Lii Posts -- BloggingStocks

lii posts

Analyst calls: FLR, ANN, HSY, BEAT ...

Analyst upgrades:

Stanford raised Fluor (NYSE: FLR) to Hold from Sell primarily due to valuation.
Citigroup upgraded Cadence Designs (NASDAQ: CDNS) to Buy from Hold because they think the company's cost restructuring initiative and its new CFO will be catalysts for the shares.

Analyst downgrades:

Stephens dropped Ann Taylor (NYSE: ANN) to Equal Weight from Overweight because they no longer view LOFT as a compelling reason to invest in the company.
Citigroup downgraded Hershey (NYSE: HSY) to Hold from Buy on valuation.
KeyBanc dropped Lennox (NYSE: LII) to Hold from Buy on valuation.

Analyst initiations:

Coverage of Hershey was assumed with a Sell by Stifel, which cited valuation for its rating.
FARO Technology (NASDAQ: FARO) was initiated by Needham with a Buy rating.
Leerink Swann resumed coverage of Cardionet (NASDAQ: BEAT) with an Outperform, as the firm predicts that the company's technolgoy will enable it to grow substantially.

MOST NOTEWORTHY: MedicNova, Transocean and Lennox were today's noteworthy initiations:

Rodman & Renshaw is positive on MedicNova's (NASDAQ:MNOV) two primary products in development: MN-221, for the treatment of severe asthma and MN-166, an oral treatment for multiple sclerosis. The firm is also positive on MNOV's valuation; shares were initiated with an Outperform rating and $9 target.
Transocean (NYSE:RIG) is UBS's Top Pick as they believe it is the primary beneficiary of rising deepwater dayrates. Shares were assumed with a Buy rating and $201 target.
Suntrust initiated Lennox (NYSE:LII) with a Neutral rating and cites near-term visibility.

OTHER INITIATIONS:

Dean Foods (NYSE:DF) was initiated with an Outperform rating and $29 target.
Goldman started Parker-Hannifin (NYSE:PH) with a Neutral rating and $92 target.
UBS assumed Hercules Offshore (NASDAQ:HERO) and Pride International (NYSE:PDE) with Neutral ratings and targets of $35 and $49, respectively.

#	Blogger	Posts
1	Joseph Lazzaro	114
2	Tom Johansmeyer	107
3	Steven Mallas	51
4	Connie Madon	48
5	Tom Taulli	47
6	Steven Halpern	37
7	Trey Thoelcke	36
8	Mark Fightmaster	35
9	Paul Foster	24
10	Brian White	24
11	Zac Bissonnette	23
12	Brent Archer	22
13	Jon Ogg	22
14	Melly Alazraki	21
15	Jim Cramer	21
16	Eric Buscemi	17
17	Michael Fowlkes	15
18	Michael Shulman	13
19	Sam Collins	11
20	Elizabeth Harrow	11

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