Analyst Upgrades

• Dominion (D) to buy from hold at Deutsche Bank.
• Corinthian Colleges (COCO) to outperform from underperform at RBC Capital.
• Canadian National (CNI) to sector outperformer from sector performer at CIBC.
• DragonWave (DRWI) to buy from hold at Jefferies.
• Infosys (INFY) to overweight from equal weight at Morgan Stanley.
• SL Green Realty (SLG), Lexington Realty (LXP) and Taubman Centers (TCO) to overweight from neutral at JPMorgan.
• Sunstone Hotel (SHO) to buy from neutral and Extra Space Storage (EXR) to buy from hold at KeyBanc.

Continue reading Analyst Calls: AEP, CCL, CNI, D, FDX, HAS, INFY, MAT, RCL, S, T, UPS, VZ ...

Analyst Calls: AEP, CCL, CNI, D, FDX, HAS, INFY, MAT, RCL, S, T, UPS, VZ ... originally appeared on BloggingStocks on Fri, 14 Jan 2011 11:20:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Hewlett-Packard (HPQ) to buy from neutral at UBS.
• Fluor (FLR) to overweight from neutral at JPMorgan.
• Macy's (M) to outperform from neutral at Credit Suisse.
• Canadian Solar (CSIQ), JA Solar (JASO) and HeartWare (HTWR) to buy from hold at Auriga.
• Ashford Hospitality (AHT) to outperform from market perform at FBR Capital.
• RenaissanceRe (RNR) to buy from neutral at Janney Capital.
• DCT Industrial (DCT) to market perform from underperform at Wells Fargo.
• Coeur d'Alene Mines (CDE) and Silver Standard (SSRI) to buy from hold at Deutsche Bank.
• Weatherford (WFT), Hercules (HERO), GulfMark Offshore (GLF), Tidewater (TDW) and GlaxoSmithKline (GSK) to buy from hold, and Diamond Offshore (DO) to hold from underperform, at Jefferies.
• Ritchie Bros. (RBA) to buy from neutral at BofA/Merrill.
• AstraZeneca (AZN) to buy from hold at Citigroup.

Continue reading Analyst Calls: AA, AMD, AMR, AZN, CIT, GSK, HPQ, M, NVDA, PCX, SPWRA ...

Analyst Calls: AA, AMD, AMR, AZN, CIT, GSK, HPQ, M, NVDA, PCX, SPWRA ... originally appeared on BloggingStocks on Tue, 11 Jan 2011 11:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Yingli Green (YGE) to outperform from market perform at Wells Fargo.
• National Semiconductor (NSM) to outperform from market perform at FBR Capital.
• DuPont (DD) to buy from hold at Citigroup.
• Blackboard (BBBB) to overweight from neutral at JPMorgan.
• Kindred Healthcare (KND) to buy from hold at Jefferies.
• Peabody Energy (BTU) to outperform from market perform at BMO Capital.
• Savvis (SVVS) to buy from neutral and InterActiveCorp (IACI) to neutral from underperform at BofA/Merrill.

Continue reading Analyst Calls: BRCM, BTU, DD, EBAY, KR, MRVL, NSM, PCX, SVVS, TWX ...

Analyst Calls: BRCM, BTU, DD, EBAY, KR, MRVL, NSM, PCX, SVVS, TWX ... originally appeared on BloggingStocks on Fri, 03 Dec 2010 10:40:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Goldman upgraded CSX (CSX) to neutral from sell.
• General Cable (BGC) was upgraded to buy from hold at KeyBanc.
• Morgan Stanley upgraded Chart Industries (GTLS) and Dresser Rand (DRC) to overweight from equal weight.
• Blackrock (BLK) was upgraded to outperform from neutral at Macquarie.
• Credit Suisse upgraded Zions Bancorp (ZION) to neutral from underperform and GameStop (GME) to outperform from neutral.
• Honeywell (HON) was upgraded to outperform from sector perform at RBC Capital.
• Panera Bread (PNRA) was upgraded to buy from neutral at SunTrust.

Continue reading Analyst Calls: AMD, BLK, CSX, DKS, GME, HGSI, HON, KEY, NSC, STP, ZION ...

