Research Analysts’ ratings reiterations for Thursday, July 25th:
Atlas Iron (ASX:AGO) had its equal weight rating reaffirmed by analysts at Morgan Stanley.
Caterpillar (NYSE:CAT) had its neutral rating reissued by analysts at Zacks. Zacks currently has a $88.00 target price on the stock. Zacks’ analyst wrote, “Caterpillar’s second quarter revenue declined 16% year over year to $14.6 billion and earnings per share slumped 43% to $1.45. Due to continued dealer machine inventory reductions during 2013, Caterpillar has trimmed its sales outlook to a range of $56 to $58 billion and now expects to earn $6.50 per share for the year. Caterpillar remains affected by slowing demand and inventory correction as a result of overproduction compared to demand. Even though Caterpillar will benefit from the recovery in the U.S. construction sector and the resumption of share repurchase, the recent loss of sales momentum, declining backlog, negative impact of the European debt crisis remain concerns. We maintain our Neutral recommendation on Caterpillar with a target price of $88.00.”
Commonwealth Bank of Australia (ASX:CBA) had its hold rating reiterated by analysts at Commonwealth Bank.
GUD Holdings Limited (ASX:GUD) had its sell rating reiterated by analysts at Citigroup Inc.. They currently have a $5.69 price target on the stock.
Moody’s Corp. (NYSE:MCO) had its buy rating reaffirmed by analysts at Piper Jaffray Cos.. The firm currently has a $79.00 target price on the stock.
Motorola Solutions (NYSE:MSI) had its hold rating reissued by analysts at Deutsche Bank. They currently have a $48.00 price target on the stock.
Nabors Industries (NYSE:NBR) had its sell rating reissued by analysts at Credit Suisse. The firm currently has a $12.00 target price on the stock.
NRG Energy (NYSE:NRG) had its buy rating reaffirmed by analysts at UBS AG. The firm currently has a $33.00 target price on the stock.
Standard Chartered (NASDAQ:SCBFF) had its neutral rating reaffirmed by analysts at BNP Paribas. The firm currently has a $1,550.00 price target on the stock.
Standard Life (LON:SL) had its buy rating reissued by analysts at Liberum Capital.
Taylor Wimpey (LON:TW) had its buy rating reissued by analysts at Deutsche Bank. The firm currently has a GBX 113 ($1.72) target price on the stock.
Walter Energy (NYSE:WLT) had its sector perform rating reaffirmed by analysts at RBC Capital.