JP Morgan

Business seems to have been below plan in the retail industry’s apparel segment. JP Morgan’s Matthew R. Boss downgraded the rating for Boot Barn Holdings Inc (NYSE: BOOT) from Overweight to Neutral, while reducing the price target from $11 to $7. Recent field work suggests the...

JP Morgan’s Noah R. Parquette expects crude tanker fleet efficiency to increase as a result of improved balance between global oil production and consumption in 2016 and 2017. “Combined with the orderbook, we look for crude tanker rates to fall as a result of this effective supply...

The French competition, consumer and fraud agency, the DGCCRF, is reportedly seeking a $55.3 million fine from Apple Inc. (NASDAQ: AAPL), saying that the company is maintaining unfair carrier contracts that grant it excessive control. The DGCCRF has reportedly asked Apple to remove ten clauses...

On Friday, JPMorgan analysts Rod Hall and Ashwin Kesireddy issued a technology industry note highlighting Apple Inc. (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) after reports of Nest's (Alphabet's programmable thermostat) struggles in the market and anticipated demand for Apple's...

JP Morgan’s Jeffrey J. Zekauskas downgraded the rating for Scotts Miracle-Gro Co (NYSE: SMG) from Overweight to Neutral, with a price target of $70, citing uncertainties created by the company’s recent several transactions. Scotts Miracle-Gro’s shares have appreciated 14.8...

JP Morgan’s Ann Duignan maintained a Neutral rating for Caterpillar Inc. (NYSE: CAT), with a price target of $60, after the company preannounced its 1Q revenue sand EPS. Caterpillar announced that its 1Q results will reflect the seasonal weakness witnessed historically. The company...

JP Morgan’s Noah R. Parquette downgraded the rating for GasLog Ltd (NYSE: GLOG) from Neutral to Underweight, while upgrading the rating for GasLog Partners LP (NYSE: GLOP) from Underweight to Neutral. The analyst cited a forecasted dividend cut by the parent company. GasLog is expected to...

JP Morgan’s Michael A Glick mentioned that investors should stay selective after the recent rally in E&P stocks. The analyst recommended investment in companies that can sustain or quickly reestablish positive operating momentum as the overall industry begins to fight the decline curve...

JPMorgan issued a note on Cheniere Energy, Inc. (NYSE: LNG) after recent analysis revealed visible project catalysts that may drive shareholder value. Analysts initiated coverage of Cheniere Energy with an Overweight rating and a $54 price target. Analysts Jeremy Tonet wrote, “We initiate...

JP Morgan’s Paul Coster initiated coverage of Solaredge Technologies Inc (NASDAQ: SEDG) with an Overweight rating and a price target of $34. Analyst Paul Coster believes that SolarEdge offers investors technology-differentiated and unit-driven exposure to growth in the distributed solar...

JP Morgan’s Paul Coster downgraded the rating for SolarCity Corp (NASDAQ: SCTY) to Neutral, while reducing the price target from $44 to $29. While SolarCity’s shares appear undervalued, there is currently elevated risk and uncertainty around the business model, which could exert...

JP Morgan’s Sterling Auty maintained an Overweight rating for Rovi Corporation (NASDAQ: ROVI), while raising the price target from $23 to $34. He added that the deal between AT&T Inc. (NYSE: T) and DIRECTV (NASDAQ: DTV) is likely to have received preferential pricing due to its size as...

A new report by JP Morgan analyst Jamie Baker includes some promising projections for the U.S. airline industry. Despite dialing back price targets by an average of about 8.0 percent across the board, Baker explains that airlines are well-positioned moving forward, even in the event of an...

JPMorgan on Wednesday issued a report on the Baltic Dry Index amid concerns of a global economic slowdown. The Baltic Dry index recently traded at $310.00. Analyst Noah R. Parquette wrote, "The Baltic Dry Index fell to 303 with only Panamax rates not falling. Tradewinds reported that...