Miller Tabak

Miller Tabak reduced its rating on Arrow Electronics (NYSE: ARW) from Buy to Neutral. Miller Tabak noted, "We adjust our September quarter estimates slightly for lower sell though at the component and ECS level. Investors are unlikely to turn bullish on the shares until the component segment...

Miller Tabak initiated coverage on Clayton Williams Energy (NASDAQ: CWEI) with a Buy rating and a price target of $95 per share. Miller Tabak said, "We are initiating coverage on Clayton Williams Energy with a Buy rating and setting a $95 price target. We also feel the Senior Notes yielding ~7.5...

Miller Tabak reiterated its Buy rating on Guess (NYSE: GES) but lowered its price target from $40 to $35. Miller Tabak noted, "The likelihood North American sales and margin issues may persist into next year is the primary reason for the less optimistic 2013 outlook. In the near term, we think...

Miller Tabak reduced its rating on Willis Group Holdings (NYSE: WSH) from Buy to Hold and lowered its price target from $40.38 to $36.20. Miller Tabak commented, "After 2Q 2012, we now see WSH as having failed for four consecutive quarters to demonstrate a clear upturn in its operating metrics...

Miller Tabak initiated its coverage on Rosetta Resources (NASDAQ: ROSE) with a Sell rating and a price target of $35 as NGL pricing weighs the company down in the near-term. Miller Tabak commented, "NGL pricing plummeted during Q2 as a result of a rapid increase in production from liquids-rich...

Miller Tabak initiated coverage on Sanchez Energy (NYSE: SN) with a Buy rating and a price target of $23 on the company's sizable Eagle Ford position. Miller Tabak said, "The company has amassed a sizeable acreage position in the “oil window” of the Eagle Ford shale and initial results from...

Miller Tabak raised its rating on Chipotle Mexican Grill (NYSE: CMG) from Hold to Buy while maintaining its price target at $350. Miller Tabak noted, "CMG's share price has fallen 34% from its 52-week high reached in April, with the majority of this decline occurring just since last week's...

Miller Tabak initiated its coverage on Bonanza Creek Energy (NYSE: BCEI) with a Buy rating and a price target of $28 a share. Miller Tabak noted, "Bonanza Creek is a Denver-based independent exploration and production company with over 81,000 acres in the Rocky Mountains and the Mid-Continent....

Miller Tabak initiated coverage on American Realty Capital Trust (NASDAQ: ARCT) with a Strong Buy rating and a price target of $12.62 in a research report published today. In the report, Miller Tabak noted, "We believe ARCT's specialty -- investment-grade retail space sale/leasebacks to owners...

Miller Tabak reduced its rating on Smithfield Foods (NYSE: SFD) from Buy to Neutral and reduced the company's price target from $26 to $24. In the report, Miller Tabak noted, "We are lowering our rating on shares of SFD to Neutral from a Buy, as a result of the significant deterioration in the...

Miller Tabak reiterates a Buy rating on Domino's Pizza (NYSE: DPZ) decreases it price target from $41 to $39. Miller Tabak remarks, “We maintain our Buy rating on Domino's Pizza (DPZ) given our outlook for continued positive comp growth in the U.S. and overseas even amid a slow global growth...

Miller Tabak reiterates its Buy rating on The Walt Disney Company (NYSE: DIS) and raises its short-term price target from $48 to $53. Miller Tabak says, "Catalysts: 1) Today, Disneyland's California Adventure theme park opens four new attractions: Cars Land (a 12-acre park expansion) with three...

Miller Tabak lowers its long-term price target on Buy-rated Love Nation Entertainment (NYSE: LYV) from $18 to $17. Miller Tabak notes, "We are revising our Live Nation Entertainment (LYV-$9.39-Buy-ST Target $12, LT $17) estimates to reflect 1Q12 results that were in-line to slightly-better than...

Listed below are today's Top Upgrades at Benzinga since market open: FBN Securities Upgrades Aruba Networks (NASDAQ: ARUN) to Outperform: FBN Securities comments, "We are upgrading shares of ARUN from Sector Perform to Outperform and lower our PT from $24 to $18. As we publish this note, shares...