Nicole Deblase

Although the US Machinery group has probably hit rock bottom, there is no recovery in sight, Deutsche Bank’s Nicole DeBlase said in a report. There is likely to be only low-single digit organic growth in the natural resource markets through 2020. Against this backdrop, the analyst...

Cummins Inc (NYSE: CMI) shares have been treading a downward path in 2015 and are down 30 percent year-to-date. Morgan Stanley’s Nicole DeBlase downgraded the rating on the company to Underweight, while reducing the price target to $79. Impediments to secular growth and market share...

The share price of Manitowoc Company Inc (NYSE: MTW) has declined 33.89 percent year-to-date, touching a low of 14.57 on September 28. Morgan Stanley’s Nicole DeBlase has downgraded the rating on the company from Overweight to Equal-weight, while lowering the price target from $24...

In a report published Wednesday, Morgan Stanley analyst Nicole DeBlase reiterated an Equal-Weight rating on Neff Corp. (NYSE: NEFF), but lowered the price target from $18.00 to $17.00. In the report, Morgan Stanley noted, "NEFF's first quarter as a publicly traded company was strong, but investors...

In a report published Wednesday, Morgan Stanley analyst Nicole DeBlase upgraded the rating on Allison Transmission Holdings Inc. (NYSE: ALSN) from Equal-Weight to Overweight, and raised the price target from $34.00 to $38.00. In the report, Morgan Stanley noted, "In our view, investors will find...

In a report published Wednesday, Morgan Stanley analyst Nicole DeBlase downgraded the rating on Navistar International Corp. (NYSE: NAV) from Equal-Weight to Underweight, and lowered the price target from $26.00 to $20.00. In the report, Morgan Stanley noted, "Based on our detailed scenario...

In a report published Monday, Morgan Stanley analyst Nicole DeBlase upgraded the rating on United Rentals, Inc. (NYSE: URI) from Equal-Weight to Overweight, and reiterated the $115.00 price target. In the report, Morgan Stanley noted, "Despite O&G risk, we remain believers in the US Non-Resi...

In a report published Monday, Morgan Stanley analyst Nicole DeBlase reiterated an Overweight rating on PACCAR (NASDAQ: PCAR), but lowered the price target from $73.00 to $70.00. In the report, Morgan Stanley noted, “A low quality beat was not enough for a fairly crowded name like PCAR, but we do...

Nicole DeBlase of Morgan Stanley on Tuesday initiated coverage of Neff Corp (NYSE: NEFF) with an Equal-Weight rating and $19 price target. "Although our $19 price target implies 52 percent upside versus the current share price, we stay on the sidelines for now given near-term headwinds and lower...

A recent report by Morgan Stanley includes a dreary forecast for farming equipment manufacturers. Analyst Nicole DeBlase predicts below-consensus earnings for industry leaders in 2015 and further declines in 2016. The report identifies five factors putting pressure on agriculture equipment...

In a report published Friday, Morgan Stanley analyst Nicole DeBlase reiterated an Equal-Weight rating on United Rentals (NYSE: URI), and raised the price target from $122.00 to $131.00. In the report, Morgan Stanley noted, “We are attracted to URI's 50% exposure to US Non-Residential Construction,...

In a report published Tuesday, Morgan Stanley analyst Nicole DeBlase reiterated an Overweight rating on Terex Corporation (NYSE: TEX), but lowered the price target from $51.00 to $44.00. In the report, Morgan Stanley noted, “We still see a Non-Resi Construction recovery as a strong possibility, and...

In a report published Tuesday, Morgan Stanley analyst Nicole DeBlase reiterated an Equal-Weight rating on Caterpillar Inc. (NYSE: CAT), but removed the $100.00 price target. In the report, Morgan Stanley noted, “Resource was the hot topic of discussion, but not much has changed. Customers continue...