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The Best Price To Buy CSX May Be In The Low-$20s
Wednesday, October 19, 2016 - 10:38am | 396Walt Liptak of Seaport Global initiated coverage of CSX Corporation (NASDAQ: CSX) with a Neutral rating and $31 price target, which represents a 16x multiple to his 2017 earnings per share estimate of $1.95 per share. Liptak noted that from a historical perspective, the stock has traded at an...
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Seaport Global Ups Illinois Tool Works To $125 Target
Thursday, April 21, 2016 - 9:41am | 261Illinois Tool Works Inc. (NYSE: ITW) reported its 1Q results ahead of expectations. Seaport Global’s Walt Liptak maintained a Buy rating for the company, while raising the price target from $105 to $125. The analyst expressed optimism regarding the company’s margin expansion potential...
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Global Hunter Upgrades Federal Signal, Sees Improving Municipal Markets
Tuesday, January 20, 2015 - 1:52pm | 202Global Hunter Securities upgraded Federal Signal Corporation (NYSE: FSS) Tuesday from Neutral to Buy and raised its price target from $16 to $18. Analyst Walt Liptak’s “investment thesis is that the FSS turnaround should continue in 2015-2016 as the company continues to utilize the...