Posts for Ticker ‘URBN’

Top 10 Analyst Upgrades, Downgrades, Initiations (MT, BMRN, ELN, FITB, FSLR, GCI, GT, HAL, PVTB, URBN)

These are this Thursday morning’s top 10 analyst upgrades, downgrades, and initiations we have seen in early research calls from Wall Street:

ArcelorMittal (NYSE: MT) Raised to Buy at Societe Generale.
BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) Raised to Outperform at Credit Suisse.
Elan Corp. plc (NYSE: ELN) Cut to Neutral at UBS.
Fifth Third Bancorp Raised To Outperform From Neutral By Baird
First Solar Inc. (NASDAQ: FSLR) Cut to Neutral at BofA/Merrill.
Gannett Co. (NYSE: GCI) Cut to Underperform at Wells Fargo.
Goodyear Tire (NYSE: GT) Cut to Underperform at BofA/Merrill.
Halliburton Co. (NYSE: HAL) Started as Outperform at Wells Fargo.
PrivateBancorp Inc. (NASDAQ: PVTB) Cut to Neutral at JPMorgan.
Urban Outfitters (NASDAQ: URBN) Raised to Overweight at Thomas Weisel.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Posted on: October 29, 2009 – 7:45 am in Analyst Calls, , , , , , , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (AAPL, GOOG, CME, FFIV, HOG, ICE, NDAQ, NTRI, SGMS, URBN)

These are the top ten stocks seeing analyst upgrades, downgrades, and initiations from Wall Street early this Friday morning:

Apple Inc. (NASDAQ: AAPL) was given a cautious call from Oppenheimer, noting that it could report in-line or even slightly disappointing revenues of $9 to $9.2 billion.   Google Inc. (NASDAQ: GOOG): Stifel Nicolaus raised target to $650; UBS raised target to $635; JPMorgan raised target to $608; Goldman Sachs raised target to $635; BofA raised target to $640; Citi raised target to $640.

CME Group (NYSE: CME) Raised to Outperform at KBW.
F5 Networks (NASDAQ: FFIV) Cut to Perform at Oppenheimer.
Harley-Davidson (NYSE: HOG) Raised to Outperform at RBC.
Intercontinental Exchange (NYSE: ICE) Raised to Outperform at KBW.
NASDAQ (NASDAQ: NDAQ) Cut to Market Perform at KBW.
NutriSystem (NASDAQ: NTRI) Raised to Buy at Janney Montgomery
Scientific Games (NASDAQ: SGMS) Cut to Neutral at JP Morgan.
Urban Outfitters (NASDAQ: URBN) Started as Buy at BofA/Merrill Lynch.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG
OCTOBER 16, 2009

Posted on: October 16, 2009 – 8:12 am in Analyst Calls, , , , , , , , , ,

Top Analyst Upgrades (AMZN, COH, FDX, IPI, JWN, QCOM, RIMM, URBN)

These are Tuesday’s top analyst upgrades and positive research calls we have seen early this morning with more than two hours until the market opens:

  • Amazon.com (AMZN) Raised to Outperform at Cowen.
  • Coach (COH) Started as Outperform at Robert W. Baird.
  • FedEx (FDX) Raised to Overweight at Barclays.
  • Intrepid Potash (IPI) Started as Outperform at RBC.
  • Nordstrom (JWN) Started as Outperform at Robert W. Baird.
  • Qualcomm (QCOM) Started as Outperform at BMO Capital Markets.
  • Research in Motion (RIMM) Started as Outperform at BMO Capital Markets.
  • Urban Outfitters (URBN) Started as Outperform at Robert W. Baird.

Jon C. Ogg

Posted on: June 30, 2009 – 6:33 am in Analyst Calls, , , , , , , ,

Top 10 Analyst Calls (AMSF, AMCC, DMND, DLB, GDP, FLO, QLGC, RHT, SONS, URBN)

These are ten of the top research calls with upgrades and downgrades from Wall Street analysts this Friday morning:

Amerisafe (AMSF) Raised to Outperform at Oppenheimer.
Applied Micro Circuits (AMCC) Raised to Outperform at Oppenheimer.
Diamond Foods (DMND) Started as Buy at KeyBanc.
Dolby Labs (DLB) Cut to Neutral at JPMorgan.
Goodrich Petroleum (GDP) Started as Underweight at Thomas Weisel.
Flowers Foods (FLO) Started as Buy at KeyBanc.
QLogic (QLGC) Raised to Outperform at Baird.
Red Hat (RHT) Cut to Neutral at Baird.
Sonus Networks (SONS) Cut to Hold at Jefferies.
Urban Outfitters (URBN) Cut to Neutral at Sun Trust Robinson Humphrey.

