Penske Automotive (NYSE: PAG), Juniper Networks (NASDAQ: JNPR), TripAdvisor, Inc. (NASDAQ: TRIP), Mindray Medical International Limited (NYSE: MR), Kindred Healthcare (NYSE: KND) and Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) ratings and price targets.
Penske Automotive (PAG) is now covered by Sterne Agee. They have a “buy” rating on the firm.
Juniper Networks (JNPR) had its “buy” rating reiterated by ISI Group. They have a price target of $30.00 on the firm.
TripAdvisor, Inc. (TRIP) is now covered by Susquehanna. They have a “positive” rating on the firm.
Mindray Medical International Limited (MR) had its price target raised by Goldman Sachs (NYSE:GS) to $26.90. They have a “neutral” rating on the firm.
Kindred Healthcare (KND) was downgraded by Zacks Investment Research from an “outperform” rating to a “neutral” rating.
Kratos Defense & Security Solutions, Inc. (KTOS) was downgraded by Zacks Investment Research from a “neutral” rating to an
“underperform” rating.
Showing posts with label Penske Automotive. Show all posts
Showing posts with label Penske Automotive. Show all posts
Tuesday, January 10, 2012
VASCO (VDSI) (PAG) (GPI) (VRX) (EONGY) (ALK) Ratings, Price Targets
VASCO Data Security (VDSI), Penske Automotive (NYSE:PAG), Group 1 Automotive (NYSE:GPI), Valeant Pharmaceuticals (NYSE:VRX), E.ON AG (OTC:EONGY) and Alaska Air (NYSE:ALK) ratings and price targets.
Sterne Agee initiated coverge on Penske Automotive (PAG). They have a "Buy" rating on the firm.
Sterne Agee initiated coverage on Group 1 Automotive (GPI). They have a "Neutral" rating on the firm.
Valeant Pharmaceuticals (VRX) was upgraded by Morgan Stanley (NYSE:MS) from an "Equal Weight" to an "Overweight."
VASCO Data Security (VDSI) was upgraded by Wunderlich from a "Hold" rating to a "Buy" rating. They have a price target of $8.25 on the firm.
E.ON AG was downgraded by UBS (NYSE:UBS) from a "Buy" rating to a "Neutral" rating.
Alaska Air (ALK) was downgraded by Deutsche Bank (NYSE:DB) from a "Buy" rating to a "Hold" rating.
Sterne Agee initiated coverge on Penske Automotive (PAG). They have a "Buy" rating on the firm.
Sterne Agee initiated coverage on Group 1 Automotive (GPI). They have a "Neutral" rating on the firm.
Valeant Pharmaceuticals (VRX) was upgraded by Morgan Stanley (NYSE:MS) from an "Equal Weight" to an "Overweight."
VASCO Data Security (VDSI) was upgraded by Wunderlich from a "Hold" rating to a "Buy" rating. They have a price target of $8.25 on the firm.
E.ON AG was downgraded by UBS (NYSE:UBS) from a "Buy" rating to a "Neutral" rating.
Alaska Air (ALK) was downgraded by Deutsche Bank (NYSE:DB) from a "Buy" rating to a "Hold" rating.
Monday, August 29, 2011
IDEX (IEX) (JOYG) (OVTI) (PAG) (SDRL) (MDCO) Ratings Reiterated
IDEX Corp (NYSE:IEX), Joy Global (NASDAQ:JOYG), OmniVision (NASDAQ:OVTI), Penske Auto (NYSE:PAG), Seadrill Ltd (NYSE:SDRL) and The Medicines Co (NASDAQ:MDCO) had ratings on them reiterated by analysts.
Barrington Research reiterated its rating on IDEX Corp. (IEX). They have an "Outperform" rating on the company, and cut its price target from $55 to $45.
Barclays Capital reiterated its rating on Joy Global (JOYG). They have an "Overweight" rating on the company, and cut its price target from $114 to $112.
