Posts for Ticker ‘ARB’

Top Analyst Downgrades (ARB, DB, ETFC, FPL, HXL, M, SFD, UA, ZUMZ)

These are most of the top early bird pre-market downgrades and negative research calls we have seen from Wall Street analysts this Wednesday morning:

Arbitron (ARB) Cut to Neutral at JPMorgan.
Deutsche Bank (DB) Cut to Underperform at Credit Suisse.
E*TRADE (ETFC) Cut to Underperform at FBR.
FPL Group (FPL) Cut to Hold at KeyBanc.
Hexcel (HXL) Cut to Hold at Deutsche Bank.
Macy’s (M) Cut to Neutral at JPMorgan.
Smithfield Foods (SFD) Cut to Underweight at Barclays.
Under Armour (UA) Cut to Sell at Wedbush Morgan.
Zumiez (ZUMZ) Cut to Sell at UBS.

JON C. OGG

Top 10 Early Bird Analyst Upgrades & Downgrades (COGT, PSUN, RMD, NCTY, SAFM, UTHR, ARB, CS, CTRP, SUN)

Money_stack_picThese are ten of the early bird analyst upgrades and downgrades we are seeing from Wall Street this Wednesday morning:

  • Cogent Inc. (COGT) Raised to Overweight at JPMorgan.
  • Pacific Sunwear (PSUN) Raised to Neutral from Sell at UBS.
  • ResMed (RMD) Started as Buy at Jefferies.
  • The9 Ltd. (NCTY) Raised to Hold from Sell at Citigroup.
  • Sanderson Farms (SAFM) Raised to neutral from Underweight at JPMorgan.
  • United Therapeutics (UTHR) Raised to Neutral from Sell at Piper Jaffray.
  • Arbitron (ARB) Cut to Neutral at JPMorgan.
  • Credit Suisse (CS) Cut to Sell from Neutral at UBS.
  • CTrip.com (CTRP) Cut to Sell from Buy at Citigroup; price target cut to $30.40 at Credit Suisse.
  • Sunoco (SUN) Cut to Sell from Hold at Deutsche Bank.

Jon C. Ogg
November 19, 2008

The 52-Week Low Club (MOT)(AMD)(S)(C)

AMD (AMD) Downgrade. Prospects seen as dim for next few months. Drops to $9.80 from 52-week high of $23.

Motorola (MOT) Verizon Wireless opening its system? No other news. Falls to $14.87 fro 52-week high of $22.55.

Sprint (S) Competitor Verizon Wireless did open its system. Could  be competitive advantage over Sprint. Drops to $14.22 from 52-week high of $23.42.

Citigroup (C) New Abu Dhabi investment of $7.5 billion come with an 11% junk level coupon. Shares off to $29.60 from 52-week high of $57.

Arbitron (ARB) Delays launch of its radio ratings system. Down to $34.81 from 52-week of $55.63.

Bearingpoint  (BE) Not much news. Stock seems to keep falling. Drops to $3.06 from 52-week high $8.63.

Bare Escentuals (BARE) President resigns. Down to $19.83 from 52-week high of $43.22.

Douglas A. McIntyre