24/7 Wall St. » ATML

Top Analyst Upgrades & Downgrades (AXP, ATML, BLK, CVX, CLR, EPR, EQR, FTE, HBC, JNPR, LEN, LECO, MWE, MSFT, OAS, SVU)

Administrator — Thu, 12 Jan 2012 13:29:11 +0000

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

American Express Co. (NYSE: AXP) Reiterated Buy with $60 target at Argus.
Atmel Corporation (NASDAQ: ATML) Maintained Buy but cut target to $11 at Canaccord Genuity.
BlackRock Inc. (NYSE: BLK) Started as Buy at UBS.
Chevron Corporation (NYSE: CVX) Maintained Outperform but cut earnings estimates at Credit Suisse.
Continental Resources (NYSE: CLR) Cut to Hold with $79 target at Canaccord Genuity.
Entertainment Properties Trust (NYSE: EPR) Cut to Neutral at JPMorgan.
Equity Residential (NYSE: EQR) Cut to Neutral at JPMorgan.
France Telecom SA (NYSE: FTE) Cut to Underweight at JPMorgan.
HSBC Holdings PLC (NYSE: HBC) Cut to Underperform at BofA/ML.
Juniper Networks Inc. (NYSE: JNPR) Cut to Hold at Argus.
Lennar Corporation (NYSE: LEN) Cut to Market Perform at KBW.
Lincoln Electric Holdings, Inc. (NASDAQ: LECO) named as Value stock of the day at Zacks.
MarkWest Energy Partners (NYSE: MWE) named as Bull of the Day at Zacks.
Microsoft Corporation (NASDAQ: MSFT) Maintained Outperform but cut target to $34 from $35 at Credit Suisse; Maintained Hold and lowered estimates at Argus.
Oasis Petroleum (NYSE: OAS) Cut to Hold with $32 target at Canaccord Genuity.
SUPERVALU Inc. (NYSE: SVU) Maintained Neutral but cut target to $7 from $10 at Credit Suisse.

JON C. OGG

Filed under: Analyst Calls Tagged: ATML, AXP, BLK, CLR, CVX, EPR, EQR, FTE, HBC, JNPR, LECO, LEN, MSFT, MWE, OAS, SVU

Top Analyst Upgrades & Downgrades (AAPL, ATML, BAC, CSIQ, CSCO, KO, CY, FNSR, ISRG, JDSU, MON, POL, RVBD, USM, VMW, YOKU)

Administrator — Wed, 20 Jul 2011 12:09:32 +0000

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

Apple Inc. (NASDAQ: AAPL) Reiterated Outperform and $500 target at Credit Suisse; Reiterated Buy and raised target to $460 at Argus; Reiterated Buy and $515 target at BofA/ML.
Atmel Corporation (NASDAQ: ATML) Reiterated Buy with $17 target at Gleacher.
Bank of America Corporation (NYSE: BAC) Reiterated Hold at Argus.
Canadian Solar Inc. (NASDAQ: CSIQ) Cut to Hold at Canaccord Genuity.
Cisco Systems Inc. (NASDAQ: CSCO) Reiterated Buy with $24 target at Argus.
Cypress Semiconductor Corporation (NYSE: CY) Reiterated Neutral with $23 target at Gleacher.
The Coca-Cola Co. (NYSE: KO) Reiterated Buy and raised target to $78 at BofA/ML.
Finisar Corporation (NASDAQ: FNSR) Started as Overweight at Morgan Stanley.
Intuitive Surgical, Inc. (NASDAQ: ISRG) Raised to Buy at Goldman Sachs.
JDS Uniphase Corporation (NASDAQ: JDSU) Started as Equal-Weight at Morgan Stanley.
Monsanto Co. (NYSE: MON) Raised to Outperform as Bull of the Day at Zacks; Added to Conviction Buy List at Goldman Sachs.
PolyOne Corporation (NYSE: POL) Reiterated Buy as Value at Zacks.
Riverbed Technology, Inc. (NASDAQ: RVBD) Raised to Outperform at Baird; Reiterated Neutral and cut target to $37 at BofA/ML.
US Cellular (NYSE: USM) Cut to Underperform as Bear of the Day at Zacks.
VMware Inc. (NYSE: VMW) Raised to Neutral at Credit Suisse; Reiterated Buy and raised target to $128 at BofA/ML.
Youku.com Inc (NYSE: YOKU) Started as Neutral at Susquehanna.

