Posts for Ticker ‘ARRS’

Top Analyst Downgrade/Cautious Calls (AIG, ARRS, CHK, DVN, IGT, PEP, RIMM)

These are Tuesday’s top pre-market analyst downgrades or cautious research calls seen out of Wall Street:

American International Group (NYSE: AIG) Resumed as Neutral at UBS, so technically not a downgrade.
Arris (NASDAQ: ARRS) Cut to Underperform at Jefferies.
Chesapeake (NYSE: CHK) Cut to Underperform at Credit Suisse.
Devon Energy (NYSE: DVN) Cut to Underperform at Credit Suisse.
International Game Tech (NYSE: IGT) Cut to Buy from Conviction Buy List at Goldman Sachs.
Pepsico (NYSE: PEP) removed from the Focus List at Credit Suisse.
Research in Motion (NASDAQ: RIMM) Started as Underperform at Bernstein.

You can join our open email distribution list which goes out several times per week for reminders of top day trader alerts, top analyst upgrades and downgrades, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG
OCTOBER 6, 2009

Top Analyst Upgrades (ARRS, ASH, FCS, GME, ONNN, RTN, RVBD, VOD)

These are the top pre-market analyst upgrades or positive calls from Wall Street which we have seen early this Wednesday morning:

Arris (ARRS) Started as Overweight at Thomas Weisel.
Ashland (ASH) Raised to Overweight at JPMorgan.
Fairchild Semi (FCS) Raised to Buy at UBS.
GameStop (GME) Started as Buy at Needham.
ON Semiconductor (ONNN) Raised to Buy at UBS.
Raytheon (RTN) Started as Outperform at Morgan Keegan.
Riverbed Technology (RVBD) Started as Overweight at Thomas Weisel.
Vodafone (VOD) Raised to Buy at Goldman Sachs.

JON C. OGG

Top 10 Pre-Market Analyst Calls (AA, ACAS, NLY, ARRS, BYD, CCJ, INTU, ISRG, MCHP, PETM)

These are ten of the analyst calls we are focusing on this Wednesday morning in the early pre-market hours:

  • Alcoa (NYSE: AA) cut to Neutral at JP Morgan.
  • American Capital (NASDAQ: ACAS) started as Neutral at Robert W. Baird.
  • Annaly Mortgage (NYSE: NLY) cut to Neutral at JPMorgan.
  • Arris (NASDAQ: ARRS) cut to Perform at Oppenheimer.
  • Boyd Gaming (NYSE: BYD) raised to Neutral at Banc of America.
  • Cameco (NYSE: CCJ) raised to Buy at UBS.
  • Intuit (NASDAQ: INTU) started as Neutral at Goldman Sachs.
  • Intuitive Surgical (NASDAQ: ISRG) started as Outperform at William Blair.
  • Microchip (NASDAQ: MCHP) cut to Neutral at JPMorgan.
  • PETsMART (NASDAQ: PETM) raised to Overweight at JPMorgan.

Jon C. Ogg
June 11, 2008

The 52-Week Low Club (AMLN, ARRS, AU, ED, GCI, IACI, IUSA, PCG, SLRY)

Amylin Pharmaceuticals Inc. (NASDAQ: AMLN) is becoming a regular in this club. Yet another low of $28.02 intraday from a high of $53.25. It actually closed at $28.62, so it closed above the prior $28.41 low.

Arris Group Inc. (NASDAQ: ARRS). After an 86% drop in profit, shares plunge, targets are cut, and analysts downgrade, Arris lost 30% today and closed down at $5.50 from a former low of $6.91. The 52 week high is $17.89.

AngloGold Ashanti Ltd. (NYSE:AU)  A gold stock on the 52-week lows? Power issues prevail over high commodity prices… ouch! Trading at $33.75. The 52 week range is $33.80 to $51.35.

Consolidated Edison Inc. (NYSE:ED). $10 million lawsuit in the working from a mid-summer accident. Shares  down to $42.40, but $41.96 was the intraday low. The 52 week range is $42.35 to $52.90.

Gannett Co., Inc. (NYSE: GCI). It’s amazing when even a Warren Buffet stake won’t help a newspaper. Shares down to $31.90, prior 52-week range $31.97 to $63.50.

IAC/InteractiveCorp. (NASDAQ: IACI) has been under review for our special situations letter, although it has not yet been added with any formal recommendations. Shares actually closed up marginally at $21.88 after falling down to a low of $21.56; with a 52 week range of $21.80 to $52.90.

infoUSA Inc. (NASDAQ: IUSA) With such a lame Super Bowl commercial, what else could one ask for? Trading in at $7.82, but it traded as low as $7.50 today; preior range was $7.76 to $11.30.  We recently panned this one for our "10 Stocks Under $10" letter ahead of the big game.

PG & E Corp. (NYSE: PCG). As a reward for awards for environmental stewardship, this utility is given a new low. Trading at $39.85 it closed up marginally at the end of the day, but it saw $39.19 earlier today; 52-week trading range is $39.45 to $52.17.

Salary.com, Inc. (NASDAQ: SLRY).  We featured Salary.com on our "10 Stocks Under $10" letter as one of the worst ideas for an IPO of internet stocks and having potentially a fair value of $5 to $6 per share. Today, it reached a new low of $8.00 after a late morning nose-dive before coming back to close "only" down 2.8% at $8.32. The prior 52-week range was $8.31 to $16.32.

