bg group posts
FeedPosted Feb 8th 2008 9:47AM by Laurie Pasternack (RSS feed)
Filed under: Analyst upgrades and downgrades, Good news, Coca-Cola (KO), Urban Outfitters (URBN)
MOST NOTEWORTHY: Coca-Cola, Novo Nordisk and Equinix were today's noteworthy upgrades:
- Bear Stearns upgraded The Coca-Cola Company (NYSE: KO) to Outperform from Peer Perform, as they expect it to post solid earnings short-term with potential upside, and over the long-term due to its upgraded business model.
- Bernstein raised its rating on Novo Nordisk AS (NYSE: NVO) to Outperform from Market Perform, as they believe consensus estimates do not reflect the company's growth potential.
- Merriman upgraded shares of Equinix Inc (NASDAQ: EQIX) to Buy from Neutral on valuation following the recent sell-off. The firm expects strong Q4 results.
OTHER UPGRADES:
Posted Jul 19th 2007 11:07AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst reports, Analyst upgrades and downgrades, Bad news, Valero Energy (VLO), Johnson Controls (JCI),
MOST NOTEWORTHY: Statoil (STO), BG Group (BRG), Repsol (REP), Flow International (FLOW) and the refining sector were today's more noteworthy downgrades:
- Matrix USA downgraded Flow International (NASDAQ: FLOW) to Strong Sell from Hold, citing weak demand from Asian customers that led to slowing sales growth.
- Bernstein downgraded the refining sector to Underperform and refiners Sunoco (NYSE: SUN) and Valero Energy (NYSE: VLO) to Underperform from Market Perform...
OTHER DOWNGRADES:
- Canadian Pacific (NYSE: CP) was cut to Neutral from Outperform at Credit Suisse; RBC Capital downgraded CP shares to Sector Perform from Outperform.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Jul 3rd 2007 10:18AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Bad news, Caterpillar (CAT)
MOST NOTEWORTHY: Caterpillar Inc (CAT), Movie Gallery (MOVI), Cache, Inc (CACH) and Manor Care, Inc (HCR) were today's noteworthy downgrades:
- UBS downgraded shares of Caterpillar (NYSE: CAT) to Reduce from Neutral and lowered their target to $70 from $78 to reflect decelerating revenues in the company's core businesses, global capacity additions in construction machinery, competitive concerns and valuation.
- Soleil downgraded Movie Gallery (NASDAQ: MOVI) to Sell from Hold following comments after yesterday's close about missing certain debt covenants.
- Suntrust downgraded shares of Cache (NASDAQ: CACH) to Neutral from Buy citing the company's attempt to reconstruct itself in a difficult economic period with tough comps and in a waning trend cycle.
- Manor Care (NYSE: HCR) was cut to Market Perform from Outperform at Wachovia, citing the acquisition by the Carlyle Group. Soleil cut Manor Care to Hold from Buy on the news...
OTHER DOWNGRADES:
- UBS downgraded BG Group (NYSE: BRG) to Neutral from Buy.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).