Soleil Securities

Soleil Securities has released an update on Progressive Corporation (NYSE: PGR). The company appears poised to embark upon another attempt at growth. However, Soleil believes that the company’s growth strategy depends largely on retention, which is an area where the firm has not excelled. This is...

Soleil Securities has upgraded Macy’s Inc. (NYSE: M) from a Hold to a Buy rating. The price target for the Macy’s, Inc. stock has been raised from $19 o $28. The rating upgrade and increase in the price target come on the back of improving sales at the company. Soleil has also increased the EPS...

Soleil Securities has raised the price target for Limited Brands, Inc. (NYSE: LTD) to $24. The company has made a strong start in February. The management at the company is committed in its efforts to keep the pace of growth in expenses lower than the growth in sales. According to Soleil, the new...

Soleil Securities has released an update on Leap Wireless International, Inc. (NASDAQ: LEAP). The company reported fourth-quarter results in-line with expectations. Soleil believes that the company can benefit from industry consolidation; however, it expects pricing competition to increase...

Soleil Securities has released an update on CenturyTel, Inc. (NYSE: CTL). The company reported strong results for the fourth-quarter, which were ahead of expectations. According to Soleil, the guidance provided by the company for 2010 is conservative. Soleil believes that the company continues to...

Analyst Michael Nelson at Soleil Securities has released a report previewing the fourth-quarter at Clearwire Corporation (NASDAQ: CLWR). The company will report results for the fourth-quarter tomorrow. Soleil expects the company to report solid results for the fourth-quarter. According to Soleil,...

Shares of auto retailer Group 1 Automotive, Inc. (NYSE: GPI) are up nearly 5% for the day. Soleil Securities upgraded the shares from Hold to Buy and raised the price target from $35 to $36. Analysts believed that the recent drop in the company's stock was due to an overreaction to the possible...

Soleil Securities maintains a "hold" for TomoTherapy Inc. (NASDAQ: TOMO) despite its reasonable performance in the fourth quarter, amid disappointing 2010 guidance. Also, as the U.S. market recovers, Soleil expects increasing competition to put pressure on TomoTherapy’s future performance. The...

Soleil Securities upgraded Group 1 Automotive (NYSE: GPI) to Buy from Hold due to a drop in the company’s stock price and recalls by Toyota Motor Corp. (ADR) (NYSE: TM). Soleil recommended a target price of $36 for GPI based on the midpoint of 2010 expected earnings. 2010 EPS is raised to $2.25...

Endurance Specialty Holdings announced its strong fourth quarter results, exceeding market expectations, which could be attributed to yet another quarter of moderate catastrophe experience and a favorable loss reserve development. Net premiums written dropped by 19% only due to Endurance’s decision...

Analyst Eric J. Larson at Soleil Securities has released a report reviewing the first-quarter results at Whole Foods Market, Inc. (NASDAQ: WFMI). The company reported results for the first-quarter yesterday. Whole Foods Market reported diluted EPS of $0.32, which came in ahead of consensus...

Soleil Securities has released an update on Airgas Inc. (NYSE: ARG). Airgas missed the third quarter, FY10 EPS target by $0.04. The company has also lowered the EPS guidance for FY10 by $0.07. Soleil Securities has lowered the price target for Airgas Inc. from $60 to $57. The company has raised...

Soleil Securities has maintained its Buy rating for Northeast Utilities System (NYSE: NU). The company has made no changes to the transmission investment growth story. According to Soleil Securities, on the financial front the main challenges faced by utilities this year is renewal of credit lines...

Goldman Sachs (NYSE: GS) reported $4.79 billion profit for Q4FY09 in comparison to $2.1 billion loss a year ago. Talking with CNBC, Vince Farrell of Soleil Securities pointed out that this figure needs to be adjusted for normal compensation levels. Goldman Sachs reported Q4EPS at $8.20 in contrast...

LifePoint Hospitals (NASDAQ: LPNT) has been given a ‘buy’ rating by analysts at Soleil Securities. LifePoint Hospitals is a leading operator of non-urban hospitals. According to the presentation made by Top management, the company is expected to meet or beat its free cash flow guidance for Year...