Douglas A. Mcintyre
February 15, 2008

Top 10 Pre-Market Analyst Calls (ADCT, ARRS, EL, FLML, GERN, HD, LOW, MCD, MEDX, NOVL, NMX, DIS)

These are not the only pre-market analyst calls that are moving stocks, but these are the calls that 247WallSt.com is focusing on:

  • ADC Telecom (NASDAQ: ADCT) and Arris (NASDAQ: ARRS) raised to Buy at UBS.
  • Estee Lauder (NYSE: EL) raised to Buy at UBS.
  • Flamel (NASDAQ: FLML) raised to But at Merriman Curhan Ford.
  • Geron (NASDAQ: GERN) raised to Buy at UBS.
  • Home Depot (NYSE: HD) and Lowe’s (NYSE: LOW) started as Market Perform at Morgan Keegan.
  • McDonald’s (NYSE: MCD) downgraded to Peer Perform at Bear Stearns.
  • Medarex (NASDAQ: MEDX) started as Buy at UBS.
  • Novell (NASDAQ: NOVL) raised to Buy at Jefferies.
  • NYMEX (NYSE: NMX) downgraded to Hold at Citigroup.
  • Walt Disney (NYSE: DIS) downgraded to Sell at Citigroup.

Jon C. Ogg
January 29, 2008

52-Week Low Club: Transport, Semiconductors & Financials (January 2, 2008)

Truckers led the drop after a fake $100 oil print and after a YRC Worldwide (NASDAQ: YRCW) acquisition write-down, pulling down Arkansas Best (NASDAQ: ABFS) and others.  With no surprise, airlines followed suit with Airtrain (AAI), AMR Corp. (NYSE: AMR), Continental Airlines (NYSE:CAL), Delta (NYSE: DAL), FedEx (FDX), Jetblue (NASDAQ:JBLU), Mesa Air (NASDAQ: MESA), Northwest Air (NYSE: NWA), Southwest Airlines (NYSE:LUV), US Air (NYSE: LCC).

Chip and tech stocks on 52-week lows: AMAT, AMD, ADTN, ARRS, ATML, BBND, CHRT, FCS, FEIC, IDTI, IM, KLAC, KLIC, LRCX, LSCC, LSI, MCRL, MRVL, MU, NSM, STM, TER, XLNX

Financial Giants on 52-Week lows: BAC, BBT, BSC, CYN, DFG, EFX, FIC, FITB, FHN, MCO, NCC, PNSN, SNV, SBP, WFC, ZION.

We kept the REIT’s and the usual suspects in retail off the list that have been here day in and day out (although many hit new 52-week lows).  Here is the huge list of others 52-week lows:

  • Automatic Data (ADP), Cardinal Health (CAH), Career Education (CECO), Diebold (NYSE: DBD), EchoStar (DISH), Superior Offshore (DEEP), Dow Chemical (DOW), Eastman Kodak (EK), Emmis (EMMS), Ford (F), Fortune Brands (FO), General Motors (GM), Hasbro (HAS), Helen of Troy (HELE), Interpublic (IPG), Mattel (MAT), McClatchy (MNI), Media General (MEG), Nortel Networks (NT), Owens Corning (OC), Paychex (OPAYX), PHH Corp. (PHH), Playboy (PLA), Radio Shack (RSH), Rite Aid (RAD), Sherwin Williams (SHW), Sprint Nextel (S), Starbucks (SBUX), Starwood Hotels (HOT), Sun Microsystems (JAVA), Symantec (SYMC), Travelzoo (TZOO), VF Corp (VFC), Warner Music Group (WMG), Waste Management (WMI), Weight Watchers (WTW), Wendy’s (WEN)

Imagine how large this list would have been if retailers and REIT’s were included.
Jon C. Ogg
January 2, 2008

Pre-Market Analyst Calls (September 25, 2007)

ACLI cut to Hold at Cantor Fitzgerald.
ARRS cut to Mkt Perform at FBR.
BKR cut to Neutral at Oppenheimer.
BRCM cut to Mkt Perform at FBR.
BZH started as Sell at UBS.
CAKE started as Outperform at Credit Suisse.
CCBL cut to Mkt Perform at FBR.
CKR started as Outperform at Credit Suisse.
CSG cut to Underperform at Bear Stearns.
CTX started as Buy at UBS.
DF cut to Peer PErform at Bear Stearns.
DHI started as Sell at UBS.
EMC started as Buy at B of A.
EMC started as Buy at Jefferies.
FLWS raised to Outperform at CIBC.
GOL raised to Neutral at JPMorgan.
GYI started as Sector Perform at CIBC.
HOV started as Neutral at UBS.
JBX started as Outperform at Credit Suisse.
K cut to Peer PErform at Bear Stearns.
KBH started as Buy at UBS.
LEN started as Sell at UBS.
MCD started as neutral at Credit Suisse.
MMC cut to Neutral at JPMorgan.
MTH started as Neutral at UBS.
NILE started as Sector Perform at CIBC.
NTAP started as Neutral at Bank of America.
NVDA started as Neutral at UBS.
PACR cut to Neutral at JPMorgan.
PFCB started as Underperform at Credit Suisse.
PHM started as Sell at UBS.
RHT started as Sector Perform at RBC.
RT started as Outperform at Credit Suisse.
RYL started as Neutral at UBS.
SNIC raised to Overweight at JPMorgan.
SPF started as Sell at UBS.
TAM raised to Neutral at JPMorgan.
TXRH started as Outperform at Credit Suisse.
WON raised to Buy at Deutsche Bank.

Jon C. Ogg
September 25, 2007