JON C. OGG

Posted on: May 1, 2009 – 6:51 am in Analyst Calls, , , , , , , , , ,

Top Analyst Upgrades & Downgrades (EXPE, F, JNJ, CTXS, DSX, EGLE, GM, JCI, HOT, URBN)

These are the top upgrades and downgrades from Wall Street analysts this Friday morning:

Expedia (EXPE) Raised to Buy at Citigroup.
Ford (F) Started as Buy at UBS.
Johnson & Johnson (JNJ) Raised to Buy at UBS.
Citrix Systems (CTXS) Cut to Market Weight at Thomas Weisel.
Diana Shipping (DSX) Cut To Market Perform at Wachovia.
Eagle Bulk Shipping (EGLE) Cut To Market Perform at Wachovia.
General Motors (GM) Started as Sell at UBS.
Johnson Controls (JCI) Started as Buy at UBS.
Starwood Hotels (HOT) Cut to Underperform at FBR.
Urban Outfitters (URBN) Cut to Neutral at Cowen & Co.

JON C. OGG

March 20, 2009

Posted on: March 20, 2009 – 6:50 am in Analyst Calls, , , , , , , , , ,

Retail & Consumer Stocks That Should Double (ANF, M, SHLD, SONC, WFMI)

money-stack-image21This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows we have recently seen. Today, let’s discuss the retail sector.   We are also including two food companies that have suffered along with the rest of the retail sector.

Today’s review includes Abercrombie & Fitch Co. (NYSE: ANF), Macy’s, Inc. (NYSE: M), Sears Holdings Corporation (NASDAQ: SHLD), Sonic Corp. (NASDAQ: SONC), and Whole Foods Market, Inc. (NASDAQ: WFMI).
Read More »

Posted on: March 11, 2009 – 9:44 am in Consumer Goods, Food, Retail, Value Investing, , , , , , , , , , ,

Top 10 Pre-Market Analyst Upgrades (AKS, ARO, NTRS, OCNF, URBN)

Money_stack_picThere were not as many analyst upgrades today, but here are this Wednesday’s early bird upgrades:

  • AK Steel (NYSE: AKS) Raised to Buy at Goldman Sachs.
  • Aeropostale (NYSE: ARO) Started as Buy at KeyBanc (late yesterday).
  • Northern Trust (NASDAQ: NTRS) Raised to Buy at Goldman Sachs.
  • OceanFreight (NASDAQ: OCNF) Raised to Perform at Oppenheimer.
  • Urban Outfitters (NASDAQ: URBN) Started as Buy at KeyBanc (late yesterday).

Jon C. Ogg
January 7, 2009

Posted on: January 7, 2009 – 7:50 am in Analyst Calls, , , , ,

Early Bird Analyst Upgrades (AEO, BPL, GMR, ITRI, PNR, TCK, URBN)

These are some of the top analyst upgrades we are seeing from Wall Street firms this Thursday morning with more than two hours to the open:

  • American Eagle (AEO) Started as Outperform at Oppenheimer.
  • Buckeye Partners (BPL) Raised to Neutral from Sell at Goldman Sachs.
  • General Maritime (GMR) Raised to Overweight at JPMorgan.
  • Itron (ITRI) Raised to Overweight at JPMorgan.
  • Pentair (PNR) Raised to outperform at Baird.
  • Teck Cominco (TCK) Raised to Buy at Goldman Sachs.
  • Urban Outfitters (URBN) Started as Outperform at Oppenheimer.

Jon C. Ogg
October 23, 2008

Posted on: October 23, 2008 – 6:32 am in Analyst Calls, , , , , , ,

Urban Outfitters Chairman Unloads Stock (URBN)

Urban Outfitters Inc. (NASDAQ: URBN) been immune for the most part from the stock market carnage.  Shares closed down almost 5% at $34 today, but the stock still trades well nto the upper echelon of its $21.09 to $38.40 trading range of the last 52-weeks.

