Tag: price-target

Auriga’s Bachman Reiterates BUY on Renesola (NYSE:SOL) – Top Pick in Coverage Universe

Filed in auriga, BP, o, silver, target by on February 3, 2011 0 Comments

February 2, 2011 – Analyst Comments – Auriga’s Mark Bachman reiterated a BUY rating on Renesola (NYSE:SOL) and a $27 price target, citing bullish industry commentary from MEMC (NYSE:WFR), a Renesola customer. Bachman noted that Reneso…

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Apple (NASDAQ:AAPL) Lands Street High Price of $450 From Ticonderoga

Filed in Apple, Gold Prices, ipad, MacBook Air, o, target, Ticonderoga Securities by on January 14, 2011 0 Comments

We’re only a few days away from the highly anticipated release of Apple’s (NASDAQ:AAPL) latest quarterly report, and the mania is getting so great that Ticonderoga Securities has offered up a price target on Apple of $450, and the average price target for Apple from analysts stands at $398. of 54 analysts covering Apple, 49 have a “Buy” rating on the stock, with the remaining five having a “Hold

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General Mills Upgraded to “Buy” at Goldman Sachs (GIS)

Packaged foods maker General Mills, Inc. ( GIS ) on Wednesday saw its rating and price target boosted by analysts at Goldman Sachs. The firm said it raised its rating on GIS from “Neutral” to “Buy” as part of a broader call on the Packaged Food sector, which was upgraded from “Cautious” to “Neutral.” Goldman also set a $41 price target on GIS, which implies a 15% upside to the stock’s Tuesday closing price of $35.69. The analyst cited a rapid onset of inflation and higher promotional activity for the upgrade, and noted GIS should see some of the highest organic sales growth in the sector in 2011. General Mills shares rose 21 cents, or +0.6%, in premarket trading Wednesday. The Bottom Line We have been recommending shares of General Mills ( GIS ) since July 30, 2009, when the stock was trading at $29.54. The company has a 3.14% dividend yield, based on last night’s closing stock price of $35.69. General Mills, Inc. ( GIS ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.6 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Nike Cut from Goldman’s “Conviction Buy” List on Growth Concerns (NKE)

Filed in dividend, Gold, Gold Bullion prices, goldman sachs, o, shares, target by on January 4, 2011 0 Comments

Athletic footwear and apparel maker Nike, Inc. ( NKE ) on Tuesday saw its shares removed from Goldman Sachs’ prestigious “Conviction Buy” List. The analyst also set a $95 price target on NKE, which implies a 10% upside to the stock’s Monday closing price of $86.09. Goldman said it made the move because the company’s growth could slow in 2011. Nike shares were mostly flat in premarket trading Tuesday. The Bottom Line We have been recommending shares of Nike ( NKE ) since Nov.24, 2010, when the stock was trading at $85.26. The company has a 1.44% dividend yield, based on last night’s closing stock price of $86.09. Nike, Inc. ( NKE ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Wynn Resorts Upgraded to “Overweight” at JPMorgan (WYNN)

Hotel/casino operator Wynn Resorts, Limited ( WYNN ) on Thursday saw its rating and price target boosted by analysts at JPMorgan. The firm said it upgraded WYNN from “Neutral” to “Overweight,” and raised its price target from $115 to $118. That new target implies an 18% upside to the stock’s Wednesday closing price of $100.74. Wynn Resorts shares jumped $2.81, or +2.7%, in premarket trading Thursday. The Bottom Line Shares of Wynn Resorts ( WYNN ) have a .99% dividend yield, based on last night’s closing stock price of $100.74. The stock has technical support in the $95-$100 price area. If the shares can firm up, we see overhead resistance around the $109-$111 price levels. Wynn Resorts, Limited ( WYNN ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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FBR Capital Reiterates “Outperform” Rating for Illinois Tool Works, Raises Price Target (ITW)

Industrial products and equipment maker Illinois Tool Works Inc. ( ITW ) on Monday saw its price target boosted by analysts at FBR Capital Markets. The firm maintained its “Outperform” rating on ITW, and boosted its price target to $62. That new target implies a 23% upside to the stock’s Friday closing price of $50.41. An FBR analyst commented, “We are raising our 2010/2011/2012 estimates from $3.08/$3.55/$4.00 to $3.10/$3.85/$4.40 and raising our price target to $62 following upbeat outlook commentary at ITW’s annual outlook meeting Friday. Key positive surprises included 2011 expectations for 30%-35% incremental margins on total revenue growth (5%-7% organic and acquisitions) or significantly above our low-20s expectation, reflecting continued benefit from cost-cutting and volume leverage.” Illinois Tool Works shares were mostly flat in premarket trading Monday. The Bottom Line Shares of Illinois Tool Works ( ITW ) have a 2.70% dividend yield, based on Friday’s closing stock price of $50.41. The stock has technical support in the $46-$48 price area. If the shares can firm up, we see overhead resistance around the $53-$55 price levels. Illinois Tool Works Inc. ( ITW ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Kohl’s (NYSE:KSS) Estimates Raised by FBR Capital After Strong November

