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Top Analyst Upgrades & Downgrades (ADTN, AAP, APD, MT, ADP, BKU, BA, CATM, CSH, CVX, C, HGSI, LAMR, MA, RSH, SMG, UBS, VE, V, WFT, BRCM)

Administrator — Thu, 19 Jan 2012 13:14:47 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning.

ADTRAN, Inc. (NASDAQ: ADTN) Cut to Hold at Needham Research.
Advance Auto Parts (NYSE: AAP) Raised to Outperform at Credit Suisse.
Air Products and Chemical, Inc. (NYSE: APD) Cut to Neutral at JPMorgan.
Arcelor Mittal (NYSE: MT) Cut to Neutral at HSBC.
Automatic Data Processing. Inc. (NYSE: ADP) Started as Outperform at Credit Suisse.
BankUnited, Inc. (NYSE: BKU) Cut to Neutral at BofA/ML.
Boeing Co. (NYSE: BA) Cut to Sell at Societe Generale.
Cardtronics, Inc. (NASDAQ: CATM) Started as Outperform at Credit Suisse.
Cash America International (NYSE: CSH) Raised to Buy at Sterne Agee.
Chevron Corporation (NYSE: CVX) maintained Buy with $130 target but cut estimates at Argus.
Citigroup, Inc. (NYSE: C) Maintained Sell at Argus.
Human Genome Sciences Inc. (NASDAQ: HGSI) Started as Buy with $14 price target at Maxim.
Lamar Advertising Co. (NASDAQ: LAMR) maintained as Outperform and named as the Bull of the Day at Zacks.
MasterCard Inc. (NYSE: MA) Started as Outperform at Credit Suisse.
RadioShack Corporation (NYSE: RSH) Cut to Underperform at Credit Suisse.
Scotts Miracle-Gro (NYSE: SMG) Cut to Underperform at BMO Capital.
UBS AG (NYSE: UBS) Raised to Overweight at Morgan Stanley.
Veolia Environnement (NYSE: VE) Cut to Neutral at HSBC.
Visa, Inc. (NYSE: V) Started as Outperform at Credit Suisse.
Weatherford International Inc. (NYSE: WFT) named as value stock of the day at Zacks.

Read Also: Jim Cramer touts Broadcom Corporation (NASDAQ: BRCM) as a cheap catch-up semiconductor stock. This creates a chart versus fundamental event in price.

If you enjoyed the top analyst calls, you can sign up in the box below to join our morning email list to receive news directly in your inbox each morning. We include major analyst upgrades and downgrades, IPO and M&A news, special situation developments, observations on Warren Buffett and key market gurus, as well as special exclusive feature stories.

JON C. OGG

Filed under: Analyst Calls Tagged: AAP, ADP,, ADTN, APD, BA, BKU, BRCM, C, CATM, CSH, CVX, HGSI, LAMR, MA, MT, RSH, SMG, UBS, V, VE, WFT

Earnings Season Arrives, Top Earnings Previews For The Week Ahead (NVLS, AA, ADTN, HST, PEP, GOOG, JBHT, JPM, SWY, MAT)

Administrator — Fri, 07 Oct 2011 17:15:40 +0000

They’re Here! Next week will launch the corporate earnings season for the third quarter. The media is going to tell you that this is the most important earnings season in quite some time. The media always says that, but this time it is true because investors want to know whether to still model in growth or whether they need to dig in for a recessionary climate.

24/7 Wall St. has compiled detailed earnings previews for the following companies: Novellus Systems Inc. (NASDAQ: NVLS); Alcoa Inc. (NYSE: AA); ADTRAN Inc. (NASDAQ: ADTN); Host Hotels and Resorts Inc. (NYSE: HST); Pepsico Inc. (NYSE: PEP); Google Inc. (NASDAQ: GOOG); J. B. Hunt Transport Services Inc. (NASDAQ: JBHT); J.P. Morgan Chase & Co. (NYSE: JPM); Safeway Inc. (NYSE: SWY); and Mattel Inc. (NASDAQ: MAT).

