Oneok Partners LP (NYSE: OKS), Penske Automotive (NYSE: PAG), Precision Drilling (NYSE: PDS), Group 1 Automotive, Inc. (NYSE: GPI), Hornbeck Offshore (NYSE: HOS) and HiSoft Technology International Limited (NASDAQ: HSFT) getting new coverage from analysts.
Morgan Keegan initiated coverage on Oneok Partners LP (OKS). They placed a “Market Perform” rating and a price target of $61.00 on the company.
Sterne Agee initiated coverage on Penske Automotive (PAG). They placed a “Buy” rating on the company.
Dahlman Rose initiated coverage on Precision Drilling (PDS). They placed a “Buy” rating and a price target of $14.00 on the company.
Sterne Agee initiated coverage on Group 1 Automotive, Inc. (GPI). They placed a “Neutral” rating on the company.
Credit Suisse (NYSE:CS) initiated coverage on Hornbeck Offshore (HOS). They placed an “Outperform” rating on the company.
Oppenheimer initiated coverage on HiSoft Technology International Limited (HSFT). They placed an “Outperform” rating and a price target of $14.00 on the company.
Showing posts with label Precision Drilling. Show all posts
Showing posts with label Precision Drilling. Show all posts
Wednesday, January 11, 2012
Tuesday, January 10, 2012
RealD (RLD) (GUID) (PDS) (JNPR) (HPP) (BKD) Ratings, Price Targets
RealD Inc. (NYSE: RLD), Guidance Software, Inc. (NASDAQ: GUID), Precision Drilling (NYSE: PDS), Juniper Networks (NASDAQ: JNPR), Hudson Pacific Properties Inc. (NYSE: HPP) and Brookdale Senior Living, Inc. (NYSE: BKD) ratings and price targets.
RealD Inc. (RLD) had its “overweight” rating reiterated by Piper Jaffray (NYSE:PJC). They have a price target of $22.00 on the firm.
Guidance Software, Inc. (GUID) was downgraded by Zacks Investment Research from an “outperform” rating to a “neutral” rating.
Precision Drilling (PDS) is now covered by Dahlman Rose. They have a “buy” rating and a price target of $14.00 on the firm.
Juniper Networks (NASDAQ: JNPR) had its price target lowered by Mizuho from $22.00 to $17.00. They have a “neutral” rating on the firm.
Hudson Pacific Properties Inc. (HPP) was downgraded by Zacks Investment Research from a “neutral” rating to an “underperform” rating.
Brookdale Senior Living, Inc. (BKD) was upgraded by Zacks Investment Research from a “neutral” rating to an “outperform” rating.
RealD Inc. (RLD) had its “overweight” rating reiterated by Piper Jaffray (NYSE:PJC). They have a price target of $22.00 on the firm.
Guidance Software, Inc. (GUID) was downgraded by Zacks Investment Research from an “outperform” rating to a “neutral” rating.
Precision Drilling (PDS) is now covered by Dahlman Rose. They have a “buy” rating and a price target of $14.00 on the firm.
Juniper Networks (NASDAQ: JNPR) had its price target lowered by Mizuho from $22.00 to $17.00. They have a “neutral” rating on the firm.
Hudson Pacific Properties Inc. (HPP) was downgraded by Zacks Investment Research from a “neutral” rating to an “underperform” rating.
Brookdale Senior Living, Inc. (BKD) was upgraded by Zacks Investment Research from a “neutral” rating to an “outperform” rating.
Monday, August 22, 2011
Rubicon (RBCN) (CREE) (PDS) (EDMC) (OTIV) (HLS) (NKTR) Get New Coverage
Rubicon Technology, Inc. (NASDAQ: RBCN), Cree, Inc. (NASDAQ: CREE), Precision Drilling (NYSE: PDS), Education Management Corp (NASDAQ: EDMC), On Track Innovations Ltd (NASDAQ: OTIV), HealthSouth (NYSE: HLS) and Nektar Therapeutics (NASDAQ: NKTR) getting new analyst coverage.
Ticonderoga initiated coverage on Rubicon Technology, Inc. (RBCN). They placed a “Sell” rating and a price target of $9.00 on the company.
Ticonderoga initiated coverage on Cree, Inc. (CREE). They placed a “Buy” rating and a price target of $39.00 on the company.
Howard Weil initiated coverage on Precision Drilling (PDS). They placed an “Outperform” rating and a price target of $17.00 on the company.
Wunderlich initiated coverage on Education Management Corp. (EDMC). They placed a “Buy” rating and a price target of $20.00 on the company.
Merriman Curhan Ford initiated coverage on On Track Innovations Ltd (OTIV). They placed a “Neutral” rating on the company.
Mizuho initiated coverage on HealthSouth (HLS). They placed a “Buy” rating on the company.
MKM Partners initiated coverage on Nektar Therapeutics (NKTR). They placed a “Buy” rating and a price target of $12.00 on the company.
Ticonderoga initiated coverage on Rubicon Technology, Inc. (RBCN). They placed a “Sell” rating and a price target of $9.00 on the company.
Ticonderoga initiated coverage on Cree, Inc. (CREE). They placed a “Buy” rating and a price target of $39.00 on the company.
Howard Weil initiated coverage on Precision Drilling (PDS). They placed an “Outperform” rating and a price target of $17.00 on the company.
Wunderlich initiated coverage on Education Management Corp. (EDMC). They placed a “Buy” rating and a price target of $20.00 on the company.
Merriman Curhan Ford initiated coverage on On Track Innovations Ltd (OTIV). They placed a “Neutral” rating on the company.
