Posts for Ticker ‘CTXS’

Top Analyst Upgrades (AMD, AMGN, BDK, BMY, CTXS, KR, MA, PCG, SYMC, V, VMW)

These are the top early-bird analyst upgrades and positive research calls which we have seen from Wall Street early this Monday morning:

Advanced Micro Devices (NYSE: AMD) Raised to Buy at UBS.
Amgen (NASDAQ: AMGN) Raised to Buy at UBS.
Black & Decker (NYSE: BDK) Started as Overweight at Barclays.
Bristol-Myers Squibb (NYSE: BMY) Added to Goldman Sachs Top M&A List.
Citrix Systems (NASDAQ: CTXS) Raised to Hold at Jefferies.
Kroger (NYSE: KR) Raised to Overweight at JPMorgan.
Mastercard (NYSE: MA) Raised to Outperform at Credit Suisse.
PG&E (NYSE: PCG) Raised to Buy at Jefferies.
Polaris (NYSE: PII) Raised to Buy at Citigroup.
Symantec (NASDAQ: SYMC) Raised to Buy at Jefferies.
Visa (NYSE: V) Raised to Outperform at Credit Suisse.
VMware (NYSE: VMW) Raised to Hold at Jefferies.

You can join our open email distribution list to get updates each morning on analyst upgrades and downgrades, top day trader alerts, IPO’s and secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Posted on: October 12, 2009 – 7:18 am in Analyst Calls, , , , , , , , , , ,

Today’s Best Market Rumors (10/6/2009) (CTIC)(DDRX)(BA)(XOM)(GOOG)(AIG)(BAC)(AAPL)

newspaperUpdates throughout the day.

Update 2.40 PM EST: Biotech Cell Therapeutics (CTIC) is getting crushed, down 13% to $.95 on over 46 million shares. Rumors of insider selling, troubles with OPAXIO cancer, and possible dilution from possible raising of capital (various)

Update 1.50 PM EST: Cult stock Diedrich Coffee (DDRX) down 7% on heavy volume based on rumors shorts are aggressively moving into the shares  which are up almost 7,000% this year.  (various)

Update 12.05 PM EST:  After announcing a delay in the 747-8 Freighter and a $1 billion charge, Boeing (BA) CEO Jim McNerney’s job could be on the line (DJ Newswires).

Update 9.55 AM EST: Exxon Mobil (XOM) has agreed to buy Kosmos Energy’s stake in the Jubilee field in Ghana. (CNBC)

Kaufman industry sources say BMC, Citrix (CTXS), VMware (VMW), Symantec (SYMC), and CA (CA) are potential tech  buyout targets. (Briefing.com)

Yahoo! (YHOO) might sell Zimbra, Hot Jobs, and Yahoo! Small Business. (SAI)

Rogers Communications will lose its exclusive deal for selling the Apple (AAPL) iPhone in Canada. Telus and Bell Canada will get franchises (Globe and Mail).

Pay czar Kenneth Feinberg will cut cash compensation for executives at a number of firms which may include AIG (AIG), Citigroup (C), and Bank of America (BAC)   (WSJ)

Citigroup’s Pandit could be the next big bank CEO pushed out the door. (The Deal)

Lawyers working on Viacom’s (VIA) lawsuit against Google’s (GOOG) YouTube have found e-mails uncovered evidence that “employees of the video site were among those who uploaded unauthorized content to YouTube.” (CNET)

Douglas A. McIntyre

 

Posted on: October 6, 2009 – 9:14 am in Rumors, , , , , , , , , , , , , ,

Key Tech Majors Hit New 52-Week Highs (AAPL, BIDU, CIEN, CTXS, EBAY, GOOG, JNPR, TLAB, WDC)

Money Stack ImageBurning Money PicWhile the markets have started to sell off by what feels almost as ’sharply,’ we have noticed late morning that a huge number 0f major technology stocks have hit 52-week highs on an intra-day basis.  Traders used this is a chance to lock in gains.  We have some added color on each below to see where these are coming from and where they were in the past.  In fact, most of these are back to or above pre-Lehman levels…

Apple Inc. (NASDAQ: AAPL) is still positive and shares hit a new high of $186.79 today.  This is the highest level since June-2008 and is still under the highs of January 2008 and December-2007 when Apple was north of $200.00.

Baidu, Inc. (NASDAQ: BIDU) is now down on the day and under $400.00 but the stock hit an intra-day high of $408.00.

Ciena Corp. (NASDAQ: CIEN) hit a new high of $16.63 and is now challenging levels not seen since August and September of last year.

