Posts for Ticker ‘ASML’

Top 10 Analyst Upgrades, Downgrades, Initiations (ABC, ASML, CAH, CVS, ESRX, INTC, MRVL, MHS, SOLF, TXN)

These are this Thursday’s top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls:

AmerisourceBergen (NYSE: ABC) Started as Buy at UBS.
ASML (NASDAQ: ASML) Cut to Neutral at B of A Merrill Lynch.
Cardinal Health (NYSE: CAH) Started as Buy at UBS.
CVS Caremark (NYSE: CVS) Started as Buy at UBS.
Express Scripts (NASDAQ: ESRX) Started as Buy at UBS.
Intel Corp. (NASDAQ: INTC) Cut to Neutral at B of A Merrill Lynch.
Marvell Technology Group (NASDAQ: MRVL) Cut to Neutral at B of A Merrill Lynch.
MedcoHealth Solutions Inc. (NYSE: MHS) Started as Buy at UBS.
Solarfun (NASDAQ: SOLF) Raised to Outperform at Oppenheimer.
Texas Instruments Inc. (NYSE: TXN) Cut to Neutral at B of A Merrill Lynch.

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JON C. OGG

Posted on: November 19, 2009 – 8:12 am in Analyst Calls, Healthcare, Pre-Market Activity, Technology Companies, Trading Alert, , , , , , , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (ACOR, IP, OPEN, PBR, SPWRA, ASML, LAZ, PETD, TRW, WDC)

These are this morning’s top 10 pre-market analyst upgrades, downgrades, and initiations which we have seen early from Wall Street research firms:

Acorda (NASDAQ: ACOR) Raised to Buy at Merriman Curhan Ford; Raised to Outperform at Baird.
International Paper (NYSE: IP) Started as Outperform at RBC.
OpenTable (NASDAQ: OPEN) Raised to Buy at Citigroup.
PetroBras, or Petrobras Brasileiro (NYSE: PBR) Started as Outperform at Bernstein.
Sunpower (NASDAQ: SPWRA) Raised to Outperform at Baird.
ASML (NASDAQ: ASML) Cut to Sell at Citi.
Lazard (NYSE: LAZ) Cut to Perform at Oppenheimer.
Petroleum Development (NASDAQ: PETD) Cut to Neutral at Sun Trust.
Travelers Cos (NYSE: TRV) Cut To Market Perform at KBW.
Western Digital (NYSE: WDC) Cut to Hold at Stifel Nicolaus.

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

JON C. OGG
OCTOBER 15, 2009

Posted on: October 15, 2009 – 8:27 am in Analyst Calls, , , , , , , , , ,

Top 10 Tech Earnings on Deck (INTC, LLTC, ADTN, XLNX, ASML, IBM, AMD, FCS, GOOG, NOK)

DRAM ImageWe have many key technology stocks reporting earnings this coming week.  Intel Corporation (NASDAQ: INTC) will start things off to give us a read on semiconductors and PCs. Linear Technology Corp. (NASDAQ: LLTC), ADTRAN, Inc. (NASDAQ: ADTN), Xilinx, Inc. (NASDAQ: XLNX), ASML Holding N.V. (NASDAQ: ASML), International Business Machines (NYSE: IBM), Advanced Micro Devices (NYSE: AMD), Fairchild Semiconductor International, Inc. (NYSE: FCS), Google Inc. (NASDAQ: GOOG), and Nokia Corp. (NYSE: NOK) are also all on deck for earnings this week.

We have compiled Thomson Reuters figures for the consensus estimates and appropriate performance data where needed.  We based the comparisons for the June 30 close to see how these have performed in the latest quarter and we also looked for that big inflection date of March 9 to see how much these have rallied from the height of the market panic selling.
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Posted on: October 10, 2009 – 7:35 am in Calendar, Earnings, Technology Companies, , , , , , , , , ,

Top Analyst Downgrades (ARQL, ASML, CSCO, MEDX, MSFT)

These are the top analyst downgrades and cautious research calls we have seen from Wall Street this Thursday morning:

ArQule (ARQL) Cut to Sell at UBS.
ASML (ASML) Cut to Neutral at Piper Jaffray.
Cisco Systems (CSCO) Started as Hold at Argus.
Medarex (MEDX) Cut to Neutral at UBS.
Microsoft (MSFT) Cut to Sell at Argus.

