applebee posts
FeedPosted Aug 3rd 2007 10:54AM by Kevin Shult (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Bad news, Nortel Networks (NT), Stocks to Sell
MOST NOTEWORTHY: CheckFree (CKFR), Talbots (TLB), SPSS Inc (SPSS), Network Appliance (NTAP) and Pozen Inc (POZN) were today's noteworthy downgrades:
- Following FiServ's (NASDAQ: FISV) acquisition of CheckFree, Raymond James cut CKFR shares to Market Perform from Strong Buy and Baird downgraded shares to Neutral from Outperform.
- Talbots (NYSE: TLB) was cut to Sell from Hold at Citigroup based on valuation, continued earnings disappointments, and a lack of earnings visibility.
- Cowen downgraded shares of SPSS Inc (NASDAQ: SPSS) to Underperform from Neutral citing decelerating growth and poor earnings quality.
- Bear Stearns cut Network Appliance (NASDAQ: NTAP) to Underperform from Peer Perform on the negative Q1 pre-announcement. Pacific Crest downgraded shares to Sector Perform from Outperform.
- After Pozen (NASDAQ: POZN) received a second approvable letter for Trexima, shares were downgraded by three firms:
- To Neutral from Strong Buy at First Albany
- To Hold from Buy at Jefferies and Lazard...
OTHER DOWNGRADES:
- Thomas Weisel downgraded Nortel Networks (NYSE: NT) to Market Weight from Overweight.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Feb 13th 2007 10:55AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Good news, General Motors (GM), 3M Corporation (MMM), Brinker Intl (EAT), MasterCard Inc'A' (MA), Level 3 Communications (LVLT)
MOST NOTEWORTHY: Level 3 Communications Inc (LVLT) and General Motors Corp (GM) were today's notable upgrades:
- Deutsche Bank raised Level 3 Communications Inc (NASDAQ: LVLT) to Hold from Sell with a $5.40 target based on the belief the company will meet 2007 expectations.
- General Motors Corp (NYSE: GM) was upgraded at Merrill Lynch to Buy from Sell based on increased confidence the company will leverage its liquidity and legacy assets, specifically its pension, to drive positive changes.
OTHER UPGRADES:
- MasterCard inc (NYSE: MA) was upgraded to Overweight from Neutral at JP Morgan on valuation.
- Prudential upgraded Brinker Int'l Inc (NYSE: EAT) to Overweight from Neutral.
- Following the company's strong Q4 report, Piper Jaffray upgraded shares of Shanda Interactive Entertainment Ltd ADS (NASDAQ: SNDA) to Outperform from Market Perform with a $29 target, citing improved fundamentals and increased confidence in the come-stay-play model, among other reasons.
- Dover Downs Gaming & Entertainment (NYSE: DDE) moved to Hold from Sell at Stifel Nicolaus, citing valuation.
- Prudential raised HealthNet Inc (NYSE: HNT) to Neutral from Underweight, with a $52 target.
- 3M Company (NYSE: MMM) was raised to Buy from Hold with an $86 target at Soleil Securities following last nights $7B buyback announcement, which the firm believes will act as a positive catalyst.
- Bear Stearns upgraded Applebee's Int'l Inc (NASDAQ: APPB) to Peer Perform from Underperform following the company's announcement that it hired a financial adviser to explore strategic alternatives.
- Credit Suisse upgraded Build-A-Bear Workshop (NYSE: BBW) to Outperform from Neutral, with a $37 target.
Analyst summaries provided by
TheFlyOnTheWall.com (subscription required).