Citrix Systems, Inc. (NASDAQ: CTXS) must be doing well with its Xen virtualization, GoToMeeting and GoToMyPC.  Its shares are still up and it hit a new high of $37.95… highs not seen since February-2008.

eBay Inc. (NASDAQ: EBAY) seems to be carefree over the Skype suit.  This hit a new high of $24.62 today, but keep in mind that this was a $40.00 stock two years ago.

Google Inc. (NASDAQ: GOOG) almost took out $500… The search leader stock is still in positive territory but it was up almost 2% this morning and hit $497.37… Two years ago this was north of $700.00 and we were all goo-goo eyed over whether $900 or $1,000.00 was a reality.

Juniper Networks, Inc. (NASDAQ: JNPR) hit $27.53 this morning and was up close to 2% at the time.  That is up over 100% from year-lows and still well under the $30’s highs of two years ago.

Tellabs Inc. (NASDAQ: TLAB) is back under $7.00 now, but this one hit a high of $7.15 this morning.  Two years ago, this was a $10.00-plus stock.

Western Digital Corp. (NYSE: WDC) is magically back up to $37.00, up a whopping 300% from the death-blow lows over the last year.  This is now within striking distance of its early-2008 highs of $40.00 for one day in June-2008.

Traders are taking advantage of these highs now based on the notion that the future is still not going to be as robust the past and the expectations of growth in the past.  Some of us might even say, they are finally taking advantage of the opportunity to lighten up after monumental gains.

JON C. OGG

Posted on: September 17, 2009 – 1:51 pm in HI/LOW, Technology Companies, Trading Alert, , , , , , , , ,

Morgan Stanley’s Key Technology Upgrades & Downgrades (IBM, DELL, CTXS, ADSK, NVLS, TXN, STM, PMCS, QLGC, LRCX, XLNX)

Bull and Bear ImageMorgan Stanley has made several key downgrades in technology, as well as a few lesser upgrades.  Both IBM (NYSE: IBM) and Dell Inc. (NASDAQ: DELL) were downgraded to Equal-Weight from Overweight.  Also cut to underweight were Citrix Systems (NASDAQ: CTXS) and Autodesk (NASDAQ: ADSK).  Novellus Systems (NASDAQ: NVLS) and Texas Instruments (NYSE: TXN) were downgraded to Equal-Weight from Overweight; and STMicroelectronics (NYSE: STM) was cut to Underweight.

There were actually a few Morgan Stanley upgrades in the broader call as well.  PMC-Sierra (NASDAQ: PMCS), QLogic (NASDAQ: QLGC), Lam Research (NASDAQ: LRCX) and Xilinx (NASDAQ: XLNX) were all raised to Overweight.

JON C. OGG

Posted on: September 8, 2009 – 9:01 am in Analyst Calls, Software, Technology Companies, , , , , , , , , , ,

Top Analyst Downgrades (BLKB, CTXS, DSCO, EV, FII, LUV)

These are some of the analyst downgrades and cautious research calls we have seen early this Tuesday morning on Wall Street:

Blackbaud (BLKB) Cut to Hold at Jefferies.
Citrix Systems (CTXS) Cut to Perform at Oppenheimer.
Discovery Labs (DSCO) Cut to Underperform at Jefferies.
Eaton Vance (EV) Cut to Underweight at JPMorgan.
Federated Investors (FII) Cut to Underweight at JPMorgan.
Southwest Air (LUV) Cut to Sell at Argus.

JON C. OGG

Posted on: September 8, 2009 – 8:05 am in Analyst Calls, , , , , ,

Top Analyst Upgrades and Downgrades (CTXS, CRK, CVGI, HR, ITMN, RDS-B, SLXP, VRSN, YRCW)

It is somewhat light in analyst coverage this morning as reports are dribbling in.  These are the top analyst upgrades, downgrades, and initiations we have seen from Wall Street early this Wednesday morning:

Citrix Systems (CTXS) Cut to Perform at Oppenheimer.
Comstock Resources (CRK) Cut to Hold at Stifel Nicolaus.
Commercial Vehicle Group (CVGI) Raised to Overweight at JPMorgan.
Healthcare Realty (HR) Raised to Outperform at Morgan Keegan.
InterMune (ITMN) Started as Buy at Merriman Curhan Ford.
Royal Dutch Shell (RDS-B) Cut to Neutral at HSBC.
Salix Pharmaceuticals (SLXP) Started as Buy at Merriman Curhan Ford.
Verisign (VRSN) Raised to Outperform at Credit Suisse.

YRC Worldwide (YRCW) Cut to Sell at Stifel Nicolaus.

