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Stifel Nicolaus Upgrading Rofin-Sinar Technologies
Tuesday, July 26, 2011 - 7:25am | 116Stifel Nicolaus is out with a research report and is upgrading shares of Rofin-Sinar Technologies Inc. (NASDAQ: RSTI) from Hold to Buy and the price target goes to $41. In a note to clients, Stifel Nicolaus writes, "We are upgrading the stock from a HOLD to a BUY on an attractive relative...
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Stifel Nicolaus Upgrades RSTI To Buy, $41 PT
Tuesday, July 26, 2011 - 7:02am | 26Stifel Nicolaus has upgraded Rofin-Sinar Technologies (NASDAQ: RSTI) from Hold to Buy and has established a $41 price target.
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Jefferies Maintains Hold on Comverge
Tuesday, July 26, 2011 - 6:23am | 102Jefferies is out with its report today on Comverge (NASDAQ: COMV), maintaining Hold. In a note to clients, Jefferies writes, "After the close on July 25, COMV preannounced higher-than-expected revenue and a narrower loss for 2Q. This was partly due to the timing of $5.8M in PJM revenue which COMV...
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Piper Jaffray Lowers PT on Comverge To $4
Tuesday, July 26, 2011 - 6:05am | 26Piper Jaffray has lowered the price target on Comverge (NASDAQ: COMV) from $5 to $4 and maintains its Neutral rating.
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JP Morgan Raises PT On LoJack To $8
Tuesday, July 26, 2011 - 5:31am | 27JP Morgan has raised the price target on LoJack Corporation (NASDAQ: LOJN) from $7 to $8 and maintains its Neutral rating.
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Wunderlich Securities Reiterates Sell on Itron
Tuesday, July 26, 2011 - 3:03am | 46Wunderlich Securities reiterated its Sell rating on Itron (NASDAQ: ITRI). At the moment, the rating agency has a price target of $40 placed on the company's stock. On Monday, ITRI added 0.02% to its value to finish the day at $49.25.
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Raytheon Company Earnings Preview: Analysts Expect Rising Revenue, Falling EPS Over Previous Quarter
Monday, July 25, 2011 - 1:20pm | 579Raytheon Company (NYSE: RTN) announces its next round of earnings this Thursday, July 28, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of $1.16 per share and...
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Benchmark Gives Color on FLIR Systems After Lowered Outlook in FY11
Monday, July 25, 2011 - 8:31am | 178Benchmark has published a report on FLIR Systems (NASDAQ: FLIR) after a reduction in government spending. In the report, Benchmark wrote, "Weak Q2 from a 19% decrease in Government, excluding ICx Technologies. FLIR pre-announced revenue of $390 million and adjusted EPS of $0.35 last week, below...
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Benchmark Electronics: Overvalued and lacking moat ($BHE)
Monday, July 25, 2011 - 5:00am | 1647Benchmark Electronics, Inc. (NYSE: BHE) provides a full range of electronic manufacturing services to OEMs, and industrial end-users. The company is trading (as of 7/1) at $16.98, which is about the mid-point between the 52 week high and low, though a significant decline from the company's pre-...
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Corning Earnings Preview: Analysts Expect Flat EPS, Rising Revenue Over Previous Quarter
Friday, July 22, 2011 - 11:40am | 574Corning (NYSE: GLW) announces its next round of earnings this Wednesday, July 27, 2011. Here's Benzinga's essential guide to Corning's second quarter earnings report. Earnings and Revenue: Wall Street expects a EPS of 47 cents per share and revenues of $1.97 billion. Wall Street will be looking...
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FLIR Systems Lowers 2011 Revenue Guidance to $1.6-1.65B vs. $1.7-1.75B Prior
Friday, July 22, 2011 - 6:42am | 95FLIR Systems, Inc. (NASDAQ: FLIR) is reducing its outlook for revenue and earnings per share for the full year 2011. Management currently expects revenue for 2011 to be in the range of $1.6 billion to $1.65 billion and net earnings to be in the range of $1.33 to $1.38 per diluted share, or $1.50...
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Earnings Scheduled For July 22
Friday, July 22, 2011 - 3:34am | 353General Electric Co (NYSE: GE) is expected to report its Q2 EPS at $0.32 on revenue of $34.72 billion. Schlumberger NV (NYSE: SLB) is projected to report its Q2 EPS at $0.85 on revenue of $9.17 billion. Verizon Communications Inc (NYSE: VZ) is estimated to report its Q2 EPS at $0.55 on revenue of...
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UPDATE: J.P. Morgan Lowers PT on Amphenol to $56.50
Thursday, July 21, 2011 - 6:44am | 130J.P. Morgan is out with its report today on Amphenol (NYSE: APH), lowering its PT from $59.50 to $56.50. In a note to clients, J.P. Morgan writes, "We calculate Amphenol's average forward EV / EBITDA multiple has been 10.8x over the last five years. We recognize the current valuation gap is...
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Morning Market Movers
Wednesday, July 20, 2011 - 9:04am | 141Nalco Holding Company (NYSE: NLC) climbed 28.75% to $37.17 at 9:50 am. Ecolab Inc (NYSE: ECL) announced its plans to buy Nalco Holding for around $5.4 billion. TESSCO Technologies Inc (NASDAQ: TESS) shares gained 27.59% to $15.40. TESS reported its Q1 net income at $4.6 million, up from $2.1...
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Auriga Reiterates Buy and PT of $185 on Mettler-Toledo International
Wednesday, July 20, 2011 - 9:03am | 46Auriga reiterated its Buy rating on Mettler-Toledo International (NYSE: MTD). At the same time, the rating agency left its price target on the company's stock unchanged at $185. In today's trading, MTD added 0.14% to its value to trade around $162.97.