Posts for Ticker ‘ESS’

Early Bird Analyst Downgrades (B, CCL, CTCM, DO, ESS, HAL, HMY, IP, ODFL, PKG)

These are some of the top pre-market analyst downgrades we have seen with more than two hours to the open this Monday morning:

  • Barnes Group (B) Cut to Neutral at Baird.
  • Carnival (CCL) Cut to Sell at S&P.
  • CTC Media (CTCM) Cut to Neutral at Goldman Sachs.
  • Diamond Offshore (DO) Cut to Neutral at Goldman Sachs.
  • Essex Property Trust (ESS) Cut to Sell at Goldman Sachs.
  • Halliburton (HAL) Cut to Neutral at Goldman Sachs.
  • Harmony Gold (HMY) Cut to Underperform at RBC.
  • International Paper (IP) Cut to Neutral at Goldman Sachs.
  • Old Dominion Freight Line (ODFL) Cut to Neutral at Baird.
  • Packaging Corp. (PKG) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
November 3, 2008

Posted on: November 3, 2008 – 7:32 am in Analyst Calls, , , , , , , , , ,

More Buyout Predictions

On CNBC’s Stop Trading segment today, Jim Cramer talked with Alexander Goldfarb from UBS about Archstone Smith (ASN) on a potential buyout.  An industry newsletter said that Tischman may be in talks to do a deal with Archstone.  He doesn’t know if there are talks right now, but he thinks it would make sense and the companies are atttractive.  Apartment Investment Trust (AIV) trades at a 15% discount to net asset value and that concerns are unwarranted.  Two of the other three that were noted as potential buys are Essex Property trust (ESS) and Equity Residential (EQR).

Cramer said that he thinks Cleveland Cliffs will be acquired imminently and that stock is up 8% today, and they noted call options activity.

Jon C. Ogg
May 25, 2007

Posted on: May 25, 2007 – 1:51 pm in Analyst Calls, Cramer, Mergers and Buy Outs, , , , ,