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Morgan Keegan Raises PT To $50 On FTNT
Thursday, April 28, 2011 - 7:44am | 100Morgan Keegan has raised its price target on Fortinet Inc. (NASDAQ: FTNT) from $47 to $50 based on strong 1Q11 performance. According to Morgan Keegan, “Strong 1Q11 results provide evidence of accelerating fundamentals over the last several quarters and underscore our belief that broader market...
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Morgan Keegan Ups PT On CTXS To $90
Thursday, April 28, 2011 - 7:39am | 120Morgan Keegan, citing 1Q11 outperformance, has raised its price target on Citrix Systems (NASDAQ: CTXS) from $80 to $90 and maintains its Outperform rating on the stock. Says Morgan Keegan, in the report, “Yesterday, CTXS announced solid 1Q11 results with EPS of $0.50 and $491 million in revenue...
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Morgan Keegan Discusses Proposed Increase in Rehab Hospital Medicare Rate for 2012
Monday, April 25, 2011 - 9:37am | 116Morgan Keegan released a Healthcare Reimbursement Alert explaining the new proposed rehabilitation hospital Medicare rate for 2012. The Centers for Medicare & Medicaid Services “proposes an average 1.8% Medicare rate increase per discharge.” Rehab hospitals will also have to deal with new...
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Morgan Keegan Update on RehabCare Group Prior to 1Q Earnings Report
Monday, April 25, 2011 - 8:56am | 90Morgan Keegan released an update for RehabCare Group (NYSE: RHB) just before RHB reports first quarter earnings on Thursday, April 28th. Morgan Keegan reports “We expect improvement in the company's hospitals and contract therapy divisions. As RehabCare is slated to be acquired by Kindred...
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Morgan Keegan Raises Estimates On GEL
Tuesday, April 12, 2011 - 9:17am | 108Morgan Keegan has raised its estimates on Genesis Energy L.P. (NYSE: GEL) to reflect the company's acquisition of three storage tanks that it will convert to handle oil. In the report, Morgan Keegan writes, ‘We are raising our 2012 estimates on expectations GEL will be able to take advantage of...
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Morgan Keegan Lowers PT On PTRY To $22
Tuesday, April 12, 2011 - 9:11am | 109Morgan Keegan, in its First Look report, has lowered its price target on The Pantry (NASDAQ: PTRY) to $22 from $25 to reflect lower net fuel margins and lower comp estimates. The report reiterates an Outperform rating on the stock. According to Morgan Keegan, “We continue to like the long-term...
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Morgan Keegan Raises PT On COO
Thursday, April 7, 2011 - 8:36am | 92Morgan Keegan, after meeting with management at The Cooper Companies (NYSE: COO) has reiterated its Outperform rating and has upped its price target from $73 to $80. Morgan Keegan states, “The key take-aways from our meeting include: (1) management articulated a plan to drive operating margin to...
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Morgan Keegan Raises PT On COO
Thursday, April 7, 2011 - 8:36am | 92Morgan Keegan, after meeting with management at The Cooper Companies (NYSE: COO) has reiterated its Outperform rating and has upped its price target from $73 to $80. Morgan Keegan states, “The key take-aways from our meeting include: (1) management articulated a plan to drive operating margin to...
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Morgan Keegan Raises PT On COO
Thursday, April 7, 2011 - 8:36am | 92Morgan Keegan, after meeting with management at The Cooper Companies (NYSE: COO) has reiterated its Outperform rating and has upped its price target from $73 to $80. Morgan Keegan states, “The key take-aways from our meeting include: (1) management articulated a plan to drive operating margin to...
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Morgan Keegan Reiterates “Outperform” Rating on RealNetworks
Friday, May 7, 2010 - 9:49am | 104Morgan Keegan reiterated their “Outperform” rating for shares of RealNetworks (NASDAQ: RNWK) yesterday after the bell. They said that Q1 results were quite positive for the company and that EBITDA far exceeded their expectations. Analysts suggested that financial estimates for RealNetworks are “...
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Morgan Keegan Reiterates “Outperform” Rating on RealNetworks
Friday, May 7, 2010 - 9:49am | 104Morgan Keegan reiterated their “Outperform” rating for shares of RealNetworks (NASDAQ: RNWK) yesterday after the bell. They said that Q1 results were quite positive for the company and that EBITDA far exceeded their expectations. Analysts suggested that financial estimates for RealNetworks are “...
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Baxter International (BAX) Keeps Outperform Rating, Despite Recall
Tuesday, May 4, 2010 - 10:00am | 200Morgan Keegan & Co. analysts Lawrence S. Keusch and Konstantin Tcherepachenets maintained their Outperform rating for shares of Baxter International Inc. (NYSE: BAX), with a blended fair value of $61. The analysts said that Baxter International Inc. was recalling as many as 20,000 of its...
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Morgan Keegan & Co. Maintains ADTRAN (ADTN) Outperform Rating
Friday, March 26, 2010 - 12:01pm | 208Morgan Keegan & Co. analysts Simon Leopold and Paul Bonenfant maintained their Outperform rating for shares of ADTRAN, Inc. (Nasdaq: ADTN). The analysts saw Qwest Communications' (NYSE: Q) application for a $350 million grant to subsidize a $467 million project aimed at high speed internet...
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Morgan Keegan & Co. Maintains Fred's (FRED) Outperform Rating
Friday, March 26, 2010 - 11:45am | 190Morgan Keegan & Co. analysts John R. Lawrence and Benjamin Brownlow maintained their Outperform rating for shares of Fred's, Inc. (Nasdaq: FRED). Morgan Keegan & Co. does not issue price targets. Although operating margins fell slightly below the analysts' predicted 2%, 4th quarter...