plexus posts
FeedPosted Jul 12th 2007 11:20AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst reports, Analyst initiations
MOST NOTEWORTHY: Celgene (CELG), Flextronics (FLEX), TradeStation (TRAD) and Assisted Living Concepts (ALC) were today's noteworthy initiations:
- Jefferies is positive on Celgene (NASDAQ: CELG) over the longer term given the company's robust earnings growth potential and strong cash flow prospects, and started shares with a Buy.
- Flextronics (NASDAQ: FLEX) was assumed with a Buy rating at Banc of America, who called the proposed acquisition of Solectron (SLR) a positive.
- Friedman Billings believes TradeStation's (NASDAQ: TRAD) unique platform differentiates it from the competition and gives it a sustained advantage, starting shares with an Outperform.
- Ferris Baker Watts initiated Assisted Living (NYSE: ALC) with a Buy rating, calling shares attractive...
OTHER INITIATIONS:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted May 15th 2007 11:31AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades
MOST NOTEWORTHY: The electronics manufacturing services sector was today's noteworthy initiation:
- Credit Suisse initiated coverage of the EMS sector with an Underweight. The firm believes the industry is burdened with overcapacity in high-cost manufacturing regions, with hyper competition, allowing for no pricing power.
OTHER INITIATIONS:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Feb 22nd 2007 11:43AM by Kevin Shult (RSS feed)
Filed under: Before the bell, TD AmeriTrade Holding (AMTD), Mattel, Inc (MAT), Analyst initiations
MOST NOTEWORTHY: Plexus Corp (PLXS) and Ameristar Casinos Inc (ASCA) were some of today's most notable initiations:
- Lehman initiated Plexus Corp (NASDAQ: PLXS) with an Underweight rating and $15.50 target.
- Wachovia started Ameristar Casinos Inc (NASDAQ: ASCA) with an Outperform rating; the firm sees upside for Ameristar through growth of existing properties that have expansions and the removal of the $500 loss limit in Missouri.
OTHER INITIATIONS:
- Mattel Inc (NYSE: MAT) was initiated with a Hold rating at Sterne Agee.
- First Albany started Gaming Partners International Corp (NASDAQ: GPIC) with a Buy rating and $23 target.
- Jefferies initiated Morgans Hotel Group Co (NASDAQ: MHGC) with a Hold rating and $20 target based on valuation.
- UBS started E*Trade Financial Corp (NASDAQ: ETFC) with a Buy rating and $29 target.
- UBS also started TD Ameritrade Holding Corp (NASDAQ: AMTD) with a Neutral rating on valuation.
- Stifel initiated Saia Inc (NASDAQ: SAIA) with a Buy rating and $31 target; the firm is positive on Saia's growth and said the company should be the biggest beneficiary of further tonnage leakage from Central Freight Lines, which recently went private.
- William Blair started US BioEnergy Corp (NASDAQ: USBE) with an Outperform rating.
- JMP Securities assumed coverage of Delta Financial Corp (NYSE: DFC) with a Strong Buy rating and $13 target.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).