Some of these companies will not really seem on the surface to be sector-movers or market-moving companies, but these have been selected because they are the first ones of their peer groups to be reporting earnings.

We have created a detailed earnings preview for each with consensus estimates from Thomson Reuters and added color in on each for investors to see what exactly is worth consideration this earnings season. We have also added in recent price history and named where to look for additonal action (or fallout).

Monday, October 10

Novellus Systems Inc. (NASDAQ: NVLS) is the first chip equipment player to report for this earnings season. it has been a few weeks since we have had earnings reports or guidance in the sector so we will be paying close attention since so many companies that are chip equipment customers have talked down their numbers in recent weeks. Our belief is that expectations are very low for the quarter ahead. Estimates are $0.68 EPS and $311.9 million in revenue; next quarter estimates are $0.50 EPS and $278.5 million in revenue. With shares hovering around $30.00 on Friday, the 52-week range is $25.26 to $41.82 and shares were above $36 in early July. After Novellus reports, we would be watching the following: Applied Materials Inc. (NASDAQ: AMAT), KLA-Tencor Corporation (NASDAQ: KLAC), and Lam Research Corporation (NASDAQ: LRCX).

Tuesday, October 11

Alcoa Inc. (NYSE: AA) has already talked down aluminum prices and we have already seen slowing demand out of China talked about by many sectors. Alcoa keeps maintaining that it can double its business by 2020 and we do not expect that to be changed by management even if it guides lower expectations ahead. Estimates are $0.23 EPS and $6.24 billion in revenue; next quarter estimates are $0.23 EPS and $6.11 billion in revenue. At $9.80 on Friday, the 52-week range is $8.45 to $19.47 and this one was above $16 at the start of July. There are many metals stocks to watch, some in aluminum and some in other metals: Century Aluminum Co. (NASDAQ: CENX), Reliance Steel & Aluminum Co. (NYSE: RS); Kaiser Aluminum Corporation (NASDAQ: KALU); Titanium Metals Corporation (NYSE: TIE); and Nucor Corporation (NYSE: NUE).

Filed under: Calendar, Corporate Governance, Earnings, Earnings Warning, Economy, Editor's Picks Tagged: AA, ADTN, AMAT, BAC, C, CENX, CHH, CIEN, GOOG, HAS, HST, JBHT, JPM, KALU, KLAC, KO, KR, LRCX, LSTR, MAR, MAT, NUE, NVLS, PEP, RS, SWY, TIE, TLAB, WFC

Top Analyst Upgrades & Downgrades (ADTN, AGN, AAPL, ADP, ABX, C, EXPE, GILD, LNKD, MA, NOK, OPEN, PWRD, RIMM, RGLD, TSM, AMTD, VECO)

Administrator — Fri, 16 Sep 2011 12:07:20 +0000

These are some of this Friday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls.

Adtran Inc. (NASDAQ: ADTN) Reiterated Buy and $49 target at Argus.
Allergan Inc. (NYSE: AGN) Started as Buy at Deutsche Bank.
Apple Inc. (NASDAQ: AAPL) Maintained Buy with $490 target at BofA/ML.
Automatic Data Processing Inc. (NYSE: ADP) Reiterated Buy and $60 Target at Argus.
Barrick Gold Corporation (NYSE: ABX) named value stock of the day at Zacks.
Citigroup Inc. (NYSE: C) Started as Market Perform at Wells Fargo.
Expedia, Inc. (NASDAQ: EXPE) named Bull of the Day at Zacks.
Gilead Sciences Inc. (NASDAQ: GILD) Raised to Buy at Goldman Sachs.
LinkedIn Corporation (NYSE: LNKD) Started as Overweight at Barclays.
Mastercard Incorporated (NYSE: MA) Cut to Neutral at Baird.
Nokia Corporation (NYSE: NOK) Raised to Buy at Societe Generale.
OpenTable, Inc. (NASDAQ: OPEN) Started as Underweight at Barclays.
Perfect World Co., Ltd. (NASDAQ: PWRD) Cut to Neutral at Credit Suisse.
Research in Motion Ltd. (NASDAQ: RIMM) Cut to Market Perform at Raymond James; Maintained Neutral but cut target to $30 at BofA/ML.
Royal Gold, Inc. (NASDAQ: RGLD) Cut to Neutral at HSBC.
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) Raised to Buy at BofA/ML.
TD AMERITRADE Holding Corporation (NASDAQ: AMTD) Raised to Buy at Citigroup.
Veeco Instruments Inc. (NASDAQ: VECO) Cut to Neutral at BofA/ML.

