BMO

In a client note on Wednesday, analysts at BMO Capital Markets listed a number of different contrarian investment ideas. The analysts wrote that "these ideas mostly highlight the prospects for a particular individual investment, although they may also encompass differentiated thoughts on an...

With over 10 percent of Deere & Company (NYSE: DE)'s shares held short, investor expectations remain low heading to the company's third-quarter earnings on August 19. BMO Capital Markets, which has an Outperform rating and $96 target price, is near the low end of the Street at $0.85 versus...

BMO Capital Market's Mark Wilde commented on International Paper Co's (NYSE: IP) recent takeover rumors in which Koch Industries could be an acquirer. The analyst didn't take a clear position on whether the rumors were true, but gave further analysis on the likelihood of a takeover...

BMO reiterated its Market Perform rating on TreeHouse Foods Inc. (NYSE: THS), saying that the integration of the recently acquired Private Brands business remains on track. The quarterly results also showed the margin improvement in Private Brands, and further sales and share recovery in single...

BMO maintains its Market Perform rating on Kellogg Company (NYSE: K) after it reported an in-line EPS for the second quarter, but sales continued to fall short of expectations. Kellogg cut its 2016 EPS estimate range to $3.58–$3.65 from $3.64–$3.71, as lower sales and higher FX penalty...

BMO has downgraded Houghton Mifflin Harcourt Co (NASDAQ: HMHC) to Market Perform from Outperform following its disappointing second-quarter results and reduced 2016 guidance for billings and net sales. "While we acknowledge this downgrade is (at least) a day late, we see no near-term catalyst to...

BMO has raised its price target on Analog Devices, Inc. (NASDAQ: ADI) to $85 from $65 following its $14.8 billion acquisition of Linear Technology Corporation (NASDAQ: LLTC), saying the combined entity will be "another analog powerhouse" after Texas Instruments Incorporated (NASDAQ: TXN). BMO is...

Despite topping the Street view, BMO said the second-quarter results of Merck & Co., Inc. (NYSE: MRK) is not "good enough" to change its Market Perform rating on the stock. Merck's quarterly revenue was about 1 percent above consensus and 1.5 percent above BMO's forecast, while EPS of $0.93 was...

On Tuesday, Rush Enterprises, Inc. (NASDAQ: RUSHA) reported Q2 EPS of $0.27, in line with estimates, while reporting revenues of $1.026 billion vs. $1.1 billion estimates. BMO Capital's Take BMO Capital's Joel Tiss raised Rush Enterprises' price target from $20.00 to $25.00, while maintaining the...

BMO Capital's Do Kim initiated Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL) at Outperform with a lofty $4.00 price target. Kim believes upcoming Phase III data in August may drive "significant upside to shares." The analyst was especially hopeful for the near-term data readout for lead drug...