24/7 Wall St. » CCRT

Top 10 Analyst Upgrades and Downgrades (BP, SCHW, CCRT, LTD, MCK, MUSA, NTES, PT, VIP, WPI)

Administrator — Wed, 19 May 2010 12:30:44 +0000

These are ten of the top analyst upgrades, downgrades, and initiations seen in Wall Street research calls early this Wednesday morning:

BP plc (NYSE: BP) defended at Bank of America Merrill Lynch.
Charles Schwab Corp. (NASDAQ: SCHW) Started as Overweight at JPMorgan.
Compucredit Corp. (NASDAQ: CCRT) Cut to Underperform at KBW.
Limited Brands Inc. (NYSE: LTD) Raised to Overweight at JPMorgan.
McKesson Corporation (NYSE: MCK) reiterated Buy and Raised target to $80 at Auriga.
Metals USA Holdings Corp. (NYSE: MUSA) Started as Overweight at JPMorgan; Started as Buy at KeyBanc.
Neteaste.com, Inc. (NASDAQ: NTES) Reiterate Buy and $49 price target at Auriga.
Portugal Telecom (NYSE: PT) Cut to Neutral at BNP Paribas.
Vimpel-Communications (NYSE: VIP) Started as BUy and $24 target at UBS.
Watson Pharmaceuticals (NYSE: WPI) Raised to Overweight at JPMorgan.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Filed under: Analyst Calls Tagged: BP, CCRT, LTD, MCK, MUSA, NTES, PT, SCHW, VIP, WPI

Pre-Market Analyst Downgrade/Negative Calls (AAPL, BK, BUCY, CCRT, EGO, JOYG, NOK, PALM, SAY)

247wallst — Thu, 18 Dec 2008 07:20:33 +0000

These are some of the top pre-market analyst downgrades or cautious calls seen from Wall Street early this Thursday morning with more than two hours to the open:

Apple (NASDAQ: AAPL) Started as Hold at Canaccord.
Bank of NY Mellon (NYSE: BK) Cut to Market Perform at KBW.
Bucyrus International (NASDAQ: BUCY) Cut to Underweight at JPMorgan.
CompuCredit (NASDAQ: CCRT) Cut to Market Perform at KBW.
Eldorado Gold (NYSE: EGO) Cut to Outperform from Strong Buy at Raymond James.
Joy Global (NASDAQ: JOYG) Cut to Underweight at JPMorgan.
Nokia (NYSE: NOK) Started as Sell at Canaccord.
Palm (NASDAQ: PALM) Started as Sell at Canaccord.
Satyam Computer (NYSE: SAY) Cut to Sell at Goldman Sachs; Cut to Underweight at Morgan Stanley.

Jon C. Ogg
December 18, 2008

Posted in Analyst Calls Tagged: AAPL, BK, BUCY, CCRT, EGO, JOYG, NOK, PALM, SAY

The 52-Week Low Club (AKNS, AEP, CCRT, EIX, GGP, LYTS, PMII, SPRD)

247wallst — Thu, 14 Aug 2008 14:35:00 +0000

Today was an interesting ride in the 52-week low club after we have seen very volatile markets. While oil fell $1.00 and while the S&P, NASDAQ, and DJIA were up most of the day, there were plenty of stocks gracing the 52-week lows:

Akeena Solar, Inc. (AKNS)… down in sympathy with others, more speculative name in solar.

American Electric Power (AEP)… becoming habitual.
CompuCredit Corp. (CCRT) down over 10% more after another post-earnings sell-off.
Edison International (EIX) making another appearance.
General Growth Properties (GGP) making another appearance.
LSI Industries (LYTS) killed on earnings and warning.
Power Medical Interventions, Inc. (PMII) very poor earnings.
Spreadtrum Communications (SPRD) lost 1/4 of its price on poor earnings. The silly company name doesn’t help.

Jon C. Ogg
August 14, 2008

Yesterday’s After-Hours Movers (May 9, 2007)

247wallst — Wed, 09 May 2007 04:21:46 +0000

Stock Tickers: MDRX, CSCO, CCRT, ERTS, LMIA, PAL, PZZA, FACE, SIRI, SONS, TRLG, DIS

Allscripst Healthcare Solutions (MDRX) is trading down over 6% to$25.25 after eraffirming targets after earnings. Its shares are stillup 70% in 18 months, so reaffirming may not be enough.

