BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Franklin Resources Remains in an Uptrend]]>http://www.bloggingstocks.com/2011/03/31/franklin-resources-uptrend/http://www.bloggingstocks.com/2011/03/31/franklin-resources-uptrend/http://www.bloggingstocks.com/2011/03/31/franklin-resources-uptrend/#commentsFiled under:

Franklin ResourcesWhen in doubt, go with those business models that have clout, and Franklin Resources (BEN), first discussed on July 20, 2009, at a price of $73.88, is one.

Ben's shares have have pulled back to about $123 this spring, after hitting $131. And needless to add, if you're in near $74, now may be a good time to consider taking some profits.

However, those investors who can tolerate the risk can maintain their full position and go for a larger gain, but keep in mind the journey to $150 probably won't be completed in 2011.

Continue reading Franklin Resources Remains in an Uptrend

Franklin Resources Remains in an Uptrend originally appeared on BloggingStocks on Thu, 31 Mar 2011 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BENFranklin ResourcesThu, 31 Mar 2011 12:00:00 EST<![CDATA[Franklin Resources: Time to Take Some Profits?]]>http://www.bloggingstocks.com/2011/02/01/franklin-resources-time-to-take-some-profits/http://www.bloggingstocks.com/2011/02/01/franklin-resources-time-to-take-some-profits/http://www.bloggingstocks.com/2011/02/01/franklin-resources-time-to-take-some-profits/#commentsFiled under:

Franklin Resources (BEN)The shares of Franklin Resources (BEN) have pulled back, after retesting highs near $126. I first discussed Franklin on July 20, 2009, at a price of $73.88, and if you're in near that price, now may be a good time to consider taking some profits.

However, those investors who can tolerate the risk can maintain their full position and go for a larger gain, but keep in mind the journey to $150 probably won't be completed in 2011.

Continue reading Franklin Resources: Time to Take Some Profits?

Franklin Resources: Time to Take Some Profits? originally appeared on BloggingStocks on Tue, 01 Feb 2011 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BENFranklin ResourcesTue, 01 Feb 2011 12:30:00 EST<![CDATA[Analyst Calls: AA, AAPL, ATHR, BKS, CL, CLX, EL, HBAN, NCR, NVDA, XRTX ...]]>http://www.bloggingstocks.com/2011/01/05/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/05/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/05/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , , ,

Analyst Upgrades

  • TCF Financial (TCB) to buy from hold at Deutsche Bank.
  • Exelon (EXC) to market perform from underperform at Wells Fargo.
  • Nvidia (NVDA) and Boyd Gaming (BYD) upgraded to overweight from equal weight at Barclays.
  • Estee Lauder (EL) to buy from neutral at UBS.
  • Webster Financial (WBS) to buy from hold at Jefferies.
  • Skilled Healthcare (SKH) to outperform from market perform at Morgan Keegan.
  • Acorda Therapeutics (ACOR) to outperform from market perform at Leerink.
  • NCR Corp. (NCR) to outperform from neutral at Wedbush.
  • Barnes & Noble (BKS) to neutral from underperform and Pioneer Natural (PXD) to outperform from neutral at Credit Suisse.
  • Autodesk (ADSK) to buy from neutral at Goldman.

Continue reading Analyst Calls: AA, AAPL, ATHR, BKS, CL, CLX, EL, HBAN, NCR, NVDA, XRTX ...

Analyst Calls: AA, AAPL, ATHR, BKS, CL, CLX, EL, HBAN, NCR, NVDA, XRTX ... originally appeared on BloggingStocks on Wed, 05 Jan 2011 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAAAPLAbercrombieACORADSKAlcoaanalyst upgradesANFAppleAtherosATHRAutodeskAvonAVPBarnes and NobleBENBKSCEPHCLCloroxCLXColgateCXOdowngradesELEntergyEstee LauderETREXCExelonFEFirstEnergyGOROHBANinitiationsinthenewsJACKJack in the BoxLegg MasonLMNBLNCRNVDANvidiaPXDSKHSolarfunSOLFSTJTCBWBSXRTXXyratexZIONWed, 05 Jan 2011 11:30:00 EST<![CDATA[Franklin Resources Vaults Higher]]>http://www.bloggingstocks.com/2010/11/05/franklin-resources-vaults-higher/http://www.bloggingstocks.com/2010/11/05/franklin-resources-vaults-higher/http://www.bloggingstocks.com/2010/11/05/franklin-resources-vaults-higher/#commentsFiled under:

Franklin Resources (BEN) logoFor those of you who stuck with Franklin Resources (BEN), first discussed on July 20, 2009, at a price of $73.88, despite its 30% summer drop, you've been rewarded, to say the least.

