Joy Global, Inc. (JOY) Tops Q2 EPS by 5c

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BofA/Merrill Lynch Upgrades Joy Global (JOY) to Buy

June 6, 2014 6:25 AM EDT

BofA/Merrill Lynch upgraded Joy Global (NYSE: JOY) from Neutral to Buy with a price target of $70.00 saying earnings are bottoming.

Analyst Ross Gilardi said, "We upgrade Joy Global to Buy on the back of a 7% FQ2 EPS beat and FY14 guidance reiteration... More

Joy Global (JOY) Aftermarket Growth Positive Read for Caterpillar (CAT) and Finning - Analyst

June 5, 2014 8:20 AM EDT

News from Joy Global. (NYSE: JOY) with earnings that surface mining aftermarket growth was 13% is positive for Caterpillar (NYSE: CAT) and Finning, noted BofA/Merrill Lynch analyst Ross Gilardi.

Gilardi said, "For Finning, we were particularly... More