Archive for the 'Analyst upgrades and downgrades' 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…
Early analyst calls (LVLT) (TXN)
Goldman Sachs cut WellPoint (NYSE:WLP) from “buy” to “neutral” according to MarketWatch.
Thomas Weisel downgraded Level 3 (NASDAQ:LVLT) to “underweight” from “market weight”, according to Briefing.com. The news service plus reported that Piper Jaffray downgraded Texas Instruments (NYSE:TXN) from…
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 …
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: LLNW, DBD and CTHR
MOST NOTEWORTHY: Limelight Networks, Diebold and Charles & Colvard were today’s noteworthy upgrades:
Jefferies upgraded shares of Limelight Networks (NASDAQ: LLNW) to Hold from Underperform on valuation and believes it impossible to know what will happen to the company from here. On the…
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…
Ambac (ABK) cuts dividend
Ambac Financial Group (NYSE: ABK) may have kept its Moody’s “Aaa” rating, but its shareholders paid a big price. The muni-bond insurer cut its dividend from $.07 to $.01. According to a release from the company it will plus be “suspending structured finance writings for six months is expecte…
Analyst downgrades: NVS, AIG, DEO and BEAS
MOST NOTEWORTHY: Novartis, AIG, Diageo, and BEA Systems were today’s noteworthy downgrades:
HSBC downgraded Novartis (NYSE: NVS) to Underweight from Neutral, as they believe the company’s mid-single digit pharma sales growth is not sustainable.
AIG (NYSE: AIG) was downgraded to Market Perform…
Analyst upgrades: PFE, DELL DGX and SCGLY
MOST NOTEWORTHY: Pfizer, Dell, Quest Diagnostics, and Societe Generale were today’s noteworthy upgrades:
Lehman upgraded Pfizer (NYSE: PFE) to Equal Weight from Underweight on valuation.
Friedman Billings raised Dell (NASDAQ: DELL) to Outperform from Market Perform, citing expectations for…
Analyst downgrades: RFMD, WDC and BYD
MOST NOTEWORTHY: RF Micro Devices, Western Digital and Boyd Gaming were today’s noteworthy downgrades:
Jefferies downgraded shares of RF Micro Devices (NASDAQ: RFMD) to Hold from Buy to reflect the continued softness in the China Market after Asian channel checks suggested the March quarter …
Analyst upgrades: Restaurant sector, BBI and PLXS
MOST NOTEWORTHY: The Restaurant Sector, Blockbuster and Plexus were today’s noteworthy upgrades:
Bear Stearns upgraded the Restaurant Sector to Market Weight from Underweight citing better investor sentiment following Fed rate cuts and the profitable stimulus plan; upgraded shares include Br…
