-
Newfield Exploration, Parsley Energy, WPX Energy Upgraded At Seaport Global
Wednesday, May 23, 2018 - 4:17pm | 389Read More...The overall sentiment within the Exploration & Production sector has changed for the better as a 50-percent spike in oil prices since last June has been matched with flat performance for the E&P group, according to Seaport Global. The Analyst Seaport Global's Mike Kelly and team made...
-
Seaport Global On Energy: Focus On Simple Companies
Monday, April 9, 2018 - 4:20pm | 691Read More...Master limited partnership companies are facing multiple "existential issues," so investors should look for exposure to companies with simple structures, according to Seaport Global Securities. The Analyst Seaport Global's Bernie Colson and Ryan Amberger. The Thesis MLP...
-
BWX Technologies' Navy Orders, 'Underappreciated' Radioisotope Market Underpin This Bull Thesis
Wednesday, January 10, 2018 - 1:53pm | 378Read More...Power generation company BWX Technologies Inc (NYSE: BWXT) was accorded the top notch rating by an analyst at Seaport Global, as he sees a path to well over $100 for the shares of the company. The Analyst Seaport Global analyst Josh Sullivan initiated coverage of BWX Technologies with a Buy...
-
Which Companies Are Poised To Win From Melting Of Arctic Circle?
Sunday, May 14, 2017 - 1:25pm | 589Read More...For polar bears and conservationists, the Arctic Circle’s clearing is a source of lamentation, but for those involved in bulk transportation, it may be cause for celebration. As obstructive ice melts, shipping routes open, which in some cases provide more direct paths between destinations,...
-
Kansas City Southern Helping Rails Regain Their Mojo
Wednesday, October 19, 2016 - 1:13pm | 474Read More...Mark Levin of Seaport Global has begun coverage of Kansas City Southern (NYSE: KSU) with an Accumulate rating and target price of $104 on expected volume growth in the fourth quarter and first half of 2017, while noting that shares are attractive at current levels. Good Times Ahead The analyst also...
-
The Best Price To Buy CSX May Be In The Low-$20s
Wednesday, October 19, 2016 - 10:38am | 396Read More...Walt Liptak of Seaport Global initiated coverage of CSX Corporation (NASDAQ: CSX) with a Neutral rating and $31 price target, which represents a 16x multiple to his 2017 earnings per share estimate of $1.95 per share. Liptak noted that from a historical perspective, the stock has traded at an...
-
All Of Seaport Global's Energy Ratings Changes
Tuesday, August 30, 2016 - 12:30pm | 485Read More...Seaport Global disclosed rating changes for seven companies in the energy sector. Of these seven, the brokerage upgraded five while downgrading the other two. Significantly, there is no Sell rating on any of the stocks. Similarly, no price targets were slashed for any of the companies under review...
-
A Difference Of Sell-Side Opinion On Ford, GM
Tuesday, August 9, 2016 - 1:27pm | 280Read More...Analysts at Jefferies and Seaport Global both initiated coverage on Tuesday of the auto sector. Taking a closer look at the their respective outlooks reveals a differing of opinion between the two sell-side firms. Ford Analysts at Jefferies slapped an Underperform rating and $10 price target...
-
Seaport Global Initiates General Motors At Buy, Positive On Profitability Prospects
Tuesday, August 9, 2016 - 12:03pm | 242Read More...Seaport's Michael Ward initiated General Motors Company (NYSE: GM) at Buy with a $42 price target following the company's earnings beat in late July. The analyst noted several reasons for his upgrade. GM's breakeven level in North America was at a historical low, Chinese...
-
Seaport Global Initiates Ford At Buy, Will Be Aggressive Buyers When Dividend Yield Approaches 5%
Tuesday, August 9, 2016 - 11:09am | 345Read More...Seaport Global started coverage of Ford Motor Company (NYSE: F) with a Buy rating and $20 price target and said they would become even more aggressive buyers of the stock when the dividend yield approaches 5 percent. The price target of $20 represents a potential upside of 64 percent over...
-
Seaport Global Downgrades Franklin Electric
Friday, June 10, 2016 - 12:21pm | 238Read More...Seaport Global has downgraded Franklin Electric Co. (NASDAQ: FELE) to Neutral from Accumulate as shares are nearing its price target of $36, which remains unchanged. "As FELE hits easier comparisons in its Water Systems segment, we anticipate mid-single-digit organic growth during the...
-
Watts Water Shares Downgraded To Neutral By Seaport, M&A The Next Catalyst
Friday, June 10, 2016 - 8:49am | 194Read More...Seaport Global's Ryan Cassil downgraded Watts Water Technologies Inc (NYSE: WTS) to Neutral, while maintaining a price target of $58. Cassil did not see anything new in the company, but downgraded Watts due to the price passing the analyst's target of $58.00. The downgrade "has happened without an...
-
Seaport Global Ups Illinois Tool Works To $125 Target
Thursday, April 21, 2016 - 9:41am | 261Read More...Illinois Tool Works Inc. (NYSE: ITW) reported its 1Q results ahead of expectations. Seaport Global’s Walt Liptak maintained a Buy rating for the company, while raising the price target from $105 to $125. The analyst expressed optimism regarding the company’s margin expansion potential...











