Analyst Upgrades

• Bunge (BG) to buy from hold at Deutsche Bank.
• Textron (TXT) to overweight from neutral at JPMorgan.
• CSX (CSX) to buy from neutral and Pulte Group (PHM) to conviction buy from neutral at Goldman.
• Aol (AOL) to buy from neutral at UBS.
• Kohlberg Capital (KCAP) to outperform from market perform at JMP Securities.
• Owens Corning (OC) to buy from neutral at BofA/Merrill.
• Jefferies (JEF) to buy from neutral at Ticonderoga.
• Harris (HRS) to outperform from perform at Oppenheimer.

Continue reading Analyst Calls: AOL, BG, CCL, CP, CSX, HRS, NE, OC, PHM, RIG, SBUX, TXT ...

Analyst Calls: AOL, BG, CCL, CP, CSX, HRS, NE, OC, PHM, RIG, SBUX, TXT ... originally appeared on BloggingStocks on Wed, 23 Mar 2011 11:20:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Netflix (NFLX) and Zions Bancorp (ZION) to outperform from neutral at Credit Suisse.
• Akamai (AKAM) to buy from neutral at Merriman.
• CSX (CSX) to overweight from equal weight at Barclays.
• Nordstrom (JWN) to buy from neutral, WellCare (WCG) to conviction buy from buy and Humana (HUM) to neutral from sell at Goldman.
• E-Commerce China Dangdang (DANG) to overweight from neutral at Piper Jaffray.
• VMware (VMW) to buy from neutral at BofA/Merrill.
• Celanese (CE) to overweight from equal weight at Morgan Stanley.

Continue reading Analyst Calls: ADM, AKAM, ALL, CP, CSX, HRL, HUM, JWN, NFLX, NSRGY ...

Analyst Calls: ADM, AKAM, ALL, CP, CSX, HRL, HUM, JWN, NFLX, NSRGY ... originally appeared on BloggingStocks on Tue, 22 Mar 2011 11:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Expedia (EXPE) to buy from hold at Citigroup.
• Weatherford (WFT) to outperform from market perform at Wells Fargo.
• Abercrombie & Fitch (ANF) to buy from neutral at BofA/Merrill.
• MDC Holdings (MDC) to outperform from neutral at Credit Suisse.
• AutoNavi (AMAP) to buy from neutral at Goldman.
• Ciena (CIEN) and Nvidia (NVDA) to neutral from underweight at JPMorgan.
• Canadian Pacific (CP) to outperform from market perform at Raymond James.
• First Midwest (FMBI) and Quiksilver (ZQK) to buy from hold at Jefferies.
• Sonic (SONC) to neutral from negative at Susquehanna.
• MIPS Technologies (MIPS) to buy from hold at Benchmark Co.
• Arrow Electronics (ARW) and Avnet (AVT) to buy from hold at Stifel Nicolaus.

Continue reading Analyst Calls: ANF, BBBY, CIEN, CP, EXPE, ICE, NVDA, QCOM, SONC ...

Analyst Calls: ANF, BBBY, CIEN, CP, EXPE, ICE, NVDA, QCOM, SONC ... originally appeared on BloggingStocks on Tue, 08 Mar 2011 11:40:00 EST. Please see our terms for use of feeds.

Take an investment page from Warren Buffett's playbook: Buffett likes the rails -- perhaps you should too? And Canadian Pacific Railway (CP) fits the bill.

Canadian Pacific was first discussed here on May 1, 2009, at a price of $37.47, and the stock continued to rise this winter after a period of choppy action last summer. Shares easily took out $60 resistance, tested $70, and will likely trend toward $80 by the end of 2011.

Canadian Pacific will probably register an impressive 7% to 9% revenue increase in 2011, after a 10% to 12% surge in 2010.