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: AAPL, ATML, BAC, CSCO, CSIQ, CY, FNSR, ISRG, JDSU, KO, MON, POL, RVBD, USM, VMW, YOKU

Top Analyst Upgrades & Downgrades (AAPL, ATML, CTXS, CMI, ENZN, HD, HBC, PFCB, PLD, RSH, RS, RIMM, SCCO, S, TXN, XLNX)

Administrator — Tue, 07 Jun 2011 12:17:09 +0000

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

Apple Inc. (NASDAQ: AAPL) Reiterated Buy with $415 target at Argus; Reiterated Buy and raised target to $485 at Canaccord Genuity.
Atmel Corporation (NASDAQ: ATML) Reiterated Buy with $17 target at Gleacher & Co.
Citrix Systems, Inc. (NASDAQ: CTXS) Cut to Underweight at JPMorgan after being raised to Outperform as Bull of the Day on Monday by Zacks.
Cummins Inc. (NYSE: CMI) Maintained Outperform as Bull of the Day at Zacks.
Enzon Pharmaceuticals Inc. (NASDAQ: ENZN) Cut to Underperform as Bear of the Day at Zacks.
The Home Depot, Inc. (NYSE: HD) Started as Overweight at Barclays.
HSBC Holdings (NYSE: HBC) Cut to Neutral at Credit Suisse.
P.F. Chang’s China Bistro (NASDAQ: PFCB) Raised to Neutral at Credit Suisse.
ProLogis (NYSE: PLD) Raised to Buy at BofA/ML.
RadioShack Corp. (NYSE: RSH) Started as Underweight at Barclays.
Reliance Steel & Aluminum Company (NYSE: RS) Maintained Strong Buy as Value at Zacks.
Research In Motion Limited (NASDAQ: RIMM) Cut to Market Perform at Morgan Keegan.
Southern Copper Corp. (NYSE: SCCO) Cut to Hold at Citi.
Sprint Nextel Corp. (NYSE: S) Cut to Sell at Stifel Nicolaus.
Texas Instruments Inc. (NYSE: TXN) Reiterated Buy with $43 target at Gleacher & Co.
Xilinx Inc. (NASDAQ: XLNX) Raised to Neutral at Goldman Sachs.

JON C. OGG

Filed under: Analyst Calls Tagged: AAPL, ATML, CMI, CTXS, ENZN, HBC, HD, PFCB, PLD, RIMM, RS, RSH, S, SCCO, TXN, XLNX

Top Analyst Upgrades & Downgrades (ATML, CMA, CBRL, DNDN, DV, EDMC, GIS, GFI, IPSU, JNS, LPS, MTL, MHS, MPEL, QLTY, SIG, SIRI, VG, ZUMZ)

