knight posts
FeedPosted Jul 30th 2007 11:13AM by Kevin Shult (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Good news, PepsiCo (PEP), Intel (INTC), Motorola (MOT), Exxon Mobil (XOM), Stocks to Buy
MOST NOTEWORTHY: MGM Mirage (MGM), Motorola (MOT), Navteq (NVT), ExxonMobil (XOM) and Intel (INTC) were today's noteworthy upgrades:
- Lehman upgraded shares of MGM Mirage (NYSE: MGM) to Overweight from Equal-Weight on valuation as they believe the market is currently undervaluing the company's growth prospects.
- Motorola (NYSE: MOT) was raised to Market Perform from Underperform at JMP Securities on valuation.
- Following the acquisition of competitor Tele Atlas by TomTom, CIBC believes Navteq (NYSE: NVT) is well positioned to gain share, upgrading the stock to Sector Outperformer from Sector Performer, and believes Garmin (GRMN) should consider buying the company for its exclusive map content.
- AG Edwards believes the recent pullback in ExxonMobil (NYSE: XOM) has created a buying opportunity, upgrading shares to Buy from Hold.
- Intel (NASDAQ: INTC) was added to American Technology's Focus List following its recent sell-off...
OTHER UPGRADES:
- Cox Radio (NYSE: CXR) was upgraded to Outperform from Market Perform at Wachovia.
- PepsiCo (NYSE: PEP) was upgraded to Buy from Hold at Matrix USA.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Mar 23rd 2007 11:11AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Bad news, Palm Inc (PALM), Liz Claiborne (LIZ)
MOST NOTEWORTHY: Palm, Inc (PALM), Reliant Energy, Inc (RRI) and Take-Two Interactive Software (TTWO) topped today's more notable downgrades:
- UBS cut Palm, Inc (NASDAQ: PALM) to Reduce from Neutral citing valuation. Bank of America downgraded shares to Neutral from Buy with an $18 target and considers the risk/reward less favorable at these levels.
- Bank of America also downgraded Reliant Energy (NYSE: RRI) to Sell from Neutral on valuation.
- Hillard Lyons cut Take-Two Interactive Software (NASDAQ: TTWO) to Neutral from Outperform.
OTHER DOWNGRADES:
- CIBC downgraded Jabil Circuit, Inc (NYSE: JBL) to Sector Performer from Outperformer following the company's disappointing outlook. Bear Stearns cut Jabil to Peer Perform from Outperform. BMO cut the company to Market Perform from Outperform.
- Friedman, Billings, Ramsey downgraded shares of FormFactor, Inc (NASDAQ: FORM) to Market Perform from Outperform to reflect increased risks in the logic market and long-term growth concerns.
- Matrix USA downgraded Knight Transportation (NYSE: KNX) to Hold from Buy.
- American Technology downgraded shares of Comverse Technology, Inc (NASDAQ: CMVT) to Neutral from Buy as the firm believes a retreat to the $17 range is likely given the company's disappointing margin trends.
- CL King cut Claire's Stores, Inc (NYSE: CLE) to Neutral from Strong Buy following the buyout offer.
- Goldman downgraded Atmos Energy Corp (NYSE: ATO) to Sell from Neutral and Liz Claiborne, Inc (NYSE: LIZ) to Neutral from Buy.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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