Posts for Ticker ‘CCL’

Top Analyst Downgrades (ALU, CTAS, CCL, CMC, CTV, JNPR, PRU, STI, TLAB)

These are the early analyst downgrades and cautious research calls seen from Wall Street firms this Wednesday morning:

Alcatel-Lucent (ALU) downgraded to Neutral at RW Baird.
Cintas (CTAS) downgraded to Underperform at RW Baird.
Carnival (CCL) downgraded to Neutral at Credit Suisse.
Commercial Metals (CMC) downgraded to Neutral at UBS.
CommScope (CTV) downgraded to Neutral at RW Baird.
Juniper (JNPR) downgraded to Neutral at RW Baird.
Prudential (PRU) downgraded to Equal Weight at Morgan Stanley.
SunTrust (STI) Started as Underperform at Wells Fargo
Tellabs (TLAB) downgraded to Neutral at RW Baird.

JON C. OGG

Posted on: September 23, 2009 – 7:56 am in Analyst Calls, , , , , , , , ,

Top Early Bird Analyst Upgrades & Downgrades (BIDU, BAX, CCL, IBM, LDK, MSFT, SPWRA)

money-stack-imageThese are the top big analyst calls from Wall Street we have seen very early this Friday morning with over two and a half hours until the market opens:

Baidu (BIDU) Started as Underweight with $244 target at HSBC.
Baxter (BAX) Started as Buy at BofA/Merrill Lynch.
Carnival (CCL) Raised to Outperform at Wachovia.
Hershey (HSY) was named as a Top Pick at Citigroup.
IBM (IBM) Started as Outperform at Cowen.
LDK Solar (LDK) Cut to Neutral at UBS.
Microsoft (MSFT) Added to Goldman Sachs Conviction Buy List.
SunPower Corp. (SPWRA) Raised to Buy at UBS.

Jon C. Ogg
June 19, 2009

Posted on: June 19, 2009 – 6:02 am in Analyst Calls, , , , , , ,

Top Analyst Upgrades (CCL, IAG, LAMR, LZ, OVTI, RCL, SIGM)

money-stack-image10These are some of the top pre-market analyst upgrades and positive calls from Wall Street we are seeing this Thursday morning with about two hours until the market opens:

  • Carnival (CCL) Raised to Outperform at William Blair.
  • Iamgold (IAG) Raised to Buy at BofA-Merrill.
  • Lamar Advertising (LAMR) Raised to Perform at Oppenheimer.
  • Lubrizol (LZ) Raised to Buy at Citigroup.
  • OmniVision Technologies (OVTI) Raised to Neutral at Baird.
  • Royal Caribbean (RCL) Raised to Outperform at William Blair.
  • Sigma Designs (SIGM) Raised to Buy at Collins Stewart.

JON C. OGG

Posted on: March 5, 2009 – 7:43 am in Analyst Calls, , , , , , ,

Top Pre-Market Analyst Upgrades (AGN, T, CCL, CB, EGLE, FMX, HR, MYL, TEVA)

money-stack-imageThese are the top pre-market analyst upgrades and positive research calls from Wall Street we have seen this Wednesday morning with more than two hours until the market opens:

  • Allergan (AGN) Started as Outperform at Credit Suisse.
  • AT&T (T) Raised to Overweight at JPMorgan.
  • Carnival (CCL) Raised to Outperform at Credit Suisse.
  • Chubb (CB) Raised to Buy at UBS; Started as Outperform at RBC.
  • Eagle Bulk Shipping (EGLE) Raised to Outperform at Wachovia.
  • FEMSA (FMX) Started as Overweight at Barclays.
  • Healthcare Realty Trust (HR) Raised to Outperform at KBW.
  • Mylan Labs (MYL) Started as Outperform at Credit Suisse.
  • Teva Pharmaceutical (TEVA) Started as Outperform at Credit Suisse.

Jon C. Ogg
February 25, 2009

Posted on: February 25, 2009 – 7:38 am in Analyst Calls, , , , , , , , ,

Early Bird Analyst Downgrades (B, CCL, CTCM, DO, ESS, HAL, HMY, IP, ODFL, PKG)

These are some of the top pre-market analyst downgrades we have seen with more than two hours to the open this Monday morning:

  • Barnes Group (B) Cut to Neutral at Baird.
  • Carnival (CCL) Cut to Sell at S&P.
  • CTC Media (CTCM) Cut to Neutral at Goldman Sachs.
  • Diamond Offshore (DO) Cut to Neutral at Goldman Sachs.
  • Essex Property Trust (ESS) Cut to Sell at Goldman Sachs.
  • Halliburton (HAL) Cut to Neutral at Goldman Sachs.
  • Harmony Gold (HMY) Cut to Underperform at RBC.
  • International Paper (IP) Cut to Neutral at Goldman Sachs.
  • Old Dominion Freight Line (ODFL) Cut to Neutral at Baird.
  • Packaging Corp. (PKG) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
November 3, 2008

