psec posts
FeedPosted Aug 4th 2009 11:20AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Analyst initiations
Analyst upgrades:
- FBR Capital upgraded Talbots (NYSE: TLB) to Outperform from Market Perform as it believes the company's inventory and SG&A control should help earnings and the stock's risk/reward is compelling at current levels. The firm raised its target on shares to $7 from $5.
- ThinkEquity upgraded Human Genome (NASDAQ: HGSI) to Buy from Accumulate to reflect higher assumptions for the company's Lupus treatment Benlysta. The firm raised its target on shares to $26 from $18.
- KeyBanc upgraded Parkway Properties (NYSE: PKY) to Buy from Hold based on valuation, improving fundamentals, and stable capital position. The firm has a $17 target on the stock.
- HSBC Holdings (NYSE: HBC) was upgraded to Overweight from Neutral at JPMorgan.
- BioScrip (NASDAQ: BIOS) was upgraded to Overweight from Neutral at Piper Jaffray.
- DISH Network (NASDAQ: DISH) was upgraded to Outperform from Neutral at Credit Suisse.
Continue reading Analyst upgrades, downgrades and initiations: BIOS, DISH, FTE, HBC, MDSO, TLB ...
Posted Jun 9th 2008 1:15PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst initiations
MOST NOTEWORTHY: Lincoln Electric, Prospect Capital and GMX Resources were today's noteworthy initiations:
- Piper believes Lincoln Electric (NASDAQ: LECO) is positioned to capitalize on global infrastructure spending as a leading manufacturer of welding/metal fabrication equipment and materials. Shares were initiated with a Buy rating and $100 target.
- Wachovia said Prospect Capital (NASDAQ: PSEC) has good visibility on portfolio growth and sees significant value in the potential sale of the company Gas Solutions business. The firm assumed shares with an Outperform rating.
- Collins Stewart initiated GMX Resources (NASDAQ: GMXR) with a Buy rating and $67 target. The firm believes the company's drilling program will continue to drive both strong production and proved reserves growth.
OTHER INITIATIONS:
- Louisiana Pacific (NYSE: LPX) was initiated at RBC Capital with an Underperform rating and $10 target.
- The firm also started Mercer International (NASDAQ: MERC) with an Outperform rating and $11 target.
- Keefe Bruyette initiated SWS Group (NYSE: SWS) with a Market Perform rating.