Needham reiterated its rating on OmniVision (OVTI). They have a "Strong Buy" rating on the company, and slashed their price target on them from $45 to $30.
Ticonderoga reiterated its rating on Penske Auto (PAG). They have a "Buy" rating on the company, and lowered their price target from $27 to $25.
Dahlman Rose reiterated its rating on Seadrill Ltd (SDRL). They have a "Buy" rating on the company, and lowered their price target from $42 to $38.
Argus reiterated its rating on The Medicines Co. (MDCO). They have a "Buy" rating on the company, and cut their price target on them from $25 to $20.
Barrington Research reiterated its rating on IDEX Corp. (IEX). They have an "Outperform" rating on the company, and cut its price target from $55 to $45.
Barclays Capital reiterated its rating on Joy Global (JOYG). They have an "Overweight" rating on the company, and cut its price target from $114 to $112.
Needham reiterated its rating on OmniVision (OVTI). They have a "Strong Buy" rating on the company, and slashed their price target on them from $45 to $30.
Ticonderoga reiterated its rating on Penske Auto (PAG). They have a "Buy" rating on the company, and lowered their price target from $27 to $25.
Dahlman Rose reiterated its rating on Seadrill Ltd (SDRL). They have a "Buy" rating on the company, and lowered their price target from $42 to $38.
Argus reiterated its rating on The Medicines Co. (MDCO). They have a "Buy" rating on the company, and cut their price target on them from $25 to $20.
Waters (WAT) (PAG) (CIT) (TROW) (CNK) (DDD) Price Targets Changed
Waters Corporation (NYSE: WAT), Penske Automotive (NYSE: PAG), CIT Group Inc. (NYSE: CIT), T. Rowe Price (NASDAQ: TROW), Cinemark Holdings Inc (NYSE: CNK) and 3D Systems Co. (NYSE: DDD) price targets adjusted by analysts.
Waters Corporation (WAT) had its price target lowered by Wedbush from $37.00 to $32.00. They have a “Neutral” rating on the company.
Penske Automotive (PAG) had its price target lowered by Ticonderoga from $27.00 to $25.00. They have a “Buy” rating on the company.
CIT Group Inc. (CIT) had its price target raised by Morgan Stanley (NYSE:MS) to $45.00.
T. Rowe Price (TROW) had its price target lowered by Jefferies (NYSE:JEF) to $58.00. They have a “Buy” rating on the company.
Cinemark Holdings Inc. (CNK) had its price target raised by Morgan Stanley to $23.00. They have an “Equal Weight” rating on the company.
3D Systems Co. (DDD) had its price target lowered by Barclays Capital from $23.00 to $19.00. They have an “Equal Weight” rating on the company.
Waters Corporation (WAT) had its price target lowered by Wedbush from $37.00 to $32.00. They have a “Neutral” rating on the company.
Penske Automotive (PAG) had its price target lowered by Ticonderoga from $27.00 to $25.00. They have a “Buy” rating on the company.
CIT Group Inc. (CIT) had its price target raised by Morgan Stanley (NYSE:MS) to $45.00.
T. Rowe Price (TROW) had its price target lowered by Jefferies (NYSE:JEF) to $58.00. They have a “Buy” rating on the company.
Cinemark Holdings Inc. (CNK) had its price target raised by Morgan Stanley to $23.00. They have an “Equal Weight” rating on the company.
3D Systems Co. (DDD) had its price target lowered by Barclays Capital from $23.00 to $19.00. They have an “Equal Weight” rating on the company.
Monday, July 18, 2011
JinkoSolar (JKS) (KGC) (KOS) (PAG) (QEP) Get New Coverage
JinkoSolar Holding Co., Ltd. (NYSE: JKS), Kinross Gold Corp (NYSE: KGC), Kosmos Energy Ltd (NYSE: KOS), Penske Automotive (NYSE: PAG) and QEP Resources (NYSE: QEP) have received new coverage from analysts.
Pacific Crest initiated coverage on JinkoSolar Holding (JKS). They placed an “outperform” rating on the company.
