Posts for Ticker ‘ADSK’

52-Week High Club

Autodesk Inc. (NASDAQ: ADSK) rallied over 5% to a yearly high of $27.26 after the company’s shares were upgraded to “buy” by Kaufman Brothers LP, who set their 12 month price target at $30.

Genex Corporation (NASDAQ: GNTX) jumped over 20% today after the vehicle mirror supplier announced a 3Q profit of $0.17, beating analyst estimates.

CNH Global NV (NYSE: CNH) jumped over 12% to a yearly high of $22.75 after the tractor maker reported a loss of $0.09 per share, beating analyst estimates. 

Morgan Stanley (NYSE: MS) rallied over 5% to a yearly high of $35.00 after the company reported a 3Q profit of $0.38 per share and declared a dividend of $.05.

Garrett W. McIntyre

Posted on: October 21, 2009 – 4:09 pm in Analyst Calls, Autos, Banking, Brokerage Firms, Earnings, Financial Stocks, Technology Companies, , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (ACE, ADSK, ADP, BCS, EAT, EP, LXK, NRG, PAYX, TRV)

These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations which we have seen early on from Wall Street research calls:

ACE Limited (ACE) Started as Outperform at RBC Capital Markets.
Autodesk (ADSK) Raised to Buy at Kaufman Bros.
Automatic Data (ADP) Started as Outperform at RBC Capital Markets.
Barclays plc (BCS) Started as Outperform at FBR.
Brinker International Inc. (EAT) Cut to Neutral at Goldman Sachs.
El Paso Corp. (EP) Cut to Hold at Citigroup.
Lexmark (LXK) Raised to Neutral at JPMOrgan.
NRG Energy (NRG) Cut to Hold at Jefferies.
Paychex (PAYX) Started as Market Perform at RBC Capital Markets.
Travelers (TRV) Started as Outperform at RBC Capital Markets.

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JON C. OGG
OCTOBER 21, 2009

Posted on: October 21, 2009 – 7:56 am in Analyst Calls, , , , , , , , , ,

Morgan Stanley’s Key Technology Upgrades & Downgrades (IBM, DELL, CTXS, ADSK, NVLS, TXN, STM, PMCS, QLGC, LRCX, XLNX)

Bull and Bear ImageMorgan Stanley has made several key downgrades in technology, as well as a few lesser upgrades.  Both IBM (NYSE: IBM) and Dell Inc. (NASDAQ: DELL) were downgraded to Equal-Weight from Overweight.  Also cut to underweight were Citrix Systems (NASDAQ: CTXS) and Autodesk (NASDAQ: ADSK).  Novellus Systems (NASDAQ: NVLS) and Texas Instruments (NYSE: TXN) were downgraded to Equal-Weight from Overweight; and STMicroelectronics (NYSE: STM) was cut to Underweight.

There were actually a few Morgan Stanley upgrades in the broader call as well.  PMC-Sierra (NASDAQ: PMCS), QLogic (NASDAQ: QLGC), Lam Research (NASDAQ: LRCX) and Xilinx (NASDAQ: XLNX) were all raised to Overweight.

JON C. OGG

Posted on: September 8, 2009 – 9:01 am in Analyst Calls, Software, Technology Companies, , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (ARIA, ADSK, BJ, CX, ENOC, GLNG, IT, N, PSA, WMT)

These are the top pre-market analyst upgrades and downgrades from Wall Street firms we have seen early this Monday morning:

Ariad Pharma (NASDAQ: ARIA) Started as Outperform at Oppenheimer.
Autodesk (NASDAQ: ADSK) Raised to Buy at BofA Merrill Lynch.
BJ’s Wholesale (NYSE: BJ) Cut to Neutral at JPMorgan.
CEMEX S.A. (NYSE: CX) Raised to Buy at Deutsche Bank.
EnerNOC (NASDAQ: ENOC) Started as Overweight at JPMorgan.
Gartner (NYSE: IT) Raised to Overweight at JPMorgan.
Golar LNG (NASDAQ: GLNG) Cut to Neutral at Goldman Sachs.
NetSuite (NYSE: N) Raised to Outperform at Credit Suisse.
Public Storage (NYSE: PSA) Cut to Market Perform at Wells Fargo.
Wal-Mart Stores (NYSE: WMT) Raised to Buy at Rochdale.