Jon C. Ogg
August 12, 2009

Posted on: August 12, 2009 – 8:18 am in Analyst Calls, Pre-Market Activity, , , , , , , , ,

Top 10 Analyst Upgrades & Downgrades (BT, ELY, CBS, CTXS, DUK, INFY, LINTA, NZ, RIMM, VMW)

These are the top ten brokerage firm analyst upgrades and downgrades we have seen from Wall Street early this Monday morning:

BT Group (BT) Raised to Overweight at JPMorgan.
Callaway Gold (ELY) Raised to outperform at JMP Securities.
CBS Corp. (CBS) Cut to Hold at Argus.
Citrix Systems (CTXS) Cut to Underperform at Jefferies.
Duke Energy (DUK) Cut to Perform at Oppenheimer.
Infosys (INFY) Raised to Buy at Deutsche Bank.
Liberty Media (LINTA) Raised to Overweight at JPMorgan.
Netezza (NZ) Raised to Overweight at JPMorgan.
Research In Motion (RIMM) Cut to Neutral at UBS.
VMware (VMW) Cut to Underperform at Jefferies.

JON C. OGG
AUGUST 10, 2009

Posted on: August 10, 2009 – 8:08 am in Analyst Calls, , , , , , , , , ,

Top 10 Analyst Upgrades and Downgrades (ATHN, CMO, CYOU, CTXS, EBAY, LOGI, NTAP, SANM, SNDA, VMW)

These are the top ten analyst upgrades and downgrades we have seen from Wall Street this Thursday morning:

AthenaHealth (ATHN) Started as Buy at Maxim.
Capstead Mortgage (CMO) Cut to Market Perform at KBW.
Changyou.com (CYOU) Cut to Neutral at Susquehanna.
Citrix Systems (CTXS) Cut to Hold at Needham.
eBay (EBAY) Raised to Outperform at RBC.
Logitech (LOGI) Cut to Neutral at UBS.
Network Appliance (NTAP) Raised to Overweight at Piper Jaffray.
Sanmina-SCI (SANM) Raised to Neutral at Credit Suisse.
Shanda Interactive (SNDA) Cut to Negative at Susquehanna.
VMware (VMW) Raised to Buy at Needham.

Jon C. Ogg
July 23, 2009

Posted on: July 23, 2009 – 7:19 am in Analyst Calls, , , , , , , , , ,

IBM’s Virtualization Push (IBM, VMW, CTXS, MSFT, ORCL)

IBM LogoIBM (NYSE: IBM) is getting deeper into the race in virtualization.  The company is entering what was a fast growth and now suddenly crowded space along with the clear virtualization leader VMware Inc. (NYSE: VMW).  Microsoft (NASDAQ: MSFT) has tried to make a dent here, as has Citrix Systems (NASDAQ: CTXS), and even Oracle Corp. (NASDAQ: ORCL) recently acquired VirtualIron and some from its acquisition of Sun Microsystems.
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Posted on: July 21, 2009 – 7:26 am in Software, Technology Companies, , , , ,

Top 10 Analyst Upgrades and Downgrades (BBBB, CTXS, EXPE, IP, NTAP, NOK, PKG, PETS, TNK, USB)

These are this Tuesday morning’s top ten analyst calls with upgrades, downgrades, and initiations we have seen in early trading from Wall Street firms:

Blackboard (BBBB) Cut to Neutral at BofA/Merrill.
Citrix Systems (CTXS) Cut to Underperform at BofA/Merrill.
Expedia (EXPE) Started as Buy at Deutsche Bank.
International Paper (IP) Raised to Buy at Deutsche Bank.
NetApp (NTAP) Raised to Accumulate at ThinkEquity.
Nokia (NOK) Cut to Hold from Buy at Jefferies.
Packaging Corp (PKG) Raised to Buy at Deutsche Bank.
PetMed Express (PETS) Raised to Overweight at Piper Jaffray.
Teekay Tankers (TNK) Raised to Overweight at JP Morgan.
US Bancorp (USB) Started as Outperform at Credit Suisse.

JON C. OGG
JULY 21, 2009

Posted on: July 21, 2009 – 7:08 am in Analyst Calls, , , , , , , , , ,

Top 10 Analyst Upgrades and Downgrades (APD, CHTT, CTXS, FCX, PLAB, QCOM, SAP, PCU, STM, HOT)

These are the top ten pre-market analyst upgrades, downgrades, and initiations we have seen from Wall Street analysts this Wednesday morning with about two and a half hours until the market opens:

  • Air Products (APD) Raised to Buy at KeyBanc.
  • Chattem (CHTT) Cut to Hold at Jefferies.
  • Citrix Systems (CTXS) Cut to Perform at Oppenheimer.
  • Freeport-McMoRan (FCX) Raised to Buy at Citigroup.
  • Photronics (PLAB) Raised to Buy at UBS.
  • Qualcomm (QCOM) Started as Outperform at Morgan Keegan.
  • SAP (SAP) Raised to Buy at Jefferies.
  • Southern Copper (PCU) Raised to Hold at Citigroup.
  • STMicro (STM) Raised to Buy at BofA/Merrill.
  • Starwood Hotels (HOT) Cut to Underperform at Baird.

