MITI posts
FeedPosted Mar 25th 2009 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Hewlett-Packard (HPQ), PepsiCo (PEP), Netflix, Inc. (NFLX), American Express (AXP), Research in Motion (RIMM), Goldman Sachs Group (GS), Analyst initiations, Rio Tinto plc ADS (RTP)
Analyst upgrades:
- JMP Securities upgraded CB Richard Ellis (NYSE: CBG) to Outperform from Market Perform. The analyst believes the new Public-Private Investment Program will create liquidity, which will result in some degree of activity. Shares were also upgraded at JP Morgan to Overweight from Neutral.
- Thomas Weisel upgraded Linear Tech (NASDAQ: LLTC) to Overweight from Market Weight due to stabilizing business and favorable end market exposure.
- UBS upgraded PepsiCo (NYSE: PEP) to Buy from Neutral and raised its target to $60 from $57 due to moderating input costs, earnings and investment flexibility, improving U.S. beverage business, and leverage from its market share in food.
- Tibco (NASDAQ: TIBX) was raised to Buy from Neutral at Goldman.
- Philips Electronics (NYSE: PHG) was upgraded at ING Group to Buy from Hold.
- Hospira (NYSE: HSP) was upgraded to Outperform from Market Perform at Leerink.
Continue reading Analyst upgrades, downgrades and initiations: PEP, AXP, RTP, WSM, RIMM, HPQ ...
Posted May 29th 2008 11:16AM by Eric Buscemi (RSS feed)
Filed under: Yahoo! (YHOO), Analyst initiations
MOST NOTEWORTHY: Beckman Coulter, BT Group and Micromet were today's noteworthy initiations:
- Oppenheimer believes Beckman Coulter (NYSE:BEC) is well-positioned to leverage its broad installed base in the clinical lab market to increase sales of its consumable and a new molecular diagnostics instrument expected in 2010. The firm initiated shares with an Outperform rating and $80 target.
- Societe Generale expects BT Group's (NYSE:BT) domestic revenues to deteriorate as line erosion accelerates; shares were assumed with a Sell rating.
- Roth Capital started Micromet (NASDAQ:MITI) with a Buy rating and $3 target. The firm expects the company's proprietary 'BiTE' antibody platform to gain validation as its lead candidate MT103 starts accumulating clinical data in multiple hematology indications.
OTHER INITIATIONS:
- Yahoo! (NASDAQ:YHOO) was initiated with a Neutral rating at Merrill.
- Piper resumed coverage of Alexion Pharma (NASDAQ:ALXN) with a Buy rating and $88 target.
- MedAssets (NASDAQ:MDAS) was started at Jefferies with a Buy rating and $25 target.