We don’t anticipate making a material change to our per share fair value estimate and assess shares as fairly valued.
We are raising our fair value estimate for the wide-moat firm as we incorporate the stronger near-term performance and outlook.
We believe investors should await a more favorable entry point before buying shares of this wide-moat firm.
We expect the strong 2020 guidance to support a slight increase to our fair value estimate, but we still don’t expect the stock to look undervalued.
We view Boeing’s updated return to service estimate of mid-2020 as reasonable, assuming no as-of-yet unknown problems are discovered.
We are retaining our narrow moat rating and are raising our fair value estimate.
Fourth-quarter revenue was slightly below our expectations though EPS was in line with our forecasts.
We don’t anticipate making a material change to our fair value estimate, and we assess the shares as being fairly valued.
We view the termination of the spin as favorable to shareholders and think shares of the no-moat firm are undervalued.
The wide-moat firm looks fairly valued.
Shares of the narrow-moat firm are fairly valued today.
The wide-moat firm reported decent fourth-quarter results.
We expect to increase our fair value estimate for the wide-moat firm.
Shares of the narrow-moat firm remain about fairly valued in our view.
The firm reported stellar fourth-quarter results that were well-above consensus.
We plan to raise our fair value estimate for the narrow-moat firm.
It is clear that the wide-moat firm is still a work in progress, and we are lowering our fair value estimate.
As this change in leadership does not affect our free cash flow assumptions, we are maintaining our $349 fair value estimate.
It appears to us that we are now in a holding pattern for rates.
Cheniere and Plains All American Pipeline rank favorably on sustainabilty issues and are attractively priced.
We plan to maintain our fair value estimate, leaving shares undervalued.
We recommend waiting for a pullback before taking a new long position in the stock.
We view shares as slightly undervalued but would wait for a larger margin of safety before investing.
We are maintaining our fair value estimate of $186 and view shares as attractive.
We believe that Schwab's already strong business model will be enhanced by the merger with TD Ameritrade, and we expect to assign a wide moat to the combined entity.
The transaction is expected to close in the middle of 2020 after approvals of Tiffany's shareholders and regulatory bodies.
We think no-moat Gap, although troubled, is undervalued.
We do not anticipate changes to our moat rating or our fair value estimate as a result of the change of leadership.
We expect no significant change to our fair value estimate and view shares as undervalued.
If a deal is announced, we anticipate multiple hurdles including a headline risk of antitrust, but we currently believe it's surmountable.
The no-moat retailer posted exceptional third-quarter results, and shares are overvalued.
We expect to reduce our fair value estimate by a single-digit percentage.
No changes are planned to our fair value estimate, and we view shares as rich.
We are maintaining our fair value estimate and view shares as slightly undervalued.
Our fair value estimate remains with the shares now trading at only a modest discount.
We are maintaining our wide moat rating and expect to raise our fair value estimate.
We view Gap as undervalued but expect to reduce our fair value estimate based on the sales trends and expected margin deterioration.
We are raising our fair value estimate, but shares of the narrow-moat firm look expensive.
Shares of the narrow-moat firm look attractive today.
No details of the takeover offer were provided, and we are maintaining our fair value estimates for the firms.
We view shares of the narrow-moat firm as undervalued.
We suggest investors await a more attractive entry point before buying shares of the narrow-moat firm.
We believe that investment in narrow-moat Uber requires patience, and view the stock as attractive.
Easterbrook's departure is a surprise, but there is no change to our fair value estimate for the wide-moat firm, and we see shares as modestly undervalued.
Insurance gains offset slightly weaker operating results for the wide-moat firm.
We suggest investors employ patience with the no-moat name.
With shares up 54% year-to-date, we recommend prospective investors seek a wider margin of safety.
We recommend waiting for a wider margin of safety before investing in this wide-moat and high uncertainty name.
We think a base case of “no more cuts for now” seems very reasonable.
CEO Larry Culp is effectively leading the firm through a multiyear turnaround.