• Morgan Stanley initiated the U.S. clean energy sector with an Attractive view. The analyst assumed coverage of First Solar (NASDAQ: FSLR), Fuel Tech (NASDAQ: FTEK) and SunPower Corporation (NASDAQ: SPWR) with Overweight ratings and EnerNOC, Inc (NASDAQ: ENOC) with an Underweight rating.
  
• Banc of America started shares of MGI Pharma (NASDAQ: MOGN) with a Buy rating and $45 target, as they expect sales growth in 2008 to be driven by Aquavan, which they view as an underappreciated asset, and potential survival data for Dacogen.
  
• Soleil believes Apple (NASDAQ: AAPL) could nearly double its PC market share to between 5.5% and 6% over the next five years. The firm started shares with a Buy rating and $200 target.
  
• Roth Capital initiated Kosan Biosciences (NASDAQ: KOSN) with a Buy rating and $10 target, as they are positive on the company's Hsp90 program and expect an NDA filing as early as 2009 in the relapsed-refractory settings.

• KeyBanc Capital initiated CastlePoint Holdings (NASDAQ: CPHL) with a Buy rating and $16 target.
  
• Time Warner Telecom (NASDAQ: TWTC) was started at Cowen with an Outperform rating.
  
• Jefferies resumed coverage of Windstream (WIN) with a Hold rating and $16 target and Embarq Corporation (NYSE: EQ) with a Buy rating and $68 target.

Analyst initiations: Clean energy sector, MOGN, AAPL and KOSN originally appeared on BloggingStocks on Wed, 17 Oct 2007 11:00:00 EST. Please see our terms for use of feeds.

From his ChangeWave Investing newsletter and regular appearances on Fox TV's Bulls & Bears, Toby Smith is one of the most widely followed newsletter advisors. AS growth investors, he seeks stocks poised to benefit from enduring trends, which he calls "Changewaves".

To help isolate these trends, he turns to his ChangeWave Alliance, a group of thousands of business leaders in a wide range of fields who respond to ongoing surveys regarding developing industry trends.

Three such trends, which he considers among his favorite macroeconomic ChangeWaves are Clean Energy, Carbon Credits, and Chindia (China-India) Infrastructure. And one of his latest stock recommendations -- Fuel Tech (NASDAQ: FTEK) -- plays into all three of these waves.

Continue reading Fuel Tech (FTEK): Clean coal, carbon credit, and 'Chindia'

Fuel Tech (FTEK): Clean coal, carbon credit, and 'Chindia' originally appeared on BloggingStocks on Fri, 31 Aug 2007 11:00:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Banc of America said summer blockbusters have fallen off faster than they expected and there are fewer mid-tier films to support growth:

• The firm downgraded Carmike Cinemas (NASDAQ: CKEC), Cinemark Holdings (NYSE: CNK) and Regal Entertainment Group (NYSE: RGC) to Neutral from Buy.

• Equity Inns (NYSE: ENN) was cut to Sell from Hold at AG Edwards after the Whitehall acquisition. JMP Securities and Friedman Billings cut shares to Market Perform from Outperform and KeyBanc downgraded Equity Inns to Hold from Buy.

• Matrix USA downgraded Talbots (NYSE: TLB) to Sell from Hold based on the eroding return of capital because of the company using capital to acquire and open new stores. Friedman Billings downgraded shares of

• Starbucks (NASDAQ: SBUX) to Market Perform from Outperform and removed the company from their FBR Top Picks list on expectations that 2H07 same-store sales will no longer improve, removing a catalyst...

• Fairchild Semiconductor (NYSE: FCS) was cut to Market Perform from Outperform at Piper.

• Abercrombie & Fitch (NYSE: ANF) was downgraded to Equal Weight from Overweight at Lehman.

• UBS downgraded Big 5 Sporting Goods Corp (NASDAQ: BGFV) to Neutral from Buy.

• Banc of America downgraded Cognos (NASDAQ: COGN) to Neutral from Buy.

• Roth downgraded Fuel Tech Inc (NASDAQ: FTEK) to Hold from Buy.

Analyst downgrades 6-22-07: ANF, BGFV, COGN, TLB and SBUX originally appeared on BloggingStocks on Fri, 22 Jun 2007 11:15:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Friedman Billings views Marriott International's (NYSE: MAR) relatively low-risk, capital efficient fee income model as an attractive investment opportunity and started shares with an Outperform rating.

• Wedbush believes VeriFone Holdings (NYSE: PAY) is on the highest quality names in the space given the company's superior growth, high margins and consistent execution and started shares with a Strong Buy rating.

• Rodman believes Generex Biotech's (NASDAQ: GNBT) oral insulin, Oral-lyn could be a significant player in the non-injectable insulin market and initiated shares with an Outperform rating.

• Quality Systems (NASDAQ: QSII) was initiated with a Market Weight rating at Thomas Weisel.

• Morgan Keegan started Owens Corning (NYSE: OC) with a Market Perform rating citing the slowdown in the North American housing market.

• William Blair started Cepheid (NASDAQ: CPHD) with an Outperform rating.

• Kaufman started Glu Mobile Inc (NASDAQ: GLUU) with a Buy rating.

• Fuel Tech Inc (NASDAQ: FTEK) was started with a Buy rating.

• Wedbush initiated shares of Hypercom Corp (NYSE: HYC) with a Hold rating.

• Archer Daniels Midland Co (NYSE: ADM) was initiated with an Accumulate rating at Buckingham.

Analyst initiations 6-12-07: ADM, GNBT, MAR and PAY originally appeared on BloggingStocks on Tue, 12 Jun 2007 11:21:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY: Notable initiations today include Ericsson (ERIC) and Research in Motion (RIMM).

• JP Morgan started Ericsson Telephone Company (NASDAQ:ERIC) with an Overweight rating and $49.50 target; they believe Ericsson's EPS acceleration should be driven by share gains and margin expansion.
• CIBC World Markets initiated Research in Motion Ltd. (NASDAQ:RIMM) with a Sector Performer based on valuation, recommending investors wait for a better entry-point.

OTHER INITIATIONS:

• Alcatel-Lucent (NYSE:ALU) was initiated with a Buy rating and $15 target at Bank of America and feel the new company should benefit from favorable trends due to the IP/MPLS network builds, IPTV strength and strong emerging wireless subs group.
• ThinkEquity initiated Fuel Tech Inc. (NASDAQ:FTEK) with a Buy rating and $29 target , expecting them to benefit from numerous legislations that mandate the adoption of clean coal technologies by power and industrial plants.

Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst initiations 12-1-06: RIM initiated with Sector Perform originally appeared on BloggingStocks on Fri, 01 Dec 2006 11:05:00 EST. Please see our terms for use of feeds.