CLSA

CLSA analysts Steven Fox and Elizabeth Barnum reiterated their Buy rating and $36 price target for shares of Avnet, Inc. (NYSE: AVT). CLSA hosted the AsiaUSA Forum in San Francisco, which Avnet's CEO Roy Vallee and Vince Keenan, VP of IR, attended. The CLSA analysts said of the meetings, "our sense...

Analyst Rob Rutschow of CLSA upgrades NYSE Euronext (NYSE: NYX) from "underperform" to "outperform," while raising his estimates for the company. The target price for NYX has been raised from $26 to $27. According to CLSA, NYSE Euronext has made considerable progress in consolidating platforms and...

CLSA believes that Range Resources (NYSE: RRC) sits on significant long-term value as it reported an 18% increase in reserves and a 20% jump in net Marcellus potential. Even while conservatively booking 1.2 well locations per proved location in the Marcellus, PUDs rose to 45% of proved reserves...

The DOE's latest actual numbers for coal stocks in November were at 206.6mst, or 85 days of supply. This is up 2.4% MoM and 24.7% YoY in absolute tons. Analysts from CLSA estimate utility inventories at the end of December were 72 days of supply, or 199.9 mst, 15.8% lower for days of supply and 3.2...

Analysts from CLSA lowered their 4Q09 estimates on Walter Energy, Inc. (NYSE: WLT) from $0.60/sh to $0.40/sh. The earnings revision is due to weak exports out of the port of Mobile. Based on industry estimates, the port of Mobile exported 1.6 million tons of coking coal during the quarter....

Analysts at CLSA maintain their "buy" rating on MasterCard (NYSE: MA). The target price for MA is set to $334. According to CLSA, sources within the payment industry suggest that MasterCard MasterCard Introduces a Gift Card will implement a price increase in the domestic market on April 1, 2010....