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Top Analyst Upgrades and Downgrades (ACH, ATHR, EAT, CTV, FSLR, ICE, MPEL, NAT, PNRA, SFL, TRV, TK)

Administrator — Tue, 26 Oct 2010 12:16:57 +0000

These are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls.

Aluminum Corp Of China (NYSE: ACH) Cut to Undeweight at JPMorgan.
Atheros Communications Inc. (NASDAQ: ATHR) Raised to Outperform at William Blair.
Brinker International (NYSE: EAT) Cut to Underperform at BofA/ Merrill Lynch.
CommScope, Inc. (NYSE: CTV) Cut to Hold at Jefferies.
First Solar, Inc. (NASDAQ: FSLR) Reiterated Buy and $175 target at Auriga.
Intercontinental Exchange (NYSE: ICE) Cut to Hold at Deutsche Bank.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) Raised target to $6.30 at BofA/Merrill Lynch.
Nordic American Tanker Shipping (NYSE: NAT) Cut to Hold at Jefferies.
Panera Bread Co. (NASDAQ: PNRA) Cut to Neutral at BofA/Merrill Lynch.
Ship Finance International (NYSE: SFL) Cut to Hold at Jefferies.
The Travelers Companies, Inc. (NYSE: TRV) Cut to Sell at Deutsche Bank.
Teekay Corp. (NYSE: TK) Cut To Neutral From Overweight By JPMorgan; Raised To Buy From Hold By Jefferies.

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JON C. OGG

Filed under: Analyst Calls Tagged: ACH, ATHR, CTV, EAT, FSLR, ICE, MPEL, NAT, PNRA, SFL, TK, TRV

Top Active Trader Alert Stocks (APSG, ARNA, C, CTV, FWLT, NVTL, PPD, SVA, SOHU)

Administrator — Mon, 25 Oct 2010 12:51:44 +0000

Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Applied Signal Technology, Inc. (NASDAQ: APSG), Arena Pharmaceuticals, Inc. (NASDAQ: ARNA), Citigroup, Inc. (NYSE: C), CommScope, Inc. (NYSE: CTV), Foster Wheeler AG (NASDAQ: FWLT), Novatel Wireless Inc. (NASDAQ: NVTL), Pre-Paid Legal Services, Inc. (NYSE: PPD), Sinovac Biotech Ltd. (NASDAQ: SVA), and Sohu.com Inc. (NASDAQ: SOHU).

Applied Signal Technology, Inc. (NASDAQ: APSG) confirmed on Friday that it was exploring strategic alternatives; shares are up 5.3% at $32.99 and above the $31.65 year high put in on Friday.

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) announced that the FDA Rejected its Lorcaserin diet drug; shares are actually higher by 3.7% at $1.69 this morning.

Citigroup, Inc. (NYSE: C) is trading higher after Goldman Sachs added the bank to its Conviction Buy List. Shares are up about 3% at $4.23.

CommScope, Inc. (NYSE: CTV) is soaring on news that it is talks with Carlyle over being acquired for $31.50 per share versus a $23.12 close on Friday and versus a 52-week range of $18.39 to $34.95.

Foster Wheeler AG (NASDAQ: FWLT) is trading lower after its CEO is leaving to pursue other interests. Shares are down 1.6% at $23.65 this morning.

Novatel Wireless Inc. (NASDAQ: NVTL) is up on thin volume with shares up 5% at $11.30, likely on more hopes of getting iPad business from carriers. We have not confirmed but BMO has reportedly upgraded the stock.

Pre-Paid Legal Services, Inc. (NYSE: PPD) is trading higher this morning after announcing that it is exploring strategic alternatives to increase shareholder value; it disclosed that it is evaluating an offer received from a well-known private equity firm to acquire it at $60.00 cash per share. Shares are up 11.3% at $62.50 versus a 52-week trading range of $30.68 to $68.66.

Sinovac Biotech Ltd. (NASDAQ: SVA) is lower after it lowered its revenue guidance. Shares are down about 6.7% at $3.77 in pre-market trading.

Sohu.com Inc. (NASDAQ: SOHU) is trading up after earnings with a 20% sales gain and 12% income gain. Shares are up almost 7% at $65.76 before the open versus a 52-week trading range of $40.05 to $71.50.

JON C. OGG

Filed under: Pre-Market Activity, Trading Alert Tagged: APSG, ARNA, C, CTV, FWLT, NVTL, PPD, SOHU, SVA

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

247wallst — Wed, 23 Sep 2009 11:56:29 +0000

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 in Analyst Calls Tagged: ALU, CCL, CMC, CTAS, CTV, JNPR, PRU, STI, TLAB

Top Analyst Downgrades (CLX, CTV, HD, IPI, MU, WSM)

247wallst — Mon, 11 May 2009 11:46:44 +0000

These are some of the top analyst downgrades or negative research calls we have seen early this Monday morning:

Clorox (CLX) Cut to Underperform at Bernstein.
Commscope (CTV) Cut to Neutral at UBS.
Home Depot (HD) Cut to Market Perform at Bernstein.
Intrepid Potash (IPI) Cut to Sell at Soleil.
Micron (MU) Cut to Neutral at UBS.
Williams-Sonoma (WSM) Cut to Market Perform at Bernstein.

