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Cramer: What I Think Of Apple's Ecosystem
Monday, April 4, 2016 - 2:07pm | 207Read More...Apple Inc. (NASDAQ: AAPL) is up roughly 1.5 percent, trading at $111.62. Jim Cramer spoke on CNBC's "Stop Trading" segment, explaining why he is keeping a close eye on Apple. "Apple. This morning, Credit Suisse adds to its focus list. Talking about the service revenues...
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Meet Joe Wittine, The Analyst Buying Fitbit Now
Thursday, March 31, 2016 - 12:14pm | 481Read More...Fitbit Inc (NYSE: FIT) may be down over 50 percent for the year-to-date period and the last 12 months, but a rally could be forthcoming. At least, that's what one Longbow Research analyst believes. Analyst Joe Wittine has initiated coverage of Fitbit on the last day of 2016 Q1, citing there...
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Cowen, Longbow Both Upgrade Apple: What To Know
Wednesday, March 30, 2016 - 11:07am | 268Read More...Apple Inc. (NASDAQ: AAPL) investors are cheering a pair of new upgrades as both Cowen and Longbow believe the worst of Apple’s pullback is now in the past. MarketWatch reports that Cowen analyst Timothy Arcuri upgraded Apple from Market Perform to Outperform and raised its price target...
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2 Restaurant Stocks Better Off Than McDonald's
Friday, March 18, 2016 - 11:40am | 701Read More...McDonald's Corporation (NYSE: MCD) has dominated the restaurant space news for quite some time, with positive past performances, its highly successful All-Day Breakfast campaign and expert sentiment that the stock is likely to continue its positive run. However, McDonald's isn't the only strong...
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Sherwin-Williams May Set Records This Year
Wednesday, March 16, 2016 - 10:58am | 281Read More...Longbow’s Dmitry Silversteyn upgraded the rating on Sherwin-Williams Co (NYSE: SHW) from Neutral to Buy, with a price target of $340. Paint Market Returns To Growth Longbow’s research suggests that the North American paint market saw solid growth in 1Q16, with contacts indicating...
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Longbow Favors Tempur Sealy Among Mattress Stocks
Tuesday, March 15, 2016 - 2:16pm | 304Read More...Longbow Research has initiated coverage on top mattress stocks Tempur Sealy International Inc (NYSE: TPX), Mattress Firm Holding Corp (NASDAQ: MFRM) and Select Comfort Corp. (NASDAQ: SCSS). According to analyst Mark Rupe, Tempur Sealy is the clear winner of the group. “We believe that the...
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MRC Global Has No Recovery In Sight, Longbow Analyst Throws In Towel Amid Downgrade
Thursday, February 25, 2016 - 11:05am | 242Read More...Longbow's Chris Dankert downgraded the rating on MRC Global Inc (NYSE: MRC) from Buy to Neutral. "While understanding the shares are off 30 percent since mid-CY15 and our ratings change is reactionary to sharply lower oil & gas prices and the relentless onslaught of capex...
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Longbow Hikes Whole Foods Rating, Says Comps Not Down As Much As Expected
Friday, February 5, 2016 - 11:08am | 333Read More...On Friday, Longbow Research issued a company update on Whole Foods Market, Inc. (NASDAQ: WFM) after an analyst survey indicated the company's comparable sales decreased between 1 and 2 percent, which was a lower decline than expected. Analysts at Longbow upgraded Whole Foods to Neutral; a price...
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Watch Out Below? Longbow Analysts Downgrade United Rentals Two Weeks After Upgrading It
Friday, January 29, 2016 - 11:59am | 279Read More...The share price of United Rentals, Inc. (NYSE: URI) has declined 45.9 percent over the past year, to a low of $45.58 on Thursday. Longbow’s Neil Frohnapple has downgraded the rating on the company from Buy to Neutral. The downgrade is based on the lower-than-anticipated rental rate...
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Dealers Expect Cummins To Lose More Market Share This Year, New Data Shows
Monday, January 25, 2016 - 11:43am | 286Read More...Shares of Cummins Inc (NYSE: CMI) have been steadily declining in the past one year and are down 41 percent. Longbrow Research’s Neil Frohnapple maintained a Neutral rating on the company. Frohnapple expects Cummins to continue losing market share due to vertical integration from...
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Chipotle's E. Coli Fallout Hurts It More Than Any Other Publicly-Traded Restaurant, Analyst Warns
Thursday, January 21, 2016 - 10:20am | 283Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) shares have lost 31 percent in six months. Longbow Research’s Alton Stump maintained a Neutral rating for the company. The company could generate lower EPS than consensus projections due to lower comps and higher spending, Stump stated....
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Why Did Longbow Just Upgrade A. Schulman?
Wednesday, January 6, 2016 - 2:48pm | 305Read More...Improving macro conditions in EMEA and a resilient USCAN may be the key drivers for organic sales growth and better margin expansion for A Schulman Inc (NASDAQ: SHLM) investors, as equities researchers at Longbow Research commented on Wednesday that the firm upgraded the stock to Buy from Neutral....
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US Stock Futures Edge Higher Ahead Of Jobless Claims Report
Thursday, November 19, 2015 - 9:06am | 426Read More...Pre-open movers US stock futures traded higher in early pre-market trade. Data on weekly jobless claims will be released at 8:30 a.m. ET, while leading indicators index for October will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average surged 8 points to 17,697.0, while...
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Home Depot Sales Could Be Better Than Originally Thought, New Channel Checks Show
Monday, November 16, 2015 - 1:37pm | 400Read More...Shares of Home Depot Inc (NYSE: HD) have gained more than 20 percent over the past year on strong sales growth. David MacGregor of Longbow Research stated that his channel checks suggest Home Depot will report a 4.9 percent comparable-store sales growth in the third quarter, outpacing the 4....
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Longbow Research Downgrades Popeyes, Believes Sales Growth Is Below Expectations
Tuesday, November 10, 2015 - 10:10am | 320Read More...The share price of Popeyes Louisiana Kitchen Inc (NASDAQ: PLKI) has declined 11.11 percent over the last three months, touching a low of $52.12 on November 5. Longbow’s Alton Stump has downgraded the rating on the company to Neutral. Latest checks suggest that system-wide same-store...