JON C. OGG

Posted on: July 16, 2009 – 7:15 am in Analyst Calls, , , , ,

Top Day Trader Alert Stocks (CIT, DELL, WDC, DDSS, INFY, ASML)

These are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity.  There are links through to more detailed coverage and volume analysis at VSInvestor.com:

CIT Group Inc. (NYSE: CIT) are down about 17 percent in the premarket on reports that the FDIC is unwilling to guarantee CIT’s bond sales.

Dell Inc. (Nasdaq: DELL) is trading higher in the premarket on a Goldman Sachs upgrade ahead of the company’s annual analyst meeting scheduled for July 13 and 14.

Labopharm Inc. (Nasdaq: DDSS) shares are up about 4% in premarket trade. The company expects an approval decision on its depression drug Trazodone OD in coming weeks.

Infosys Technologies Ltd. (Nasdaq: INFY) shares are up following an 8-cent a share EPS beat and higher Q2 guidance.

ASML Holding N.V. (Nasdaq: ASML) shares are down about 2.5 percent ahead of earnings scheduled  for July 15.

-The 24/7 Wall St. Team

Posted on: July 10, 2009 – 8:06 am in Pre-Market Activity, Trading Alert, , , , , ,

Top Analyst Upgrades (ARMH, ASML, BSX, CLX, GR, IFX, LAZ, SKS, SNIC, VICL)

These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Friday morning with more than two hours until the market opens:

ARM Holdings (ARMH) Started as Overweight at Barclays.
ASML Holding (ASML) Started as Overweight at Barclays.
Boston Scientific (BSX) Started as Outperform at Baird.
Clorox (CLX) Raised to Outperform at Oppenheimer.
Goodrich (GR) Started as Outperform at Oppenheimer.
Infineon (IFX) Started as Overweight at Barclays.
Lazard (LAZ) Started as Outperform at Oppenheimer; removed from Goldman Sachs Conviction Buy List.
Saks (SKS) Raised to Buy at Deutsche Bank.
Sonic Solutions (SNIC) Raised to Outperform at William Blair.
Vical (VICL) Started as Overweight at Thomas Weisel.

JON C. OGG

Posted on: June 12, 2009 – 6:31 am in Analyst Calls, , , , , , , , , ,

Analysts Changing Semiconductor Ratings (ALTR, AMCC, ASML, BRCM, LSCC, MRVL, WFR, MU, PMCS, STM, XLNX)

We have seen many semiconductor and circuit calls this morning with upgrades and downgrades from Wall Street analysts.  Here are some of these upgrades and downgrades:

Altera (ALTR) Cut to Underweight at Morgan Stanley.
Applied Micro Circuits (AMCC) Cut to Underweight at Morgan Stanley.
ASML (ASML) Cut to Neutral at Goldman Sachs.
Broadcom (BRCM) Raised to Overweight at Morgan Stanley.
Lattice Semiconductor (LSCC) Cut to Underweight at Morgan Stanley.
Marvell Tech (MRVL) Raised to Overweight at Morgan Stanley.
MEMC (WFR) Raised to Equal Weight at Morgan Stanley.
Micron Technology (MU) Raised to Overweight at Morgan Stanley.
PMC-Sierra (PMCS) Cut to Equal Weight at Morgan Stanley.
STMicroelectronics (STM) Raised to Buy at Goldman Sachs.
Xilinx (XLNX) Cut to Underweight at Morgan Stanley.

JON C. OGG

Posted on: May 18, 2009 – 6:45 am in Analyst Calls, Semiconductor, , , , , , , , , , ,

Top Pre-Market Analyst Upgrades (ABMD, ASML, CBG, EMR, LLTC, MATK, NFLX, PEP)

These are some of the top pre-market analyst upgrades and positive calls which we have seen early this Wednesday morning:

Abiomed (ABMD) Raised to Buy at UBS.
ASML (ASML) Raised to Buy at ING.
CB Richard Ellis (CBG) Raised to Overweight at JPMorgan; Raised to Outperform at JMP.
Emerson Electric (EMR) Cut to Neutral at Goldman Sachs.
Linear TEch (LLTC) Raised to Overweight at Thomas Weisel.
Martek Biosciences (MATK) Started as Buy at Cantor.
Netflix (NFLX) Started as Market Perform at William Blair.
Pepsico (PEP) Raised to Buy at UBS.