Franklin's shares zoomed higher beginning in mid-summer, took out key, psychological resistance at $100, and recently vaulted above $120. And I still like the shares here.

One of the best-run asset managers globally, Franklin's double-digit asset growth should continue in FY2011, aided by an improved asset mix, better fund performance across asset classes, and increased flows from money market funds. Look for BEN's revenue to increase 15% to 18% in FY2011.

Continue reading Franklin Resources Vaults Higher

Franklin Resources Vaults Higher originally appeared on BloggingStocks on Fri, 05 Nov 2010 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BENFranklin ResourcesFri, 05 Nov 2010 13:30:00 EST<![CDATA[Analyst Calls: A, ARST, BAC, C, COST, CRM, DPS, GS, JPM, MS, MTB, VOD ...]]>http://www.bloggingstocks.com/2010/10/07/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/07/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/07/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , , , , , ,

Analyst Upgrades

  • Piper Jaffray upgraded Salesforce.com (CRM) to overweight from neutral, citing valuation following the recent sell-off and strong business trends. The firm has a $115 price target for shares.
  • Keefe Bruyette upgraded M&T Bank (MTB) to market perform from underperform on valuation after AIB sold its stake in the company. The firm has a $72 price target for shares.
  • Jefferies upgraded OGE Energy (OGE) to buy from hold following the announcement that ArcLight will purchase 9.9% of OGE's interest in Enogex for $183M and believes this deal highlights the hidden value associated with Enogex. The firm raised its price target to $51.50 from $43.
  • Thomas & Betts (TNB) was upgraded to outperform from perform at Oppenheimer.
  • Bayer (BAYRY) was upgraded to buy from neutral at UBS.
  • Texas Roadhouse (TXRH) was upgraded to outperform from neutral at Baird.

Continue reading Analyst Calls: A, ARST, BAC, C, COST, CRM, DPS, GS, JPM, MS, MTB, VOD ...

Analyst Calls: A, ARST, BAC, C, COST, CRM, DPS, GS, JPM, MS, MTB, VOD ... originally appeared on BloggingStocks on Thu, 07 Oct 2010 11:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAgilentanalyst upgradesArcSightARSTAYIBACBank of AmericaBank of New YorkBayerBAYRYBENBKBlackrockBLKCCHKPCitigroupCOSTCostcoCRMdowngradesDPSDr PepperFMSGGBGoldman SachsGSHPHPQinitiationsinthenewsJPMJPMorganKIRKKirklandsMorgan StanleyMSMTBNorthern TrustNTRSOGEsalesforce.comTNBTXRHVODVodafoneThu, 07 Oct 2010 11:40:00 EST<![CDATA[Analyst Calls: BCR, BEN, DRYS, INT, ISRG, NKE, NOK, NUAN, VCLK, ZMH ...]]>http://www.bloggingstocks.com/2010/09/27/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/09/27/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/09/27/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , ,

Analyst Upgrades

  • FBR Capital upgraded Franklin Resources (BEN) to outperform from market perform and raised its target price for shares to $127 from $105 to reflect its belief the company is well positioned in the current environment.
  • UBS upgraded Nuance (NUAN) to buy from neutral and has an $18 price target on the stock. The firm upgraded shares based on valuation and believes the company could be an acquisition target.
  • Morgan Stanley upgraded DryShips (DRYS) to equal weight from underweight and has a $5.50 target on the stock. The firm cites the firmer ultra-deepwater drilling market for the upgrade.
  • Becton Dickinson (BDX) was upgraded to neutral from sell at Goldman.
  • Edwards Lifesciences (EW) was upgraded to market perform at Rodman & Renshaw.
  • Arkansas Best (ABFS) was upgraded to neutral from underperform at BofA/Merrill.

