Gabelli

Gabelli is out with its report today on Boeing (NYSE: BA), maintaining Buy. In a note to clients, Gabelli writes, "Although we are mindful of the long-term threats to BA by these new entrants, we continue to recommend the stock based on the near-term positive dynamics of the company. These include...

Gabelli is out with its report today on Clarcor (NYSE: CLC), maintaining Hold. In a note to clients, Gabelli writes, "CLC shares rose $1.87 (4.52%) to $43.25, as strong sales and margin improvement helped generate a better than expected quarter. Shares currently trade at a 20% discount to our FY12...

Gabelli has downgraded AngioDynamics (NASDAQ: ANGO) from Hold to Sell.

Gabelli is out with its report today on J.M. Smucker (NYSE: SJM), downgrading SJM from Buy to Hold. In a note to clients, Gabelli writes, "SJM faces several challenges going into FY2012, although the earnings guidance is achievable, we are changing our recommendation to a Hold based on valuation...

Gabelli is out with its report today on TD Ameritrade (NASDAQ: AMTD), maintaining Buy. In a note to clients, Gabelli writes, "We continue to recommend purchase. As a leader in the online brokerage industry, the company is well positioned to participate in the growth and consolidation of online...

Gabelli is out with its report today on Waddell & Reed Financial (NYSE: WDR), maintaining Buy. In a note to clients, Gabelli writes, "Waddell & Reed is well positioned to participate in the growth of managed investment assets. The company has a broad network for distribution through its 1,...

According to Gabelli, Snyder's-Lance (NASDAQ: LNCE) coverage is initiated with a Buy rating. Gabelli said that the new entity will generate a combined $1.6 bn of revenue and approximately $170 mm of EBITDA in 2011, with the full benefits of the merger realized in 2012 and beyond. “ While...

Gabelli is out with its report today on Universal Display (NASDAQ: PANL), maintaining Buy. In a note to clients, Gabelli writes, "Universal Display, headquartered in Ewing, New Jersey, owns several patents for organic LEDs and produces the phosphorescent materials used in production of advanced...

Gabelli is out with its report today on Empire District Electric (NYSE: EDE), upgrading EDE from Hold to Buy. In a note to clients, Gabelli writes, "We have raised our rating on shares of Empire District Electric (to BUY, from Hold. Shares declined 15% yesterday following the announcement of a...

Gabelli is out with its report today on H.J. Heinz (NYSE: HNZ), maintaining Hold. In a note to clients, Gabelli writes, "JCI shares currently trade at 8x FY12 estimated EBITDA and less than 12x our FY12 EPS estimate of $3.30 per share. In our opinion, the recent dip from a high of $41.26 on April...

Gabelli is out with its report today on Johnson Controls (NYSE: JCI), upgrading JCI from Hold to Buy. In a note to clients, Gabelli writes, "JCI shares currently trade at 8x FY12 estimated EBITDA and less than 12x our FY12 EPS estimate of $3.30 per share. In our opinion, the recent dip from a high...

Gabelli has upgraded Johnson Controls (NYSE: JCI) from Hold to Buy and issues a private market value of $49.

Gabelli has upgraded Empire District Electric Company (NYSE: EDE) from Hold to Buy.

Gabelli is out with its report today on Weatherford International (NYSE: WFT), maintaining Buy. In a note to clients, Gabelli writes, "While disappointing earnings, weather and political disruptions, a pending Foreign Corrupt Practices Act investigation and a material weakness in internal controls...

Gabelli is out with its report today on Sinclair Broadcast Group-A (NASDAQ: SBGI), maintaining Buy. In a note to clients, Gabelli writes, "Buy. SBGI trades at 7.2x this year's estimated EBITDA and 6.1x 2012 projections with BCF multiples of 6.4x and 5.5x, respectively. The balance sheet is much...