Posted on: November 3, 2008 – 7:32 am in Analyst Calls, , , , , , , , , ,

Top Analyst Upgrades & Downgrades (BIIB, COWN, MYL, PRX, SMBL, TEVA, CBY, CCL, DLB, JCP, JEF, PRSP)

Below are some of the top analyst calls we are seeing from Wall Street firms this Thursday morning:

  • Biogen Idec (BIIB) Raised to Buy at Lazard.
  • Cowen (COWN) Raised to Outperform at KBW.
  • Mylan Labs (MYL) Started as Strong Buy at Needham.
  • Par Pharmaceuticals (PRX) Started as Strong Buy at Needham.
  • Smart Balance (SMBL) Started as Buy at Lazrd.
  • Teva Pharma (TEVA) Started as Strong Buy at Needham.
  • Cadbury Schwepps (CBY) Cut to Sell at Citigroup.
  • Carnival (CCL) Cut to Sell at Deutsche Bank.
  • Dolby Labs (DLB) Cut to Hold at Deutsche Bank.
  • JCPenney (JCP) Cut to Underperform at Merrill Lynch.
  • Jefferies (JEF) Cut to Underperform at KBW.
  • Prosperity Bancshares (PRSP) Cut to Market Perform at KBW.

Jon C. Ogg
September 25, 2008

Posted on: September 25, 2008 – 6:49 am in Analyst Calls, , , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (ASMI, BWA, CCL, RCL, EMC, SSP, MWA, NSM, NST, SCG, WBMD)

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

  • ASM Intl NV (NASDAQ: ASMI) raised to Buy at Jefferies.
  • BorgWarner (NYSE: BWA) Raised to Overweight from Equalweight at Lehman.
  • Carnival (NYSE: CCL) and Royal Caribbean (RCL) were both Downgraded to Hold from Buy at ABN AMRO.
  • EMC Corp (NYSE: EMC) cut to Neutral at Bernstein.
  • EW Scripps (NYSE: SSP) raised to Outperform at Bear Stearns.
  • Mueller Water Products (NYSE: MWA) Raised to Outperform from Neutral at Baird.
  • National Semi (NYSE: NSM) raised to Buy at Deutsche Bank.
  • NStar (NYSE: NST) Cut to Sell from Neutral at Goldman Sachs.
  • Scana Corp. (NYSE: SCG) Cut to Sell from Neutral at Goldman Sachs.
  • WebMD Health (NASDAQ: WBMD) Cut to Sell from Neutral at Goldman Sachs.

Jon C. Ogg
June 18, 2008

Posted on: June 18, 2008 – 6:37 am in Analyst Calls, , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AAPL, MT, BLK, BRCM, CCL, RCL, DELL, LLTC, NSM, PSUN, JAVA)

These are ten of the analyst calls we are keying in on this Friday morning:

  • Apple (NASDAQ: AAPL) added to CONVICTION BUY LIST at Goldman Sachs; stock up 2% pre-market.
  • ArcelorMittal (NYSE: MT) raised to Buy at Goldman Sachs.
  • BlackRock (NYSE: BLK) Raised to Outperform from Market Perform at Wachovia.
  • Broadcom (NASDAQ: BRCM) started as Neutral at Robert W. Baird.
  • Carnival (NYSE: CCL) and Royal Caribbean (NYSE: RCL) downgraded at Morgan Stanley.
  • Dell (NASDAQ: DELL) Raised to Overweight at Morgan Stanley; stock up 2% pre-market.
  • Linear Tech (NASDAQ: LLTC) cut to Hold at Deutsche Bank.
  • National Semi (NYSE: NSM) raised to Buy at Deutsche Bank.
  • Pacific Sunwear (NASDAQ: PSUN) cut to Neutral at Piper Jaffray.
  • Sun Microsystems (NASDAQ: JAVA) Cut to Underweight at Morgan Stanley; stock indicated down 1% pre-market.

Jon C. Ogg
May 23, 2008

Posted on: May 23, 2008 – 6:51 am in Analyst Calls, , , , , , , , , , ,

Carnival Earnings, Bracing For Travel & Leisure Guidance (CCL, RCL)

Thursday we’ll see earnings out of Carnival Corp. (NYSE: CCL). The estimates from First Call are $0.29 EPS on $3.15 billion in revenues.  Next quarter estimates are $0.50 EPS on $3.32 billion in revenues. Estimates for fiscal Nov-2008 are $3.12 EPS on $14.69 billion in revenues.

Analysts have an average price target north of $52.00, more than $14.00 higher than Wednesday’s $37.60 close.  Carnival’s 52-week trading range is $36.10 to $52.10. 

