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UPDATE: Bank Of America Reiterates On Assignment Following 2Q EPS Report
Thursday, July 31, 2014 - 10:19am | 125In a report published Thursday, Bank of America analyst Sara Gubins reiterated a Buy rating on On Assignment (NYSE: ASGN), but lowered the price target from $42.00 to $41.00. In the report, Bank of America noted, “2Q EPS from continuing ops. of $0.38 was $0.01 above the high end of guidance & $...
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UPDATE: Bank Of America Reiterates Automatic Data Processing As Dealer Spin-Off May Unlock Value
Friday, July 25, 2014 - 10:21am | 138In a report published Friday, Bank of America analyst Sara Gubins reiterated a Buy rating on Automatic Data Processing (NASDAQ: ADP), and raised the price target from $90.00 $95.00. In the report, Bank of America noted, “In April, ADP's Board approved the spin-off of Dealer Services to shareholders...
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UPDATE: Bank Of America Reiterates On Robert Half International Following Strong 2Q
Wednesday, July 23, 2014 - 9:47am | 104In a report published Wednesday, Bank of America analyst Sara Gubins reiterated a Buy rating on Robert Half International (NYSE: RHI), and raised the price target from $55.00 to $56.00. In the report, Bank of America noted, “Shares of RHI are up 15% YTD, with investors anticipating improving trends...
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UPDATE: Bank Of America Reiterates On Cintas On Positive 4Q Trends, Muted FY15 Outlook
Wednesday, July 16, 2014 - 8:59am | 118In a report published Wednesday, Bank of America analyst Sara Gubins reiterated an Underperform rating on Cintas (NASDAQ: CTAS), and raised the price target from $54.00 to $59.00. In the report, Bank of America noted, “We argue CTAS shares reflect the cyclical recovery from an improving US labor...
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UPDATE: Bank Of America Reiterates On Paychex On Mixed Factors
Thursday, July 3, 2014 - 7:45am | 134In a report published Thursday, Bank of America analyst Sara Gubins reiterated a Neutral rating on Paychex (NASDAQ: PAYX), but lowered the price target from $47.00 to $44.00. In the report, Bank of America noted, “Management's upbeat tone contrasted to PAYX shares' -2% reaction to 4Q earnings and...
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Accenture Spikes Down On Outlook; Analyst Sees Q4 Miss Of Current Consensus
Thursday, June 26, 2014 - 12:34pm | 183Accenture (NYSE: ACN) shares spiked lower Thursday after the company cut its 2014 outlook suggesting a fourth-quarter earnings miss. Accenture's updated guidance implies fourth-quarter earnings of $1.06 to $1.10 per share. This compares to the analyst consensus of $1.15 before the update...
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UPDATE: Bank Of America Reiterates On ITT Educational Services On Plans To Consolidate PEAKS
Wednesday, June 25, 2014 - 9:03am | 135In a report published Wednesday, Bank of America analyst Sara Gubins reiterated a Neutral rating on ITT Educational Services (NYSE: ESI), but lowered the price target from $22.00 to $19.00. In the report, Bank of America noted, “After the close, ITT announced plans to consolidate prior PEAKS third-...
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UPDATE: Bank Of America Reiterates On Bright Horizons Family Solutions On Strong Start To 2014
Friday, May 2, 2014 - 9:05am | 144In a report published Friday, Bank of America analyst Sara Gubins reiterated a Buy rating on Bright Horizons Family Solutions (NYSE: BFAM), and raised the price target from $44.00 to $48.00. In the report, Bank of America noted, “1Q14 revenue growth of 18.6% was 160bp above the high end of...
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Bank of America Remains Optimistic on Moneygram International as Shares Hit New 52-Week Low
Monday, April 21, 2014 - 12:49pm | 220In a report published Monday, Bank of America Merrill Lynch analyst Sara Gubins maintains a Buy on Moneygram International (NASDAQ: MGI) following Wal-Mart Stores announcement of a new private-label money transfer service. To better reflect the loss, the analyst lowered the price target on...
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UPDATE: Bank of America Reiterates on On Assignment Following 2014 Investor Day
Friday, March 28, 2014 - 8:58am | 123In a report published Friday, Bank of America analyst Sara Gubins reiterated a Buy rating on On Assignment (NYSE: ASGN), and raised the price target from $40.00 to $42.00. In the report, Bank of America noted, “We expect On Assignment to grow more rapidly than the overall temporary staffing market...
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UPDATE: Bank of America Reiterates on ITT Educational Services on Additional Issues Related to PEAKS Loans
Monday, March 24, 2014 - 9:14am | 157In a report published Monday, Bank of America analyst Sara Gubins reiterated a Neutral rating on ITT Educational Services (NYSE: ESI), but lowered the price target from $36.00 to $32.00. In the report, Bank of America noted, “After Friday's close, ITT announced that it has entered into an...
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UPDATE: Bank of America Reiterates on Bright Horizons Family Solutions as Organic Growth Accelerates in 4Q
Friday, March 14, 2014 - 8:09am | 139In a report published Friday, Bank of America analyst Sara Gubins reiterated a Buy rating on Bright Horizons Family Solutions (NYSE: BFAM), and raised the price target from $42.00 to $44.00. In the report, Bank of America noted, “In 2014, BFAM expects 10-12% YoY revenue growth, driven by +7-9%...
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UPDATE: Bank of America Downgrades ITT Educational Services as New Lawsuit Poses Risks to Demand
Thursday, February 27, 2014 - 9:45am | 159In a report published Thursday, Bank of America analyst Sara Gubins downgraded the rating on ITT Educational Services (NYSE: ESI) from Buy to Neutral, and lowered the price target from $42.00 to $36.00. In the report, Bank of America noted, “On 2/26, the Consumer Financial Protection Bureau (CFPB...
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UPDATE: Bank of America Reiterates on Blackhawk Network on Near-Term Prospects, Medium-Term Risks
Friday, February 21, 2014 - 11:26am | 103In a report published Friday, Bank of America analyst Sara Gubins reiterated a Neutral rating on Blackhawk Network (NASDAQ: HAWK), but lowered the price target from $28.00 to $25.00. In the report, Bank of America noted, “We view Blackhawk as the clear leader in the $16bn closed-loop third-party...
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UPDATE: Bank of America Reiterates on DeVry Education Group Following Mixed Quarter Report
Wednesday, February 5, 2014 - 11:18am | 133In a report published Wednesday, Bank of America analyst Sara Gubins reiterated a Neutral rating on DeVry Education Group (NYSE: DV), but lowered the price target from $42.00 to $40.00. In the report, Bank of America noted, “DV reported another mixed quarter: weakness in the DeVry University (DVU...