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Deutsche Bank Reiterates Buy on Monsanto, Raises PT to $80
Thursday, June 30, 2011 - 7:55am | 55Deutsche Bank reiterated its Buy rating on Monsanto (NYSE: MON). At the same time, the rating agency raised its price target on the company's stock from $78 to $80. On Wednesday, Monsanto closed the day at $70.26. Its shares lost some of their value in today's pre-market trading, sliding 0.54% to $...
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Morgan Stanley Reiterates Overweight and PT of $77 on Monsanto
Thursday, June 30, 2011 - 7:52am | 50Morgan Stanley reiterated its Overweight rating on Monsanto (NYSE: MON). At the same time, Morgan Stanley left its price target unchanged at $77. On Wednesday, Monsanto closed the day at $70.26. Its shares lost some of their value in today's pre-market trading, sliding 0.54% to $69.88.
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UPDATE: JP Morgan Color on Monsanto PT Increase
Thursday, June 30, 2011 - 7:00am | 145JP Morgan, which raised its PT on shares of Monsanto Co. (NYSE: MON), is providing some color on the stock. “Monsanto is rebounding,” JP Morgan writes. “Operating profits in Seeds and Genomics should rise by more than 10% in F2011. The company improved soybean returns materially and upgraded its...
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UPDATE: Jefferies Raises PT on Monsanto to $74
Thursday, June 30, 2011 - 6:53am | 101Jefferies is out with its report today on Monsanto (NYSE: MON), raising its PT from $73 to $74. In a note to clients, Jefferies writes, "Q3 EPS of $1.26 was $0.16 above consensus and $0.11 above our estimate on lower taxes, glyphosate and other items, while corn and soy netted slightly below our...
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Citi Has Buy Rating On Monsanto After Earnings
Thursday, June 30, 2011 - 6:39am | 179Citi Investment Research has a Buy rating and a $82 price target on shares of Monsanto (NYSE: MON) after the company reported earnings yesterday. In a note to clients, Citi writes, "MON management seems to have turned the company around as its new value sharing strategy with growers and solid...
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UPDATE: Bank of America Merrill Lynch Raises PO on Monsanto to $80
Thursday, June 30, 2011 - 6:25am | 82Bank of America Merrill Lynch is out with its report today on Monsanto (NYSE: MON), raising its PO from $76 to $80. In a note to clients, Bank of America Merrill Lynch writes, "We raise our EPS estimates by $0.10 in FY2011 and FY2012 to $2.90E and $3.35E respectively with a consequent increase in...
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Deutsche Bank Raises PT on Monsanto To $80
Thursday, June 30, 2011 - 6:13am | 26Deutsche Bank has raised the price target on Monsanto (NYSE: MON) from $78 to $80 and maintains its Buy rating.
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Bank of America Raises PO On Monsanto To $80
Thursday, June 30, 2011 - 5:41am | 27Bank of America has raised the price objective on Monsanto (NYSE: MON) from $76 to $80 and maintains its Neutral rating.
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JP Morgan Raises PT On Monsanto To $70
Thursday, June 30, 2011 - 5:26am | 27JP Morgan has raised the price target on Monsanto Company (NYSE: MON) from $65 to $70 and maintains its Neutral rating.
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Jefferies Changes PT On MON, OMN, PMTC, QLIK
Thursday, June 30, 2011 - 5:11am | 68Jefferies has changed the price targets on the following companies: Monsanto (NYSE: MON) Hold, From $73.00 to $74.00 OMNOVA (NYSE: OMN) Buy, From $11.00 to $10.00 Parametric Technology (NASDAQ: PMTC) Buy, From $28.00 to $27.00 Qlik Technologies (NASDAQ: QLIK) Buy, From $34.00 to $39.00
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Credit Suisse Changes PT On KFT, MON
Thursday, June 30, 2011 - 5:02am | 43Credit Suisse has changed the price targets on the following companies: Kraft Foods (NYSE: KFT) Outperform, PT from $37 to $39 Monsanto Company (NYSE: MON) Neutral, PT from $67 to $68
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Water Balloon Toss 06-29-2011
Wednesday, June 29, 2011 - 5:58pm | 994Cusick's Corner Today's action was like watching a fast paced water balloon toss competition (a great Fourth of July game). There will be quite a bit of data released over the next 12 hours that has the potential to add some volatility and the most notable releases are manufacturing data out of...
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Rally Extended 06-29-2011
Wednesday, June 29, 2011 - 2:31pm | 936Cusick's Corner Today's snapshot: Greeks respond to austerity measures, BAC settles and bonds tumble. The Finance sector had the largest lift into the midday, thanks to more clarity from Bank of America concerning fallout from the mortgage and CDS markets which additionally helps estimate the...
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Rally Extended 06-29-2011
Wednesday, June 29, 2011 - 2:31pm | 936Cusick's Corner Today's snapshot: Greeks respond to austerity measures, BAC settles and bonds tumble. The Finance sector had the largest lift into the midday, thanks to more clarity from Bank of America concerning fallout from the mortgage and CDS markets which additionally helps estimate the...
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Monsanto Up Over 4% on Strong Earnings and Guidance
Wednesday, June 29, 2011 - 9:43am | 61Monsanto (NYSE: MON) is up over 4% on the strong earnings and guidance that the company announced earlier today. Monsanto reported EPS of $1.26 vs. $1.11 estimate and revenues $3.59B vs. $3.38B estimate. The FY 2011 EPS guidance is $2.84-$2.88 vs. $2.82 estimate. The company had seen EPS of $2.72-$...