-
RBC, Baird React To Jury Ruling In Jeld-Wen Antitrust Litigation
Monday, October 8, 2018 - 2:50pm | 539Window and door manufacturer Jeld-Wen Holding Inc (NYSE: JELD) was on the losing end of a lawsuit last week. A U.S. District Court jury in the Eastern District of Virginia ruled that Jeld-Wen must sell its Towanda, Pennsylvania doorskin plant in order to restore competition in the...
-
Baird Goes Neutral On Johnson Controls: 'Our Prior Thesis Has Failed To Materialize'
Friday, January 5, 2018 - 5:48pm | 437Johnson Controls International plc (NYSE: JCI) received a Friday downgrade from Baird, with the firm saying the HVAC company is trading at fair value. The Analyst Baird Equity Research's Timothy Wojs downgraded Johnson Controls from Outperform to Neutral and decreased...
-
Acuity Brands Downgraded As Bull Thesis Fails To Manifest
Tuesday, September 19, 2017 - 11:32am | 415With Baird's bull thesis on Acuity Brands, Inc. (NYSE: AYI) failing to materialize, the firm downgraded shares of the company. Specifically, the firm noted that the second-half volume improvement on which it had predicated its upgrade earlier this year hasn't materialized, with volumes...
-
Lennox Delivers A Q3 Estimate Beat And Sets Up Nicely For Q4
Tuesday, October 18, 2016 - 10:28am | 284Lennox International Inc. (NYSE: LII) shares fell 1 percent following the company reporting robust beat results for Q3. Baird’s Timothy Wojs believes the pullback offers an attractive buying opportunity. Wojs maintained a Buy rating on the company, with a price target of $168. Strong...
-
Baird's Roofing Survey Positive For Beacon Roofing, Carlisle Quarterly EPS
Wednesday, July 6, 2016 - 3:46pm | 417The second-quarter Baird roofing survey indicated overall roofing revenues were up low single-digits in the quarter, importantly including mid-single-digit growth in shingles. The survey also suggested nonresidential volume growth was in the low-single-digit range. This bodes well for the upcoming...
-
Masonite International Tells Investors 2016 New Product Revenue Will Eclipse 2015
Wednesday, June 22, 2016 - 4:21pm | 163Baird's Timothy Wojs reiterated Masonite International Corp (NYSE: DOOR) at Outperform with a price target of $75.00. The reiteration came after Masonite's investor event in Dallas highlighting the company's focus on improving its product mix to higher price products. "Masonite remains one of our...
-
Baird Says Pullback In American Woodmark Offers Entry Opportunity
Friday, June 3, 2016 - 1:26pm | 215Baird has upgraded American Woodmark Corporation (NASDAQ: AMWD) to Outperform, saying the 16 percent drop after the company's lower-than-expected earnings provides attractive entry point. Analyst Timothy Wojs noted that the company's structural margin opportunity remains intact, coupled...