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Earnings highlights: Goldman Sachs, Morgan Stanley, FedEx, Kroger and others

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Upcoming quarterly reports include AutoZone (NYSE: AZO), Lennar (NYSE: LEN), Bed Bath & Beyond (NASDAQ: BBBY), Nike Inc. (NYSE: NKE), Research in Motion (NASDAQ: RIMM), and KB Home (NYSE: KBH).

Visit AOL Money & Finance for more earnings coverage.

Analyst initiations 3-05-07: 3M and Teva Pharmaceuticals initiated today

MOST NOTEWORTHY: AeroVironment, Inc (AVAV) was today's most notable initiation:
  • Shares of AeroVironment Inc (NASDAQ: AVAV) were upgraded at Jefferies and Stifel with a Hold rating, at Goldman Sachs with a Neutral rating and at Freidman Billings with an Outperform rating.
OTHER INITIATIONS:
  • Morgan Stanley started the 3M Company (NYSE: MMM) with an Overweight rating and $89 target. Pacific Crest is looking for buying opportunities on additional weakness in shares of WebEx Communications, Inc (WEBX). The firm started WebEx with a Sector perform rating citing valuation.
  • Needham started THQ Inc (NASDAQ: THQI) with a Buy rating and $37 target.
  • HSBC initiated Teva Pharmaceutical Industries (NASDAQ: TEVA) with an Overweight rating and $41 target.
  • UBS started Time Warner Cable (NYSE: TWC) with a Buy rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Symbol Lookup
IndexesChangePrice
DJIA+132.7910,450.95
NASDAQ+29.972,176.01
S&P 500+14.861,106.24

Last updated: November 24, 2009: 09:19 AM

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