Analyst Upgrades

• Macquarie upgraded Intel (INTC) to outperform from neutral and Advanced Micro (AMD) to neutral from underperform.
• Pfizer (PFE) was upgraded to outperform from market perform at Bernstein.
• Capstead Mortgage (CMO) was upgraded to outperform from market perform at FBR Capital.
• Oppenheimer upgraded Halliburton (HAL) to outperform from perform.
• Gilead (GILD) was upgraded to outperform from sector perform at RBC Capital.
• Skilled Healthcare (SKH) was upgraded to outperform from market perform at JMP Securities.
• Citigroup upgraded CapitalSource (CSE) to buy from hold.

Continue reading Analyst Calls: AMD, COL, EL, GILD, HAL, INTC, PFE, SLB, SPLS ...

Analyst Calls: AMD, COL, EL, GILD, HAL, INTC, PFE, SLB, SPLS ... originally appeared on BloggingStocks on Mon, 01 Nov 2010 11:30:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• Goldman upgraded shares of Novartis (NYSE: NVS) to Buy from Neutral as they believe the Alcon (NYSE: ACL) acquisition has diversified the company's business.
  
• Tyson Foods (NYSE: TSN) was upgraded to Equal Weight from Underweight on valuation.
  
• JP Morgan raised Albermarle (NYSE: ALB) to Overweight from Neutral.
  
• BMO Capital upgraded Wynn Resorts (NASDAQ: WYNN) to Outperform from Market Perform.
  
• Synovus Financial (NYSE: SNV) was lifted to Buy from Hold at Sterne Agee.

• Morgan Stanley downgraded Reynolds American (NYSE: RAI) to Underweight from Equal Weight based on the impact from Altria's (NYSE: MO) purchase of competitor UST (NYSE: UST), which may result in pricing pressure.
  
• Goldman downgraded AstraZeneca (NYSE: AZN) to Sell from Neutral as they believe shares do not support near-term fundamentals.
• Max Capital (NASDAQ: MXGL) was downgraded to neutral from Buy at Banc of America.
  
• AudioCodes (NASDAQ: AUDC) was lowered at Merrill to Neutral from Buy.
  
• Pinnacle Financial (NASDAQ: PNFP) was downgraded to Neutral from Outperform at Baird.

Continue reading Analyst calls: NVS, TSN, WYNN, RAI, AZN, HAIN, TEVA, SYMC ...

Analyst calls: NVS, TSN, WYNN, RAI, AZN, HAIN, TEVA, SYMC ... originally appeared on BloggingStocks on Thu, 11 Sep 2008 11:30:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• JP Morgan upgraded shares of Viacom (NYSE: VIA) to Overweight from Neutral as they believe contractual rate increases and distribution of the company's newer networks will drive higher earnings growth in 2008. The firm does not believe this growth is priced into shares.
  
• JP Morgan also upgraded Agilent Technologies (NYSE: A) to Overweight from Neutral and added shares to its Focus List. Shares were upgraded based on its sum-of-the-parts valuation and sees further upside given that strategic buyers are back in the marketplace.
  
• AudioCodes (NASDAQ: AUDC) was raised to Buy from Accumulate at Think Equities, as they expect the company to benefit from the newly acquired CTI squared business, the security gateway business, and traction in the SBC business, with Microsoft's OCS launch of a new driver today.
  
• Goldman added Microsoft Corporation (NASDAQ: MSFT) to its Conviction Buy List, citing valuation and overwhelmingly negative sentiment, and expects shares to trade higher on a better Q1 report.

• RBC Capital Markets upgraded Citrix Systems (NASDAQ: CTXS) to Outperform from Sector Perform.
  
• Eaton Corporation (NYSE: ETN) was upgraded to Outperform from Market Perform at Friedman Billings.
  
• Citigroup upgraded Broadcom Corporation (NASDAQ: BRCM) to Buy from Hold.

Analyst upgrades: VIA, A, AUDC and MSFT originally appeared on BloggingStocks on Tue, 16 Oct 2007 11:00:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Cowen upgraded shares of Motorola Inc (NYSE: MOT) and Nokia Corporation (NYSE: NOK) to Outperform from Neutral. The firm expects Motorola to benefit as the mobile phone market in North America improves as market supply tightens in Q4 and results in better unit pricing, while Nokia's new phones put it in a position to realize higher unit sales.
  
• Credit Suisse upgraded shares of General Mills Inc (NYSE: GIS) to Outperform from Neutral citing management's improved execution and openness, and well as valuation.
  
• Cantor raised shares of AudioCodes (NASDAQ: AUDC) to Buy from Hold after channel checks suggested that Q3 business is tracking well.
  
• OceanFreight Inc (NASDAQ: OCNF) was upgraded to Buy from Neutral at Oppenheimer on valuation and strong dry-bulk fundamentals.

• Lehman upgraded shares of Roche Holding (OTC: RHHBY) to Overweight from Equal Weight.
  
