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Research Analysts’ ratings reiterations for Tuesday, January 21st:

Barrick Gold Corp. (TSE:ABX) had its neutral rating reaffirmed by analysts at Dundee Securities.

Bed Bath & Beyond (NASDAQ:BBBY) had its neutral rating reissued by analysts at Zacks. The firm currently has a $69.00 price target on the stock. Zacks’ analyst wrote, “We remain impressed with Bed Bath & Beyond’s third-quarter fiscal 2013 results, which marks steady growth in its top and bottom lines. Apart from improved quarterly results, the company s future appears promising as we believe that the strategic initiatives toward expanding store base, investments in improving customer service and boosting online sales will further improve the top and bottom lines. Furthermore, on the back of a rebound in the housing market, we expect the company to continue growing at an impressive pace. However, we are skeptical about Bed Bath & Beyond’s margins performance, which is expected to remain under pressure due to the ongoing initiatives and a product mix shift to low margin categories. Therefore, we prefer to be on the sidelines and maintain our Neutral stance on the stock.”

BRE Properties (NYSE:BRE) had its neutral rating reaffirmed by analysts at Zacks. Zacks currently has a $60.00 target price on the stock.

Caterpillar (NYSE:CAT) had its equal weight rating reissued by analysts at Morgan Stanley. They currently have a $86.00 target price on the stock. The analysts wrote, “We forecast $1.23 EPS, $0.05 below cons,” the report noted. “This is predicated on $12.95bn MP&S revenue ($13.71bn total), down 16% Y/Y, largely due to continued challenges in Resource. Here, we forecast a 50% Y/Y revenue decline as we believe that inventory remains too high in Asia Pac, augmenting weak end user demand. We forecast 8% growth in Construction on the back of improving end market commentary. In Power Systems, we project 4% growth – below management guidance, but dealer stats were -5% for 3m/3 Nov. At the MP&S margin line, we forecast 260bps Y/Y expansion to 12.1%, as CAT’s margins were negatively impacted by sharp inventory reductions during 4Q12.”

Cincinnati Bell (NYSE:CBB) had its neutral rating reissued by analysts at Zacks. Zacks currently has a $4.00 price target on the stock. Zacks’ analyst wrote, “We believe that Cincinnati Bell is poised to generate high revenues and earnings in the months ahead, owing to its attractively priced service bundles, high speed Internet and proactive marketing steps. The company’s wireline segment stands as the prime growth driver with strength in the Fioptics business from continuous fiber deployment. Further, the acquisition of CyrusOne will support high demand in data center colocation service. However, erosion in local access lines, post-paid subscriber loss due to fierce competition and ARPU (average revenue per user) reduction pose major roadblocks in the company’s growth path. Hence, we expect the stock to perform on par with the broader market and adhere to our Neutral recommendation.”

Costco Wholesale Corp. (NASDAQ:COST) had its neutral rating reaffirmed by analysts at Zacks. They currently have a $122.00 target price on the stock.

Canadian Pacific Railway Limited (NYSE:CP) had its neutral rating reiterated by analysts at Zacks. They currently have a $157.00 target price on the stock. Zacks’ analyst wrote, “We are maintaining our Neutral recommendation on Canadian Pacific Railway. The company remains focused on volume expansion, operational efficiency, pricing revision and network capability upgrade. We believe that strength in Intermodal, Grain and Fertilizer segments will lead to higher revenues and earnings in the coming quarters. With the Industrial and Automotive segments looking bright, we expect these to counterbalance the weak outlook on the coal business. Substitution of coal with natural gas will continue to affect the company’s coal shipments. Canadian Pacific’s global operations also face uncertainties with labor issues, commodity risks related to the purchase of diesel fuel, competition from other Canadian and U.S. firms and currency fluctuations. We expect the company to perform at par with the broader market in the coming months.”

easyJet (LON:EZJ) had its hold rating reissued by analysts at Cantor Fitzgerald Europe. They currently have a GBX 1,400 ($22.98) target price on the stock.

easyJet (LON:EZJ) had its hold rating reaffirmed by analysts at Cantor Fitzgerald Europe. Cantor Fitzgerald Europe currently has a GBX 1,400 ($22.98) target price on the stock.

easyJet (LON:EZJ) had its hold rating reissued by analysts at Cantor Fitzgerald Europe. The firm currently has a GBX 1,400 ($22.98) target price on the stock.

easyJet (LON:EZJ) had its hold rating reaffirmed by analysts at Cantor Fitzgerald Europe. The firm currently has a GBX 1,400 ($22.98) target price on the stock.