Continue reading Analyst Calls: BCR, BEN, DRYS, INT, ISRG, NKE, NOK, NUAN, VCLK, ZMH ...

Analyst Calls: BCR, BEN, DRYS, INT, ISRG, NKE, NOK, NUAN, VCLK, ZMH ... originally appeared on BloggingStocks on Mon, 27 Sep 2010 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ABFSanalyst upgradesASXBCRBDXBENCFNdowngradesDRYSDryShipsEWinitiationsINTinthenewsISRGJBHTMicrosoftMSFTNKENOKNokiaNUANOTMPRFTSPILTake-TwoTTWOUMCValueClickVARVCLKWERNYahooYHOOZMHMon, 27 Sep 2010 12:00:00 EST<![CDATA[Option Traders Betting on Agriculture and the British Pound]]>http://www.bloggingstocks.com/2010/09/09/option-traders-betting-on-agriculture-and-the-british-pound/http://www.bloggingstocks.com/2010/09/09/option-traders-betting-on-agriculture-and-the-british-pound/http://www.bloggingstocks.com/2010/09/09/option-traders-betting-on-agriculture-and-the-british-pound/#commentsFiled under: , , , ,

agricultureOption traders appear to be setting up for a bullish move on Market Vectors Agribusiness ETF (MOO). Traders plowed into 2,601 new call option contracts -- 20.81 times the average volume -- on the stock on Wednesday. And we know that traders were eager to get into this trade because 89% of the trades came in on the ask price.

The ETF closed Wednesday at $45.60, up 4.35% during the past month.

Continue reading Option Traders Betting on Agriculture and the British Pound

Option Traders Betting on Agriculture and the British Pound originally appeared on BloggingStocks on Thu, 09 Sep 2010 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bencal dive internationalCurrencyShares British Pound Sterling Trustdvrfranklin resourcesFXBhelix energy solutionshlxinthenewskohlskssmarket vectors agribusiness ETFMOOpgnprogress energytcbTCF FinancialThu, 09 Sep 2010 09:00:00 EST<![CDATA[Analyst Calls: BA, MOT, AOL, AMZN, JNPR, IBM, LMT, PCLN, MFE]]>http://www.bloggingstocks.com/2010/07/15/analyst-calls-ba-mot-aol-amzn-jnpr-ibm-lmt-pcln-mfe/http://www.bloggingstocks.com/2010/07/15/analyst-calls-ba-mot-aol-amzn-jnpr-ibm-lmt-pcln-mfe/http://www.bloggingstocks.com/2010/07/15/analyst-calls-ba-mot-aol-amzn-jnpr-ibm-lmt-pcln-mfe/#commentsFiled under: , , , , , , , , ,

Analyst upgrades:
  • Citigroup assumed coverage of Boeing (BA) and upgraded the stock to Buy from Hold due to its positive view on the aerospace cycle and valuation. The firm raised its target for shares to $80 from $73.
  • Morgan Stanley upgraded Motorola (MOT) to Overweight from Underweight citing expectations for higher handset margins driven by Android. The analyst raised Android unit shipping estimates and earnings estimates. The firm raised its price target on shares to $9.75 from $8.75.
  • Susquehanna upgraded SINA Corporation (SINA) to Positive from Neutral and has a $50 target on the stock. The firm said Sina'a Twitter like service called 'Sina Weibo' has seen exponential growth and will crate huge value for the company.
  • AOL (AOL) was upgraded to Neutral from Underperform at Credit Suisse.
  • Frontier Communications (FTR) was upgraded to Sector Perform from Underperform at RBC Capital and to Buy from Hold at Hudson Square.
  • Canadian Solar (CSIQ) was upgraded to Outperform from Market Perform at Wells Fargo.

