Win a Samsung 22-inch LCD monitor from Joystiq!

AOL Money & Finance

Posts with tag ivac

Analyst downgrades: IVAC, SUN, UAUA, CAL, PVTB and POT

MOST NOTEWORTHY: Intevac, PrivateBancorp and Potash were today's noteworthy downgrades:
  • Intevac (NASDAQ: IVAC) was downgraded to Sell from Neutral. Piper downgraded Intevac citing delays in Gen2 upgrades following Q1 results.
  • Sandler downgraded PrivateBancorp (NASDAQ: PVTB) following its Q1 earnings results.
  • RBC Capital downgraded Potash (NYSE: POT), and advised taking some profits.
OTHER DOWNGRADES:
  • Soleil downgraded Sunoco (NYSE: SUN) based on weak East Coast refining margins and low marketing and chemical margins.
  • Calyon downgraded UAL (NASDAQ: UAUA) based on higher fuel costs and the failed merger with Continental (NYSE: CAL).

Analyst upgrades 8-29-07: AZO, HD, MVL and TAP

MOST NOTEWORTHY: Marvel Entertainment (MVL), AutoZone (AZO), Home Depot (HD), Molson Coors (TAP) and Semtech (SMTC) were some of today's noteworthy upgrades:
  • Matrix upgraded Marvel Entertainment (NYSE: MVL) to Buy from Hold as they don't think the company's improving performance is reflected in its falling stock price. They think Marvel represents a good entry point at current levels.
  • Kevin Dann upgraded shares of AutoZone (NYSE: AZO) to Buy from Hold on valuation and highlighted their belief that AutoZone may not be seeing as much sales weakness as investors expect. They recommend taking advantage of the recent share weakness and raised their target to $135 from $125.
  • Gabelli recommends Home Depot (NYSE: HD) as a long-term buy with a $43 target, upgraded shares from Hold, with the Supply division uncertainty now eliminated. They view the sale positively, even at the lower price.
  • JP Morgan upgraded Molson Coors (NYSE: TAP) to Overweight from Neutral, and believes Molson will monetize its solid balance sheet and free-cash flow yield to benefit the shareholders. They also consider valuation to be attractive.
  • Semtech (NASDAQ: SMTC) was upgraded to Outperform from Market Perform at William Blair following the strong Q2 report and outlook...
OTHER UPGRADES:
  • Big Lots (NYSE: BIG) was upgraded to Market Outperform from Market Perform at Avondale.
  • Breen Murray raised to Intevac (NASDAQ: IVAC) to Hold from Sell.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst downgrades 4-18-07: AMTD, IBM, WEN & YHOO downgraded today

MOST NOTEWORTHY: IBM Corp (IBM), Wendy's Internatioanl (WEN), Yahoo! (YHOO), Western Digital Corp (WDC) and TD AmeriTrade Holding Corp (AMTD) were today's noteworthy downgrades.
  • IBM Corp (NYSE: IBM) was cut to Neutral from Buy at Goldman to reflect the slowdown in domestic technology spending. Credit Suisse downgraded shares of IBM Corp to Neutral from Outperform and ThinkEquity cut IBM to Accumulate from Buy on the same rationale.
  • Needham downgraded Yahoo! (NASDAQ: YHOO) to Hold from Buy on valuation and the firm's belief that the 2H07 acceleration implied in consensus revenue forecasts could be difficult to exceed given the recent slowdown in display ad growth.
  • WR Hambrecht downgraded shares of Western Digital (NYSE: WDC) to Hold from Buy as the firm believes there could be more downside to forward estimates given the aggressive pricing and softer demand environment. The firm sees too many industry risks following Seagate Technology's (STX) earnings conference call.
OTHER DOWNGRADES:
  • Raymond James and BMO Capital downgraded U.S. Bancorp (NYSE: USB) to Market Perform from Outperform following its Q1 report.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Cramer's picks on the road at UVA

On today's STOP TRADING segment on CNBC, Jim Cramer was on the road on a back-to-school special and he was dismissing the "drop" today as almost nothing. On RPM International Inc. (NYSE:RPM), Cramer said it is going to $30.00 and he likes it (he interviewed the CEO recently too).

On The Middleby Corporation (NASDAQ:MIDD), Cramer thinks it is very consistent and it delivers. Intevac, Inc. (NASDAQ:IVAC) is another one Cramer likes.

On IAC/InterActiveCorp (NASDAQ:IACI) Cramer said the quarter wasn't bad like the street thought. The buy side is right the sell side is wrong and he thinks IACI is going to mid-$40's. We noted last month that Barry Diller was one of the top entrenched CEO's.

Jon Ogg is a partner in 24/7 Wall St., LLC; he does not own securities in the companies he covers.

Symbol Lookup
IndexesChangePrice
DJIA+32.7311,220.96
NASDAQ-3.162,255.88
S&P 500+5.481,242.31

Last updated: September 07, 2008: 01:42 PM

BloggingStocks Exclusives

Hot Stocks

BloggingStocks Featured Video

TheFlyOnTheWall.com Headlines

WalletPop Headlines

AOL Business News

Latest from BloggingBuyouts

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance