Rochdale Research

Dick Bove at Rochdale Securities has downgraded Goldman Sachs (NYSE: GS), and cut the price target to $120 from $163, as Bove believes that the Department of Justice will soon bring a suit against the New York-based investment bank, based on pressure from Capitol Hill. In the note Bove writes, "...

In light of Mattel's (NYSE: MAT) strong earnings release last week, Rochdale Research is reiterating their BUY rating on the stock. The firm has a $30 price target on MAT, up from $26. The company reported earnings per share of $0.07 versus a consensus that called for a loss of $0.07. The analyst...

Rochdale Research maintains its “buy” rating on Wal-Mart Stores Inc (NYSE: WMT). The target price for WMT is set for $65. Warren Buffett has doubled its holding in WMT from 19.1 million to 37.8 million. According to Rochdale Research, WMT has a competitive edge in purchasing advantages and...