OldDominion posts
FeedPosted 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).Posted Jul 27th 2007 10:55AM by Kevin Shult (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Good news, NYSE Euronext (NYX), Gap Inc (GPS), , Nordstrom, Inc (JWN), Stocks to Buy
MOST NOTEWORTHY: AU Optronics (AUO), RightNow Tech (RNOW), Alaska Air (ALK), Nordstrom (JWN), Gap (GPS) and Old Dominion Freight Line (ODFL) were today's noteworthy upgrades:
- HSBC upgraded AU Optronics (NYSE: AUO) to Overweight from Neutral following the company's Q2 results.
- Jefferies raised RightNow Technology (NASDAQ: RNOW) to Buy from Hold, believing low expectations have created a buying opportunity and that fundamentals remain intact.
- JP Morgan upgraded shares of Alaska Air (NYSE: ALK) to Overweight from Netural on valuation.
- Citigroup upgraded Nordstrom (NYSE: JWN) to Buy from Hold on valuation; they consider the recent pullback a buying opportunity.
- Citigroup upgraded Gap (NYSE: GPS) to Buy from Hold from valuation and expects for better execution and cost savings in 2008 under the new CEO.
OTHER UPGRADES:
- Wachovia raised shares of Wendy's (NYSE: WEN) to Market Perform from Underperform.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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