JON C. OGG
August 17, 2009

Posted on: August 17, 2009 – 8:00 am in Analyst Calls, , , , , , , , , ,

Top Analyst Upgrades and Downgrades (AET, APD, ADSK, ENOC, LEN, ERIC, MET, PRGO, PM, VECO)

These are the top Wall Street research calls with analyst upgrades and downgrades early this Tuesday morning:

Aetna (AET) Raised to Sell from Conviction Sell List at Goldman Sachs; no real upgrade.
Air Products (APD) Raised to Overweight at JPMorgan.
Autodesk (ADSK) Raised to Buy at Jefferies.
EnerNOC (ENOC) Raised to Buy at Jefferies.
Lennar (LEN) Cut to Hold at Citigroup.
LM Ericsson (ERIC) Cut to Sell at UBS.
MetLife (MET) Cut to Neutral at BofA Merrill Lynch.
Perrigo (PRGO) Cut to Neutral at Credit Suisse.
Philip Morris (PM) Cut to Neutral from Buy at UBS.
Veeco (VECO) Raised to Buy at Citigroup.

JON C. OGG
JULY 28, 2009

Posted on: July 28, 2009 – 7:37 am in Analyst Calls, , , , , , , , , ,

Top 10 Analyst Upgrades and Downgrades (ADSK, BA, BEAV, EXC, OXPS, RCL, UNH, TROW, WU, AUY)

These are this Monday morning’s top ten Wall Street analyst upgrades, downgrades, and initiations we have seen with close to 2 hours until the market opens:
Autodesk (ADSK) Cut to Hold at Deutsche Bank.
Boeing (BA) Cut to Equal Weight at Barclays.
BE Aerospace (BEAV) Raised to Outperform at FBR.
Exelon (EXC) Cut to Hold at KeyBanc.
OptionsXpress (OXPS) Raised to Neutral from Sell at Merriman Curhan Ford.
Royal Caribbean (RCL) Raised to Buy at S&P.
UnitedHealth (UNH) Raised to Outperform at Credit Suisse.
T. Rowe Price (TROW) Raised to Market Perform at FBR.
Western Union (WU) Started as Buy at Citigroup.
Yamana Gold (AUY) Cut to Sector Perform at CIBC.

Jon C. Ogg
July 27, 2009

Posted on: July 27, 2009 – 6:45 am in Analyst Calls, , , , , , , , , ,

Top Analyst Upgrades & Downgrades (ADSK, AVY, CAT, DFS, FEIC, BEN, JWN, PMTC, SLB, VECO)

These are some of the top pre-market analyst calls with upgrades and downgrades from Wall Street firms this Thursday morning with more than two hours until the market opens:

AutoDesk  (ADSK) Started as Neutral at Janney Montgomery Scott.
Avery Dennison (AVY) Started as Underperform at Baird.
Caterpillar (CAT) Cut to Sell at UBS.
Discover Financial (DFS) Started as Outperform at FBR.
FEI Co. (FEIC) Started as Buy at Stifel Nicolaus.
Franklin Resources (BEN) Started as Outperform at Wachovia.
Nordstrom (JWN) Cut to Neutral at Credit Suisse.
Parametric Technology (PMTC) Started as Buy at Janney Montgomery Scott.
Schlumberger (SLB) Started as Neutral at HSBC.
Veeco Instruments (VECO) Started as Buy at Stifel Nicolaus.

JON C. OGG

Posted on: May 28, 2009 – 6:35 am in Analyst Calls, , , , , , , , , ,

Cramer Totally Changes His Stance On Yahoo! (YHOO, GOOG, ADSK, MSFT)

Cramer ImageYahoo LogoIf you can believe it, Jim Cramer came on CNBC’s nightly MAD MONEY and changed his tune on Yahoo! Inc. (NASDAQ: YHOO).  Cramer has been anti-Yahoo! for longer than memory serves.  He is now a Yahooligan it sounds like.  Imagine Cramer recommending a tech stocks besides Google Inc.
Read More »

Posted on: May 14, 2009 – 5:49 pm in Analyst Calls, Cramer, Internet, , , ,

Top Analyst Upgrades (AA, ADSK, GOOG, GES, TMX)

These are some of the top analyst upgrades and positive research calls from Wall Street this Tuesday morning.  As you will see, many of the upgrades are not exactly the most positive calls:

Alcoa (AA) Raised to Hold from Sell at Deutsche Bank.
Autodesk (ADSK) Raised to Neutral from Sell at UBS.
Google (GOOG) Raised to Buy at Merriman Curhan Ford.
Guess (GES) Started as Buy at Jefferies.
Telefonos de Mexico (TMX) Raised to Neutral from Underperform at Credit Suisse.

