Sidoti & Company

Analysts are Sidoti & Company reiterate their “buy” rating on STERIS Corp (NYSE: STE), while raising their estimates for the company. The price target for STE has been raised from $40 to $46. The FDA had recommended healthcare facilities to stop using STE’s System 1 Sterile Processing System in...

Analysts at Sidoti & Company downgrade Balchem Corporation (NASDAQ: BCPC) from “buy” to “neutral.” The target price for BCPC is set to $25. The downgrade in rating is based on valuation, since there seems to be limited upside to the target price, the analysts say. “Balchem’s price has risen 40...

A.Schulman (NASDAQ: SHLM) announced EPS of $0.76 beating street estimates of $0.43, aided by lower raw material costs and lower tax rate. Sidoti & Company believes that the management is slowly moving Schulman in the right direction by focusing on specialized products and shifting away from the...

Sidoti & Company has upgraded AAR Corporation (NYSE: AIR) to ‘Buy’ and to $32 per share, based primarily on the formal announcement of a agreement with Sirkosky, a subsidiary of United Technologies (NYSE: UTX) which is worth $60 million over the next few years. AAR has been selected as the...

Sono Site Inc (NYSE: SONO) reported preliminary Q42009 revenue of $69 million, in line with the consensus estimate. Sidoti & Company, LLC’s analyst Gregory R. Brash said in a note that he is particularly encouraged by the 8% rise in international sales (flat constant currency), versus his...

Sidoti & Company maintained a neutral rating for Fuel Tech, Inc (NASDAQ: FTEK) with a target price of $9. Sidoti & Company cites Fuel Tech’s disappointing recessionary performance that cast a lasting shadow on the sales prospects. The company’s unit sales have lagged for long. Fuel Tech...

In a recent report released by Sidoti & Co., Tesco Corp. (NASDAQ: TESO)(FREE stock trend analysis) has been given a price upgrade of $2. Sidoti & Co. has pegged new 12 month price target at $17 up from earlier estimate of $15. This new target is based on 9X multiple of estimated 2011...

General economic recovery bodes well for research firm Forrester Research (NASDAQ: FORR). It is likely to improve its subscription renewal cycle. Forrester research has approximately 40% of its research subscriptions up for renewal in Q4. Forrester is also expected to make several acquisitions in...

Mimi Noel of Sidoti & Company maintained her "buy" rating on Sally Beauty Holdings Inc (NYSE: SBH), while raising her estimates for the company. The target price is set to $12. SBH posted its total sales for FQ4 at $676 million, reflecting a 0.6% y/y growth. The sales for the quarter easily...

Sidoti & Company upgraded General Cable Corporation (NYSE: BGC) from “neutral to “buy.” The target price for BGC has been maintained. Sidoti & Company expects BGC to benefit going forward from: • Improving industrial activity across the world and a possible decline in metals prices. •...