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Sovran Self Storage Shares Fall As BMO Downgrades
Wednesday, May 18, 2016 - 8:19am | 213Read More...BMO Capital Markets' Paul Adornato downgraded Sovran Self Storage Inc (NYSE: SSS) from Outperform to Market Perform while increasing the price target from $114.00 to $120.00. "We still believe the Self Storage REIT sector will likely experience strong internal growth throughout 2016 and into 2017...
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BMO Responds To Sysco's Q3 Results, Says 'Plan Is Working'
Wednesday, May 4, 2016 - 12:51pm | 339Read More...BMO raised the EPS estimates and price target on the shares of SYSCO Corporation (NYSE: SYY) after the food distributor reported better-than-expected third-quarter earnings on favorable weather and the Easter holiday. Sysco reported adjusted EPS of $0.46, versus BMO's forecast of $0.41 and...
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The 60/40 Portfolio Strategy May Be Broken For The First Time In History
Wednesday, April 20, 2016 - 3:11pm | 340Read More...The traditional 60/40 portfolio investment strategy may now be obsolete. According to BMO Global Asset Management Head of Multi-Asset Solutions Lowell Yura, the strategy of a balanced portfolio of 60 percent equities and 40 percent bonds will likely dramatically underperform its historical gains...
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BlackBerry Analysts Not Convinced Following Q4 Results
Monday, April 4, 2016 - 2:14pm | 582Read More...Shares of BlackBerry Ltd (NASDAQ: BBRY) fell as much 4.5 percent after the company's sales missed Street forecast. The company also hinted that it may exit hardware business if it fails to achieve break-even by September. The following is Wall Street's take on the results. Goldman...
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BMO Valeant Reaction: 10-K Could Give Investors Confidence To Value Shares Above $60
Monday, March 21, 2016 - 3:20pm | 247Read More...Valeant Pharmaceuticals Intl Inc (NYSE: VRX) shares are selling off on Monday afternoon, following a higher morning amid news that the company will move on from its current CEO. The stock is still up 6 percent on the day. While Wall Street's reaction is mixed, one analyst is giving his...
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There's A 60% Chance The Economy Keeps Firing, And A 20% Chance Everything Goes To Hell
Monday, March 21, 2016 - 2:32pm | 325Read More...BMO Global Asset Management just released its 2016-2021 Global Investment Five-Year Outlook. According to the new report, the most likely global economic scenario is moderately bullish growth. BMO calls its base-case scenario “firing on more than one cylinder.” The firm sees a 60...
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Chipotle Will Face Continued Food Safety Risk, Doctor Warns
Tuesday, March 15, 2016 - 12:36pm | 357Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) is not out of the foodborne illness woods yet, according to BMO Capital Markets. Andrew Strelzik, BMO analyst, breakfasted with Dr. Randy Worobo, a food safety specialist. During the meal, the analyst and doctor discussed food safety, supply chain issues and...
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Wall Street Loves Texas Roadhouse After Q4 Earnings
Tuesday, February 23, 2016 - 5:40pm | 554Read More...Shares of Texas Roadhouse Inc (NASDAQ: TXRH) surged more than 12 percent Tuesday after it reported an upbeat earnings for the fourth quarter. The restaurant operator earned $0.32 for the fourth quarter, and the number topped Street view by $0.02. Comparable sales increased 4.5 percent at...
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Buffalo Wild Wings Soars On Analyst Confidence
Thursday, February 4, 2016 - 5:27pm | 383Read More...Analysts were generally optimistic about Buffalo Wild Wings' (NASDAQ: BWLD) chances heading into 2016 after the company reported slacking fourth quarter sales. Bearish analysts saw weakness in the restaurant industry as reason to be hesitant, while others see the wing slinger in a good...
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Facebook Absolutely Crushed Earnings And The Street Is Loving It
Thursday, January 28, 2016 - 4:02pm | 342Read More...Facebook Inc (NASDAQ: FB) stock is up more than 15 percent on Thursday following a big earnings beat. The social media giant reported fourth quarter earnings of $0.79 per share versus estimates of $0.68, and revenue of $5.84 billion versus estimates of $5.37 billion. Here’s what Wall...
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Why Pioneer Natural Resources Is 'Making All The Right Moves'
Tuesday, January 12, 2016 - 2:29pm | 222Read More...BMO Capital Markets upgraded Pioneer Natural Resources (NYSE: PXD) to Outperform from Market Perform and maintained its $155 target price. The firm issued its research report on Tuesday, noting that "Pioneer has made all the right moves over the past 1-2 years in terms of positioning the...
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JPMorgan: The Day After
Wednesday, October 14, 2015 - 1:24pm | 389Read More...JPMorgan Chase & Co. (NYSE: JPM) reported mixed Q3 earnings. Wall Street firms Macquarie, Buckingham, BMO and Morgan Stanley remain bullish on the stock. Oppenheimer is concerned by the company’s lack of revenue growth. On Tuesday, JPMorgan reported core earnings per share (EPS) of $1...
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Making Sense Of The Enormous BMO-GE Deal
Friday, September 11, 2015 - 12:37pm | 387Read More...Bank of Montreal (USA) (NYSE: BMO) announced it will acquire General Electric Company (NYSE: GE)'s Transportation Finance Business in the US and Canada. Analysts at CIBC note the deal is a "positive" for Bank of Montreal. The deal is expected to be accretive (three percent annualized) to Bank of...
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Exclusive: BMO Isn't Sweating China
Thursday, August 27, 2015 - 1:07pm | 481Read More...Major U.S. markets bounced back on Wednesday, as the S&P 500 erased nearly 73 points of its recent pullback. However, since China is at the center of all of this market volatility, the fact that China’s Shanghai Index fell for the fifth consecutive day and is down 22 percent during that...
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B-Dubs Stock Volatile, But The Pros Are Still Playing It
Wednesday, July 29, 2015 - 3:58pm | 685Read More...Shares of Buffalo Wild Wings (NASDAQ: BWLD) were trading higher by more than 12 percent on Wednesday after the company reported its second-quarter results after Tuesday's market close. Here is a summary of what Wall Street's top analysts are saying. Stephens: ‘Most Encouraged' By Same-Store Sales...