Administrator — Thu, 02 Jun 2011 12:07:27 +0000

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

Atmel Corporation (NASDAQ: ATML) Reiterated Buy and $17 target at Gleacher & Co.
Comerica Incorporated (NYSE: CMA) Reiterated Buy at BofA/ML.
Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL) Cut to Hold at Argus.
Dendreon Corporation (NASDAQ: DNDN) Started as Buy at Goldman Sachs.
DeVry, Inc. (NYSE: DV) Raised to Buy at BofA/ML.
Education Management Corporation (NASDAQ: EDMC) Raised to Neutral at BofA/ML.
General Mills, Inc. (NYSE: GIS) Cut to Neutral at UBS.
Gold Fields Ltd. (NYSE: GFI) Raised to Overweight at Morgan Stanley.
Imperial Sugar Co. (NASDAQ: IPSU) Raised to Buy with $30 target at Janney Capital.
Janus Capital Group Inc. (NYSE: JNS) Reiterated Underperform but cut target to $11 at BofA/ML.
Lender Processing Services, Inc. (NYSE: LPS) Cut to Underperform as Bear of the Day at Zacks.
Mechel OAO (NYSE: MTL) Started as Buy at UBS.
Medco Health Solutions Inc. (NYSE: MHS) Reiterated Buy with $69 target at Argus.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) Reiterated Buy and raised target to $13.30 at Citigroup.
Quality Distribution Inc. (NASDAQ: QLTY) Started as Neutral at Credit Suisse.
Signet Jewelers Limited (NYSE: SIG) Maintained Strong Buy as Value at Zacks.
SIRIUS XM Radio Inc. (NASDAQ: SIRI) Raised to Outperform as Bull of the Day at Zacks.
Vonage Holdings Corporation (NYSE: VG) Started as Buy at Janco Partners (Wednesday).
Zumiez, Inc. (NASDAQ: ZUMZ) Cut to Neutral at Janney Capital.

JON C. OGG

Filed under: Analyst Calls Tagged: ATML, CBRL, CMA, DNDN, DV, EDMC, GFI, GIS, IPSU, JNS, LPS, MHS, MPEL, MTL, QLTY, SIG, SIRI, VG, ZUMZ

Top Analyst Upgrades & Downgrades (BUD, ATML, DOW, EMN, HES, INTC, JASO, LAD, MCD, MU, OPEN, PMI, PFCB, TWX, TRMB)

Administrator — Thu, 05 May 2011 12:24:21 +0000

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

Anheuser-Busch InBev (NYSE: BUD) Cut to Neutral at BofA/ML.
Atmel Corporation (NASDAQ: ATML) Reiterated Buy and raised target to $17 at Gleacher & Co.
Dow Chemical Co. (NYSE: DOW) Raised to Buy with $49 target at Argus.
Eastman Chemical Co. (NYSE: EMN) Maintained Outperform as Bull of the Day at Zacks.
Hess Corp. (NYSE: HES) Raised to Buy at Argus.
Intel Corporation (NASDAQ: INTC) Reiterated Outperform with $28 target on Focus List at Credit Suisse.
JA Solar Holdings Co., Ltd. (NASDAQ: JASO) Cut to Sell at S&P Equity Research (late Wednesday call).
Lithia Motors, Inc. (NYSE: LAD) Maintained Buy as Value stock at Zacks.
McDonald’s Corporation (NYSE: MCD) Cut to Neutral at Piper Jaffray.
Micron Technology Inc. (NASDAQ: MU) Started as Neutral at JPMorgan.
OpenTable, Inc. (NASDAQ: OPEN) Raised to Buy at BofA/ML.
PMI Group, Inc. (NYSE: PMI) Called as Bear of the Day with $1.75 target at Zacks.
P.F. Chang’s China Bistro, Inc. (NASDAQ: PFCB) Cut to Neutral at Piper Jaffray.
Time Warner. Inc (NYSE: TWX) Reiterated Outperform with $40 target on Focus List at Credit Suisse.
Trimble Navigation Limited (NASDAQ: TRMB) Raised to Overweight at JPMorgan.

