Showing posts with label Quanta Services. Show all posts
Showing posts with label Quanta Services. Show all posts

Thursday, May 19, 2011

Price Targets on (M) (PWR) (RICK) (SAPE) (SGMS) Updated

Price targets on shares of Macy’s (NYSE: M), Quanta Services, Inc. (NYSE: PWR), Rick’s Cabaret (NASDAQ: RICK), Sapient Co. (NASDAQ: SAPE) and Scientific Games Corp (NASDAQ: SGMS) updated by analysts.

FBR Capital raised their price target on Macy’s (M) from $31.00 to $34.00. They have an “outperform” rating on the company.

Piper Jaffray (NYSE:PJC) cut their price target on Quanta Services, Inc. (PWR) from $25.00 to $22.00. They have an “overweight” rating on the company.

BMC Equities Research raised their price target on Rick’s Cabaret (RICK) from $12.00 to $1.00. They have a “buy” rating on the company.

Citigroup (NYSE:C) raised their price target on Sapient Co. (SAPE) from $14.75 to $17.25. They have a “buy” rating on the company.

BMC Equities Research cut their price target on Scientific Games Corp (SGMS) from $14.00 to $13.00. They have a “buy” rating on the company.

Friday, May 6, 2011

Coverage on (PWR) (BMC) (HCA) (NLY) (BEBE) Initiated by Analysts

Quanta Services Inc. (NYSE:PWR), BMC Software Inc (NASDAQ:BMC), HCA Inc (NYSE:HCA), Annaly Capital Management Inc. (NYSE:NLY) and Bebe Stores, Inc. (NASDAQ:BEBE) had coverage initiated on them by analysts.

Credit Suisse (NYSE:CS) initiated coverage on Quanta Services Inc. (PWR), starting them off with an "Outperform" rating. They lowered their price target from $26 to $23 on the company.

Credit Suisse initiated coverage on BMC Software Inc (BMC), starting them off with an "Outperform" rating. They raised their price target from $55.00 to $62.50 on the company.

Credit Suisse initiated coverage on HCA Inc (HCA), starting them off with an "Outperform" rating. They raised their price target from $38 to $39 on the company.

Credit Suisse initiated coverage on Annaly Capital Management Inc. (NLY), starting them off with an "Outperform" rating. They placed a price target of $18 on the company.

Janney Montgomery Scott initiated coverage on Bebe Stores, Inc. (BEBE), starting them off with a "Buy" rating. They placed a price target of $8 on the company.

Coverage on (CRL) (MTZ) (PWR) (PFE) (MRK) Initiated by Analysts

Charles River Laboratories International Inc. (NYSE:CRL), Mastec Inc. (NYSE:MTZ), Quanta Services Inc. (NYSE:PWR), Pfizer Inc. (NYSE:PFE) and Merck (NYSE:MRK) had coverage initiated on them by analysts.

Deutsche Bank (NYSE:DB) initiated coverage on Charles River Laboratories International Inc. (CRL), starting them off with a "Hold" rating. They lowered their price target from $44 to $41.50 on the company.

FBR Capital Markets initiated coverage on Mastec Inc. (MTZ), starting them off with an "Outperform" rating.

FBR Capital Markets initiated coverage on Quanta Services Inc. (PWR), starting them off with an "Underperform" rating. They lowered their price target from $20 to $19 on the company.

Credit Suisse (NYSE:CS) initiated coverage on Pfizer Inc. (PFE), starting them off with an "Outperform" rating. They placed a price target of $23 on the company.

Credit Suisse initiated coverage on Merck (NYSE:MRK), starting them off with an "Outperform" rating. They placed a price target of $44 on the company.

EPS On (BMC) (CLH) (MTD) (PWR) Updated by Analysts

BMC Software, Inc. (NYSE: BMC), Clean Harbors, Inc. (NYSE: CLH), Mettler-Toledo International Inc. (NYSE: MTD) and Quanta Services, Inc. (NYSE: PWR) had their EPS estimates updated by analysts.

Goldman Sachs (NYSE:GS) raised their EPS estimates on BMC Software, Inc. (BMC). They have a “neutral” rating and a price target of $56.00 on the company.

Goldman Sachs raised their EPS estimates on Clean Harbors, Inc. (CLH). They have a “neutral” rating and a price target of $95.00 on the company.

Goldman Sachs raised their EPS estimates on Mettler-Toledo International Inc. (MTD). They have a “neutral” rating and a price target of $180.00 on the company.

Goldman Sachs cut their EPS estimates on Quanta Services, Inc. (PWR). They have a “neutral” rating and a price target of $21.00 on the company.

Thursday, May 5, 2011

Ratings on (PWR) (RRD) (SE) (SWS) Reiterated by Analysts

Ratings on Quanta Services, Inc. (NYSE: PWR), R.R. Donnelley & Sons Company (NYSE: RRD), Spectra Energy Corp. (NYSE: SE) and SWS Group, Inc. (NYSE: SWS) were reiterated by analysts today.

JPMorgan Chase & Co. (NYSE:JPM) reiterated an “overweight” rating on Quanta Services, Inc. (PWR). They have a price target of $25.00 on the stock, up from $22.50.

Benchmark Co. reiterated a “buy” rating on R.R. Donnelley & Sons Company (RRD). They have a price target of $23.00 on the company.

Wunderlich reiterated a “hold” rating on Spectra Energy Corp. (SE). They have a price target of $37.00 on the company.

Keefe, Bruyette & Woods, Inc reiterated a “market perform” rating on SWS Group, Inc. (SWS). They have a price target of $6.25 on the company.

Wednesday, December 22, 2010

Quanta Services (NYSE:PWR) Needs More Clarity Before Consensus Can be Met

Quanta Services (NYSE:PWR) continues to be challenged, even after being awarded the transmission contract in Maine. FBR said that the contract alone won't be enough to reach consensus expectations for 2011, and wait to see what other awards Quanta gets before making any further revisions in their outlook.

FBR said, "Our Underperform rating is a reflection of our concern that backlog was not large enough to support consensus expectations for 2011. This project helps to achieve 2011 expectations, but does not provide upside in itself. We await further awards before becoming more constructive on the shares. Of note, there are several additional large transmission projects out to bid currently, including Texas CREZ and CapX2020, which if PWR is successful at winning some portion of these projects, would be slightly positive for the shares. At $19.47, the shares are trading at 8x 2011 EV/EBITDA, a full multiple given its current growth outlook. At $23, the shares would trade at 10x 2011 EV/EBITDA, the average multiple of larger E&C peers through a cycle. Should backlog increase significantly, we suspect the shares have modest upside, yet await successful awards before becoming more constructive."

FBR Capital maintains an "Underperform" rating on Quanta Services, which closed Tuesday at $19.93, up $0.46, or 2.36 percent.