CHLN posts
FeedPosted Mar 27th 2009 10:00AM by Laurie Pasternack (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Microsoft (MSFT), Amazon.com (AMZN), ConAgra Foods (CAG), ConocoPhillips (COP), Morgan Stanley (MS), Analyst initiations, Trina Solar ADS (TSL), Suntech Power Hldgs ADS (STP), PG and E Corporation (PCG)
Analyst upgrades:
- JP Morgan upgraded J.C. Penney (NYSE: JCP) to Neutral from Underweight based on lower input costs, stabilization in home, lower markdown dollars, and valuation.
- Oppenheimer upgraded Novellus (NASDAQ: NVLS) to Perform from Underperform as it believes Novellus' market share has stabilized and that the company is a potential acquisition target. The firm raised its price target to $20 from $9.
- Bernstein upgraded ConAgra (NYSE: CAG) to Market Perform from Underperform citing strength in grains and moderating input costs.
- ConocoPhillips (NYSE: COP) was raised to Buy from Neutral at Goldman.
- China Housing (NASDAQ: CHLN) was upgraded to Buy from Hold at Roth Capital.
Continue reading Analyst upgrades, downgrades and initiations: JCP, NVLS, CAG, RJF, PCG, STP, AMZN, MS, MSFT
Posted Apr 4th 2008 11:10AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Cisco Systems (CSCO), NYSE Euronext (NYX), Analyst initiations, Juniper Networks (JNPR)
MOST NOTEWORTHY: Cisco Systems, NYSE Euronext, Nasdaq and Cognicase were today's noteworthy initiations:
- Friedman Billings believes Cisco Systems (NASDAQ: CSCO) is well-positioned to take advantage of "Business 2.0" applications and to gain share in a slower economic environment. The firm initiated shares with an Outperform rating and $31 target.
- NYSE Euronext (NYSE: NYX) and Nasdaq (NASDAQ: NDAQ) were assumed with a Neutral rating and $72 target and $44 target, respectively, at UBS. The firm cited increasing competition and moderating volumes.
- Deutsche Bank believes Cognicase (COGI) is one of the few carriers offering high-capacity commercial Internet access to enterprise customers at a discount to nearly all of its competitors. Shares were initiated with a Buy rating and $23 target.
OTHER INITIATIONS:
- China Housing (OTCBB: CHLN) was initiated at Merriman with a Buy rating.
- Goldman started Juniper (NASDAQ: JNPR) with a Market Perform rating and $27 target.
- Suntrust initiated hhgregg (NYSE: HGG) with a Buy rating and $16 target.