dtpi posts
FeedPosted Sep 16th 2008 12:13PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Apple Inc (AAPL), Ford Motor (F), General Motors (GM), Chubb Corp (CB), , Palm Inc (PALM), Lilly (Eli) (LLY), Analyst initiations, Broadcom Corp'A' (BRCM), Unilever ADR (UL), JetBlue Airways (JBLU)
Analyst upgrades:
- Merrill upgraded shares of General Motors (NYSE: GM) and Ford (NYSE: F) to Neutral from Underperform on expectations for fundamentals to improve in 2009.
- Citigroup upgraded Chubb (NYSE: CB) and Travelers Group (NYSE: TRV) to Buy from Hold as they expect the company to benefit from the AIG (NYSE: AIG) fallout. The firm raised Chubb's target to $57 from $56 and Travelers Group's target to $51.50 from $49.50.
- Credit Suisse upgraded shares of SAP AG (NYSE: SAP) to Outperform from Neutral as they believe margin expansion can drive higher profitability.
- JetBlue (NASDAQ: JBLU) was upgraded to Buy from Hold at Argus.
- Goldman raised Merrill Lynch (NYSE: MER) to Neutral from Sell.
- NetLogic (NASDAQ: NETL) was upgraded to Buy from Neutral at Piper.
Analyst downgrades:
- JP Morgan downgraded Eli Lilly (NYSE: LLY) to Underweight from Neutral citing the company's early stage pipeline and generic competition.
- Merrill downgraded Unilever (NYSE: UL) to Neutral from Buy as they believe the incoming CEO is unlikely to bring a major restructuring or split up the company.
Continue reading Analyst calls: GM, F, CB, MER, LLY, UL, BRCM, AAPL, PALM ...
Posted Jan 17th 2008 12:16PM by Eric Buscemi (RSS feed)
Filed under: duPont(E.I.)deNemours (DD), Analyst initiations
MOST NOTEWORTHY: Exar, Diamond Management and Medivation were today's noteworthy initiations:
- B. Riley thinks shares of Exar Corp. (NYSE: EXAR) are near a bottom given the balance sheet support at $6.47/share and prospect for a return to positive EBITDA as early as the June quarter. The firm initiated coverage with a Buy rating and $10 target.
- B. Riley initiated Diamond Management & Technology (NASDAQ: DTPI) with a Buy rating and $10 target and expects the company's strong growth to continue. The firm also sees margin expansion opportunities.
- Roth Capital assumed coverage of Medivation (NASDAQ: MDVN) with a Buy rating and $21 target, as they believe the company's Dimebon for Alzheimer's is a persuasive story and that the company's pipeline has strong potential.
OTHER INITIATIONS:
- UBS started DuPont (NYSE: DD) and Monsanto (NYSE: MON) with Neutral ratings and targets of $48 and $125, respectively.
- Siemens (NYSE: SI) was initiated with an Overweight rating at Morgan Stanley.
Posted Mar 14th 2007 11:23AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Bad news, Halliburton (HAL)
MOST NOTEWORTHY: Granite Construction Inc (GVA), Sunterra Corp (SNRR), Halliburton Co (HAL) and Golfsmith International Holdings, Inc (GOLF) were today's notable downgrades:
- Matrix USA downgraded Granite Construction Inc (NYSE: GVA) to Sell from Buy on valuation.
- CL King cut Sunterra Corp (OTC: SNRR) to Neutral from Strong Buy.
- UBS removed Halliburton Co (NYSE: HAL) from its U.S. Strategic Stock Selections List.
- JP Morgan cut Golfsmith (NASDAQ: GOLF) to Neutral from Overweight, cutting risk to full-year guidance.
OTHER DOWNGRADES:
- Bank of America cut Spirit Finance Corp (NYSE: SFC) to Neutral from Buy following news that an Australia-based consortium led by Macquarie Bank Ltd will acquire Spirit for $14.50/share.
- Baird downgraded Diamond Management & Technology Consultants Inc (NASDAQ: DTPI) to Neutral from Outperform following its lowered Q4 outlook.
- Goldman cut Holly Energy Partners (NYSE: HEP) to Neutral from Buy on valuation.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).