Posts for Ticker ‘AAP’

Holiday Retail Sales To Be Battered

bearRetail sales dropped 3% or more during the 2008 holiday period. Same-store sales at a number of large chains were down much more than that. The trend was so bad that thousand of store locations where closed early in 2009 and tens of thousand of people in the industry lost their jobs.

The 2010 holiday sales season may be nearly as bad as last year’s. The National Retail Federation expects a hard winter. Read More »

Top Analyst Downgrades (AAP, AMZN, AZO, BDK, LAZ, MS, TXN)

These are some of the top pre-market analyst downgrades and negative research calls we have seen from Wall Street early this Thursday morning with about two hours until the market opens:

Advance Auto Parts (AAP) Cut to Hold at Citigroup.
Amazon.com (AMZN) Cut to Equal Weight at Barclays.
AutoZone (AZO) Cut to Hold at Citigroup.
Black & Decker (BDK) Cut to Underperform at Credit Suisse.
Lazard (LAZ) Cut to Neutral at Credit Suisse.
Morgan Stanley (MS) Cut to Neutral at Credit Suisse.
Texas Instruments (TXN) Started as Sell at Auriga.

JON C. OGG

Top Analyst Upgrades (AAP, AZO, ED, CRH, DHR, LLY, INTC, LEAP, ORLY, SEIC)

money-stack-image42These are te upgrades and positive research calls that we have seen from Wall Street this Wednesday morning:

  • Advance Auto Parts (AAP) Started as Outperform at Baird.
  • AutoZone (AZO) Started as Outperform at Baird.
  • Con Edison (ED) Raised to Buy at Jefferies.
  • CRH plc (CRH) Raised to Buy at Goldman Sachs.
  • Danaher (DHR) Raised to Outperform at William Blair.
  • Eli Lilly (LLY) Raised to Buy at Citigroup.
  • Intel (INTC) Raised to Buy at Needham.
  • Leap Wireless (LEAP) Raised to Overweight at Thomas Weisel.
  • O’Reilly Automotive (ORLY) Started as Outperform at Baird.
  • SEI Investments (SEIC) Raised to Outperform at KBW.

JON C. OGG

Top Pre-Market Analyst Upgrades (ATVI, AAP, BBY, DTSI, HSY, LOW, M, NEU)

Money_stack_picThese are some of the top pre-market analyst upgrades we have seen early this Thursday morning with more than two hours until the market opens:

  • Activision Blizzard (ATVI) Started as Outperform at FBR.
  • Advance Auto Parts (AAP) Raised to Overweight at JPMorgan.
  • Best Buy (BBY) Raised to Buy at Deutsche Bank.
  • Digital Theater Systems (DTSI) Raised to Neutral at JPMorgan.
  • Hershey (HSY) Raised to Buy at Citigroup.
  • Lowe’s (LOW) Raised to Buy at Deutsche Bank.
  • Macy’s (M) Raised to Buy at Deutsche Bank.
  • NewMarket (NEU) Raised to Buy at KeyBanc.

Jon C. Ogg
January 22, 2009

Early-Bird Analyst Downgrades (AAP, ALNY, COMV, DISH, DPS, HAS, NATI, NVTL, STEL)

These are some of the early analyst downgrades or negative calls we are seeing this Wednesday in early pre-market hours:

  • Advance Auto Parts (AAP) Cut to Neutral at JPMorgan.
  • Alnylam Pharma (ALNY) Started as Underperform at Leerink Swann.
  • Comverge (COMV) Cut to Neutral at Broadpoint Capital.
  • DISH Network (DISH) Cut to Market Perform at Bernstein.
  • Dr. Pepper Snapple (DPS) Cut to Neutral at UBS.
  • Hasbro (HAS) Cut to Underperform at BMO Capital.
  • National Instruments (NATI) Cut to Neutral at Credit Suisse.
  • Novatel Wireless (NVTL) Cut to Sell at Piper Jaffray.
  • StellarOne (STEL) Cut to Underperform at Baird.

JON C. OGG
August 20, 2008

Pre-Market Analyst Calls (June 5, 2007)

AAP raised to Neutral at JPMorgan.
ALDN cut to Mkt Perform at FBR.
ALY started as Outperform at Wachovia.
BEBE cut to Mkt Perform at FBR.
BEN cut to Underweight at JPMorgan.
BHP raised to Buy at Citigroup.
CPO started as Buy at BB&T.
CRZO started as Buy at Sun Trust Robinson Humphrey.
FIF raised to Outperform at Piper Jaffray.
HAS cut to Underweight at JPMorgan.
JNPR cut to Neutral at UBS.
OCNF started as Buy at Cantor Fitzgerald.
OHI started as Neutral at UBS.
OPWV cut to Underweight at JPMorgan; cut to Underperform at CIBC.
ORBC started as Mkt Perform at Piper Jaffray.
REG started as Neutral at Baird.
SFLY started as Strong Buy at JMP Securities.
SWIR raised to Outperform at CIBC.
SLR raised to Neutral at Credit Suisse.
TELK cut to Mkt Perform at Wachovia.
TRMP cut to Underperform at Bear Stearns.
WRI started as Outperform at Baird.
XEC cut to Neutral at UBS.

Jon C. Ogg
June 5, 2007