Steven Fisher

In a report published Tuesday, UBS analyst Steven Fisher downgraded KBR (NYSE: KBR) from Buy to Neutral and lowered the price target from $33.00 to $26.00 due to cloudy earnings visibility through 2014. Fisher presented some near-term concerns with KBR, including the CEO replacement, Stuart Bradie...

On Tuesday, UBS downgraded shares of Navistar (NYSE: NAV) from Buy to Neutral and lowered the price target from $44 to $36. Steven Fisher, analyst at UBS, believes the company's journey to improved profitability will be a “slower ramp” than expected. Warranty expenses are declining at slower than...

In a report published Wednesday, UBS Securities analyst Steven Fisher upgraded the rating on Layne Christensen Company (NASDAQ: LAYN) from Sell to Neutral, and reiterated the $16.00 price target. In the report, UBS Securities noted, “We downgraded LAYN shares to Sell on 8/30/12 based on our view...

In a report published Friday, UBS Securities analyst Steven Fisher reiterated a Sell rating and $72.00 price target on Deere & Company (NYSE: DE). In the report, UBS Securities noted, “We believe that the key risk to the ag equipment manufacturers is farmers' option to delay the replacement of...

In a report published Friday, UBS Investment Research analyst Steven Fisher reiterated a Buy rating on Fluor (NYSE: FLR), and raised the price target from $73.00 to $75.00. In the report, UBS Investment Research noted, “FLR discussed some 2013 prospects (CP Chem, Sasol cracker, Shell Franklin,...