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Top Analyst Upgrades & Downgrades (CERN, CNQR, RDY, ETN, GCA, HGSI, LLTC, OI, POM, SWI, WFC, XLNX)

Administrator — Thu, 22 Jul 2010 12:37:41 +0000

These are some of the top analyst upgrades and downgrades seen in Wall Street research calls this Thursday morning:

Cerner Corp. (NASDAQ: CERN) Raised to Buy at Jefferies.
Concur Technologies (NASDAQ: CNQR) Raised to Buy at Jefferies.
Dr Reddy’s (NYSE: RDY) Cut to Equal-weight at Morgan Stanley
Eaton Corp (NYSE: ETN) Raised to Outperform at Wells Fargo.
Global Cash Access Holdings (NYSE: GCA) Cut to Neutral at Sterne Agee.
Human Genome Sciences (NASDAQ: HGSI) Raised to Outperform at Baird.
Linear Technology Corp. (NASDAQ: LLTC) Reiterated Buy but Raised target to $40 at Gleacher.
Owens-Illinois (NYSE: OI) Cut to Neutral at Goldman Sachs.
Pepco Holdings (NYSE: POM) Raised to Neutral at JPMorgan.
SolarWinds (NYSE: SWI) Cut to Hold at Needham; Cut to Hold at Jefferies; Goldman Sachs cut to Neutral.
Wells Fargo & Co. (NYSE: WFC) Raised to Outperform at FBR.
Xilinx (NASDAQ: XLNX) Reiterated Buy and Raised target to $33 at Gleacher.

JON C. OGG

Filed under: Analyst Calls Tagged: CERN, CNQR, ETN, GCA, HGSI, LLTC, OI, POM, RDY, SWI, WFC, XLNX

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

247wallst — Thu, 11 Jun 2009 11:34:21 +0000

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 in Analyst Calls Tagged: ATHN, CNQR, NOA, TIN, UNH, VPRT

Top Analyst Upgrades & Downgrades (A, CRA, CNQR, GLW, AZO, BHP, CERN, GOL, ORLY)

247wallst — Mon, 23 Mar 2009 11:50:45 +0000

These are the top pre-market analyst upgrades and downgrades we have seen with just about two hours until the market opens this Monday morning:

Agilent (A) Raised to Outperform at Credit Suisse.
Celera (CRA) Raised to Overweight at Thomas Weisel.
Concur Tech (CNQR) Raised to Buy at Piper Jaffray.
Corning (GLW) Raised to Buy at Citigroup.
AutoZone (AZO) Cut to Neutral at UBS.
BHP Billiton (BHP) Cut to Underperform at Credit Suisse.
Cerner (CERN) Cut to Hold at Deutsche Bank.
GOL Linhas Areas Inteligentes (GOL) Cut to Neutral at UBS.
O’Reilly Auto (ORLY) Cut to Neutral at UBS.

JON C. OGG
March 23, 2009

Posted in Analyst Calls Tagged: A, AZO, BHP, CERN, CNQR, CRA, GLW, GOL, ORLY

Top Pre-Market Analyst Upgrades (AEZS, AKAM, CNQR, HK, SJT, SGMO, THRX)

247wallst — Thu, 05 Feb 2009 12:51:41 +0000

These are some of the top pre-market analyst upgrades and positive calls from Wall Street this Thursday morning:

AEterna Zentaris (AEZS) Raised to Outperform at RBC.
Akamai Tech (AKAM) Raised to Buy at Citigroup.
Concur Tech (CNQR) Raised to Buy at Jefferies.
Petrohawk Energy (HK) Started as Buy at Collins Stewart.
San Juan Basin Royalty (SJT) Raised to Hold at Citigroup.
Sangamo BioScience (SGMO) Raised to Buy at Merriman Curhan Ford.
Theravance (THRX) Raised to Outperform at Robert W. Baird.

