BMO

BMO Capital Markets upgraded the shares of Motorola Solutions Inc (NYSE: MSI), citing three key catalysts. The firm believes organic revenue growth, which was evading the company for several years, may finally return by the fourth quarter of 2016. Analyst Tim Long sees double-digit bottom-line...

BMO Capital Markets said it continues to believe that Buffalo Wild Wings (NASDAQ: BWLD)'s wing price inflation is nearing peak levels and that the outlook for wing prices remains favorable. Rising Wing Price Inflation Analyst Ryan Royce noted that wing prices remained inflationary this week, as it...

Following the release of clinical data from Celgene Corporation (NASDAQ: CELG)'s CELMoD pipeline, BMO Capital Markets said it believes near-term impact on the company's shares may be limited. However, the firm believes the pipeline optionality from 2020–2030 to be meaningful. The firm's lead...

Expectations from Costco Wholesale Corporation (NASDAQ: COST) have moderated, thus increasing confidence that the company will be able to weather the food deflation and post better-than-expected EPS for the fourth quarter. The company is scheduled to announce its results after the market closes on...

Football and wings go hand in hand. Now that the season is in full swing, wing prices have remained inflationary, increasing 9–10 percent above year-ago levels, to $1.65. According to BMO, "The acceleration in wing price inflation likely reflects strong seasonal demand ahead of the football...

Costco Wholesale Corporation (NASDAQ: COST) is less exposed to food deflation, which, according to BMO, is likely to remain a headwind for the sector in the second half of 2016 and possibly into the first half of 2017. "Despite food deflation pressure, we believe Costco is less exposed compared...

BMO is not expecting the strong performance of Prospect Capital Corporation (NASDAQ: PSEC) shares to continue, given the brokerage's outlook for flat NAV and rising inflation expectations. BMO, which maintains its Market Perform rating and $7 price target on the stock, said Prospect Capital was the...

BMO said the weak second-quarter results of Abercrombie & Fitch Co. (NYSE: ANF) on lower tourism spending are a positive for peer American Eagle Outfitters (NYSE: AEO). Abercrombie & Fitch reported worse-than-expected earnings driven by weak tourism spending, which was mostly concentrated...

BMO reiterated its Outperform rating and raised its price target by $2 to $43 on Markit Ltd (NASDAQ: INFO) after the management meetings suggested that the company could achieve its merger synergies earlier than expected. "While management reiterated its prior targets of $125 million in annualized...

BMO remains Market Perform rated on Pure Storage Inc (NYSE: PSTG) despite the company's solid quarter, as valuation keeps the brokerage on the sidelines. Pure Storage's second-quarter results topped expectations on revenue and operating margin. Driven by strong demand in flash storage market, the...

HP Inc (NYSE: HPQ) reported better headline results but issued weaker-than-expected guidance on continued printer woes, leading BMO to stick with its Market Perform rating on the stock. For the third quarter, revenue was $11.9 billion, higher than BMO/consensus estimates of $11.3 billion/$11.4...