Analyst Calls: AMD, BLK, CSX, DKS, GME, HGSI, HON, KEY, NSC, STP, ZION ... originally appeared on BloggingStocks on Wed, 17 Nov 2010 12:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Citigroup upgraded Colgate (CL) and Phillips-Van Heusen (PVH) to buy from hold.
• Wells Fargo upgraded IDACORP (IDA) to outperform from market perform.
• Union Pacific (UNP) was upgraded to outperform from neutral at RW Baird.
• Goldman upgraded Quicksilver (KWK) to neutral from sell.
• Republic Airways (RJET) was upgraded to buy from hold at Deutsche Bank.
• BofA/Merrill upgraded GAMCO Investors (GBL) to neutral from underperform.
• Senior Housing (SNH) was upgraded to outperform from market perform at JMP Securities.

Continue reading Analyst Calls: AKAM, CL, DB, JASO, MON, PVH, RAX, UNP ...

Analyst Calls: AKAM, CL, DB, JASO, MON, PVH, RAX, UNP ... originally appeared on BloggingStocks on Mon, 15 Nov 2010 12:00:00 EST. Please see our terms for use of feeds.

Options Update: JA Solar Lolatility Low as Shares Trend Higher into Solar Power Convention originally appeared on BloggingStocks on Wed, 13 Oct 2010 09:00:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: When Confusion Leads (AAPL, VZ, CSCO, COST, EQIX, JASO, MON, CRM)

Closing Bell: When Confusion Leads (AAPL, VZ, CSCO, COST, EQIX, JASO, MON, CRM) originally appeared on BloggingStocks on Wed, 06 Oct 2010 16:20:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Slow Growth Better Than No Growth (NYT, SLAB, V, MA, ZGEN, JASO)

Closing Bell: Slow Growth Better Than No Growth (NYT, SLAB, V, MA, ZGEN, JASO) originally appeared on BloggingStocks on Wed, 08 Sep 2010 16:00:00 EST. Please see our terms for use of feeds.

This morning, JA Solar Holdings (JASO) announced that it has signed multiple supply agreements with "several customers" to provide solar cells in 2011. The company will supply the solar cells from January 2011 through December 2011, but they are accompanied with prepayments or the delivery.

The company's CEO Dr. Peng Fang stated, "We are seeing very strong demand for our technologically advanced, high-quality products from our diverse global customer base ... Our customers view JA Solar as a reliable supplier partner and rely on JA to provide them with their 2011 product requirements."

Continue reading JA Solar Lands Solar Cell Supply Agreements

JA Solar Lands Solar Cell Supply Agreements originally appeared on BloggingStocks on Wed, 08 Sep 2010 15:40:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• UBS upgraded Salesforce.com (CRM) to Buy from Neutral based on positive feedback on the Chatter product and increasing confidence the company can beat FY11 guidance. The firm raised its price target to $111 from $90.
• Leerink upgraded Vivus (VVUS) to Outperform from Market Perform. The firm believes Qnexa issues raised by the FDA are labeling and marketing issues, and not approval issues. The firm expects a positive panel vote for Qnexa.
• Goldman upgraded AK Steel (AKS) to Buy from Netural citing lower iron ore prices. The firm has a $17 price target on the stock.
• Kinder Morgan Energy (KMP) was upgraded to Equal Weight at Morgan Stanley.
• Shire (SHPGY) was upgraded to Outperform from Neutral at Credit Suisse.
• Canadian National (CNI) was upgraded to Outperform from Market Perform at Raymond James.

