RSYS posts
FeedPosted Feb 4th 2009 12:10PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Walt Disney (DIS), Archer-Daniels-Midland (ADM), Duke Energy (DUK), Analyst initiations, PG and E Corporation (PCG)
Analyst upgrades:
- Citigroup upgraded shares of Liberty Property Trust (NYSE:LRY) to Hold from Sell to reflect the company's capital raises and progress on leasing over the past quarter. The firm raised their target price to $21 from $16.
- UBS upgraded shares of Lonmin (Other OTC:LNMIY) to Neutral from Sell as they believe Xstrata may make an offer for the company.
- Cantor Fitzgerald upgraded RadiSys (NASDAQ:RSYS) to Buy from Hold after the company reported better-than-expected Q4 results and provided Q1 guidance which the firm believes indicates that fiscal 2009 results will be better than expected. The firm set a target of $8.50.
- Duke Energy (NYSE:DUK) and PG & E (NYSE:PCG) were raised to Outperform from Sector Perform at RBC Capital.
- Techne (NASDAQ:TECH) was upgraded at Baird to Outperform from Neutral.
Continue reading Analyst upgrades, downgrades and initiations: DUK, DIS, ADM, DLTR
Posted Aug 9th 2008 11:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Time Warner (TWX), Exxon Mobil (XOM), Whole Foods Market (WFMI), Federal Natl Mtge (FNM), Procter and Gamble (PG), News Corp'B' (NWS), Marvel Entertainment (MVL)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Fannie Mae, Time Warner, P&G, Playboy, News Corp. and others
Posted Aug 4th 2008 11:45AM by Larry Schutts (RSS feed)
Filed under: Earnings reports, International Business Machines (IBM), Nokia Corp. (NOK), Nortel Networks (NT), Technical Analysis, Stocks to Buy
RadiSys Corporation (NASDAQ: RSYS) makes
system products for embedded computer applications used in the manufacturing automation, medical, transportation, telecommunications, gaming and test equipment markets. Products include embedded boards, board-level modules and chip-level components. The company also offers system integration and repair services. Clients include Nokia (NYSE: NOK), Nortel Networks (NYSE: NT) and IBM (NYSE: IBM).
The firm pleased investors last week, when it reported Q2 EPS of 14 cents and revenues of $97.6 million. Analysts had been expecting six cents and $87.8 million. The CEO attributed success to strong demand for the company's wireless and IP media server products. Management also guided Q3 EPS to 16-22 cents (nine cent consensus) and Q3 revenues to $98-$103 million ($91.2M consensus).
Continue reading RadiSys Corporation (RSYS): Shares cycle in bullish 'flag' pattern
Posted Nov 29th 2007 12:45PM by Larry Schutts (RSS feed)
Filed under: Earnings reports, Analyst upgrades and downgrades, International Business Machines (IBM), Nokia Corp. (NOK), Nortel Networks (NT), Technical Analysis, Stocks to Buy, Technology
RadiSys Corporation (NASDAQ: RSYS) makes system products for embedded computer applications used in the manufacturing automation, medical, transportation, telecommunications, gaming and test equipment markets. Products include embedded boards, board-level modules and chip-level components. The company also offers system integration and repair services. Clients include Nokia (NYSE: NOK), Nortel Networks (NYSE: NT) and IBM (NYSE: IBM).
The firm pleased investors earlier in the month, when it announced Q3 EPS of 11 cents and revenues of $83.6 million. Analysts
had been expecting a penny and $77.1 million. Management also guided Q4 EPS to 11-15 cents (5 cent consensus) and Q4 revenues to $92-$98 million ($83.56M consensus). The CEO was particularly pleased with the prospect of recent acquisitions going cash flow positive in the fourth quarter. Jefferies, Cantor Fitzgerald and Needham subsequently declared the stock a "buy." RSYS shares popped on the news and then moved into a bullish "flag" consolidation pattern. Prices frequently exit flags moving in the same direction they were traveling on entry. In this case, that would be to the upside.
Continue reading RadiSys Corp. (RSYS) shares in bullish 'flag'
Posted Nov 2nd 2007 11:55AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Diageo plc (DEO), Coca-Cola Enterprises (CCE)
MOST NOTEWORTHY: RadiSys, Diageo plc, Vitesse, Big 5 Sporting Goods and Coca-Cola Enterprises were today's noteworthy upgrades:
- Jefferies upgraded shares of RadiSys (NASDAQ: RSYS) to Buy from Hold following the Q3 upside to reflect the large ramp of new business expected in 2008.
- Lehman raised its rating on Diageo plc (NYSE: DEO) to Equal Weight from Underweight and has increased confidence that the group can increase margins.
- CIBC upgraded shares of Vitesse (NASDAQ: VTSS) to Sector Performer from Sector Underperformer following the company's business update, as they believe progress is being made on numerous fronts.
- Nollenberger upgraded shares of Big 5 Sporting Goods (NASDAQ: BGFV) to Buy from Neutral following the better-than-expected Q3 results and improved full-year outlook, as they believe visibility has improved significantly.
- Citigroup upgraded Coca-Cola Enterprises (NYSE: CCE) to Buy from Hold on valuation as they believe the stock is undervalued given Glaceau's expansion to European markets. The broker recommends taking profits in Pepsi Bottling Group (NYSE: PBG) and swapping into CCE.
OTHER UPGRADES:
Posted Oct 22nd 2007 10:33AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Walgreen Co (WAG), Sprint Nextel Corp (S), Altria Group (MO), Xerox Corp (XRX)
MOST NOTEWORTHY: Clearwire, Citrix Systems, Altria Group, Overstock.com and Interpublic Group were today's noteworthy upgrades:
- Jefferies upgraded shares of Clearwire Corporation (NASDAQ: CLWR) to Buy from Hold on valuation as they believe the stock is trading as if the Sprint Nextel Corporation (NYSE: S) deal is off. Jefferies thinks the Sprint/Clearwire deal is still in the best interest of both companies.
- Deutsche Bank upgraded shares of Citrix Systems (NASDAQ: CTXS) to Buy from Hold, as they believe the contribution from XenSource beginning in Q4 could be better than expected.
- UBS upgraded shares of Altria Group (NYSE: MO) citing stronger Q3 International results and potential share repurchases. Shares were upgraded to Buy from Neutral.
- Piper Jaffray raised shares of Overstock.com (NASDAQ: OSTK) to Market Perform from Underperform, as they are incrementally more positive on shares following the company's Q3 upside. They believe the company has turned the corner on profitability.
- Bear Stearns upgraded shares of Interpublic Group (NYSE: IPG) to Outperform from Peer Perform on valuation and expectations for improved performance in 2008.
OTHER UPGRADES: