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Research Analysts’ ratings reiterations for Monday, July 14th:

Affiliated Managers Group (NYSE:AMG) had its buy rating reissued by analysts at Deutsche Bank. The firm currently has a $235.00 target price on the stock, up from their previous target price of $227.00.

Apollo Global Management (NYSE:APO) had its hold rating reissued by analysts at Deutsche Bank. The firm currently has a $25.00 price target on the stock, down from their previous price target of $27.00.

The Bank of New York Mellon (NYSE:BK) had its hold rating reissued by analysts at Deutsche Bank. The firm currently has a $36.00 price target on the stock, up from their previous price target of $34.00.

Bonavista Energy Corp (TSE:BNP) had its sector perform rating reiterated by analysts at CIBC.

Constellium NV (NASDAQ:CSTM) had its buy rating reaffirmed by analysts at Citigroup Inc.. The firm currently has a $37.00 price target on the stock, up from their previous price target of $32.00.

Discover Financial Services (NYSE:DFS) had its buy rating reiterated by analysts at Citigroup Inc.. They currently have a $72.00 target price on the stock, up from their previous target price of $63.00.

Freeport-McMoRan Copper & Gold (NYSE:FCX) had its sell rating reiterated by analysts at Citigroup Inc.. The firm currently has a $31.00 target price on the stock, up from their previous target price of $30.00.

Google (NASDAQ:GOOG) had its outperform rating reissued by analysts at Credit Suisse. They currently have a $742.00 target price on the stock, up from their previous target price of $735.00.

Intuitive Surgical (NASDAQ:ISRG) had its neutral rating reissued by analysts at Zacks. They currently have a $409.00 price target on the stock. Zacks’ analyst wrote, “Intuitive Surgical’s 2014-first quarter earnings per share fell 41.4% to $2.67 lagging the Zacks Consensus Estimate by a wide margin of $0.67. Revenues dipped 24.0% to $464.7 million, also missing the Zacks Consensus Estimate of $512 million. The decrease was due to lower procedure volumes and changing capital spending priorities in hospitals due to the implementation of the Affordable Care Act. However, we are optimistic about its new da Vinci Xi Surgical System, which has received both FDA approval and CE Mark. We can also never ignore the company’s leading position in robotic surgery. As a result, we maintain our Neutral recommendation and set a target price of $409.00.”

Monsanto Company (NYSE:MON) had its neutral rating reissued by analysts at Zacks. They currently have a $127.00 target price on the stock. Zacks’ analyst wrote, “Monsanto reported disappointing results for the third quarter of fiscal 2014, with 2.4% year-over-year decline in earnings to $1.62 per share. Reported revenues of $4.250.0 million were also flat year over year. Foreign currency exchange risk arising from the international operations of the company is expected to negatively impact fiscal 2014 earnings by $0.15 to $0.20 per share. However, Seeds and Genomics segment sales are expected to increase in the coming quarters. Moreover, in its efforts to enhance shareholders’ value, Monsanto has recently announced a share repurchase plan of $10 billion, with $6 billion as accelerated share repurchase plan. Based on this, the company expects earnings towards the upper end of the previous guidance range of $5.10 to $5.20. Moreover, long-term prospects of the company look promising, with an expected two-fold increase in earnings per share by fiscal 2019. Based on these factors, we prefer to have a balanced view on the stock and maintain a Neutral recommendation.”

Newfield Exploration (NYSE:NFX) had its neutral rating reissued by analysts at Citigroup Inc.. They currently have a $46.00 target price on the stock, up from their previous target price of $36.00.

Noranda Aluminum Holding Corp. (NYSE:NOR) had its neutral rating reaffirmed by analysts at Citigroup Inc.. The firm currently has a $4.50 price target on the stock, up from their previous price target of $4.20.

