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Deutsche Bank Is Cautious On U.S. Machinery, But Loves Caterpillar
Wednesday, September 7, 2016 - 8:28am | 313Although 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...
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Morgan Stanley Cuts Cummins To Underweight
Wednesday, October 28, 2015 - 9:54am | 263Cummins 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...
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Manitowoc Downgraded At Morgan Stanley, Stock May Be 'Spinning Its Wheels'
Wednesday, October 21, 2015 - 8:09am | 275The 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...
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Morgan Stanley: Machinery Stocks Face 'Doom And Gloom,' But This One Could Survive
Wednesday, October 7, 2015 - 2:25pm | 507Nicole DeBlase of Morgan Stanley noted that machinery investors should beware of the "doom and gloom" ahead of Q3 earnings. DeBlase is expecting an "outsized" number of misses. DeBlase added she is "tactically bullish" on United Rentals, Inc. (NYSE: URI). Nicole DeBlase of Morgan Stanley...
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Calls Of Note: The Research Moving Stocks On Friday
Friday, September 4, 2015 - 12:40pm | 841The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Bank Of America Upgrades Dollar Tree To Buy Denise Chai of Bank of America upgraded shares of Dollar Tree, Inc. (NASDAQ: DLTR) to Buy from Neutral...
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UPDATE: Morgan Stanley Reiterates Equal-Weight Rating, Lowers PT On Neff Corp. On Model Update
Wednesday, March 25, 2015 - 9:15am | 91In 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...
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UPDATE: Morgan Stanley Upgrades Allison Transmission As Cash Is King
Wednesday, March 18, 2015 - 9:27am | 87In 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...
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UPDATE: Morgan Stanley Downgrades Navistar International On Head-On Collision Between Consensus And Reality
Wednesday, March 18, 2015 - 9:26am | 102In 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...
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UPDATE: Morgan Stanley Upgrades United Rentals Despite O&G Risk
Monday, March 2, 2015 - 9:39am | 99In 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...
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Morgan Stanley Lowers Price Target On PACCAR On Great Expectations
Monday, February 2, 2015 - 8:36am | 92In 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...
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Morgan Stanley Initiates Coverage On Neff, Notes Oil & Gas 'Overhang' In Near-Term
Tuesday, December 16, 2014 - 11:14am | 158Nicole 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...
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Morgan Stanley: Another Bad Year For Deere In 2015
Sunday, December 14, 2014 - 2:55pm | 356A 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...
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UPDATE: Morgan Stanley Reiterates On United Rentals Following Analyst Meeting
Friday, December 5, 2014 - 8:57am | 162In 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,...
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UPDATE: Morgan Stanley Reiterates On Terex Corporation On Challenges Ahead
Tuesday, September 16, 2014 - 8:58am | 178In 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...
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UPDATE: Morgan Stanley Reiterates On Caterpillar Inc. Following Investor Dinner
Tuesday, September 16, 2014 - 8:33am | 138In 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...