Posts for Ticker ‘ATHN’

Top 10 Analyst Upgrades & Downgrades (ATK, CELG, NTAP, NVLS, WMT, ATHN, ARNA, BK, GENZ, Q)

These are the top 10 analyst upgrades, downgrades, and initiations we have seen early this Monday morning:

Alliant Techsystems (ATK) Started as Buy at Jefferies.
Celgene (CELG) raised to Outperform at R.W.Baird.
NetApp (NTAP) raised to Conviction Buy List at Goldman Sachs
Novellus (NVLS) Raised to Outperform at Credit Suisse.
Wal-Mart (WMT) Started as Overweight at HSBC.
Athenahealth (ATHN) started as Sell at Citigroup.
Arena Pharmaceuticals (ARNA) cut to Market Perform at Leerink Swann.
Bank of New York Mellon (BK) Cut to Neutral at Goldman Sachs.
Genzyme (GENZ) Cut to Perform at Oppenheimer.
Qwest (Q) Cut to Conviction Sell List, but was already a Sell, at Goldman Sachs.

JON C. OGG

Posted on: September 21, 2009 – 8:21 am in Analyst Calls, , , , , , , , , ,

Top Analyst Downgrades (ATHN, SCHW, FPL, GENZ, IMAX, SONC)

These are this Friday’s top analyst downgrades and cautious research calls we have seen from Wall Street firms:

athenahealth (ATHN) Cut to Sell at Auriga.
Charles Schwab (SCHW) Cut to Sell at Goldman Sachs.
FPL Group (FPL) Started as Underweight at Morgan Stanley.
Genzyme (GENZ) Cut to Hold at Deutsche Bank.
IMAX (IMAX) Cut to Buy at Merriman Curhan Ford.
Sonic (SONC) Cut to Underweight at Piper Jaffray.

JON C. OGG

Posted on: September 18, 2009 – 8:07 am in Analyst Calls, , , , , ,

Top 10 Analyst Upgrades and Downgrades (ATHN, CMO, CYOU, CTXS, EBAY, LOGI, NTAP, SANM, SNDA, VMW)

These are the top ten analyst upgrades and downgrades we have seen from Wall Street this Thursday morning:

AthenaHealth (ATHN) Started as Buy at Maxim.
Capstead Mortgage (CMO) Cut to Market Perform at KBW.
Changyou.com (CYOU) Cut to Neutral at Susquehanna.
Citrix Systems (CTXS) Cut to Hold at Needham.
eBay (EBAY) Raised to Outperform at RBC.
Logitech (LOGI) Cut to Neutral at UBS.
Network Appliance (NTAP) Raised to Overweight at Piper Jaffray.
Sanmina-SCI (SANM) Raised to Neutral at Credit Suisse.
Shanda Interactive (SNDA) Cut to Negative at Susquehanna.
VMware (VMW) Raised to Buy at Needham.

Jon C. Ogg
July 23, 2009

Posted on: July 23, 2009 – 7:19 am in Analyst Calls, , , , , , , , , ,

Top Analyst Downgrades (ATHN, CNQR, NOA, TIN, UNH, VPRT)

These are the top pre-market analyst downgrades or cautious calls we are seeing from Wall Street firms early this Thursday morning with more than two hours until the market opens:

Athenahealth (ATHN) Started as Hold at Auriga.
Concur Tech (CNQR) Cut to Neutral at Piper Jaffray.
North American Energy (NOA) Cut to Market Perform at Raymond James.
Temple-Inland (TIN) Cut to Neutral at UBS.
UnitedHealth (UNH) Cut to Underperform at Oppenheimer.
Vistaprint (VPRT) Cut to Hold at Citigroup.

JON C. OGG

Posted on: June 11, 2009 – 6:34 am in Analyst Calls, , , , , ,

Top Analyst Upgrades (ATHN, BPSG, FWRD, JDAS, MRVL, MWA, SWY, STT)

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

athenahealth (ATHN) Raised to Outperform at Blair.
Broadpoint Securities (BPSG) Started as Outperform at KBW.
Forward Air (FWRD) Raised to Buy at KeyBanc.
JDA Software (JDAS) Started as Outperform at JMP Securities.
Marvell (MRVL) Raised to Outperform at JMP Securities.
Mueller Water (MWA) Raised to Perform at Oppenheimer.
Safeway (SWY) Raised to Buy at Jefferies.
State Street (STT) Started as Outperform at Bernstein.

