Network Appliance (NYSE: NTAP) offered to acquire Data Domain (NYSE: DDUP) for $25. DDUP is a provider of duplication storage appliances for disk backup. DDUP June call option implied volatility is at 45, puts are at 56; near its 26-week average of 49, according to Track Data, suggesting non-directional price movement. Puts are more expensive than calls because DDUP is difficult to borrow.

streetTracks Gold Shares (NYSE: GLD) closed at $92.25. Gold is recently is recently up .31% to $940.30 according to Bloomberg. GLD June option implied volatility is at 23; July is at 24; below its 26-week average of 37, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Data Domain volatility flat into NTAP $1.5 billion buyout offer originally appeared on BloggingStocks on Thu, 21 May 2009 08:15:00 EST. Please see our terms for use of feeds.

Network Appliance (NASDAQ: NTAP), a provider of unified storage solutions, is recently up 84 cents to $22.94.

NTAP company sponsored analyst meeting is scheduled for March 13.

NTAP call option volume of 45,161 contracts compares to put volume of 16,854 contracts. NTAP March option implied volatility of 51 is above its 26-week average of 44 according to Track Data, suggesting larger price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option update: Network Appliance (NTAP) call volume & volatility up originally appeared on BloggingStocks on Mon, 25 Feb 2008 12:22:00 EST. Please see our terms for use of feeds.

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• Caliper Life Sciences Inc (NASDAQ: CALP) was initiated at Piper Jaffray with an Outperform rating and $8 target. Piper believes the company's collection of acquisitions offers a diverse portfolio targeting a $1.2B segment of the life science tools market.
  
• Credit Suisse resumed coverage of Network Appliance Inc (NASDAQ: NTAP) and EMC Corporation (NYSE: EMC) with Neutral ratings and a $28 target and $20 target, respectively, as they have concerns of near-term demand risk.
  
• Concur Technologies (NASDAQ: CNQR) was started at Jefferies with a Buy rating and $40 target, as they believe the company is changing the landscape of employee expense management by integrating travel and expense reimbursement and feels shares deserve a premium valuation.
  
• Oppenheimer sees limited upside from current levels at TechTarget Inc (NASDAQ: TTGT) and would consider an entry point in the low-to-mid teens. The firm started shares with a Neutral rating and $17 target.

• Banc of America initiated K Swiss Inc (NASDAQ: KSWS) with a Sell rating and $20 target.
  
• Stephens initiated Comverge Inc (NASDAQ: COMV) with an Equal Weight rating and $29 target and Badger Meter Incorporated (AMEX: BMI) with an Overweight rating and $39 target.
  
• JMP Securities resumed coverage of DemandTec Inc (NASDAQ: DMAN) with a Market Outperform rating and $16 target.

Analyst initiations: CALP, NTAP, EMC, CNQR and TTGT originally appeared on BloggingStocks on Fri, 05 Oct 2007 11:00:00 EST. Please see our terms for use of feeds.

Continue reading Is EMC a buy?

Is EMC a buy? originally appeared on BloggingStocks on Tue, 21 Aug 2007 14:40:00 EST. Please see our terms for use of feeds.

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• BMO Capital upgraded JDSU (NASDAQ: JDSU) to Market Perform from Underperform based on valuation and good industry fundamentals.

• AG Edwards considers MasterCard (NYSE: MA) a defensive payments play, upgraded shares to Buy from Hold, and would use weakness to build positions in the stock.

• GlobalSanta Fe (NYSE: GSF) was upgraded at Bernstein to Market Perform from Underperform based on the merger with Transocean (RIG).

• Molson Coors (NYSE: TAP) was upgraded to Buy from Neutral at Goldman based on valuation and potential increased free cash flow in 2008.

• TRW Inc (NYSE: TRW) was upgraded to Buy from Sell at Goldman...

• Thomas Weisel raised Network Appliance (NASDAQ: NTAP) to Overweight from Market Weight.

• Suntrust upgraded Goodrich Petroleum (NYSE: GDP) to Neutral from Reduce.

• Fossil (NASDAQ: FOSL) was upgraded to Outperform from Market Perform at Piper Jaffray.

• Keybanc raised Macy's (NYSE: M) rating to Buy from Hold.

Analyst upgrades: JDSU, M, MA and TAP originally appeared on BloggingStocks on Wed, 15 Aug 2007 11:20:00 EST. Please see our terms for use of feeds.

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• Following FiServ's (NASDAQ: FISV) acquisition of CheckFree, Raymond James cut CKFR shares to Market Perform from Strong Buy and Baird downgraded shares to Neutral from Outperform.

• Talbots (NYSE: TLB) was cut to Sell from Hold at Citigroup based on valuation, continued earnings disappointments, and a lack of earnings visibility.

• Cowen downgraded shares of SPSS Inc (NASDAQ: SPSS) to Underperform from Neutral citing decelerating growth and poor earnings quality.

• Bear Stearns cut Network Appliance (NASDAQ: NTAP) to Underperform from Peer Perform on the negative Q1 pre-announcement. Pacific Crest downgraded shares to Sector Perform from Outperform.

• After Pozen (NASDAQ: POZN) received a second approvable letter for Trexima, shares were downgraded by three firms:
  
• To Neutral from Strong Buy at First Albany
  
• To Hold from Buy at Jefferies and Lazard...

• Oppenheimer downgraded Applebee's (NASDAQ: APPB) to Neutral from Buy.

• Gabelli downgraded Boston Beer (NYSE: SAM) to Hold from Buy.

• Lehman downgraded Luxottica (NYSE: LUX) and Clorox (NYSE: CLX) to Equal Weight from Overweight.

• Thomas Weisel downgraded Nortel Networks (NYSE: NT) to Market Weight from Overweight.

Analyst downgrades: APPB, NT, NTAP and SAM originally appeared on BloggingStocks on Fri, 03 Aug 2007 10:54:00 EST. Please see our terms for use of feeds.

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• Merriman believes the turnaround at Arden B is well underway and both it and the Wet Seal chains have tremendous opportunities for long-term growth, initiating The Wet Seal (NASDAQ: WTSLA) with a Buy rating.

• Pacific Growth is positive on Brocade's (NASDAQ: BRCD) diversification into new products and services, starting shares with a Buy rating.

• Banc of America initiated shares of InterActiveCorp (NASDAQ: IACI) with a Neutral rating.

• William Blair believes the newly-formed CME Group (NYSE: CME) has an even more dominant competitive position within the growing futures exchange industry, reinstating shares with an Outperform rating.

• JP Morgan said Canada is an attractive wireless market and that Rogers Communications (NYSE: RCI) is well positioned, starting shares with an Overweight rating...

• Deutsche Bank initiated Waters Corp (NYSE: WAT) with a Hold rating.

• Goldman started Infinera Corp (NASDAQ: INFN) with an Equal Weight.

• Kaufman reinstated Savvis (NASDAQ: SVVS) with a Hold.

• Pacific Growth initiated Network Appliance (NASDAQ: NTAP) with a Buy.

Analyst initiations 7-17-07: BRCD, CME, IACI and NTAP originally appeared on BloggingStocks on Tue, 17 Jul 2007 11:07:00 EST. Please see our terms for use of feeds.

EMC breaks above resistance originally appeared on BloggingStocks on Thu, 24 May 2007 12:15:00 EST. Please see our terms for use of feeds.