JON C. OGG

Filed under: Analyst Calls Tagged: AAPL, ABX, ADP,, ADTN, AGN, AMTD, C, EXPE, GILD, LNKD, MA, NOK, OPEN, PWRD, RGLD, RIMM, TSM, VECO

Top Analyst Upgrades & Downgrades (ADTN, BMR, COF, CETV, ERTS, EPB, IDIX, LYG, MMM, NTGR, PLD, PL, SWC, TOL, TSM, VRTX, WSM)

Administrator — Thu, 14 Jul 2011 12:34:26 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning.

Adtran Inc. (NASDAQ: ADTN) Reiterated Buy with $49 target at Argus.
BioMed Realty (NYSE: BMR) Raised to Buy at Jefferies.
Capital One Financial Corporation (NYSE: COF) Reiterated Sell at Argus.
Central European Media Enterprises Ltd. (NASDAQ: CETV) Started as Underperform at Credit Suisse.
Electronic Arts Inc. (NASDAQ: ERTS) Reiterated Hold at Argus.
El Paso Pipeline Partners, L.P. (NYSE: EPB) Started as Outperform at Credit Suisse.
Idenix Pharmaceuticals Inc. (NASDAQ: IDIX) Started as Neutral at Credit Suisse.
Lloyds Banking Group plc (NYSE: LYG) Raised to Buy at Goldman Sachs.
3M Co. (NYSE: MMM) Cut to Underperform at BofA/ML.
Netgear Inc. (NASDAQ: NTGR) Cut to Equal-Weight at Barclays.
ProLogis (NYSE: PLD) Cut to Underperform at Jefferies.
Protective Life Corp. (NYSE: PL) Raised to Buy at BofA/ML.
Stillwater Mining Co. (NYSE: SWC) Cut to Neutral at JPMorgan.
Toll Brothers Inc. (NYSE: TOL) Raised to Buy at Goldman Sachs.
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) Cut to Neutral at JPMorgan.
Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) Started as Underperform at Credit Suisse.
Williams-Sonoma Inc. (NYSE: WSM) Raised to Buy at Goldman Sachs.

You are invited to join our free daily email distribution list to hear more about analyst upgrades and downgrades, top day trader and active trader alerts, dividend trends, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Filed under: Analyst Calls Tagged: ADTN, BMR, CETV, COF, EPB, ERTS, IDIX, LYG, MMM, NTGR, PL, PLD, SWC, TOL, TSM, VRTX, WSM

Top Earnings Previews For The Week Ahead (AA, NVLS, ADTN, MAR, NG, YUM, CBST, GOOG, JBHT, JPM, C, MAT)

Administrator — Fri, 08 Jul 2011 18:20:12 +0000

The coming week will be the unofficial start of earnings season, with the major flow of corporate earnings reports seeing the floodgates opening the following week. We have already identified the 15 Companies That Will Set The Tone For Summer, and a handful of the coming week’s report is on that list.

The top earnings reports due in the coming week are from Alcoa, Inc. (NYSE: AA), Novellus Systems, Inc. (NASDAQ: NVLS), ADTRAN Inc. (NASDAQ: ADTN), Marriott International, Inc. (NYSE: MAR), Novagold Resources Inc. (NYSE: NG), Yum! Brands, Inc. (NYSE: YUM), Cubist Pharmaceuticals Inc. (NASDAQ: CBST), Google Inc. (NASDAQ: GOOG), J B Hunt Transport Services Inc. (NASDAQ: JBHT), JPMorgan Chase & Co. (NYSE: JPM), Citigroup, Inc. (NYSE: C), and Mattel Inc. (NASDAQ: MAT).

