polycom posts
FeedPosted Oct 5th 2007 9:05AM by Eric Buscemi (RSS feed)
Filed under: Newspapers, Magazines, Sprint Nextel Corp (S), Sotheby's (BID),
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MAJOR PAPERS:
- Troubled Sprint Nextel Corporation (NYSE: S) is searching for a replacement for CEO Gary Forsee, and expects to have a new person in place by December, reported the Wall Street Journal.
- Two Bear Stearns Companies (NYSE: BSC) collapsed mortgage related hedge funds, that lost $1.6B, have drawn an investigation from the U.S. attorney in Brooklyn, NY, reported the Wall Street Journal.
- The Financial Times reported that the U.K. economy will be affected by the global credit crisis, according to Chancellor of the exchequer Alistair Darling, who said that while the U.K. economy is in a strong position to ride out the impact, growth projections will be lowered from the current 2.5%-3%.
OTHER PAPERS:
- From BusinessWeek's "Inside Wall Street" section:
- Sotheby's (NYSE: BID) has benefited from Wall Street's equity market gains, with high-end investors piling money into art, and Rommel Dionisio of Wedbush Morgan Securities sees the stock going to $60 in a year.
- Amid concern that it might miss the Street's Q3 forecast, is Polycom (NYSE: PLCM) oversold at $26? Yes, says Greg MacArthur, president of investment outfit Viewpoint2000.
- Stereotaxis (NASDAQ: STXS) makes a computerized magnetically controlled navigation system that guides devices used in minimally invasive cardiac arrhythmia surgery, and Standard & Poor's rates the stock a Buy, in part because of its order backlog of $55 million.
Posted Jul 10th 2007 10:32AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst reports, Activision Inc (ATVI), Analyst initiations, EMC Corp (EMC), Urban Outfitters (URBN)
MOST NOTEWORTHY: EMC Corp (EMC), NetEase.com, Inc (NTES), Wireless Ronin Technologies (RNIN), Activision (ATVI) and GameStop Corp (GME) were today's noteworthy initiations:
- BMO Capital expects upside to EMC Corp's (NYSE: EMC) June quarter estimates, but only sees limited share upside from current levels. The firm started shares with a Market Perform rating and $21 target.
- Pali Research believes NetEase.com (NASDAQ: NTES) must address the discontinuity in its growth and started shares off with a Neutral rating.
- Barrington expects Wireless Ronin (NASDAQ: RNIN) to benefit from growth towards broadcasting to the outdoor component of out-of-home and views the company as an emerging growth opportunity that is starting with a strong technological base and management team. The firm started shares with an Outperform rating.
- First Albany initiated shares of GameStop (NYSE: GME) with a Buy rating, citing upside potential to 2008 estimates.
- Activision (NASDAQ: ATVI) was also initiated at First Albany, with a Buy rating, as the firm is expecting strong results and guidance...
OTHER INITIATIONS:
- Jefferies initiated Polycom (NASDAQ: PLCM) with a Buy rating.
- Deutsche Bank started Zoran (NASDAQ: ZRAN) with a Buy rating.
- Banc of America initiated Garmin (NASDAQ: GRMN) with a Neutral rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Mar 22nd 2007 11:21AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Cisco Systems (CSCO), Sony Corp ADR (SNE), Sun Microsystems (JAVA), Analyst initiations, Juniper Networks (JNPR)
MOST NOTEWORTHY: Take-Two Interactive Software, Inc (TTWO), Sony Corp (SNE), Sun Microsystems, Inc (SUNW), PetSmart, Inc (PETM) and Constellation Energy Group, Inc (CEG) were today's more notable initiations:
- Prudential started Take-Two Interactive Software (NASDAQ: TTWO) with a Neutral rating and $25 target, citing valuation and limited impact from GTA IV for the rating.
- Prudential believes Sony Corp (NYSE: SNE) is well-positioned to benefit from digital media revolution in consumer electronics and that operating margins will continue to improve; Sony was initiated with an Overweight rating and $62 target.
- Cowen views Sun Microsystems' (NASDAQ: SUNW) valuation full and initiated shares with a Neutral rating.
- Pali Capital initiated PetSmart, Inc (NASDAQ: PETM) with a Buy rating and $37 target, room for price optimization as their recent checks suggest that consumers prefer PETM, regardless of price.
- Credit Suisse initiated shares of Constellation Energy Group (NYSE: CEG) with an Outperform rating and $94 target.
OTHER INITIATIONS:
- Stifel initiated several stocks in the network technology sector: Juniper Networks, Inc (NASDAQ: JNPR) was initiated with a Buy rating and $23 target, while Acme Packet, Inc (NASDAQ: APKT), Cisco Systems (NASDAQ: CSCO) and Polycom, Inc (NASDAQ: PLCM) were initiated with Hold ratings.
- First Albany initiated NutriSystem (NASDAQ: NTRI) with a Buy rating and $57 target.
- Piper Jaffray started OSI Pharmaceuticals, Inc (NASDAQ: OSIP) with an Outperform rating and $42 target.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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