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Analyst Calls: CAH, EXPE, FSLR, HOT, LVS, MWW, NUVA, POT ...

Analyst Upgrades

  • JPMorgan upgraded Vivus (VVUS) to overweight from neutral.
  • Citigroup upgraded Corn Products (CPO) to buy from hold.
  • Maxim Integrated (MXIM) was upgraded to outperform from market perform at FBR Capital.
  • Cardinal Health (CAH) was upgraded to outperform from neutral at RW Baird.
  • Citigroup upgraded Monster Worldwide (MWW) and EchoStar (SATS) to buy from hold, as well as Las Vegas Sands (LVS) to buy from sell.
  • BMO Capital upgraded Potash (POT) and Barrick Gold (ABX) to outperform from market perform.

Continue reading Analyst Calls: CAH, EXPE, FSLR, HOT, LVS, MWW, NUVA, POT ...

Analyst initiations: SOLF, BMRN and DNA

MOST NOTEWORTHY: Solarfun Power, BioMarin Pharmaceutical and Genentech were today's noteworthy initiations:
  • Jefferies initiated Solarfun Power (NASDAQ:SOLF) with a Buy rating and $18 target. The firm believes the one-third stake purchased by Good Energies and new management hires could generate operational momentum and that declining silicon costs may help margins.
  • BioMarin Pharmaceutical (NASDAQ:BMRN) was started at Oppenheimer with a Perform rating. The firm recommends waiting for Street estimates on Kuvan sales to moderate and for positive pipeline signals before adding to positions.
  • Genentech (NYSE:DNA) was initiated at Citigroup with a Buy rating and $91 target. The firm believes several studies could lead to robust growth and points out the company's Q2 results showed Avastin reaccelerating due to growth in breast cancer.
OTHER INITIATIONS:
  • Goldman reinstated Staples (NASDAQ:SPLS) with a Neutral rating.
  • Zebra Tech (NASDAQ:ZBRA) was initiated with a Hold rating at KeyBanc.
  • Rodman & Renshaw assumed coverage of Corcept Therapeutics (NASDAQ:CORT) with an Outperform rating and $8 target.
  • AuthenTec (NASDAQ:AUTH) was initiated at JP Morgan with an Overweight rating and at Canaccord Adams with a Hold rating and $10 target.

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 10, 2012: 11:18 PM

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