Hints and tips:
...Meanwhile, analysts at Sterne Agee downgraded GoPro to “neutral” from “buy” and lowered their price target to $10 from $21, further hurting sentiment on the stock....
...Analysts at Sterne Agee downgraded GoPro from “buy” to “neutral” and lowered their price target from $21 to $10....
...The acquisition — for an undisclosed sum — is the latest in a string of deals since January last year, which includes London-based Oriel Securities, Sterne Agee of Birmingham, Alabama, and Barclays’ US wealth-management...
...The firm has a more balanced focus on investment banking and providing institutional capital markets services then either Houlihan or Sterne Agee....
...Mr McMillon is doing what his predecessors, except founder Sam Walton, failed to do, according to analysts at Sterne Agee....
...“As far as we’re concerned, Under Armour just needs to keep doing what it’s doing because the results are impressive,” said Randall J Konik, an analyst at Sterne Agee....
...“With the reversal of the Easter shift likely to weigh on April and fundamentals at the Gap brand remaining challenged, we remain fairly cautious on this stock,” Ike Boruchow, an analyst at Sterne Agee,...
...Analysts at Sterne Agee said Fossil’s shares “continue to waver in the face of macro pressures, a slowing watch cycle, and looming competition” with the Apple watch coming in April....
...“There are not going to be as many targets fitting [Valeant’s] criteria,” says Shibani Malhotra, an analyst at Sterne Agee....
...Maybe the data points are getting better for the consumer in the US,” said Carter Braxton Worth, a strategist with Sterne Agee....
...“Gap’s much anticipated fall assortment – the first with the entire design team in place – was billed as the harbinger of a turnround,” Ike Boruchow, an analyst at Sterne Agee, said....
...Analysts with Sterne Agee said the results, which were aided by sales of clearance merchandise, demonstrated “improving fundamentals”....
...Analysts with Barclays, Sterne Agee and Citi cut price targets, sending the shares 7 per cent lower to $79.44....
...Sterne Agee, the brokers, said in a note to clients that Alcoa’s strong aerospace position was under-appreciated....
...Coach was under pressure on Wednesday after Sterne Agee downgraded the company to ‘neutral’ from ‘buy’ as the US accessories retailer continues to struggle through a turnround....
...Sterne Agee analyst David Bain said he expected upward revisions to earnings estimates in the next several weeks based on better than expected figures for the first three months of the year....
...Discount retailer TJX Companies, which owns the TJ Maxx, Marshalls and Home Goods brands, fell 2.7 per cent in New York to $60.21, after Sterne Agee downgraded the company from ‘buy’ to ‘neutral’....
...While investors cannot yet buy Twitter in public markets, that did not stop Sterne Agee from issuing a “buy” rating on the tech company ahead of its initial public offering....
...Boeing led the Dow after an upgrade from private brokerage firm Sterne Agee, which raise its price target for the stock to $164 from $120....
...Homebuilders attracted buyers after analysts at Sterne, Agee and Leach initiated coverage of eight companies in the industry. PulteGroup was rated “buy” with the price target of $24....
...Sterne, Agee and Leach research analysts predicted this week that the smartphone market would grow 38 per cent this year and 29 per cent in 2014....
...But analysts at Sterne Agee & Leach said the company would need to take further steps to restore its valuation....
...“The sale of only a partial stake of AIA and only $5bn of potential buybacks leaves us underwhelmed,” wrote analysts at Sterne Agee & Leach in New York....
...“We believe the end game is that profitability in tablets outside of Apple will be non-existent given Amazon’s aggressive pricing stance,” concluded analysts at Sterne Agee in a note....
...However, Shaw Wu of Sterne Agee said 5m was "still a big number" and dismissed higher forecasts as "unrealistic"....
International Edition