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Stock Market & Financial Investment News

News Breaks
January 9, 2013
08:12 EDTMTRXMatrix Service price target raised to $15 from $13 at DA Davidson
DA Davidson increased its target on Matrix as the firm believes that the market for refinery and petrochemical maintenance services appeared strong during the December period based on reports from service providers. The firm maintains a Buy rating on the stock.
News For MTRX From The Last 14 Days
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September 11, 2014
06:10 EDTMTRXMatrix Service files $150M mixed securities shelf
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September 8, 2014
10:06 EDTMTRXOn The Fly: Analyst Upgrade Summary
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06:04 EDTMTRXMatrix Service upgraded to Buy from Hold at KeyBanc
KeyBanc upgraded Matrix Service to Buy due to valuation.
September 5, 2014
10:05 EDTMTRXOn The Fly: Analyst Upgrade Summary
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09:05 EDTMTRXMatrix Service weakness overdone, says DA Davidson
After Matrix reported lower than expected Q4 EPS and provided weaker than expected FY15 guidance, DA Davidson thinks the company's electrical business appears to be on a growth trajectory, while the momentum of its storage business should continue. The firm cut its price target on the shares to $36 from $40 but keeps a Buy rating on the stock.
07:24 EDTMTRXMatrix Service price target lowered to $31 from $39 at Stifel
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06:26 EDTMTRXMatrix Service upgraded to Overweight from Equal Weight at First Analysis
First Analysis upgraded Matrix Service to Overweight citing valuation following the sell-off on the Q4 report.

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