cxr posts
FeedPosted Mar 5th 2009 11:20AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Pfizer (PFE), McDonald's (MCD), AT and T (T), Adobe Systems (ADBE), Research in Motion (RIMM), Gap Inc (GPS), Analyst initiations
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Analyst upgrades:
- Citigroup upgraded Lubrizol (NYSE: LZ) to Buy from Hold on valuation as they believe economic weakness is already priced into the stock. Despite upgrading, Citigroup lowered their target price to $32 from $36.
- UBS believes AT&T (NYSE: T) consensus estimates are beatable and that the 7.1% dividend yield is safe. Additionally, the firm said a strike is possible when the unionized wireline employee contract expires on April 4th but expects the company to succeed in lowering healthcare benefits. Shares were upgraded to Buy from Neutral.
- Friedman Billings upgraded Adobe (NASDAQ: ADBE) to Market Perform from Underperform as they believe guidance appropriately reset expectations and that the risk/reward is neutral at current levels. The firm lowered their target price to $16 from $17. Shares were also upgraded to Buy from Hold at Jefferies after the Q1 results to reflect better-than-expected cost cuts and an attractive risk/reward at current levels.
- Lousiana Pacific (NYSE: LPX) was raised to Sector Outperformer from Sector Performer at CIBC.
- OmniVision (NASDAQ: OVTI) was upgraded at Baird to Neutral from Underperform.
Continue reading Analyst upgrades, downgrades and initiations: T, ADBE, GPS, RIMM, MCD, PFE ...
Posted Aug 10th 2007 11:15AM by Kevin Shult (RSS feed)
Filed under: Analyst upgrades and downgrades, Good news, Annual meetings, Brinker Intl (EAT), Stocks to Buy
MOST NOTEWORTHY: Red Lion Hotels (RLH), Constellation Energy (CEP), Brinker Int'l (EAT), Nvidia (NVDA) and InfoSpace (INSP) were today's noteworthy upgrades:
- Baird upgraded Red Lion Hotels (NYSE: RLH) to Outperform from Neutral based on valuation, brand expansion progress and takeover potential.
- Constellation Energy (NYSE: CEP) was upgraded to Buy from Hold at Citigroup based on higher cash flow expectations and valuation.
- JP Morgan upgraded Brinker (NYSE: EAT) to Overweight from Neutral, and sees potential upside from slower unit development and a possible Mac Grill sale.
- BMO Capital upgraded Nvidia (NASDAQ: NVDA) to Outperform from Market Perform following a strong second quarter.
- Stanford upgraded InfoSpace (NASDAQ: INSP) to Hold from Sell on valuation; They consider the core online segments looks to be priced into the stock and downside support is given with tax credits and the cash balance...
OTHER UPGRADES:
- JP Morgan upgraded shares of PepsiAmericas (NYSE: PAS) to Neutral from Underweight.
- Friedman Billings upgraded shares of Emulex (NYSE: ELX) to Outperform from Market Perform.
- DirecTV (NYSE: DTV) was raised to Buy from Hold at Gabelli.
- Seagate (NYSE: STX) was upgraded to Buy from Neutral at Goldman.
Analyst summaries provided by
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Posted Aug 3rd 2007 10:45AM by Kevin Shult (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Good news, eBay (EBAY), Nokia Corp. (NOK), Expedia Inc (EXPE), YRC Worldwide (YRCW), Stocks to Buy
MOST NOTEWORTHY: Expedia (EXPE), YRC Worldwide (YRCW), Fiserv (FISV), and select radio stocks were today's noteworthy upgrades:
- JP Morgan upgraded Expedia (NASDAQ: EXPE) to Overweight from Neutral on expectations for U.S. bookings growth and margin stabilization.
- YRC Worldwide (NASDAQ: YRCW) was raised to Neutral from Underperform based on valuation.
- Fiserv (NASDAQ: FISV) was upgraded to Sector Outperformer from Sector Performer at CIBC following the CheckFree (CKFR) acquisition.
- Banc of America upgraded Citadel Broadcasting (NYSE: CDL), Cox Radio (NYSE: CXR) and Entercom Comm (NYSE: ETM) to Neutral from Sell as they believe it is time to cover short positions with the expected Q3 weakness likely priced into shares. They caution that this upgrade is not a buy signal as downside risk remains...
OTHER UPGRADES:
- Baird raised Lear (NYSE: LEA) To Outperform from Neutral.