JON C. OGG

Posted on: March 31, 2009 – 7:10 am in Analyst Calls, , , , ,

Top Analyst Downgrades (AXP, ADSK, DKS, IFF, RBS, SLB)

These are the top pre-market analyst downgrades and negative calls from Wall Street that we have seen this Wednesday morning:

  • American Express (AXP) Cut to Sell from Neutral at Goldman Sachs.
  • Autodesk (ADSK) Cut to Underweight from Hold at KeyBanc.
  • Dick’s Sporting Goods (DKS) Cut to Neutral at Piper Jaffray.
  • International Flavors (IFF) Cut to Underweight at Morgan Stanley.
  • Royal Bank of Scotland (RBS) Cut to Hold at Citigroup.
  • Schlumberger (SLB) Cut to Hold at Citigroup.

JON C. OGG

Posted on: March 11, 2009 – 6:52 am in Analyst Calls, , , , , ,

Top Pre-Market Analyst Downgrades (ADBE, ADSK, LLNW, NIHD, ORLY, QSFT, SLM, SNTA, USM)

These are the top pre-market analyst downgrades and negative research calls we have seen this Friday morning:

  • Adobe (ADBE) Cut to Market Perform at Wachovia.
  • Autodesk (ADSK) Cut to Hold at KeyBanc.
  • Limelight Networks (LLNW) Cut to Hold at Jefferies.
  • NII Holdings (NIHD) Cut to Neutral at Piper Jaffray.
  • O’Reilly Autoparts (ORLY) Cut to Hold at Deutsche Bank.
  • Quest Software (QSFT) Cut to Market Weight at Thomas Weisel.
  • SLM (SLM) Cut to Equal Weight at Barclays.
  • Synta Pharmaceuticals (SNTA) downgraded at Lazard, Roth Capital, and Wachovia.
  • US Cellular (USM) Cut to Underperform at Baird.

JON C. OGG

Posted on: February 27, 2009 – 8:49 am in Analyst Calls, , , , , , , , ,

New Autodesk Earnings Trends: Losses (ADSK)

burning-money-pic25Autodesk, Inc. (NASDAQ: ADSK) is trading lower after its earnings, or at least after its losses.  The software and design assistance company did beat expectations with $0.31 EPS as revenue dropped 18% to $49 million.  First Call had consensus estimates at $0.21 EPS and $484.5 million in revenue.  The good news stops there.
Read More »

Posted on: February 26, 2009 – 5:24 pm in Earnings, Earnings Warning, Software,

Why Yahoo! (YHOO) Doesn’t Matter

yahoo_logoEvery time there is news about the internet portal Yahoo! (YHOO), it makes the front pages. The only story about Yahoo, however, that deserved attention was the monstrous violation of fiduciary duty that its board made when it turned down Microsoft’s (MSFT) offer to buy the company. Beyond that, Yahoo is now a relatively small company with faltering profits that is no longer even important to its own industries, either media or the internet. Read More »

Posted on: February 23, 2009 – 5:11 am in Internet, Management Change, Media, , , , ,

Yahoo! Confirms Bartz As CEO, With A Twist (YHOO, ADSK, CSCO, INTC, NTAP)

Yahoo_logoYahoo! Inc. (NASDAQ: YHOO) has now confirmed reports that the former head of Autodesk (NASDAQ: ADSK) Carol Bartz will become CEO of the troubled search and online media company.  But this is also coming with a twist as a top Yahoo executive who was considered for the job also is resigning.