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: ATML, BUD, DOW, EMN, HES, INTC, JASO, LAD, MCD, MU, OPEN, PFCB, PMI, TRMB, TWX

Top Analyst Upgrades & Downgrades (UHAL, ATML, BBBY, EXH, FORM, IHS, LEAP, NKE, QCOM, RDN, S, TGT, TGB, TXM, RIG)

Administrator — Mon, 21 Mar 2011 12:22:33 +0000

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

AMERCO Inc. (NASDAQ: UHAL) Raised to Outperform as Bull of the Day at Zacks.
Atmel Corporation (NASDAQ: ATML) Raised to Buy at Gleacher & Co.
Bed Bath & Beyond Inc. (NASDAQ: BBBY) Raised to Market Perform at FBR.
Exterran Holdings, Inc. (NYSE: EXH) Raised to Outperform at Credit Suisse.
FormFactor Inc. (NASDAQ: FORM) Added to Top Pick List at Citigroup.
IHS Inc. (NYSE: IHS) Reiterated Buy and raised target to $100 at Argus.
Leap Wireless International Inc. (NASDAQ: LEAP) Raised to Buy at Citigroup.
Nike Inc. (NYSE: NKE) Reiterated Hold at Argus.
QUALCOMM Inc. (NASDAQ: QCOM) Raised to Buy at Stern Agee.
Radian Group Inc. (NYSE: RDN) Reiterated Outperform at Credit Suisse.
Sprint Nextel Corporation (NYSE: S) Maintained Outperform and $8 target at Credit Suisse.
Target Corporation (NYSE: TGT) Raised to Outperform at BMO.
Taseko Mines Ltd. (AMEX: TGB) Cut to Underperform at Credit Suisse.
Texas Instruments Inc. (NYSE: TXN) Cut estimates on Japan at Argus.
Transocean Ltd. (NYSE: RIG) Reiterated Hold at Argus.

JON C. OGG

Filed under: Analyst Calls Tagged: ATML, BBBY, EXH, FORM, IHS, LEAP, NKE, QCOM, RDN, RIG, S, TGB, TGT, TXM, UHAL

Introducing the Smartphone ETF (FONE, A, ALU, ALTR, AAPL, ARMH, T, ATML, BRCM, CIEN, FLEX, GOOG, MRVL, MU, NOK, QCOM, RIMM, TLAB, VOD, XLNX)

Administrator — Fri, 18 Feb 2011 14:40:38 +0000

They say there is an ETF for everything. Now comes the launch by First Trust Advisors L.P. for a Smartphone ETF. The First Trust NASDAQ CEA Smartphone Index Fund (NASDAQ: FONE) offers investors a way to gain exposure to the various hardware manufacturers, operating system providers, chip makers, software manufacturers and service providers.

The Fund is meant to track an equity index called the NASDAQ OMX CEA Smartphone Index. Here are some of the components:

