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Timken Is Poised For Growth, Stifel Says In Bullish Turn
Tuesday, May 29, 2018 - 12:29pm | 328Stifel expressed confidence in manufacturer Timken Co (NYSE: TKR) after a meeting with the company's management. The Analyst Analyst Stanley Elliott upgraded Timken from Hold to Buy and increased the price target from $52 to $60. The Thesis Following two years of organic...
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Stifel Sees Potential For H&E Equipment Services
Friday, February 16, 2018 - 1:23pm | 345The equipment rental and distribution industry is uniquely positioned to benefit from improving construction and infrastructure market growth, according to one analyst. The Analyst Stifel analyst Stanley Elliott initiated coverage of H&E Equipment Services, Inc. (NASDAQ: HEES) with a Buy...
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Why Wall Street Is Fleeing Manitowoc
Thursday, October 15, 2015 - 9:54am | 461Shares of Manitowoc Company Inc (NYSE: MTW) were lower by nearly 15 percent during Thursday's pre-market session. The company reported Wednesday afternoon that it is seeing a "deteriorating" demand environment in Middle East and Asia Cranes segment. Analysts at Baird and...
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Martin Marietta Refrained From Specifics At Analyst Day, Cash Flow Strength Expected To Continue
Friday, February 13, 2015 - 11:25am | 140In a report published Friday, Stifel analyst Stanley Elliott reiterated a Buy rating on Martin Marietta Materials (NYSE: MLM), and raised the price target from $146.00 to $167.00. In the report, Stifel noted, "We had the pleasure of attending Martin Marietta's analyst event in NYC yesterday. The...
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UPDATE: Stifel Reiterates On Actuant Corporation As Active Capital Strategy Will Define FY15
Friday, October 3, 2014 - 9:29am | 153In a report published Friday, Stifel analyst Stanley Elliott reiterated a Buy rating on Actuant Corporation (NYSE: ATU), but lowered the price target from $41.00 to $39.00. In the report, Stifel noted, “Actuant reported 4Q14 results that essentially matched expectations, with a favorable tax rate...
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UPDATE: Stifel Reiterates On Manitowoc Company, Inc. On Lowered Crane Expectations
Tuesday, September 23, 2014 - 9:46am | 151In a report published Tuesday, Stifel analyst Stanley Elliott reiterated a Buy rating on Manitowoc Company, Inc. (NYSE: MTW), but lowered the price target from $39.00 to $37.00. In the report, Stifel noted, “Following Terex's guidance reduction, based on softer crane volumes and decelerating...
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UPDATE: Stifel Upgrades Terex Corporation As Pullback Leads To Buying Opportunity
Tuesday, September 16, 2014 - 7:55am | 148In a report published Tuesday, Stifel analyst Stanley Elliott upgraded the rating on Terex Corporation (NYSE: TEX) from Hold to Buy, and named a $40.00 price target. In the report, Stifel noted, “Following the lowered full year expectations and subsequent pullback in the shares, we are upgrading...
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UPDATE: Stifel Reiterates on Illinois Tool Works on Additional Margin Opportunities Ahead
Wednesday, April 23, 2014 - 9:25am | 160In a report published Wednesday, Stifel analyst Stanley Elliott reiterated a Buy rating on Illinois Tool Works (NYSE: ITW), and raised the price target from $90.00 to $95.00. In the report, Stifel noted, “ITW reported another quarter of strong results, in our view, particularly from a return...
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UPDATE: Stifel Downgrades Terex on Valuation
Thursday, February 20, 2014 - 10:27am | 178In a report published Thursday, Stifel analyst Stanley Elliott downgraded the rating on Terex (NYSE: TEX) from Buy to Hold, and removed the $40.00 price target. In the report, Stifel noted, “Terex reported 4Q results that were well ahead of prior expectations; however, the weak 2014 guide somewhat...
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UPDATE: Stifel Raises PT on Illinois Tool Works Following Announcement of Divestiture Plans
Wednesday, September 25, 2013 - 9:32am | 193In a report published Wednesday, Stifel analyst Stanley Elliott reiterated a Buy rating on Illinois Tool Works (NYSE: ITW), and raised the price target from $78.00 to $83.00. In the report, Stifel noted, “Illinois Tool Works announced plans to move forward with divesting its Industrial Packaging...
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UPDATE: Stifel Nicolaus Raises PT on Actuant Following Viking SeaTech Acquisition Announcement
Tuesday, August 6, 2013 - 10:58am | 139In a report published Tuesday, Stifel Nicolaus analyst Stanley Elliott reiterated a Buy rating on Actuant (NYSE: ATU), and raised the price target from $33.00 to $39.00. In the report, Stifel Nicolaus noted, “Actuant announced the acquisition of Viking SeaTech, a provider of equipment and...
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UPDATE: Stifel Nicolaus Raises PT on Lincoln Electric Following Strong Quarter Report
Tuesday, July 30, 2013 - 11:26am | 173In a report published Tuesday, Stifel Nicolaus analyst Stanley Elliott reiterated a Buy rating on Lincoln Electric (NASDAQ: LECO), and raised the price target from $60.00 to $68.00. In the report, Stifel Nicolaus noted, “Lincoln Electric reported another strong quarter with significant margin...
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UPDATE: Stifel Nicolaus Initiates Terex at Buy on Strong Market Share Positions
Wednesday, June 12, 2013 - 9:06am | 179In a report published Wednesday, Stifel Nicolaus analyst Stanley Elliott initiated coverage on Terex (NYSE: TEX) with a Buy rating and $44.00 price target. In the report, Stifel Nicolaus noted, “We are initiating coverage of Terex Corporation with a Buy rating on the shares and a $44 target...
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UPDATE: Stifel Nicolaus Initiates Manitowoc at Buy on Multiple Positive Factors
Wednesday, June 12, 2013 - 8:59am | 188In a report published Wednesday, Stifel Nicolaus analyst Stanley Elliott initiated coverage on Manitowoc (NYSE: MTW) with a Buy rating and $25.00 price target. In the report, Stifel Nicolaus noted, “We are initiating coverage of The Manitowoc Company (MTW) with a Buy rating on the shares and a...
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UPDATE: Stifel Nicolaus Initiates Astec Industries at Hold on Compelling Investment Story
Wednesday, June 12, 2013 - 8:33am | 203In a report published Wednesday, Stifel Nicolaus analyst Stanley Elliott initiated coverage on Astec Industries (NASDAQ: ASTE) with a Hold rating. In the report, Stifel Nicolaus noted, “We are initiating coverage of Astec industries with a Hold rating on the shares. Astec is a leading...