Archive for the 'Analyst Reports' Category
Analyst downgrades: LVLT, TXN, BG, WLP, KERX and CTXS
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MOST NOTEWORTHY: The Managed Care sector, Keryx Biopharma and Citrix Systems were today’s noteworthy downgrades:
Goldman downgraded the Managed Care sector to Neutral from appealing following WellPoint’s (NYSE: WLP) reduced 2008 outlook. The firm said WellPoint’s issues reflect a company spe…
Garmin (GRMN) falls on recession warnings
Garmin Ltd. (NASDAQ: GRMN) stock is falling after JP Morgan cut its 2008 U.S. GDP growth estimate, S&P 500 target and earnings for S&P 500 companies, after the firm’s chief economist said he believes a recession began in January. Though GRMN is not a member of the S&P 500, that is a …
Analyst downgrades: TMA, KERX, ARO and WMT
MOST NOTEWORTHY: Thornburg Mortgage, Keryx Biopharma and Aeropostale were today’s noteworthy downgrades:
Jefferies downgraded shares of Thornburg Mortgage (NYSE: TMA) to Underperform from Hold after the company said it is unable to meet margin calls despite asset sales and will restate 2007 …
Analyst upgrades: JWN, JCP, ZQK, OMTR and CCK
MOST NOTEWORTHY: Quiksilver, Omniture and Crown Holdings were today’s noteworthy upgrades:
B. Riley upgraded shares of Quiksilver (NYSE: ZQK) to Buy from Neutral on valuation and to reflect the EPS catalyst and debt reduction associated with divesting Rossignol.
Friedman Billings upgraded …
Gasoline prices: high and going higher
The price of gas now averages $3.20 and may move up another $.20 to $.30 in the next month.
According to Reuters “The national average for self-serve regular unleaded gas was nearly $3.20 a gallon on March 7, up about 9.44 cents per gallon in the past two weeks, according to the nationwide Lundbe…
Baidu.com (BIDU) gets positive press from Barron’s
Baidu.com, Inc. (NASDAQ: BIDU) shares are rising after an composition in Barron’s(subscription required) published Thursday evening predicted the Chinese World Wide Web sector would be fairly profitable in 2008. A positive outlook from the respected publication often gives any stock a boost. whe…
There will be blood — in my portfolio …
Well, all I can say is that nowadays has been one of the worst days of my portfolio’s life. I’m not concerned about my core holdings — Disney (NYSE: DIS), Coca-Cola (NYSE: KO), General Electric (NYSE: GE), stuff like that — but, boy oh boy, are my financial positions taking some major hits!
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Analyst initiations: IPCM, FCE.A and SINA
MOST NOTEWORTHY: IPC The Hospitalist Co, Forest City Enterprises and SINA Corp were today’s noteworthy initiations:
Jefferies believes IPC The Hospitalist Co (NASDAQ: IPCM) is well-positioned to grow rapidly in the next several years, as it takes advantage of many biological and acquisition-…
Analyst downgrades: ANH, MFA, NWSAF and SKS
MOST NOTEWORTHY: Anworth Mortgage, MFA Mortgage, New Star Asset Management and Saks were today’s noteworthy downgrades:
Keefe Bruyette downgraded Anworth Mortgage (NYSE: ANH) and MFA Mortgage (NYSE: MFA) to Market Perform from Outperform to reflect lower book value estimates based on the wid…
Analyst upgrades: FLR, FWRD and MDR
MOST NOTEWORTHY: Fluor, Forward Air and McDermott were today’s noteworthy upgrades:
Citigroup upgraded shares of Fluor (NYSE: FLR) to Buy from Hold to reflect the company’s strong performance and backlog in Q4 and raised their target to $190.50 from $158.
Baird upgraded Forward Air (NASDAQ…
Analyst initiations: NVDA, ENTR and CLF
MOST NOTEWORTHY: Nvidia, Entropic Comm and Cleveland Cliffs were today’s noteworthy initiations:
Piper initiated Nvidia (NASDAQ: NVDA) with a Neutral rating and $23 target and believes the rate at which the company gained market share by the past two years is unsustainable. The firm expects …
Analyst downgrades: F, TRAK and OCR
MOST NOTEWORTHY: Ford, DealerTrack and Omnicare were today’s noteworthy downgrades:
Citigroup downgraded shares of Ford (NYSE: F) to Sell from Hold, as they see a number of rising headwinds in the company’s turnaround, including a low likelihood of Ford’s relatively older product lineup hold…
Analyst upgrades: NOC, GDNNY and MELI
MOST NOTEWORTHY: Northrop Grumman, Groupe Danone and MercadoLibre were today’s noteworthy upgrades:
Oppenheimer upgraded shares of Northrop Grumman (NYSE: NOC) to Outperform from Perform after the Pentagon selected the company by Boeing (NYSE: BA) for the newly designated KC-45A Aerial Refue…
Early analysts calls (S) (NOC) (F)
Oppenheimer has upgraded Northrop Grumman (NYSE:NOC) from “peer perform” to “outperform” setting a price target of $95 according to Briefing.com. The news service additionally writes that Citigroup has downgraded Ford (NYSE:F) to “sell” from “hold”.
Banc of America Securities has cut Sprint Nexte…
