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Alcoa's Mixed Report: How Analysts Are Reacting
Thursday, July 9, 2015 - 10:58am | 597Alcoa Inc (NYSE: AA) reported its second quarter results after Wednesday's closing bell. The company reported a mix quarter with earnings per share excluding special items of $0.18 missing the consensus estimate of $0.23 while revenue of $5.897 billion exceeded the $5.82 billion analysts were...
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Standpoint Upgrades Alcoa; Stock Rising
Friday, May 1, 2015 - 11:32am | 295Ronnie Moas at Standpoint Research upgraded Alcoa Inc (NYSE: AA) from Hold to Buy Friday and set an $18 price target. Moas’ price target was for a 2016-2017 time frame with the expectation of a 30 percent upside versus a 15 percent downside risk. Moas noted that Century Aluminum Co (...
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Stifel Lowers Alcoa's Price Target By A Buck
Thursday, April 9, 2015 - 3:30pm | 194Shares of Alcoa Inc (NYSE: AA) were down about 4 percent on Thursday, after the company missed revenue estimates when reporting financial results on Wednesday. To better reflect the impact of lower premiums, Stifel analysts Paul Massoud and Anthony Shen adjusted their second quarter estimates and...
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Stifel Previews Q4 Earnings For Potash Corp./Saskatchewan
Tuesday, January 27, 2015 - 4:40pm | 199Stifel previewed earnings for Potash Corp./Saskatchewan (USA) (NYSE: POT), which will report on January 29 before the market open. Analyst Paul Massoud expected Q4 earnings to come in a $0.47 versus the consensus of $0.46. Massoud maintained the “outlook that 1Q14 was the low point for...
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Stifel Weighs In On Alcoa, Continues To See Increasing Aluminum Demand From The Auto Industry
Tuesday, January 13, 2015 - 3:54pm | 373Alcoa Inc (NYSE: AA) reported its fourth quarter results on Monday after market close. The company earned $0.33 per share, beating the consensus estimate of $0.26 per share while revenue of $6.40 billion topped expectations of $5.99 billion. In a note on Tuesday, Paul Massoud of Stifel...
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Stifel: Higher Corn Prices Dominate Monsanto's Q1 Print
Wednesday, December 31, 2014 - 10:11am | 198Monsanto Company (NYSE: MON) will report its first quarter earnings on Wednesday, January 7, before market open. Paul Massoud of Stifel commented on the company's upcoming results in a note to clients on Wednesday. “We believe Monsanto will continue to drive higher seed pricing in 2015 through mix-...
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UPDATE: Stifel Reiterates On Alcoa Inc On Raised 3Q14 EPS Estimates
Thursday, September 25, 2014 - 9:53am | 106In a report published Thursday, Stifel analyst Paul Massoud reiterated a Buy rating on Alcoa Inc (NYSE: AA), and raised the price target from $17.00 to $20.00. In the report, Stifel noted, “We are raising our 3Q14 EPS estimate from $0.20 to $0.24 (vs. the Street consensus of $0.20), reflecting...
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Stifel Bullish On Monsanto Company
Thursday, September 18, 2014 - 11:04am | 194Analysts at Stifel upgraded shares of Monsanto Company (NYSE: MON) to Buy from Hold and established a price target of $135 Thursday. Paul Massoud cited “seasonal trends, favorable valuation, and overdone negative sentiment imply upside for MON shares.” Key points include:...
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UPDATE: Stifel Downgrades Freeport-McMoran
Thursday, August 14, 2014 - 9:42am | 137Earlier Thursday morning, Stifel analyst Paul Massoud downgraded shares of Freeport-McMoran (NYSE: FCX) from Buy to Hold and set a price target of $37. Massoud began by acknowledging that the recent Memorandum of Understanding between Freeport and the Indonesian government is a step in the...
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Stifel Nicolaus Comments On Alcoa Acquisition Of Firth Rixson
Thursday, June 26, 2014 - 3:20pm | 192On Thursday morning, Alcoa (NYSE: AA) announced that it will acquire Firth Rixson, a global leader in the production of aerospace jet engine components. Following the announcement, Stifel analyst, Paul Massoud issued a research note which provided some color on the deal. Massoud noted that the $2....
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UPDATE: Stifel Initiates Coverage on The Andersons
Friday, January 10, 2014 - 9:18am | 180In a report published Friday, Stifel analyst Paul Massoud initiated coverage on The Andersons (NASDAQ: ANDE) at Hold. According to the report, while it is believed that ANDE is entering into a favorable operating environment in 2014, much of the upside is already valued in the stock (up 107.9% in...
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UPDATE: Stifel Nicolaus Initiates Archer Daniels Midland on Favorable 2014 Outlook
Tuesday, December 24, 2013 - 9:16am | 233In a report published Tuesday, Stifel Nicolaus analyst Paul Massoud initiated coverage on Archer-Daniels-Midland (NYSE: ADM) with a Hold rating. According to the report, “We believe ADM is entering a more favorable operating environment in 2014, though in our opinion, the upside is already...
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UPDATE: Stifel Reiterates on Marrone Bio Innovations Following 3Q13 Revenue Report
Monday, November 11, 2013 - 10:04am | 118In a report published Monday, Stifel analyst Paul Massoud reiterated a Buy rating on Marrone Bio Innovations (NASDAQ: MBII), and raised the price target from $17.00 to $19.00. In the report, Stifel noted, “MBI reported 3Q13 revenue of $1.3 million and additional deferred revenues of $770,000 in...
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UPDATE: Stifel Initiates Coverage on Marrone Bio Innovations on Expected Revenue Growth
Tuesday, August 27, 2013 - 10:47am | 163In a report published Tuesday, Stifel analyst Paul Massoud initiated coverage on Marrone Bio Innovations (NASDAQ: MBII) with a Buy rating and $17.00 price target. In the report, Stifel noted, “MBI has developed an efficient sourcing process for microorganisms and plant extracts, an extensive...
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UPDATE: Stifel Nicolaus Downgrades Agrium on Revised Potash/Nitrogen Prices
Monday, August 5, 2013 - 8:38am | 149In a report published Monday, Stifel Nicolaus analyst Paul Massoud downgraded Agrium (NYSE: AGU) from Buy to Hold, and removed the $99.00 price target. In the report, Stifel Nicolaus noted, “We are lowering our rating on AGU shares from Buy to Hold. In addition to lower potash prices, we...