Cisco Systems (CSCO) trading down 5.5% to $26.75 after estimates and guidance failed on a "wow-factor" like in prior quarters.

CompuCredit (CCRT) is getting shelled 8% in after-hours to $35.00after posting a loss in the quarter. It still sees $4.00 or higher EPSfor 2007, but you have to trust them, and their customers are the"undesireables" compared to most financial institutions.

Electronic Arts (ERTS) trading down close to 3% at $51.50 after nextquarter guidance is not up to snuff. The full year for fiscalMarch-2008 looks ahead, but you have to trust they will deliver in thesame two quarters that Halo 3 and Grand Theft Auto releases will becoming.

LMI Aerospace (LMIA) fell 9% on thin volume after posting lower earnings.

North American Palladium (PAL) rose 9% to $11.11 after Cramer toutedit as a stealthy way to speculate on a nickel play with 22% of itsrevenues coming from nickel.

Papa John’s International (PZZA) traded up 2.2% to $32.50 inafter-hours. Earnings wer elower than last year but guidance had beenbrought in enough that they were able to raise their outlook.

Physicians Formula (FACE) fell nearly 10% after beating guidance but guiding lower for the coming quarter.

Sirius Satellite Radio (SIRI) traded up 1.7% after Cramer noted itin the lightning round as a positive if the governemnt will approve themerger.

Sonus Networks (SONS) traded up 5.7% in normal trading and went upanother 2% in after-hours to $7.95. Revenues looked a bit light, sothis one is worth a look.

True Religion Apparel (TRLG) traded up almost 4% to $16.27 afterclosing up 3.5% in normal trading. The company did reiterate 20% salesgrowth for 2007 and put EPS at $1.24 to $1.27 for 2007.

Walt Disney (DIS) fell 2% after meeting expectations, but that’safter trading up almost 1.4% in regular trading. Shares were close torecent highs.

Jon C. Ogg
May 9, 2007

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

After-Hours Movers & Shakers (May 8, 2007)

247wallst — Tue, 08 May 2007 18:15:46 +0000

Stock Tickers: MDRX, CSCO, CCRT, ERTS, LMIA, PAL, PZZA, FACE, SIRI, SONS, TRLG, DIS

Allscripst Healthcare Solutions (MDRX) is trading down over 6% to $25.25 after eraffirming targets after earnings. Its shares are still up 70% in 18 months, so reaffirming may not be enough.

Cisco Systems (CSCO) trading down 5.5% to $26.75 after estimates and guidance failed on a "wow-factor" like in prior quarters.

CompuCredit (CCRT) is getting shelled 8% in after-hours to $35.00 after posting a loss in the quarter. It still sees $4.00 or higher EPS for 2007, but you have to trust them, and their customers are the "undesireables" compared to most financial institutions.

Electronic Arts (ERTS) trading down close to 3% at $51.50 after next quarter guidance is not up to snuff. The full year for fiscal March-2008 looks ahead, but you have to trust they will deliver in the same two quarters that Halo 3 and Grand Theft Auto releases will be coming.

LMI Aerospace (LMIA) fell 9% on thin volume after posting lower earnings.

North American Palladium (PAL) rose 9% to $11.11 after Cramer touted it as a stealthy way to speculate on a nickel play with 22% of its revenues coming from nickel.

Papa John’s International (PZZA) traded up 2.2% to $32.50 in after-hours. Earnings wer elower than last year but guidance had been brought in enough that they were able to raise their outlook.

Physicians Formula (FACE) fell nearly 10% after beating guidance but guiding lower for the coming quarter.

Sirius Satellite Radio (SIRI) traded up 1.7% after Cramer noted it in the lightning round as a positive if the governemnt will approve the merger.

Sonus Networks (SONS) traded up 5.7% in normal trading and went up another 2% in after-hours to $7.95. Revenues looked a bit light, so this one is worth a look.

True Religion Apparel (TRLG) traded up almost 4% to $16.27 after closing up 3.5% in normal trading. The company did reiterate 20% sales growth for 2007 and put EPS at $1.24 to $1.27 for 2007.

Walt Disney (DIS) fell 2% after meeting expectations, but that’s after trading up almost 1.4% in regular trading. Shares were close to recent highs.

Jon C. Ogg
May 8, 2007

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