Agilent Technologies Inc. (NYSE: A);
Alcatel-Lucent SA (NYSE: ALU);
Altera Corporation (NASDAQ: ALTR);
Amdocs Ltd (NYSE: DOX);
American Tower Corp. (NYSE: AMT);
Analog Devices Inc. (NYSE: ADI);
Apple Inc. (NASDAQ: AAPL);
Arm Holdings plc (NASDAQ: ARMH);
AT&T Inc. (NYSE: T);
Atmel Corp. (NASDAQ: ATML);
AVAGO TECHNOLOGIES (NASDAQ: AVGO);
Benchmark Electronics Inc. (NYSE: BHE);
Broadcom Corporation (NASDAQ: BRCM);
BYD Co. Ltd.;
Celestica Inc. (NYSE: CLS);
China Mobile Ltd.;
China Unicom (Hong Kong) Ltd.;
CIENA Corporation (NASDAQ: CIEN);
Compal Communications Inc.;
Crown Castle Intl Corporation (NYSE: CCI);
CTS Corp. (NYSE: CTS);
Deutsche Telekom;
Elpida Memory;
L.N. Ericsson (NASDAQ: ERIC);
Flextronics International Ltd. (NASDAQ: FLEX);
Foxconn International Holdings Ltd.;
France Telecom SA;
Gemalto NV;
Google Inc. (NASDAQ: GOOG);
HTC Corporation;
Infineon Technologies AG;
Inventec Corp.;
KDDI Corp.;
KT Corp.;
Kyocera Corp.;
LG Electronics Inc.;
LSI Corporation (NYSE: LSI);
Marvell Technology Group Ltd. (NASDAQ: MRVL);
MAXIM INTEGRATED (NASDAQ: MXIM);
Micron Technology Inc. (NASDAQ: MU);
Mobile TeleSystems OJSC (NYSE: MBT);
Motorola Solutions, Inc. (NYSE: MSI);
National Semiconductor (NYSE: NSM);
Nokia OYJ (NYSE: NOK);
NTT DOCOMO;
OmniVision Technologies Inc. (NASDAQ: OVTI);
On Semiconductor Corp. (NASDAQ: ONNN);
QUALCOMM Inc. (NASDAQ: QCOM);
Research in Motion Ltd. (NASDAQ: RIMM);
RF Micro Devices Inc. (NASDAQ: RFMD);
Samsung Electronics Co.;
Sanmina-SCI Corporation (NASDAQ: SANM);
SBA Communications Corp. (NASDAQ: SBAC);
Skyworks Solutions Inc. (NASDAQ: SWKS);
Softbank Corporation;
Sony Corp.;
Sprint Nextel Corporation (NYSE: S);
STMicroelectronics NV (NYSE: STM);
Synaptics Inc. (NASDAQ: SYNA);
Tekelec Inc. (NASDAQ: TKLC);
Telecom Italia SpA;
Telefonica SA;
Tellabs Inc. (NASDAQ: TLAB);
Texas Instruments Inc. (NYSE: TXN);
Toshiba Corporation;
Triquint Semiconductor TQNT;
Verizon Communications Inc. (NYSE: VZ);
Vishay Intertechnology Inc. (NYSE: VSH);
Vivendi SA;
Vodafone Group plc (NYSE: VOD);
Wistron Corp.;
Xilinx Inc. (NASDAQ: XLNX);
ZTE Corp.;

The index value here only started this month and there is a small chart here to show its performance.

JON C. OGG

Filed under: ADR, Consumer Electronics, ETF, IPOs, Semiconductor, Software, Technology Companies, Telecom, WiMAX, Wireless Tagged: A, AAPL, ALTR, ALU, ARMH, ATML, BRCM, CIEN, FLEX, FONE, GOOG, MRVL, MU, NOK, QCOM, RIMM, T, TLAB, VOD, XLNX

Atmel Aims to be King of Touchscreens (ATML, NVDA, AAPL, HPQ, DELL, RIMM)

Administrator — Mon, 14 Feb 2011 18:22:09 +0000

Atmel Corporation (NASDAQ: ATML) is trading marginally higher today on news that it is collaborating with NVIDIA Corporation (NASDAQ: NVDA). The collaboration is actually right in the sweet spot of the current technology market. The two are bringing high-performance and multi-touch capabilities to the large-format touchscreen market.

What this translates to is bringing the NVIDIA Tegra 2 mobile super-chip together with Atmel’s maXTouch mXT1386 solution. The aim is to power touchscreens of up to 15 inches for tablet PCs, smartphones, mobile Internet devices, and other touchscreen device applications.

This joint reference design includes Tegra 2 and Atmel’s maXTouch solution and runs on the Android operating system from Google Inc. (NASDAQ: GOOG). NVIDIA’s Tegra 2 is aimed at the next wave of smartphones and tablets with the multimedia experience. Tegra 2 claims up to two times faster browsing, hardware accelerated Flash, and console-quality gaming with a GeForce™ GPU.

The Atmel maXTouch touchscreen chipset enables a touch user to have 16-simultaneous touches with faster response, better power consumption and rejection of unintended touches; applications range from gaming to making calls, drawing, gesturing and more.

With Apple Inc. (NASDAQ: AAPL) having kicked off the move into the realm of tablet-PC devices, we have just seen the fresh offering from Hewlett Packard Co. (NYSE: HPQ) for its tablets and smartphones under Palm. Dell has also added its Streak family of tablets and Venue family of smartphones, and Research-in-Motion (NASDAQ: RIMM) is already well-heeled in smartphones and just recently showed its PlayBook tablet. Others are already on the market and more are coming. The question is whether or not these devices down the road will have versions that include the Tegra 2 and Atmel’s maXTouch solution.