Mizuho initiated coverage on HealthSouth (HLS). They placed a “Buy” rating on the company.
MKM Partners initiated coverage on Nektar Therapeutics (NKTR). They placed a “Buy” rating and a price target of $12.00 on the company.
Wednesday, May 18, 2011
Ratings on (HSY) (IPSU) (NR) (PDS) Upgraded
Ratings on shares of Hershey (NYSE: HSY), Imperial Sugar Co (NASDAQ: IPSU), Newpark Resources, Inc. (NYSE: NR) and Precision Drilling (NYSE: PDS) were upgraded by analysts.
Argus upgraded Hershey (HSY) from a “hold” rating to a “buy” rating.
Raymond James (NYSE:RJF) upgraded Imperial Sugar Co (IPSU) from a “hold” rating to a “buy” rating. They have a price target of $18.00 on the company.
Jefferies (NYSE:JEF) upgraded Newpark Resources, Inc. (NR) from a “hold” rating to a “buy” rating. They have a price target of $13.00 on the company, up from $8.00.
TD Newcrest upgraded Precision Drilling (PDS) from a “hold” rating to a “buy” rating.
Argus upgraded Hershey (HSY) from a “hold” rating to a “buy” rating.
Raymond James (NYSE:RJF) upgraded Imperial Sugar Co (IPSU) from a “hold” rating to a “buy” rating. They have a price target of $18.00 on the company.
Jefferies (NYSE:JEF) upgraded Newpark Resources, Inc. (NR) from a “hold” rating to a “buy” rating. They have a price target of $13.00 on the company, up from $8.00.
TD Newcrest upgraded Precision Drilling (PDS) from a “hold” rating to a “buy” rating.
Monday, December 6, 2010
Precision Drilling (NYSE:PDS) to Outperform Peers says Canaccord
Citing its being the most active driller in North America, Canaccord Genuity said Precision Drilling (NYSE:PDS) is positioned to outperform its peers.
Canaccord said, "We think PD is set to outperform its peers as it is the most active driller in North America, has the second highest mix of high-performance rigs (68% of fleet), and looks set for above-average growth in the short term as roughly half its sales come from Canada, which is expected to see significant dayrate and margin improvement this winter as opposed to flattish expectations for the US market. Although overall rig count growth in North America will likely slow, we believe PD will continue to gain market share as its new rigs have the opportunity to displace over 1000 legacy mechanical rigs in North America."
Canaccord maintains a "Buy" rating on Precision Drilling, which closed Friday at $9.09, up by $0.15, or 1.68 percent. Canaccord raised their price target on them to
C$11.
Canaccord said, "We think PD is set to outperform its peers as it is the most active driller in North America, has the second highest mix of high-performance rigs (68% of fleet), and looks set for above-average growth in the short term as roughly half its sales come from Canada, which is expected to see significant dayrate and margin improvement this winter as opposed to flattish expectations for the US market. Although overall rig count growth in North America will likely slow, we believe PD will continue to gain market share as its new rigs have the opportunity to displace over 1000 legacy mechanical rigs in North America."
Canaccord maintains a "Buy" rating on Precision Drilling, which closed Friday at $9.09, up by $0.15, or 1.68 percent. Canaccord raised their price target on them to
C$11.
Monday, October 25, 2010
Precision Drilling (NYSE:PDS) Outlook Positive Says Canaccord
After reporting their quarterly results, Precision Drilling (NYSE:PDS) maintained their "Buy" rating from Canaccord Genuity.
Rob McNally, Executive Vice President and Chief Financial Officer, said on the conference call:
"Precision had a very solid quarter. We reported net earnings of $61 million or $0.21 per diluted share on revenues of $359 million for the third quarter. These results do include an $18 million foreign exchange gain which equates to about $0.05 per share relating to our debt being primarily US dollar denominated.
"Our Q3 2010 EBITDA was $113 million, which represents a 31% increase over the $86 million achieved in the third quarter of 2009. The improved third quarter results primarily reflect increased utilization. Activity levels have increased meaningfully with the continuation of positive momentum building from the beginning of the year."
Canaccord said, "We reiterate our rating and target price (based on 6.0x 2011E EV/EBITDA) following PD’s in-line Q3 results; our thesis remains intact as the company has a large mix of high-performance rigs and enjoys geographic diversity across North America. The company also continues to benefit from increasing oil and liquids-rich drilling, pricing traction starting to take in Canada, and moving forward with its new build programs."
Precision closed Friday at $7.76, gaining $0.21, or 2.78 percent. Canaccord has a price target of C$10 on them.
Rob McNally, Executive Vice President and Chief Financial Officer, said on the conference call:
"Precision had a very solid quarter. We reported net earnings of $61 million or $0.21 per diluted share on revenues of $359 million for the third quarter. These results do include an $18 million foreign exchange gain which equates to about $0.05 per share relating to our debt being primarily US dollar denominated.
"Our Q3 2010 EBITDA was $113 million, which represents a 31% increase over the $86 million achieved in the third quarter of 2009. The improved third quarter results primarily reflect increased utilization. Activity levels have increased meaningfully with the continuation of positive momentum building from the beginning of the year."
Canaccord said, "We reiterate our rating and target price (based on 6.0x 2011E EV/EBITDA) following PD’s in-line Q3 results; our thesis remains intact as the company has a large mix of high-performance rigs and enjoys geographic diversity across North America. The company also continues to benefit from increasing oil and liquids-rich drilling, pricing traction starting to take in Canada, and moving forward with its new build programs."
Precision closed Friday at $7.76, gaining $0.21, or 2.78 percent. Canaccord has a price target of C$10 on them.
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