Continue reading Analyst Calls: CRM, VVUS, AKS, KMP, SPWRA, TSL, JASO, ALL

Analyst Calls: CRM, VVUS, AKS, KMP, SPWRA, TSL, JASO, ALL originally appeared on BloggingStocks on Wed, 14 Jul 2010 11:20:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Another Grab Bag Day (MO, AMZN, BP, NE, JASO, MU, AAPL, OREX)

Closing Bell: Another Grab Bag Day (MO, AMZN, BP, NE, JASO, MU, AAPL, OREX) originally appeared on BloggingStocks on Mon, 28 Jun 2010 16:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Thomas Weisel upgraded Deckers Outdoor (DECK) to overweight from market weight following channel checks. The firm also raised its target for shares to $170 from $162.
• Deutsche Bank upgraded Amerigroup (AGP) to buy from hold as it believes the company is well positioned to benefit from health care reform. The firm upped its target for shares to $42 from $38.
• Cowen upgraded Cubist Pharmaceuticals (CBST) to outperform from neutral, citing increased conviction in Cubicin's patent exclusivity.
• OmniVision (OVTI) was upgraded to strong buy from buy at Needham.
• Take-Two (TTWO) was upgraded to buy from hold at ThinkEquity.
• Wells Fargo (WFC) was upgraded to buy from neutral at Sterne Agee.

Continue reading Analyst Calls: AGP, BCSI, CL, DECK, PG, MON, RHT, RY, TTWO, WFC ...

Analyst Calls: AGP, BCSI, CL, DECK, PG, MON, RHT, RY, TTWO, WFC ... originally appeared on BloggingStocks on Fri, 28 May 2010 12:30:00 EST. Please see our terms for use of feeds.

Here are some highlights from this past week's earnings coverage on BloggingStocks:

• Abercrombie & Fitch Co. (ANF) received an analyst's upgrade ahead of next week's Q4 earnings report.
• Acer Inc. reported its highest quarterly earnings in almost three years due in part to growth in shipments.
• Baidu Inc. (BIDU) swung to a better-than-expected Q4 profit, with strong revenue growth, and offered rosy guidance.
• Biogen Idec Inc. (BIIB) offered an upside surprise as well as full-year earnings above Wall Street estimates.
• Coinstar Inc. (CSTR) strong quarterly results and guidance, as well as litigation concerns, failed to inspire Wall Street.
• Coca-Cola Co. (KO) posted strong Q4 and full-year earnings results due to growth in emerging markets.

Continue reading Earnings Highlights: Acer, Baidu, Coca-Cola, Disney, Hasbro, Sprint ...

Earnings Highlights: Acer, Baidu, Coca-Cola, Disney, Hasbro, Sprint ... originally appeared on BloggingStocks on Sat, 13 Feb 2010 14:40:00 EST. Please see our terms for use of feeds.

Continue reading JA Solar Ups Forecast, Receives Upgrade

JA Solar Ups Forecast, Receives Upgrade originally appeared on BloggingStocks on Fri, 12 Feb 2010 10:40:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Deutsche Bank upgraded Wells Fargo (WFC) to buy from hold as it believes the TARP repayment should remove uncertainty and that the company will report strong Q4 results. The firm raised its target price on shares to $36 from $29. Keefe Bruyette upgraded Wells Fargo to market perform from outperform following the TARP repayment and raised its target on shares to $28 from $24.
• Wells Fargo believes News Corp's (NWS) newspaper and TV station segments are finally outperforming budget, while cable nets continue to perform well. The firm upgraded shares to outperform from market perform and has a $16 to $17 Valuation range.
• BofA/Merrill upgraded Starwood Hotels (HOT) to buy from underperform as they expect "strong cyclical recovery in lodging earnings" in late 2010. The firm raised its target to $40 from $25.
• ArcelorMittal (MT) was upgraded to buy from neutral at UBS.
• JA Solar (JASO) was upgraded to hold from sell at ThinkEquity.
• Acxiom (ACXM) was upgraded to overweight from equal weight at Stephens.

Continue reading Analyst upgrades, downgrades and initiations: CBS, H, HOT, MT, NWS, WFC, XTO ...