Jon C. Ogg
February 5, 2009

Posted in Analyst Calls Tagged: AEZS, AKAM, CNQR, HK, SGMO, SJT, THRX

AmTech’s Top Fundamental Technology Stocks (CNQR, MELI, MFE, MPWR, QCOM, RIMM, VRSN)

247wallst — Mon, 13 Oct 2008 10:11:16 +0000

American Technology Research has issued a research report going into earnings season called "Our Best Dozen Fundamental Picks." AmTech believes investors already expect a disaster but that the current business climate isn’t as bad as some argue. While the firm believes that many companies will guide expectations lower or will be very cautious, some will continue to outperform their peers. We have broken out the technology companies in an individual piece today and some very brief commentary from AmTech is outlined below.

Concur Technologies, Inc. (NASDAQ: CNQR) was called "Strong Execution and Compelling Product Cycle for T&E Leader"

value proposition resonates well in a tougher macro environment….Although some analysts may need to trim FY09 estimates, we anticipatesubscription revenue will expand more than 20% Y/Y and we are confidentConcur will generate more than $1.00 in FCF in FY09.

Mercadolibre, Inc. (NASDAQ: MELI) is AmTech’s "Broad Play on Latin American eCommerce with High Profit Growth"

one of the best open-ended long-term growth stories in all of tech…employment and internal demand appear to remain very strong despiteslowing economic growth throughout the developed world.

McAfee, Inc. (NYSE: MFE) is its data play as "Improving Execution, Share Gains and Ratable Model in Resilient Security Space"

has among the best fundamentals in large-cap software, posting 26%revenue growth and 25% earnings growth in Q2 on a combination of aresilient security sector, improving sales execution following lastyear’s overhaul and a strong recurring revenue model… The stock isdown more than 30% since early September and at its lowest FPE since2000 (investors who bought it there saw a 5x gain over the next year)and now trades at 12x our CY09 EPS, despite an outlook for mid- tohigh-teens earnings growth, leading us to believe this is an excellentopportunity to build positions.

Monolithic Power Systems Inc. (NASDAQ: MPWR) is its "Best Small-Cap Semi Share Gainer"

continues to have the best fundamentals in small-cap semiconductorsdespite steep price declines… investors are waiting for confidence toreturn to overall earnings estimates in the sector before returning.

QUALCOMM Inc. (NASDAQ: QCOM) is AmTech’s "Clean Play on 3G Wireless with to 4G Royalties"

we still see growth potential in 2009 relative to flat overall industryunits…. well-positioned to capitalize on the transition to 3G andsecular growth in wireless data services.

Research In Motion Ltd. (NASDAQ: RIMM) is its "Leading the Biggest Growth Opportunity in Large-Cap Tech"

enjoys some of the best fundamentals in the tech sector. Wireless dataadoption is still early and at a tipping point. Enterprise applicationsare expanding beyond email and consumer adoption is just beginning….Value investors can look at RIMM for the first time since NTP. Growthinvestors can again consider RIMM with potential for multiple-bagreturn.

VeriSign Inc. (NASDAQ: VRSN) is its web pick as "Core Businesses Among the Least Sensitive to the Macro Economy"

contracted monopoly on .com and .net registrations through 2012 (with ahigh likelihood of renewal) and75-80% share in the market for SSLcertificates, VRSN’s core businesses are very healthy and wellpositioned…. we believe the core businesses of VRSN are among theleast sensitive to the macro economy in the tech sector.

Again, the comments provided here are excerpts from AmTech’s in-depth research call. You can also see the summaries in ALTERNATIVE ENERGY and in INFRASTRUCTURE & DEFENSE.

Jon C. Ogg
October 13, 2008

Posted in Analyst Calls, Internet, Technology Companies Tagged: CNQR, MELI, MFE, MPWR, QCOM, RIMM, VRSN

Top Pre-Market Analyst Upgrades (AMED, CNQR, GTIV, ORLY, TU)

247wallst — Fri, 22 Aug 2008 06:33:33 +0000

It is fairly thin in analyst coverage today, but these are some of the Friday morning analyst calls we are seeing before the open:

Amedisys (AMED) Started as Outperform at Baird.
Concur Tech (CNQR) Raised to Outperform at Oppenheimer.
Gentiva Health Services Inc. (GTIV) Started as Outperform at Baird.
O’Reilly Auto (ORLY) Started as Buy at UBS.
Telus (TU) Raised to Buy at UBS.

Jon C. Ogg
August 22, 2008