MOST NOTEWORTHY: Thomas Properties, Tanga Resource Partners, ARM Holdings, Finlay Enterprises and Coca-Cola Femsa were today's noteworthy initiations:

• Shares of Thomas Properties Group Inc (NASDAQ: TPGI) were initiated with a Neutral rating and $14 target at Banc of America. The firm has concerns over the lack of liquidity in the shares and considerable insider ownership levels.
• RBC Capital started shares of Targa Resource Partners LP (NASDAQ: NGLS) with an Outperform rating and $35 target, as they expect shares recover once financing is in place.
• Jefferies started shares of ARM Holdings PLC (NASDAQ: ARMHY) with a Buy rating, citing the company's new products, margin leverage, buybacks and royalties ramp.
• Finlay Enterprises Inc (NASDAQ: FNLY) was initiated with a Neutral rating and $4.80 target at B. Riley, citing integration and execution risks.
• Coca-Cola Femsa SA (NYSE: KOF) was started with a Buy rating at Gabelli, as they find the valuation attractive as the company's growth in key markets of , , and continues.

• KeyBanc Capital initiated Education Realty Trust Inc (NYSE: EDR) with a Hold rating.
• Fox-Pitt started Rodman & Renshaw Capital Group Inc (NASDAQ: RODM) with an Outperform rating.
• Home Inns & Hotels Management Inc (NASDAQ: HMIN) was initiated with a Negative rating at Susquehanna.
• First Analysis resumed coverage of PharmaNet Development Group Inc (NASDAQ: PDGI) with an Equal Weight rating.

Analyst initiations: TPGI, NGLS, ARMHY, FNLY and KOF originally appeared on BloggingStocks on Mon, 29 Oct 2007 11:35:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Oppenheimer upgraded shares of Mattel Inc (NYSE: MAT) to Buy from Neutral citing valuation, strong 2008 product line-up, and expected organic sales growth.
  
• Goldman upgraded shares of Volvo (NASDAQ: VOLV) to Buy from Neutral on valuation as they believe the company's prospects for earnings are not priced into shares. Volvo was added to the firm's Conviction Buy List.
  
• PMI Group's (NYSE: PMI) rating was raised to Outperform from Market Perform at Piper Jaffray on valuation.
  
• Citigroup upgraded shares of Mosaic Company (NYSE: MOS) to Hold from Sell to reflect their increased commodity price forecasts.
  
• Diamond Foods Inc (NASDAQ: DMND) was upgraded to Buy from hold at BB&T Capital on valuation.

• Bear Stearns upgraded Diana Shipping Inc (NYSE: DSX) to Outperform from Peer Perform.
  
• Morgan Stanley upgraded Telephone and Data Systems Inc (NYSE: TDS) to Equal Weight from Underweight.
  
• Targa Resources Partners (NASDAQ: NGLS) was upgraded to Outperform from Market Perform at Wachovia.
  
• Steelcase Inc (NYSE: SCS) was upgraded to Neutral from Sell at Goldman.

Analyst upgrades: MAT, VOLV, PMI, MOS and DMND originally appeared on BloggingStocks on Fri, 21 Sep 2007 10:30:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY

• Dean Foods Co (NYSE: DF) was cut to Neutral from Overweight at JP Morgan to reflect future guidance concerns after management's cautious tone.

• Louisana-Pacific Corp (NYSE: LPX) was downgraded to Strong Sell from Buy at Matrix USA. The firm believes a weak housing market is having a significant negative impact on shares and sees downside to $14/share.

• Costco Wholesale Corp (NASDAQ: COST) was taken off the Strategic Stock List at UBS based on valuation.

• Bear Stearns cut Alcan (NYSE: AL) to Peer Perform from Outperform based on valuation.

• Oppenheimer downgraded Horizon Offshore (NASDAQ: HOFF) to Neutral from Buy on news of the acquisition by Cal Dive International (NYSE: DVR) as the firm believes the likelihood of a materially higher bid is low...

• Goldman cut Federal Signal Corp (NYSE: FSS) to Sell from Neutral.

• AG Edwards downgraded EPIQ Systems, Inc (NASDAQ: EPIQ) to Hold from Buy.

• Raymond James downgraded United Community Banks, Inc (NASDAQ: UCBI) to Neutral from Buy.

• Wachovia cut Targa Resources Partners LP (NASDAQ: NGLS) to Market Perform from Outperform.

• Gerdau Ameristeel Corp (NYSE: GNA) was downgraded to Sell from Neutral at Goldman.

• Nucor Corp (NYSE: NUE) was taken off Goldman's Conviction Buy List.

Analyst downgrades 6-13-07: AL, COST, DF and HOFF originally appeared on BloggingStocks on Wed, 13 Jun 2007 11:44:00 EST. Please see our terms for use of feeds.

Continue reading Targa Resources: An energy bet worth exploring

Targa Resources: An energy bet worth exploring originally appeared on BloggingStocks on Tue, 05 Jun 2007 09:30:00 EST. Please see our terms for use of feeds.