Insider selling is a part of the markets, and it isn’t a signal of of bad things.  But when we see sales of certain sizes, we have to look further.  In an SEC filing today, Chairman of the Board Richard Hayne noted he sold 1,388,000 shares at prices of $35.64 to $36.12 on Monday and Tuesday.  This represents a total value of more than $49.6 million.

This is nowhere near his entire stake in the company, so don’t think that this is a wholesale exodus on his part. Hayne still owns more than 33.6 million shares, roughly 20% of the company’s common stock.  But a sale of nearly $50 million will raise some eyebrows in a market when traders and investors are easily spooked.

Jon C. Ogg
September 17, 2008

Posted on: September 17, 2008 – 3:29 pm in Apparel, Insider Activity,

The Mystery Of Urban Outfitters (URBN, AEF, ANF)

Uncle_samThe most bizarre thing about the economic slowdown is the continued strength of Urban Outfitters Inc. (URBN).

Not only is the Philadelphia-based retailer continuing to post impressive results but its stock just hit an all-time high. The company continues to open stores as well. During the six months ended July 31, it added 24 new locations, including 10 Urban Outfitters stores, 7 Anthropologie stores, 6 Free People stores and 1 Terrain garden center. It expects to open 45 new stores during the full fiscal year. The company also boosted gross profit margins by 373 and 408 points respectively in the three and six months ended July 31.

Read More »

Posted on: September 3, 2008 – 10:27 am in Retail, , , , , ,

Top Pre-Market Analyst Upgrades (ARO, AMGN, DPS, EDS, ENR, PCAR, PBR, RAH, SAP, URBN, V)

These are some of the analyst upgrades and positive calls we are seeing early this Tuesday morning:

  • Aeropostale (ARO) Started as Buy at Goldman Sachs.
  • Amgen (AMGN) Raised to Buy at Citigroup.
  • Dr. Pepper Snapple (DPS) Raised to Buy at UBS.
  • Electronic Data Systems (EDS) Raised to Neutral at Credit Suisse.
  • Energizer Holdings (ENR) Raised To Overweight at Morgan Stanley.
  • Paccar (PCAR) Started as Overweight at JPMorgan.
  • Petro Brasileiro-Petrobras- (PBR) Started as Overweight at HSBC.
  • Ralcorp (RAH) Raised to Buy at Lehman.
  • SAP AG ADR (SAP) Raised to Buy at Deutsche Bank.
  • Urban Outfitters (URBN) Started as Buy at Goldman Sachs.
  • Visa (V) Started as Buy at KeyBanc.

Jon C. Ogg
July 29, 2008

Posted on: July 29, 2008 – 6:26 am in Analyst Calls, , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (APC, FISV, IPCM, KR, RSH, RAI, SWY, SNDK, URBN, ZEP)

These are ten analyst calls we are focusing on in pre-market trading this Friday morning:

  • Anadarko Petroleum (NYSE: APC) Raised to Overweight from Equal-weight at Lehman.
  • Fiserv (NASDAQ: FISV) Raised to Market Outperform from Market Perform at JMP Securities.
  • IPC The Hospitalist (NASDAQ: IPCM) Cut to Market Perform from Outperform at Wachovia.
  • Kroger (NYSE: KR) Raised to Overweight from Equalweight at Morgan Stanley.
  • RadioShack (NYSE: RSH) Raised to Buy from Neutral at Goldman Sachs.
  • Reynolds American (NYSE: RAI)  Cut to Underweight from Neutral at JPMorgan.
  • Safeway (NYSE: SWY) Cut to Equal-weight from Overweight at Morgan Stanley.
  • SanDisk (NASDAQ: SNDK) Cut to Market Underperform from Market Perform at JMP Securities.
  • Urban Outfitters (NASDAQ: URBN) Cut to Equal-weight from Overweight at Lehman Brothers.
  • Zep (NYSE: ZEP) started as Buy at KeyBanc Capital.

Jon C. Ogg
May 16, 2008

Jon Ogg produces and edits the "10 Stocks Under $10" newsletter and he does not own securities in the companies he covers.

