Evercore Partners

Evercore Partners raises its price on Equal-weight rated Priceline.com (NASDAQ: PCLN) to $550, up $30, on higher profit contribution from faster-than-anticipated agency bookings. Evercore Partners notes, "Our new target presumes that Priceline can trade at a 13.0x EV/EBITDA multiple on our 2012...

Evercore Partners raises its price target on Prosperity Bancshares (NYSE: PB) to $41 from $40 on raised estimates due to accretion from American State Bank acquisition, but reiterates its Underweight rating on shares as current valuation appears full. Evercore Partners says, "We are raising our...

Evercore Partners reiterates its Equal-weight rating on Charter Communications (NASDAQ: CHTR) and raises its price target to $61, up $2, on improving PSU growth, economy and strong local advertising market. Evercore Partners notes, "We're forecasting 5.3% revenue and 4.8% EBITDA growth in 2012,...

In a research report published earlier today by Evercore Partners, Charter Communications Inc. (NASDAQ: CHTR) experienced better revenue performance in 4Q11. “Revenue growth of 2.6% exceeded our estimate by 80 bps, driven by stronger than expected data and voice ARPU combined with fewer video...

According to a research report published earlier today, Evercore Partners has initiated coverage on Verisk Analytics (NASDAQ: VRSK) with an Overweight rating and a $52 PT. Evercore Partners commented in the report, “VRSK enjoys a near-monopoly in aggregating and providing detailed actuarial and...

In a research report published today by Evercore Partners, Lamar Advertising Company's (NASDAQ: LAMR) Q1 guidance looks disappointing, but likely conservative. “Our $25 price target is based on a DCF analysis. The outdoor business remains an above average business on most metrics, and the digital...

Evercore Partners maintains its Underweight rating and $12 target price on NVIDIA (NASDAQ: NVDA) as the company first Tegra-Icera phone arrives. Evercore Partners says, "Ahead of MWC, NVIDIA announced its first handset design win to use both Tegra (T2 in this case) and its Icera baseband (21Mbps...

Evercore Partners reiterates its Overweight rating on Copa Holdings (NYSE: CPA) and raises its price target to $90 from $81 following takeaways from the company's investor meeting. Evercore Partners comments, "While Copa does not comment on monthly unit revenue, we believe demand trends...

Evercore Partners has published a research report on Orbitz Worldwide (NYSE: OWW) and has raised the price target from $2 to $2.50 after the company reported a 4Q beat. In the report, Evercore Partners writes, "Q4 revenues of $177.1 million were ahead of our estimate and consensus of $175.0...

Evercore Partners says, " Spirit Airlines reported 4Q11 EPS and revenue ahead of our estimates, driven by stronger non-ticket (ancillary) revenue. We believe Spirit continues to identify profitable growth opportunities in the capacity constrained US airline industry. Our 2012 EPS estimate is...

Evercore Partners reiterate its Overweight rating with a $100 target price on Goldman Sachs (NYSE: GS) following takeaways from meeting company management. Evercore Partners says, "Recently, we sat down with GS CFO David Viniar. We walked away from the meeting slightly more positive on the...

Evercore Partners reiterate its Overweight rating with a $100 target price on Goldman Sachs (NYSE: GS) following takeaways from meeting company management. Evercore Partners says, "Recently, we sat down with GS CFO David Viniar. We walked away from the meeting slightly more positive on the...

Evercore Partners raises its price target on Overweight-rated Arch Capital (NASDAQ: ACGL) on higher valuation multiples despite near-term challenges. Evercore Partners says, "While conventional wisdom suggests owning Arch only when stronger pricing becomes evident, we believe it is best to be...

Evercore Partners maintains its Overweight rating and $140 target price on Equinix (NASDAQ: EQIX) on the heels of a solid fourth quarter and conservative guidance. Evercore Partners notes, "EQIX reported another quarter of strong results – with revs and EBITDA 1% and 4% ahead of estimates. EQIX...

Evercore Partners maintains its Overweight rating with a $33 target price on Comcast (NASDAQ: CMCSA) as the scaling leverage in unit growth did not come at the expense of margins. Evercore Partners says, "Comcast's strong unit growth did not come at the expense of financial discipline. Cable...