Read More »

Posted on: January 13, 2009 – 5:12 pm in Internet, Management Change, , , , ,

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, , , , , , , , , , ,

Top Pre-Market Analyst Downgrades (ADSK, BEAV, CPSI, DELL, GPRO, GR, GOOG, JASO, CSIQ, ORCL, SPR, STP, VMW)

Down_arrow_redThese are the top analyst downgrades and negative analyst calls we are seeing this Friday morning:

  • Autodesk (ADSK) Cut to Neutral at Baird.
  • BE Aerospace (BEAV) Cut To Market Perform at FBR.
  • Computer Programs & Systems (CPSI) Cut to Market Perform at William Blair.
  • Dell (DELL) Cut to Market Perform at FBR.
  • Gen-Probe (GPRO) Cut to Equal Weight at Morgan Stanley.
  • Goodrich (GR) Cut To Market Perform at FBR.
  • Google (GOOG) Started as Sell at Merriman Curhan Ford.
  • JA Solar (JASO) Cut to Perform at Oppenheimer.
  • Canadian Solar (CSIQ) Cut to Perform at Oppenheimer.
  • Oracle (ORCL) Cut to Perform at Oppenheimer.
  • Spirit AeroSystems (SPR) Cut To Market Perform at FBR.
  • Suntech Power (STP) Cut to Perform at Oppenheimer.
  • VMware (VMW) Cut to Sell at UBS.

Jon C. Ogg
November 21, 2008

Posted on: November 21, 2008 – 7:25 am in Analyst Calls, , , , , , , , , , , , ,

Autodesk Not On Auto Pilot (ADSK)

Autodesk_logoAutodesk, Inc. (NASDAQ: ADSK) came out this morning with an updated guidance, and you can guess that the guidance was lowered like it has been at so many other established technology and software firms.  The software maker sees earnings at $0.53 to $0.55 per share and revenue of $604 million to $607 million.

Read More »

Posted on: November 4, 2008 – 8:49 am in Earnings Warning, Software,

The 52-Week Low Club (NT)(DY)(GCI)(ADSK)(CVTX)

Dycom Industries (DY) Posts loss on lawsuit settlement. Falls to $11.88 from 52-week high of $34.13.

Nortel (NT) Big loss and lay-offs. Down to $9.67 from 52-week high of $30.27.

Journal Register (JRC) Sells off to $1.19 to more bad news from newspaper Industry. Has 52-week high of $7.46.

Gannett (GCI) More newspaper industry woes. Drops down to $31.50 from 52-week high of $62.70.

CV Therapeutics (CVTX) Misses Q4 numbers and sells down to $6.13 from 52-week high of $13.74.

Autodesk (ADSK) Bad quarter pushes share to $32.36 from 52-week high of $51.32.

EnerNoc (ENOC) Fourth quarter loss drops shares to $16.25 from 52-week high of $50.50.

Douglas A. McIntyre

Posted on: February 27, 2008 – 4:03 pm in HI/LOW, , , , , , ,

Autodesk Stubs Its Toe (ADSK)

Autodesk Inc. (NASDAQ: ADSK) has posted earnings of $0.52 non-GAAP EPS on revenues of $599.1 million, while First Call had estimates at $0.54 EPS and $581.4 million in revenues.  Unfortunately, the guidance is going to disappoint many since Autodesk isn’t usually a "lowering guidance" company.

Net revenue for the first quarter of fiscal 2009 is expected to be in the range of $575 million and $585 million; it is lowering its previous estimate of earnings per diluted share to non-GAAP earnings per diluted share in the range of $0.46 and $0.48. Estimates are $582.6 million and $0.52 respectively.

For fiscal year 2009, Autodesk kept its previously provided revenue guidance range of $2.425 billion and $2.475 billion; but it lowered non-GAAP EPS guidance to a range of $2.15 and $2.25.  Estimates are $2.46 Billion and $2.24 respectively.

Shares closed down 0.5% today at $39.10, and its shares are down nearly 10% at a new 52-week low of $35.25 in after hours trading.  The 52-week trading range id $36.74 to $51.32.  We’d normally point out that shares had already been hit hard, but Wall Street isn’t used to lower numbers out of this company.

Jon C. Ogg
February 26, 2008

Posted on: February 26, 2008 – 4:18 pm in Earnings, Earnings Warning, Software,

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, , , , , , , , ,