mdth posts

Feed

Analyst upgrades and downgrades: AF, SUN, SOL ...

Analyst upgrades:
  • JP Morgan upgraded Astoria Financial (NYSE: AF) to Neutral from Underweight on valuation as it finds the stock fairly valued at current levels.
  • Seagate Technology (NASDAQ: STX) was upgraded to Neutral from Sell at American Technology.

Analyst downgrades:
  • Soleil downgraded Sunoco (NYSE: SUN) to Hold from Buy on valuation following the recent rally and is concerned about rising distillate inventories on the East Coast.
  • Deutsche Bank downgraded MedCath (NASDAQ: MDTH) to Hold from Buy and lowered its target to $12.50 from $14 as it believes FY09 consensus estimates remain too high.
  • Piper Jaffray downgraded ReneSola (NYSE: SOL) to Neutral from Buy and Canadian Solar (NASDAQ: CSIQ) to Sell from Neutral.
  • LHC Group (NASDAQ: LHCG) was cut to Hold from Buy at Deutsche Bank.

Analyst calls: CHS, CQB, CLWR, KO, K, ESLR, DT, FSLR, NBR

Analyst upgrades:
  • Cowen upgraded Aaron Rents (NYSE: RNT) to Outperform from Neutral and believes the company's business model is gaining momentum despite the difficult environment. The firm views valuation as attractive.
  • Citigroup upgraded shares of MedCath (NASDAQ: MDTH) to Hold from Sell on valuation following the recent sell-off. The company's target was lowered to $9 from $19.
  • Stanford upgraded AeroVironment (NASDAQ: AVAV) to Buy from Hold based on valuation and because they believe its visibility over the next year has improved.
  • Chiquita Brands (NYSE: CQB) was lifted to Buy from Hold at BB&T.
  • Chico's FAS (NYSE: CHS) was upgraded to Neutral from Sell at UBS.
  • FCStone (NASDAQ: FCSX) was raised to Strong Buy from Outperform at Raymond James.
Analyst downgrades:
  • RBC Capital downgraded Clearwire (NASDAQ: CLWR) to Sector Perform from Outperform based on reduced valuation parameters and lack of catalysts. The company's target was lowered to $9 from $15.
  • Kellogg (NYSE: K) and Coca-Cola (NYSE: KO) were cut to Neutral from Buy at UBS.
  • Evergreen Solar (NASDAQ: ESLR) was downgraded at JP Morgan to Underweight from Neutral.
  • Deutsche Telekom (NYSE: DT) was downgraded to Neutral from Buy at Goldman and to Hold from Buy at Deutsche Bank.

Continue reading Analyst calls: CHS, CQB, CLWR, KO, K, ESLR, DT, FSLR, NBR

Analyst upgrades: DRH, PZN, LULU and VOD

MOST NOTEWORTHY: DiamondRock Hospitality, Pzena Investment and Vodafone were today's noteworthy upgrades:
  • DiamondRock Hospitality (NYSE: DRH) was upgraded to Outperform from Neutral at Baird, citing the newly-announced 4.8M repurchase plan, strong balance sheet and valuation.
  • Keefe Bruyette upgraded shares of Pzena Investment (NYSE: PZN) to Market Perform from Underperform after the company announced February ending AUM.
  • Goldman added Vodafone (NYSE: VOD) to its Conviction Buy List following the recent weakness as they expect the company to benefit from growth in wireless data.
OTHER UPGRADES:

Analyst upgrades: TWX, MDTH and SLB

MOST NOTEWORTHY: Time Warner, MedCath and Schlumberger were today's noteworthy upgrades:
  • UBS upgraded shares of Time Warner (NYSE: TWX) to Buy from Neutral on valuation and believes the company's focus on structural improvements and cost reductions will provide positive catalysts.
  • MedCath (NASDAQ: MDTH) was upgraded to Outperform from Market Perform at Wachovia, as they view weakness following the Q1 miss due to a higher-than-expected option expense as a buying opportunity.
  • Bear Stearns raised Schlumberger (NYSE: SLB) to Outperform from Peer Perform, as they believe the company is well-positioned for the next oilfield service business cycle and valuation.
OTHER UPGRADES:

Analyst upgrades 5-25-07: GSK, LNVGY, RFMD and TWB

MOST NOTEWORTHY: GlaxoSmithKline plc (GSK), RF Micro Devices, Inc (RFMD), BMC Software, Inc (BMC) and Tween Brands Inc (TWB) were today's noteworthy upgrades:
  • Jefferies upgraded shares of RF Micro Devices (NASDAQ: RFMD) to Buy from Hold and raised the target to $9.00 from $7.00 after their channel checks indicated RFMD's business has improved since its last earnings call.
  • Cowen raised BMC Software (NYSE: BMC) to Neutral from Underperform citing valuation and improvements in the cash flow for their upgrade.
  • Susquehanna upgraded Tween Brands (NYSE: TWB) to Positive from Neutral based on Justice's performance and recent buyback activity...
OTHER UPGRADES:
  • Lenovo Group Ltd (OTC: LNVGY) was upgraded at Credit Suisse to Neutral from Underperform; JP Morgan upgraded Lenovo to Overweight from Neutral.
  • Goldman upgraded CDI Corp (NYSE: CDI) to Buy from Neutral.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst initiations 11-20-06: Halliburton initaited with Neutral

MOST NOTEWORTHY: Aeropostale (ARO) and Halliburton (HAL) top today's initiations.

  • Caris initiated Aeropostale, Inc. (NYSE:ARO) with an Above Average rating and said Aeropostale's strong inventory, management and same-store sales growth should bring significant upside to margins.
  • Credit Suisse started Halliburton Company (NYSE:HAL) with a Neutral and $43 target.

OTHER INITIATIONS:

  • Medcath Corp (NASDAQ:MDTH) was initiated by Citigroup with a Buy and $35 target, citing a solid portfolio, strong core operating results and valuation.
  • Credit Suisse initiated J Crew Group, Inc. (NYSE:JCG) with an Outperform rating and $42 target. The firm said J Crew was an attractive turnaround story with opportunity for margin expansion.

Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 11, 2012: 12:15 AM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1328937313924 ms.