Estimates have come down on this one over the last 90 days, and considering that it’s a cruise ship owner and operator and the consumer pocketbook is getting thinner and thinner and thinner.  The short interest has also risen on this one to 14.79 million shares, which is almost 4-days to cover.  The cruise ship operator stock is also real close to 4-year lows.   So if this has any "not so bad numbers" and signals that the rivets aren’t popping off the earnings, then we’d be expecting a large move up on short covering mixed with bargain hunters.

We’d note that its performance in recent periods has been similar to that of Royal Caribbean (NYSE: RCL), its closest competitor.  We recently noted also that Goldman Sachs had raised their rating on Royal Caribbean to its Conviction Buy List.

Jon C. Ogg
March 19, 2008

Posted on: March 19, 2008 – 5:27 pm in Earnings, Entertainment, Luxury, ,

Top 10 Pre-Market Analyst Calls (ANDE, ADSK, CCL, RCL, KO, PEP, HAS, MAT, OVTI, ORCL, TGT)

There are many other impacting analyst calls today, but these are the top calls that 24/7 Wall St. is focusing on:

  • The Andersons (ANDE) raised to Buy at Banc of America.
  • Autodesk (ADSK) raised to Buy at Jefferies.
  • Carnival Cruises (CCL) and Royal Caribbean (RCL) both started as Outperform at Wachovia.
  • Coca-Cola (KO) and Pepsico (PEP) both started as Outperform at Credit Suisse.
  • Hasbro (HAS) and Mattel (MAT) both started as Outperform at Wachovia.
  • OmniVision (OVTI) and Oracle (ORCL) both raised to Outperform at CIBC.
  • Target (TGT) cut to Neutral from Buy at Merrill Lynch.

Jon C. Ogg
November 14, 2007

Jon Ogg produces the 24/7 Wall St. Special Situation Investing Newsletter; he does not own securities in the companies he covers.

Posted on: November 14, 2007 – 7:56 am in Analyst Calls, , , , , , , , , , ,

Pre-Market Analyst Calls (July 13, 2007)

AOB started as Outperform at CIBC.
AUY started asOutperform at Credit Suisse.
BGFV cut to Sector Perform at CIBC.
BJ raised to Equal Weight at Lehman.
BLK started as Outperform at Wachovia.
CCL raised to Overweight at JPMorgan.
CHE cut to Hold at Deutsche Bank.
CIT cut to Sector PErform at CIBC.
CREE started as Hold at Deutsche Bank.
DWA started as Buy at Stifel Nicolaus.
EMC cut to Mkt Perform at Morgan Keegan.
FRO cut to Reduce at UBS.
HAL raised to Outperform at Credit Suisse.
HDB started as Buy at Jefferies.
IBN started as Buy at Jefferies.
NATI raised to Overweight at Thomas Weisel.
NDN raised to Buy at Deutsche Bank.
PPDI cut to Hold at Jefferies.
RCL raised to Overweight at JPMorgan.
RNOW started as Hold at Cantor Fitzgerald.
RSH cut to Sell at B of A.
SEB raised to Buy at Jefferies.
SWK started as Neutral at B of A.
SWY raised to Equal Weight at Lehman.
VRSN raised to Buy at Jefferies.
VSCN cut to Mkt Perform at FBR.
WON cut to Sell at Citigroup.
ZBRA raised to Overweight at Thomas Weisel.

Jon C. Ogg
July 13, 2007

Posted on: July 13, 2007 – 6:43 am in Analyst Calls, , , , , , , , , , , , , , , , , , , , , , , ,

$70 Oil: Who Gets Hurt

With oil hanging around $70, and gas likely to move above $3 for all of the summer, it bears looking at who gets hurt:

Airlines: It looked like they might get something of a recovery. Now, firms fresh out of bankruptcy like Delta (DAL) face risiing fuel costs and a competitive market for fares.

Cars, pick-ups, and SUVs. Detroit’s recovery is based, at least in part, on fuel prices being at a reasonable level. More profitable pick-ups and SUVs don’t sell well when gas prices are high. Look to Ford (F) to be set-back more than most with its F-series and Explorer losing more ground.

Retail. Wal-Mart (WMT), Target (TGT), and Home Depot (HD) keep mentioning that high gas prices hurt trips to the store. This summer, that will get worse.

Food retail. Starbucks (SBUX) and McDonald’s (MCD) pay to get their supplies delivered, mostly by truck. Those costs will rise. And, driving out to get a latte is going to be more expensive.

Overnight delivery companies. Fedex (FDX) and UPS (UPS) operate a lot of trucks and planes.

Cruise buiness. Carnival (CCL) and Royal Caribbean (RCL) can’t run those big engines on water.

Newspapers. Gannett (GCI) and McClatchy (MNI) spend a lot on truck papers to homes and newsstands.

Douglas A. McIntyre can be reached at douglasamcintyre@247wallst.com.

Posted on: June 29, 2007 – 5:48 am in Uncategorized, , , , , , , , , , , , ,