Guess? (NYSE:GES) had its neutral rating reiterated by analysts at Zacks. They currently have a $31.00 target price on the stock. Zacks’ analyst wrote, “Guess Inc.’s third-quarter fiscal 2014 sales slipped 2.4% from the prior-year level and missed the Zacks Consensus Estimate due to lower sales in most of the segments. Lower comps and lower orders in the wholesale business prompted Guess to lower its fiscal 2014 guidance. However earnings of $0.42 per share beat the Zacks Consensus Estimate as well as management’s expectations in spite of declining year over year. We believe that lower taxes and advertising expenses made up for weaker revenues and margins to result in better-than-expected earnings in the quarter. We are encouraged by the company’s long-term expansion plans in the emerging markets, which will enable it to withstand the economic crisis that it faces in the developed nations. Guess’ growing e-Commerce business and increasing presence on social networking sites are also encouraging. However, the consistent low traffic in the North American stores and currency headwinds remain concerns. Hence, we maintain a Neutral stance on the stock. “

Honeywell International (NYSE:HON) had its neutral rating reiterated by analysts at Zacks. Zacks currently has a $94.00 price target on the stock. Zacks’ analyst wrote, “Honeywell reported year-over-year increase in third quarter 2013 revenues and earnings. With a diversified business portfolio that mitigates operating risks, Honeywell has the potential to earn consistent above-average returns in the long term. The company has a flexible yet disciplined focus on cost and productivity, and maintains a conservative balance sheet. Energy, Safety and Security, and Turbo Technologies benefited in the last quarter from improved end markets, new product introductions, and geographic expansion. Honeywell also continued to benefit from investments in new products and services. However, adverse foreign currency translations and volatility in commodity prices are likely to peg back its growth momentum to some extent. We maintain our Neutral recommendation for the stock. “

International Consolidated Airlines (LON:IAG) had its hold rating reiterated by analysts at Cantor Fitzgerald Europe. They currently have a GBX 360 ($5.91) target price on the stock.

International Consolidated Airlines (LON:IAG) had its hold rating reaffirmed by analysts at Cantor Fitzgerald Europe. Cantor Fitzgerald Europe currently has a GBX 360 ($5.91) target price on the stock.

International Consolidated Airlines (LON:IAG) had its hold rating reissued by analysts at Cantor Fitzgerald Europe. The firm currently has a GBX 360 ($5.91) price target on the stock.

International Consolidated Airlines (LON:IAG) had its hold rating reissued by analysts at Cantor Fitzgerald Europe. Cantor Fitzgerald Europe currently has a GBX 360 ($5.91) target price on the stock.

Isis Pharmaceuticals (NASDAQ:ISIS) had its neutral rating reiterated by analysts at Zacks. They currently have a $49.00 target price on the stock. Zacks’ analyst wrote, “Isis’ third quarter 2013 net loss of $0.21 per share was narrower than the Zacks Consensus Estimate of a loss of $0.29 and the year-ago loss of $0.33. Despite higher expenses, higher revenues led to the narrower year-over-year loss. Revenues grew 103.3% to $23.6 million, well above the Zacks Consensus Estimate of $18 million. We are positive on Isis’ agreements with Glaxo, Roche, AstraZeneca and Biogen, which not only validate its antisense technology but also provide Isis with funds in the form of upfront, milestone and other payments. We view Kynamro’s Jan 2013 approval in the U.S. as a major milestone for the company. We are also pleased with Isis’ progress with its pipeline. However, we remain concerned about Kynamro’s sales ramp up which could be slow due to the reimbursement process and the process of finding eligible patients. We remain Neutral on the stock and await more visibility on Kynamro’s performance.”