Continue reading Analyst Calls: BA, MOT, AOL, AMZN, JNPR, IBM, LMT, PCLN, MFE

Analyst Calls: BA, MOT, AOL, AMZN, JNPR, IBM, LMT, PCLN, MFE originally appeared on BloggingStocks on Thu, 15 Jul 2010 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bencolcsiqgrhspinthenewsmfepclnsinavecowbsnwllThu, 15 Jul 2010 11:20:00 EST<![CDATA[Is the Selling Over with Franklin Resources?]]>http://www.bloggingstocks.com/2010/07/13/is-the-selling-over-with-franklin-resources/http://www.bloggingstocks.com/2010/07/13/is-the-selling-over-with-franklin-resources/http://www.bloggingstocks.com/2010/07/13/is-the-selling-over-with-franklin-resources/#commentsFiled under:

The shares of money management firm Franklin Resources (BEN), which I first discussed on July 20, 2009 at a price of $73.88, have dropped more than 30% with the Dow's recent decline, but the shares are still favored. Here's why:

One of the best-run asset managers, Franklin's double-digit asset growth should continue in FY2010, aided by an improved asset mix, better fund performance across asset classes, and increased flows from money market funds.

BEN's relatively strong balance sheet, declining debt liabilities, and prudent cost cuts rounds out the solid business model.

Continue reading Is the Selling Over with Franklin Resources?

Is the Selling Over with Franklin Resources? originally appeared on BloggingStocks on Tue, 13 Jul 2010 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BENFranklin ResourcesTue, 13 Jul 2010 15:00:00 EST<![CDATA[Franklin Resources: Well-Positioned for the Recovery]]>http://www.bloggingstocks.com/2010/03/25/franklin-resources-well-positioned-for-the-recovery/http://www.bloggingstocks.com/2010/03/25/franklin-resources-well-positioned-for-the-recovery/http://www.bloggingstocks.com/2010/03/25/franklin-resources-well-positioned-for-the-recovery/#commentsFiled under:

Money management firm Franklin Resources (BEN), which I first wrote about on July 20, 2009 at a price of $73.88, has survived the financial crisis and recession in good shape.

One of the best-run asset managers, Franklin's double-digit asset growth should continue in FY2010, aided by an improved asset mix, better fund performance across asset classes, and increased flows from money market funds. BEN's relatively strong balance sheet, declining debt liabilities, and prudent cost cuts rounds out the positive story.

Continue reading Franklin Resources: Well-Positioned for the Recovery

Franklin Resources: Well-Positioned for the Recovery originally appeared on BloggingStocks on Thu, 25 Mar 2010 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>allbutBENFranklin ResourcesThu, 25 Mar 2010 14:00:00 EST<![CDATA[Franklin Resources: Back Up the Truck]]>http://www.bloggingstocks.com/2010/01/11/franklin-resources-back-up-the-truck/http://www.bloggingstocks.com/2010/01/11/franklin-resources-back-up-the-truck/http://www.bloggingstocks.com/2010/01/11/franklin-resources-back-up-the-truck/#commentsFiled under:

With the U.S./global economies recovering, and increased confidence in equity market gains, moving forward, the landscape for money managers is improving, and that's a major reason I'm reiterating my buy rating for Franklin Resources (BEN), first recommended on July 20, 2009 at a price of $73.88. If you bought BEN in July, you're up about 50%.

Franklin's double-digit asset growth should continue in FY2010, aided by an improved asset mix, better fund performance across asset classes, and increased flows from money market funds. BEN's relatively strong balance sheet, and prudent cost cuts rounds-out the positive story. The First Call FY2010/FY2011 EPS estimates for BEN are $6.08 to $7.03.

