EVVV posts
FeedPosted Feb 6th 2009 11:50AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Dell (DELL), Costco Wholesale (COST), Analyst initiations, Akamai Technologies (AKAM)
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Analyst upgrades:
- Baird upgraded Carlisle (NYSE:CSL) to Outperform from Neutral and lowered their target to $25 from $33 following the company's Q4 results citing attractive valuation and solid execution.
- Citigroup upgraded Talbots (NYSE:TLB) to Hold from Sell on valuation as they believe the company's cash flow is improving and does not expect the company to face bankruptcy in next three years.
- Jefferies upgraded shares of Spectra Energy (NYSE:SE) to Hold from Underperform on valuation following the company's Q4 results and raised their target price to $15 from $11.75.
- Costco (NASDAQ:COST) was upgraded to Buy from Neutral at UBS.
- AU Optronics (NYSE:AUO) and LG Display (NYSE:LPL) were upgraded to Buy from Neutral at Banc of America/Merrill.
- Alpha Natural (NYSE:ANR) was raised to Buy from Hold at Natixis.
Continue reading Analyst upgrades, downgrades and initiations: COST, LPL, SWCEY, AKAM, LEAP
Posted Apr 7th 2008 12:02PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst initiations
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MOST NOTEWORTHY: EV3, Steel Dynamics and Sonic were today's noteworthy initiations:
- JP Morgan initiated EV3 (NASDAQ: EVVV) with a Neutral rating. The firm sees risk to guidance and finds it too early to recommend the stock.
- Steel Dynamics (NASDAQ: STLD) was assumed with an Overweight rating at Morgan Stanley.
- Lehman initiated Sonic (NASDAQ: SONC) with an Overweight rating.
OTHER INITIATIONS:
- HSBC initiated Rostelecom (NYSE: ROS) with an Underweight rating and $36.50 target.
- Keefe Bruyette assumed German American Bancorp (NASDAQ: GABC) with a Market Perform rating and $13 target.
- JP Morgan initiated Perdigao (NYSE: PDA) with an Overweight rating.
Posted Oct 12th 2007 10:55AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades
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MOST NOTEWORTHY: UQM Technologies, Blue Nile, NPS Pharmaceuticals, Massey Energy and Hartford Financial were today's noteworthy downgrades:
- Merriman downgraded shares of UQM Technologies Inc (AMEX: UQM) to Neutral from Buy after Phoenix Motorcars delayed its electric vehicle manufacturing ramp, as they view the company's Phoenix Motorcars relationship as the primary driver for near-term growth.
- Citigroup downgraded shares of Blue Nile Inc (NASDAQ: NILE) to Sell from Hold on valuation as they believe near-term risks outweigh rewards. They see risk to Q3 revenue estimates and their analysis suggests an in-line quarter at best.
- NPS Pharmaceuticals Inc (NASDAQ: NPSP) was downgraded to Neutral from Buy at Oppenheimer and to Hold from Buy at Jefferies. Oppenheimer lowered shares following disappointing Gattex data; Jefferies believes the P3 GATTEX results in short bowel syndrome make the chances of successful low-dose approval unpredictable.
- Friedman Billings downgraded Massey Energy Company (NYSE: MEE) to Underperform from Market Perform based on valuation, 2008/2009 outlook, spinoff of Patriot Coal appears to be a better investment option, and another blow to mountaintop mining and permit issues.
- JP Morgan removed The Hartford Financial Services Group Inc (NYSE: HIG) from their Focus List; however, they believe the company's fundamental outlook remains positive and expects strong Q3 results.
OTHER DOWNGRADES:
Will Rich Ross really have a positive impact on Disney's movie operations?
Consumers sick of recession, may spend extra on holidays
Corrections, seasonality and Santa Claus