- Nokia (NYSE: NOK) was upgraded to Outperform from Neutral at Credit Suisse.
- Pacific Crest upgraded shares of eBay (NASDAQ: EBAY) to Outperform from Sector Perform.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Posted Jul 30th 2007 11:13AM by Kevin Shult (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Good news, PepsiCo (PEP), Intel (INTC), Motorola (MOT), Exxon Mobil (XOM), Stocks to Buy
MOST NOTEWORTHY: MGM Mirage (MGM), Motorola (MOT), Navteq (NVT), ExxonMobil (XOM) and Intel (INTC) were today's noteworthy upgrades:
- Lehman upgraded shares of MGM Mirage (NYSE: MGM) to Overweight from Equal-Weight on valuation as they believe the market is currently undervaluing the company's growth prospects.
- Motorola (NYSE: MOT) was raised to Market Perform from Underperform at JMP Securities on valuation.
- Following the acquisition of competitor Tele Atlas by TomTom, CIBC believes Navteq (NYSE: NVT) is well positioned to gain share, upgrading the stock to Sector Outperformer from Sector Performer, and believes Garmin (GRMN) should consider buying the company for its exclusive map content.
- AG Edwards believes the recent pullback in ExxonMobil (NYSE: XOM) has created a buying opportunity, upgrading shares to Buy from Hold.
- Intel (NASDAQ: INTC) was added to American Technology's Focus List following its recent sell-off...
OTHER UPGRADES:
- Cox Radio (NYSE: CXR) was upgraded to Outperform from Market Perform at Wachovia.
- PepsiCo (NYSE: PEP) was upgraded to Buy from Hold at Matrix USA.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Apr 5th 2007 10:46AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Good news
MOST NOTEWORTHY: British Airways plc (BAB), Ryanair Holdings plc (RYAAY), Cox Radio, Inc (CXR) and Autoliv Inc (ALV) were today's noteworthy initiations:
- Credit Suisse upgraded shares of Cox Radio Inc (NYSE: CXR) to Neutral form Underperform on valuation following the stock's recent pullback. Bear Stearns also upgraded Cox Radio to Outperform from Peer Perform on valuation.
- Merrill Lynch upgraded shares of Autoliv Inc (NYSE: ALV) to Neutral from sell.
OTHER UPGRADES:
- Wachovia upgraded Heelys, Inc (NASDAQ: HLYS) to Outperform from Market Perform following positive channel checks, which could lead to upside to the Street's Q1 EPS estimate of 18c, and valuation.
- Stifel upgraded VistaPrint Ltd (NASDAQ: VPRT) to Buy from Hold with a $43 target. The firm said risks from taxes and non-transaction revenue have been diminished to levels that allow them to focus on the core printing business.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Jan 3rd 2007 11:22AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Amazon.com (AMZN), General Motors (GM), Advanced Micro Dev (AMD), Applied Materials (AMAT)
MOST NOTEWORTHY: The Semiconductor Production Equipment sector, General Motors (NYSE: GM) and Advanced Micro (NYSE: AMD) topped the massive list of downgrades this morning.
- Goldman Sachs downgraded the Semiconductor Production Equipment sector to Cautious from Neutral, citing expectations for weakness in NAND and DRAM in 2007; the firm also downgraded Advanced Micro Devices (NYSE: AMD), Applied Materials (NASDAQ: AMAT) and Credence Systems (NASDAQ: CMOS) to Sell from Neutral.
- General Motors (NYSE: GM) was downgraded to Sell from Neutral at Bank of America, telling clients it expects market share for the first-half of 2007 to be lower, along with a sharp fourth-quarter decline in new product volume due to overpricing.
- ThinkEquity also downgraded Advanced Micro Devices (NYSE: AMD) to Sell from Buy with a $15 target, as they believe inventory in the channel is building and prices are falling; furthermore, the broker believes Advanced Micro has little opportunity of meeting the high expectations for margins it set on its recent analyst day.
OTHER DOWNGRADES:
- Amazon.com Inc (NASDAQ: AMZN) was downgraded to Sell from Hold with a $34 target at Citigroup citing valuation that reflects aggressive long-term operating margins.
- Wachovia downgraded shares of Cox Radio 'A' (NYSE: CXR) to Underperform from Market Perform and recommended investors to swap out of Cox and into their top 2007 picks: Lamar Advertising 'A' (NASDAQ: LAMR) or Entravision Communication 'A' (NYSE: EVC).
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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