Stryker (NYSE: SYK), Bill Barrett Corp (NYSE: BBG), Pall Co. (NYSE: PLL), Brooks Automation, Inc. (NASDAQ: BRKS), SunTrust (NYSE: STI) and CBOE Holdings, Inc (NASDAQ: CBOE) upgraded by analysts.
Stryker (SYK) was upgraded by Standpoint Research from a “Hold” rating to a “Buy” rating. They have a price target of $60.00 on the company.
Bill Barrett Corp. (BBG) was upgraded by Global Hunter Securities from an “Accumulate” rating to a “Buy” rating. They have a price target of $59.00 on the company.
Pall Co. (PLL) was upgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Overweight” rating.
Brooks Automation, Inc. (BRKS) was upgraded by Citigroup (NYSE:C) from a “Sell” rating to a “Hold” rating.
SunTrust (STI) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating.
CBOE Holdings, Inc. (CBOE) was upgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Outperform” rating. They have a price target of $27.50 on the company.
Showing posts with label Bill Barrett. Show all posts
Showing posts with label Bill Barrett. Show all posts
Monday, August 8, 2011
Wednesday, May 11, 2011
Price Targets on (ALKS) (AONE) (BBG) (BEN) (BPL) Updated
Price targets on Alkermes Inc. (NASDAQ: ALKS), A123 Systems, Inc. (NASDAQ: AONE), Bill Barrett Corp (NYSE: BBG), Franklin Resources, Inc. (NYSE: BEN) and Buckeye Partners (NYSE: BPL) updated by analysts.
UBS AG (NYSE:UBS) raised their price target on Alkermes Inc. (ALKS) from $14.50 to $16.50. They have a “neutral” rating on the company.
Bank of America (NYSE:BAC) cut their price target on A123 Systems, Inc. (AONE) from $10.00 to $8.00. They have a “neutral” rating on the company.
Barclays Capital raised their price target on Bill Barrett Corp (BBG) from $48.00 to $53.00. They have an “overweight” rating on the company.
JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Franklin Resources, Inc. (BEN) from $135.00 to $137.00. They have a “neutral” rating on the company.
Citigroup (NYSE:C) raised their price target on Buckeye Partners (BPL) from $66.50 to $67.00. They have a “hold” rating on the company.
UBS AG (NYSE:UBS) raised their price target on Alkermes Inc. (ALKS) from $14.50 to $16.50. They have a “neutral” rating on the company.
Bank of America (NYSE:BAC) cut their price target on A123 Systems, Inc. (AONE) from $10.00 to $8.00. They have a “neutral” rating on the company.
Barclays Capital raised their price target on Bill Barrett Corp (BBG) from $48.00 to $53.00. They have an “overweight” rating on the company.
JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Franklin Resources, Inc. (BEN) from $135.00 to $137.00. They have a “neutral” rating on the company.
Citigroup (NYSE:C) raised their price target on Buckeye Partners (BPL) from $66.50 to $67.00. They have a “hold” rating on the company.
Thursday, January 13, 2011
Possible Catalysts for Bill Barrett (NYSE:BBG), Chesapeake (NYSE:CHK), Comstock (NYSE:CRK), Crimson (Nasdaq:CXPO), Forest Oil (NYSE:FST), Stone (NYSE:
Barclays talked mid-cap oil and gas companies, and offered up what they view as probable catalysts for Bill Barrett (NYSE:BBG), Chesapeake (NYSE:CHK), Comstock (NYSE:CRK), Crimson (Nasdaq:CXPO), Forest Oil (NYSE:FST), Stone (NYSE:SGY), Venoco (NYSE:VQ), Whiting (NYSE:WLL) and Cimarex (NYSE:XEC).
They said, "Most companies in our universe have announced 2011 capital budgets with the predominant theme being the continued transition from gas to liquids development. We anticipate the shift will enable companies to support steady, higher-margin growth. We are revising our estimates to reflect housekeeping items and introducing new 2012 forecasts."