Analyst upgrades, downgrades and initiations: CBS, H, HOT, MT, NWS, WFC, XTO ... originally appeared on BloggingStocks on Tue, 15 Dec 2009 11:00:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• Citigroup upgraded FPL Group (FPL) to buy from hold on valuation and recommends buying the stock into the staff recommendation. The firm raised its target on shares to $58 from $55.
• Deutsche Bank upgraded Smithfield Foods (SFD) to buy from hold as it believes the company's fundamentals and export demand outlook are improving. The firm raised its target on shares to $20 from $12.
• Credit Suisse upgraded T. Rowe Price (TROW) to outperform from neutral and raised its target to $60 from $55 based on strong net inflows and potential operating leverage.
• Microchip (MCHP) was upgraded to neutral from sell at Goldman.
• Toll Brothers (TOL) was upgraded to outperform from market perform at Wells Fargo.
• Ascent Solar (ASTI) was upgraded to hold from underperform at Jefferies.

Continue reading Analyst upgrades, downgrades and initiations: ADBE, H, HAL, TOL, TROW, TSN ...

Analyst upgrades, downgrades and initiations: ADBE, H, HAL, TOL, TROW, TSN ... originally appeared on BloggingStocks on Wed, 11 Nov 2009 12:00:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Bulls gutting bears (ATVI, EWBC, GE, JASO, ENZN, MCD)

Closing Bell: Bulls gutting bears (ATVI, EWBC, GE, JASO, ENZN, MCD) originally appeared on BloggingStocks on Mon, 09 Nov 2009 16:00:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• Thomas Weisel upgraded PerkinElmer (NYSE: PKI) to Overweight from Market Weight on valuation as it sees limited downside to consensus estimates. The firm raised its target on shares to $20 from $18.
• Jefferies upgraded WuXi PharmaTech (NYSE: WX) to Hold from Underperform following the Q2 results as it believes the company's cross-selling strategy is paying off. The firm raised its target on shares to $12 from $5.
• FBR Capital upgraded J. Crew (NYSE: JCG) to Outperform from Market Perform to reflect the company's trend-right product, inventory control, unit growth, and strong management. The firm raised its target on shares to $36 from $25.
• Popular (NASDAQ: BPOP) was upgraded to Buy from Neutral at B. Riley.
• Pan American Silver (NASDAQ: PAAS) was upgraded to Buy from Neutral at UBS.
• HearUSA (AMEX: EAR) was upgraded to Buy from Hold at Roth Capital.

Continue reading Analyst upgrades, downgrades and initiations: AMTD, JCG, JNJ, MOS, NOK ...

Analyst upgrades, downgrades and initiations: AMTD, JCG, JNJ, MOS, NOK ... originally appeared on BloggingStocks on Thu, 13 Aug 2009 11:20:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Last minute mini-rally avoids larger disaster; KO, PFE, S, JASO

Closing Bell: Last minute mini-rally avoids larger disaster; KO, PFE, S, JASO originally appeared on BloggingStocks on Thu, 12 Feb 2009 16:26:00 EST. Please see our terms for use of feeds.

China-based Suntech Power Holdings (NYSE: STP) is slated to report its third-quarter earnings results ahead of the opening bell tomorrow, and the solar stock looks particularly vulnerable to a post-report drubbing. Sector peer JA Solar (NASDAQ: JASO) fell to an all-time low last week after offering a weak outlook, while Trina Solar (NYSE: TSL) today lowered its revenue forecast for 2008.

Currently, First Call reports that analysts are expecting STP to report a quarterly profit of 42 cents per American depositary receipt. Suntech has a respectable history in the earnings spotlight, having exceeded the Street's forecast in three out of its past four reports.

On the plus side, it seems as though many brokerage firms have already downwardly revised their expectations for STP. There have been 10 cuts to the firm's average 2008 earnings-per-share estimates, compared to just two increases.

Plus, several analysts have issued bearish notes on Suntech in the past few weeks: Jefferies & Co. cut its price target on November 17; JPMorgan Chase cut the stock from "neutral" to "underweight" and lowered its price target on November 16; Raymond James downgraded STP from "strong buy" to "outperform" on November 13, the same day that AmTech Research slashed its price target; and Deutsche Bank cut the stock from "hold" to "sell" on November 10.

Continue reading Suntech Power is pummeled with put volume, downgrades ahead of earnings

Suntech Power is pummeled with put volume, downgrades ahead of earnings originally appeared on BloggingStocks on Wed, 19 Nov 2008 12:50:00 EST. Please see our terms for use of feeds.