-
Does Teva Pharmaceutical's New Executive Hint At A Coming M&A Deal?
Tuesday, March 24, 2015 - 10:17am | 216Read More...In a report published Monday, Citigroup analyst Liav Abraham hypothesized that Teva Pharmaceutical Industries Ltd (NYSE: TEVA) recent hire of Timothy Wright as Head of Business Development suggests that a "material, potentially transformative transaction is not off the table." Abraham noted that...
-
Barron's Recap: The 30 Best CEOs In The World
Sunday, March 22, 2015 - 5:09pm | 902Read More...This weekend in Barron's online: the 11th annual Barron's ranking of chief executive officers, a look back at the Great Society, as well as the prospects for Fortune Brands, Western Digital, PACCAR, Citizens Financial, Seacoast Banking, Citigroup and more. Cover Story "The World...
-
Citigroup Upgrades Cytec Industries To Buy
Thursday, March 19, 2015 - 9:17am | 54Read More...Analyst at Citigroup upgraded Cytec Industries Inc. (NYSE: CYT) from Neutral to Buy, according to sources. Cytec Industries shares have jumped 7.83% over the past 52 weeks, while the S&P 500 index has gained 12.15% in the same period. Cytec Industries shares gained 1.80% to $52.65 in pre-...
-
Citigroup Upgrades Janus Capital To Neutral
Thursday, March 19, 2015 - 9:14am | 51Read More...Citigroup upgraded Janus Capital Group, Inc. (NYSE: JNS) from Sell to Neutral, according to sources. Janus Capital shares have jumped 56.04% over the past 52 weeks, while the S&P 500 index has gained 12.15% in the same period. Janus Capital shares closed at $17.43 yesterday.
-
Citigroup: FXCM Worth Just $0.50 Per Share
Wednesday, March 18, 2015 - 8:55am | 185Read More...Citigroup took a "deep dive" into FXCM Inc (NYSE: FXCM) and slashed its price target from $0.75 to $0.50 per share. That's roughly an 80 percent decline from Tuesday's close of $2.45. The price target cut is the result of Citi's research into the company's asset sales...
-
Citigroup Initiates Carrols Restaurant Group With Buy
Tuesday, March 17, 2015 - 8:13am | 64Read More...Citigroup initiated coverage on Carrols Restaurant Group, Inc. (NASDAQ: TAST) with a Buy rating. The target price for Carrols Restaurant Group is set to $10. Carrols Restaurant Group shares have gained 0.63% over the past 52 weeks, while the S&P 500 index has surged 11.16% in the same period....
-
Citigroup Says A Restructuring At Windstream Can Create A 'Win-Win' For Shareholders
Thursday, March 12, 2015 - 12:37pm | 236Read More...In a report published Thursday, Citigroup analyst Michael Rollins said that Windstream Holdings, Inc.'s (NASDAQ: WIN) upcoming financial restructuring can support a higher valuation." Rollins stated that shares have underperformed due to a combination of disappointing sales, margin pressure and an...
-
Citigroup Expects Shares To Retrench For Waddell & Reed Financial
Thursday, March 12, 2015 - 10:24am | 117Read More...In a report published Thursday, Citigroup analyst William R. Katz reiterated a Sell rating and $39.00 price target on Waddell & Reed Financial, Inc. (NYSE: WDR). In the report, Citigroup noted, "We see four key issues emerging from February U.S. MF AUM/flow metrics (see also 3/11, February U.S...
-
Citigroup Upgrades NCI Building Systems To Buy
Thursday, March 12, 2015 - 8:29am | 66Read More...Analysts at Citigroup upgraded NCI Building Systems Inc. (NYSE: NCS) from Neutral to Buy. The price target for NCI Building Systems has been raised from $19.50 to $20. NCI Building Systems shares have surged 2.93% over the past 52 weeks, while the S&P 500 index has gained 10.50% in the same...
-
Citigroup Says Actavis Is Now Worth $360 Per Share (And It's A Buy)
Wednesday, March 11, 2015 - 9:10am | 227Read More...In a report published Tuesday, Citigroup analyst Liav Abraham commented on a recent meeting with Actavis plc's (NYSE: ACT) senior management team in London that increased his confidence in a "swift and successful" integration of Allergan, Inc. Abraham noted that key growth...
-
Citigroup Deep Dives Into Google, Says Company Is An 'Enigma'
Friday, March 6, 2015 - 10:33am | 394Read More...In a report published Friday, Citigroup analyst Mark May commented that Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) has become an "enigma" among investors as it "arguably remains among the most important companies." May offered a "deep dive" analysis into six key...
-
Citigroup Says 'Go Long Pickups,' Prefers General Motors Over Ford
Wednesday, March 4, 2015 - 11:31am | 272Read More...In a report published Tuesday, Citigroup analyst Itay Michaeli commented on General Motors Company's (NYSE: GM) U.S. February sales data. According to Michaeli, General Motors' below consensus February sales were due to a weather-related slowdown. On the other hand, the sales report did...
-
Here's How T-Mobile's 'Emerging Catalysts' Led To An Upgrade At Citigroup
Thursday, February 26, 2015 - 12:07pm | 216Read More...In a report published Wednesday, Citigroup analyst Michael Rollins detailed his meeting with T-Mobile US Inc (NYSE: TMUS) management team, including its Chief Financial Officer Braxton Carter and Executive Vice President of Corporate Strategy Peter Ewens. "We believe T-Mobile is retaining favorable...
-
Salesforce Soaring Following Earnings; Wall Street Reacts
Thursday, February 26, 2015 - 11:44am | 542Read More...Salesforce.com, inc. (NYSE: CRM) reported fourth-quarter earnings that were well received by Wall Street. The global cloud computing company reported revenue of $1.44 billion and EPS of $0.14, both were in line with consensus estimates. Shares traded recently at $69.77, up 11 percent. Here is...
-
Why Is JP Morgan Being Called An 'Impressive Story'?
Thursday, February 26, 2015 - 10:39am | 274Read More...In a report published Wednesday, Citigroup analyst Keith Horowitz wrote that JPMorgan Chase & Co. (NYSE: JPM) is an "impressive story" and "cheap stock." Commenting after JP Morgan's Analyst Day, Horowitz noted that JP Morgan's discounted valuation represents...