Posted on: May 16, 2008 – 6:37 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (ATHN, BBBY, CNQ, CCU, COCO, EL, ESI, CRM, PCU, URBN)

Below are the top analyst calls we are focusing on this Wednesday morning in pre-market trading:

  • AthenaHealth (NASDAQ: ATHN) started as Outperform at JMP Securities.
  • Bed Bath & Beyond (NASDAQ: BBBY) cut to Sell at Piper Jaffray.
  • Canadian Natural Resources (NYSE: CNQ) raised to overweight at Lehman Brothers.
  • Clear Channel (NYSE: CCU) cut to Hold at Stanford Research.
  • Corinthian Colleges (NASDAQ: COCO) cut to Neutral at Piper Jaffray
  • Estee Lauder (NYSE: EL) cut to Sell at Piper Jaffray.
  • ITT Educational (NYSE: ESI) cut to Neutral at Piper Jaffray.
  • Salesforce.com     (NYSE: CRM) cut to Market Perform at Bernstein.
  • Southern Copper (NYSE: PCU) started as Sell at Citigroup.
  • Urban Outfitters (NASDAQ: URBN) cut to Neutral at Piper Jaffray.

Jon C. Ogg
April 9, 2008

Jon Ogg produces the Special Situation Investing Newsletter.  He can be reached at jonogg@247wallst.com and he does not own securities in the companies he covers.

Posted on: April 9, 2008 – 6:59 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AFL, CSCO, DVN, JMBA, KBW, MRO, NCC, PRSP, URBN, VMW)

There are other analyst calls affecting shares this morning, but these are ten of the top calls that we are focusing on this Thursday in pre-market trading:
AFLAC (NYSE: AFL) cut to Neutral from Buy at Banc of America Sec
Cisco Systems (NASDAQ: CSCO) cut to Neutral from Buy at UBS.
Devon Energy (NYSE: DVN) raised to Overweight at JP Morgan.
Jamba (NASDAQ: JMBA) started as Hold at Jefferies.
KBW inc. (NYSE: KBW) started as Sell at Stern Agee.
Marathon Oil (NYSE: MRO) raised to Outperform at Oppenheimer.
National City (NYSE: NCC) raised to Outperform at Bear Stearns; raised to Equal Weight at Morgan Stanley.
Prosperity Bancshares (NASDAQ: PRSP) cut to Neutral at Sun Trust Robinson Humphrey.
Urban Outfitters (NASDAQ: URBN) cut to Market Perform at Morgan Keegan.
VMware (NYSE: VMW) cut to Hold at Lazard.

Jon C. Ogg
April 3, 2008

Posted on: April 3, 2008 – 7:08 am in Analyst Calls, , , , , , , , , ,

Urban Outfitters Proves Its Performance (URBN)

Urban Outfitters (NASDAQ: URBN) showed why its stock has done well while others in retail have floundered for much of the last quarter.  The apparel store posted earnings of $0.32 EPS on 29% revenues growth to $465.4 million, and First Call estimates were $0.29 and $463.5 million consensus.  This was also record earnings for the quarter.

The company had already shown comparable sales cumulatively generating an 11% gain, and were broken down as 6% at Urban Outfitters, 18% at Anthropologie, and 19% at Free People.

Shares are trading up 6% initially this morning at $31.18, and that is nearly a 52-week high with a 52-week trading range of $19.20 to $31.32.  If these prices hold on the stock, this will mark more than a 25% share gain since the January lows.

Jon C. Ogg
March 6, 2008

Posted on: March 6, 2008 – 8:07 am in Apparel, Earnings, Retail,

Urban Outfitters: Rare Retail Winner Ahead of Earnings (URBN)

On Thursday morning we’ll get to see earnings out of Urban Outfitters Inc. (NASDAQ: URBN). The estimates for the specialty retail company from First Call are $462.28 million in revenues.  Next quarter estimates are $383.06 million in revenues. Estimates for fiscal Jan-2009 are $1.82 billion in revenues.  Because of EPS revisions, we’ll give more formal EPS targets as the news event is closer.

Analysts have an average price target north of $31.00 and Urban Outfitters’ 52-week trading range is $19.20 to $31.32.  This one has over 20.7 million shares in the short interest upon last look.

Despite the stock being within about 10% of its 52-week highs at $28.78, it still seems like many had mostly forgotten about Urban Outfitters as a stock for quite some time after that exponential rise came to maturity in 2005.  What is interesting is that it is also toward the higher-end of its trading range highs from back in 2005.  Stay tuned for this one, because it is fairly hard to find a retail stock that has done this well over the last six months.