JON C. OGG

Posted in Analyst Calls Tagged: CLX, CTV, HD, IPI, MU, WSM

Top Analyst Upgrades (ARUN, CTV, DPS, ESRX, GENZ, ISRG, LRCX, MXIM, NUAN)

247wallst — Tue, 14 Apr 2009 12:30:05 +0000

These are some of the top analyst upgrades and positive research calls we have seen this Tuesday morning from Wall Street:

Aruba Networks (ARUN) Raised to Neutral at JPMorgan.
CommScope (CTV) Raised to Overweight at JPMorgan.
Dr Pepper Snapple (DPS) Raised to Neutral at JPMorgan.
Express Scripts (ESRX) Raised to Buy at UBS.
Genzyme (GENZ) Started as Buy at Collins Stewart.
Intuitive Surgical (ISRG) Raised to Buy at Lazard.
Lam Research (LRCX) Raised to Outperform at Oppenheimer.
Maxim (MXIM) Raised to Buy at Canaccord.
Nuance Communications (NUAN) Started as Buy at Canaccord.

JON C. OGG

Posted in Analyst Calls Tagged: ARUN, CTV, DPS, ESRX, GENZ, ISRG, LRCX, MXIM, NUAN

Top Analyst Upgrades (CTV, DPS, COOL, PBG, TRW, WLL)

247wallst — Thu, 02 Apr 2009 11:38:36 +0000

These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street this Thursday morning:

CommScope (CTV) Raised to Outperform at Baird.
Dr. Pepper Snapple (DPS) Raised to Buy at Deutsche Bank.
Majesco Entertainment (COOL) Raised to Buy at Needham.
Pepsi Bottling (PBG) Raised to Buy at Deutsche Bank.
TRW Automotive (TRW) Raised to Neutral from Underweight at JPMorgan.
Whiting Petroleum (WLL) Started as Overweight at Thomas Weisel.

JON C. OGG

Posted in Analyst Calls Tagged: COOL, CTV, DPS, PBG, TRW, WLL

The 52-Week Low Club (CTV)(EK)(PWAV)(BARE)

247wallst — Fri, 31 Oct 2008 14:47:43 +0000

Commscope (CTV) Downgraded by Baird. Drops to $14.55 from 52-week high of $56.50.

Eastman Kodak (EK) Weak forecast. Sells down to $8.94 from 52-week high of $29.08.

Powerwave (PWAV) Poor earnings and downgrade. The daily double. Plunges to $.78 from 52-week high of $5.52.

Bare Escentuals (BARE) Downgraded after missing earnings estimates.

Douglas A. McIntyre

Posted in HI/LOW Tagged: BARE, CTV, EK, PWAV

Top 10 Pre-Market Analyst Calls (NLY, CTV, ENDP, FSLR, HOV, JNY, OIIM, PDGI, V, YUM)

247wallst — Thu, 01 May 2008 07:24:17 +0000

These are not all of the analyst calls affecting shares but these are ten that we are focused on this Thursday morning:

Annaly Mortgage (NYSE: NLY) cut to Hold at Citigroup.
CommScope (NYSE: CTV) Raised to Buy from Neutral at UBS.
Endo Pharmaceuticals Cut to Neutral at R.W. Baird.
First Solar (NASDAQ: FSLR) cut to Perform at Oppenheimer
Hovnanian (NYSE: HOV) cut to Sell at UBS.
Jones Apparel (NYSE: JNY) Raised to Buy from Hold at Lazard.
O2Micro (NASDAQ: OIIM) raised to Buy at Piper Jaffray.
PharmaNet Development (NASDAQ: PDGI) downgraded to Hold at Jefferies; downgraded to Neutral at R.W. Baird.
Visa (NYSE: V) Started as Equal-weight at Lehman Brothers.
YUM! Brands (NYSE: YUM) cut to Neutral at UBS.

Jon C. Ogg
May 1, 2008

Pre-Market Stock News (June 27, 2007)

247wallst — Wed, 27 Jun 2007 07:06:29 +0000

(ANDW) Andrew Corp being acquired for $15.00 per share.
(APOG) Apogee Enterprises $0.34 EPS vs $0.23e; unsure if comparable.
(AUTH) AuthenTec priced its 7.5M share IPO at the top of the $9.00 to $11.00 range for 7.5 million shares.
(BAY) Bayer AG and Onyx submit supplemental new drug application for Nexavar to treat liver cancer.
(CTV) Commscope raised guidance.
(GTRC) Guitar Center being acquired by Bain Capital for $63.00 per share.
(ISTA) ISTA Pharmaceuticals will raise $36.75 million in private placement.
(JSDA) Jones Soda announced exclusive formula use pact in Japan.
(KVHI) KVH Industries announced that Monaco Coach will add the KVH TracVision R-series of mobile satellite TV systems to their new 2008 vehicles.
(NKE) Nike $0.86 EPS vs $0.86e.
(NUVO) Nuvelo lost Bayer as R&D partner in stroke trials.
(ORCL) Oracle $0.37 EPS vs $0.35e.
(PAYX) Paychex reports earnings after close: $0.36 EPS and $496.3M revenue expected.
(RYAAY) Ryanair blocked by EU in bid to buy Aer Lingus.
(SCOR) comScore priced its 5.3 million share IPO at $16.50 per share.
(SMSC) $0.29 EPS vs $0.25e.
(SQNM) Sequenom announced it will develop HPVtest and other diagnostics with SensiGEn LLC.
(TASR) Taser announced a suit in St. Louis against the company was voluntarily dismissed.
(TOPP) Topps Co. said Upper Deck has initiated a $10.75 per share tender.
(YMI) YM BioSciences received FDA Clearance for an IND for its fentanyl-based pain product.
(YUM) Yum! Brands trades ex-split to reflect a 2-1 stock split.

Jon C. Ogg
June 27, 2007

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