mxgl posts
FeedPosted Nov 6th 2008 11:31AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Adobe Systems (ADBE), Whole Foods Market (WFMI), News Corp'B' (NWS), Analyst initiations, Gilead Sciences (GILD)
Analyst upgrades:
- Citigroup upgraded shares of Sovereign Bancorp (NYSE: SOV) to Buy from Hold on their belief Sovereign will merge with Banco Santander (NYSE: STD) according to the terms on their October 13 agreement.
- Jefferies upgraded Whole Foods (NASDAQ: WFMI) to Hold from Underperform on valuation as they believe the capital infusion from Leonard Green limits downside risk. The company's target was raised to $11 from $9.50.
- Banc of America upgraded Max Capital (NASDAQ: MXGL) to Buy from Neutral on valuation, the company's strategic changes to lower earnings volatility and their belief it is well positioned to benefit from an improved P&C marketplace.
- Qimonda (NYSE: QI) was upgraded to Neutral from Underperform at Cowen.
- Health Net (NYSE: HNT) was raised to Neutral from Sell at Goldman.
- Parkway Properties (NYSE: PKY) was lifted to Market Perform from Underperform at Wachovia.
Analyst downgrades:Continue reading Analyst calls: WFMI, SOV, STD, QI, NWS, ENS, GILD, ADBE
Posted Sep 11th 2008 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Novartis AG ADS (NVS), Tyson Foods'A' (TSN), Analyst initiations, Symantec Corp (SYMC), Teva Pharm Indus ADR (TEVA)
Analyst upgrades:
- Goldman upgraded shares of Novartis (NYSE: NVS) to Buy from Neutral as they believe the Alcon (NYSE: ACL) acquisition has diversified the company's business.
- Tyson Foods (NYSE: TSN) was upgraded to Equal Weight from Underweight on valuation.
- JP Morgan raised Albermarle (NYSE: ALB) to Overweight from Neutral.
- BMO Capital upgraded Wynn Resorts (NASDAQ: WYNN) to Outperform from Market Perform.
- Synovus Financial (NYSE: SNV) was lifted to Buy from Hold at Sterne Agee.
Analyst downgrades:
- Morgan Stanley downgraded Reynolds American (NYSE: RAI) to Underweight from Equal Weight based on the impact from Altria's (NYSE: MO) purchase of competitor UST (NYSE: UST), which may result in pricing pressure.
- Goldman downgraded AstraZeneca (NYSE: AZN) to Sell from Neutral as they believe shares do not support near-term fundamentals.
- Max Capital (NASDAQ: MXGL) was downgraded to neutral from Buy at Banc of America.
- AudioCodes (NASDAQ: AUDC) was lowered at Merrill to Neutral from Buy.
- Pinnacle Financial (NASDAQ: PNFP) was downgraded to Neutral from Outperform at Baird.
Continue reading Analyst calls: NVS, TSN, WYNN, RAI, AZN, HAIN, TEVA, SYMC ...