norfolk posts
FeedPosted Jul 30th 2007 11:13AM by Kevin Shult (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Good news, PepsiCo (PEP), Intel (INTC), Motorola (MOT), Exxon Mobil (XOM), Stocks to Buy
MOST NOTEWORTHY: MGM Mirage (MGM), Motorola (MOT), Navteq (NVT), ExxonMobil (XOM) and Intel (INTC) were today's noteworthy upgrades:
- Lehman upgraded shares of MGM Mirage (NYSE: MGM) to Overweight from Equal-Weight on valuation as they believe the market is currently undervaluing the company's growth prospects.
- Motorola (NYSE: MOT) was raised to Market Perform from Underperform at JMP Securities on valuation.
- Following the acquisition of competitor Tele Atlas by TomTom, CIBC believes Navteq (NYSE: NVT) is well positioned to gain share, upgrading the stock to Sector Outperformer from Sector Performer, and believes Garmin (GRMN) should consider buying the company for its exclusive map content.
- AG Edwards believes the recent pullback in ExxonMobil (NYSE: XOM) has created a buying opportunity, upgrading shares to Buy from Hold.
- Intel (NASDAQ: INTC) was added to American Technology's Focus List following its recent sell-off...
OTHER UPGRADES:
- Cox Radio (NYSE: CXR) was upgraded to Outperform from Market Perform at Wachovia.
- PepsiCo (NYSE: PEP) was upgraded to Buy from Hold at Matrix USA.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted May 18th 2007 11:19AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst initiations
MOST NOTEWORTHY: Select railroads were popular initiations today:
- Morgan Keegan started shares of Burlington Northern Santa Fe Corp (NYSE: BNI) with an Outperform rating and believes the stock should trade at a premium to Class 1 railroad peers, as the company consistently ranks above its peers in terms of operating ratio and return on invested capital.
- Morgan Keegan believes Kansas City Southern (NYSE: KSU) de Mexico provides KSU a tremendous growth opportunity, starting shares with an Outperform rating.
- Morgan Keegan also believes Norfolk Southern Corp (NYSE: NSC) is undervalued, despite having some of the best operating metrics in the industry, initiating shares with an Outperform rating.
- Union Pacific Corp (NYSE: UNP) was started with an Outperform rating as Morgan Keegan believes earnings estimates and management guidance may be conservative.
- Finally, CSX Corp (NYSE: CSX) was initiated with a Market Perform rating at Morgan Keegan as the firm believes there is more risk to the current share price than the potential upside...
OTHER INITIATIONS:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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