Continue reading Canadian Pacific: Ride the Railroad Resurgence

Canadian Pacific: Ride the Railroad Resurgence originally appeared on BloggingStocks on Sat, 26 Feb 2011 09:20:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• GC Financial upgraded Microsoft (MSFT) to buy from hold, citing expectations that the company will raise its quarterly dividend by 15%. The firm upped its target for shares to $30 from $29.
• JPMorgan upgraded Agrium (AGU) to overweight from neutral, citing valuation and strengthening agricultural fundamentals. The firm raised its target for shares to $75 from $70. Note JPMorgan downgraded Mosaic (MOS) this morning to neutral from overweight.
• Susquehanna upgraded Baker Hughes (BHI) to positive from neutral based on valuation. The firm has a $53 target on the stock.
• Target (TGT) was upgraded to buy from neutral at BofA/Merrill.
• CF Industries (CF) was upgraded to conviction buy from neutral at Goldman.
• Portugal Telecom (PT) was upgraded to buy from hold at Deutsche Bank.

Continue reading Analyst Calls: AGU, BHI, CP, GOOG, HUM, MOS, MSFT, TGT, VAL, YHOO ...

Analyst Calls: AGU, BHI, CP, GOOG, HUM, MOS, MSFT, TGT, VAL, YHOO ... originally appeared on BloggingStocks on Tue, 17 Aug 2010 11:50:00 EST. Please see our terms for use of feeds.

Continue reading Ride the rails with Canadian Pacific

Ride the rails with Canadian Pacific originally appeared on BloggingStocks on Fri, 28 Aug 2009 15:15:00 EST. Please see our terms for use of feeds.

Continue reading Canadian Pacific: Northern runs, northern profits

Canadian Pacific: Northern runs, northern profits originally appeared on BloggingStocks on Fri, 01 May 2009 12:00:00 EST. Please see our terms for use of feeds.

Continue reading Canadian Pacific demonstrates that the rail revival is not U.S.-centric

Canadian Pacific demonstrates that the rail revival is not U.S.-centric originally appeared on BloggingStocks on Thu, 05 Jun 2008 11:44:00 EST. Please see our terms for use of feeds.

Continue reading As wider audience discovers U.S. railroads, perhaps you should, too

As wider audience discovers U.S. railroads, perhaps you should, too originally appeared on BloggingStocks on Mon, 21 Apr 2008 17:44:00 EST. Please see our terms for use of feeds.

Continue reading Always lost at Monopoly? Re-coop with a railroad stock

Always lost at Monopoly? Re-coop with a railroad stock originally appeared on BloggingStocks on Wed, 05 Dec 2007 17:55:00 EST. Please see our terms for use of feeds.

Canadian Pacific helps keep the great north connected originally appeared on BloggingStocks on Wed, 05 Dec 2007 14:05:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Merriman upgraded Sonus Networks (NASDAQ: SONS) to Neutral from Sell following its win at BT Group (NYSE: BT) for its ASX platform, which the firm believes endorses the company's technology.
  
• Cantor upgraded Kenexa (NASDAQ: KNXA) to Buy from Hold. The firm finds the stock being 40%+ off due to the 3Q weak earnings report as quite an overreaction and believes there is more than enough upside to advise buying shares. Management announced a 2M share buyback program.
  
• Shares of Canadian Pacific (NYSE: CP) was upgraded to Sector Outperformer from Sector Performer at CIBC, as they believe the strong Canadian Dollar and the delay in STB approval of the DM&E acquisition is priced into shares.
  
• Applied Materials (NASDAQ: AMAT) was upgraded to Outperform from Neutral at JP Morgan and to Buy from Hold at Citigroup; Citigroup expects capex revisions to start to reverse in mid-08 and views solar as a free option.
  
• Piper Jaffray raised its rating on Powerwave Technologies (NASDAQ: PWAV) to Outperform from Market Perform on valuation and seasonally strong Q4 capex trends.

• eBay (NASDAQ: EBAY) was upgraded to Outperform from Market Perform at Piper Jaffray.
  