• Goldman upgraded Southwest Airlines (NYSE: LUV) to Neutral from Sell.
  
• Deutsche Bank upgraded Buckeye Partners (NYSE: BPL) to Buy from Hold.
  
• Citigroup raised Canadian Natural Resources (NYSE: CNQ) to Buy from Hold.

Analyst upgrades: MOT, NOK, GIS, AUDC and OCNF originally appeared on BloggingStocks on Thu, 20 Sep 2007 10:25:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• JP Morgan upgraded shares of GlobalSantaFe Corporation (NYSE: GSF) and Transocean Inc (NYSE: RIG) to Neutral from Underweight based on valuation and improving deepwater rig fundamentals.
  
• Frontier Oil Corporation (NYSE: FTO) was upgraded at Banc of America to Buy from Neutral as they believe the company's assets are ideally located to access cheap Canadian oil sands production. They feel the stock should trade closer to its replacement value, which they estimate at $55/share.
  
• The firm also raised Tesora Corporation (NYSE: TSO) to Buy from Neutral, as the firm believes Terero is the best play on the extended refining cycle given its exposure to California.
  
• CIBC upgraded shares of AudioCodes (NASDAQ: AUDC) to Sector Outperformer from Sector Performer on valuation after their checks suggested the company's business is stabilizing and cost cutting is tracking ahead of plan, which could bring upside EPS estimates.

• GSI Commerce (NASDAQ: GSIC) was upgraded to Buy from Hold at Jefferies.
  
• Apache Corporation (NYSE: APA) was upgraded to Buy from Neutral at Goldman Sachs.
  
• Amgen Inc (NASDAQ: AMGN) was upgraded to Buy from Neutral at Merrill Lynch.
  
• BB&T Capital upgraded shares of Skechers USA (NYSE: SKX) to Buy from Hold.
  
• Bernstein upgraded shares of Cognizant Technology (NASDAQ: CTSH) to Outperform from Market Perform.

Analyst upgrades: GSF, RIG, FTO, TSO and AUDC originally appeared on BloggingStocks on Wed, 12 Sep 2007 10:31:00 EST. Please see our terms for use of feeds.

MOST NOTEWOTHY: ConocoPhillips (COP), InfoSpace, Inc (INSP), Verizon Communications (VZ) and Advanced Micro Devices (AMD) were some of today's more notable downgrades:

• Goldman Sachs downgraded ConocoPhillips (NYSE: COP) to Neutral from Buy.

• Stanford cut InfoSpace Inc (NASDAQ: INSP) to Sell from Hold as the firm believes shares are overvalued since the company has no clear plans to reignite growth.

• Buckingham downgraded Verizon Communications (NYSE: VZ) to Neutral from Accumulate.

• Advanced Micro Devices (NYSE: AMD) was cut to Hold from Strong Buy at Matrix as the firm believes growing competition is driving down selling prices and narrowing margins.

OTHER DOWNGRADES:

• Goldman downgraded Anadarko Petroleum Corp (NYSE: APC) to Sell from Neutral.

• Merriman cut Fiberstars, Inc (NASDAQ: FBST) to Neutral from Buy.

• Bank of America downgraded Dollar General (NYSE: DG) to Neutral from Buy.

• Cantor cut AudioCodes Ltd (NASDAQ: AUDC) to Hold from Buy following the company's lowered Q1 outlook.

Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst downgrades 3-15-07: COP, AMD, VZ and APC all downgraded today originally appeared on BloggingStocks on Thu, 15 Mar 2007 11:05:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Wachovia started Cadbury Schweppes ADS (NYSE: CSG) with an Outperform rating. They said Cadbury's long-term global confectionery opportunities are among the best in the industry and the recent buyout of its U.S. Dr. Pepper/Seven-Up bottling unit provides high-leverage cash flow.

• Buckeye Partners Ltd (NYSE: BPL) was initiated with an Underperform rating and a $48 target at RBC based on valuation.

• Stanford initiated AudioCodes Ltd (NASDAQ: AUDC) with a Buy rating and $15 target. The firm believes AudioCodes is an inexpensive play on the migration to packet networks.

• Stifel initiated William Partners LP (NYSE: WPZ) with a Buy rating and $46.50 target.

• AG Edwards started BioMarin Pharmaceutical inc (NASDAQ: BMRN) with a Buy rating and $25 target.

• Pacer International Inc (NASDAQ: PACR) was initiated with a Hold rating at Stifel.

• Morgan Stanley started Lyondell Chemical Company (NYSE: LYO) with an Overweight rating and $38 target.

• Buckingham initiated Chattem Inc (NASDAQ: CHTT) with an Accumulate rating and $64 target, citing high margins, cash flow and reduced debt.

Analyst initiations 2-16-07: Cadbury Schweppes started with an Outperform originally appeared on BloggingStocks on Fri, 16 Feb 2007 11:54:00 EST. Please see our terms for use of feeds.