pac sun posts
FeedPosted Jun 18th 2007 10:46AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Good news, CIGNA Corp (CI), Jones Soda (JSDA), Symantec Corp (SYMC)
MOST NOTEWORTHY: Tektronix, Inc (TEK), GameStop Corp (GME) PrivateBancorp, Inc (PVTB), Quebecor World Inc (IQW) and CheckFree Corp (CKFR) were today's more noteworthy upgrades:
- JP Morgan upgraded shares of Tektronix (NYSE: TEK) to Overweight from Underweight citing improving sector fundamentals.
- JP Morgan also raised GameStop (NYSE: GME) to Overweight from Neutral based on the May sales data.
- Oppenheimer upgraded PrivateBancorp (NASDAQ: PVTB) to Neutral from Sell based on valuation.
- BMO Capital raised Quebecor World (NYSE: IQW) to Market Perform from Underperform on valuation.
- CheckFree (NASDAQ: CKFR) was assumed with a Sector Outperformer from Sector Performer at CIBC citing a favorable risk/reward, solid secular underlying trends, and overblown concerns for its rating...
OTHER UPGRADES:
- Goldman added Cigna Corp (NYSE: CI) to its America's Conviction List.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Apr 13th 2007 11:06AM by Kevin Shult (RSS feed)
Filed under: Analyst upgrades and downgrades, Good news, Merck and Co (MRK)
MOST NOTEWORTHY: Merck & Co (MRK), Intersil Corp (ISIL), Nautilus Group (NLS) and Pacific Sunwear (PSUN) were some of today's more noteworthy upgrades:
- Merck & Co (NYSE: MRK ) was upgraded to Neutral from Sell at Goldman Sachs to reflect the company's continued revenue strength and raised guidance. They believe strong execution continues.
- JP Morgan upgraded Intersil Corp NASDAQ: ISIL) to Overweight from Neutral based on improving fundamentals.
- Matrix USA upgraded shares of Nautilus Group (NYSE: NLS) to Hold from Strong Sell after this week's sell-off.
- Pacific Sunwear of California (NASDAQ: PSUN) was added to Freidman Billing's Top Picks List, believing the turnaround is taking hold following strong March comps.
OTHER UPGRADES:
- Goldman added L-3 Communications Hlds (NYSE: LLL) to its Conviction Buy List and raised its target to $105 from $95.
- McCormick Corp (NYSE: MKC) was upgraded to Outperform from Market Perform at Wachovia citing core performance in both Industrial and Consumer, including a nominal boost in long-term growth outlook.
- Bear Stearns upgraded shares of Ventana Medical Systems (NASDAQ: VMSI) to Outperform from Peer Perform, citing the company's solid base business outlook and Symphony potential.
- Piper Jaffray upgraded Ocwen Financial (NYSE: OCN) to Outperform from Market Perform.
- JP Morgan upgraded TJX Cos (NYSE: TJX) to Neutral from Underweight expecting merchandising initiatives and marketing spending to drive growth.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Mar 16th 2007 10:46AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Good news, Starbucks (SBUX), , Southwest Airlines (LUV)
MOST NOTEWORTHY: Starbucks Corp (SBUX), Southwest Airlines Co (LUV), Pacific Sunwear (PSUN) and Molson Coors Brewing Co (TAP) were just some of today's notable upgrades:
- Goldman Sachs added Starbucks Corp (NASDAQ: SBUX) to its Conviction Buy List citing valuation and expectations for margin improvement.
- Southwest Airlines Co (NYSE: LUV) was upgraded to Outperform from Neutral at Raymond James.
- Roth Capital upgraded Pacific Sunwear (NASDAQ: PSUN) to Buy from Hold as they believe positive momentum is beginning to build.
- Molson Coors Brewing (NYSE: TAP) was upgraded to Peer Perform from Underperform at Bear Stearns.
OTHER UPGRADES:
- ThinkEquity upgraded WebEx Communications (NASDAQ: WEBX) to Source of Funds from Sell following the acquisition by Cisco Systems (NASDAQ: CSCO).
- XL Capital Ltd (NYSE: XL) was upgraded to Strong Buy from Strong Sell as the firm believes an unusually low number of natural disasters is causing a sharply positive reversal in fundamental trends.
- Soleil upgraded shares of Doral Financial Corp (NYSE: DRL) to Hold from Sell to reflect the recent sale of the company's New York branches and an improved outlook for the Puerto Rican economy.
- Bear Stearns upgraded Roche Holding Ltd (OTC: RHHBY) to Outperform from Peer Perform and Anheuser-Busch Cos (NYSE: BUD) to Outperform from Peer Perform.
- Countrywide Financial (NYSE: CFC) was upgraded to Market Perform from Underperform at Keefe Bruyette.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).