Continue reading Franklin Resources: Back Up the Truck

Franklin Resources: Back Up the Truck originally appeared on BloggingStocks on Mon, 11 Jan 2010 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BENFranklin ResourcsMon, 11 Jan 2010 14:30:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: AXP, BBY, BEN, H, LLY, TROW, X ...]]>http://www.bloggingstocks.com/2009/12/16/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/12/16/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/12/16/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , ,

Analyst upgrades:

  • Deutsche Bank upgraded T. Rowe Price (TROW) to buy from hold due to valuation and solid core trends. The firm raised its target on shares to $57 from $55. Note the firm downgraded Franklin Resources to hold from buy (see below).
  • KeyBanc upgraded U.S. Steel (X) to buy from hold based on stable domestic cost environment in 2010 and likelihood of sustained higher spot pricing. The firm has a $65 target on shares.
  • Goldman upgraded Canadian Natural Resources (CNQ) to buy from neutral, citing oil leverage, sizable resource base and free cash flow. The firm raised its target to $90 from $88.
  • Darden (DRI) was upgraded to buy from neutral at UBS.
  • Carnival (CCL) was upgraded to overweight from neutral at JPMorgan.
  • AmerisourceBergen (ABC) was upgraded to overweight from equal weight at Barclays.

Continue reading Analyst upgrades, downgrades and initiations: AXP, BBY, BEN, H, LLY, TROW, X ...

Analyst upgrades, downgrades and initiations: AXP, BBY, BEN, H, LLY, TROW, X ... originally appeared on BloggingStocks on Wed, 16 Dec 2009 11:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ABCAmerican Expressanalyst upgradesAXPBBYBENBest BuyCCLCNQdowngradesDRIFEHHyattinitiationsinthenewsLLYNRGRSSNHSPWRASTLDSWSITROWXWed, 16 Dec 2009 11:50:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: ANF, BIDU, DE, FCX, HBC, SWY, USB ...]]>http://www.bloggingstocks.com/2009/11/30/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/11/30/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/11/30/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , ,

Analyst upgrades:

  • FBR upgraded Abercrombie & Fitch (ANF) to reflect strong channel checks over the Black Friday weekend. The firm raised its target on shares to $46 from $39.
  • Morgan Stanley upgraded Safeway (SWY), citing improvements in pricing.
  • Baird upgraded US Bancorp (USB) based on valuation. The firm raised its target price to $29 from $25.
  • HSBC Holdings (HBC) was upgraded to buy from neutral at BofA/Merrill.
  • Genzyme (GENZ) was upgraded to buy from hold at Citigroup.
  • Deere (DE) was upgraded to outperform from market perform at Wells Fargo.

Continue reading Analyst upgrades, downgrades and initiations: ANF, BIDU, DE, FCX, HBC, SWY, USB ...

Analyst upgrades, downgrades and initiations: ANF, BIDU, DE, FCX, HBC, SWY, USB ... originally appeared on BloggingStocks on Mon, 30 Nov 2009 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AGAManalyst upgradesANFBENBIDUBYDBZCIBDAIDEDeeredowngradesFCXGENZHBCinitiationsinthenewsLBTYASGENSVUSWYUSBMon, 30 Nov 2009 11:20:00 EST<![CDATA[Franklin Resources: An asset management survivor]]>http://www.bloggingstocks.com/2009/10/23/franklin-resources-an-asset-management-survivor/http://www.bloggingstocks.com/2009/10/23/franklin-resources-an-asset-management-survivor/http://www.bloggingstocks.com/2009/10/23/franklin-resources-an-asset-management-survivor/#commentsFiled under:

The Franklin Resources (NYSE: BEN) Buy call, issued on July 20, 2009 at a price of $73.88, is panning out, which is why I'm Reiterating my Buy rating for the company' shares. If you bought BEN in July, you're up about 54%.

The advice furnished here is to avoid stand-alone money managers as equity plays, but Franklin is an exception. BEN's double-digit asset growth should continue in FY2010 aided by an improved asset mix, and better fund performance across asset classes. BEN's relatively strong balance sheet and declining debt liabilities fleshes-out the positive story.

