Ken Hoexter

In a report published Thursday, Bank of America analyst Ken Hoexter downgraded the rating on TAL International (NYSE: TAL) from Neutral to Underperform, and lowered the price target from $47.00 to $45.00. In the report, Bank of America noted, “TAL reported normalized 2Q14 EPS of $0.95, down 11%...

In a report published Wednesday, Bank of America analyst Ken Hoexter reiterated a Buy rating on CSX (NYSE: CSX), and raised the price target from $36.00 to $37.00. In the report, Bank of America noted, “CSX posted normalized 2Q14 EPS of $0.54, above our $0.53 and Street's $0.52 estimate. We believe...

In a note released Wednesday, Bank of America analyst Ken Hoexter raised price objectives across the board on the railroad sector and provided his revised EPS estimates. Hoexter noted that the group is trading at an average of 15.8x his 2015 EPS estimates, which is at the high end of its...

In a report published Thursday, Bank of America analyst Ken Hoexter reiterated a Buy rating on The Greenbrier Companies (NYSE: GBX), and raised the price target from $63.00 to $65.00. In the report, Bank of America noted, “We are increasing our price objective to $65 from $63, but lower our target...

In a report published Monday, Bank of America analyst Ken Hoexter reiterated a Buy rating on Norfolk Southern (NYSE: NSC), and raised the price target from $103.00 to $113.00. In the report, Bank of America noted, “NS has significant pent up volume demand, particularly in Intermodal, where it has...

In a report published Thursday, Bank of America analyst Ken Hoexter reiterated a Buy rating on Swift Transportation (NYSE: SWFT), and raised the price target from $30.00 to $31.00. In the report, Bank of America noted, “Swift launched a bid to refinance $1.09 billion of its $1.53 billion debt...

In a report published Friday, Bank of America analyst Ken Hoexter upgraded the rating on Kansas City Southern (NYSE: KSU) from Neutral to Buy, and reiterated the $113.00 price target. In the report, Bank of America noted, “KCS enjoys industry leading volume growth given its exposure to the rapidly...

In a report published Wednesday, Bank of America analyst Ken Hoexter reiterated a Buy rating on CSX (NYSE: CSX), and raised the price target from $32.00 to $33.00. In the report, Bank of America noted, “CSX posted solid results despite the weather, and has experienced a robust start to 2Q14, as...

In a report published Thursday, Bank of America analyst Ken Hoexter downgraded the rating on J.B. Hunt Transport Services (NASDAQ: JBHT) from Buy to Neutral, and lowered the price target from $85.00 to $78.00. In the report, Bank of America noted, “JBHT remains one of the premier transport...

In a report published Tuesday, Bank of America analyst Ken Hoexter reiterated a Buy rating on Kirby (NYSE: KEX), and raised the price target from $109.00 to $115.00. In the report, Bank of America noted, “Kirby is adding 29 barge production slots, 18 from an independent competitor which had...

In a report published Friday, Bank of America analyst Ken Hoexter reiterated a Buy rating on Quality Distribution (NASDAQ: QLTY), and raised the price target from $13.00 to $16.00. In the report, Bank of America noted, “We are increasing our price objective on Quality Distribution 23%, to $16 from...

In a report published Friday, Bank of America analyst Ken Hoexter reiterated a Buy rating on CSX (NYSE: CSX), and raised the price target from $29.00 to $32.00. In the report, Bank of America noted, “We believe CSX is primed to be one of the best positioned transport stocks into 2014 as low...

In a report published Thursday, Bank of America analyst Ken Hoexter reiterated a Buy rating on Arkansas Best (NASDAQ: ABFS), and raised the price target from $37.00 to $43.00. In the report, Bank of America noted, “We are increasing our 4Q13, 2014 and 2015 EPS estimates 41%, 13%, and 14%, to $0.22...

In a report published Monday, Bank of America Merrill Lynch analyst Ken Hoexter raised the price target 16% on FedEx Corporation (NYSE: FDX) from $140 to $162. FedEx reported that December 2nd would be a peak day with 22 million shipments globally, up 11% year-over-year. The company expects a 13...

In a report published Friday, Bank of America analyst Ken Hoexter upgraded the rating on Greenbrier Companies (NYSE: GBX) from Underperform to Buy, and raised the price target from $20.00 to $34.00. In the report, Bank of America noted, “Greenbrier posted 4Q EPS of $0.69, above our $0.52 and the...