JON C. OGG

Posted on: June 9, 2009 – 6:39 am in Analyst Calls, , , , , , , ,

Top Analyst Downgrades & Cautious Calls (ATHN, ETFC, LM, MICC, TKC, AMTD, YUM)

These are the top pre-market analyst downgrades or cautious notes we have seen early this Thursday morning from Wall Street brokerage firms with more than two hours until the market opens:

Athenahealth (ATHN) Started as Neutral at Baird.
E*TRADE (ETFC) Started as Hold at Deutsche Bank.
Legg Mason (LM) Started as Sell at Deutsche Bank.
Millicom (MICC) Cut to Equal Weight at Morgan Stanley.
Turkcell (TKC) Cut to Equal Weight at Morgan Stanley.
TD Ameritrade (AMTD) Started as Hold at Deutsche Bank.
YUM! Brands (YUM) Started as Hold at Jefferies.

Jon C. Ogg

Posted on: June 4, 2009 – 6:12 am in Analyst Calls, , , , , , ,

Top Analyst Upgrades & Downgrades (ATHN, ARUN, FAS, CVLT, DEO, NE, RDC, ZUMZ)

These are some of the top pre-market analyst calls from Wall Street we have seen early this Friday morning:

Athenahealth (ATHN) Cut to Sell at UBS.
Aruba Networks (ARUN) Raised to Buy at Jefferies; Raised to Overweight at JPMorgan.
Chico’s FAS (FAS) Raised to Buy at SunTrust Robinson Humphrey.
CommVault Systems (CVLT) Cut to Hold at KeyBanc.
Diageo plc (DEO) Raised to Neutral at JPMorgan.
Noble Corp. (NE) Raised to Buy at Deutsche Bank.
Rowan Cos. (RDC) Raised to Buy at Deutsche Bank.
Zumiez (ZUMZ) Cut to Neutral at Baird.

JON C. OGG
MAY 22, 2009

Posted on: May 22, 2009 – 6:40 am in Analyst Calls, , , , , , , ,

Top 10 Pre-Market Analyst Calls (ATHN, BBBY, CNQ, CCU, COCO, EL, ESI, CRM, PCU, URBN)

Below are the top analyst calls we are focusing on this Wednesday morning in pre-market trading:

  • AthenaHealth (NASDAQ: ATHN) started as Outperform at JMP Securities.
  • Bed Bath & Beyond (NASDAQ: BBBY) cut to Sell at Piper Jaffray.
  • Canadian Natural Resources (NYSE: CNQ) raised to overweight at Lehman Brothers.
  • Clear Channel (NYSE: CCU) cut to Hold at Stanford Research.
  • Corinthian Colleges (NASDAQ: COCO) cut to Neutral at Piper Jaffray
  • Estee Lauder (NYSE: EL) cut to Sell at Piper Jaffray.
  • ITT Educational (NYSE: ESI) cut to Neutral at Piper Jaffray.
  • Salesforce.com     (NYSE: CRM) cut to Market Perform at Bernstein.
  • Southern Copper (NYSE: PCU) started as Sell at Citigroup.
  • Urban Outfitters (NASDAQ: URBN) cut to Neutral at Piper Jaffray.

Jon C. Ogg
April 9, 2008

Jon Ogg produces the Special Situation Investing Newsletter.  He can be reached at jonogg@247wallst.com and he does not own securities in the companies he covers.

Posted on: April 9, 2008 – 6:59 am in Analyst Calls, , , , , , , , , ,

IPO’s That More Than Doubled in 2007 (JASO, YGE, MELI, VMW, LULU, MASI, RCH, APEI, ATHN, DM)

247WallSt.com wanted to bring a list of the best and worst in IPO’s for 2007.  We already gave a list of the large money losing IPO leaders of 2007 and this list should show you which of the recent IPO’s that are up more than 100% so far since the IPO pricing. 

