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4 REITs Miller Tabak Is No Longer Selling
Wednesday, September 9, 2015 - 1:35pm | 423Back in June, Miller Tabak + Co., LLC predicted that REITs would see valuation multiple contraction as the market anticipated the first Federal Reserve rate hike. Now, three months later, analyst Thomas Mitchell believes that the multiple contraction is now complete and that REITs are once again...
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UPDATE: Miller Tabak + Co. Reiterates on CF Industries on Mixed Factors
Thursday, December 5, 2013 - 12:37pm | 184In a report published Thursday, Miller Tabak + Co. analyst Tim Tiberio reiterated a Sector Hold rating on CF Industries (NYSE: CF), and raised the price target from $230.00 to $245.00. In the report, Miller Tabak + Co. noted, “We believe the market is responding positively to a confluence of...
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UPDATE: Miller Tabak Downgrades ACE Limited Following Recent Influx of Capital, Premium Valuation
Thursday, October 3, 2013 - 12:04pm | 175In a report published Thursday, Miller Tabak + Co. analyst Tom Mitchell downgraded the rating on ACE Limited (NYSE: ACE) from Buy to Hold, and raised the price target from $91.50 to $96.35. In the report, Miller Tabak + Co. noted, “Given a recent influx of capital into the worldwide property/...
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Miller Tabak Reiterates Buy Rating, $360 PT on Chipotle Mexican Grill
Wednesday, January 16, 2013 - 10:58am | 241In a report published Wednesday, Miller Tabak + Co. reiterated its Buy rating and $360.00 price target on Chipotle Mexican Grill (NYSE: CMG). Miller Tabak noted, “We reiterate our Buy rating and $360 price target on Chipotle Mexican Grill (CMG) despite the lower-than-expected earnings guidance for...
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UPDATE: Miller Tabak Upgrades Archer Daniels Midland Company to Buy, Raises PT
Wednesday, January 2, 2013 - 10:00am | 178In a report published Wednesday, Miller Tabak + Co. upgraded its rating on Archer Daniels Midland Company (NYSE: ADM) from Neutral to Buy, and raised its price target from $26.00 to $34.00. Miller Tabak noted, “In our view, the drought-related (i.e. Mississippi river levels) and M&A risks to...
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Miller Tabak Reiterates Hold Rating, $31.63 PT on Willis Group Holdings
Monday, December 31, 2012 - 2:09pm | 140In a report published Monday, Miller Tabak + Co. reiterated its Hold rating and $31.63 PT on Willis Group Holdings (NYSE: WSH). Miller Tabak noted, “In the first read on January 2013 renewals after Hurricane Sandy, Willis Re reports that they have seen overall property/catastrophe coverages renew...
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UPDATE: Miller Tabak Reiterates Hold Rating, Names $22.62 PT on UDR
Monday, December 17, 2012 - 1:04pm | 265In a report published Monday, Miller Tabak & Co. reiterated its Hold rating on UDR (NYSE: UDR), and named a price target of $22.62. Miller Tabak noted, “We had expected much of UDR's 2013 growth potential to come from the NYC area, either in the form of redevelopment and refurbishment leading...
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UPDATE: Miller Tabak Reiterates Buy Rating, Raises PT on Six Flags Entertainment Corp.
Wednesday, December 12, 2012 - 1:59pm | 153In a report published Wednesday, Miller Tabak + Co. reiterated its Buy rating on Six Flags Entertainment Corp. (NYSE: SIX), and raised its price target to $70.00. Miller Tabak noted, “Yesterday, Six Flags (SIX: $62.71) announced that the company has priced $800 million of senior unsecured notes...
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UPDATE: Miller Tabak Reiterates Buy Rating, Lowers PT on The Men's Wearhouse
Monday, December 10, 2012 - 2:05pm | 121In a report published Monday, Miller Tabak + Co. reiterated its Buy rating on The Men's Wearhouse (NYSE: MW), but lowered its price target from $40.00 to $38.00. Miller Tabak noted, “We reiterate our Buy rating but are lowering our target price to $38 from $40. The primary risk to the achievement...
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Miller Tabak Reiterates Buy Rating, $80 PT on Bunge Limited
Friday, December 7, 2012 - 1:42pm | 177In a report published Friday, Miller Tabak + Co. reiterated its Buy rating and $80.00 price target on Bunge Limited (NYSE: BG). Miller Tabak noted, “This morning, Bunge announced that it had reached an agreement to sell its remaining fertilizer business in Brazil to Yara for total consideration of...
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UPDATE: Miller Tabak Reiterates Hold Rating, Names $13.33 PT
Wednesday, December 5, 2012 - 1:36pm | 155In a report published Wednesday, Miller Tabak + Co. reiterated its Hold rating on Duke Realty Corp. (NYSE: DRE), and named a $13.33 price target. Miller Tabak noted, “To mix metaphors, changing a REIT's property mix is a little bit like turning a battleship -- it seems to take forever to see a...
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UPDATE: Miller Tabak Upgrades Home Properties to Strong Buy, Sets $70.31 PT
Friday, November 2, 2012 - 2:45pm | 113In a report published Friday, Miller Tabak + Co. upgraded its rating on Home Properties (NYSE: HME) from Hold to Strong Buy, and set a price target of $70.31. Miller Tabak noted, “Home Properties Inc.'s (HME - $61.76 – Strong Buy – Price Target $70.31) footprint has a very heavy overlap with the...
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UPDATE: Miller Tabak Reiterates Buy Rating, Raises PT on PVH Corp.
Friday, November 2, 2012 - 9:18am | 143In a report published Friday, Miller Tabak + Co. reiterated its Buy rating on PVH Corp. (NYSE: PVH), and raised its price target from $100.00 to $120.00. Miller Tabak noted, “We reiterate our Buy rating and are raising our target price to $120 from $100 to reflect the potential near term accretion...
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UPDATE: Miller Tabak Downgrades ACE Limited to Hold, Reiterates $77.46 PT
Wednesday, October 31, 2012 - 9:51am | 175In a report published Wednesday, Miller Tabak + Co. downgraded its rating on ACE Limited (NYSE: ACE) from Buy to Hold, but reiterated its $77.46 price target. Miller Tabak noted, “Ace Limited is already trading slightly above our current price target. At this point in time, with almost zero on the...
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UPDATE: Miller Tabak Reiterates Sell Rating, Lowers PT on First Midwest Bancorp
Monday, October 15, 2012 - 12:03pm | 194In a report published Monday, Miller Tabak + Co. reiterated its Sell rating on First Midwest Bancorp (NASDAQ: FMBI), but slightly lowered its price target from $11.39 to $11.10. Miller Tabak noted, “Despite operating a solid deposit franchise that represents a very respectable estimated strategic...