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UPDATE: Guggenheim Raises Dollar General's PT
Thursday, May 31, 2012 - 9:01am | 139Read More...According to a research report published this morning, Guggenheim has increased Dollar General's (NYSE: DG) PT from $54 to $57. In the report, Guggenheim commented, "We remain bullish on DG, believing that the company has the potential to deliver at least a 15-20% total return to investors over...
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UPDATE: Guggenheim Upgrades Signature Bank
Tuesday, May 22, 2012 - 9:01am | 122Read More...According to a research report published this morning, Guggenheim has upgraded Signature Bank (NASDAQ: SBNY) from Neutral to Buy. In the report, Guggenheim said, "We believe 25-30% loan growth in 2012 and 2013 is attainable given recent CRE volume and the addition of specialty lending and C&I...
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Benzinga's Top Upgrades with Color for May 21, 2012
Monday, May 21, 2012 - 10:59am | 671Read More...Listed below are today's Top Upgrades at Benzinga: Guggenheim Upgrades Nabors Industries (NYSE: NBR) to Buy: Guggenheim commented in the report, "Our upgrade of Nabors Industries to Buy from Neutral (target $22) is first and foremost a valuation call, supported by a detailed sum of the parts NAV...
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UPDATE: Guggenheim Upgrades Nabors Industries
Monday, May 21, 2012 - 9:49am | 124Read More...According to a research report published this morning, Guggenheim has upgraded Nabors Industries (NYSE: NBR) from Neutral to Buy. Guggenheim commented in the report, "Our upgrade of Nabors Industries to Buy from Neutral (target $22) is first and foremost a valuation call, supported by a detailed...
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UPDATE: Guggenheim Upgrades First Horizon National Corporation to Buy; Improved Book Value
Monday, May 21, 2012 - 7:15am | 96Read More...Guggenheim raises its rating on First Horizon National Corporation (NYSE: FHN) from Neutral to Buy and reduces its price target from $11 to $10. Guggenheim notes, "FHN can continue to buy back excess capital and improve efficiencies in order to enchance profitability over the next two years....
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Benzinga's Top Upgrades with Color for May 18, 2012
Friday, May 18, 2012 - 10:50am | 749Read More...Listed below are today's Top Upgrades at Benzinga: Bank of America Upgrades Synacor (NASDAQ: SYNC) to Neutral: Bank of America notes, "We are upgrading Synacor to Neutral due to the company's moderating valuation versus online media peers. Synacor continues to be a strong fundamental growth story...
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UPDATE: Guggenheim Upgrades Sprint Nextel Corporation to Buy; Strengthening Subscriptions
Friday, May 18, 2012 - 7:13am | 76Read More...Guggenheim raises its rating on Sprint Nextel Corporation (NYSE: S) from Neutral to Buy and raises its price target from $3 to $3.50. Guggenheim notes, "We believe Sprint can meet or beat subscriber expectations for the remainder of this year. In our view, weak subscriber results have been the...
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Benzinga's Top Downgrades With Color for May 9, 2012
Wednesday, May 9, 2012 - 9:52am | 337Read More...Listed below are today's Top Downgrades at Benzinga: Jefferies & Company Downgrades Chipquita Brands (NYSE: CQB) to Hold: Jefferies commented in the report, "Despite management's best efforts to rationalize and grow the business, competitive forces plus a very challenging macro environment in...
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UPDATE: Guggenheim Raises Invesco Mortgage Capital's PT
Tuesday, May 8, 2012 - 8:45am | 87Read More...According to a research report published this morning, Guggenheim has increased Invesco Mortgage Capital's (NYSE: IVR) from $17 to $18. In the report, Guggenheim said, "We Think CPR Improvement Boosted Asset Values. From 4Q11 to 1Q12,the non-agency constant prepayment rate (CPR) increased 120bp to...
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UPDATE: Guggenheim Lowers Devon Energy's PT
Monday, May 7, 2012 - 7:37am | 115Read More...According to a research report published this morning, Guggenheim has decreased Devon Energy's (NYSE: DVN) PT from $95 to $90. In the report, Guggenheim commented, "We are reiterating our BUY recommendation on Devon Energy Corp. We have updated our models with the results from 1Q12 and are...
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UPDATE: Guggenheim Raises Whole Foods Market's PT
Thursday, May 3, 2012 - 7:42am | 91Read More...According to a research report published this morning, Guggenheim has increased Whole Foods Market's (NASDAQ: WFM) PT from $75 to $90. Guggenheim commented in the report, "2Q comps remained strong at 9.5% (9.0%, ex. the Easter benefit) and continue to be driven by traffic—7.0%+ vs. 6.0% in 1Q....
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UPDATE: Guggenheim Raises Visa's PT
Thursday, May 3, 2012 - 7:39am | 109Read More...According to a research report published this morning, Guggenheim has increased Visa's (NYSE: V) PT from $118 to $130. In the report, Guggenheim commented, "Earnings risk from changing debit regulation appears to be easing; however, we expect weak debit volume trends will continue while U.S....
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Benzinga's Top Upgrades with Color for May 1, 2012
Tuesday, May 1, 2012 - 10:15am | 985Read More...Listed below are Benzinga's Top Upgrades for today: Wedbush Securities Upgrades American Eagle Outfitters (NYSE: AEO) to Outperform: Wedbush commented, "We are upgrading shares of AEO to OUTPERFORM from NEUTRAL, following strong checks, as we believe the company is at the cusp of earnings growth...
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UPDATE: Guggenheim Upgrades CapitalSource; Raises PT
Tuesday, May 1, 2012 - 7:13am | 86Read More...According to a research report published this morning, Guggenheim has upgraded CapitalSource (NYSE: CSE) from Neutral to Buy, and raised PT from $7.25 to $8. In the report, Guggenheim said, "Our upgrade rationale is based upon CSE transitioning to a measured growth story with the run-off of the...
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UPDATE: Guggenheim Lowers MetroPCS' PT
Friday, April 27, 2012 - 9:49am | 79Read More...According to a research report published this morning, Guggenheim has decreased MetroPCS' (NYSE: PCS) PT to $9. In the report, Guggenheim said, "Upgrades exceeded gross adds by ~50%. It is unclear why PCS's handset promotions during 1Q were so much more effective in driving upgrades than in...

