Compass Point

Compass Point reiterated a Buy rating on Diebold Incorporated (NYSE: DBD) and lowered its price target from $48 to $45. Compass Point noted, “Following 2Q12 results we reiterate our Buy rating. Our revised Adjusted EPS estimates are $2.63 this year ($2.70 previously) and $3.00 next year ($3.10...

Compass Point maintained a Buy rating on One Liberty Properties (NYSE: OLP) and raised its price target from $18 to $21. Compass Point commented, “Our price target increase reflects declining cap rates among OLP's portfolio of triple net leased retail, office, and industrial buildings as well as...

Compass Point raised its rating on Fifth Third Bancorp (NASDAQ: FITB) from Neutral to Buy and increased its price target from $15 to $17. Compass Point noted, "We believe FITB presents a very attractive risk-reward prior to the Fed's announcement on whether FITB will be permitted to increase...

Compass Point maintained a Neutral rating on People's United Financial (NASDAQ: PBCT) and lowered its price target from $13 to $11. Compass Point noted, “We maintain our Neutral rating and lower our price target to $11 following the release of 2Q12 results. Reported results were in-line with our...

Compass Point upgraded NCR Corporation (NYSE: NCR) from a Neutral to a Buy rating and increased its price target from $24 to $30. Compass Point wrote, “Our new $30 price target equals 12x our estimate of this year's EPS. NCR appears well positioned for growth over the next several years,...

Compass Point initiated coverage on Agree Realty Corporation (NYSE: ADC) with a Buy rating and a price target of $28 a share. Compass Point noted, "After years of sleepy growth and the sizeable Borders speed bump, management's recent shift to a more aggressive asset management strategy is solving...

Compass Point initiated its coverage on Yadkin Valley Financial Corporation (NASDAQ: YAVY) with a Neutral rating and a price target of $3.20. Compass Point noted, "Continued declines in performing impaired loans and NPLs should bode well for declining NCOs in future quarters. Additionally, with...

Compass Point reiterated its Sell rating on KB Homes (NYSE: KBH) and raised its price target from $6.50 to $8. In the report, Compass Point noted, "We view KBH's strategy of aggressive growth in the midst of improving market fundamentals as positive for revenue growth but are uncertain that KBH...

According to a research report this morning, Compass Point raises its PT on Avalon Bay Communities (NYSE: AVB) from $141 to $144.50. Compass Point stated, “We continue to view AVB's high quality portfolio as the strongest in the industry, and while we believe the stock has limited upside and is...

Compass Point reiterates its Buy rating on SunTrust Banks (NYSE: STI) and cuts its price target from $31 to $29. Compass Point comments, "We expect the low rate environment to continue to weigh on interest income growth as loan and securities are recycled into lower rate assets. Loan growth, ~$8B...

According to a research report published this morning, Compass Point has downgraded Hudson City Bancorp (NASDAQ: HCBK) from Buy to Neutral, and lowered PT to $7. In the report, Compass Point said, "We are downgrading the shares of HCBK to Neutral. In their recent 10-Q filing, HCBK disclosed that...

According to a research report published this morning, Compass Point has increased Howard Hughes' (NYSE: HHC) PT from $75 to $77. Compass Point commented in the report, "HHC reported in line NOI for 1Q12, better than expected land sales at Summerlin, and impressive results from The Woodlands...

Compass Point initiates its coverage on Federal Agricultural Mortgage Corporation (NYSE: AGM) with a Buy rating and a price target of $41 per share on a company that is a key credit provider to Rural America. Compass Point comments, "Originations will benefit from an improving economy, but...

Compass Point maintains its Buy rating and $31 price target on Cardtronics (NASDAQ: CATM) as the company reports 11% in domestic same store sales growth for Q1. Compass Point comments, "Domestic SSS growth was 11%, compared to 5% last quarter and 3.8% a year ago, setting the new high water mark...

According to a research report this morning, Compass Point lowers its PT from $8.50 to $7 on Hudson City Bancorp (NASDAQ: HCBK) following the company's decision to reduce loan production and build capital. Compass Point explained, “Thus, given that the company is putting the brakes on its bread...