JON C. OGG

Posted on: March 25, 2009 – 6:56 am in Analyst Calls, , , , , , , ,

Top Pre-Market Analyst Upgrades (ASML, ATMI, WFR, PALM, PFCB, PRAA, RAH, TXN, WOOF, XEL)

These are some of the top pre-market analyst calls we have seen this Friday morning…. Friday the 13th:

  • ASML (ASML) Raised to Buy at Deutsche Bank.
  • ATMI (ATMI) Raised to Buy at UBS.
  • MEMC Electronics (WFR) Raised to Buy at UBS.
  • Palm (PALM) Started as Outperform at Credit Suisse.
  • PF Chang’s (PFCB) Raised to Outperform at William Blair.
  • Portfolio Recovery Associates (PRAA) Raised to Market Perform at KBW.
  • Ralcorp Holdings (RAH) Raised to Buy at UBS.
  • Texas Instruments (TXN) Raised to Buy at UBS.
  • VCA Antech (WOOF) Raised to Hold at Jefferies.
  • Xcel Energy (XEL) Started as Outperform at Wachovia.

Jon C. Ogg
February 13, 2009

Posted on: February 13, 2009 – 7:45 am in Analyst Calls, , , , , , , , , , , , ,

Top Pre-Market Analyst Downgrades (ASML, GSIC, LVLT, NYX, PACR, PBR, PT, QGEN, SAP, TGH)

burning-money-pic7These are this Thursday’s early bird analyst downgrades and negative research calls with more than two hours until the market opens:

ASML (ASML) Cut to Neutral at B of A Merrill Lynch.
GSI Commerce (GSIC) Cut to Hold at Jefferies.
Level 3 Communications (LVLT) Cut to Underweight at JPMorgan.
NYSE Euronext (NYX) Cut to Hold at Citigroup.
Pacer International (PACR) Cut to Underperform at Baird.
Petrobras (PBR) Cut to Hold at Citigroup.
Portugal Telecom (PT) Cut to Underweight at Morgan Stanley.
Qiagen (QGEN) Cut to Neutral at Credit Suisse.
SAP (SAP) Cut to Underperform at FBR.
Textainer (TGH) Cut to Market Perform at Wachovia.

JON OGG

February 12, 2009

Posted on: February 12, 2009 – 7:22 am in Analyst Calls, , , , , , , , , , , ,

Analyst Downgrade Onslaught Continues (ASML, CMG, FORM, GFIG, ICE, KLAC, MSSR, MPEL, MRG, PEET, PRXI, PHM, RGLD, JAVA, TCK, TER, UDR, VNO)

Burning_money_pic_2This morning was a shocker on just how many analyst downgrades and very negative calls were out from Wall Street analysts.  The sad part is this is only part of the onslaught that we are still seeing.

  • ASML (NASDAQ: ASML) Cut to Market Perform at FBR.
  • Chipotle (NYSE: CMG) Cut to Neutral at Piper Jaffray.
  • FormFactor (NASDAQ: FORM) Cut to Market Perform at FBR.
  • GFI Group (NASDAQ: GFIG) Cut to Hold at Deutsche Bank.
  • IntercontinentalExchange (NYSE: ICE) Cut to Hold at Deutsche Bank.
  • KLA-Tencor (NASDAQ: KLAC) Cut to Market Perform at FBR.
  • McCormick & Schmick’s (NASDAQ: MSSR) Cut to Neutral at Piper Jaffray.
  • Melco Crown (NASDAQ: MPEL) Cut to Hold at Deutsche Bank.
  • Morton’s Restaurant Group (NYSE: MRG) Cut to Neutral at Piper Jaffray.
  • Peet’s Coffee & Tea (NASDAQ: PEET) Cut to Neutral at Piper Jaffray.
  • Premier Exhibitions (NASDAQ: PRXI) Cut to Neutral at Merriman Curhan Ford.
  • Pulte Homes (NYSE: PHM) Cut to Neutral at JPMorgan.
  • Royal Gold (NASDAQ: RGLD) Cut to Sector Underperform at CIBC.
  • Sun Microsystems (NASDAQ: JAVA) Cut to Sell from Neutral at Goldman Sachs (added details).
  • Teck (NYSE: TCK) Cut to Neutral at UBS.
  • Teradyne (NYSE: TER) Cut to Market Perform at FBR.
  • UDR Inc. (NYSE: UDR) Cut to Sell at Goldman Sachs.
  • Vornado (NYSE: VNO) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
January 8, 2009

