Ross Gilardi

PACCAR Inc (NASDAQ: PCAR) reported April Class 8 Orders of 166 units, the worst since August 2010. Bank of America Merrill Lynch’s Ross Gilardi upgraded the rating for the company from Neutral to Buy, while raising the price objective from $55 to $70. The analyst commented that the company...

CNH Industrial NV (NYSE: CNHI) shares have lost 21 percent over the past one year. BofA Merrill Lynch’s Ross Gilardi upgraded the rating for the company from Neutral to Buy, while raising the price objective to $8. “The current mood on the global ag equipment markets remains dreary...

On Wednesday, Bank of America Merrill Lynch issued a company note on Allison Transmission Holdings Inc (NYSE: ALSN) following share price underperformance in 2016. Analysts at Bank of America Merrill Lynch upgraded Allison Transmission from Neutral to Buy, while increasing their price target from $...

Shares of Joy Global Inc. (NYSE: JOY) and Cummins Inc. (NYSE: CMI) have declined steadily in 2015 and are down 67 percent and 31 percent, respectively, year-to-date. BofA Merrill Lynch’s Ross Gilardi downgraded the rating on Joy Global from Neutral to Underperform and on Cummins from...

The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Longbow: Shake Shack Trends ‘Picking Up,' Maintains At Neutral Alton Stump of Longbow Research maintained a Neutral rating on shares of Shake Shack...

In a report published Friday, Bank of America Merrill Lynch analyst Ross Gilardi downgraded the rating on United Rentals, Inc. (NYSE: URI) to Underperform, while reducing the price target to $80. The company's pricing power is gradually declining due to the falling crude prices and the slowdown in...

Bank of America issued a company update on Caterpillar Inc. (NYSE: CAT) that said while its lean manufacturing initiatives and free cash flow are positive, there concerns over demand trends for their equipment. Bank of America rates Caterpillar as Neutral with an $85 price target. Analysts Ross...

Analysts at Bank of America downgraded shares of Caterpillar Inc. (NYSE: CAT) from Buy to Neutral and lowered the price target to $121 from $125. Bank of America analysts highlighted several reasons for the downgrade. Ross Gilardi finds a lack of international growth from the firms operations...

In a report published Tuesday, Bank of America analyst Ross Gilardi reiterated a Neutral rating on Timken Company (NYSE: TKR), and raised the price target from $68.00 to $70.00. In the report, Bank of America noted, “Timken is hosting an investor day on Thursday, June 19th. The day will largely...

In a report published Friday, Bank of America analyst Ross Gilardi upgraded Joy Global (NYSE: JOY) from Neutral to Buy and raised the price target from $60.00 to $70.00. Joy Global reported a seven percent second quarter EPS beat and reiterated FY14 guidance, “despite a brutal coal operating...

In a report published Wednesday, Bank of America analyst Ross Gilardi reiterated a Buy rating on United Rentals (NYSE: URI), and raised the price target from $95.00 to $105.00. In the report, Bank of America noted, “We reiterate our Buy rating on URI on the back of its recent agreement to acquire...

In a report published Friday, Bank of America Merrill Lynch analyst Ross Gilardi downgraded Generac (NYSE: GNRC) to Neutral from Buy, lowering its price target to $54.00 from $58.00. According to the report, the downgrade is on the back of the analyst's quarterly dealer survey, along with...

In a report published Monday, Bank of America analyst Ross Gilardi upgraded the rating on Allison Transmission Holdings (NYSE: ALSN) from Neutral to Buy, and raised the price target from $27.00 to $32.00. In the report, Bank of America noted, “We view ALSN as a strong industrial company with a...

In a report published Monday, Bank of America analyst Ross Gilardi upgraded the rating on Caterpillar (NYSE: CAT) from Neutral to Buy, and raised the price target from $87.00 to $100.00. In the report, Bank of America noted, “We upgrade Caterpillar to Buy on the back of our recent visit to its...