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UPDATE: Monness Crespi Hardt Downgrades Air Products & Chemicals Following Recent Share Rally
Wednesday, July 24, 2013 - 9:38am | 214In a report published Wednesday, Monness Crespi Hardt analyst Chris Shaw downgraded the rating on Air Products & Chemicals (NYSE: APD) from Buy to Neutral, but raised the price target from $97.00 to $103.00. In the report, Monness Crespi Hardt noted, “We are downgrading APD shares from Buy...
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UPDATE: Monness Crespi Hardt Initiates Express Scripts with Buy on Cash EPS Growth
Monday, July 1, 2013 - 10:36am | 175In a report published Monday, Monness Crespi Hardt analyst Jim Chartier initiated coverage on Express Scripts Holding Company (NASDAQ: ESRX) with a Buy rating and $78.00 price target. In the report, Monness Crespi Hardt noted, “We are initiating coverage of ESRX shares with a Buy rating as we see...
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UPDATE: Monness Crespi Hardt Initiates Methanex at Buy on Good Market Position
Monday, June 10, 2013 - 10:30am | 189In a report published Monday, Monness Crespi Hardt analyst Chris Shaw initiated coverage on Methanex (NASDAQ: MEOH) with a Buy rating and $52.00 price target. In the report, Monness Crespi Hardt noted, “We are initiating coverage of Methanex with a Buy rating and a $52 target. Methanex is very...
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UPDATE: Monness Crespi Hardt Upgrades Electronic Arts to Neutral Following Evaporation of Catalysts
Wednesday, May 8, 2013 - 9:26am | 205In a report published Wednesday, Monness Crespi Hardt analyst Bill Lennan upgraded the rating on Electronic Arts (NASDAQ: EA) from Sell to Neutral. In the report, Lenna noted, “A series of earnings misses, guide-downs, disappointing games, and a CEO departure (to name a few) have been insufficient...
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UPDATE: Monness Crespi Hardt Upgrades WellPoint to Buy, Names $90 PT on 1Q13 Results
Thursday, April 25, 2013 - 9:59am | 137In a report published Thursday, Monness Crespi Hardt analyst Brian Wright upgraded the rating on WellPoint (NYSE: WLP) from Neutral to Buy, and named a $90.00 price target. In the report, Wright noted, “While acknowledging the robust results for the quarter, guidance presumes reversion in...
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UPDATE: Monness Crespi Hardt Lowers PT on Apple on 2QFY13 Preview
Monday, April 22, 2013 - 10:19am | 145In a report published Monday, Monness Crespi Hardt analyst Jeffrey Fidacaro reiterated a Buy rating on Apple (NASDAQ: AAPL), but lowered the price target from $670.00 to $520.00. In the report, Fidacaro noted, “2QFY13 Preview: lowering estimates on softer demand and lull before product refreshes....
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UPDATE: Monness Crespi Hardt Downgrades Leggett & Platt to Neutral on March Quarter Preview
Friday, April 19, 2013 - 8:58am | 165In a report published Friday, Monness Crespi Hardt analyst Herb Hardt downgraded the rating on Leggett & Platt (NYSE: LEG) from Buy to Neutral. In the report, Hardt noted, “The March Quarter should be in line with MCH and consensus EPS estimates of $0.38 per share versus $0.30 per share last...
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UPDATE: Huntsman Upgraded at Monness Crespi Ahead of Restructuring Efforts
Thursday, April 4, 2013 - 10:23am | 156In a report published by Monness Crespi Hardt, analyst Herb Hardt upgraded Huntsman (NYSE: HUN) from Neutral to Buy and established a $25.00 price target. In the report, Monness Crespi Hardt noted, "For 2013 there will still be restructuring charges as well as the lack of a one-time benefit from a...
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UPDATE: Monness Crespi Hardt Upgrades Dick's Sporting Goods to Buy after on 4QFY12 Miss
Wednesday, March 13, 2013 - 10:27am | 151In a report published Wednesday, Monness Crespi Hardt analyst Jim Chartier upgraded his rating on Dick's Sporting Goods (NYSE: DKS) from Neutral to Buy and named a $61.00 price target. In the report, Chartier noted, “We believe the company's 4QFY12 miss and slow start to 1QFY13 are due to...
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UPDATE: Monness Crespi Hardt Upgrades Olin Corporation to Buy on Recent Acquisitions
Monday, March 11, 2013 - 8:48am | 134In a report published Monday, Monness Crespi Hardt upgraded its rating on Olin Corporation (NYSE: OLN) from Neutral to Buy and named a $31.00 price target. Monness Crespi Hardt noted, “OApproximately $500 million ($6.25/share) has been spent over the past two years to exit mercury cell production...
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UPDATE: Monness Crespi Hardt Reiterates Buy Rating, Raises PT on Fifth & Pacific Companies on Compelling Portfolio
Wednesday, February 20, 2013 - 10:17am | 197In a report published Wednesday, Monness Crespi Hardt reiterated its Buy rating on Fifth & Pacific Companies (NYSE: FNP), and raised its price target from $15.00 to $21.00. Monness Crespi Hardt noted, “We continue to recommend FNP shares with a Buy rating and are raising our price target to $...
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UPDATE: Monness Crespi Hardt Downgrades Rockwood Holdings to Neutral on Limited Upside
Tuesday, February 19, 2013 - 3:37pm | 109Monness Crespi Hardt downgraded Rockwood Holdings (NYSE: ROC) from Buy to Neutral and announced a $62.00 price target. Monness Crespi Hardt noted, "We are downgrading ROC to Neutral as the recent share appreciation has left limited upside in our view, despite a number of potential upcoming...
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UPDATE: Monness Crespi Hardt Reiterates Buy Rating, Raises PT on Cabela's on 4Q12 EPS
Friday, February 15, 2013 - 1:37pm | 145In a report published Friday, Monness Crespi Hardt reiterated its Buy rating on Cabela's (NYSE: CAB), and raised its price target from $55.00 to $59.00. Monness Crespi Hardt noted, “Excluding 1x items, Cabela's reported 4Q12 EPS of $1.25. The loan loss provision decreased $0.2 million from last...
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UPDATE: Monness Crespi Hardt Reiterates Buy Rating, Lowers PT on Koppers Holdings on Nice 4Q Earnings Beat
Friday, February 15, 2013 - 1:37pm | 167In a report published Friday, Monness Crespi Hardt reiterated its Buy rating on Koppers Holdings (NYSE: KOP), but lowered its price target from $49.00 to $46.00. Monness Crespi Hardt noted, “KOP ended a difficult 2012 with a nice earnings beat in 4Q, even though it was driven by a lower tax rate....
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Is TripAdvisor Sandbagging Estimates for a Huge First-Quarter Earnings Beat?
Thursday, February 14, 2013 - 4:18pm | 344TripAdvisor (NASDAQ: TRIP) reported earnings after the close Wednesday, beating on the top and bottom lines, but managed to disappoint investors on its conference call, sending shares tumbling almost 10 percent. Leading into the earnings report, JG Capital reiterated its Overweight rating on the...