Posted on: January 8, 2009 – 7:29 am in Analyst Calls, , , , , , , , , , , , , , , , , ,

More Analyst Calls (MT, ASML, FSLR, PALM, SBUX, RIMM)

Money_stack_pic_2There are some additional important analyst calls which were not on the early bird list over an hour ago.  Here are some additional upgrades, downgrades, and initiations of new coverage from Wall Street analysts:

  • ArcelorMittal (NYSE: MT) Cut to Neutral from Overweight at JPMorgan.
  • ASML (NASDAQ: ASML) Raised to Buy at Goldman Sachs (may be yesterday call)
  • First Solar (NASDAQ: FSLR) Started as Buy at Jefferies.
  • Palm (NASDAQ: PALM) Raised to Hold from Sell at Needham.
  • Starbucks (NASDAQ: SBUX) Started as Hold at Jefferies.

Research in Motion (NASDAQ: RIMM) has seen its price target cut by several more firms this morning after yesterday’s earnings, including Raymond James and UBS.  TD in Canada raised the stock to its "Action Buy List" from just a normal BUY rating.

Top Analyst Upgrades & Downgrades (BKD, SNH, AMZN, AAUK, CENX, EBAY, PRGS)

Jon C. Ogg
December 19, 2008

Posted on: December 19, 2008 – 8:34 am in Analyst Calls, , , , , ,

Top Pre-Market Analyst Upgrades & Downgrades (ACN, ACL, BHP, PGI, ASML, IPAR, ITRN, STM)

It is looking fairly quiet on the analyst research front this Monday morning.  Here are today’s early bird upgrades and downgrades from Wall Street analysts:

  • Accenture (ACN) Raised to Buy at SocGen.
  • Alcon (ACL) Raised to Outperform at Wachovia.
  • BHP Billiton (BHP) reinitiated as Buy at SocGen.
  • Premiere Global Services (PGI) Raised to Outperform at Oppenheimer.
  • ASML Holding N.V. (ASML) Started as Underperform at Jefferies.
  • Inter Parfums, Inc. (IPAR) Cut to Neutral at HSBC.
  • Ituran Location and Control, Ltd. (ITRN) Cut to Neutral at JPMorgan.
  • STMicro (STM) Cut to Sell at SocGen; targets cut at JPMorgan and UBS as well.

Jon C. Ogg
December 1, 2008

Posted on: December 1, 2008 – 7:20 am in Analyst Calls, , , , , , , ,

Earlybird TMT Analyst Calls (ADBE, AEIS, ASML, CLWR, DT, LRCX, MVL, TI, VRGY, YHOO)

These are the early bird calls we are seeing in telecom, media, and tech:

  • Adobe Systems (NASDAQ: ADBE) raised to Overweight from Equal Weight at Morgan Stanley.
  • Advanced Energy Industries (NASDAQ: AEIS) raised to Buy from neutral at Goldman Sachs.
  • ASML Holding NV (ASML) Raised to Buy from Neutral at Goldman Sachs, but slight lowering of estimates.
  • Clearwire (NASDAQ: CLWR) raised to Hold from Sell at at Citigroup.
  • Deutsche Telekom (NYSE: DT) raised to Overweight from Equalweight, but target cut to EUR13 from EUR 14.50.
  • Lam Research (NASDAQ: LRCX) raised to Goldman Sachs Conviction Buy List from Sell at Goldman Sachs.
  • Marvel Enterprises (NYSE: MVL) raised to Outperform at RBC.
  • Telecom Italia (NYSE: TI) raised to Outperform at Bernstein.
  • Verigy (NASDAQ: VRGY) removed from Goldman Sachs Conviction Buy List on valuation.
  • Yahoo! (NASDAQ: YHOO) Downgraded to Underweight from Market Weight at Thomas Weisel.

