AE RETAINS Outperform Rating and 4 Stock Analyses Turning Heads

Berry Petroleum Co. (NYSE:BRY) price target was reduced by Susquehanna to reflect the different risks to the oil and gas sector. The firm cited volatile commodity prices, cost rises, drilling and construction risks, and environmental litigation. Shares have a Positive rating.

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Phillips 66 (:PSX) price target was increased by UBS after its Q2 results due to expectations for rising dividends, share repurchases, the monetization of midstream assets, and its intentions to keep its Alliance, LA refinery. Shares have a Buy rating.

AECOM Technology Corporation (NYSE:ACM): The Q2 results of publicly traded engineering and construction companies mostly reached expectations, DA Davidson predicts that some of the industry’s end markets will make rebound during the near-term. The firm sees a number of major potential growth drivers for the group. It labels the following names in the sector as “particularly compelling”: AECOM (NYSE:ACM), EMCOR (NYSE:EME), Fluor (NYSE:FLR), Granite (NYSE:GVA), Great Lakes Dredge & Dock (NASDAQ:GLDD), Jacobs (NYSE:JEC), KBR (NYSE:KBR), MasTec (NYSE:MTZ), McDermott (NYSE:MDR), Primoris (NASDAQ:PRIM), Tutor Perini (NYSE:TPC) and URS (NYSE:URS). The firm keeps Buy ratings on all of the companies.

Lions Gate Entertainment Corp. (NYSE:LGF): Cowen is still positive concerning Lions Gate as they think the “Hunger Games” franchise and the Summit acquisition will drive growth and shareholder value throughout the next several years. The firm also views the shares as inexpensive on a free cash flow basis and will probably see an upside relative to the market. Shares have an Outperform rating.

American Eagle Outfitters, Inc. (NYSE:AEO): According to Oppenheimer,  the Friday’s decline in American Eagle’s stock as a reaction to the company’s all blue jeans under $30 promotion was “an extreme overreaction to a planned promotion.” The firm believes that the promotion will generate strong traffic and aid sales of tops. The firm keeps an Outperform rating on the shares.

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