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Analyst upgrades, downgrades and initiations: COMS, GOLD, STT, SVNT, TXN

Analyst upgrades
  • Oppenheimer upgraded Savient Pharmaceuticals (NASDAQ: SVNT) to Perform from Underperform after the FDA's Arthritis Advisory Committee voted 14-1 in favor of approving Krystexxa for gout.
  • Banc of America/Merrill upgraded Texas Instruments (NYSE: TXN) to Buy from Underperform and raised its target to $27 from $18 based on expectations that margin expansion will be higher than Street expectations.
  • UBS said Nvidia (NASDAQ: NVDA) has limited downside risk given the improved outlook for the graphics processor market and professional solutions business. Shares were upgraded to Neutral from Sell and its target was raised to $11.50 from $8.
  • BHP Billiton (NYSE: BHP) was upgraded to Outperform from Neutral at Macquarie.
  • Neutral Tandem (NASDAQ: TNDM) was upgraded to Outperform from Neutral at Baird.
  • Central Garden & Pet (NASDAQ: CENT) was upgraded to Buy from Neutral at SunTrust.

Continue reading Analyst upgrades, downgrades and initiations: COMS, GOLD, STT, SVNT, TXN

Small-cap stock #2: Neutral Tandem (TNDM)

Small-cap stock #2: Neutral Tandem (TNDM)Neutral Tandem (NASDAQ: TNDM) provides third-party interconnection services to competitive telecommunications carriers. In a nutshell, TNDM helps wire-line, wireless and broadband customers talk to each other -- even if they all pay their bills to different companies. Neutral Tandem offers services in more than 60 U.S. metropolitan markets and is a critical part of our nation's communications network. The company's customers include Sprint Nextel, Comcast Cable and AT&T.

Neutral Tandem earned $9 million or 27 cents per share in the first quarter, compared with $4 million or 12 cents per share in the year-ago period. TNDM's earnings beat estimates by four cents for a 17.4% earnings surprise, sending shares up 15.6% in just the week following the announcement!

Continue reading Small-cap stock #2: Neutral Tandem (TNDM)

5 small-cap stocks to buy now

Small-cap stocks are a GREAT place to start if you're serious about rebuilding your wealth and securing your financial future.

But what makes small-cap stocks so spectacular?

The bear market stripped analysts from small stocks -- hardly anyone is covering them anymore. This creates wonderful pricing anomalies and gives the individual investor a significant edge.

Continue reading 5 small-cap stocks to buy now

Analyst upgrades, downgrades and initiations: WFMI, CCE, S, XOM, JPM ...

Analyst upgrades:
  • KeyBanc upgraded Greenbrier (NYSE: GBX) to Buy from Hold as it believes the company has options to forestall covenant violations or bankruptcy, event if conditions deteriorate further.
  • Friedman Billings upgraded Whole Foods (NASDAQ: WFMI) to Market Perform from Underperform citing low expectations, favorable FTC settlement, progress on cost cutting, and valuation.
  • JP Morgan believes First Merit (NASDAQ: FMER) is one of the best positioned Midwest banks to weather the storm and notes its compelling valuation and capital levels. The firm upgraded shares to Overweight from Neutral.
  • Coca-Cola Enterprises (NYSE: CCE) was raised to Buy from Neutral at Goldman.
  • Newell Rubbermaid (NYSE: NWL) was upgraded to Buy from Neutral at Banc of America/Merrill.
  • Compass Minerals (NYSE: CMP) was lifted to Outperform from Perform at Oppenheimer.

Continue reading Analyst upgrades, downgrades and initiations: WFMI, CCE, S, XOM, JPM ...

Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 26, 2009: 06:08 PM

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