Analyst Upgrades

• Oppenheimer upgraded Genoptix (NASDAQ: GXDX) to Outperform from Perform and raised its target to $44 from $33 based on analysis of oncology testing reimbursement that indicates average revenue per case is within industry norms.
• Deutsche Bank upgraded Legg Mason (NYSE: LM) to Hold from Sell citing reports that an activist investor, Nelson Peltz, has increased its stake in the company. The firm said fundamentals remain weak but the news will likely push shares higher.
• Suntrust upgraded VCA Antech (NASDAQ: WOOF) to Buy from Neutral citing reduced headwinds and favorable risk/reward. The firm has a $30 target on shares.
• SLM Corp. (NYSE: SLM) was upgraded to Overweight from Neutral at JPMorgan.
• Diamond Offshore (NYSE: DO) and FMC Technologies (NYSE: FMC) were upgraded to Neutral from Sell at Goldman.

Continue reading Analyst upgrades, downgrades and initiations: AA, GLW, HAL, NKE, SLM ...

Analyst upgrades, downgrades and initiations: AA, GLW, HAL, NKE, SLM ... originally appeared on BloggingStocks on Thu, 25 Jun 2009 11:20:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• UBS upgraded Dollar Tree (NASDAQ: DLTR) to Buy from Neutral but lowered its target to $42 from $45 following the solid Q4 report. The firm expects Dollar Tree's cost containment to continue. JP Morgan upgraded shares to Overweight from Neutral on valuation as it believes the recent pullback is overdone and the company set achievable FY09 guidance. The firm has a $43 target on the stock.
  
• JP Morgan also upgraded Smithfield Foods (NYSE: SFD) to Overweight from Neutral on valuation as they find the stock oversold at current levels.
  
• KeyBanc upgraded Nordson (NASDAQ: NDSN) to Hold from Underweight based on valuation, strong balance sheet and cost reductions, and a solid track record of execution.
• Philips Electronics (NYSE: PHG) was upgraded to Neutral from Underweight at HSBC.
  
• Aeropostale (NYSE: ARO) was raised to Equal Weight from Underweight at Barclays.
  
• Carter's (NYSE: CRI) was upgraded at Goldman to Neutral from Sell.

Continue reading Analyst upgrades, downgrades and initiations: DLTR, KWK, IRE, AAUK, JNJ ...

Analyst upgrades, downgrades and initiations: DLTR, KWK, IRE, AAUK, JNJ ... originally appeared on BloggingStocks on Thu, 26 Feb 2009 11:15:00 EST. Please see our terms for use of feeds.

• UBS upgraded STMicroelectronics (NYSE: STM) to Neutral from Sell and Advanced Semiconductor (NYSE: ASX) to Buy from Neutral as it is seeing early signs of stabilization in the semiconductor industry.
  
• Jefferies upgraded VCA Antech (NASDAQ: WOOF) to Hold from Underperform as it does not see significant downside in the stock given the low expectations. It raised its target price to $22 from $15.
  
• Baird upgraded Sigma Designs (NASDAQ: SIGM) to Outperform from Neutral and raised its target to $16 from $9 as it expects revenue growth to resume in 2009 driven by IPTV end-demand.
• Goldman removed Dell (NASDAQ: DELL) from the Conviction Sell List.
  
• Portfolio Recovery (NASDAQ: PRAA) was raised to Market Perform from Underperform at Keefe Bruyette.
  
• Post Properties (NYSE: PPS) was upgraded at Deutsche Bank to Hold from Sell.

Continue reading Analyst upgrades, downgrades and initiations: DELL, JAVA, POT, PALM ...

Analyst upgrades, downgrades and initiations: DELL, JAVA, POT, PALM ... originally appeared on BloggingStocks on Fri, 13 Feb 2009 11:00:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• Piper upgraded Intel (NASDAQ: INTC) to Buy from Neutral to reflect the company's strong competitive position and low valuation. The firm does not expect Intel to miss Q3 estimates.
  
• Goldman upgraded shares of Deutsche Telecom (NYSE: DT) to Buy from Neutral and added the stock to the Conviction Buy List as they believe the dividend is well covered.
  
• Wachovia upgraded Landstar System (NASDAQ: LSTR) to Outperform from Market Perform on valuation and potential near-term catalysts from hurricane-related activities.
• Abercrombie & Fitch (NYSE: ANF) was raised to Outperform from Market Perform at Friedman Billings.
  
• Research in Motion (NASDAQ: RIMM) was upgraded at JMP Securities to Outperform from Market Perform.
  
• Baird lifted Wells Fargo (NYSE: WFC) to Neutral from Underperform.

• Jefferies downgraded VCA Antech (NASDAQ: WOOF) to Underperform from Buy as they believe reduced consumer spending and rising unemployment levels will hurt the company's hospital and lab volumes in FY09. The company's target was lowered to $25 from $35.
  
• Oppenheimer downgraded shares of Total System (NYSE: TSS) to Perform from Outperform to reflect the challenging macro environment and the customer portfolio risk from bank consolidation.

Continue reading Analyst calls: INTC, DT, ANF, RIMM, WFC, FITB, TDW, ROK ...

Analyst calls: INTC, DT, ANF, RIMM, WFC, FITB, TDW, ROK ... originally appeared on BloggingStocks on Tue, 30 Sep 2008 11:15:00 EST. Please see our terms for use of feeds.

