Analyst Upgrades

• Dominion (D) to buy from hold at Deutsche Bank.
• Corinthian Colleges (COCO) to outperform from underperform at RBC Capital.
• Canadian National (CNI) to sector outperformer from sector performer at CIBC.
• DragonWave (DRWI) to buy from hold at Jefferies.
• Infosys (INFY) to overweight from equal weight at Morgan Stanley.
• SL Green Realty (SLG), Lexington Realty (LXP) and Taubman Centers (TCO) to overweight from neutral at JPMorgan.
• Sunstone Hotel (SHO) to buy from neutral and Extra Space Storage (EXR) to buy from hold at KeyBanc.

Continue reading Analyst Calls: AEP, CCL, CNI, D, FDX, HAS, INFY, MAT, RCL, S, T, UPS, VZ ...

Analyst Calls: AEP, CCL, CNI, D, FDX, HAS, INFY, MAT, RCL, S, T, UPS, VZ ... originally appeared on BloggingStocks on Fri, 14 Jan 2011 11:20:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Exxon Mobil (XOM) and BB&T (BBT) to outperform from perform at Oppenheimer.
• D.R. Horton (DHI) upgraded to outperform from market perform at Wells Fargo.
• Meritage Homes (MTH), Old Dominion Freight (ODFL) and Heartland Payment (HPY) to outperform from market perform at Wells Fargo.
• Toll Brothers (TOL) to overweight from equal weight at Barclays.
• Hershey (HSY) to buy from neutral at Janney Capital.
• UnitedHealth (UNH), Cigna (CI) and Allscripts (MDRX) to buy from hold at Deutsche Bank.
• Nationwide Health (NHP) to outperform from market perform at JMP Securities.
• Reynolds American (RAI) to buy from neutral at UBS.
• Adtran (ADTN), PG&E (PCG) and Wisconsin Energy (WEC) to overweight from equal weight at Morgan Stanley.

Continue reading Analyst Calls: BBT, CI, DG, DHI, HSY, NFLX, RAI, TOL, UNH, WAT, XOM ...

Analyst Calls: BBT, CI, DG, DHI, HSY, NFLX, RAI, TOL, UNH, WAT, XOM ... originally appeared on BloggingStocks on Thu, 06 Jan 2011 11:40:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• JPMorgan upgraded T. Rowe Price (TROW) to overweight from neutral while downgrading Janus Capital (JNS) to underweight from neutral to reflect valuations and fundamentals. The firm has a $67 price target for T. Rowe Price shares.
• Piper Jaffray upgraded Lincoln Electric (LECO) to overweight from neutral as it believes the rebound in global manufacturing is accelerating. The firm has a $70 price target on the stock.
• Wells Fargo upgraded Highwoods Properties (HIW) to market perform from underperform, citing valuation and a strong balance sheet.
• Corning (GLW) was upgraded to outperform from sector perform at RBC Capital.
• Allergan (AGN) was upgraded to conviction buy from neutral at Goldman.
• Mohawk (MHK) was upgraded to buy from neutral at SunTrust.

Continue reading Analyst Calls: ARG, BX, CL, GLW, LECO, PALM, TEVA, TROW ...

Analyst Calls: ARG, BX, CL, GLW, LECO, PALM, TEVA, TROW ... originally appeared on BloggingStocks on Mon, 19 Apr 2010 11:20:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• Barclays believes Procter & Gamble's (NYSE: PG) portfolio mix provides better leverage to stabilizing macro trends. The firm upgraded shares to Overweight from Equal weight and raised its target to $60 from $56. Note the firm downgraded Colgate (NYSE: CL) to Equal Weight from Overweight.
• Deutsche Bank upgraded McDonald's (NYSE: MCD) to Buy from Hold as it finds the risk/reward on shares compelling at current levels and sees upcoming catalysts from McCafe and easing commodity pressures. The firm raised its target price to $65 from $60.
• FBR Capital upgraded Talbots (NYSE: TLB) to Outperform from Market Perform to reflect an attractive risk/reward, reduced risk of a bankruptcy, and merchandise improvements. The firm raised its target price to $4 from $2.
• Nokia (NYSE: NOK) was upgraded to Buy from Hold at Deutsche Bank.
• Analog Devices (NYSE: ADI) was upgraded to Neutral from Underperform at Baird.

Continue reading Analyst upgrades, downgrades and initiations: PG, MCD, TLB, CL, JTX, HD, IPCM, MYRG and NFLX

Analyst upgrades, downgrades and initiations: PG, MCD, TLB, CL, JTX, HD, IPCM, MYRG and NFLX originally appeared on BloggingStocks on Wed, 20 May 2009 10:30:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Friedman Billings believes Taubman Centers (NYSE: TCO) is very well positioned with its upscale regional malls and lifestyle centers to weather the current challenges in the current retail environment. Shares were assumed with an Outperform rating and $64 target.
  
• JP Morgan initiated AstraZeneca (NYSE: AZN) with a Neutral rating. The firm expects investor confidence in the coming months to improve as expectations are AZN's pipeline is low.
  
