc. (NYSE: THO), a maker of a range of recreational vehicles, reported Wednesday its fiscal second quarter results which were "solid" but not strong enough for Stifel to turn bullish on the stock. The Analyst Stifel's Michael Baudendistel maintains a Hold rating on...
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Stifel Shifts Allison Transmission To Buy, Says 2018 Setup Remains Favorable
Friday, February 16, 2018 - 3:20pm | 355Some consider Allison Transmission Holdings Inc (NYSE: ALSN) at risk of losing clients in the transportation industry’s ostensible shift toward electric powertrains, but others on the Street think the truck supplier’s set to surge ahead. The Rating Stifel Nicolaus analyst Michael...
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Stifel Upgrades Navistar On Long-Term Potential, Turnaround Story
Tuesday, December 12, 2017 - 1:20pm | 524A turnaround is underway at Navistar International Corp (NYSE: NAV), and it's only the beginning, according to Stifel. The Analyst Stifel analyst Michael Baudendistel upgraded shares of Navistar from Hold to Buy and increased his price target from $45 to $50. The Thesis Navistar's...
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Is Winnebago's Stock Overheating? Analyst Thinks Its Valuation Is Starting To Look Pricey
Wednesday, October 4, 2017 - 9:47am | 372After a more than 45 percent gain since the start of 2017, analysts at Stifel now recommend Winnebago Industries, Inc. (NYSE: WGO) investors to "[pull] over at a rest stop." Analyst Michael Baudendistel downgraded Winnebago's stock from Buy to Hold but with a price target raised from...
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US Court Of Appeals Reverses Judgment Against Trinity, Look For Stock To Trade Higher
Monday, October 2, 2017 - 2:31pm | 401Trinity Industries Inc (NYSE: TRN) traded up 11.9 percent Monday after winning a critical legal appeal after-hours Friday, but Stifel sees more room for upside. Analysts Michael Baudendistel and Brady Cox had previously estimated that a reversal of the U.S. Court of Appeals’ initial judgment...
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UPDATE: Stifel Upgrades The Greenbrier Companies On 1Q15 Results
Thursday, January 8, 2015 - 9:25am | 195In a report published Thursday, Stifel analyst Michael Baudendistel upgraded the rating on The Greenbrier Companies (NYSE: GBX) from Hold to Buy, and named a $66.00 price target. In the report, Stifel noted, “We are upgrading the shares of The Greenbrier Companies from Hold to Buy primarily due to...
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UPDATE: Stifel Reiterates Buy, Raises PT On L.B. Foster On News Of Chemtec Acquisition Agreement
Tuesday, January 6, 2015 - 10:19am | 97In a report published Tuesday, Stifel analyst Michael Baudendistel reiterated a Buy rating on L.B. Foster Co (NASDAQ: FSTR), and raised the price target from $58.00 to $60.00. In the report, Stifel noted, “Yesterday, L.B. Foster Company announced an agreement to acquire Chemtec Energy Services, LLC...
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UPDATE: Stifel Initiates Coverage On Cummins Inc. On Good Potential Upside
Wednesday, October 8, 2014 - 9:38am | 104In a report published Wednesday, Stifel analyst Michael Baudendistel initiated coverage on Cummins Inc. (NYSE: CMI) with a Buy rating and $160.00 price target. In the report, Stifel noted, “We are initiating coverage of Cummins Inc. with a Buy rating on the company's common shares. We are...
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UPDATE: Stifel Reiterates On Trinity Industries Following Meyer Steel Structures Acquisition
Monday, June 30, 2014 - 10:32am | 108In a report published Monday, Stifel analyst Michael Baudendistel reiterated a Buy rating on Trinity Industries (NYSE: TRN), and raised the price target from $45.00 to $46.00. In the report, Stifel noted, “On Friday, Trinity Industries announced that it entered into an agreement to acquire the...
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UPDATE: Stifel Reiterates On Trinity Industries Following 2-For-1 Stock Split
Monday, June 23, 2014 - 9:42am | 92In a report published Monday, Stifel analyst Michael Baudendistel reiterated a Buy rating on Trinity Industries (NYSE: TRN), but lowered the price target from $90.00 to $45.00. In the report, Stifel noted, “To reflect the 2-for-1 stock split that went into effect during the trading day of June 20,...
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UPDATE: Stifel Initiates Coverage On WABCO On Mixed Factors
Tuesday, May 20, 2014 - 8:58am | 173In a report published Tuesday, Stifel analyst Michael Baudendistel initiated coverage on WABCO Holdings (NYSE: WBC) with a Hold rating. In the report, Stifel noted, “We are initiating coverage of WABCO Holdings Inc. (WBC) with a Hold rating on the company's common shares on the basis of valuation...