We have added color on each of these reports, along with showing trading data, Thomson Reuters estimates, and more.

Alcoa, Inc. (NYSE: AA) is due to report Monday and acts as the unofficial kick-off for earnings season. It was one of those top 15 reports to follow for all of the summer earnings trends. Estimates are $0.34 EPS and $6.32 billion in revenues; estimates for the next report are $0.34 EPS and $6.33 billion in revenues. Shares are now trading around $16.17 and the 52-week trading range is $9.92 to $18.47. With sowing in Japan and China, we will be giving Alcoa more or less “a pass” on the last quarter as long as it is not atrocious. Mainly, investors need to focus on just how much of a bounce in orders are coming right now. This has been a takeover-rumor stock as well, but we are not going to try to deal with the reality of that possibility. This one also made our value screen for the metals sector on Friday.

Novellus Systems, Inc. (NASDAQ: NVLS) reports on Monday and it is usually not a sector mover with its $3.2 billion market cap. Estimates are $0.76 EPS and $352.3 million in revenues; estimates for the next report are $0.87 EPS and $363 million in revenues. Shares are now trading around $35.89 and the 52-week trading range is $22.88 to $41.82. Why we care is that it is the first of the equipment makers for circuits and chips to report, and it is frequent that investors try to look for cause and effect in the rest of tech.

ADTRAN Inc. (NASDAQ: ADTN) reports on Wednesday and will lead off the telecom and communications equipment makers in its report. Estimates are $0.53 EPS and $179.4 million in revenues; estimates for the next report are $0.55 EPS and $187.2 million in revenues. Shares are now trading around $41.98 and the 52-week trading range is $27.55 to $47.60. Just like Novellus, analysts and traders will possibly look for cause and effect in its peers. Keep in mind, its market cap is a mere $2.7 billion and these companies in the space are now subject to what we call “good hits and bad misses” in earnings.

Marriott International, Inc. (NYSE: MAR) reports this coming Wednesday and estimates are $0.37 EPS and $3.02 billion in revenues; estimates for the next report are $0.30 EPS and $2.88 billion in revenues. Shares are now trading around $36.70 and the 52-week trading range is $29.80 to $42.56. With hotel rates running strong, it is hard to not notice that this stock is right in the middle of its 52-week trading range.

Novagold Resources Inc. (NYSE: NG) is due Wednesday and is more Canadian than U.S., but investors will try to use it as a bogey for the gold mining stocks as it is into exploration for gold, zinc, silver and other minerals. Its market cap is only $2.3 billion. As a reminder, Novagold was one of our fresh value hunt stocks as it is among the most sold-off gold stocks. Estimates are in Canada and not widely followed in America.

Yum! Brands, Inc. (NYSE: YUM) estimates are $0.61 EPS and $2.70 billion in revenues; next quarter estimates are $0.84 EPS and $3.03 billion in revenues. Shares are now trading around $55.13 and the 52-week trading range is $38.43 to $57.04. Yum! is really about China, and many are now using Yum!’s China market comments to try to make determinations about the discretionary spending for China’s consumer spending market.

Filed under: Calendar, Earnings, Economy, The Week Tagged: AA, ADTN, C, CBST, GOOG, JBHT, JPM, MAR, MAT, NG, NVLS, YUM

Top Active Trader Alert Stocks (ADTN, INVE, GRM, RVBD, SLGN)

247wallst — Wed, 13 Apr 2011 12:54:27 +0000

Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Adtran, Inc. (NASDAQ: ADTN), Identive Group, Inc. (NASDAQ: INVE), Graham Packaging Company (NYSE: GRM), Riverbed Technology, Inc. (NASDAQ: RVBD), and Silgan Holdings, Inc. (NASDAQ: SLGN).