HSBC launched coverage on Kinross Gold Corp. (KGC). They placed an “overweight” rating on the company.
Howard Weil started covering Kosmos Energy Ltd (KOS). They placed an “outperform” rating and a price target of $21.00 on the company.
ThinkEquity initiated coverage on Penske Automotive (PAG). They placed a “buy” rating on the company.
Jefferies (NYSE:JEF) initiated coverage on QEP Resources (QEP). They placed a “Buy” rating and a price target of $52.00 on the company.
Pacific Crest initiated coverage on JinkoSolar Holding (JKS). They placed an “outperform” rating on the company.
HSBC launched coverage on Kinross Gold Corp. (KGC). They placed an “overweight” rating on the company.
Howard Weil started covering Kosmos Energy Ltd (KOS). They placed an “outperform” rating and a price target of $21.00 on the company.
ThinkEquity initiated coverage on Penske Automotive (PAG). They placed a “buy” rating on the company.
Jefferies (NYSE:JEF) initiated coverage on QEP Resources (QEP). They placed a “Buy” rating and a price target of $52.00 on the company.
Wednesday, May 11, 2011
Penske (PAG) Reinstates Quarterly Dividend
Penske Automotive Group, Inc. (NYSE:PAG) announced after the close of the markets Tuesday that they've reinstatedof its dividend.
The auto seller of new and used motor vehicles declared a quarterly dividend of $0.07 per share.
With expectations the company will generate EPS of $1.77 for 2012, that would give them a 15.8 percent forward payout ratio. The new yield is 1.27 percent.
The last dividend payout from the company in the latter part of 2008 was $0.09 per share.
Penske closed Tuesday at $22.02, gaining $0.25, or 1.15 percent.
The auto seller of new and used motor vehicles declared a quarterly dividend of $0.07 per share.
With expectations the company will generate EPS of $1.77 for 2012, that would give them a 15.8 percent forward payout ratio. The new yield is 1.27 percent.
The last dividend payout from the company in the latter part of 2008 was $0.09 per share.
Penske closed Tuesday at $22.02, gaining $0.25, or 1.15 percent.
Tuesday, March 1, 2011
Bank of America (BAC) Likes AutoNation (AN), Group 1 Automotive (GPI), Penske Automotive (PAG)
Bank of America (NYSE:BAC) said today it likes the auto dealer sector, including companies like AutoNation (NYSE:AN), Group 1 Automotive (NYSE:GPI) and Penske Automotive (NYSE:PAG).
Christopher Dietrich at Dow Jones said: “BAML upped its view on auto-dealer stocks and ups price targets for a raft of stocks including AutoNation, Group 1 Automotive and Penske Automotive. BAML says strengthening balance sheets across the sector mean companies are likely to return value to shareholders with buybacks and higher dividends.
“BAML’s estimate for 15M light vehicle sales in 2011 are above the Street’s consensus, yet BAML asserts dealer stocks can still push higher even in a lighter sales environment on the basis of cost cutting made during the worst of the financial crisis.”
This contrasts with UBS’ recent dealer survey that found dealers fretting about a possible price war this year. UBS estimates 13 million light truck and car sales this year, well below the BAML number. UBS also has a sell rating on AutoNation.
Full Story
Christopher Dietrich at Dow Jones said: “BAML upped its view on auto-dealer stocks and ups price targets for a raft of stocks including AutoNation, Group 1 Automotive and Penske Automotive. BAML says strengthening balance sheets across the sector mean companies are likely to return value to shareholders with buybacks and higher dividends.
“BAML’s estimate for 15M light vehicle sales in 2011 are above the Street’s consensus, yet BAML asserts dealer stocks can still push higher even in a lighter sales environment on the basis of cost cutting made during the worst of the financial crisis.”
This contrasts with UBS’ recent dealer survey that found dealers fretting about a possible price war this year. UBS estimates 13 million light truck and car sales this year, well below the BAML number. UBS also has a sell rating on AutoNation.
Full Story
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