"Estimate Revisions: We are revising our 2010 and 2011 earnings and cash flow estimates to reflect minor housekeeping items and establishing 2012 estimates. Our 2012 estimates are based on a NYMEX price deck of $90/bbl for oil and $4.50/MMBtu for natural gas. Our 2011 NYMEX price is unchanged at $85/bbl and�$4.00/MMBtu."
"Potential Catalysts: Bill Barrett (BBG) - FY11 budget and production guidance; Chesapeake Energy (CHK) - asset sales; Comstock Resources (CRK) - initial Eagle Ford results; Crimson Exploration (CXPO) - Haynesville/Eagle Fords results; Forest Oil (FST) - FY11 budget and production guidance; PXP - deepwater divestiture; Stone Energy (SGY) - Marcellus Shale results and Rockies exploration; Venoco (VQ) - Monterey Shale exploration; Whiting Petroleum (WLL) - Lewis and Clark results; Cimarex Energy (XEC) - FY11 budget and production guidance."
They said, "Most companies in our universe have announced 2011 capital budgets with the predominant theme being the continued transition from gas to liquids development. We anticipate the shift will enable companies to support steady, higher-margin growth. We are revising our estimates to reflect housekeeping items and introducing new 2012 forecasts."
"Estimate Revisions: We are revising our 2010 and 2011 earnings and cash flow estimates to reflect minor housekeeping items and establishing 2012 estimates. Our 2012 estimates are based on a NYMEX price deck of $90/bbl for oil and $4.50/MMBtu for natural gas. Our 2011 NYMEX price is unchanged at $85/bbl and�$4.00/MMBtu."
"Potential Catalysts: Bill Barrett (BBG) - FY11 budget and production guidance; Chesapeake Energy (CHK) - asset sales; Comstock Resources (CRK) - initial Eagle Ford results; Crimson Exploration (CXPO) - Haynesville/Eagle Fords results; Forest Oil (FST) - FY11 budget and production guidance; PXP - deepwater divestiture; Stone Energy (SGY) - Marcellus Shale results and Rockies exploration; Venoco (VQ) - Monterey Shale exploration; Whiting Petroleum (WLL) - Lewis and Clark results; Cimarex Energy (XEC) - FY11 budget and production guidance."
Monday, January 10, 2011
Bill Barrett (NYSE:BBG) Has No Short-Term Catalysts to Move the Company
Citing the current valuation, lack of news flow, and weak natural gas fundamentals for Bill Barrett (NYSE:BBG), Wells Fargo (NYSE:WFC) sees nothing in the short-term that will drive the company.
Wells noted, "Unlike the other downgrades within this note, our downgrade of Bill Barrett Corp is more qualitative rather than a true NAV or multiple based valuation call. Simply put, we think BBG faces headwinds in H1 2011. We don’t view any structural issues with Bill Barrett--we believe the company is well managed and believe that long term the management team does and will add value. And because of this and its current valuation, we struggled more with this downgrade as compared to the other names in this note. But given the move in shares, and lack of expected news flow against a backdrop of weak natural gas fundamentals, we think the risk/reward is neutral near term and thus our Market Perform rating."
Wells Fargo downgraded Bill Barrett from "Outperform" to "Market Perform." Barret closed Friday at $38.46, gaining $0.03, or 0.08 percent.
Wells noted, "Unlike the other downgrades within this note, our downgrade of Bill Barrett Corp is more qualitative rather than a true NAV or multiple based valuation call. Simply put, we think BBG faces headwinds in H1 2011. We don’t view any structural issues with Bill Barrett--we believe the company is well managed and believe that long term the management team does and will add value. And because of this and its current valuation, we struggled more with this downgrade as compared to the other names in this note. But given the move in shares, and lack of expected news flow against a backdrop of weak natural gas fundamentals, we think the risk/reward is neutral near term and thus our Market Perform rating."
Wells Fargo downgraded Bill Barrett from "Outperform" to "Market Perform." Barret closed Friday at $38.46, gaining $0.03, or 0.08 percent.
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