Posts for Ticker ‘FTI’

Goldman Sachs Mixes Calls in Oil and Utilities (RIG, PTEN, HAL, OIS, NBR, DO, FTI, WR, NRG, NVE)

Oil Well ImageGoldman Sachs has made several key upgrades and downgrades this morning in the utility sector and in the oil patch.  While the utility sector was raised to attractive, some of the other calls seem more mixed on the surface in the oil patch.

Transocean (NYSE: RIG) was one of the few real upgrades as shares were raised to Buy from Neutral.  Patterson-UTI (NASDAQ: PTEN) and Halliburton (NYSE: HAL) were cut to Neutral, while Oil States International (NYSE: OIS) was cut to Sell.  Nabors Industries (NYSE: NBR) was cut to Sell from Neutral.  Diamond Offshore (NYSE: DO) and FMC Technologies (NYSE: FTI) were both upgraded, but only to Neutral from Sell.

Westar Energy (NYSE: WR) and NRG Energy (NYSE: NRG) were both raised to Buy, while NV Energy (NYSE: NVE) was cut to Neutral.

Jon C. Ogg
June 25, 2009

Posted on: June 25, 2009 – 7:22 am in Analyst Calls, Oil & Gas, Utilities, , , , , , , , , ,

Top Analyst Upgrades (FINL, FTI, FL, BEN, GS, KEY, NDAQ, NOK, NRG, VIP)

These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street firms early this Thursday morning with more than two hours until the market opens:

Finish Line (FINL) Started as Outperform at Oppenheimer.
FMC Technologies (FTI) Raised to Outperform at FBR.
Foot Locker (FL)  Started as Outperform at Oppenheimer.
Franklin Resources (BEN) Started as Buy at Deutsche Bank.
Goldman Sachs (GS) Raised to Outperform at Bernstein.
KeyCorp (KEY) Raised to TopPick at RBC.
NASDAQ (NDAQ) Started as Buy at Deutsche Bank.
Nokia (NOK) Started as Outperform at Baird.
NRG Energy (NRG) Raised to Buy at Jefferies.
Vimpel Communications (VIP) Raised to Overweight at Morgan Stanley.

JON C. OGG

Posted on: June 4, 2009 – 6:18 am in Analyst Calls, , , , , , , , , ,

Top Pre-Market Analyst Downgrades (AXP, AXYS, BJ, CAVM, ERTS, ERIC, FLIR, FTI, GE, HTLD, KNX, NKE, SINA)

These are the top downgrades or negative calls we have seen this Wednesday morning from Wall Street analysts:

  • American Express (AXP) Started as Sell at Banc of America; Started as Sell at Citigroup.
  • Axsys Technologies (AXYS) Cut to Underweight at JPMorgan.
  • BJ’s Wholesale (BJ) Cut to Neutral at JPMorgan.
  • Cavium Networks (CAVM) Cut to Market Weight at Thomas Weisel.
  • Electronic Arts (ERTS) was downgraded at Citigroup, Banc of America, and piper Jaffray.
  • Ericsson (ERIC) Cut to Hold at Citigroup.
  • FLIR Systems (FLIR) Cut to Neutral at JPMorgan.
  • FMC Tech (FTI) Cut to Sell at UBS.
  • General Electric (GE) Cut to Neutral at UBS.
  • Heartlan Express (HTLD) Cut to Sell at UBS.
  • Knight Transportation (KNX) Cut to Sell at UBS.
  • Nike (NKE) Cut to Neutral at Banc of America.
  • Sina (SINA) Cut to Hold at Citigroup.

Jon C. Ogg
December 10, 2008

Posted on: December 10, 2008 – 8:10 am in Analyst Calls, , , , , , , , , , , , ,

Top Pre-Market Analyst Upgrades & Downgrades (CIM, CCE, KMB, KSS, WFC, AMAT, FTI, SSYS)

It is looking pretty light so far from analyst coverage this Monday morning.  Here are some of the top individual stock calls we have seen this morning from Wall Street analysts:

  • Chimera Investment (NYSE: CIM) Raised to Outperform at KBW.
  • Coca-Cola Enterprises (NYSE: CCE) Raised to Overweight at JPMorgan.
  • Kimberly-Clark (NYSE: KMB) Started as Buy at Citigroup.
  • Kohl’s (NYSE: KSS) Raised to Market Weight at Thomas Weisel.
  • Wells Fargo (NYSE: WFC) Raised to Outperform at Credit Suisse.
  • Applied Materials (NASDAQ: AMAT) Cut to Perform at Oppenheimer.
  • FMC Technologies (NYSE: FTI) Cut to Underweight at JPMorgan.
  • Stratasys (NASDAQ: SSYS) Cut to Market Perform at William Blair.

Here was a sector downgrade this morning from Deutsche Bank on the solar stocks.

Jon C. Ogg
November 10, 2008

Posted on: November 10, 2008 – 8:18 am in Analyst Calls, , , , , , , ,

Goldman Sachs on Canadian Oil Drilling (BJS, HAL, WFT, CAM, SII, FTI)

Goldman Sachs issued its first of a 3-part conference call covering the Canadian market, and it noted that the stimulation outlook is improving.  Its preference in the first of three notes is for oil service stocks with a higher exposure to gas in the near-term.  It favors BJ Services (NYSE: BJS), Halliburton (NYSE: HAL), and Weatherford (NYSE: WFT) over more oil-dominant related names like Cameron International Corporation (NYSE: CAM), Smith International Inc. (NYSE: SII), and FMC Technologies, Inc. (NYSE: FTI).

Most of the upside here is due to a limited new drilling activity in North America in the second half of 2008 and into 2009, which is combined with significantly higher natural gas prices.  It also notes that oil drillers will be dependent upon new rig additions.

Jon C. Ogg
March 18, 2008

Posted on: March 18, 2008 – 6:57 am in Analyst Calls, Oil & Gas, , , , , ,

Top 10 Pre-Market Analyst Calls (AHO, BKUNA, CHRT, FTI, HANS, MU, SIGM, UBS, X, WYE)

These are not the only analyst calls today, but these are the top ten analyst calls that 247WallSt.com is looking at in early pre-market trading:

  • Ahold (NYSE: AHO) raised to Overweight at JPMorgan.
  • BankUnited Financial (NASDAQ: BKUNA) downgraded to Market Perform at Wachovia.
  • Chartered Semiconductor (NASDAQ: CHRT) raised to Neutral from Underweight at JPMorgan.
  • FMC Tech (NYSE: FTI) downgraded to Neutral at JPMorgan.
  • Hansen Natural (NASDAQ: HANS) raised to Overweight at JPMorgan.
  • Micron Tech (NYSE: MU) raised to Overweight at Thomas Weisel.
  • Sigma Designs (NASDAQ: SIGM) downgraded to Neutral from Outperform at Robert W. Baird.
  • UBS (NYSE: UBS) downgraded to Peer Perform at Bear Stearns.
  • US Steel (NYSE: X) raised to Buy from Neutral at UBS.
  • Wyeth (NYSE: WYE) raised to Overweight at Morgan Stanley. 

Jon C. Ogg
February 19, 2008

Posted on: February 19, 2008 – 7:12 am in Analyst Calls, , , , , , , , , ,