Jon C. Ogg
June 24, 2008

Posted on: June 24, 2008 – 6:25 am in Analyst Calls, Internet, Media, Technology Companies, Telecom, , , , , , , , , ,

ASML Falls In Silicon Earnings Soup (ASML)

Chip-equipment supplier ASML Holding NV (NASDAQ: ASML) is seeing shares under pressure after it posted earnings out of The Netherlands this morning.  ASML posted flat results with a net profit of some 206 million Euro’s or about $302.9 million in currency conversions.  Sales were 973 million Euro’s or about $1.4 Billion after currency conversions.

The company is also cautious ahead and is not forecasting growth of lithography machines this quarter.  Its CEO Eric Meurice noted that independent market researchers still see gains in 2008 but it is awaiting confirmation via levels of bookings in Q1 and Q2. This is despite the fact that the belief is there that customers need ASML’s new products, and the company’s backlog fell a few percentage points down to 1.7 Billion Euros (from 1.77 Billion).

Shares of ASML are trading down 12.2%at $24.18 pre-market on fairly thin volume in the U.S., although shares were down 11% on more active trading overseas.  This level at least in the U.S. will represent a new 52-week low that hasn’t actually been seen since August 2006.   

Jon C. Ogg
January 16, 2008

Posted on: January 16, 2008 – 7:33 am in Earnings, Semiconductor,

Top 10 Pre-Market Analyst Calls (CS, DB, UBS, ASML, IFX, PHG, ETFC, FCEL, MHK, PLUG, TMX, VLO, WNR)

These are not teh only impact analyst calls today impacting stocks, but these are the key calls that 24/7 Wall St. is focusing on.  This isn’t exactly 10 if you look at the bullet points, but that is because some of the research calls are multi-stock calls:

  • BEAR STEARNS Downgrades key European investment banking names: Credit Suisse (CS) and Deutsche Bank (DB) both downgraded to Underperform from Peer Perform ratings; UBS AG downgraded from Outperform to Peer Perform rating.
  • EU CHIP & TECH: ASML Holdings (ASML), Infineon (IFX), and Royal Philips Electronics (PHG) all started as Buy at UBS.
  • E*Trade (ETFC) downgraded to Market Perform from Outperform at BMO Capital Markets; Credit Suisse cut its price target to $4.00; Goldman Sachs cautions that a takeover is unlikely near-term..
  • Fuel Cell (FCEL) started as Overweight at JPMorgan.
  • Plug Power (PLUG) started as Underweight at JPMorgan.
  • Telmex (TMX) raised to Neutral at JPMorgan.
  • Valero (VLO) & Western Refining (WNR) were both raised to Buy at Banc of America.  Mohawk (MHK) downgraded to Sell from Neutral at Banc of America.

Jon C. Ogg
November 30, 2007

Posted on: November 30, 2007 – 9:06 am in Analyst Calls, , , , , , , , , , , , ,

Applied Materials: What To Expect From Earnings (AMAT, KLAC, NVLS, LRCX, ASML)

AppliedMaterials (NASDAQ:AMAT) reports earnings today after the close and First Call estimates are still $0.32 EPS and$2.53 Billion in revenues.  Next quarter is also its fiscal year-endand analysts expect it to post $0.30 EPS on revenues of $2.46 Billion for the quarter.

Analysts are mixed on the stock, but average targets from analystsare between $24.00 and $25.00. The chart had been quite hard to notnotice last week when the market was in turmoil, but shares have given up a little more ground.  Last week we noted how the stock hadn’t gotten thedown market memo, because it has been in an up-trend and its shares were down only about 3% from recent highs of $23.00.  Shares are lower and closer to $21.50 now.  That recent$23.00 high is within 10% of a 5-year high.  On a static basis, option trader expectations late morning appear to bracing for a move only $0.40 to $0.55 depending on which contract you use.  Keep in mind that with a Friday options expiration the time value will erode rapidly.