  • JA Solar Holdings (NASDAQ:JASO) Feb. 6 at $15.00; recently $75.43 or +402%.
  • Yingli Green Energy Holding (NYSE:YGE) June 7 at $11.00; recently $40.09 or +264.4%.   
  • Mercadolibre Inc. (NASDAQ:MELI) Aug. 9 at $18.00; recently $60.40 or +235.5%.
  • VMware (NYSE:VMW) Aug. at $29; recently $88.71 or +202%.
  • Lululemon Athletica (NASDAQ:LULU) July 26 at $18.00; recently $49.16 or +173.1%.   
  • Masimo Corp. (NASDAQ:MASI) Aug. 7 at $17.00; recently $41.37 or +143.3%.   
  • China Architectural (NYSE: RCH) Sept. 28 at $3.50; recently $8.45 or +141.4%.
  • American Public Education (NASDAQ:APEI) Nov. 8 at $20.00; recently $44.00 or +120%.   
  • Athenahealth Inc (NASDAQ:ATHN) Sept. 19 at $18.00; recently $38.37 or +113.1%.   
  • Dolan Media (NYSE: DM) Aug. 1 at $14.50; recently $29.80 or +105.5%.

Join our free email distribution list for previews on IPO’s, spin-off’s, reorganization, restructuring, merger-arb, buyouts, M&A, and more.

Jon C. Ogg
December 26, 2007

Posted on: December 26, 2007 – 8:20 am in HI/LOW, IPOs, , , , , , , , , ,

Cramer’s Overlooked Medical Billing Solutions IPO (ATHN, MDRX, QSII)

athenahealth (NASDAQ:ATHN) is a Web 2.0 version of medical billing, and it is like Allscripts Healthcare Solutions (NASDAQ:MDRX) and Quality Systems Inc. (NASDAQ:QSII).  He likes that the company has very high loyalty and renewal rates and this is a subscription services and this currently has $2 Billion in physician revenue under management that it gets a cut of.  He thinks it can earn $0.74 next year and even with the premium forward earnings multiples that it is actually cheap on a comparable basis to its growth.

Is this really an overlooked IPO?  No.  It came public at $18.00 and closed at $34.07.  He thinks this could go to $40.00 on its own, but also thinks a larger company could acquire it.  He also believes this will get positive analyst coverage soon.  This one ran so much that you cannot think this was overlooked at all.  This may not be that well known to the public, but traders have been playing this one over the last ten trading sessions since its IPO.  Shares rose 8% to $36.80 in after-hours on Cramer’s feature.

Jon C. Ogg
October 3, 2007

Posted on: October 3, 2007 – 5:31 pm in Cramer, IPOs, Medical, , , , ,

Almost 100% IPO Gainer (ATHN)

How long has it been that we saw a fairly small cap IPO more than double on the opening day?  Don’t count the greatest virtualization play out there, because last month it instantly became a large cap stock.

This morning’s IPO, athenahealth, Inc. (NASDAQ:ATHN), came public and shares have roughly doubled today.  The price range was $14.00 to $16.00, but the demand for the deal was a premium and it priced 6.286 million shares at $18.00.  With 10-minutes to the close this was up 90% at $35.60 on more than 8.7 million shares.

This may be the sort of thing the IPO markets have been waiting for, particularly as we have hardly had any real IPO’s over the last month or so.  Here was our brief preview.  After a little ‘lulu’ IPO maybe these companies with all lower case letters in the name are the big trend………

If you are interested in other upcoming IPO’s:
RiskMetrics Group filed for its IPO last night.
MAKO Surgical may be a good fix for the knees.
Turner Investments has filed as an asset manager.
EXCO’s XP is coming out as an oil and gas MLP, great dividend.
Pogo Jet is flying out on its way too, former AMR head runs it.

Jon C. Ogg
September 20, 2007

Posted on: September 20, 2007 – 2:59 pm in IPOs, , ,