Jon C. Ogg
March 1, 2008

Posted on: March 1, 2008 – 8:01 am in Earnings, Retail,

Top 10 Pre-Market Analyst Calls (AU, CEPH, KO, CXR, MCO, NVO, URBN, WAG, CVC, CMCSA, TWC, DISH, DTV)

Below are some of the key general calls we are looking at in early pre-market trading:

  • Anglogold (NYSE: AU) downgraded to Neutral from Buy at UBS.
  • Cephalon (NASDAQ: CEPH) downgraded to Underperform at Morgan Stanley.
  • Coca-Cola (NYSE: KO) raised to Outperform at Bear Stearns.
  • Cox Radio (NYSE: CXR) downgraded to Equal Weight at Morgan Stanley.
  • Moody’s (NYSE: MCO) raised to Buy from Hold at Citigroup.
  • Novo Nordisk (NYSE: NVO) raised to Outperform at Bernstein.
  • Urban Outfitters (NASDAQ: URBN) raised to Peer Perform a Bear Stearns.
  • Walgreen (NYSE: WAG) raised to Buy from Neutral at UBS.

Cable & Satellite Initiations: UBS has initiated cable and satellite companies. Cablevision (NYSE: CVC), Comcast (NASDAQ: CMCSA), and Time Warner Cable (NYSE: TWC) were all started as neutral at UBS.  DIRECTV (NYSE: DTV) was initiated as Buy and DISH Network (NASDAQ: DISH) was initiated with a Neutral rating.

Jon C. Ogg
February 8, 2008

Posted on: February 8, 2008 – 7:31 am in Analyst Calls, , , , , , , , , , , , ,

Jim Cramer’s Stimulus Package & Turnaround Stocks

On tonight’s MAD MONEY on CNBC, Jim Cramer noted that selling stocks today isn’t a good idea and that this will be good for retail stocks and others too.  You have to keep in mind the same-store-sales as the key metric, but here are his retail names he went through:

  • In retail, Cramer likes Guess? (NYSE: GES), J.Crew (NYSE: JCG), Lowe’s (NYSE: LOW), Liz Claiborne (NYSE: LIZ), Jones Apparel (NYSE: JNY), Costco Wholesale (NASDAQ: COST), TJX Corp. (NYS: TJX), Urban Outfitters (NASDAQ: URBN)… and he likes Darden (NYSE: DRI) in restaurants. 

Cramer actually talked positive about one homebuilder and a mortgage player:

  • Toll Brothers (NYSE: TOL) will actually be a winner on the higher GSE increase in the conforming loan price cap.  In mortgages the increase in the cap will help Thornburg Mortgages (NYSE: TMA). 

He thinks that takeovers are coming, and he is under the impression that Bear Stearns (NYSE: BSC) may actually get taken over after a huge drop.  He thinks it is just too valuable to others.  Just FYI, Cramer did discuss this Bear Stearns takeover possibility on TheStreet.com earlier this morning or this afternoon.  In short, he thinks that this might merit a reason to stop being so cynical.  He wants to buy something in retail and something in banking. 

Last week Cramer went value fishing for technology companies that he thought were either overlooked during the meltdown or that had been oversold.  Here were his picks in technology:

Jon C. Ogg
January 24, 2008

Posted on: January 24, 2008 – 6:22 pm in Cramer, Turnarounds, Value Investing, , , , , , , , , , , ,

Pre-Market Stock News (November 6, 2007)

