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Shake Shack's Quarter Was Great, But Valuation Still Holding Back Buyers
Friday, November 6, 2015 - 10:25am | 293Read More...Shake Shack Inc (NYSE: SHAK) has seen an 11.18 percent increase in its share price since the low of $39.05 on February 17. Longbow’s Alton Stump has maintained a Neutral rating on the company. Although the company has reported “impressive” Q3 results, the Neutral rating...
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Here's How 'Ugly' Whole Foods' Quarter Really Was
Thursday, November 5, 2015 - 11:36am | 282Read More...Whole Foods Market, Inc. (NASDAQ: WFM) shares have declined 42.29 percent year-to-date, touching a low of $29.96 on October 30. Longbow’s Alton Stump has reiterated an Underperform rating on the company, while lowering the price target from $27 to $22. The company reported its 4Q15...
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Longbow Research Still Buying Ecolab
Tuesday, November 3, 2015 - 1:20pm | 345Read More...Ecolab Inc. (NYSE: ECL) reported in-line third-quarter financial results on Monday morning. Management lowered its guidance on FX and energy headwinds. Longbow Research analyst Dmitry Silversteyn reiterated a Buy rating and $135.00 price target on the stock, which was up more than 3.5...
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3 Restaurant Stocks Winning From Low Beef Costs Heading Into Next Year
Monday, November 2, 2015 - 10:03am | 439Read More...Alton Stump of Longbow Research commented in a note that beef costs have fallen over the last few quarters and bodes well for the restaurant sector heading into 2016. The analyst singled out Bloomin' Brands Inc (NASDAQ: BLMN), Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB), and Texas...
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Longbow Says It's Time For Doughnuts -- Krispy Kreme Stock Is A Buy
Wednesday, October 14, 2015 - 1:45pm | 365Read More...Longbow Research believes Krispy Kreme Doughnuts (NYSE: KKD) currently offers an attractive entry point. The firm believes Krispy Kreme will soon begin to ramp-up store expansions. Longbow estimates that Krispy Kreme could expand to more than 1,500 locations in the next decade. In a new report...
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Eagle Materials Catalysts Called 'Elusive' By This Street Research Firm
Friday, October 9, 2015 - 10:57am | 299Read More...The share price of Eagle Materials, Inc. (NYSE: EXP) has declined almost 13 percent in the last six months, hitting a low of $67.42 on September 29. Garik Shmois of Longbow Research has downgraded the rating from Buy to Neutral. The downgrade is based on the weakness in wallboard volumes...
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The Welding Market Is Getting Worse
Thursday, October 8, 2015 - 3:10pm | 427Read More...Longbow Research has downgraded Lincoln Electric Holdings, Inc. (NASDAQ: LECO) to Neutral. The firm sees weak U.S. manufacturing numbers and slumping commodity prices continuing to weigh on the welding industry at least through the end of 2016. Longbow still views Lincoln as “best in class,...
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Longbow Research Buying Matin Marietta On Pullback; Upgrades Stock
Friday, October 2, 2015 - 10:52am | 263Read More...Shares of Martin Marietta Materials, Inc. (NYSE: MLM) have risen almost 42 percent year-to-date, reaching a high of $176.51 on September 16. Garik Shmois of Longbow Research has upgraded the company to Buy, with a price target of $188. With the pullback in the stock from its recent highs...
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The Risks For Sherwin-Williams Are Real; Longbow Downgrades Stock
Wednesday, September 23, 2015 - 10:32am | 248Read More...Shares of Sherwin-Williams Co. (NYSE: SHW) have declined 18.14 percent in the last six months. Longbow’s Dmitry Silversteyn has downgraded the company from Buy to Neutral. Silversteyn believes that there is risk to the company’s 2Q15 results, as well as a possibility that the...
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Longbow Research Is Buying Into Sonic On 'Unique' Model
Monday, September 21, 2015 - 9:52am | 317Read More...Sonic Corporation (NASDAQ: SONC) shares are down 7 percent year-to-date, and have remained below the $35 mark since April. Longbow Research’s Alton Stump upgraded the rating on the company to Buy, with a price target of $34. Mentioning that the company has a differentiated model,...
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The Leader In Online Pizza Orders Still In The 'Early Innings' Of Mobile Tech
Wednesday, September 2, 2015 - 10:27am | 280Read More...Domino's Pizza, Inc. (NYSE: DPZ) has seen a 37.64 percent increase in its share price over the past year. Longbow’s Alton Stump has reiterated a Buy rating and price target of $135 on Domino’s Pizza. The company has reported accelerated same-store sales growth for the past...
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FMC Corp's Brazil And China Concerns Make It Worth Downgrading: Longbow
Friday, August 28, 2015 - 8:38am | 295Read More...FMC Corp (NYSE: FMC) shares have lost more than 26 percent year-to-date, declining steadily since mid-May. Longbow Research’s Dmitry Silversteyn downgraded the company from Buy to Neutral. Among other reasons for the downgrade, Silversteyn cited continuing sluggishness of Brazilian...
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3 Reasons Deere & Company Could Report Dismal Earnings Tomorrow
Thursday, August 20, 2015 - 4:13pm | 320Read More...Farm equipment manufacturer Deere & Company (NYSE: DE) have fallen more that 4 percent since Tuesday going into its earnings. The company is scheduled to report its third-quarter earnings on Friday before the market opening and analysts expect it to declare EPS of $1.44 on revenue of $7.27...
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Startups, Coming IPOs Are Threatening NetApp
Wednesday, August 19, 2015 - 8:03am | 296Read More...In a report published Wednesday, Longbow analyst Joe Wittine maintained a Neutral rating on NetApp, Inc. (NASDAQ: NTAP). CY2Q reseller surveys indicate that the company's fundamentals remain weak, implying that NetApp might have lost its brand equity. Fundamentals do not seem to be changing...
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In Case You Didn't Know, The Boating Industry Is Getting Stronger
Tuesday, August 18, 2015 - 9:10am | 227Read More...In a report published Tuesday, Longbow Research analyst David S Macgregor upgraded the rating on MarineMax Inc (NYSE: HZO) to Buy, with a price target of $24, citing improving fundamentals of the boating industry and the company's strong strategic positioning. Since February, MarineMax's shares...
