Broadpoint Amtech

Analysts at Broadpoint Amtech downgrade Bucyrus (NASDAQ: BUCY) from "buy" to "neutral." According to Broadpoint Amtech, the downgrade in the rating is based on valuation. BUCY’s shares closed at $65.86 yesterday. More Analyst Ratings here

Analysts at Broadpoint AmTech reinitiate coverage of GameStop (NYSE: GME) with a "buy" rating. The target price for GME is set to $21. Gamestop is likely to be able to generate cash flows worth $500 million annually through 2016, Broadpoint AmTech says. The analysts expect GME to witness possible...

Analysts at Broadpoint AmTech maintain their "buy" rating on Marvell Technology (NASDAQ: MRVL). The target price for MRVL has been raised to $25. According to Broadpoint AmTech, the target price revision follows the strong results posted by MRVL for the latest quarter and its robust guidance. MRVL’...

Analysts at Broadpoint Amtech maintain their "buy" rating on Nuance Communications Inc (NASDAQ: NUAN). The target price for NUAN is set to $18. Nuance Communications is scheduled to report its FQ1 2010 results today. Broadpoint Amtech says that it expects “some upside to our $269 million and $0.26...

Analysts at Broadpoint AmTech have maintained their Buy rating for Cisco Systems, Inc. (NASDAQ: CSCO). The company reported EPS of $0.40 for the second-quarter, a 26% year-over-year increase. The consensus EPS forecast was $0.35. The company posted sales of $9.8 billion, which was ahead of...

Analysts at Broadpoint AmTech have released an update on AeroVironment, Inc. (NASDAQ: AVAV). The procurement for the company’s Raven UAS in the DoD’s budget for FY11 is $82 million, which is below analysts’ expectations. Analysts have adjusted estimates to reflect the new Raven funding. Analysts...

Analysts at Broadpoint Amtech maintain their "buy" rating on Microchip Technology Inc (NASDAQ: MCHP), while raising their estimates for the company. The target price for MCHP is set to $34. Microchip Technology has reported its December quarter EPS ahead of expectations, driven by better-than-...

Analysts at Broadpoint Amtech maintain their "neutral" rating on Vocus Inc (NASDAQ: VOCS), while reducing their estimates for the company. Vocus has reported mixed results for Q4, with revenues ahead of the guidance and EPS marginally short of the consensus. However, VOCS has issued its FY2010 EPS...

Analyst Will Gabrielski of Broadpoint Amtech upgrades Jacobs Engineering Group Inc (NYSE: JEC) to "buy." The target price for JEC has been raised to $45. According to Broadpoint Amtech in a research note published yesterday, Jacobs Engineering Group will gain back its margin and EPS leverage as the...

Analyst Will Gabrielski of Broadpoint Amtech maintains his "buy" rating on Foster Wheeler Ltd (NASDAQ: FWLT). The target price for FWLT is set to $42. Foster Wheeler is scheduled to report its Q4 results on February 26. Broadpoint Amtech expects FWLT to post “positive” results for the quarter, with...

Analyst Will Gabrielski of Broadpoint Amtech maintains his "buy" rating on Fluor Corp (NYSE: FLR). The target price for FLR has been reduced from $70 to $62. According to Broadpoint Amtech in a research note published yesterday, the downward revision in the target price is to reflect the softness...

Analysts at Broadpoint AmTech have maintained their Buy rating for Citrix Systems Inc. (NASDAQ: CTXS). Citrix Systems reported strong results for the fourth quarter. The company reported revenue of $451 million which came in well ahead of consensus of $431.5 million. Non GAAP EPS stood at $0.66....

Analysts at Broadpoint AmTech have raised the price target for Intersil Corporation (NASDAQ: ISIL) from $21 to $22. The price target has been raised as analysts believe that the extent of organic and inorganic growth at Intersil is being underestimated. Intersil Corporation posted solid results...

Analysts at Broadpoint Amtech have maintained their Buy rating for QUALCOMM Inc. (NASDAQ: QCOM) with a price target of $55. QUALCOMM Inc. reported EPS of $0.62 for the quarter ended December ahead of analysts’ estimates of $0.56. The company registered sales of $2.69 billion for the quarter which...

Analysts at Broadpoint AmTech have released an update on the Aerospace and Defense industry. Analysts expect most defense primes to report solid results for Q4, FY2009 and strong guidance for 2010. The FY11 DoD budget will be released next Monday. There are expectations of a 2.8% increase over FY10...