Standard Pacific (NYSE: SPF) is up 22% on better-than-expected earnings.

Illumina (NASDAQ: ILMN) is trading higher by 8% on improved guidance.

SiRF Technology (NASDAQ: SIRF) is off 42% on disappointing earnings.

VCA Antech (NASDAQ: WOOF) is down 22% on a weak earnings forecast.

Stocks may trade differently in the pre-market than they do in the regular session.

Douglas A. McIntyre is an editor at 247wallst.com.

Pre-market movers: SIRF, SPF, ILMN ... originally appeared on BloggingStocks on Tue, 05 Feb 2008 08:24:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Baird upgraded shares of Strattec Security Corp (NASDAQ: STRT) to Neutral from Underperform following its Q3 report.

• Shares of Palm, Inc (NASDAQ: PALM) were raised to Equal Weight from Underweight at Lehman Bros.

• Banc of America upgraded Netflix Inc (NASDAQ: NFLX) to Neutral from Sell based on valuation.

• J.C. Penney Co Inc (NYSE: JCP) was raised to Strong Buy from Accumulate with a $105 target at Buckingham, citing strategic merchandise, flow and cycle-timing initiatives.

• Wachovia believes that as the lodging cycle matures, Marriott International's (NYSE: MAR) diversified fee-based, unit-driven model will outperform relative to pure hotel-owned companies, and upgraded shares to Outperform from Market Perform.

• Goldman Sachs upgraded CNOOC Ltd (NYSE: CEO) to Buy from Neutral.

• JMP Securities raised Packeteer, Inc's (NASDAQ: PKTR) rating to Market Perform from Underperform.

• Oppenheimer upgraded Playtex Products, Inc (NYSE: PYX) to Buy from Neutral on its acquisition of Tiki Hut, strong fundamentals and realistic investor expectations.

• JP Morgan upgraded shares of American Standard Cos Inc (NYSE: ASD) to Overweight from Neutral.

• Matrix USA raised the rating of Hecla Mining Co (NYSE: HL) to Hold from Sell.

• Shares of VCA Antech, Inc (NASDAQ: WOOF) were upgraded to Outperform from Market Perform at Morgan Keegan.

Analyst upgrades 4-20-07: JCP, MAR, NFLX and PALM all upgraded today originally appeared on BloggingStocks on Fri, 20 Apr 2007 11:22:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Morgan Stanley upgraded shares of Kraft Foods Inc (NYSE: KFT) to Equal Weight from Underweight on valuation. UBS upgraded shares to Buy from Neutral on expectations the company may benefit from a purchase of Cadbury Schweppes' (CSG) confectionary unit; UBS believes Kraft could purchase Cadbury's confectionery unit for $20.8B and still see 7% accretion in 2008.
• Elsewhere, Goldman Sachs upgraded Healthways Inc (NASDAQ: HWAY) to Neutral from Sell on valuation.
• Bernstein raised PepsiCo's (NYSE: PEP) rating to Outperform from Market Perform with a $77 target, expecting the soft-drink maker to outperform rival Coca-Cola (KO) by more than 10% over the next year.
• Citigroup upgraded Lam Research Corp (NASDAQ: LRCX) to Hold from Sell to reflect a more bullish 2-3 year memory capex view and the firm believes customers of Samsung/Hynix continue to have an upward bias.

• Vodafone PLC (NYSE: VOD) was upgraded to Buy from Hold at Deutsche Bank on valuation.
• JP Morgan upgraded shares of Intersil Corp (NASDAQ: ISIL) to Overweight from Neutral.
• Dreamworks Animation SKG, Inc (NYSE: DWA) was upgraded to Buy from Neutral at Pali Capital.
• Sappi Ltd (NYSE: SPP) was raised to Buy from Sell at Merrill Lynch.
• JP Morgan added VCA Antech, Inc (NASDAQ: WOOF) to its Focus List with a $46 target, citing the company's near-term growth prospects.

Analyst upgrades 4-12-07: DWA, KFT, PEP & VOD upgraded today originally appeared on BloggingStocks on Thu, 12 Apr 2007 11:11:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Goldman reinstated Pfizer Inc (NYSE: PFE) with a Buy rating and $30 target; they are positive on Pfizer's valuation, low binary risk, high dividend yield and potential new initiatives.

• UBS started Flextronics Int'l (NASDAQ: FLEX) with a Buy rating and $14 target; the firm said Flextronics's RoIC expansion potential is under appreciated by the Street.

• JP Morgan initiated VCA Antech (NASDAQ: WOOF) with an Overweight rating; the firm said pet demographic trends are positive and that upside potential will come from its strong acquisition pipeline.

• Bank of America initiated aQuantive Inc (NASDAQ: AQNT) with a Neutral rating and $25 target on valuation.

• Nollenberger started four video game companies: Activision Inc (NASDAQ: ATVI), Electronic Arts (NASDAQ: ERTS) and THQ Inc. (NASDAQ: THQI) with Buy ratings and Take-Two Interactive Software (NASDAQ: TTWO) with a Neutral rating.

Analyst initiations 1-5-07: Pfizer started with a buy originally appeared on BloggingStocks on Fri, 05 Jan 2007 12:10:00 EST. Please see our terms for use of feeds.