aray posts
FeedPosted Oct 20th 2008 11:40AM by Eric Buscemi (RSS feed)
Filed under: Analyst upgrades and downgrades, Cisco Systems (CSCO), Pfizer (PFE), Intel (INTC), Daimler (DAI), Applied Materials (AMAT), ConocoPhillips (COP), Monster Worldwide (MNST), Analyst initiations
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Analyst upgrades:
- Goldman upgraded Applied Materials (NASDAQ: AMAT) to Buy from Sell and added shares to its Conviction Buy List citing valuation. The firm also upgraded the Semiconductor Capital Equipment Sector to Attractive.
- Morgan Keegan believes Cisco Systems (NASDAQ: CSCO) will emerge from the slowdown as a stronger company with greater market share and expansion into adjacent markets. Shares were upgraded to Outperform from Market Perform.
- Pfizer (NYSE: PFE) was upgraded to Overweight from Equal Weight at Barclays.
- Daimler (NYSE: DAI) was upgraded at UBS to Neutral from Sell.
- Friedman Billings upgraded Mariner Energy (NYSE: ME) to Market Perform from Underperform on valuation and the company's upcoming catalysts in the deepwater GOM.
- Swiss Reinsurance (OTC: SWCEY) was raised to Buy from Hold at Citigroup.
Analyst downgrades:
- Intel (NASDAQ: INTC) was downgraded to Neutral from Buy at Goldman.
- Deutsche Bank cut Hess Corp (NYSE: HES) and Marathon Oil (NYSE: MRO) to Hold from Buy and Suncor (NYSE: SU) and ConocoPhillips (NYSE: COP) to Sell from Hold after cutting their oil price forecast for 2009 to $60/bbl and 2010 to $58/bbl.
- Merrill downgraded Akzo Nobel (OTC: AKZOY) to Neutral from Buy on expectations the company's coatings end markets will worsen and chemicals division will see pressure next year.
- Monster (NASDAQ: MNST) was lowered at Citigroup to Hold from Buy.
Continue reading Analyst calls: AMAT, CSCO, PFE, DAI, INTC, COP, MNST, SGP ...
Posted Feb 1st 2008 10:10AM by Timothy Sykes (RSS feed)
Filed under: Earnings reports, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Apple Inc (AAPL), Amazon.com (AMZN), MasterCard Inc'A' (MA), Broadcom Corp'A' (BRCM), Stock screen, Intuitive Surgical Inc (ISRG)
[Update: Find more from Timothy Sykes
here, and more stocks to buy
here.]
Each quarter brings a new batch of earnings plays, so which ones should you trade?
I've had my fair share of successful calls, but I've also been burned badly before. One time, I put in a solid week's worth of
research (pdf) to pick
Vasco Data Systems (NASDAQ:
VDSI) right before earnings, and what happened, they totally blew it. A 30% drop. It still stings. This is just the latest reminder that you can't trust companies, analysts or really anyone on Wall Street.
So far, in this latest round,
Intuitive Surgical (NASDAQ:
ISRG),
E*Trade (NASDAQ:
ETFC),
Mastercard (NYSE:
MA),
VistaPrint (NASDAQ:
VPRT) and
Concur Technologies (NASDAQ:
CNQR) have performed well while
Google (NASDAQ:
GOOG),
Accuray (NASDAQ:
ARAY),
Cadence Design Systems (NASDAQ:
CDNS),
Yahoo! (NASDAQ:
YHOO) [editor's note - this was written prior to today's news],
VMware (NYSE:
VMW),
Apple (NASDAQ:
AAPL) and
Synaptics (NASDAQ:
SYNA) have all bombed.
Amazon.com (NASDAQ:
AMZN),
Microsoft (NASDAQ:
MSFT) and
Broadcom (NASDAQ:
BRCM) all had very solid quarters, but where did it get investors? Nowhere -- all three stocks are flat since then.
