ISI Group

ISI Group initiated coverage on Forest City Enterprises (NYSE: FCEA) with a Strong Buy rating and a $22 price target. ISI Group analyst Samit Parikh noted, "Forest City is a deep value investment in our opinion, trading at a 37% discount to our ~$27 NAV (8.2% implied cap rate), and 15% discount...

In a report published Wednesday, ISI Group analyst Brian Marshall reiterated his Neutral rating on Hewlett-Packard Company (NYSE: HPQ). In the report, Marshall noted, “We hosted a conference call today with HPQ's Bethany Mayer (SVP and GM, Networking) to gather insight on HP Networking (HPN), one...

ISI Group analyst George Auerbach published a report on Kilroy Realty (NYSE: KRC) that maintained its Buy rating and raised its price target from $53 to $55. ISI Group reported that, “Over the past two years KRC has significantly ramped up its development pipeline, which now has a total estimated...

In a report published Monday, ISI Group reiterated its Buy rating and $23.00 price target on TD Ameritrade Holding Corp. (NYSE: AMTD). ISI Group noted, “AMTD's February metrics were roughly in line with expectations, though IDA balances are trending lower than forecast, though this is offset by...

In a report published Monday, ISI Group reiterated its Neutral rating and $35.00 price target on U.S. Bancorp (NYSE: USB). ISI Group noted, “We are reducing our 2013 EPS estimate by $0.05 mainly to reflect a modestly lower mortgage banking revenue outlook, slightly slower loan growth, and slightly...

In a report published Monday, ISI Group reiterated its Neutral rating on Cablevision Systems Corporation (NYSE: CVC), but slightly lowered its price target from $15.00 to $14.00. ISI Group noted, “We still think Cablevision shares will find it difficult to work materially in an environment where...

In a report published Monday, ISI Group reiterated its Buy rating on Citigroup (NYSE: C), and raised its price target from $46.00 to $53.00. ISI Group noted, “The good news is we've had a Buy rating on C for quite a while. However, upon further analysis, we now think our EPS estimates were simply...

ISI Group upgraded Meritage Homes (NYSE: MTH) from Buy to Strong Buy and raised the price target from $51.00 to $53.00. ISI Group noted, "We believe this management has created a strong, sophisticated operational platform that allows for useful growth both within current markets and into new...

In a report published Friday, ISI Group reiterated its Neutral rating on UIL Holdings Corporation (NYSE: UIL), and slightly raised its price target from $36.00 to $37.00. ISI Group noted, “UIL initiated 2013 EPS guidance of $2.05-$2.25 vs. consensus of $2.30 and ISI at $2.20. FY12 EPS were $2.02...

ISI Group maintained Texas Instruments (NASDAQ: TXN) with a Buy rating and raised the price target from $37.00 to $39.00. ISI Group said, "Management raised its prior outlook of $2.69b to $2.91b (-6% qoq to the midpoint)to $2.80B to $2.91B. In terms of specifics, the company continues to expect a...

ISI Group maintained Westar Energy (NYSE: WR) with a Buy rating and raised the price target from $33.00 to $34.50. ISI Group noted, "We are raising our '13-'15 EPS forecast and target price to $34.50 from $33. We now forecast EPS of $2.09 / $2.17 / $2.29 vs. $2.05 / $2.15 / $2.25, reflecting...

In a report published Tuesday, ISI Group reiterated its Buy rating on Texas Instrument (NYSE: TXN) and $37.00 price target, as potential for strong cycle grows. ISI international reported that, “TI is scheduled to host its mid quarter update after the close on Thursday. We expect the company to...

ISI Group downgraded AmerisourceBergen (NYSE: ABC) from Strong Buy to Buy and raised the price target from $51.50 to $53.00. ISI Group commented, "AmerisourceBergen shares have advanced ~23% since October 2012, massively outperforming both the Healthcare Index (XLV) and the broader S&P 500 by...

In a report published Monday, ISI Group reiterated its Neutral rating on Best Buy Co. (NYSE: BBY). ISI Group noted, “Despite the positive comp and flattish gross margins, domestic operating profits were still down a concerning 150bps. We applaud management beginning to tackle the unnecessarily...

In a report published Monday, ISI Group upgraded its rating on Intersil Corp. (NASDAQ: ISIL) from Sell to Cautious, and reiterated its $7.00 price target. ISI Group noted, “We are again raising ratings, price targets, and estimates for names within our coverage group with high exposure to the...