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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (16537)3/17/2016 8:02:56 PM
From: Goose94Read Replies (1) | Respond to of 203020
 
NFI-T new 52 week high, $32.35



To: Goose94 who wrote (16537)3/29/2016 7:30:54 AM
From: Goose94Read Replies (1) | Respond to of 203020
 
New Flyer Industries (NFI-T) following on the heels of fourth quarter 2015 financial results which exceeded expectations, BMO Nesbitt Burns analyst Bert Powell upgraded his rating for New Flyer Industries to "outperform" from "market perform." Mr. Powell raised his share target to $38 from $28.50. Analysts on average target the shares at $33.88.

Mr. Powell says recently acquired Motor Coach Industries International represents the "next leg" for the stock. He says: "It is still early days with the MCI acquisition, and while we still need more details, we are taking a leap of faith that management underwrote the MCI acquisition on more conservative assumptions than have been articulated. M

anagement has proven itself with the NABI [North American Bus Industries Inc.] and Orion acquisitions, and our experience is that their proclivity is to under promise and over deliver." The Globe's Ian Tam was bullish on New Flyer in the Number Cruncher column on Jan. 14. He said in the column that New Flyer was a profitable company with a reasonable valuation.