trizetto posts
FeedPosted Apr 14th 2008 12:04PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, General Electric (GE)
MOST NOTEWORTHY: First Financial, TriZetto and General Electric were today's noteworthy downgrades:
- Keefe Bruyette downgraded shares of First Financial (NASDAQ: FFBC) to Underperform from Market Perform on valuation, as they believe the stock trades at a premium to the group despite limited upside to normalized earnings and near term revenue headwinds.
- TriZetto (NASDAQ:TZIX) was cut at Jefferies to Hold from Buy based on Friday's go-private announcement, as they view the $22 deal price as fair.
- General Electric (NYSE: GE) was downgraded to Peer Perform from Outperform at Bear Stearns and to Perform from Outperform at Oppenheimer following the company's earnings miss and reduced guidance.
OTHER DOWNGRADES:
- Deustche Bank downgraded SPX Corp (NYSE: SPW) to Hold from Buy.
- Morgan Stanley cut British Airways (OTC:BAIRY) to Underweight from Equal Weight.
- Cymer (NASDAQ: CYMI) was lowered at Credit Suisse to Underperform from Neutral.
Posted Aug 22nd 2007 10:50AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst reports, Federal Natl Mtge (FNM), Analyst initiations, Stocks to Buy, Stocks to Sell
MOST NOTEWORTHY: Riverbed Technology (RVBD), Silicon Storage (SSTI), Regal Entertainment (RGC), Fannie Mae (FNM) and Freddy Mac (FRE) were today's more noteworthy initiations:
- CIBC initiated shares of Riverbed Technology (NASDAQ: RVBD) with a Sector Performer rating, citing valuation. The firm believes the mobile opportunity is a wild card, and cites increased Cisco Systems (CSCO) risk.
- Silicon Storage (NASDAQ: SSTI) as announced several new products in late 2006 and 1H07 with shipments expected to start in 2H07 along with significant revenues in 2008; Barrington initiated shares with a Market Perform rating.
- Ferris Baker Watts initiated Regal Entertainment (NYSE: RGC) with a Neutral rating, seeing annual top-line growth only in the low- to mid-single digits.
- Fox-Pitt Kelton believes both Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are finally set to emerge from restatement issues with new accounting procedures and operating systems in place, initiating both companies with an Outperform rating...
OTHER INITIATIONS:
- Needham initiated Tennant (NYSE: TNC) with a Buy rating.
- CIBC started Centene (NYSE: CNC) with a Sector Performer rating.
- Deutsche initiated Thomson (NYSE: TOC) with a Buy rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Jun 19th 2007 11:31AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Time Warner (TWX), Walt Disney (DIS), Viacom (VIA), News Corp'B' (NWS), Analyst initiations
MOST NOTEWORTHY: Atheros Communications (ATHR), Analog Devices (ADI), Omniture (OMTR) and TriZetto Group (TZIX) were today's noteworthy initiations:
- Oppenheimer expects a seasonally stronger 2H07 out of Atheros Communications (NASDAQ: ATHR) given continued growth from 802.11n design wins and started shares with a Buy rating.
- AG Edwards believes Analog Devices (NYSE: ADI) has plenty of room to gain additional market share and started shares with a Buy rating.
- Jefferies believes Omniture (NASDAQ: OMTR) is positioned to benefit from the rapid growth of Web analytics, but has near-term valuation concerns, and started shares with a Hold rating.
- Deutsche Bank started TriZetto (NASDAQ: TZIX) with a Buy rating, citing the company's diversified product mix and opportunities to drive adoption rate of consumer-driven health plans for their Buy rating...
OTHER INITIATIONS:
- The Banc of America assumed the entertainment sector with a Market Weight rating and assumed coverage of Time Warner (NYSE: TWX) and News Corp (NYSE: NWS.A) with Buy ratings and a $25 target and $26 target, respectively, as well as The Walt Disney Co (NYSE: DIS) and Viacom (NYSE: VIA.B) with Neutral ratings and a $37 target and $43 target, respectively.
- JP Morgan started Big Lots (NYSE: BIG) with a Neutral rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).