Adtran, Inc. (NASDAQ: ADTN) is up nearly 6% premarket to $44.02, relative to a 52-week range of $23.40-$44.70. The company reported better than expected Q1 EPS and revenue.

Identive Group, Inc. (NASDAQ: INVE) is down more than 15% premarket to $4.82, relative to a 52-week range of $1.29-$5.90. Shares were up more than 115% yesterday.

Riverbed Technology, Inc. (NASDAQ: RVBD) is up 14.5% premarket to $35.40, relative to a 52-week range of $12.56-$44.70. The company was upgraded to buy from hold at ThinkEquity and Capstone.

Silgan Holdings, Inc. (NASDAQ: SLGN) is up 11% premarket on heavy volume to $40.90, relative to a 52-week range of $27.03-$39.05. The company is acquiring Graham Packaging Company (NYSE: GRM) which is up 21% premarket on very heavy volume to $20.33, relative to a 52-week range of $10.32-$18.07.

Filed under: Pre-Market Activity, Trading Alert Tagged: ADTN, GRM, INVE, RVBD, SLGN

Top Analyst Upgrades & Downgrades (ADTN, AET, CLWR, GLW, D, NFLX, NVDA, SPLS, STP, UNH, UTX, VLO, WY)

Administrator — Mon, 07 Feb 2011 13:13:40 +0000

These are some of this Monday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms.

ADTRAN Inc. (NASDAQ: ADTN) Raised to Buy at BofA/ML.
Aetna Inc. (NYSE: AET) Raised to Buy at Goldman Sachs.
Clearwire Corporation (NASDAQ: CLWR) Started as Neutral at Credit Suisse.
Corning Inc. (NYSE: GLW) Cut to Hold at Citigroup.
Dominion Resources, Inc. (NYSE: D) Cut to Hold at Argus.
Netflix Inc. (NASDAQ: NFLX) Raised to Buy at Altantic.
NVIDIA Corporation (NASDAQ: NVDA) Cut to Hold at ThinkEquity.
Staples, Inc. (NASDAQ: SPLS) Cut to Neutral at Goldman Sachs.
Suntech Power Holdings Co. (NYSE: STP) Raised to Outperform as the Bull of the Day at Zacks Investment Research.
Unitedhealth Group, Inc. (NYSE: UNH) Cut to Neutral at Goldman Sachs.
United Technologies Corp. (NYSE: UTX) Raised to Buy at Argus.
Valero Energy Corp. (NYSE: VLO) Raised to Buy at BofA/ML.
Weyerhaeuser Co. (NYSE: WY) Cut to Underperform at Credit Suisse.

You can join our free daily email distribution list to hear more about analyst upgrades and downgrades, top day trader and active trader alerts, dividend trends, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Filed under: Analyst Calls Tagged: ADTN, AET, CLWR, D, GLW, NFLX, NVDA, SPLS, STP, UNH, UTX, VLO, WY

Top Analyst Upgrades & Downgrades (AMR, CVS, KR, FSLR, GRMN, SOLR, K, LDK, OXY, PTEN, PWER, TSO, TIF, WAG, ADTN, EK)

Administrator — Fri, 04 Feb 2011 13:29:14 +0000

These are some of this Friday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms.

AMR Corp. (NYSE: AMR) Cut to Hold at Argus.
CVS Caremark Corporation (NYSE: CVS) replaced The Kroger Co. (NYSE: KR) on Credit Suisse’s Focus List.
First Solar Inc. (NASDAQ: FSLR) Cut to Hold at Kaufman Bros.
Garmin Ltd. (NASDAQ: GRMN) Raised to Hold at Stifel Nicolaus.
GT Solar International, Inc. (NASDAQ: SOLR) Cut to Neutral at BofA/ML.
Kellogg Company (NYSE: K) Raised to Hold at Argus; Raised to Outperform at BMO.
LDK Solar Co., Ltd. (NYSE: LDK) Started as Neutral at Collins Stewart.
Occidental Petroleum Corporation (NYSE: OXY) Reiterated Buy but raised target to $110 at Argus.
Patterson-UTI Energy Inc. (NASDAQ: PTEN) Raised to Buy at Citigroup.
Power-One Inc. (NASDAQ: PWER) Maintained Buy but cut target to $13 at Auriga.
Tesoro Corp. (NYSE: TSO) Raised to Outperform at Credit Suisse.
Tiffany & Co. (NYSE: TIF) Raised to Outperform at Oppenheimer.
Walgreen Co. (NYSE: WAG) Raised to Hold at Citigroup.

