BMO Capital

Ahead of Friday's earnings release, investor sentiment toward Deere & Company (NYSE: DE) remains weak, as there is near unanimity among analysts for the third quarter to be lackluster. Across The Street The Street consensus calls for an EPS of $0.94, with some estimates coming above $1, while...

  Pre-open movers U.S. stock futures traded lower in early pre-market trade. Data on motor vehicle sales for July will be released today, while personal income and consumer spending data for June will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average dropped 35...

For the first time ever, Netflix, Inc. (NASDAQ: NFLX) provided investors with a breakdown of its produced content and licensed content assets in the notes to the consolidated financial statements in its 10-Q release dated July 19, 2016. Produced content includes Netflix's library of original...

BMO maintained its Outperform rating on IHS-Markit Ltd (Markit Ltd (NASDAQ: INFO)) as it is bullish on the merger between Markit Ltd (formerly (NASDAQ: MRKT)) and IHS Inc. (formerly (NASDAQ: IHS)). The rating reiteration follows a meeting with management. The comments come as IHS Markit provided...

BMO said First Republic Bank (NYSE: FRC) is a high-quality bank that is likely to be a main beneficiary of lower long-term rates. The firm maintains a Market Perform rating on the stock. The second quarter was a record loan production quarter for the bank, with originations of $6.5 billion, up 11...

Keith Bachman of BMO Capital Markets is concerned that Microsoft Corporation (NASDAQ: MSFT) can't sustain its profit growth due its over-dependence on personal computing products. Upcoming Quarterly Results "We are concerned that MSFT is generating all operating profit growth in More Personal...

Automotive sales continue to be an important market for the semiconductor industry, making up about 9 percent of the sector's overall sales. The segment continues to outpace the overall semiconductor market, growing at a 6 percent CAGR over the last five years. As new cars continue to be more...

BMO expects Fastenal Company (NASDAQ: FAST) to benefit from three separate sales drivers in 2017 after the company's second-quarter results lagged Street view. Fastenal said it earned $131.52 million or $0.45 a share for the second quarter, which was down from $140.36 million, or $0.45 a share, in...

Name brand consumer goods continue to outpace private labels. U.S. edibles sales have increased 0.8 percent in the past 12 weeks according to a new report by BMO Capital Markets. Total branded value sales of name brands continue to surpass private label units with an increase of 1.5 percent...

BMO thinks Retrophin Inc (NASDAQ: RTRX) shares should touch $20 even in a worst case scenario where the upcoming Phase II DUET data for Sparsentan in FSGS delivers no benefit or unacceptable edema rates. Retrophin is BMO's top small-cap biotech pick, as it believes "shares are undervalued given...

BMO Capital Markets has initiated coverage of Ingersoll-Rand PLC (NYSE: IR) with an Outperform rating and $80 price target, which implies an upside of 20 percent from current levels. The brokerage's bullish thesis is centered on "1) a reasonably valued stock; 2) huge upside potential for returns;...

BMO Capital’s Keith Bachman expressed increased confidence in Oracle Corporation (NYSE: ORCL) being able to meet the estimates and the consensus, as well as generate operating income growth. Bachman upgraded the rating on the company from Market Perform to Outperform, while raising the price...