Posts for Ticker ‘CBEY’

Pre-Market Analyst Upgrades & Downgrades (ADSK, CVA, SFD, MMM, ATU, BLK, CBEY, ITW, RFMD, ROP, UPS)

These are some of the top pre-market analyst upgrades and downgrades we are seeing this Tuesday morning:

  • AutoDesk (ADSK) Started as Buy at KeyBanc.
  • Covanta (CVA) Started as Buy at Jefferies.
  • Smithfield Foods (SFD) Raised to Buy at Deutsche Bank.
  • 3M (MMM) Cut to Underweight at Barclays.
  • Actuant (ATU) Cut to Neutral at Baird.
  • BlackRock (BLK) Cut to Market Perform at Wachovia.
  • Cbeyond (CBEY) Cut to Underperform at Jefferies.
  • Illinois Tool Works (ITW) Cut to Underweight at Barclays.
  • RF Micro Devices (RFMD) Cut to Neutral at UBS.
  • Roper (ROP) Cut to Hold at Citigroup.
  • UPS (UPS) Cut to Neutral at JPMorgan.

Jon C. Ogg
December 9, 2008

Posted on: December 9, 2008 – 7:40 am in Analyst Calls, , , , , , , , , , ,

Early Bird Pre-Market Analyst Upgrades (ALB, AUXL, BIIB, CBEY, HAIN, HWD, LVS, SYMC, TEVA, TWTC, WBSN, WFMI)

These are some of the early bird analyst upgrades and positive calls we are seeing this Thursday morning with more than two hours to the open:

  • Auxilium Pharma (AUXL) Started as Outperform at Oppenheimer.
  • Biogen-Idec (BIIB) Started as Buy at Stanford Group.
  • CBeyond (CBEY) Started as Buy at SunTrust Robinson Humphrey.
  • Hain Celestial (HAIN) Started as Buy at Jefferies.
  • Harry Winston Diamond (HWD) Raised to Overweight at Thomas Weisel.
  • Las Vegas Sands (LVS) Raised to Hold at KeyBanc.
  • Symantec (SYMC) Started as Buy at B of A.
  • Teva Pharma (TEVA) Started as Outperform at Oppenheimer.
  • TW Telecom (TWTC) Started as Buy at SunTrust Robinson Humphrey.
  • Websense (WBSN) Started as Buy at B of A.
  • Whole Foods (WFMI) Started as Buy at Jefferies.

Jon C. Ogg
September 11, 2008

Posted on: September 11, 2008 – 6:23 am in Analyst Calls, , , , , , , , , , ,

Top Pre-Market Analyst Downgrades (BIIB, CBEY, EHTH, NT, OSK, PAET, RYAAY, SVNT)

These are some of the key analyst downgrades and negative analyst calls we have seen early this Monday morning with over 2 hours to open:

  • Biogen Idec (BIIB) Cut to Sell at Banc of America.
  • Cbeyond Communications (CBEY) Cut to Sell at Citigroup.
  • EHealth (EHTH) Cut to Market Perform at JMP Securities.
  • Nortel (NT) Cut to Hold at Jefferies.
  • Oshkosh (OSK) Cut to Neutral at Credit Suisse.
  • PAETEC (PAET) Cut to Market Perform at Wachovia; Cut to Sell at Citigroup..
  • Ryanair (RYAAY) Cut to Underperform at Credit Suisse.
  • Savient Pharma (SVNT) Cut to Hold at Jefferies.

Jon C. Ogg
August 4, 2008

Posted on: August 4, 2008 – 6:28 am in Analyst Calls, , , , , , , ,

The 52Week Low Club (CBEY)(BRLC)(BX)(DGX)(LTM)(AVR)

Aventine Renewable Energy (NYSE: AVR) Bad earnings and liquidity issues. Down to $6.79 from 52-week high of $20.85.

Life Time Fitness (NYSE: LTM) Bad outlook from 2008. Sells off to $30.40 from 52-week high of $65.09.

