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Pier 1 Imports, Inc. (PIR) Upgraded To An Outperform Rating
Friday, February 12, 2010 - 4:06pm | 131Analyst Brian Nagel at Oppenheimer (NYSE: OPY) has upgraded Pier 1 Imports, Inc. (NYSE: PIR) from a Perform to an Outperform rating. Oppenheimer has raised the price target for Pier 1 Imports, Inc. from $3.50 to $9. The new price target implies an upside potential of 60% from current levels....
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Financial Services Industry Update (JPM, AXP, COF, DFS, BAC)
Friday, February 12, 2010 - 4:02pm | 318Analysts at Ladenburg Thalman (AMEX: LTS) have released an update on the Financial Services industry, previewing the monthly credit card statistics for January. The credit card statistics for January are expected to be reported on February 16. Analysts expect higher delinquencies, and higher net...
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SCHW’s New Client Assets Less Than Expected So Far This Month
Friday, February 12, 2010 - 2:53pm | 177Analysts at FBR Capital Markets reiterate their "market perform" rating on Charles Schwab Corporation (NASDAQ: SCHW), while raising their estimates for the company. The target price for SCHW is set to $16. According to FBR Capital Markets, SCHW’s client metrics for January reflected 75,000 net new...
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Marriott International, Inc. (MAR) Price Target Raised
Friday, February 12, 2010 - 1:49pm | 119Analyst C. Patrick Scholes at FBR Capital Markets (NASDAQ: FBCM) has raised the price target for Marriott International, Inc. (NYSE: MAR) from $26 to $28. The price target has been raised after the company announced results for the fourth-quarter. FBR Capital Markets has also raised the EPS...
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Marvell Technology Group Ltd. (MRVL) Price Target Raised
Friday, February 12, 2010 - 1:47pm | 146Analyst Craig Berger at FBR Capital Markets (NASDAQ: FBCM) has raised the price target for Marvell Technology Group Ltd. (NASDAQ: MRVL) from $24 to $25. The company is scheduled to report fourth-quarter results on February 17, 2010. The company is expected to post better-than-expected results for...
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Zions Bancorporation (ZION) Maintains An Outperform Rating
Friday, February 12, 2010 - 1:45pm | 154Analyst David Rochester at FBR Capital Markets (NASDAQ: FBCM) has maintained an Outperform rating for Zions Bancorporation (NASDAQ: ZION). FBR expects the company to return to profitability in the first-half of 2011, which should drive the shares of the company higher next year. In the long term...
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Delphi Financial Group, Inc. (DFG) Reports Fourth-Quarter Results
Friday, February 12, 2010 - 1:42pm | 158Analyst Randy Binner at FBR Capital Markets (NASDAQ: FBCM) has released an update on Delphi Financial Group, Inc. (NYSE: DFG). The company has reported results for the fourth-quarter. Delphi reported operating EPS of $0.86 for the fourth-quarter, which came in slightly below FBR’s estimate of $0....
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McAfee, Inc. (MFE) Maintains An Outperform Rating
Friday, February 12, 2010 - 1:39pm | 144Analyst Daniel H. Ives at FBR Capital Markets (NASDAQ: FBCM) has maintained an Outperform rating for McAfee, Inc. (NYSE: MFE). The company reported another solid quarter yesterday. According to FBR, the best news to come out of the quarter results was the cash flow number, which beat the consensus...
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The Allstate Corporation (ALL) Added To Top Picks List
Friday, February 12, 2010 - 1:27pm | 132Analyst Bijan Moazami at FBR Capital Markets (NASDAQ: FBCM) has added The Allstate Corporation (NYSE: ALL) to the FBR Top Picks list. The company replaces Tower Group, Inc. (NASDAQ: TWGP) in the list. According to FBR, Allstate’s solid result for the fourth-quarter is an indicator of the company’s...
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Goldman Sachs (GS) To Manage $10bn-Plus AIA IPO
Friday, February 12, 2010 - 1:07pm | 144According to a report by the Financial Times, Goldman Sachs (NYSE: GS) is one of seven banks that has been selected as a book runner for the initial public offering of AIA, AIG’s (NYSE: AIG) Asian life insurance division, in spite of the political controversy over Goldman’s actions during the...
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Chipotle Mexican Grill (CMG) Shares Upgraded, Price Target Raised
Friday, February 12, 2010 - 11:32am | 71Jesup & Lamont (AMEX: JLI) upgraded its rating of Chipotle Mexican Grill, Inc. (NYSE: CMG) from Sell to Hold and increased its price target from $81 to $96. Chipotle Mexican Grill operates Mexican food restaurants throughout the United States. Chipotle Mexican Grill's 52 week range is $47.89 to...
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TRAD Misses Q4 Marginally, Announces Below Consensus Guidance
Friday, February 12, 2010 - 10:37am | 159Analysts at BMO Capital Markets maintain their "market perform" rating on TradeStation Group (NASDAQ: TRAD), while reducing their estimates for the company. The target price for TRAD has been reduced to $7. According to BMO Capital Markets, TradeStation has reported its Q4 EPS marginally short of...
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Masco Corporation’s (MAS) Fourth-Quarter Review
Thursday, February 11, 2010 - 5:41pm | 95Analysts at Raymond James (NYSE: RJF) have released an update on Masco Corporation (NYSE; MAS). The company has reported results for the fourth-quarter. The company reported GAAP loss per share of $0.49 for the quarter. Excluding impairment charges of $0.51 per share, and profit improvement...
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Sandler O'Neill Analysts Concerned About TradeStation (TRAD)
Thursday, February 11, 2010 - 3:45pm | 115TradeStation Group, Inc. (Nasdaq: TRAD) is trading lower today after issuing a weaker outlook and analyst concerns. Its shares have taken some abuse today by trading at $6.51 per share, or down -9.46%. Analysts at Sandler O'Neill are concerned about lower subscription fees because this is a...
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Sierra Wireless, Inc.’s (SWIR) Fourth-Quarter Review
Thursday, February 11, 2010 - 3:11pm | 137Cowen and Company (NASDAQ: COWN) has released an update on Sierra Wireless, Inc. (NASDAQ: SWIR). The company has reported weaker-than-expected results for the fourth-quarter. The company reported revenue of $144 million, an increase of 6% over the previous quarter. The company saw an increase of...