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UPDATE: Morgan Stanley Initiates Coverage On WESCO International On Balanced Risk-Reward
Tuesday, May 13, 2014 - 9:44am | 92In a report published Tuesday, Morgan Stanley analyst Nigel Coe initiated coverage on WESCO International (NYSE: WCC) with an Equal-Weight rating and $92.00 price target. In the report, Morgan Stanley noted, “We like WCC's leverage to improving construction trends, and revenue performance (finally...
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UPDATE: Morgan Stanley Initiates Coverage On HD Supply Holdings As Good Cycle Position Is Already In Price
Tuesday, May 13, 2014 - 9:43am | 92In a report published Tuesday, Morgan Stanley analyst Nigel Coe initiated coverage on HD Supply Holdings (NASDAQ: HDS) with an Equal-Weight rating and $28.00 price target. In the report, Morgan Stanley noted, “We like HDS' exposure to a cyclical rebound in construction and institutional spending,...
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Morgan Stanley Sees Eaton plc Adding Spark To The Hydraulics Market
Thursday, May 8, 2014 - 9:35am | 91In a report published Thursday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating and $89.00 price target on Eaton plc (NYSE: ETN). In the report, Morgan Stanley noted, “Our key take from ETN's Hydraulics day is that its broad electrical and electronic capabilities will become an...
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UPDATE: Morgan Stanley Reiterates On Emerson Electric On Mixed Factors
Wednesday, May 7, 2014 - 9:30am | 195In a report published Wednesday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating on Emerson Electric Co. (NYSE: EMR), and raised the price target from $68.00 to $69.00. In the report, Morgan Stanley noted, “EMR's 2Q results were essentially in line with its April 23rd pre-...
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Morgan Stanley Sees Potential Risks And Rewards For General Electric
Monday, May 5, 2014 - 9:43am | 88In a report published Monday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating and $28.00 price target on General Electric Company (NYSE: GE). In the report, Morgan Stanley noted, “The proposed Alstom transaction, like any large cross-border acquisition, carries clear risks; but...
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UPDATE: Morgan Stanley Reiterates on Tyco International Ltd. Ahead of Earnings Call
Friday, April 25, 2014 - 10:19am | 133In a report published Friday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating on Tyco International Ltd. (NYSE: TYC), but removed the $47.00 price target. In the report, Morgan Stanley noted, “TYC reported 45c which compares to 41c MSe/Street and 39-41c guidance. The results...
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UPDATE: Morgan Stanley Reiterates on Stanley Black & Decker Ahead of Earnings Call
Thursday, April 24, 2014 - 10:26am | 109In a report published Thursday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating on Stanley Black & Decker (NYSE: SWK), but lowered the $89.00 price target. In the report, Morgan Stanley noted, “SWK reported $1.07 ex 2c of acquisition integration items which compares to 96c/...
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UPDATE: Morgan Stanley Reiterates on Tyco International Ltd. on Exit from Atkore
Thursday, April 10, 2014 - 8:48am | 166In a report published Thursday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating on Tyco International Ltd. (NYSE: TYC), but removed the $47.00 price target. In the report, Morgan Stanley noted, “TYC disclosed this evening that it has completed its exit from Atkore, the legacy...
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Morgan Stanley is Waiting for Signs of Execution on ADT
Thursday, March 20, 2014 - 9:04am | 75In a report published Thursday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating and $35.00 price target on ADT (NYSE: ADT). In the report, Morgan Stanley noted, “It appears that ADT management is finally acknowledging its shortcomings and competitive threats. This change in tone...
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Morgan Stanley Feels Confident in United Technologies Following Analyst Day
Friday, March 14, 2014 - 9:47am | 131In a report published Friday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating and $122.00 price target on United Technologies (NYSE: UTX). In the report, Morgan Stanley noted, “We believe the Goodrich acquisition can deliver $200m further upside to $500m cost targets. UTC's...
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UPDATE: Morgan Stanley Reiterates on Dover Following NYC Investor Event
Thursday, March 6, 2014 - 9:09am | 83In a report published Thursday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating on Dover (NYSE: DOV), but removed the $81.00 price target. In the report, Morgan Stanley noted, “Dover hosted an NYC investor event yesterday evening that provided more specifics on the new segment...
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UPDATE: Morgan Stanley Reiterates on Tyco International Following Sale of ADT Korea
Tuesday, March 4, 2014 - 11:30am | 85In a report published Tuesday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating on Tyco International (NYSE: TYC), and raised the price target from $46.00 to $47.00. In the report, Morgan Stanley noted, “The sale of ADT Korea was a clear positive, and despite recent outperformance...
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UPDATE: Morgan Stanley Reiterates on Eaton Following Company Investor Day
Monday, March 3, 2014 - 9:55am | 93In a report published Monday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating on Eaton (NYSE: ETN), and raised the price target from $86.00 to $90.00. In the report, Morgan Stanley noted, “One of the most compelling aspects of the ETN story is its superior FCF outlook and mgmt is...
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Morgan Stanley Sees Capital Allocation Strategy as Critical to Performance for Honeywell International
Thursday, February 27, 2014 - 10:59am | 141In a report published Thursday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating and $99.00 price target on Honeywell International (NYSE: HON). In the report, Morgan Stanley noted, “HON ranks attractively in our structural margin expansion analysis, given continued HOS...
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UPDATE: Morgan Stanley Reiterates on SPX on Potential Upside
Thursday, February 13, 2014 - 11:15am | 99In a report published Thursday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating on SPX (NYSE: SPW), and raised the price target from $108.00 to $117.00. In the report, Morgan Stanley noted, “After years of inaction, we had some issues with the ‘raise number' button in our model....