Continue reading Franklin Resources: An asset management survivor

Franklin Resources: An asset management survivor originally appeared on BloggingStocks on Fri, 23 Oct 2009 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BENFranklin ResourcesFranklinResourcesFri, 23 Oct 2009 14:00:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: BX, COF, DD, MS, VMC, WM, ZION ...]]>http://www.bloggingstocks.com/2009/09/09/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/09/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/09/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , ,

Analyst upgrades:

  • Citigroup upgraded Capital One (NYSE: COF) to Buy from Hold as it believes the credit cycle is starting to recover for U.S. credit cards and an improving economy will support bank credit stabilization. The firm raised its target on shares to $44 from $28.
  • JPMorgan upgraded Morgan Stanley (NYSE: MS) to Overweight from Neutral on valuation and believes the stock market recovery will serve as a catalyst.
  • Deutsche Bank upgraded F5 Networks (NASDAQ: FFIV) to Buy from Hold after its channel checks indicated a sooner-than-expected order ramp and stabilizing pricing trends. The firm raised its target on shares to $46 from $39.
  • COTT Corp. (NYSE: COT) was upgraded to Buy from Neutral at UBS.
  • Blackstone Group (NYSE: BX) was upgraded to Equal Weight from Underweight at Barclays.
  • Illinois Tool Works (NYSE: ITW) was upgraded to Conviction Buy from Neutral at Goldman.

Continue reading Analyst upgrades, downgrades and initiations: BX, COF, DD, MS, VMC, WM, ZION ...

Analyst upgrades, downgrades and initiations: BX, COF, DD, MS, VMC, WM, ZION ... originally appeared on BloggingStocks on Wed, 09 Sep 2009 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analyst upgradesBENBPOPBXCFNCHKPCOFCOTDDdowngradesDuPontEHTHFFIVinitiationsITWLTMMDASMorgan StanleyMSPCUVMCWMZIONWed, 09 Sep 2009 11:20:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: DIS, CSCO, K, MOT, OMX, RTP ...]]>http://www.bloggingstocks.com/2009/07/31/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/31/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/31/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , , ,

Analyst upgrades:

  • Morgan Keegan upgraded Motorola (NYSE: MOT) to Outperform from Market Perform due to the increased visibility of Android-based launches, as well as the stock's valuation.
  • OfficeMax (NYSE: OMX) was upgraded to Buy from Hold by Citigroup, which cited the company's stabilizing sales trend, accelerating share gains, and valuation.
  • Kaufman Bros. upgraded iRobot (NASDAQ: IRBT) to Buy from Hold on valuation.
  • Cancaccord upgraded Rio Tinto (NYSE: RTP) to Buy from Hold citing the turnaround in the aluminum business and its exposure to copper.
  • Wells Fargo upgraded Smith & Nephew (NYSE: SNN) to Market Perform from Underperform.
  • BT Group (NYSE: BT) was upgraded to Neutral from Reduce by Nomura.
  • Societe Generale raised L'Oreal (OTC: LRLCY) to Buy from Sell.
  • Franklin Resources (NYSE: BEN) was upgraded to Buy from Hold by Sandler O'Neill.

Continue reading Analyst upgrades, downgrades and initiations: DIS, CSCO, K, MOT, OMX, RTP ...

Analyst upgrades, downgrades and initiations: DIS, CSCO, K, MOT, OMX, RTP ... originally appeared on BloggingStocks on Fri, 31 Jul 2009 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AFLYYBENBTCCLCECOCiscoCSCODBDISDisneyDNBdowngradesESLRFFIVHAinitiaitonsIRBTKLRLCYLVLTMOTMotorolaNTAPOMXPGHRCLRGSRTPSNNupgradesFri, 31 Jul 2009 11:30:00 EST<![CDATA[Franklin Resources: Considerable upside remains]]>http://www.bloggingstocks.com/2009/07/20/franklin-resources-considerable-upside-remains/http://www.bloggingstocks.com/2009/07/20/franklin-resources-considerable-upside-remains/http://www.bloggingstocks.com/2009/07/20/franklin-resources-considerable-upside-remains/#commentsFiled under:

Experienced investors know that sometimes you have to make an exception. Generally not a fan of stand-alone money managers as equity plays, I've made an exception and issued a Buy recommendation for Franklin Resources (NYSE: BEN). Here's why:

Franklin's assets under management increased about 15% in Q2. Further, management fee rates, under pressure for several reasons, show signs of firming in 2009.

