hqs posts
FeedPosted Nov 11th 2008 12:12PM by Eric Buscemi (RSS feed)
Filed under: Analyst upgrades and downgrades, Tyson Foods'A' (TSN), Analyst initiations, Urban Outfitters (URBN), KKR Financial (KFN)
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Analyst upgrades:
- Baird upgraded Optimer Pharm (NASDAQ: OPTR) to Outperform from Neutral and raised its target to $13 from $8 citing the decidedly positive data from the OPT-80 trial.
- Banc of America upgraded Quest Diagnostics (NYSE: DGX) to Buy from Neutral on valuation and believes management has set expectations well.
- Credit Suisse views Jacobs Engineering (NYSE: JEC) as a high quality name given the quality of management, execution track record, and relationship business model. Shares were upgraded to Outperform from Neutral.
- Horizon Lines (NYSE: HRZ) was upgraded to Overweight from Equal Weight at Stephens.
- Bancolombia SA (NYSE: CIB) was raised to Buy from Neutral.
- Great Lakes Dredge (NASDAQ: GLDD) was upgraded to Buy from Hold at Morgan Joseph.
Analyst downgrades:Continue reading Analyst calls: OPTR, JEC, KFN, CAR, DISH, TSN, VMW, INFY, URBN, DKS
Posted Jun 16th 2008 12:38PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst initiations
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MOST NOTEWORTHY: HQ Sustainable Maritime, Wyndham and Cathay General Bancorp were today's noteworthy initiations:
- Cowen views HQ Sustainable Maritime (NYSE: HQS) as undervalued and a future winner in the "green economics" game. The firm started shares with an Outperform rating.
- JP Morgan initiated Wyndham (NYSE: WYN) with an Overweight rating. The firm finds the valuation attractive given the company's fee-based business model and attractive international growth opportunities.
- B. Riley assumed Cathay General Bancorp (NASDAQ: CATY) with a Buy rating and $16 target and believes the company's valuation discount to peers is unwarranted.
OTHER INITIATIONS:
- BGC Parnters (NASDAQ: BGCP) was initiated at Deutsche Bank with a Buy rating and $13 target.
- Friedman Billings initiated Maiden Holdings (NASDAQ: MHLD) with an Outperform rating and $11.50 target.
- Sandler assumed CRM Holdings (NASDAQ: CRMH) with a Buy rating and $6.50 target.
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