Analyst Upgrades

• General Electric (GE) and Barclays (BCS) to buy from neutral at UBS.
• Warnaco (WRC) to outperform from market perform and Melco Crown (MPEL) to market perform from underperform at Wells Fargo.
• Parker-Hannifin (PH) and Emerson Electric (EMR) to buy from neutral at Goldman.
• AMD (AMD) to buy from neutral at Nomura.
• Novellus (NVLS) and Sherwin-Williams (SHW) to equal weight from underweight at Morgan Stanley.
• OpenTable (OPEN) to outperform from market perform at Morgan Keegan.
• Skilled Healthcare (SKH) to buy from hold at Jefferies.
• Lear (LEA) to overweight from equal weight at Barclays.
• Adobe (ADBE) to buy from neutral at BofA/Merrill.

Continue reading Analyst Calls: AMD, BCS, BJ, CVC, EMR, GE, NVLS, PCG, PH, VLO, XOM ...

Analyst Calls: AMD, BCS, BJ, CVC, EMR, GE, NVLS, PCG, PH, VLO, XOM ... originally appeared on BloggingStocks on Mon, 10 Jan 2011 12:00:00 EST. Please see our terms for use of feeds.

• JP Morgan upgraded shares of Amazon (NASDAQ:AMZN) to Overweight from Neutral as they believe the company's market share gains in the e-commerce sector will continue and that new product lines are adding diversification of revenue streams.
  
• Wachovia upgraded Leap Wireless (NASDAQ:LEAP) to Outperform from Market Perform citing new market launches that should drive subscriber growth and reduced ARPU deterioration.
  
• Deutsche Bank upgraded shares of Pride International (NYSE:PDE) to Buy from Hold as they believe investors will view the stock as a pure deepwater play beginning in Q2.
• PDL BioPharma (NASDAQ:PDLI) was upgraded to Neutral from Underweight at JP Morgan.
  
• Best Buy (NYSE:BBY) was raised to Buy from Neutral at Goldman.
  
• Altera (NYSE:ALTR) was upgraded at Wachovia to Outperform from Market Perform.

• Keefe Bruyette downgraded Southside Bancshares (NASDAQ:SBSI), Prosperity Bancshares (NASDAQ:PRSP), Cullen/Frost (NYSE:CFR) and BancFirst (NASDAQ:BANF) to Underperform from Market Perform on valuation and the weakening economic outlook in the Southwest.
  
• Oppenheimer cut Varian Medial (NYSE:VAR) to Perform from Outperform as they believe U.S. hospitals could reduce capital spending budgets by 15%-25% in 2009.
  
• Dress Barn (NASDAQ:DBRN) was lowered to Neutral from Buy at SunTrust based on valuation and lack of near-term catalysts.
• JetBlue (NASDAQ:JBLU) was downgraded at Jesup & Lamont to Hold from Buy.
  
• Credit Suisse cut Novellus (NASDAQ:NVLS) to Underperform from Neutral.
  
• Helen of Troy (NASDAQ:HELE) was downgraded to Underweight from Neutral at JP Morgan.

• Merriman initiated Capstone Turbine (NASDAQ:CPST) with a Neutral rating and finds the stock fairly valued at current levels.
  
• Leerink sees a high likelihood that Momenta's (NASDAQ:MNTA) lead product candidates M-Enoxaparin and M-356 clear regulatory and legal hurdles. The firm has an Outperform rating and $16 fair value estimate on shares.
  
• NCI (NASDAQ:NCIT) was initiated with a Market Perform rating at Wachovia based on valuation.
• Teradyne (NYSE:TER) was assumed at Barclays with an Overweight rating and $6 target.

Analyst upgrades, downgrades and initiations: AMZN, LEAP, BBY, BANF, JBLU originally appeared on BloggingStocks on Mon, 05 Jan 2009 12:38:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Market surges after yo-yo session; WM and AIG up, SRDX, CPST, STT all down

Closing Bell: Market surges after yo-yo session; WM and AIG up, SRDX, CPST, STT all down originally appeared on BloggingStocks on Thu, 18 Sep 2008 16:20:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Dow slides as big bulls reverse course; AAPL, CPST up big

Closing Bell: Dow slides as big bulls reverse course; AAPL, CPST up big originally appeared on BloggingStocks on Tue, 12 Aug 2008 16:25:00 EST. Please see our terms for use of feeds.

Today was a mixed day in the news, despite the rally we saw in the equity markets. Some was related to a surge in the dollar causing a relatively small drop in oil prices after hints of the Saudis boosting production. The Labor Department reported that the inflation index, the Consumer Price Index, rose by +0.6% in May, just above the +0.5% economists were looking for. The core-CPI, an ex-food and ex-energy basis, showed only a gain of +0.2% that matched expectations. Too bad that no one can go without energy or food. Perhaps the more shocking number came out of the housing sector where there were reports that May's foreclosure rates were up 48% compared to last year's reading. Below are the unofficial closing bell levels for major index levels:]

DJIA: 12307.67 up 166.09
NASDAQ 2,454.50 up 50.15
S&P 500: 1,360.12
52-WEEK LOWS
TOP 10 ANALYST CALLS

Capstone Turbine Corporation (NASDAQ: CPST) was one the more active movers after its earnings, but the real boost came from the realization that its backlog was actually understated and even better than an already strong report. Shares were up in the final minutes today.

Continue reading Big run up to end hard week

Big run up to end hard week originally appeared on BloggingStocks on Fri, 13 Jun 2008 17:15:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Merriman believes Capstone Turbine (NASDAQ: CPST) is well-positioned for rapid growth as capacity constraints and dependence on subsidies drive the adoption of clean, dependable hydrocarbon-based technologies. Shares were assumed with a Buy rating.
  
• JMP Securities initiated Insulet (NASDAQ: PODD) with an Outperform rating and $29 target and expects increased adoption of the company's OmniPod disposable, tubeless insulin pump.
  
• Pacific Crest initiated Teradata (NYSE: TDC) with an Underperform rating. The firm is a seller of shares given the slowing economy and the company's exposure to larger IT deals.

• Commercial Metals (NYSE: CMC) was initiated at UBS with an Outperform rating and $37 target.

Analyst initiations: CPST, PODD, CMC and TDC originally appeared on BloggingStocks on Mon, 12 May 2008 12:42:00 EST. Please see our terms for use of feeds.

• DJIA 12,368.01 (+65.95; +0.54%)
• S&P500 1,335.00 (+6.68; +0.50%)
• NASDAQ 2,286.04 (+10.22; +0.45%)
• 10YR-TBond 3.57% (+0.067%)
• Full Pre-Market analyst calls.
• Big list of 52-week lows today.

Continue reading Closing Bell: All Quiet Ahead of the Intel front

Closing Bell: All Quiet Ahead of the Intel front originally appeared on BloggingStocks on Tue, 15 Apr 2008 16:15:00 EST. Please see our terms for use of feeds.

Continue reading What bear market? Ten stocks making new highs

What bear market? Ten stocks making new highs originally appeared on BloggingStocks on Thu, 06 Mar 2008 11:58:00 EST. Please see our terms for use of feeds.