Kinross Gold (TSE:K) had its buy rating reissued by analysts at Dundee Securities.

3M (NYSE:MMM) had its neutral rating reissued by analysts at Zacks. Zacks currently has a $144.00 price target on the stock. Zacks’ analyst wrote, “3M registered strong third quarter 2013 results with record quarterly revenues, and a healthy year over year rise in earnings that beat the Zacks Consensus Estimate by $0.02. The company further expects to have an organic sales growth of 3%-4% in 2013 on the back of continuous product improvements and new product launches. 3M has also realigned its operating segments to better serve its global customers. In addition, the company remains focused on emerging markets and expects to have significant contributions from them. However, stiff competition and adverse currency translations are likely to peg back its profitability to some extent. Nevertheless, we maintain our long-term Neutral recommendation for the stock. “

Monster Beverage Corp. (NASDAQ:MNST) had its neutral rating reissued by analysts at Zacks. They currently have a $73.00 target price on the stock. Zacks’ analyst wrote, “We are initiating coverage on energy drink maker Monster Beverage with a Neutral recommendation. Monster Beverage offers a wide range of energy drinks and juice based and soda beverages. The company also has strong international presence and is expanding its international footprint as a part of its long term strategy. However, Monster Beverage like other beverage giants is seeing sluggish sales due to softness in the North American beverage industry. Despite a year-over-year increase, Monster Beverage’s third-quarter 2013 adjusted earnings and net sales missed the Zacks Consensus Estimate by 6% and 1.4% respectively. In addition, the company has been facing legal issues related to the impact of energy drinks on the health of its consumers. Taking all these factors into account, we prefer to remain on the sidelines at the current level.”

Rolls-Royce Holdings (LON:RR) had its buy rating reaffirmed by analysts at Cantor Fitzgerald Europe. They currently have a GBX 1,540 ($25.28) target price on the stock.

Rolls-Royce Holdings (LON:RR) had its buy rating reiterated by analysts at Cantor Fitzgerald Europe. The firm currently has a GBX 1,540 ($25.28) price target on the stock.

Rolls-Royce Holdings (LON:RR) had its buy rating reaffirmed by analysts at Cantor Fitzgerald Europe. They currently have a GBX 1,540 ($25.28) target price on the stock.

Rolls-Royce Holdings (LON:RR) had its buy rating reaffirmed by analysts at Cantor Fitzgerald Europe. The firm currently has a GBX 1,540 ($25.28) target price on the stock.

Skyworks Solutions (NASDAQ:SWKS) had its neutral rating reaffirmed by analysts at Zacks. They currently have a $32.00 target price on the stock. Zacks’ analyst wrote, “Skyworks reported strong first quarter 2014 results with adjusted earnings exceeding the Zacks Consensus Estimate by $0.10. Skyworks continues to benefit from strong underlying demand in the mobile Internet sector, backed by market share gains and new product launches. The company is also rapidly expanding its footprint in complementary new verticals such as medical, automotive, military and industrial markets, and continues to gain market share in the adjacent verticals as well. However, macroeconomic uncertainty and stiff competition might peg back its profitability to some extent going forward. We maintain our long-term Neutral recommendation for the stock as we anticipate it to perform in line with the broader market.”

Western Union (NYSE:WU) had its neutral rating reaffirmed by analysts at Zacks. They currently have a $17.00 price target on the stock. Zacks’ analyst wrote, “Western Union has delivered a strong performance in the first nine months of 2013. We are optimistic about the company’s performance going forward, given its long-term growth momentum led by strategic investments in new products, services and technology. However, rapid growth of other cheaper money transfer options may lead to competitive pressures. The company is focusing on three main areas – expanding the existing network and retaining and adding new customers to the consumer money transfer business creating a digital infrastructure to drive its electronic channels business and finally, development of the business-to-business segment apart from ensuring successful integration of the Travelex business. Given the pace at which the company is aggressively making acquisitions, expanding its agent network, and rolling out new products and services, we expect Western Union to achieve long-term growth much ahead of its peers. We thus maintain our Neutral recommendation on the stock. “

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