Steven Fisher

There is increasing evidence of a downward momentum in United Rentals, Inc’s (NYSE: URI) underlying markets and indicators point to a negative inflection in EBITDA, according to UBS. The Analyst UBS analyst Steven Fisher downgraded United Rentals from Buy to Neutral, reducing the price target...

Shares of Deere & Company (NYSE: DE) have sharply rebounded from May's weakness and the recovery now reflects the company's outlook, according to UBS. The Analyst UBS analyst Steven Fisher downgraded Deere from Buy to Neutral with a price target lifted from $158 to $167. The Thesis...

Dow Jones component Caterpillar Inc. (NYSE: CAT) is likely to see around 55 percent of its end markets peak in 2019, followed by declining earnings in 2020, according to UBS. The Analyst UBS analyst Steven Fisher downgraded Caterpillar from Buy to Sell with a price target lowered from $...

Caterpillar Inc. (NYSE: CAT), which invented the iconic rolling tracks on steam tractors in the 1890s, is coming out of its cocoon and ready to deliver big wins for investors, UBS analyst Steven Fisher says. Fisher upgraded Caterpillar from Neutral to Buy and raised the price target from $116 to $...

United Rentals, Inc. (NYSE: URI), the world's biggest construction equipment rental provider, confirmed on Wednesday it plans on acquiring rival chain Neff Corp (NYSE: NEFF) for $1.3 billion, or $25 per share. UBS's Steven Fisher commented in a research report that the acquisition of Neff...

Analysts at UBS found something puzzling about United Rentals, Inc. (NYSE: URI)'s earnings report: Why was utilization in the quarter strong at a time when rates were weak? The puzzling trend may contribute in some way to the stock's more than 5 percent decline Thursday morning. UBS's analyst...

UBS still sees upside in Deere & Company (NYSE: DE) shares despite its 11 percent jump on Wednesday following blow-out third-quarter results on cost cuts. The brokerage, albeit maintaining its Neutral rating, raised the price target on the shares to $105 from $87, with the revised target...

UBS initiated Advanced Disposal Services Inc (NYSE: ADSW) shares with a Buy rating and a target price of $25, implying an upside potential of more than 20 percent from current levels. The firm believes shares of the company are not only attractive but also defensive. The company came out with 19.25...

UBS’ Steven Fisher believes building a cloud-based platform and retrofitting equipment are key to the vision of Deere & Company (NYSE: DE). Fisher maintains a Neutral rating on the company with a price target of $87. Precision Ag Business At its investor meeting on August 29, Deere...

Although corn prices have risen, UBS’ Steven Fisher does not expect any further meaningful upside to the prices during the current growing season. Fisher downgraded the rating on Deere & Company (NYSE: DE) from Buy to Neutral, while lowering the price target from $94 to $80. Lower Corn...

UBS maintains its Sell rating on Joy Global Inc. (NYSE: JOY), saying the company still needs an earnings recovery to support debt reduction as coal challenges remain. "We still see fundamental risk to coal and broader mining capex for 2017, and with 77 percent of the implied value based on future...