• Morgan Joseph upgraded Perini (NYSE: PCR) to Buy from Hold and Shuffle Master (SHFL) to Hold from Sell.
  
• Goldman upgraded China Petroleum & Chemical Corp (NYSE: SNP) to Buy from Neutral.

Analyst upgrades: SONS, KNXA, CP, AMAT and PWAV originally appeared on BloggingStocks on Fri, 09 Nov 2007 11:00:00 EST. Please see our terms for use of feeds.

MAJOR PAPERS:

• According to the Wall Street Journal's (subscription required) "Heard on the Street" column, some investors are speculating that Warren Buffett's Berkshire Hathaway Inc (NYSE: BRK.A) could buy struggling mortgage lender Countrywide Financial Corporation (NYSE: CFC).
• Five insiders bought $592.7K in Orbitz Worldwide Inc's (NYSE: OWW) stock at per-share prices ranging from $9.55 to $10.10, reported Barron's Online's (subscription required) "Inside Scoop" column.
• The Financial Times (subscription required) reported that General Electric Company (NYSE: GE) is believed to be considering the sale of Lake, its Japanese consumer finance subsidiary.

• Lehman Brothers Holdings Inc (NYSE: LEH) has bought a 26% stake in ECL Finance, the non-banking finance company of India's Edelweiss Capital, for about $4.3M, reported the Business Standard.
• Brookfield Asset Management Inc (NYSE: BAM) has shelved its plan to buy Canadian Pacific Railway Limited (NYSE: CP) due to the global credit crunch and the current lack of funding for leveraged buyouts, reported the Globe and Mail.

• According to security company Symantec Corporation's (NASDAQ: SYMC) blog, there is a new Trojan called "infostealer.monstres" which is attacking online recruitment site Monster.com (NASDAQ: MNST).

Newspaper wrap-up: Buffett interested in Countrywide (CFC)? originally appeared on BloggingStocks on Tue, 21 Aug 2007 08:56:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Citigroup cut Statoil (NYSE: STO), BG Group (NYSE: BRG) and Repsol SA (NYSE: REP) to Sell from Hold due to valuation and the difficult operating environment.

• Matrix USA downgraded Flow International (NASDAQ: FLOW) to Strong Sell from Hold, citing weak demand from Asian customers that led to slowing sales growth.

• Bernstein downgraded the refining sector to Underperform and refiners Sunoco (NYSE: SUN) and Valero Energy (NYSE: VLO) to Underperform from Market Perform...

• Canadian Pacific (NYSE: CP) was cut to Neutral from Outperform at Credit Suisse; RBC Capital downgraded CP shares to Sector Perform from Outperform.

• Goldman downgraded Taiwan Semi (NYSE: TSM) to Neutral from Buy.

• Buckingham lowered Johnson Controls (NYSE: JCI) to Accumulate from Buy.

• Credit Suisse downgraded Cardinal Health (NYSE: CAH) to Neutral from Outperform.

Analyst downgrades 7-19-07: CAH, JCI, SUN, TSM and VLO originally appeared on BloggingStocks on Thu, 19 Jul 2007 11:07:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Wedbush initiated CKE Restaurants (NYSE: CKR) with a Buy rating and $25 target.

• Wachovia resumed coverage of Texas Instruments Inc (NYSE: TXN) with an Outperform rating, as the firm believes that TXN's fundamentals have bottomed and the valuation is attractive.

• SurModics Inc (NASDAQ: SRDX) was initiated with an Underperform rating and $28 target at Piper Jaffray. Piper doesn't see a near-term catalyst to move shares higher given a lack of visibility regarding new licenses.

• Nokia (NYSE: NOK) was initiated at Nollenberger with a Neutral rating.

• HSBC started DirecTV (NYSE: DTV) with an Underweight rating and $21 target.

• Stanford initiated Armor Holdings, Inc (NYSE: AH) with a Buy rating and $80 target.

