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Stock Market & Financial Investment News

News Breaks
March 4, 2014
10:25 EDTPEG, SBACHigh option volume stocks: PEG EZU RSX SBAC
News For PEG;SBAC From The Last 14 Days
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February 2, 2016
10:01 EDTPEGPSEG Solar Source acquires 25.9 MW solar project from Ecoplexus
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January 26, 2016
10:00 EDTSBACOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AMC Entertainment (AMC) upgraded on valuation, 2017 outlook at RBC Capital... America Movil upgraded to Overweight from Equal Weight at Morgan Stanley... BNC Bancorp (BNCN) upgraded to Buy from Hold at Gabelli... Casella Waste (CWST) upgraded to Strong Buy from Outperform at Raymond James... Cenovus Energy (CVE) upgraded to Buy from Neutral at Goldman... Cracker Barrel (CBRL) upgraded to Buy from Neutral at SunTrust... D.R. Horton (DHI) upgraded to Buy from Hold at Zelman... Edison International (EIX) upgraded to Buy from Hold at Evercore ISI... First Financial Bancorp (FFBC) upgraded to Buy from Hold at Sandler O'Neill... Hartford Financial (HIG) upgraded to Overweight from Neutral at Atlantic Equities... Heartland Financial (HTLF) upgraded to Buy from Hold at Sandler O'Neill... MFA Financial (MFA) upgraded to Overweight from Neutral at JPMorgan... National General (NGHC) upgraded to Overweight at Morgan Stanley... Navios Maritime Partners (NMM) upgraded to Overweight from Neutral at JPMorgan... PG&E (PCG) upgraded to Buy from Hold at Evercore ISI... SBA Communications (SBAC) upgraded to Buy from Hold at Stifel... Sally Beauty (SBH) upgraded to Outperform from Perform at Oppenheimer... Sanmina (SANM) upgraded to Neutral from Sell at Citi... Scorpio Bulkers (SALT) upgraded to Overweight from Neutral at JPMorgan... Southern Company (SO) upgraded to Hold from Sell at Evercore ISI... Southern Copper (SCCO) upgraded to Overweight from Neutral at JPMorgan... Vodafone (VOD) upgraded to Buy from Hold at Jefferies.
07:17 EDTSBACSBA Communications upgraded on valuation at Stifel
As noted earlier, Stifel upgraded SBA Communications to Buy from Hold. The firm upgraded the stock on valuation, as it believes that the stock's decline in response to the news of Sprint (S) potentially building its own network has been overdone. In a worst case scenario, Sprrin't initiative would cause the churn rate of SBA's discounted cash flow to increase by 1.8% annually, according to the firm. The company's valuation would be lowered by $9 per share for each 50 basis points of additional churn, putting the stock's worst case valuation at $91 the firm added. Target $112.
06:16 EDTSBACSBA Communications upgraded to Buy from Hold at Stifel
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