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GE Grabs A Pair Of New Upgrades Following CEO Change
Tuesday, October 2, 2018 - 11:46am | 384After a big day of gains following an unexpected CEO transition, General Electric Company (NYSE: GE) received some more good news on Tuesday in the form of a pair of Wall Street upgrades. The Analyst Wolfe Research analyst Nigel Coe upgraded GE from Peer Perform to Outperform and raised his price...
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General Electric Dividend Cut Likely In The Works
Monday, October 23, 2017 - 11:39am | 440After more than a decade of underperformance, General Electric Company (NYSE: GE) may have finally found the right CEO to lead the company into its next era of prosperity. Unfortunately for GE investors, Morgan Stanley has downgraded GE stock from Equal-Weight to Underperform and said on Monday...
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Limited Upside Seen For Parker-Hannifin, Analyst Steps To The Sidelines
Monday, October 2, 2017 - 3:34pm | 498Morgan Stanley said in a note Monday Parker-Hannifin Corp (NYSE: PH) shares have seen their relative multiple peak following their strong outperformance since the election. The firm said conservative guidance and margin expansion are likely well understood parts of the story. Therefore, Morgan...
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Stanley Black & Decker Has Enough Catalysts To Fuel Superlative Earnings Growth
Monday, October 2, 2017 - 12:09pm | 375Morgan Stanley said in a note it is now persuaded that Stanley Black & Decker, Inc. (NYSE: SWK) has enough catalysts to keep its earnings growing at a premium to the broader EE/Multi-Industry group. Accordingly, the firm upgraded shares of Stanley Black & Decker from Equal Weight to...
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Morgan Stanley Cuts Target On Honeywell, Keeps As A Top Pick
Monday, October 10, 2016 - 9:25am | 409Close on the heels of Honeywell International Inc. (NYSE: HON) offering a downbeat guidance, Morgan Stanley slashed its target price on the stock from $127 to $124. However, the firm believes that the stock is still a top pick and retained an Overweight rating despite concerns over a CEO transition...
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Morgan Stanley Previews GE's Q3, Cuts Price Target To $31
Thursday, October 6, 2016 - 12:11pm | 349Previewing General Electric Company (NYSE: GE)'s third-quarter results, Morgan Stanley lowered its estimates and consequently its price target as well. 3Q Drops Below Consensus Nigel Coe, an analyst at the firm, said he is lowering his third-quarter earnings per share estimate by a penny, below...
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Morgan Stanley On Honeywell: 'Is This Quarter A Game Changer?'
Monday, July 25, 2016 - 7:23am | 320Honeywell International Inc. (NYSE: HON) reported strong quarterly results, and its core revenues and operating leverage could accelerate going ahead, Morgan Stanley’s Nigel Coe said in a report. He maintained an Overweight rating on the company, while raising the price target from $129 to...
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General Electric's Ramp Up The Rest Of The Year Is Key, Says Morgan Stanley
Friday, July 22, 2016 - 9:44am | 362General Electric Company’s (NYSE: GE) performance in the latest quarter was similar to the prior two quarter, and the 2H ramp-up is likely to be key since the “implied segment income acceleration looks extremely challenging, Morgan Stanley’s Nigel Coe said in a report. He...
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Fortive Gets Positive Opinion From Morgan Stanley Into IPO
Tuesday, July 5, 2016 - 8:39am | 265Morgan Stanley’s Nigel Coe believes the spinoff of Fortive Corp (NYSE: FTV*) from Danaher Corporation (NYSE: DHR) is likely to surprise to the upside with its quality. Additionally, the analyst sees the stock potentially trading “very rich” post-spin. Coe initiated coverage of...
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Morgan Stanley On Regal Beloit: 'The Danger Of Trying To Catch A Falling Knife'
Wednesday, May 11, 2016 - 12:52pm | 171Morgan Stanley's Nigel Coe downgraded Regal Beloit Corp (NASDAQ: RBC) from Overweight to Equal Weight while decreasing the price target from $65 to $62. The rating change came in response to the company's "sizeable" 1Q16 miss and "downward revision" to FY16 guidance...
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Morgan Stanley Thinks SPX Flow Is Cheap Compared To Peers, Initiates At Equal-Weight
Wednesday, November 25, 2015 - 9:28am | 377Shares of SPX Flow Inc (NYSE: FLOW) have been trading at a discount to its peers since the company’s spin in September 2015. Morgan Stanley’s Nigel Coe has initiated coverage of the company with an Equal-Weight rating and price target of $38. Coe expects the stock to continue to trade...
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Morgan Stanley Downgrades WW Grainger Amid 'Multiple Compression Risk'
Tuesday, October 20, 2015 - 10:50am | 341Shares of W W Grainger, Inc. (NYSE: GWW) have declined 20.73 percent year-to-date, reaching a low of $201.96 on Monday. Morgan Stanley’s Nigel Coe has downgraded the rating on the company from Overweight to Equal-weight, while lowering the price target from $236 to $218. Coe expects...
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Is Regulation A Risk For GE?
Thursday, July 9, 2015 - 1:39pm | 358In a report published Thursday, Morgan Stanley analyst Nigel Coe previewed General Electric Company (NYSE: GE)'s upcoming second quarter results, noting that the regulatory approval process for Alstom and Appliances will be a key focus. The European Union competition commission has...
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Morgan Stanley Says General Electric Deal Is Equity-Friendly, Remains Bullish
Friday, April 10, 2015 - 8:49am | 250Morgan Stanley issued a report on Friday highlighting General Electric Company (NYSE: GE) after the announcement of a significant restructuring deal. Morgan Stanley rates GE as Equal-weight while a price target is unavailable. In Friday's premarket, shares traded recently at $27.45, up 6.7 percent...
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Morgan Stanley On United Technologies' Lowered Revision: 'It's Just Math'
Tuesday, January 27, 2015 - 10:02am | 247United Technologies Corporation (NYSE: UTX) on Monday lowered its fiscal 2015 earnings per share outlook from $7.00 to $7.20 to $6.85 to $7.05, while reducing sales expectations from $66 billion to $67 billion to $65 billion to $66 billion due to a strong U.S. dollar outlook. Nigel Coe of...