Continue reading Which stocks to buy ahead of earnings
Posted Jun 11th 2007 10:38AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst initiations
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MOST NOTEWORTHY: Cavium Networks Inc (NASDAQ:
CAVM),
Travel Centers of America LLC (AMEX:
TA) and
MetroPCS Communications Inc (NYSE:
PCS) were today's noteworthy initiations:
- Cavium Networks was initiated with a Strong Buy rating and $25 target at JMP Securities. The firm's checks indicate significant momentum for Cavium's products and cites good visibility. Cavium was also initiated with a Market Weight rating at Thomas Weisel, which finds shares fairly-valued at current levels, with a Buy rating and $25 target at Needham, with an Equal Weight rating and $22 target at Lehman Brothers, with an Equal Weight rating at Morgan Stanley and with a Buy rating and $26 target at Deutsche Bank, which expects over 50% revenue growth from 2006-2009 due to the growth in the company's network processor product line.
- TravelCenters of America was initiated with a Buy rating and $54 target at Ferris Baker Watts and with a Buy rating and $70 target at BWS Financial, as the firm is positive on TA's earnings power and valuation.
- Citigroup initiated shares of MetroPCS with a Buy rating and $40 target. The firm believes the company's coupled with deepening penetration in its core markets should produce revenue and FCF growth that exceeds the maturing industry average.
OTHER INITIATIONS:
- IntercontinentalExchange Inc (NYSE: ICE) was initiated with an Outperform rating at Credit Suisse.
- Janco initiated shares of Foundry Networks Inc (NASDAQ: FDRY) with a Buy rating and $19.50 target, as the firm believes the company's new products put it in a position to gain market share.
- CIBC World Markets initiated shares of Accuray Incorporated (NASDAQ: ARAY) with a Sector Underperformer rating and $19 target.
Posted Jun 1st 2007 11:38AM by Melly Alazraki (RSS feed)
Filed under: Intel (INTC), Whole Foods Market (WFMI), Analyst initiations
MOST NOTEWORTHY: The truck industry, Roo Group (RGRP), Accuray (ARAY) and TomoTherapy (TTPY) were today's noteworthy initiations:
- In the trucking industry, FTN Midwest initiated shares of Cummins Inc (NYSE: CMI) and Navistar International Corp (NASDAQ: NAVZ) with Hold Ratings and Oshkosh Truck Corp (NYSE: OSK) and PACCAR Inc (NASDAQ: PCAR) with Buy ratings.
- ROO Group (NASDAQ: RGRP) was initiated with a Buy rating and a $3.75 target at Think Equity, which believes RGRP is positioned to capitalize as the Internet continues to grow as a broadcast medium for video.
- Soleil initiated shares of Accuray Inc. (NASDAQ: ARAY) with a Buy rating and $30 target. The company is Soleil's top pick in radiation oncology.
- Soleil also initiated shares of TomoTherapy Inc. (NASDAQ: TTPY) with a Buy rating and $25 target, as the firm believes all-in-one imaging and radiation oncology system in HiArt could become the new standard of care.
OTHER INITIATIONS:
- Elan Corp (NYSE: ELN) was initiated with an Outperform rating and $40 target at Leerink Swann, which added shares to the firm's Focus List as it is positive on the Tysabri opportunity.
- Cree Inc (NASDAQ: CREE) was initiated with a Buy rating and $50 target at Amtech, as the firm believes the time for LED adoption has finally arrived and will accelerate in the future.
- Nollenberger initiated shares of ZipRealty (NASDAQ: ZIPR) and Move, Inc (NASDAQ: MOVE) with Neutral ratings.
- CIBC World Markets initiated shares of Whole Foods Market Inc. (NASDAQ: WFMI) with a Sector Underperformer rating and $38 target, expecting the company to be impacted by increasing competition.
- BMO Capital Markets initiated shares of Intel Corp. (NASDAQ: INTC) with an Outperform rating and $10 target.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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Analyst upgrades:.gif){kind=logo}
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