Upgrades lift Gaylord

By Geert De Lombaerde Posted on November 4, 2009 at 10:34 am

Shares of Gaylord Entertainment (Ticker: GET) are up more than 7 percent this morning on the back of upgrades from FBR Capital Markets and Wells Fargo. The move comes after a similarly strong day yesterday, when Gaylord reported better-than-expected Q3 numbers.

FBR researcher Patrick Scholes has lifted his rating on Gaylord to ‘market perform’ from ‘underperform’ and put a price target of $17 on the stock. At Wells, analyst Jeff Donnelly said the main pricing risks to Gaylord’s business are baked into the stock, which should trade between $16 and $18 going forward.

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Tags: analyst actions, FBR Capital Markets, Gaylord Entertainment Co., hotel management, Jeff Donnelly, Patrick Scholes, stock valuation, Wachovia Securities  

Analysts rush to raise Tractor Supply targets

By Geert De Lombaerde Posted on October 9, 2009 at 8:04 am

After Tractor Supply came out firing yesterday about its pending third-quarter earnings, analysts at FBR Capital Markets and Wedbush Morgan lifted their price targets. FBR’s Stephen Chick now sees Tractor Supply shares (Ticker: TSCO) going to $48, Wedbush Morgan’s Joan Storms to $54. Those shares closed Thursday trading at $53 and change, their highest level in 27 months.

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Tags: analyst actions, FBR Capital Markets, Friedman Billings Ramsey Group Inc., Joan Storms, retail, stock valuation, Tractor Supply Co., Wedbush Morgan Securities