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Analyst Calls: BAC, CMA, DO, HOT, ORCL, RIG, RTN, SBUX, TLB, WYNN ...

Analyst Upgrades

  • Wynn Resorts (WYNN) to overweight from neutral at JPMorgan.
  • Oracle (ORCL) and Alliance Data Systems (ADS) to outperform from neutral at Macquarie.
  • Saint Joe (JOE) to outperform from market perform at Keefe Bruyette.
  • Starwood Hotels (HOT) to neutral from underperform at RW Baird.
  • Middlesex Water (MSEX) to buy from neutral at Janney Capital.
  • Consol Energy (CNX) to buy from hold at BB&T.

Continue reading Analyst Calls: BAC, CMA, DO, HOT, ORCL, RIG, RTN, SBUX, TLB, WYNN ...

Insiders Buying Pilgrim's Pride, American Superconductor and More

American Superconductor (AMSC) logoIf you are looking for clues telling you which stocks have a good chance of increasing in value, you might want consider watching what insiders are doing. After all, talk is cheap, but when insiders put their own money on the line, you should sit up and take note.

Pilgrim's Pride (PPC) topped the insider-buying charts for the week ending July 9th as insiders snapped up 21,000,000 shares of company stock at a market value of $125,160,000. During the past six months, insiders have increased their overall holdings in the company by 0.18% and now own 38.97% of PPC stock.

Continue reading Insiders Buying Pilgrim's Pride, American Superconductor and More

Analyst Calls: CPSI, JOYG, MAKO, POWI, PXD, RIMM, STR, TUP, ...

Analyst Upgrades

  • JPMorgan upgraded Tupperware (TUP) to overweight from neutral, but lowered its price target to $57 from $58. The firm cites valuation and organic growth for the upgrade.
  • William Blair upgraded Computer Programs (CPSI) to outperform from market perform. The firm noted that the company's Systems bookings have significantly exceeded its Systems revenue in recent quarters while the firm thinks the company will benefit from accelerated EHR adoption by small hospitals in coming years.
  • RBC Capital upgraded Questar (STR) to outperform from sector perform and raised its price target to $49 from $52. The firm believes the separation of QEP Resources from Questar will create shareholder value.
  • Pinnacle Financial (PNFP) was upgraded to buy from hold at Wunderlich.
  • Power Integrations (POWI) and Volterra (VLTR) were upgraded to strong buy from buy at Needham.
  • Realty Income (O) was upgraded to neutral from underperform at Baird.

Continue reading Analyst Calls: CPSI, JOYG, MAKO, POWI, PXD, RIMM, STR, TUP, ...

The week in preview: Bernanke, earnings winners, and Raymond James conference

After testifying before a Senate committee about AIG (NYSE: AIG) last week, the Fed's Ben Bernanke participates in a Council of Foreign Relations event Monday evening.

Economic data due to be released this week include wholesale trade and job vacancies for January on Tuesday morning, the U.S. Treasury budget for February on Wednesday, retail sales for February and business inventories for January on Thursday morning, and the U.S. trade balance for January on Friday morning.

Continue reading The week in preview: Bernanke, earnings winners, and Raymond James conference

Analyst initiations: Mako Surgical, ArcSight, ICU Medical

MOST NOTEWORTHY: Mako Surgical, ArcSight and ICU Medical were today's noteworthy initiations:

  • Mako Surgical (NASDAQ: MAKO) was initiated with an Overweight rating at JP Morgan. The firm believes Mako has the most compelling system for navigated, robotic assisted orthopedic surgery to date.
  • After ArcSight (NASDAQ: ARST) reported better-than-expected results for its Q3 and guidance for Q4 that Wachovia views as positive, the firm, which initiated shares with an Outperform rating, expects that regulatory compliance initiatives such as SOX will help protect the company from the slowdown, and help result in upward revisions to Wachovia's estimates in the future, as well as margin expansion.
  • Soleil believes ICU Medical's (NASDAQ: ICUI) close distributor relationship with Hospira (NYSE: HSP) will drive its CLAVE/Custom IV franchises. The firm started shares with a Buy rating and $33 target.

OTHER INITIATIONS:

  • Bear initiated Journal Comm (NYSE: JRN) with an Outperform rating and $10.25 target.
  • Royal KPN (NYSE: KPN) was initiated at Societe Generale with a Sell rating.
  • Broadpoint assumed Nuance Comm (NASDAQ: NUAN) with a Buy rating and $22 target.

Symbol Lookup
IndexesChangePrice
DJIA+72.8112,874.04
NASDAQ+27.512,931.39
S&P 500+9.131,351.77

Last updated: February 13, 2012: 05:19 PM

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