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Uranium Stocks Hammered in the Wake of Tragedy in Japan

nuclear plant explosion in JapanEvery major crisis has its winners and losers. With the Japanese crisis, most prominent may be the uranium stocks. As you might guess they are getting hammered. The presumption is that governments will be reluctant to approve nuclear projects in the wake of Japan's nuclear meltdown.

Here are just a few companies and recent stock prices:

  • Denison Mines (DNN): $2.55, down 74 cents. Denison is a worldwide mining and exploration company. It has two uranium waste recycling plants in the U.S.

Continue reading Uranium Stocks Hammered in the Wake of Tragedy in Japan

Analyst Calls: AKS, BXP, CCJ, CXW, GBX, PETM, RIMM, RS, SIRI SOHU ...

Analyst Upgrades

  • Goldman upgraded Reliance Steel (RS) to buy from neutral and The Buckle (BKE) to neutral from sell.
  • RAM Energy (RAME) was upgraded to outperform from market perform at Rodman & Renshaw.
  • RBC Capital upgraded H&E Equipment (HEES) and Cameco (CCJ) to outperform from sector perform, and Denison Mines (DNN) to sector perform from underperform.
  • Alexandria Real Estate (ARE) was upgraded to overweight from neutral at JPMorgan.
  • Investment Technology (ITG) was upgraded to outperform from neutral at Wedbush.

Continue reading Analyst Calls: AKS, BXP, CCJ, CXW, GBX, PETM, RIMM, RS, SIRI SOHU ...

Analyst upgrades, downgrades and initiations: EXPE, JNJ, HOT, URBN, SNE ...

Analyst upgrades:
  • Citigroup upgraded Expedia (NASDAQ: EXPE) to Buy from Hold as they believe the company's fee elimination coupled with 2009 industry trends could lead to market share gains and that the valuation is compelling at current levels. Citigroup raised its price target to $14 from $9 on EXPE shares.
  • Credit Suisse upgraded Lukoil (OTC: LUKOY) to Outperform from Neutral as it believes lower taxes and the ruble's decline will increase profitability.
  • Soleil upgraded Jo Ann Stores (NYSE: JAS) to Buy from Hold as it believes the company's sales results in the first half of 2009 could top expectations. The firm raised its target price to $20 from $16.
  • Johnson & Johnson (NYSE: JNJ) was upgraded to Buy from Neutral at UBS.
  • Bayer AG (OTC: BAYRY) was lifted to Buy from Neutral at Banc of America/Merrill.
  • ManTech (NASDAQ: MANT) was raised at Wachovia to Outperform from Market Perform.

Continue reading Analyst upgrades, downgrades and initiations: EXPE, JNJ, HOT, URBN, SNE ...

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 10, 2012: 08:27 PM

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