The Progressive (NYSE:PGR) had its neutral rating reiterated by analysts at Zacks. Zacks currently has a $26.00 target price on the stock. Zacks’ analyst wrote, “Progressive’s earnings in the second quarter missed the Zacks Consensus Estimate by a couple of cents but compared favorably with year ago earnings. Higher premiums largely drove improvement line. Due to a benign cat environment, the combined ratio continues to show improvement. Policies in force remained healthy with both Personal Auto and Special Lines exhibiting increase, though Commercial Auto witnessed a decline. Financial leverage also showed a slight deterioration over the quarter. The company also remains focused in sharing profits with shareholders and thus pays a special dividend in addition to the company’s annual variable dividend. Its sturdy balance sheet position and healthy cash flows continues to support such endeavor. Going forward, growth could be challenging owing to an increase in competition. We therefore retain our Neutral recommendation. “

SunCoke Energy Partners (NASDAQ:SXCP) had its neutral rating reissued by analysts at Citigroup Inc.. They currently have a $30.00 target price on the stock, up from their previous target price of $28.00.

Tripadvisor (NASDAQ:TRIP) had its outperform rating reiterated by analysts at Credit Suisse. Credit Suisse currently has a $125.00 target price on the stock, up from their previous target price of $105.00.

United Continental Holdings (NYSE:UAL) had its neutral rating reaffirmed by analysts at Zacks. Zacks currently has a $48.00 price target on the stock. Zacks’ analyst wrote, “We retain our Neutral recommendation on United Continental. The company plans to cut costs and enhance productivity by spending less on fuel, optimizing distribution channels and outsourcing jobs. The company is also making solid progress in expanding its on-board products and services in both domestic and international fleet in order to perk up its ancillary revenue contributions. Apart from that, expansion of its global and domestic route network through the introduction of non-stop flights will boost its future performance. Further, a solid show in the Pacific and domestic market will likely improve its second quarter revenue per mile figure. However, the company reported weak first-quarter 2014 results missing the Zacks Consensus Estimate on both the lines. Further, we expect increased competition in the Pacific region, weakness in the Japanese currency and slot pair wins by rival carriers to likely affect United Continental’s performance going forward.”

Wells Fargo & Co. (NYSE:WFC) had its neutral rating reiterated by analysts at Zacks. The firm currently has a $54.00 price target on the stock. Zacks’ analyst wrote, “Wells Fargo & Company has reported earnings of $1.01 per share in second-quarter 2014. Results surpassing $0.98 earned in the year-ago quarter. However, the reported figure was in line with the Zacks Consensus Estimate. Results reflected growth in total loans and deposits amid a challenging economy and disciplined expense management. Moreover, a strong capital position and returns on assets and equity were tailwinds. However, the company experienced a fall in non-interest income. After reviewing the results, we are maintaining our Neutral recommendation on the shares. “

Whiting Petroleum Corp (NYSE:WLL) had its buy rating reiterated by analysts at Citigroup Inc.. Citigroup Inc. currently has a $90.00 target price on the stock, up from their previous target price of $86.00.

Walter Energy (NYSE:WLT) had its neutral rating reiterated by analysts at Citigroup Inc.. Citigroup Inc. currently has a $6.20 price target on the stock, down from their previous price target of $8.00.

Weyerhaeuser (NYSE:WY) had its neutral rating reissued by analysts at Zacks. The firm currently has a $34.00 price target on the stock. Zacks’ analyst wrote, “Weyerhaeuser has successfully divested WRECO to TRI Pointe Homes. We believe the transaction will boost the company’s growth prospects, as freed up resources can be utilized for the core forest products business. Also, the transaction will be tax-free for the participating shareholders and reduced outstanding shares will help to enhance earnings per share. Divestment-related gain will be recorded in second-quarter 2014. Moreover, for the second quarter, Weyerhaeuser predicts sequentially higher earnings for the Wood Products and Cellulose Fibers segments, while anticipating comparable earnings for the Timberland segment. However, stiff competition, adverse currency translation and geopolitical issues remain potential headwinds. Thus, we maintain our Neutral recommendation on the stock.”

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