Posts for Ticker ‘GTS’

Top 10 Pre-Market Analyst Calls (ADCT, ADSK, BSX, EL, FFIV, PCZ, TLAB, GTS, VRTX)

These are not at all the only analyst calls that 247WallSt.com is looking at today in an active negative market, but these are 10 of the more influential calls that may stand out in an otherwise cautious or negative market:

  • ADC Telecom (NASDAQ: ADCT) raised to Outperform at Morgan Keegan.
  • Autodesk (NASDAQ: ADSK) cut to Hold from Buy at Jefferies.
  • Boston Scientific (NYSE: BSX) raised to BUY from Neutral at Banc of America.
  • Estee Lauder (NYSE: EL) raised to Neutral from Sell at UBS.
  • F5 Networks (NASDAQ: FFIV) cut to Hold from Buy at Jefferies.
  • Intel Corp. (NASDAQ: INTC) upgraded to Equal Weight from Underweight at Morgan Stanley; estimates lowered at Goldman Sachs (and likely many more).
  • Petro Canada (NYSE: PCZ) downgraded to Neutral from outperform at Credit Suisse.
  • Tellabs (NASDAQ: TLAB) raised to Buy from Neutral at UBS (large call option buying recently).
  • Triple S management (NYSE: GTS) started after quiet period: Outperform at Credit Suisse, Outperform at Oppenheimer, and Neutral at UBS.
  • Vertex (NASDAQ: VRTX) raised to Buy from Neutral at Banc of America.

Jon C. Ogg
January 16, 2008

Posted on: January 16, 2008 – 8:07 am in Analyst Calls, , , , , , , , ,

Cramer’s Blue Cross Blue Shield Play (GTS)

On tonight’s MAD MONEY on CNBC, Jim Cramer said he wanted to review a recent IPO which is a great spot that didn’t perform well.  Triple-S Management (NYSE: GTS) is the Blue Cross Blue Shield affiliate in Puerto Rico that came public very recently under its proposed IPO range of $16.00 to $18.00. 

Cramer likes when health insurers come public from a non-profit to a for-profit entity, and he’s noted how all the Blue Cross players that came public have done incredibly well and ultimately get acquired.  Cramer thinks the company will ramp up margins and profitability in the coming years.  The market cap is merely $450 million and Cramer thinks the stock will come back down a bit over the next week or so.

Initially, shares are up 15% in after-hours trading on thin volume at $18.00.

Jon C. Ogg
December 10, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: December 10, 2007 – 6:13 pm in Cramer, ,