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Wary Of Lower Steel Prices Ahead, CLSA Reiterates A Sell Rating On US Steel
Thursday, July 28, 2016 - 8:54am | 324Read More...United States Steel Corporation (NYSE: X) reported 2Q adj. operating EPS ahead of expectations on higher margins. CLSA’s David Lipschitz maintained a Sell rating on the company, while raising the price target from $10 to $17. The analyst mentioned, however, that steel prices could decline...
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As China's New Home Builds Roll, So Does Bullish Demand For Steel
Wednesday, July 20, 2016 - 8:55am | 674Read More...China's economy has been struggling to capture meaningful footing in the past few years. Sure, the country reported GDP numbers which look great when held relative to an educated guess. 6.7 percent growth is meaningful and it's even appealing when one considers the investment fortitude...
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CLSA Initiates Union Pacific At Sell, Cites Lack Of Export Opportunities
Thursday, May 19, 2016 - 1:35pm | 215Read More...CLSA's David Lipschitz Initiated Union Pacific Corporation (NYSE: UNP) at Sell with a price objective of $79.00. "We expect UNP's coal business to remain under pressure on inventory overhang and lack of export opportunities," said the CLSA analyst. Although Lipschitz noted a recent commodity rally...
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CLSA Initiates Kansas City Southern At Underperform, Calls Company 'Vulnerable'
Thursday, May 19, 2016 - 12:07pm | 201Read More...CSLA's David Lipschitz initiated Kansas City Southern (NYSE: KSU) at Underperform with a 12-month price target of $95.00. Lipschitz noted truck competition and "contractionary" Mexican growth prospects as two of the major reasons for the Underperform rating. Due to Kansas City Southern's relatively...





