Brean Murray

Analysts at Brean Murray initiate coverage of Xyratex (NASDAQ: XRTX) with a "buy" rating. The target price for XRTX is set to $20. XRTX’s shares gained 3.86% to $14.52 at 9:53 am. More Analyst Ratings here

Teen retailer Abercrombie & Fitch (NYSE: ANF) was downgraded on Monday to sell at Brean Murray with a price target of $29. The firm believes investor optimism is too high after the shares rallied 16.1 percent in February versus a 2.9 percent increase in the S&P 500 and a 6.1 percent rise in...

One day after a big price drop, shares of Patriot Coal Corporation (NYSE: PCX) are up more than 5% in early morning trading. The stock received a boost after Brean Murray upgraded its rating of the shares from Hold to Buy with a price target of $25. Patriot Coal Corporation was trading near $16.40...

Shares of J Crew Group Inc. (NYSE: JCG) opened well above the previous trading day's close after an upgraded rating from Brean Murray, then steadily declined for the rest of the day. Earlier in the day, Brean Murray upgraded the stock from Hold to Buy with a target price of $50. However, shortly...

Brean Murray upgraded J. Crew Group, Inc. (NYSE: JCG) this morning to Buy from Hold and set a price target of $50. The firm believes J. Crew will benefit from its strong fashion sense, compelling price/value relationship, strong inventory discipline and very easy comparisons going forward. While...

The day after reporting its financial results, CardioNet, Inc. (Nasdaq: BEAT) shares opened strong and continued their surge during the early trading hours, before steadily falling for most of the day. Still, by late afternoon the shares were holding onto gains of more than 8%. The CardioNet shares...

Shares of Iconix Brand Group, Inc. (Nasdaq: ICON) closed up more than 3% for the day after Brean Murray raised its rating of the brand management company from Hold to Buy. The upgrade reverses Brean Murray's downgrade of Iconix Brand Group from Buy to Hold just last September. Britney Spears...

2009 proved to be good year for regulated transmission and distribution utilities like New Jersey Resources (NYSE: NJR), Northwest Natural Gas (NYSE: NWN), South Jersey Industries (NYSE: SJI) and Piedmont Natural Gas Company (NYSE: PNY). With low market risk coupled with above average returns, the...

The retail sector did well in 2009 in comparison to the preceding year. The year had its own share of problems like blizzards, customers waiting for better deals and lower inventories. However, due to lower expectations and a smaller comparison base, the year performed better. In a recently...

In a recently released report, Brean Murray has upgraded its earnings estimates for Western Digital Corp. (NASDAQ: WDC). DecQ EPS has been revised from $1.34 to $1.36; however; CY10 EPS estimates have been retained at $4.61. The upgrade in December EPS was brought about due to stable pricing and...

In a recently released report, Seagate Technology (NASDAQ: STX) received an earnings upgrade from research firm Brean Murray. The firm raised its December quarter EPS from $0.63 to $0.64, and its CY2010 EPS estimate from $2.41 to $2.52. This upgrade has been given on the basis of the stable...

In a recently released report, Brean Murray upgraded its ‘Sell’ recommendation to ‘Hold’ for Emdeon Inc. (NYSE: EM). However, the report has still cast a shadow of doubt over the core-business capabilities of the business. The report states that Emdeon’s clearinghouse business is likely to face...

Analyst Ryan Worst of Brean Murray, Carret & Co maintains his “buy” rating on Penn National Gaming Inc (NASDAQ: PENN). The target price for PENN is set to $35. West Virginia’s vote in favor of tables this Saturday would boost PENN’s growth in 2010, Brean Murray, Carret & Co says. Penn...