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Closing Bell: Cheers Ahead of Help From Fed (AAPL, DGI, HPQ, LSCC, MCD, SKH)

Posted Aug 9th 2010 4:00PM by Jon Ogg (RSS feed)

Today was all about individual stocks, as there wasn't as much a focus on larger macroeconomics. Maybe there is an FOMC meeting about to start, and maybe there is a talking down of the economy expected there, but maybe there are some hopes of ways to help. But there were also no major economic news releases this morning. The dollar caught some of its breath back as well.

These were today's unofficial closing bell levels:

Dow Jones 10,698.82 +45.26 (0.42%)
S&P 500 1,127.75 +6.11 (0.54%)
Nasdaq 2,305.69 +17.22 (0.75%)

Top Analyst Calls

Continue reading Closing Bell: Cheers Ahead of Help From Fed (AAPL, DGI, HPQ, LSCC, MCD, SKH)

Analyst initiations: Amazon, Altria Group, Skilled Healthcare

Posted Mar 18th 2008 12:30PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Amazon.com (AMZN), Altria Group (MO), Novell Inc (NOVL), Intuit Inc (INTU), Analyst Initiations

MOST NOTEWORTHY: Amazon.com, Altria Group and Skilled Healthcare were today's noteworthy initiations:

Canaccord Adams expects Amazon.com (NASDAQ: AMZN) growth to be driven by its expanding international reach, mix shift to third-party revenue, product innovation, and category expansion. The firm initiated shares with a Buy rating and $78 target.
UBS is positive on Altria's (NYSE: MO) growth, low likelihood of downward EPS revisions, and best-in-class cash flow distribution; shares were started with a Buy rating.
Skilled Healthcare (NYSE: SKH) was initiated with an Outperform rating at Morgan Keegan, as they believe nursing home reimbursement risk is already reflected in its valuation.

OTHER INITIATIONS:

KeyBank assumed Callaway Golf (NYSE: ELY) with a Buy rating and $19 target.
Credit Suisse initiated Intuit (NASDAQ: INTU) with an Outperform rating and $35 target.
Broadpoint initiated Novell (NASDAQ: NOVL) with a Buy rating.