• Deutsche Bank finds Blue Nile (NASDAQ: NILE) fairly valued given the challenging economic environment and rising commodity prices and initiated shares with a Hold rating and $48 target.

• Wachovia started American Water Works (NYSE: AWK) with a Market Perform rating.
  
• Heartland Payment (NYSE: HPY) was assumed with a Buy rating and $33 target at Citigroup.
  
• Goldman resumed coverage of AbitibiBowater (NYSE: ABH) with a Neutral rating.

Analyst initiations: TCO AZN, NILE, AWK, HPY, ABH originally appeared on BloggingStocks on Mon, 02 Jun 2008 12:24:00 EST. Please see our terms for use of feeds.

• Heartland Payment (NYSE: HPY) was upgraded to Outperform from Neutral at Baird on valuation.
• Holly Corp. (NYSE: HOC) was upgraded to Buy from Neutral at UBS on valuation.
  
• UBS also upgraded Buckeye Technologies (NYSE: BKI) to Buy from Sell on valuation and stabilizing fundamentals.

• TAM SA (NYSE: TAM) was upgraded to Equal Weight from Underweight at Morgan Stanley.
  
• Bear Stearns raised MasterCard (NYSE: MA) to Outperform from Peer Perform.
  
• Keefe Bruyette upgraded Hancock Holding (NASDAQ: HBHC) to Outperform from Market Perform.

Analyst upgrades: Heartland Payment, Holly Corp., Buckeye Technologies originally appeared on BloggingStocks on Thu, 20 Dec 2007 10:54:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY: Circuit City, Best Buy, COTT Corp and o2 Micro were today's noteworthy initiations:

• Wachovia started shares of Circuit City Stores Inc (NYSE: CC) with a Market Perform rating, citing low visibility into near-term fundamentals and low conviction in EPS.
• The firm also started shares of Best Buy Incorporated (NYSE: BBY) with a Market Perform rating, citing low visibility into holiday sales and product margin trends and valuation.
• Gabelli started COTT Corporation (NYSE: COT) with a Hold rating, as they believe the company's Q3 was disappointing. The firm thinks COTT lacks pricing power, and would look for margin improvement and successful non-carbonated soft drink penetration from the company before recommending the stock
• Thomas Weisel started shares of o2 Micro International Limited (NASDAQ: OIIM) with an Overweight rating and $24 target. The firm believes the company is in good position to compete in the high growth markets of power management, advanced lighting and security and surveillance

• Goldman started shares of Heartland Payment Systems (NYSE: HPY) with a Buy rating and VeriFone Holdings, Inc (NYSE: PAY) and Total System Services Inc (NYSE: TSS) with Neutral ratings.
• Gasco Energy Inc (AMEX: GSX) was initiated with an Outperform rating at Morgan Keegan.
• Morgan Joseph resumed coverage of Stage Stores Inc (NYSE: SSI) with a Hold rating.

Analyst initiations: CC, BBY, COT and OIIM originally appeared on BloggingStocks on Fri, 26 Oct 2007 11:20:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• UBS is positive on Genentech Inc's (NYSE: DNA) leading industry franchises and potential upside from development projects and started shares with a Buy rating and $101 target.
  
• HSBC Holdings (NYSE: HBC) was assumed with a Reduce rating at WestLB, as the firm believes subprime concerns may hold back shares in the near-term.
  
• Jefferies initiated shares of SunTech Power Holdings (NYSE: STP) with a Buy rating and $45 target. The firm believes the company is positioned to beat 2007 and 2008 expectations by ramping manufacturing capacity and production faster than expected.
  
• Jefferies also resumed coverage of SunPower Corporation (NASDAQ: SPWR) with a Hold rating and $90 target, citing valuation, but believes the stock's higher multiple is justified given the company's superior growth potential.
  
• Force Protection Inc (NASDAQ: FRPT) was initiated with a Market Perform rating and Friedman Billings, as they believe near-term production expectations are too high given emerging DOD funding issues.

• Lehman started shares of Arcelor Mittal (NYSE: MT) with an Overweight rating.
  
• UBS started shares of RF Micro Devices (NASDAQ: RFMD) with a Neutral rating.
  
• Cowen resumed coverage of Savient Pharmaeuticals Inc (NASDAQ: SVNT) with an Outperform rating.
  
• Morgan Keegan started shares of Heartland Payment Systems Inc (NYSE: HPY) with a Market Perform rating.

Analyst initiations: DNA, HBC, STP, SPWR and FRPT originally appeared on BloggingStocks on Fri, 21 Sep 2007 11:00:00 EST. Please see our terms for use of feeds.

Wall Street's equity market marches into Fall with a full schedule this week, with three IPOs and eight Secondaries on the docket.

Those deals tentatively scheduled to price include:

IPOs:

Seanergy Maritime (SRG), a 20M-share IPO for this blank check financing company. Maxim is the lead manager. Filing price: $10.

Continue reading IPO & secondary preview -- Week of September 17, 2007

IPO & secondary preview -- Week of September 17, 2007 originally appeared on BloggingStocks on Mon, 17 Sep 2007 16:25:00 EST. Please see our terms for use of feeds.