BMO

BMO Capital Markets views Newmont Mining Corp (NYSE: NEM)'s recently announced sale of stake in the Indonesian mine as a positive development as it de-levers the risk profile of Newmont. Newmont agreed to sell its 48.5 percent stake in the operator of the Batu Hijau copper and gold mine in...

Greif, Inc. (NYSE: GEF) faces a downside risk to targets if the U.S. dollar continues to strengthen. The dollar gained 0.59 percent against the euro to 1.1087. However, the pound gained for the first time since the U.K.'s vote to leave the European Union and rose 0.92 percent against the dollar to...

BMO predicts an improvement in the system-wide fundamental credit quality over the next year-and-a-half and suggests "Value versus Growth" analysis remains the best way to generate investment ideas. BMO's call comes as the system-wide fundamental credit quality this quarter...

BMO has raised its cash flow and earnings per share estimates for Devon Energy Corp (NYSE: DVN) saying that the use of Midland Basin sale proceeds for capital expenditure and increased guidance for core production should be accretive to earnings. The brokerage has increased its 2016 estimates for...

Gerrick Johnson of BMO Capital Markets recently met with Activision Blizzard, Inc. (NASDAQ: ATVI)'s management team at the E3 video game exposition and detailed his discussions in a research note on Thursday. Johnson stated that the highlight of Activation's E3 presence was not from the show floor...

Keith Bachman of BMO Capital Markets has launched coverage of NetSuite Inc (NYSE: N) with a Market Perform rating and $90 price target, saying that the company will continue its mid-market leadership position, but doesn't have a scalable product to cater large businesses. "We believe that NetSuite...

Shares of Twitter Inc (NYSE: TWTR) continued its rally on Tuesday after investors were optimistic that Microsoft Corporation (NASDAQ: MSFT)'s $26.2 billion agreement to buy LinkedIn Corp (NYSE: LNKD) may trigger another deal in the social media space. 'Sympathetic' Twitter But, BMO said Twitter is...

BMO has raised the price target of Dollar Tree, Inc. (NASDAQ: DLTR) to $95 from $84 and sees a 7 percent upside in shares, after the discount retailer reported a better-than-expected first quarter and raised 2016's EPS outlook on favorable cost management. Analysis "While we have ongoing concerns...

BMO prefers Qorvo Inc (NASDAQ: QRVO) over Skyworks Solutions Inc (NASDAQ: SWKS) on valuation metrics, while initiating coverage of Skyworks at Market Perform with a $69 price target. "Along with Broadcom Ltd., and Qorvo, Skyworks is one of the 'three horsemen' in the RF semi space," analyst Ambrish...

BMO Capital Markets has downgraded Xtera Communications Inc (NASDAQ: XCOM) to Market Perform from Outperform after the company reported a weak quarter due to balance sheet issues. Disappointing Q2 Xtera's second-quarter revenues, gross margins, operating margins and EPS were lower than expected, as...