  • Archer-Daniels Midland (ADM) $0.71 vs. $0.59 est.
  • Asset Acceptance Corp. (AACC) -$0.05 EPS vs -$0.05 est.
  • Beazer (BZH) cutting 1/4 workers and suspends dividend; sees new order down 50%.
  • Church & Dwight (CHD) $0.69 EPS vs. $0.589 est.; sees 2007 EPS $2.42-2.44 vs. $2.36 consensus.
  • Cooper Tire (CTB) $0.28 EPS vs $0.30 est.
  • El Paso (EP) $0.22 EPS vs $0.23 est.
  • Emerson (EMR) $0.78 EPS vs $0.75 est.
  • Environmental Tectonics’ (ETC) Aeromedical division won two new contract awards in Middle-East worth a total of $20 million.
  • Fuel-Tech (FTEK) $0.04 EPS vs. $0.06 est.; sees 2007 revenues $76-79 million vs. $79.7 million est.
  • Gerdau AmeriSteel (GNA) $0.40 EPS vs $0.42 est.
  • Google (GOOG) up $25 on analyst Sanford Bernstein raised target to $850.
  • International Securities Exchange (ISE) $0.62 EPS vs $0.53 est.
  • Kellwood (KWD) sets 2008 targets of $1.55 billion revenue from operations and sees $1.50 EPS.
  • K-Swiss (KSWS) $0.36 EPS vs $0.34 est.
  • Momenta Pharma (MNTA) announced FDA letter received says its M-Enoxaparin ANDA is NOT Approvable in current form.
  • Nortel Networks (NT) $0.05 EPS after charges vs. $0.11 est.; Revenues $2.71 Billion vs. $2.77 Billion est.
  • PetroQuest (PQ) $0.16 EPS vs. $0.14 est.
  • PowerSecure $0.15 EPS vs. $0.17 est.
  • QLogic (QLGC) announced a $200 million share buyback plan.
  • Sun Micro (JAVA) up 1.5% after earnings, despite lackluster report.
  • TheStreet.com (TSCM) $0.13 EPS vs $0.12 est.; Revenues $16.1 million vs. $16.3M est.
  • Urban Outfitters (URBN) sees revenues for Q3 at $379.3 million versus $374.5 million est.; s-s-s +8% for the quarter.
  • Valero (VLO) $1.40 EPS vs $1.35 est., but had lowered preliminary numbers.
  • Watson Pharma (WPI) $0.33 EPs vs $0.30 est.

Jon C. Ogg
November 6, 2007

Posted on: November 6, 2007 – 8:25 am in Pre-Market Activity, , , , , , , , , , , , , , , , , , , , , , ,

Pre-Market Analyst Calls (November 6, 2007)

Stock Tickers: ANF, ARO, AEO, ANN, ADSK, BMRN, CA, CHS, C, COGN, CWTR, ETR, GPS, GOOG, JCG, LF, MA, MSFT, ORH, ORCL, PAS, PNWIF, PT, RIMM, JAVA, SYMC, UA, URBN

Abercrombie & Fitch (ANF) started as Buy at UBS.
Aeropostale (ARO) started as Neutral at UBS.
American Eagle Outfitters (AEO) raised to Hold at Citigroup.
Ann Taylor (ANN) started as Buy at UBS.
Autodesk (ADSK) raised to Overweight at Lehman.
Biomarin (BMRN) Started as Buy at Jefferies.
CA INC. (CA) raised to Equal-Weight at Lehman.
Chico’s FAS (CHS) started as Neutral at UBS.
Citigroup (C) cut to Neutral at B of A.
Cognos (COGN) cut to Sector Perform at CIBC.
Coldwater Creek (CWTR) started as Neutral at UBS.
Entergy (ETR) cut to Hold at Jefferies.
Gap Inc. (GPS) started as Buy at UBS.
Googe (GOOG) target raised to $850 at Sanford Bernstein.
J.Crew (JCG) started as Neutral at UBS.
Leapfrog (LF) started as Strong Buy at Needham.
MasterCard (MA) raised to Buy at Deutsche Bank.
Microsoft (MSFT) removed from Conviction Buy List at Goldman Sachs.
OdysseyRe (ORH) raised to Hold at Citigroup.
Oracle (ORCL) replaced Microsoft on Goldman Sachs Conviction Buy List.
PepsiAmericas (PAS) cut to Underweight at JPMorgan.
PhotoChannel (PNWIF) started as Buy at Merriman Curhan Ford.
Portugal Telecom (PT) raised to Buy at UBS.
Research In Motion (RIMM) raised to Outperform at Credit Suisse.
Sun Micro (JAVA) raised to Buy at Citigroup.
Symantec (SYMC) cut to Equal-Weight at Lehman.
Under Armour (UA) started as Underweight at Morgan Stanley.
Urban Outfitters (URBN) started as Buy at UBS.

Jon C. Ogg
November 6, 2007

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

Posted on: November 6, 2007 – 7:57 am in Analyst Calls, , , , , , , , , , , , , , , , , , , , , , , , , , , ,