Evercore

Evercore is out with its report today on Cablevision Systems (NYSE: CVC), lowering its PT to $21 from $25. In its report, Evercore writes, "We lowered our DCF-based price target to $21, from $25, to reflect our lower earnings and FCF forecast. This represents 23% upside to the current market price...

Evercore is out with its report today on M&T Bank (NYSE: MTB), maintaining Equal-weight. In a note to clients, Evercore writes, "We are increasing our 2011 EPS est to $6.58 from $6.19, and 2012 to $7.47 from $7.43 reflecting 2Q upside and slightly higher non-II. Our 2011 est includes a $0.09...

Evercore is out with its report today on Zions Bancorporation (NASDAQ: ZION), maintaining Overweight. In a note to clients, Evercore writes, "We are raising our 2011 EPS est to $0.61 from $0.40, and 2012 to $1.80 from $1.78 to reflect 2Q11 upside, lower LLP, and slightly higher NII; establishing...

Evercore is out with its report today on Copa Holdings (NYSE: CPA), raising its PT from $72 to $74. In a note to clients, Evercore writes, "CPA shares currently trade at 11x and 9x P/E on our 2011 and 2012 estimates, respectively, vs. a historical forward multiple of ~10x. We are raising our price...

Evercore is out with its report today on Google (NASDAQ: GOOG), upgrading GOOG from Equal-Weight to Overweight. In a note to clients, Evercore writes, "We are raising our rating from Equal-weight to Overweight on a more favorable view of Google's long-term prospects in Social, Local and Display,...

Evercore is out with its report today on United Continental (NYSE: UAL), upgrading UAL from Equal-weight to Overweight. In a note to clients, Evercore writes, "Our rating on UAL shares is raised to Overweight from Equal-Weight. We believe the stock, which was off 9% on Friday, overreacted to...

Evercore is out with its report today on Republic Airways (NASDAQ: RJET), upgrading RJET from Equal-weight to Overweight. In a note to clients, Evercore writes, "Our rating on Republic Airways Holdings is raised to Overweight from Equal-Weight and our target is increased to $9.00 based on 10x our...