EPB posts
FeedPosted Aug 26th 2008 11:40AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Monster Worldwide (MNST), Analyst initiations, Marvell Technology Group (MRVL), EOG Resources (EOG), salesforce.com inc (CRM)
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Analyst upgrades:
- Citigroup upgraded shares of Salesforce.com (NYSE: CRM) to Buy from Hold on valuation following the recent weakness and expects positive seasonality in the second half of 2008.
- Gilat Satellite (NASDAQ: GILT) was upgraded to Outperform from Market Perform at William Blair on valuation.
- Cott Corp (NYSE: COT) was raised at UBS to Neutral from Sell.
- EOG Resources (NYSE: EOG) was upgraded to Market Perform from Underperform at Bernstein.
- Integra LifeSciencues (NASDAQ: IART) was raised to Buy from Hold at Argus.
Analyst downgrades:
- Jefferies downgraded shares of Marvell Tech (NASDAQ: MRVL) to Hold from Buy on HDD inventory concerns and share loss at Research in Motion (NASDAQ: RIMM) after checks indicated MRVL likely lost the design for the RIM Javelin to Freescale. The firm lowered their target to $15 from $22.
- Oppenheimer downgraded Integrated Device (NASDAQ: IDTI) to Perform from Outperform as they believe the upcoming Intel (NASDAQ: INTC) server memory transition will pressure shares for several quarters.
- Broadpoint downgraded shares of Healthaways (NASDAQ: HWAY) to Neutral from Buy as they see few near-term catalysts.
Continue reading Analyst calls: CRM, COT, EOG, MRVL, MNST, COMV, V
Posted Dec 28th 2007 11:06AM by Eric Buscemi (RSS feed)
Filed under: Analyst upgrades and downgrades, Analyst initiations
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MOST NOTEWORTHY UPGRADES:
- There were no notable upgrades today.
MOST NOTEWORTHY DOWNGRADES:
- Bear Stearns downgraded MSC Industrial (NYSE:MSM) shares to Peer Perform from Outperform following yesterday's durable goods data as they believe the U.S. maintenance, repair and overhaul market could modestly slow in the near-term.
- Citigroup downgraded shares of Golden Telecom (NASDAQ:GLDN) to Hold from Buy and lowered their target to $105, equal to the takeout offer from VimpelCom.
- Chicago Bridge & Iron (NYSE:CBI) was downgraded to Neutral from Add at Capital One Southcoast.
MOST NOTEWORTHY INITIATIONS:
Posted Dec 27th 2007 12:02PM by Eric Buscemi (RSS feed)
Filed under: Analyst upgrades and downgrades, Analyst initiations
MOST NOTEWORTHY UPGRADES:
- Potash Corp. (NYSE: POT) was upgraded to Buy from Neutral at Goldman based on the company's unprecedented sustainable pricing power.
MOST NOTEWORTHY DOWNGRADES:
MOST NOTEWORTHY INITIATIONS:
- Credit Suisse believes Willbros Group Inc. (NYSE: WG) is well-positioned to capitalize on increased pipeline construction. The firm started shares with an Outperform rating and $46 target.
- CIBC, which said Rubicon Tech (NASDAQ: RBCN) is the leading sapphire supplier with the most advanced and highest quality substrate, views the company as uniquely positioned to leverage fast ramping LED volumes as new applications drive demand. CIBC initiated Rubicon with a Sector Outperformer rating and $23 target.
- Citigroup initiated El Paso Pipeline (NYSE: EPB) with a Buy rating and $28 target.
- Keefe Bruyette initiated Mercer Insurance (NASDAQ: MIGP) with a Market Perform rating and $19 target.
- Internet Brands (NASDAQ: INET) was initiated with an Overweight rating and $14 target at Thomas Weisel.
Posted Dec 26th 2007 12:00PM by Eric Buscemi (RSS feed)
MOST NOTEWORTHY: First Bancorp. and Volcom were today's noteworthy initiations:
- B. Riley initiated First Bancorp. (NYSE: FBP) with a Buy rating, citing the company's balance sheet growth, reduced expenses and strong capital base.
- Volcom Inc. (NASDAQ: VLCM) was also initiated with a Buy rating by B. Riley, as the firm believes the company can grow its business through further penetration into domestic markets, brand extension into new categories and increased demand for its brands.
OTHER INITIATIONS:
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