Interestingly enough, one of the things that has been helpingApplied out is its new and upcoming solar operations.  After a coupleof recent solar and silicon related purchases and with the extracapacity that Applied has in its capacity arsenal, this solar operationis becoming a business that has the potential of becoming a dominantplayer in the coming years.  It is even feasible that this could becomeits own entity to unlock shareholder value down the road, although thatis far too soon to predict or target.

Bets have been that despite a weak cap-ex market that it willchange or at least not deteriorate.  Themain US chip equipment and cap-ex names to watch for secondary movementare KLA-Tencor (NASDAQ:KLAC), Novellus (NASDAQ:NVLS), LAM Research(NASDAQ:LRCX), and ASML Holdings NV (NASDAQ:ASML) in Europe.

Jon C. Ogg
August 14, 2007

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

               

Posted on: August 14, 2007 – 9:59 am in Earnings, Semiconductor, , , , , ,

Previewing Applied Materials Earnings; They Didn’t Get The Down Market Memo (AMAT, KLAC, NVLS, LRCX, ASML)

Applied Materials (NASDAQ:AMAT) reports on Tuesday, August 14.  This will be interesting for chip equipment stocks as this is the largest chip equipment stock out there, but the main reason this will be even more interesting than normally is thatthis has held up incredibly well in what has become quite a crummy stock market.  As of today, First Call estimates are $0.32 EPS and $2.53 Billion in revenues.  Next quarter is also its fiscal year-end and analysts expect it to post $0.30 EPS on revenues of $2.46 Billion. 

Analysts are mixed on the stock, but average targets from analysts are between $24.00 and $25.00. The chart has been quite hard to not notice.  Bets have been that despite a weak cap-ex market that it will change or at least not deteriorate.  The stock so far hasn’t gotten the down market memo, because it has been in an up-trend and its shares are just down about 3% from recent highs of $23.00.  In fact, that recent $23.00 high is within 10% of a 5-year high.  We are not going to comment on option trader expectations today because of the volatile market and time value compression with options expiration being next Friday.

Interestingly enough, one of the things that has been helping Applied out is its new and upcoming solar operations.  After a couple of recent solar and silicon related purchases and with the extra capacity that Applied has in its capacity arsenal, this solar operation is becoming a business that has the potential of becoming a dominant player in the coming years.  It is even feasible that this could become its own entity to unlock shareholder value down the road, although that is far too soon to predict or target.

Outside of almost everyone in the chip equipment sub-sector, the main US chip equipment and cap-ex names to watch for secondary movement are KLA-Tencor (NASDAQ:KLAC), Novellus (NASDAQ:NVLS), LAM Research (NASDAQ:LRCX), and ASML Holdings NV (NASDAQ:ASML) in Europe.

Jon C. Ogg
August 10, 2007

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

Posted on: August 10, 2007 – 12:36 pm in Earnings, Semiconductor, , , , , ,

Pre-Market Analyst Calls (June 7, 2007)

ASML raised to Outperform at Bernstein.
CENT cut to Neutral at B of A.
COBZ raised to Outperform at KBW.
DCP raised to Outperform at CIBC.
DGX raised to Buy at UBS.
ECL raised to Buy at Jefferies.
FNM raised to Outperform at FBR.
GD raised to Overweight at Lehman.
HC raised to Overweight at JPMorgan.
IFX raised to Mkt Perform at Bernstein.
IO started as Buy at Jefferies.
KBR started as Outperform at Credit Suisse.
MHS raised to Buy at UBS.
MKC raised to Outperform at Bear Stearns.
OPTM started as Sector Perform at CIBC.
OREX started as Overweight at JPMorgan.
PDLI cut to Mkt Perform at Wachovia.
PG cut to Equal Weight at Lehman.
RDWR raised to Outperform at CIBC.
VOLV cut to Underweight at JPMorgan.
VRUS started as Outperform at JMP Securities.

Jon C. Ogg
June 7, 2007

Posted on: June 7, 2007 – 6:41 am in Analyst Calls, , , , , , , , , , , , , , , , , , , , ,