idti posts
FeedPosted Aug 26th 2008 11:40AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Monster Worldwide (MNST), Analyst initiations, Marvell Technology Group (MRVL), EOG Resources (EOG), salesforce.com inc (CRM)
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Analyst upgrades:
- Citigroup upgraded shares of Salesforce.com (NYSE: CRM) to Buy from Hold on valuation following the recent weakness and expects positive seasonality in the second half of 2008.
- Gilat Satellite (NASDAQ: GILT) was upgraded to Outperform from Market Perform at William Blair on valuation.
- Cott Corp (NYSE: COT) was raised at UBS to Neutral from Sell.
- EOG Resources (NYSE: EOG) was upgraded to Market Perform from Underperform at Bernstein.
- Integra LifeSciencues (NASDAQ: IART) was raised to Buy from Hold at Argus.
Analyst downgrades:
- Jefferies downgraded shares of Marvell Tech (NASDAQ: MRVL) to Hold from Buy on HDD inventory concerns and share loss at Research in Motion (NASDAQ: RIMM) after checks indicated MRVL likely lost the design for the RIM Javelin to Freescale. The firm lowered their target to $15 from $22.
- Oppenheimer downgraded Integrated Device (NASDAQ: IDTI) to Perform from Outperform as they believe the upcoming Intel (NASDAQ: INTC) server memory transition will pressure shares for several quarters.
- Broadpoint downgraded shares of Healthaways (NASDAQ: HWAY) to Neutral from Buy as they see few near-term catalysts.
Continue reading Analyst calls: CRM, COT, EOG, MRVL, MNST, COMV, V
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