Quest Diagnostics (NYSE: DGX) Forecast is below Wall St. numbers. Falls to $46.44 from 52-week high of $58.63.

Blackstone (NYSE: BX) Environment getting worse for private equity. Drops to $15.25 from 52-week high of $38.

Syntax Brillian (NASDAQ: BRLC) Falls on problems with creditors. Down to $.83 from 52-week high of $9.04.

Cbeyond (NASDAQ: CBEY) Investors not happy with quarterly numbers. Sells down to $15.58 from 52-week high of $46.51.

Douglas A. McIntyre

Posted on: February 22, 2008 – 4:00 pm in HI/LOW, , , , , ,

Cbeyond (CBEY) Get Ready For Stock Price Arctic Winter

Cbeyond (NASDAQ: CBEY) shares were hit with the Hammer of Thor today, trading off 33% to $15.58. That compares to a 52-week high of $46.51.

The firm did post rough earnings. Revenue moved up 31% for the fourth quarter to $75.9 million, but operating income fell 27% to $2.9 million due to high expenses. Cbeyond sells integrated packages of voice, broadband, and mobile services to small businesses and its customer churn rate rose.

Cbeyond’s CEO said that "the deteriorating economic environment has increased the number of our existing customers who are unable to pay us." With credit conditions as tight as they are access to capital for small business is likely to be exceeding difficult.

Cbeyond expect 2008 to show only modest growth, at least compared to the past. Revenue is expected to be in the $355 million to $360 million up about 26% from 2007.

The company will need a really fine piece of good news to get back on track.

Douglas A. McIntyre

Posted on: February 22, 2008 – 10:04 am in HI/LOW,

Top 10 Pre-Market Analyst Calls (AXL, JCI, RATE, CBEY, DISCA, ETFC, FNM, KBR, RIMM, UAUA, VNR)

These are not the only impact analyst calls this morning, but these are the ones that 24/7 Wall St. is focusing on:

  • American Axle (AXL) & Johnson Controls (JCI) both downgraded to Equal Weight at Lehman.
  • Bankrate (RATE) raised to Buy at Merriman Curhan Ford.
  • Cbeyond (CBEY) raised to Outperform at Wachovia.
  • Discovery (DISCA) raised to Outperform at Wachovia.
  • E*Trade (ETFC) downgraded to Sell from Neutral at B of A.
  • Fannie Mae (FNM) estimates cut sharply at Goldman Sachs.
  • KBR (KBR) raised to Buy at UBS.
  • Research in Motion (RIMM) downgraded to Market Perform at Morgan Keegan.
  • UAL (UAUA) downgraded to Equal Weight at Lehman.
  • Vanguard Natural Resources (VNR) started as Buy at Jefferies.

Jon C. Ogg
December 3, 2007

Posted on: December 3, 2007 – 8:04 am in Analyst Calls, , , , , , , , , , ,

TOP 10 Pre-Market Analyst Calls (CBEY, DHT, GM, IACI, LVLT, NOV, ONXX, PDCO, TWTC, TIVO)

These are not the only analyst calls that are impacting key shares today, but these are the top ten that 24/7 Wall St. is looking at as impact events on their own:

Cbeyond Communications (CBEY) started as By at Citigroup.
Double Hull Tankers (DHT) raised to Buy at UBS.
General Motors (GM) raised to Peer Perform at Bear Stearns.
IAC/Interactive (IACI) raised to Buy at Piper Jaffray.
Level 3 (LVLT) started as Hold at Citigroup.
National Oilwell Varco (NOV) raised to Buy at Citigroup.
Onyx Pharmaceuticals (ONXX) started as Neutral at Goldman Sachs.
Patterson Co’s (PDCO) raised to Overweight at Lehman.
Time Warner Telecom (TWTC) started as Buy at Citigroup.
TiVo (TIVO) raised to Overweight from underweight at JPMorgan.

Jon C. Ogg
November 29, 2007

Posted on: November 29, 2007 – 8:04 am in Uncategorized, , , , , , , , , ,