coldwater posts
FeedPosted Jul 20th 2007 10:53AM by Kevin Shult (RSS feed)
Filed under: Analyst reports, Good news, Analyst initiations
MOST NOTEWORTHY: McAfee (MFE), Wabtec Corp (WAB), Pacific Sunwear (PSUN), Aeropostale (ARO) and Amdocs (DOX) were today's noteworthy initiations:
- McAfee Inc (NYSE: MFE) was initiated with an Accumulate rating at ThinkEquity, as the firm is positive on the company's competitive positioning in security, refocused business and streamlined operations.
- JP Morgan initiated shares of Wabtec Corp (NYSE: WAB) with an Overweight rating, as the firm believes Wabtec's strong market presence should support 22% and 12% EPS growth in 2007 and 2008.
- Nollenberger feels that the core PacSun concept is challenged to re-establish a niche in the competitive teen marketplace, and initiated shares of Pacific Sunwear (NASDAQ: PSUN) with a Neutral rating and $22 target.
- Nollenberger also initiated shares of Aeropostale (NYSE: AEO) with a Buy rating and $49 target and recommends buying the stock into back to school.
- Cantor initiated shares of Amdocs (NYSE: DOX) with a Hold rating and $37 target on valuation...
OTHER INITIATIONS:
- JP Morgan also initiated shares of Greenbrier (NYSE: GBX) with a Neutral rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted May 21st 2007 11:12AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst initiations
MOST NOTEWORTHY: ColdWater Creek Inc (CWTR), Celadon Group, Inc (CLDN), Berry Petroleum Co (BRY), SiRF Technology Holdings Inc (SIRF) were today's noteworthy initiations:
- Brean Murray started shares of Coldwater Creek (NASDAQ: CWTR) with a Buy rating and $25 target, expecting second-half upside from new merchandise this year.
- Keybanc is positive on Celadon's (NASDAQ: CLDN) disciplined approach to strategic acquisitions and leverage in its operating model, starting shares with a Buy rating and $20 target.
- CRT Capital believes Berry Petroleum (NYSE: BRY) has the ability to continue to deliver double digit percentage production/reserves growth and started shares with a Buy rating and $40 target.
- American Technology believes SiRF Technology Holdings (NASDAQ: SIRF) will continue to be a market leader in GPS chipsets and finds the company's wireless business undervalued, starting shares with a Buy rating and $26 target...
OTHER INITIATIONS:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Apr 4th 2007 10:47AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Good news, Hewlett-Packard (HPQ)
MOST NOTEWORTHY: Weyerhaeuser Co (WY), Jackson Hewitt Tax Service Inc (JTX), Hewlett-Packard Co (HPQ) and Coldwater Creek Inc (CWTR) were some of today's more noteworthy upgrades:
- UBS upgraded shares of Weyerhaeuser Co (NYSE: WY) to Neutral from Reduce citing the stock's recent weakness.
- Morgan Stanley upgraded shares of Jackson Hewitt Tax Service (NYSE: JTX) to Equal Weight from Underweight on valuation as the firm believes yesterday's sell-off was overdone.
- Coldwater Creek (NASDAQ: CWTR) was upgraded to Buy from Neutral at Bank of America based on the company's favorable risk/reward.
OTHER UPGRADES:
- BB&T upgraded shares of Pacer International, Inc (NASDAQ: PACR) to Buy from Hold citing the company's operational changes and new $100M shares' repurchase.
- SkyWest, Inc (NASDAQ: SKYW) was upgraded to Neutral from Underweight at Prudential.
- Bear Stearns upgraded shares of Sonic Corp (NASDAQ: SONC) to Outperform from Peer Perform on expectations of an acceleration in partner drive-in same store sales and system wide unit expansion.
- Citigroup upgraded Corinthian Colleges, Inc (NASDAQ: COCO) to Buy from Hold after a company visit as the firm believes expectations are finally low enough and recent initiatives are taking hold. Further, Citigroup believes takeover speculation will limit downside as their analysis suggests an LBO could work.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Feb 1st 2007 11:21AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Yamana Gold (AUY), Analyst initiations
MOST NOTEWORTHY: Endo Pharmaceuticals Holdings Inc (ENDP) and Coldwater Creek (CWTR) were today's most notable initiations:
- First Albany initiated Endo Pharmaceuticals Holdings Inc (NASDAQ: ENDP) with a Strong Buy rating and $41.25 target; the firm believes the company's strong balance sheet can be used to strengthen the pipeline through the acquisition of product rights or companies.
- Thomas Weisel started Coldwater Creek Inc (NASDQ: CWTR) with an Underperform rating based on the fourth-quarter miss, and believes appreciation could be limited here.
OTHER INITIATIONS:
- Yamana Gold Inc (NYSE: AUY) was initiated with a Sector Performer rating and $20 target at CIBC, explaining that Yamana's production profile is expected to expand by 150% in the next two years, making it one of the fastest-growing gold companies in North America.
- Oppenheimer considers PF Chang's China Bistro's (NASDAQ: PFCB) valuation attractive and started the restaurant chain with a Buy rating and $53 target.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Jan 19th 2007 1:06PM by Eric Buscemi (RSS feed)
Filed under: Bad news, Industry
Tween Brands (NYSE:
TWB) is down over 3% on the day on two pieces of news:
- Competitor Coldwater Creek (NASDAQ: CWTR) cut its fourth quarter EPS outlook citing slower-than-expected customer traffic throughout holiday season. Wachovia said this is "not" company specific and is indicative of the weaker women's retail environment.
- Buckingham had cautious/negative comments on Tween Brands this morning. The firm advised remaining Neutral, citing a lack of clarity on the timing of improved apparel trend in the company's Limited TOO stores. January sales have not picked up as expected, prompting an unplanned "Buy 1 Get 1 at 50% off" markdown which could create additional downside to the firm's most recent 4Q06 EPS estimate.
MOST NOTEWORTHY: Wal-Mart (WMT), Coldwater Creek (CWTR), Select Comfort (SCSS) and Anadys Pharma (ANDS) were today's noteworthy downgrades: 
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