skh posts
FeedPosted Jun 12th 2009 11:20AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Analyst initiations
Analyst upgrades:
- Deutsche Bank upgraded Spartech (NYSE: SEH) to Buy from Hold as it sees further upside following the company's "strong" Q2 results. The firm raised its target on shares to $10 from $2.50.
- Oppenheimer upgraded Clorox (NYSE: CLX) to Outperform from Underperform. The firm believes the company's FY10 outlook is conservative, providing room for upside, and that the valuation is compelling at current levels. Opco set a $70 price target on the stock.
- Goldman upgraded Steel Dynamics (NASDAQ: STLD) to Buy from Neutral and raised its target to $20 from $16, citing reduced balance sheet concerns following the capital raise. Note that AK Steel (NYSE: AKS) was downgraded to Neutral from Buy.
- PG&E (NYSE: PCG) was upgraded to Buy from Hold at Citigroup.
- Pool Corp. (NASDAQ: POOL) was upgraded to Outperform from Market Perform at William Blair.
- Liberty Property Trust (NYSE: LRY) was upgraded to Outperform from Market Perform at Wachovia.
Continue reading Analyst upgrades, downgrades and initiations: CLX, ED, JBHT, HMC, PCG ...
Posted Mar 18th 2008 12:30PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Amazon.com (AMZN), Altria Group (MO), Novell Inc (NOVL), Intuit Inc (INTU), Analyst initiations
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MOST NOTEWORTHY: Amazon.com, Altria Group and Skilled Healthcare were today's noteworthy initiations:
- Canaccord Adams expects Amazon.com (NASDAQ: AMZN) growth to be driven by its expanding international reach, mix shift to third-party revenue, product innovation, and category expansion. The firm initiated shares with a Buy rating and $78 target.
- UBS is positive on Altria's (NYSE: MO) growth, low likelihood of downward EPS revisions, and best-in-class cash flow distribution; shares were started with a Buy rating.
- Skilled Healthcare (NYSE: SKH) was initiated with an Outperform rating at Morgan Keegan, as they believe nursing home reimbursement risk is already reflected in its valuation.
OTHER INITIATIONS:
- KeyBank assumed Callaway Golf (NYSE: ELY) with a Buy rating and $19 target.
- Credit Suisse initiated Intuit (NASDAQ: INTU) with an Outperform rating and $35 target.
- Broadpoint initiated Novell (NASDAQ: NOVL) with a Buy rating.
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