Filed in EPS, FBR Capital, Guidance, Kohls, o, price-target, silver, target by on December 3, 2010 0 Comments

November was a good month for Kohl’s (NYSE:KSS) and FBR Capital raised the EPS estimate on the company, along with their price target in response to their performance. FBR said, “We are raising estimates on KSS due to strong sales. We are now modeling a 3% comp for the balance of the quarter. Our gross margin and SG&A assumptions are in line with management’s guidance, and we are modeling 299

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Jo-Ann Stores (NYSE:JAS) Has EPS Estimate Lowered by Wedbush

Filed in earnings, EPS, Gold Prices, Jo-Ann Stores, o, outperform, price-target, Wedbush by on December 3, 2010 0 Comments

Wedbush has lowered their EPS estimate on Jo-Ann Stores (NYSE:JAS), although they’ve maintained their “Outperform” rating on them. “We believe there is strong visibility for near- and long-term earnings power driven by strong internal execution and favorable external factors. Comp momentum should remain strong despite the challenging environment due to strong internal execution, including

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JPMorgan Initiates Coverage on Credit Card Providers (AXP, COF, DFS)

Filed in dividend, Gold Investment, lead, o, shares, target by on December 1, 2010 0 Comments

Analysts at JPMorgan on Wednesday initiated coverage on several leading credit card providers. The firm published the following ratings and price targets for the stocks below: American Express ( AXP ) – “Overweight” rating and $50 price target (16% upside). Capital One Financial ( COF ) – “Neutral” rating and $41 price target (10% upside). Discover Financial ( DFS ) – “Neutral” rating and $18 price target (flat upside). The Bottom Line Shares of American Express ( AXP ) have a 1.67% dividend yield, based on last night’s closing stock price of $43.22. Shares of Capital One Financial ( COF ) have a .54% dividend yield, based on last night’s closing stock price of $37.23. Shares of Discover Financial Services ( DFS ) have a .44% dividend yield, based on last night’s closing stock price of $18.28. None of the dividend stocks mentioned in this article currently have a high enough Dividend.com DARS™ Rating to qualify for our “Recommended” list. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Frontline (NYSE:FRO) Finds Support in Seaborne Oil Trade

Filed in dividend, earnings, FBR Capital, frontline, o, price-target, silver by on November 29, 2010 0 Comments

Frontline Ltd (NYSE:FRO) no doubt faces some short-term challenges, the expanding role of oil transportation using the sea should help Frontline over the longer term.FBR said, “Frontline reported a softer quarter due to weak rate realizations, as we expected. Concerns over 4Q10 earnings as well as the dividend level also drove the stock lower. While the near term is proving to be challenging, we

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Adobe’s (NASDAQ:ADBE) Earnings Estimate Raised by Jefferies

Jefferies maintains their “Buy” rating and price target on Adobe (NASDAQ:ADBE), but has changed their EPS and revenue estimates in 2012 from $2.43/4.51 billion to $2.45/4.44 billion For 2011, they see Adobe struggling to reach growth expectations. They said, “Our survey work points to decent CS adoption, we and the Street continue to model below management’s growth expectations for FY11 and

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Coca-Cola’s Price Target Raised at Bank of America/Merrill Lynch (KO)

Filed in bank of america, dividend, Gold Investing, o, shares, target by on November 29, 2010 0 Comments

Beverage superpower The Coca-Cola Company ( KO ) on Monday saw its price target boosted by analysts at Bank of America/Merrill Lynch. The firm said it raised its price target for KO from $66 to $72, which implies a 12% upside to the stock’s Friday closing price of $64.11. The analyst noted it sees positive momentum in North American beverage pricing trends, and maintained its “Buy” rating. Coca-Cola shares fell 42 cents, or -0.7%, in premarket trading Monday. The Bottom Line We have been recommending shares of Coca-Cola ( KO ) since July 30, 2009, when the stock was trading at $49.28. The company has a 2.75% dividend yield, based on Friday’s closing stock price of $49.28. The Coca-Cola Company ( KO ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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