LabCorp posts
FeedPosted Nov 21st 2007 9:55AM by Eric Buscemi (RSS feed)
Filed under: Intel (INTC), Analyst initiations
MOST NOTEWORTHY: AeroVironment, American Oriental and Intel were today's noteworthy initiations:
- Suntrust initiated AeroVironment (NASDAQ: AVAV) with a Buy rating and $32 target and expects AVAV's market leadership in unmanned aerial systems and increased effort in the high altitude to drive strong organic growth.
- Jefferies believes American Oriental (NYSE: AOB) is capable of making sizable acquisitions given its strong cash position and finds the valuation attractive at current levels. The firm started shares with a Buy rating and $20 target.
- Intel (NASDAQ: INTC) was initiated with a Neutral rating and $30 target at Baird on valuation.
OTHER INITIATIONS:
Posted Aug 30th 2007 10:45AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst reports, Analyst upgrades and downgrades, Good news, Motorola (MOT), Taser Intl Inc (TASR), Stocks to Buy
MOST NOTEWORTHY: Taser Int'l (TASR), Motorola (MOT), Advantest (ATE), STMicroelectronics (STM) and Joy Global (JOYG) were today's noteworthy upgrades:
- Merriman upgraded shares of Taser Int'l (NASDAQ: TASR) to Buy from Hold on valuation following the 25% decline in price since late July, accelerating law enforcement demand and upside potential from the recently launched personal TASER C2.
- Lehman upgraded shares of Motorola (NYSE: MOT) to Overweight from Equal Weight as they believe increased production and opex progress in Q3 could signal a turnaround at the company's phone unit.
- Jefferies upgraded Advantest (NYSE: ATE) to Hold from Underperform on valuation.
- STMicroelectronics (NYSE: STM) was upgraded to Market Perform from Underperform on valuation at Bernstein.
- Stifel upgraded shares of Joy Global (NASDAQ: JOYG) to Buy from Hold following the in line Q3 report as they believe bad news is reflected in valuation...
OTHER UPGRADES:
- Idacorp (NYSE: IDA) was upgraded to Market Perform from Under Perform at Wachovia.
- UBS upgraded TDK Corp (NYSE: TDK) to Neutral from Sell.
- Wedbush raised Big Lots (NYSE: BIG) to Buy from Hold, with a $35 target, and DSW Inc. (NYSE: DSW) to Hold from Sell, with a $29 target.
- LabCorp (NYSE: LH) was upgraded to Outperform from Neutral at Cowen.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Aug 15th 2007 11:42AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst reports, Advanced Micro Dev (AMD), Analyst initiations, , Stocks to Buy, Stocks to Sell
MOST NOTEWORTHY: Old Dominion Freight (ODFL), Jamba (JMBA), AMD (AMD), Orbitz Worldwide (OWW) and Quest Diagnostics (DGX) were today's notable initiations:
- Baird is positive on Old Dominion's (NASDAQ: ODFL) growth opportunities, valuation, 2008 improving truck fundamentals, and a potentially seasonally stronger Q4, starting shares with an Overweight rating and $36 target.
- Merriman initiated Jamba (NASDAQ: JMBA) with a Buy rating, as the company aggressively expands its store base beyond California.
- BMO Capital believes AMD (NYSE: AMD) may lose the Intel platform integrated graphics market, and sizeable Intel platform discrete graphics market share. The firm initiated AMD shares with an Underperform rating and $10 target.
- Soleil has concerns regarding Orbitz Worldwide's (NYSE: OWW) decelerating growth and poorer business mix vs. competitors and started shares with a Hold rating and $13 target.
- Credit Suisse initiated Quest Diagnostics (NYSE: DGX) with a Neutral rating and $61 target, citing the recent UnitedHealth (UNH) contract loss, slowing growth, and valuation for its Neutral rating...
OTHER INITIATIONS:
- JMP Securities started ShoreTel (NASDAQ: SHOR) with a Market Outperform rating.
- Credit Suisse initiated LabCorp (NYSE: LH) with an Outperform rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).