mflx posts
FeedPosted Jul 14th 2009 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Yahoo! (YHOO), Chevron Corp (CVX), Burger King Hldgs (BKC), Analyst initiations, Unilever ADR (UL)
Analyst upgrades:
- Jefferies upgraded VMware (NYSE: VMW) to Hold from Underperform on expectations June quarter revenue will be inline-to-slightly-better and negative revisions to September quarter revenue will not be as great as in the most recent two quarters. The firm raised its target on shares to $25 from $20.
- Citigroup upgraded Blue Nile (NASDAQ: NILE) to Buy from Hold on valuation following the recent pullback and believes expectations for Q2 are reasonable. The firm has a $50 price target on the stock.
- FBR Capital upgraded Bronco Drilling (NASDAQ: BRNC) to Market Perform from Underperform on valuation as it believes negative sentiment will ease. The firm raised its target on shares to $4 from $3.
- Unilever (NYSE: UL) was upgraded to Overweight from Neutral at JP Morgan.
- Posco (NYSE: PKX) was upgraded to Overweight from Equal Weight at Morgan Stanley.
- Gol Linhas Aereas (NYSE: GOL) was upgraded to Buy from Underperform at BofA/Merrill.
Continue reading Analyst upgrades, downgrades and initiations: THOO, VMW, VOD, BKC, CVX, HBAN ...
Posted Aug 8th 2007 11:26AM by Kevin Shult (RSS feed)
Filed under: Analyst reports, Research in Motion (RIMM), Analyst initiations, Stocks to Buy, Stocks to Sell
MOST NOTEWORTHY: HealthSpring (HS), CoPart (CPRT), Multi Fineline Electronix (MFLX) and Global Traffic Network (GNET) were today's noteworthy initiations:
- HealthSpring (NYSE: HS) was initiated with a Neutral rating and $20 target at Banc of America, as the firm doesn't expect earnings growth to recover until 2009.
- Rochdale Research started CoPark (NASDAQ: CPRT) with a Buy and $36 target yesterday. The firm said CoPark is in an excellent competitive position and expects growth to re-accelerate as the company integrates and expands its non-U.S. platform.
- Needham reinstated shares of Multi Fineline Electronix (NASDAQ: MFLX) with a Buy rating and $13 target, as the firm believes the current valuation overly discounts the company's opportunities with Sony-Ericsson (SNE/ERIC), Apple (AAPL), and the likelihood of stability at Motorola (MOT).
- Oppenheimer initiated shares of Global Traffic Network (NASDAQ: GNET) with a Buy rating and $9.50 target as the firm believes the company's expansion into new territories such as Canada and the UK should enable double-digit revenue and cash flow growth for the long term.
OTHER INITIATIONS:
- Goldman Sachs reinstated shares of Qiagen (NASDAQ: QGEN) with a Neutral rating.
- Raymond James initiated shares of Research in Motion (NASDAQ: RIMM) with an Outperform rating and $275 target.
- BMO Capital initiated shares of INVESTools (NASDAQ: SWIM) with an Outperform rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Mar 13th 2007 11:34AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst initiations
MOST NOTEWORTHY: Celgene Corp (CELG), Luminent Mortgage Capital (LUM) and CNET Networks, Inc (CNET) were some of today's notable initiations:
- Bernstein started Celgene Corp (NASDAQ: CELG) with an Outperform rating and $62 target. The firm believes Revlimid can achieve the company's global sales of more than $3.2B by 2012 and feels the recent low $50's is an excellent share entry point.
- JP Morgan initiated Luminent Mortgage Capital (NYSE: LUM) with an Overweight rating based on valuation.
- First Albany initiated CNET Networks inc (NASDAQ: CNET) with a Buy rating and $10 target, citing valuation.
OTHER INITIATIONS:
- RBC initiated Multi-Fineline Electronix, Inc (NASDAQ: MFLX) with an Outperform rating and $23 target.
- Jefferies started Packeteer, Inc (NASDAQ: PKTR) with a Buy rating and $18.50 target on valuation.
- Jefferies also initiated Riverbed Technology, Inc (NASDAQ: RVBD) with a Hold rating and $28 target.
- UBS AG (NYSE: UBS) was started with a Buy rating and $79 target at Bank of America.
- Matrix USA initiated Transocean Inc (NYSE: RIG) with a Buy rating.
- Wedbush initiated both eFunds Corp (NYSE: EFD) and NCR Corp (NYSE: NCR) with Buy ratings.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Feb 13th 2007 11:14AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Bad news, Ford Motor (F), Hansen Natural (HANS), Alcoa Inc (AA), , Coca-Cola Enterprises (CCE)
MOST NOTEWORTHY: Hydril Corp (HYDL), Circuit City Stores (CC) and Ford Motor Corp (F) topped today's list of most notable downgrades:
- Following the acquisition by Tenaris SA ADS (NYSE: TS), Hydril Corp (HASDAQ: HYDL) was downgraded by Lehman Brothers to Underweight from Overweight, to Peer Perform from Outperform at Bear Stearns and to Neutral from Overweight at JP Morgan.
- Circuit City Stores (NYSE: CC) was downgraded to Neutral from Buy on valuation at Goldman Sachs.
- Merrill Lynch downgraded Ford Motor Corp (NYSE: F) to Sell from Neutral citing the recent strength of its shares.
OTHER DOWNGRADES:
- Alcoa Inc (NYSE: AA) was taken down to Hold from Buy on valuation.
- Multi-Fineline Electronix Inc (NASDAQ: MFLX) was downgraded to Strong Sell from Strong Buy at Matrix USA, as the firm believes strong competition is eroding sales growth.
- Hansen Natural Corp (NASDAQ: HANS) was downgraded by both Goldman Sachs and JP Morgan to Neutral from Buy on valuation.
- Citigroup cut Coca-Cola Enterprises Inc (NYSE: CCE) to Hold from Buy citing the difficult CSD environment, especially relative to Buy-rated Pepsi Bottling Group (NYSE: PBG). The firm considers Pepsi Bottling to be better-positioned than Coca-Cola Enterprises.
- Freidman Billings downgraded Onyx Pharmaceuticals (NASDAQ: ONXX) to Underperform from Market Perform on valuation.
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