Continue reading Surprisingly, Goldman Sachs raised the auto sector to Attractive

Surprisingly, Goldman Sachs raised the auto sector to Attractive originally appeared on BloggingStocks on Thu, 18 Jun 2009 10:10:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Jefferies downgraded shares of RF Micro Devices (NASDAQ: RFMD) to Hold from Buy to reflect the continued softness in the China Market after Asian channel checks suggested the March quarter will be weak.
  
• Citigroup downgraded shares of Western Digital (NYSE: WDC) to Hold from Buy, as they believe the HDD industry is nearing a cyclical peak. They also view the likelihood of consolidation as less likely given the current conditions.
  
• Boyd Gaming (NYSE: BYD) was lowered to Neutral from Add at Calyon following its Q4 report.

• JP Morgan downgraded BorgWarner (NYSE: BWA), Lea Corporation (NYSE: LEA) and TRW Automotive Holdings (NYSE: TRW) to Neutral from Overweight.
  
• Merrill lowered Edison International (NYSE: EIX) to Neutral from Buy.

Analyst downgrades: RFMD, WDC and BYD originally appeared on BloggingStocks on Thu, 28 Feb 2008 11:42:00 EST. Please see our terms for use of feeds.

• BorgWarner (NYSE: BWA) to give business update at 10am.
• Burger King (NYSE: BKC) to report Q1 earnings; conference call at 10am.

• Merrill Lynch to host conference call discussing Focus Media's (NASDAQ: FMCN) secondary offering at 11am.
• Yahoo (NASDAQ: YHOO) CEO Jerry Yang, Senior VP Michael Callahan & General Counsel to testify before the House Foreign Affairs Committee on how their company gave false information to Congress relating to their role in a human rights case in China which resulted in a journalist being sent to jail for 10 years.

• Symmetry Medical (NYSE: SMA) to give Q3 business update at 8am.
• Fluor (NYSE: FLR) to report Q3 earnings; conference call at 9:30am.
• Hot Topic (NASDAQ: HOTT) to report October sales at 4pm, American Eagle (NASDAQ: AEO) to report Oct. sales at 5pm.

• Disney (NYSE: DIS) to report Q4 earnings; conference call at 4:30pm.
• CyberSource (NASDAQ: CYBS) to give 2007 guidance at 4:30pm.
• Gap (NYSE: GPS) and Wal-Mart Stores (NYSE: WMT) to report Oct. sales at 8am, Abercrombie & Fitch (NYSE: ANF) to report Oct. sales at 8:15am.

• Halozyme Therapeutics (NASDAQ: HALO) to give business update at 11am.
• Goldcorp (NYSE: GG) to report Q3 earnings; conference call at 1pm.

Market highlights for next week: Yahoo CEO to testify before Congress originally appeared on BloggingStocks on Fri, 02 Nov 2007 15:00:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY: Sepracor (SEPR) and Salesforce.com (CRM) top today's slender upgrade list.

Sepracor was upgraded to Buy from Hold at Stanford Capital on the belief that the company could be acquired in the next 6-12 months, highlighting Johnson & Johnson (JNJ) and Schering-Plough (SGP) as potential bidders.

Pacific Growth Equities upgraded Salesforce.com to Buy from Neutral, citing checks that suggested a strong Q3 due to enterprise sales and continued momentum.

OTHER UPGRADES:

Robert W. Baird upgraded Cubist Pharmaceuticals (CBST) to Outperform from Neutral based on the recent sell-off in shares.

Borg Warner (BWA) was upgraded by KeyBanc/McDonald to Buy from Hold based on lowered Street expectations and sales backlog.

J.P. Morgan upgraded SpectraLink (SLNK) to Overweight from Neutral, citing the current turnaround, which is not reflected in its current share price.

Upgrade summaries provided courtesy of TheFlyOnTheWall.com.

Analyst upgrades 10/02/06: Salesforce, Sepracor are new Buys originally appeared on BloggingStocks on Mon, 02 Oct 2006 10:54:00 EST. Please see our terms for use of feeds.