BMO Capital

Despite the strong jobs report seen in June, analysts at BMO Capital Markets are still not sold on staffing stocks in Q2. While analysts believe June was a better month for most providers, it likely was not enough to save the quarter. BMO Capital Markets analysts expect a sequential slowdown from...

BMO said investors should be "pleased" with the acquisition of Anvato by Google, owned by Alphabet Inc (NASDAQ: GOOGL). Anvato provides a software platform that fully automates the encoding, editing, publishing and secure distribution of video content across multiple platforms. The...

BMO maintains its Market Perform rating on MSC Industrial Direct Co Inc (NYSE: MSM), expressing concern over the company's weak operating environment. The company's third quarter EPS came in better than expected as slow sales were offset by cost reductions. But, fourth-quarter sales and guidance...

As multiple suitors line up to acquire Medivation Inc (NASDAQ: MDVN), BMO Capital said a winning bid will require an acceptable value for Talazoparib, likely a premium over the $410 million upfront payment to BioMarin Pharmaceutical Inc. (NASDAQ: BMRN). The Talazoparib Issue Last year, Medivation...

BMO Capital provided its analysis on Lululemon Athletica inc. (NASDAQ: LULU) on Thursday. The analysts stated the company is the only brand in their data that posted declining quarter-to-date markdowns. They believe the company, with 5 percent markdowns, is beginning to anniversary the negative...

BMO Capital Markets has upgraded ,strong>DavidsTea Inc (NASDAQ: DTEA) to Outperform, as it believes the company is well positioned to achieve its long-term earnings goals. "We believe DTEA's modern in-store experience, innovative culture, attractive market positioning, and track record of strong...

BMO Capital provided its analysis on American Eagle Outfitters (NYSE: AEO) on Thursday, keeping the firm's conservative outlook steady. The analysts believe the competitive pricing strategies from other companies, such as Abercrombie & Fitch Co. (NYSE: ANF), caused Eagle to increase its...

BMO Capital recently lowered its EPS estimates for Abercrombie & Fitch Co. (NYSE: ANF). In its report published Thursday, the analysts reiterated their Market Perform rating on the company, but reduced the Q2 EPS estimate to $0.11 from $0.14 and the 2016 EPS estimate to $0.74 from $0.77....

BMO Capital kept its Market Perform rating on Comerica Incorporated (NYSE: CMA), but lowered the estimates and price target. It now has a one-year price target of $41, down from $45, which is based on 0.95x 2017 estimated year-end TBV per share of $43. The analysts mentioned they are unsure about...

BMO Capital provided its analysis on Huntington Bancshares Incorporated (NASDAQ: HBAN), stating the company had the most disappointing CCAR among the regional banks. In the report published Wednesday, the analysts mentioned Huntington had the lowest minimum stressed CET1 of the regionals at 5.6...

BMO Capital's James Fotheringham argued consumer finance stocks were among the most undervalued sectors since the United Kingdom voted for its independence. "Post-Brexit, domestic consumer lenders are our favored stocks within our coverage universe of U.S. Large-cap Banks and Specialty Finance...

  Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on GDP growth for the first quarter will be released at 8:30 a.m. ET, while the S&P/Case-Shiller home price index for April will be released at 9:00 a.m. ET. The Conference Board's consumer...

BMO Capital analysts Paul Adornato and Thomas Polise spoke to Vereit Inc (NYSE: VER) regarding investors' concerns. However, the brokerage reiterated its rating of Outperform, kept a price objective of $11.00 on the shares of the company and sees 19 percent return from the current levels. The two...

BMO Capital says the 15 percent drop in Synchrony Financial (NYSE: SYF) shares after the company revised its new credit guidance is an overreaction. Furthermore, the recent pullback creates a "compelling" buying opportunity. However, the shares recovered about 3 percent Wednesday. "SYF shareholders...