Continue reading Franklin Resources: Considerable upside remains

Franklin Resources: Considerable upside remains originally appeared on BloggingStocks on Mon, 20 Jul 2009 17:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BENFranklin ResourcesMon, 20 Jul 2009 17:45:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: BT, NVS, NOK, TXI, MTB ...]]>http://www.bloggingstocks.com/2009/07/17/analyst-upgrades-downgrades-and-initiations-bt-nvs-nok-txi/http://www.bloggingstocks.com/2009/07/17/analyst-upgrades-downgrades-and-initiations-bt-nvs-nok-txi/http://www.bloggingstocks.com/2009/07/17/analyst-upgrades-downgrades-and-initiations-bt-nvs-nok-txi/#commentsFiled under: , , , , ,

Analyst upgrades:
  • Canaccord upgraded Imperial Oil (NYSE: IMO) to Buy from Speculative Buy following an increase in crude oil forecast.
  • BT Group (NYSE: BT) was upgraded to Outperform from Market Perform at Bernstein.
  • Novartis (NYSE: NVS) was upgraded to Overweight from Neutral at JP Morgan.
  • CommVault (NASDAQ: CVLT) was upgraded to Neutral from Sell at Goldman.
  • AvalonBay (NYSE: AVB) was upgraded to Buy from Hold at Sandler O'Neill.

Continue reading Analyst upgrades, downgrades and initiations: BT, NVS, NOK, TXI, MTB ...

Analyst upgrades, downgrades and initiations: BT, NVS, NOK, TXI, MTB ... originally appeared on BloggingStocks on Fri, 17 Jul 2009 10:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adpalxnavbbenbtcmeimokmpmtbnokntynvsschnshpgytleotxiFri, 17 Jul 2009 10:50:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: LLY, NVLS, OSK, QCOM, RDS.A, RTP ...]]>http://www.bloggingstocks.com/2009/07/06/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/06/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/06/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , ,

Analyst upgrades:

  • JPMorgan upgraded Franklin Resources (NYSE: BEN) to Overweight from Underweight to reflect performance and sales improvements, as well as benefits from the weakening U.S. dollar. The firm has a $94 target on the stock.
  • Oppenheimer upgraded FormFactor (NASDAQ: FORM) to Outperform from Perform after channel checks indicated orders are recovering. The firm raised its target on shares to $30 from $22.
  • KeyBanc upgraded Oshkosh (NYSE: OSK) to Buy from Hold citing the company's MRAP-ATV contract win, which they view as a "game changer." The firm has a $30 target on the stock.
  • Novellus (NASDAQ: NVLS) was upgraded to Neutral from Underperform at Credit Suisse.
  • Ternium (NYSE: TX) was upgraded to Buy from Neutral at Goldman.
  • Cathay General (NASDAQ: CATY) was upgraded to Buy from Neutral at B. Riley.

Continue reading Analyst upgrades, downgrades and initiations: LLY, NVLS, OSK, QCOM, RDS.A, RTP ...

Analyst upgrades, downgrades and initiations: LLY, NVLS, OSK, QCOM, RDS.A, RTP ... originally appeared on BloggingStocks on Mon, 06 Jul 2009 11:40:00 EST. Please see our terms for use of feeds.

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Analyst upgrades:
  • Goldman upgraded shares of Daimler (NYSE: DAI) to Buy from Neutral as it believes the company's restructuring and greater visibility on its outlook could be positive for the stock.
  • JP Morgan upgraded shares of Goodyear Tire (NYSE: GT) and Cooper Tire (NYSE: CTB) to Overweight from Neutral on expectations that industry volumes will improve in the coming quarters.
  • Friedman Billings upgraded Websense (NASDAQ: WBSN) following the company's better than expected preliminary Q1 results. The firm maintains a $17 target on shares.
  • Ruby Tuesday (NYSE: RT) was upgraded to Buy from Hold at KeyBanc.
  • Portfolio Recovery (NASDAQ: PRAA) was raised to Buy from Neutral at SunTrust.

Continue reading Analyst upgrades, downgrades and initiations: DAI, GT, DB, FIATY, TXN ...

Analyst upgrades, downgrades and initiations: DAI, GT, DB, FIATY, TXN ... originally appeared on BloggingStocks on Wed, 08 Apr 2009 11:10:00 EST. Please see our terms for use of feeds.

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