Analysts appear to playing nice with Healthways today after the company said it sees no growth in 2011. Yes, there have been two downgrades — from Eugene Goldenberg at BB&T Capital Markets and Stephen O'Neil at Hilliard Lyons — that have pushed the stock (Ticker: HWAY) down to about $10. But neither analyst is saying you should run for the hills and a third researcher, Newton Juhng at FBR Capital, says value hunters might actually find something they like here.
We realize that there remains near-term uncertainty that may be more than some investors can handle; but our stance is that, beyond this challenging period, lies opportunity for the company to grow.
Oct 22, 2010 1:55 PM
Bryan Elliott at Raymond James has hiked his rating on shares of Cracker Barrel Old Country Store to 'market perform' as part of a broader industry upgrade. Still, Elliott has a number of other restaurant chains rated more highly than Lebanon-based Cracker Barrel (Ticker: CBRL), which has gained 27 percent so far this year. Healthcare Realty is richly valued and not worth getting into at this point, says Hilliard Lyons analyst Carol Kemple. In addition to starting coverage of the Nashville-based REIT (Ticker: HR) with a 'neutral' rating, Kemple points out its dividend should be higher.
Sep 8, 2010 7:42 AM
Valuation, schmaluation... Both Morgan Joseph and Hilliard Lyons downgraded shares of National Health Investors following their rebound from last week's swoon. No matter: The stock (Ticker: NHI) is up another 5 percent today and just cents away from the all-time high it set late last month.
May 12, 2010 12:53 PM