ADTRAN Inc. (NASDAQ: ADTN) Raised to Outperform at Zacks Investment Research as the Bull of the Day. Eastman Kodak Co. (NYSE: EK) Cut to Underperform from Neutral and called the Bear of the Day at Zacks Investment Research.

JON C. OGG

Filed under: Analyst Calls Tagged: ADTN, AMR, CVS, EK, FSLR, GRMN, K, KR, LDK, OXY, PTEN, PWER, SOLR, TIF, TSO, WAG

Top 10 Analyst Upgrades and Downgrades (ADTN, ATHN, CLH, DPS, GS, IM, O, RMD, SPWRA, TLAB)

Administrator — Mon, 03 May 2010 12:10:10 +0000

These are ten of the top analyst upgrades, downgrades, and initiations we saw from Wall Street research calls this morning:

Adtran Inc. (NASDAQ: ADTN) Started as Neutral at Goldman Sachs.
athenahealth, Inc. (NASDAQ: ATHN) Reiterated Hold but price target cut to $32 at Auriga.
Clean Harbors, Inc. (NYSE: CLH) Raised to Outperform at Credit Suisse.
Dr. Pepper Snapple Group (NYSE: DPS) Raised to Buy at Stifel Nicolaus.
Goldman Sachs Group Inc. (NYSE: GS) Cut to Market Perform and $165 target at KBW.
Ingram Micro Inc. (NYSE: IM) Raised to Buy at Goldman Sachs.
Realty Income Corp. (NYSE: O) Cut to Underperform at Credit Suisse.
ResMed Inc. (NYSE: RMD) Raised to Overweight at Morgan Stanley.
SunPower Corp. (NASDAQ: SPWRA) Reiterated SELL with $15 Target at Auriga.
Tellabs Inc. (NASDAQ: TLAB) Started as Neutral at Goldman Sachs.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Filed under: Analyst Calls Tagged: ADTN, ATHN, CLH, DPS, GS, IM, O, RMD, SPWRA, TLAB

Top 10 Analyst Upgrades and Downgrades (ADTN, LLY, MGM, MICC, N, POT, SNDK, TIVO, VIP, ZION)

Administrator — Tue, 20 Apr 2010 12:26:03 +0000

These are the top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls this Monday morning:

ADTRAN Inc. (NASDAQ: ADTN) Started as Buy at Needham.
Eli Lilly & Co. (NYSE: LLY) Cut to Sell at Hapoalim Securities.
MGM Mirage (NYSE: MGM) Raised to Conviction Buy List (already was at Buy) at Goldman Sachs.
Millicom International Cellular SA (NASDAQ: MICC) Started as Outperform at BNP Paribas.
Netsuite, Inc. (NYSE: N) Started as Neutral at Goldman Sachs.
Potash Corp. of Saskatchewan (NYSE: POT) Raised to Hold from Sell at Soleil.
SanDisk Corporation (NASDAQ: SNDK) Reiterated Sell at Auriga.
TiVo Inc. (NASDAQ: TIVO) Started as Outperform at BMO Capital.
Vimpelcom Ltd. (NYSE: VIP) Started as Buy at Goldman Sachs.
Zions Bancorp (NASDAQ: ZION) Raised To Mkt Perform From Underperform By KBW; Cut to Market Perform at Bernstein.

JON C. OGG

Filed under: Analyst Calls Tagged: ADTN, LLY, MGM, MICC, N, POT, SNDK, TIVO, VIP, ZION