ORCC posts
FeedPosted Jan 13th 2009 2:15PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Adobe Systems (ADBE), Palm Inc (PALM), Analyst initiations, Level 3 Communications (LVLT), PG and E Corporation (PCG), Raytheon Company (RTN)
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Analyst upgrades:
- UBS upgraded Palm, Inc. (NASDAQ: PALM) to neutral from sell and placed a short-term buy rating on shares based on the new Palm Pre. The firm raised its target to $6.50 from $1.35.
- UBS upgraded Silver Wheaton Corp. (NYSE: SLW) to Buy from Neutral and raised its target to $7.50 from $5.75 based on its improved view of the company's credit risk.
- Canaccord upgraded Elan PLC (NYSE: ELN) to Buy from Sell and raised its target to $10.87 from $6.90, citing Tysabri potential.
- Brandywine Realty (NYSE: BDN) and Boston Properties (NYSE: BXP) were upgraded to Overweight from Neutral at JP Morgan.
- Raytheon (NYSE: RTN) and L-3 Comm (NYSE: LLL) were raised to Outperform from Neutral at Credit Suisse.
Continue reading Analyst calls: PALM, ELN, LLL, RTN, ADBE, ERIC, RYL, PCG ...
Posted Feb 22nd 2008 12:15PM by Eric Buscemi (RSS feed)
Filed under: Analyst initiations
MOST NOTEWORTHY: GMX Resources, Glacier Bancorp and Brown and Brown were today's noteworthy initiations:
- Jefferies initiated GMX Resources (NASDAQ: GMXR) with a Buy rating and $40 target and believes the company's valuation discount to its NAV will narrow as management refocuses its efforts on its base Cotton Valley development program.
- Glacier Bancorp (NASDAQ: GBCI) was assumed with a Neutral rating and $20 target at B. Riley, as they think bank multiples are unlikely to rise much further, given the ongoing problems in the housing market and continued deterioration in credit quality.
- Brown and Brown (NYSE: BRO) was initiated with a Buy rating and $23 at Suntrust. The firm believes softness in the insurance market is now reflected in valuation.
OTHER INITIATIONS:
- Stephens assumed Online Resources (NASDAQ: ORCC) with an Overweight rating and $13 target.
- W.R. Berkley (NYSE: BER) was initiated with a Market Perform rating and $34 target at Keefe Bruyette.
- Morgan Keegan initiated Finisar (NASDAQ: FNSR) with an Outperform rating.
Posted Jul 9th 2007 10:54AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Apple Inc (AAPL), Analyst initiations
MOST NOTEWORTHY: Apple (AAPL), Spectranetics (SPNC), First Solar (FSLR) and Online Resources (ORCC) were today's noteworthy initiations:
- ThinkEquity believes Apple Inc (NASDAQ: AAPL) is one of the best-positioned hardware companies that can capitalize on the monetization of digital media consumption through PC, televisions and mobile devices. The firm transferred coverage with an Accumulate rating and $135 target.
- Roth Capital said atherectomy procedures continue to grow in the high-teens and that Spectranetics (NASDAQ: SPNC) should be able to exceed these growth rates with its ability to treat certain complicated lesions as well as through new product introductions. The firm started shares off with a Buy rating and $15 target.
- Deutsche Bank initiated shares of First Solar (NASDAQ: FSLR) with a Neutral rating and $90 target on valuation.
- CIBC started Online Resources (NASDAQ: ORCC) with a Sector Performer rating and $15 target, citing favorable risk/reward...
OTHER INITIATIONS:
- Diodes (NASDAQ: DIOD) was initiated with a Buy rating at LongBow.
- Covidien (NYSE: COV) was initiated at Morgan Stanley with an Overweight rating and $49 target.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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