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Citi Upgrades Vale, Positive On Free Cash Flow And Seasonal Iron Ore Demand
Tuesday, November 1, 2016 - 9:16am | 305Read More...Vale SA (ADR) (NYSE: VALE) faces seasonal tailwinds in the near term and would likely be FCF positive in 2017, Citi’s Alexander Hacking said in a report. He upgraded shares from Sell to Neutral, while raising the price target from $4.40 to $7.30. “We downgraded Vale to Sell in 2014...
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Analysts Remain Bullish On Gridsum Holding
Tuesday, October 18, 2016 - 2:44pm | 294Read More...Gridsum Holding Inc – ADR (NASDAQ: GSUM), a sophisticated data analysis software provider, is trading more than 15 percent from the IPO price consistently. The China-based company came out with an IPO of 6.7 million shares at a price of $13.00 a share in September. The stock opened with a gain of...
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More Analysts Neutral On Valvoline As Shares Down From Post-IPO Highs
Tuesday, October 18, 2016 - 2:06pm | 291Read More...Valvoline Inc (NYSE: VVV) celebrated its debut into the public market with its IPO late September of this year. Since then, the stock has traded between $22.60 and $24.51, lower by 0.6 percent since debut. Currently, the stock is down more than 6 percent from the high. For those brokerages covering...
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A Peek Into The Markets: U.S. Stock Futures Flat Ahead Of Economic Data
Monday, October 3, 2016 - 7:55am | 491Read More...Pre-open movers U.S. stock futures traded mostly flat in early pre-market trade. Data on motor vehicle sales for September will be released today. The Markit manufacturing PMI data for September is scheduled for release at 9:45 a.m. ET, while the ISM manufacturing index for September...
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Investors Have Placed Their Bets Ahead Of Costco's Q4 Earnings: Stock Down 10% Over Last Month
Thursday, September 29, 2016 - 2:19pm | 448Read More...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...
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Citigroup Upgrades SeaWorld To Buy Citing Favorable Valuation Following Share Price Collapse
Thursday, September 22, 2016 - 7:58am | 324Read More...SeaWorld Entertainment Inc’s (NYSE: SEAS) performance has been hit both by competitive pressure and adverse publicity. Citing some reasons for taking “a more positive stance on the shares,” Citigroup’s Jason B Bazinet upgraded the stock from Neutral to Buy, maintaining the...
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Who Made Money On Today's Trade Desk IPO?
Wednesday, September 21, 2016 - 4:18pm | 541Read More...Trade Desk Inc. (NASDAQ: TTD) rekindled interest in its IPO when it opened with a big bang on Wednesday. No one would have expected the kind of opening that the IPO witnessed when it commenced trading 60 percent higher on the exchange. On Monday night, the company lifted its price range from $14...
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Sasol A Buy At Citigroup On Belated Bearish Market Sentiment, Priced-In Downside
Wednesday, September 14, 2016 - 10:14am | 378Read More...Citi Research upgraded Sasol Limited (ADR) (NYSE: SSL) shares from Neutral to Buy citing valuation following the 25 percent drop in the stock price after June on the back of capital overruns at the LCCP. The comments come a day after the company disclosed record production volume at Secunda...
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A Peek Into The Markets: U.S. Stock Futures Edge Higher Ahead Of Import-Price Report
Wednesday, September 14, 2016 - 7:24am | 378Read More...Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on import and export prices for August will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average rose 14 points to 18,023.00, while the Standard & Poor’s 500 index futures...
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Peer Pressure: Who's Left In Teen Retail?
Thursday, September 1, 2016 - 1:56pm | 370Read More...Abercrombie & Fitch Co. (NYSE: ANF) continued its post-earnings slide on Thursday morning, falling another 1.6 percent. The stock is now down 24.1 percent after reporting a loss of $0.25 per share on revenue of $783.1 million, well short of consensus estimates of -$0.02 and $787.7 million. The...
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Citigroup Resumes Coverage On Broadcom, Positive On Business Diversity
Tuesday, August 30, 2016 - 8:03am | 300Read More...While mentioning that Broadcom Ltd (NASDAQ: AVGO) had a diverse portfolio of good businesses, Citigroup’s Christopher Danely said in a report that the company’s core business had strength and that multiples would expand as debt declined. The analyst resumed coverage of Broadcom with a...
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Mixed Feelings From Analysts On First Hawaiian
Monday, August 29, 2016 - 2:46pm | 304Read More...More than two weeks after First Hawaiian Inc (NASDAQ: FHB) completed its 24.25 million IPO, which was priced at $23.00 a share, various brokerages have shared their mixed opinions toward the bank. Interestingly, at least seven brokerages have commented on and rated the company. The average price...
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Barron's Picks And Pans: Volatility Funds, Facebook, Atlanta Braves And More
Saturday, August 20, 2016 - 5:32pm | 634Read More...This weekend's Barron's takes a look at an alternative investment in volatility. The prospects for a social media giant and a struggling sports franchise are also examined. Another featured article offers a peek at what some big name investors have been buying and selling lately. "Capstone Bases...
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Citigroup Assumes Buy Coverage On Plains All American LP, Positive Outlook On Co Deleveraging
Tuesday, August 16, 2016 - 11:20am | 304Read More...With deleveraging underway, a number of issues are likely to be resolved at both Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings LP (NYSE: PAGP), Citigroup’s Faisel Khan said in a report. He resumed coverage of both with Buy ratings. The price target for Plains All...
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Citigroup Upgrades James Hardie Industries To Neutral, Says 'Quality Name Priced For Earnings Growth'
Monday, August 15, 2016 - 9:26am | 319Read More...Citigroup has upgraded James Hardie Industries plc (ADR) (NYSE: JHX) to Neutral from Sell, saying the double-digit EPS growth in FY17–18 looks achievable. James Hardie remains "a quality company leveraged to US single housing with starts still 25 percent below mid-cycle levels." The brokerage...













