Continue reading Loopnet fights the commercial real estate depression

Loopnet fights the commercial real estate depression originally appeared on BloggingStocks on Thu, 29 Oct 2009 15:10:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• BMO Capital is positive on IBM (NYSE: IBM) given the company's reduced pension and stock buyback, opportunity to increase the mix of software, new mainframe cycle, and the company's diverse revenue stream. Shares were initiated with an Outperform rating and $138 target.
  
• Merriman views Entropic Comm (NASDAQ: ENTR) as a core holding for investors seeking exposure to the rapidly growing home networking market and finds the current valuation attractive; the firm started shares with a Buy rating.
  
• Friedman Billings assumed FARO Tech (NASDAQ: FARO) with an Outperform rating and $42 target. The firm expects FARO's secular growth to drive sales as the company's products meet the needs of the largest emerging market for software-based manufacturing measurement systems.

• Oppenheimer initiated MedAssets (NASDAQ: MDAS) with a Perform rating and $20 target.
• Broadcom (NASDAQ: BRCM) was initiated at Baird with a Neutral rating and $29 target.
  
• LoopNet (NASDAQ: LOOP) was assumed with an Equal Weight rating and $15 target at Stephens.

Analyst initiations: IBM, ENTR and FARO originally appeared on BloggingStocks on Fri, 23 May 2008 11:20:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• RBC Capital cut American Home Mortgage (NYSE: AHM) to Sector Perform from Outperform citing the deterioration in the global debt markets for the downgrade.

• Morgan Stanley downgraded shares of Biogen Idec (NASDAQ: BIIB) to Underweight from Equal Weight citing risk to Rituxan growth.

• Merriman downgraded Bebe Stores (NASDAQ: BEBE) to Neutral from Buy as they believe new fall merchandise is not performing well enough to improve sales trends.

• Robert W. Baird downgraded shares of Ingersoll-Rand (NYSE: IR) to Neutral from Outperform citing higher risk premium due to the IRS challenge and tighter credit markets that could impact the Bobcat divestiture.

• Children's Place (NASDAQ: PLCE) was cut to Neutral from Positive at Susquehanna.

• Thomas Weisel downgraded LoopNet (NASDAQ: LOOP) to Market Weight from Overweight.

• ThinkEquity cut Kyphon (NASDAQ: KYPH) to Accumulate from Buy.

• Needham downgraded QLogic (NASDAQ: QLGC) to Hold from Buy.

• JMP Securities downgraded ValueClick (NASDAQ: VCLK) to Market Perform from Outperform.

Analyst downgrades 7-30-07: AHM, BEBE, QLGC and VCLK originally appeared on BloggingStocks on Mon, 30 Jul 2007 11:45:00 EST. Please see our terms for use of feeds.