NVIDIA is up 0.75% at $23.65 and Atmel is up 1.75% at $16.40.

JON C. OGG

Filed under: Consumer Electronics, PC Companies, Semiconductor Tagged: AAPL, ATML, DELL, HPQ, NVDA, RIMM

Top Active Trader Alert Stocks (ATML, MOTR, PLAB, TTWO, SMSI, SWIR)

247wallst — Wed, 09 Feb 2011 14:02:22 +0000

Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Atmel Corporation (NASDAQ: ATML), Motricity, Inc. (NASDAQ: MOTR), Photronics, Inc. (NASDAQ: PLAB), Take-Two Interactive Software (NASDAQ: TTWO), Smith Micro (NASDAQ: SMSI), and Sienna Wireless (NASDAQ: SWIR).

Atmel Corporation (NASDAQ: ATML) is up 6.5% on moderate trading to %15.60, approaching the top of its 52-week range of $4.29-$15.13.

Motricity, Inc. (NASDAQ: MOTR) is down 19% to $17.99 on heavy volume, relative to a 52-week range of $6.55-$31.95. RBC Capital recently downgraded the wireless company from outperform to underperform.

Photronics, Inc. (NASDAQ: PLAB) is down 14.5% on light volume to $7.70, relative to a 52-week range of $3.60-$7.25. The semiconductor components improved Q1 guidance after hours.

Take-Two Interactive Software (NASDAQ: TTWO) is up 6.5% on moderate volume to $15.49, relative to a 52-week range of $7.98-$14.54. The game company posted improved fourth quarter guidance.

Smith Micro (NASDAQ: SMSI) is 34% premarket to $8.70, relative to a 52-week range of $7.50-$17.03. The software company reported Q1 guidance well below expectations.

Sienna Wireless (NASDAQ: SWIR) is down 25% to $11.50, relative to a 52-week range of $6.54-$16.50. Shares of SWIR were cut to underweight at JP Morgan.

Filed under: Pre-Market Activity, Trading Alert Tagged: ATML, MOTR, PLAB, SMSI, SWIR, TTWO

The Top 8 Analyst Calls of the Week (ALU, AA, APC, AAPL, ATML, GLD, IAU, KGC, NFLX, POT)

Administrator — Sat, 08 Jan 2011 16:23:16 +0000

This week’s “Top Analyst Calls” is a much more inclusive list than it has been of late, and this week have selected “8 Top Analyst Calls of the Week” rather than just five as we normally choose. The reason is that there are so many calls in the first few weeks of the new year as analysts tweak their price targets and estimates for the next quarter and out to two years. As you will note, these are more theme-based because of multiple calls on the same topic and issue in many cases.

There is a unlikely source showing the breakdown of the Alcatel-Lucent (NYSE: ALU) turnaround and a duel in Alcoa, Inc. (NYSE: AA) ahead of earnings. Some caution has arisen in Anadarko Petroleum Corporation (NYSE: APC). Apple Inc. (NASDAQ: AAPL) and Atmel Corporation (NASDAQ: ATML) have seen many updates. We have a three-in-one for Gold after five straight down-days in the ETF via calls in SPDR Gold Shares (NYSE: GLD), iShares Gold Trust (NYSE: IAU), and Kinross Gold Corporation (NYSE: KGC). We also have a big standout call that was seen on Netflix, Inc. (NASDAQ: NFLX) and some adjustments coming to targets in Potash Corp. of Saskatchewan (NYSE: POT).

On all eight of these grouped calls we have consolidated each down as best as we could, shown the impact and the performance, highlighted the concurrent data, shown how the calls compare to a consensus, and added in color and commentary where applicable.

Filed under: Analyst Calls, The Week Tagged: AA, AAPL, ALU, APC, ATML, GLD, IAU, KGC, NFLX, POT