RIM Analyst Expects Pressure and 2 Must-See Stock Insights
CF Industries Holdings, Inc. (NYSE:CF) price target has been increased by after the company reported its Q3 results. The firm noted a bullish outlook for both nitrogen demand and corn acreage, a de-bottlenecking of expansion projects, and its financial flexibility. Shares have a Positive rating.
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The Allstate Corporation (NYSE:ALL) stock saw a 10 percent drop in the aftermath of Hurricane Sandy, causing Argus to think that it’s possible that insurers will only have to pay out 40 to 50 percent of the losses caused by the storm. The firm predicts that the company’s EPS will see growth at an 8 percent rate over the long-term, and it has mentioned that the stock’s multiples continue to be below current levels.
Research In Motion Limited (NASDAQ:RIMM): Pacific Crest predicts that BB10 will gain “a lukewarm response at best and ultimately fail.” According to the firm, it is possible that the company waited too long for an asset sale, and it believes that the stock will come under further pressure. The firm keeps its Underperform rating on the stock.
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