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American Airlines Bulls, Bears Battle Over This Level: Where Will The Stock Land?
Tuesday, June 14, 2022 - 12:03pm | 605Read More...American Airlines Group, Inc (NASDAQ: AAL) was falling more than 2% on Tuesday after declining 20% between June 7 and Monday. On Tuesday, the airline announced about 4,500 pilots at three of its regional carriers, Envoy, Piedmont and PSA airlines, would receive large pay increases, with...
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Barclays Fastens Seat Belt for Earnings Growth For Spirit, But Sees Shorter Runway For JetBlue
Monday, March 11, 2019 - 3:26pm | 598Read More...The ultra-low-cost air carrier market still has some spirit, despite overall concerns about consumer demand, Barclays said Monday, while singling out Spirit Airlines Inc. (NYSE: SAVE) as set to fly higher. It’s not all clear skies. While finding favorable tailwinds for Spirit, Barclays warned...
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Why Barclays Is Getting More Bullish On Transportation Stocks
Tuesday, February 27, 2018 - 4:41pm | 453Read More...What Happened Barclay’s recently hosted its 35th annual Barclays Industrial Select Conference, and analyst Brandon Oglenski summarized his takeaways from the airlines and transportation sectors in an investor note. According to Oglenski, investors have reason for optimism in 2018. Ogleski...
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The CSX-Hunter Harrison Story, Pondering The Upside Potential
Tuesday, January 31, 2017 - 8:28am | 206Read More...CSX Corporation (NASDAQ: CSX) has had quite the run in 2017 thus far, as shares have gained over 32 percent year-to-date. The rail-based transportation company has benefited from talks of former CEO of Canadian Pacific Railway Limited (NYSE: CP) Hunter Harrison taking over as chief executive....
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FedEx Shares To 'Take A Near-Term Pause'
Wednesday, December 21, 2016 - 10:49am | 274Read More...Expressing disappointment with the way FedEx Corporation (NYSE: FDX) is ending 2016, Barclays’ Brandon Oglenski mentioned that while volume growth had been softer in FQ2, the operating profit performance at the Ground segment was meaningfully below expectations. Oglenski maintained an...
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Canadian Pacific's Remarkable 4-Year Transformation
Thursday, October 20, 2016 - 3:23pm | 347Read More...Barclays continues to recommend long-term ownership of Canadian Pacific Railway Limited (USA) (NYSE: CP), terming the recent guidance cut as a “rare stumbling block” given the company’s remarkable transformation in the past four years. Barclays noted that Canadian Pacific offers...
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Some Wonder How Cost Efficiencies At CSX Reconcile With Declining Earnings
Thursday, October 13, 2016 - 3:10pm | 268Read More...Barclays reiterated its Overweight rating on CSX Corporation (NASDAQ: CSX) after the company reported better-than-expected third quarter earnings and improved margins in a difficult volume environment. CSX reported third quarter EPS of $0.48, above Barclays’ and consensus $0.46 and...
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Could Q2 Mark The Bottom For Canadian National Railway's Volume Woes?
Wednesday, July 27, 2016 - 9:55am | 410Read More...Barclays analyst Brandon Oglenski is wondering whether the second quarter will mark the bottom for the volume woes of Canadian National Railway (USA) (NYSE: CNI), which reported second-quarter adj. EPS of $1.11, beating both Barclays estimate of $1.05 and consensus view of $1.06. Q2 The analyst...
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Barclays Says CSX 'Could Be Viewed As Cheap'
Thursday, July 14, 2016 - 3:39pm | 257Read More...Barclays said CSX Corporation (NASDAQ: CSX) could be viewed as "cheap" as shares trading only 0.95x the S&P 500. That said, the brokerage maintained its Equal-Weight rating saying the free cash conversion is "subpar" relative to many "quality" industrial stocks...
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Barclays Sees Brexit Effects Spreading To Transport Stocks
Monday, June 27, 2016 - 2:10pm | 357Read More...Barclays analyst Brandon Oglenski sees the effects of Brexit percolating to transport stocks. The analyst sees fundamentals changing in the transportation sector in the wake of the Britain's preference to exit the EU. He likes FedEx Corporation (NYSE: FDX), Canadian Pacific Railway Limited (USA) (...
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Railroad Benchmarking: Canadian Rails Top Barclays' Quarterly Review
Thursday, November 12, 2015 - 1:14pm | 371Read More...Brandon Oglenski of Barclays began a new quarterly research report on the North America Airfreight & Ground Transportation sector. Oglenski benchmarked the major North American railroads on revenue, cost, efficiency and financial measures. Oglenski's first-ever carrier rankings...
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Barclays Reviews CSX Earnings, Says Coal Still 'Buzzkill'
Wednesday, July 15, 2015 - 7:22am | 259Read More...In a report published Wednesday, Barclays analyst Brandon R. Oglenski maintained an Equal-Weight rating and $34 price target on CSX Corporation (NYSE: CSX). The analyst expects coal headwinds to adversely impact the company's Q2 results. "While 2Q results are not as great as advertised...
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Barclays Analyst: FedEx Doing A Lot Of Things That 'Aren't Macro-Contingent'
Wednesday, June 17, 2015 - 1:52pm | 403Read More...FedEx Corporation (NYSE: FDX) came out with worse than expected fourth-quarter results prior to market opening on Wednesday, following which its shares took a beating at the open. Brandon Oglenski, transportation analyst at Barclays, was on CNBC post the earnings release to weigh in on the...
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UPDATE: Barclays Initiates Coverage On C.H. Robinson Worldwide, Inc.
Wednesday, September 10, 2014 - 9:19am | 136Read More...Analysts at Barclays initiated coverage on C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) with an Equal-weight rating and $70 price target Wednesday. Brandon Oglenski sees downside in shares of C.H. Robinson because the recent transformation in business intelligence to broader and faster...
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UPDATE: Barclays Initiates Coverage On Expeditors International of Washington
Wednesday, September 10, 2014 - 9:17am | 109Read More...Analysts at Barclays initiated coverage on Expeditors International of Washington (NASDAQ: EXPD) with an Underweight rating and $38 price target Wednesday. Brandon Oglenski stated,”Seemingly constant pressure on Expeditors has led many to ponder whether these platforms will ever return to...
