BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Analyst downgrades: ING, INWK, KNXA, AAI and AMR]]>http://www.bloggingstocks.com/2007/11/08/analyst-downgrades-ing-inwk-knxa-aai-and-amr/http://www.bloggingstocks.com/2007/11/08/analyst-downgrades-ing-inwk-knxa-aai-and-amr/http://www.bloggingstocks.com/2007/11/08/analyst-downgrades-ing-inwk-knxa-aai-and-amr/#commentsFiled under: , , ,

MOST NOTEWORTHY: ING Group, Innerworkings, Kenexa, AirTran Holdings and AMR Corp were today's noteworthy downgrades:
  • Bear Stearns downgraded shares of ING Group (NYSE: ING) to Peer Perform from Underperform after the company's Q3 results, given continued concerns regarding the US mortgage market.
  • Jefferies lowered its rating on Innerworkings (NASDAQ: INWK) to Hold from Buy on valuation, as they see limited upside after the in-line Q3 results.
  • Kenexa (NASDAQ: KNXA) was downgraded to Market Underperform from Market Perform at JMP Securities. The firm downgraded shares following the disappointing Q3 report and guidance as pressure on its business is likely to continue.
  • UBS downgraded AirTran Holdings (NYSE: AAI) to Neutral from Buy and AMR Corporation (NYSE: AMR) to Sell from Neutral. The firm cited weakening corporate demand for the downgrades.
OTHER DOWNGRADES:
  • NICE Systems (NASDAQ: NICE) was downgraded to Neutral from Buy at Banc of America.
  • Deutsche Bank downgraded Gol Linhas Aereas (NYSE: GOL) to Hold from Buy.
  • Wachovia downgraded the Broker Sector to Market Weight from Overweight, also downgrading Goldman Sachs (NYSE: GS) to Market Perform from Outperform.
  • Goldman removed Maxim (NASDAQ: MXIM) from its Conviction Buy List.

Analyst downgrades: ING, INWK, KNXA, AAI and AMR originally appeared on BloggingStocks on Thu, 08 Nov 2007 10:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaiairtranamranalystdowngradegolgol linhasgoldman sachsGoldmanSachsGolLinhasgsinginnerworkingsinwkkenexaknxamaximmximniceThu, 08 Nov 2007 10:45:00 EST<![CDATA[Cramer says InnerWorkings is working]]>http://www.bloggingstocks.com/2006/12/19/cramer-says-innerworkings-is-working/http://www.bloggingstocks.com/2006/12/19/cramer-says-innerworkings-is-working/http://www.bloggingstocks.com/2006/12/19/cramer-says-innerworkings-is-working/#commentsFiled under: ,

Jim Cramer today said you can learn from the dot.com bubble blow-ups and know how to avoid repeats with the hot stocks of today. A stock he likes is InnerWorkings (INWK). It's up 87% since its August IPO. What Cramer is evaluating is if it has room to keep running or if it is overbought and hyped. The company is a printing services outsourced provider. They hook up 2700 printing companies with their customers and it is the new incartnaion of the cyber-middle-man with a regional to national play. That means its growth can't be held in check. 60% of its clients are in Illinois and they are hiring more sales people.

The analysts are all four underwriters, so it hasn't caught the attention of the street. There are 2 buys and 2 holds and Cramer said the next guy that picks up coverage 70% is held and will be free to sell in Feb 2007. He said if you buy it you may need to swap out of it and then back into it after that lock-up.

I personally remember this IPO as one that showed most of its growth because of acquisitions, but Cramer didn't say that. It ran 15% at the IPO.

The end market for the company is huge and fragmented with printing. Cramer said the company's proprietary software gives it an edge. Shares are up almost 5% at $17.60 after Cramer touted it, and its 52-week range is $9.60 to $18.58.

Cramer says InnerWorkings is working originally appeared on BloggingStocks on Tue, 19 Dec 2006 18:12:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cnbccramerinnerworkingsTue, 19 Dec 2006 18:12:00 EST