Continue reading Closing Bell: An Electoral Market Win Ahead of QE2 (BP, ORCL, ARTG, CGNX, MPEL, WFR, NTRI)

Closing Bell: An Electoral Market Win Ahead of QE2 (BP, ORCL, ARTG, CGNX, MPEL, WFR, NTRI) originally appeared on BloggingStocks on Tue, 02 Nov 2010 16:20:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Auriga upgraded Intel (INTC) to buy from hold to reflect the stock's relative valuation after channel checks indicated PC shipment plans continue to be solid. The firm raised its target price on shares to $24 from $20.
• Deutsche Bank upgraded RenaissanceRE (RNR) to buy from hold on valuation and believes stock buybacks and reserve releases will drive the company's growth. The firm raised its target price on shares to $65 from $59.
• UBS upgraded Philip Morris (PM) to buy from neutral based on increased confidence in its earnings outlook and relative valuation. The firm raised its target to $54 from $49.
• Chevron (CVX) was raised to outperform from market perform at Bernstein.
• Barnes & Noble (BKS) was upgraded to sell from conviction sell at Goldman Sachs.
• Deutsche Bank (DB) was upgraded to outperform from neutral at Credit Suisse.

Continue reading Analyst Upgrades, Downgrades and Initiations: ADI, CI, COP, CVX, DB, INTC, JCP, PM ...

Analyst Upgrades, Downgrades and Initiations: ADI, CI, COP, CVX, DB, INTC, JCP, PM ... originally appeared on BloggingStocks on Tue, 16 Feb 2010 11:00:00 EST. Please see our terms for use of feeds.

• Banc of America/Merrill upgraded DPL Inc (NYSE: DPL) to Neutral from Underperform following the settlement agreement with staff of the Public Utilities Commission of Ohio on Electric Security Plan.
  
• Friedman Billings upgraded SeaBright Insurance (NYSE: SBX) to Outperform from Market Perform on valuation as they believe shares are oversold at current levels. Despite upgrading, the firm lowered its target price to $14 from $16.
  
• JP Morgan upgraded AT&T (T) to Overweight from Neutral as it believes upside earnings revisions are likely in 2009 due to the company's conservative wireline margin outlook. The firm finds the stock's valuation attractive at current levels and raised their target on shares to $28 from $24.
• Chubb (NYSE: CB) was upgraded to buy from Neutral at UBS.
  
• Cascal B.V. (NYSE: HOO) was raised to Outperform from Neutral at Credit Suisse.
  
• Healthcare Realty Trust (NYSE: HR) was upgraded at Keefe Bruyette to Outperform from Market Perform.

Continue reading Analyst upgrades, downgrades and initiations: T, FSLR, CEPH, CB ...

Analyst upgrades, downgrades and initiations: T, FSLR, CEPH, CB ... originally appeared on BloggingStocks on Wed, 25 Feb 2009 10:45:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY: Pioneer Southwest, Art Technology and Real Goods Solar were today's noteworthy initiations:

• Friedman Billings initiated Pioneer Southwest (NYSE: PSE) with an Outperform rating and $25 target. The firm believes the current valuation does not reflect potential upside from the upstream drop-downs, which would result in higher distributions.
  
• ThinkPanmure believes Art Technology (NASDAQ: ARTG) is well-positioned to benefit from a strong replatforming cycle. Shares were initiated with a Buy rating and $4.50 target.
  
• Broadpoint said Real Goods Solar (NASDAQ: RSOL) has a disciplined operational model leading to profitable growth, and started shares with a Buy rating and $10 target. ThinkPanmure also initiated Real Goods Solar with a Buy rating and $10 target and said the company is well-positioned given strong underlying trends that include higher retail electricity costs, legislative renewable energy standards and incentives, declining solar photovoltaic systems costs, and "green momentum."

OTHER INITIATIONS:

• Credit Suisse assumed Telmex International (NYSE: TII) with a Neutral rating and $18 target.
  
• Athenahealth (NASDAQ: ATHN) was initiated with a Hold rating at BB&T Capital.
  
• Western Gas Partners (NYSE: WES) was started at Citigroup with a Hold rating and $18.50 target.

Analyst initiations: Pioneer Southwest, Art Technology, Real Goods Solar originally appeared on BloggingStocks on Wed, 18 Jun 2008 12:38:00 EST. Please see our terms for use of feeds.

Art Technology Group

Continue reading 10 Stocks Under $10: Art Technology Group (ARTG)

10 Stocks Under $10: Art Technology Group (ARTG) originally appeared on BloggingStocks on Thu, 29 Nov 2007 12:33:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• RBC believes shares are expensive, but feels Alcoa (NYSE: AA) has put itself in play and a bid for the company is possible. The firm resumed coverage with a Sector Perform rating and a $51 target.

• Credit Suisse initiated Rigel Pharmaceuticals (NASDAQ: RIGL) with an Outperform rating, believing R788 in ITP alone justifies current value, while RA and pipeline provide potential upside.

• Isis Pharmaceuticals (NASDAQ: ISIS) was initiated with a Buy rating and $17 target at Jefferies; the firm believes Isis's pipeline holds promise and appears under appreciated at the current valuation.

• Credit Suisse is positive on Cytokinetics (NASDAQ: CYTK) congestive heart failure candidate CK-453 and views the market as undeserved, starting shares with an Outperform rating and $15 target.

• Unterberg initiated shares of F5 Networks (NASDAQ: FFIV) with a Market Perform based on valuation...

• Credit Suisse initiated Mobile Mini (NASDAQ: MINI) with a Neutral rating.

• Art Technology (NASDAQ: ARTG) was initiated with a Buy rating at Pacific Growth.

• Banc of America started Grant Prideco (NYSE: GRP) share with a Buy rating and $67 target.

• Morgan Joseph initiated Harris Stratex Networks (NASDAQ: HSTX) with a Buy rating.

Analyst initiations 7-19-07: AA, FFIV, ISIS and MINI originally appeared on BloggingStocks on Thu, 19 Jul 2007 11:15:00 EST. Please see our terms for use of feeds.