• Wedbush initiated Jack in the Box Inc (NYSE: JBX) with a Hold rating and $68 target, citing the company's operational improvements and benefits from ongoing refranchising and share repurchases are fully reflected in the stock price.

• Canadian Pacific Railway Ltd (NYSE: CP) was initiated with a Sector Performer rating at CIBC.

• Stifel initiated Medical Properties Trust, Inc (NYSE: MPW) with a Hold rating.

• Bear Stearns initiated Teva Pharmaceutical Industries Ltd (NASDAQ: TEVA) with a Peer Perform rating.

• Thomas Wiesel initiated shares of Cepheid (NASDAQ: CPHD) and Luninex Corp (NASDAQ: LMNX) with Overweight ratings.

Analyst initiations 3-20-07: Nokia, Teva Pharma & Texas Insturments initiated today originally appeared on BloggingStocks on Tue, 20 Mar 2007 11:21:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Prudential started YRC Worldwide Inc (NASDAQ: YRCW) with an Underweight rating and $41 target. The firm said recent organizational changes could be a distraction in what it expects to be a challenging first-half of 2007.

• Susquehanna views Baidu.com Inc (NASDAQ: BIDU) as a strategic holding in its China portfolio and expects the company's massive brand value to drive continuous growth; shares were initiated at Susquehanna with a Positive rating.

• Oppenheimer initiated three e-commerce names today:
  
• eBay Inc (NASDAQ: EBAY) was initiated with a Buy rating and $38 target
• Overstock.com, Inc (NASDAQ: OSTK) and Amazon.com, Inc (NASDAQ: AMZN) were initiated with Neutral ratings.

• In addition to YRC Worldwide, Prudential initiated several companies in the transportation sector:
  
• Con-Way Inc (NYSE: CNW) was started with an Underweight rating and $47 target
  
• Canadian Pacific Railway (NYSE: CP) and Norfolk Southern (NYSE: NSC) were initiated with Overweight ratings
  
• Canadian National Railway (NYSE: CNI) was initiated with a Neutral rating and $47 target.

• Jefferies initiated Forest Oil Corp (NYSE: FST) with a Buy rating and $42 target.

• Citigroup believes aQuantive, Inc (NASDAQ: AQNT) will be one of the key beneficiaries of the strong secular growth in online advertising and they note that shares are trading in the lower half of its 52-week range; shares were initiated with a Buy rating and $33 target.

Analyst initiations 3-06-07: eBay, Amazon.com & YRC Worldwide initiated today originally appeared on BloggingStocks on Tue, 06 Mar 2007 11:17:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Calyon Securities initiated coverage on the following stocks, all with Neutral ratings, including Burlington Northern Santa Fe Corp (NYSE: BNI), Canadian National Railway Co (NYSE: CNI), Canadian Pacific Ltd (NYSE: CP), CSX Corp (NYSE: CSX), Norfolk Southern Corp (NYSE: NSC).and Union Pacific Corp (NYSE: UNP).

• Obagi Medical (NASDAQ: OMPI) was initiated by Baird with an Outperform rating and $13 target; CIBC started the specialty pharmaceutical company with a Sector Outperformer rating and $14 target, saying the company is a pure play in the rapidly-growing aesthetics market and has expectations that the company's growth will accelerate due to the rise in physician-dispensed products.

• MasterCard Inc (NYSE: MA) was initiated with a Neutral rating at Merrill Lynch.

• Xoma Ltd (NASDAQ: XOMA) was initiated with a Market Outperform rating at Rodman & Renshaw. The firm said XOMA's antibody technology licenses and manufacturing provide an important source of consistent and growing commercial revenues. Additionally, the broker said Raptiva is becoming a more meaningful contributor.

Analyst initiations 1-23-07: Calyon's been working on the Railroads originally appeared on BloggingStocks on Tue, 23 Jan 2007 11:53:00 EST. Please see our terms for use of feeds.