JON C. OGG
JULY 8, 2009

Posted on: July 8, 2009 – 6:16 am in Analyst Calls, , , , , , , , , ,

Top Analyst Downgrades (CTXS, DSCO, EV, FII, FPL, RAX)

These are this Monday’s top pre-market analyst downgrades and cautious research calls from Wall Street with more than two hours until the market opens:

Citrix Systems (CTXS) Cut to Perform at Oppenheimer.
Discovery Labs (DSCO) Cut to Underperform at Jefferies.
Eaton Vance (EV) Cut to Underweight at JPMorgan.
Federated Investors (FII) Cut to Underweight at JPMorgan.
FPL Group (FPL) Cut to Underperform at Credit Suisse.
Rackspace (RAX) Cut to Neutral at Goldman Sachs.

JON C. OGG

Posted on: July 6, 2009 – 6:31 am in Analyst Calls, , , , , ,

Top Analyst Downgrades (BMO, BIG, BMR, CTXS, HMY, MRO, ODP)

These are some of the top pre-market analyst downgrades and negative research calls we have seen from Wall Street firms early this Wednesday morning:

Bank of Montreal (BMO) Cut to Market Perform at CIBC.
Big Lots (BIG) Cut to Neutral at JPMorgan.
BioMed Realty (BMR) Cut to Neutral at UBS.
Citrix Systems(CTXS) Cut to Neutral at JPMorgan.
Harmony Gold (HMY) Cut to Neutral at UBS.
Marathon Oil (MRO) Cut to Equal Weight at Barclays.
Office Depot (ODP) Started as Underperform at Oppenheimer.

JON C. OGG

Posted on: May 27, 2009 – 7:03 am in Analyst Calls, , , , , , ,

Top Analyst Upgrades & Downgrades (EXPE, F, JNJ, CTXS, DSX, EGLE, GM, JCI, HOT, URBN)

These are the top upgrades and downgrades from Wall Street analysts this Friday morning:

Expedia (EXPE) Raised to Buy at Citigroup.
Ford (F) Started as Buy at UBS.
Johnson & Johnson (JNJ) Raised to Buy at UBS.
Citrix Systems (CTXS) Cut to Market Weight at Thomas Weisel.
Diana Shipping (DSX) Cut To Market Perform at Wachovia.
Eagle Bulk Shipping (EGLE) Cut To Market Perform at Wachovia.
General Motors (GM) Started as Sell at UBS.
Johnson Controls (JCI) Started as Buy at UBS.
Starwood Hotels (HOT) Cut to Underperform at FBR.
Urban Outfitters (URBN) Cut to Neutral at Cowen & Co.

JON C. OGG

March 20, 2009

Posted on: March 20, 2009 – 6:50 am in Analyst Calls, , , , , , , , , ,

Is Oracle About To Go After VMware Virtualization Turf? (ORCL, VMW, CTXS, MSFT, EMC)

oracle-logo1There is market chatter, despite the sell-off, that Oracle Corp. (NASDAQ: ORCL) may play catch-up in the virtualization space.  Jefferies has noted that Larry Ellison and friends may soon acquire privately held Virtual Iron, one of the leading independent virtualization players.  If the rumor is true, Oracle would be taking direct aim at VMware, Inc. (NYSE: VMW).
Read More »

Posted on: March 2, 2009 – 2:33 pm in Mergers and Buy Outs, Rumors, Software, Technology Companies, , , , ,

Top Pre-Market Analyst Downgrades (AFFX, APD, ACAS, AMLN, AMAT, AINV, CTXS, DRYS, XOM, IRBT, LRCX, NFLX, NSR, NHY, NYX, BTU, UPS)

Burning_money_picThese are some of the top pre-market analyst downgrades and cautious calls we are seeing this Thursday morning:

  • Affymetrix (AFFX) Cut to Underweight at JPMorgan.
  • Air Products (APD) Cut to Neutral at JPMorgan.
  • American Capital (ACAS) Cut to Underperform at KBW.
  • Amylin Pharma (AMLN) Cut to Sell at Canaccord.
  • Applied Materials (AMAT) Started as Sell with $8 target at Auriga.
  • Apollo Investment (AINV) Cut to Market Perform at KBW.
  • Citrix Systems (CTXS) Cut to Neutral at Credit Suisse.
  • DryShips (DRYS) Cut to Underperform at Oppenheimer.
  • Exxon Mobil (XOM) Cut to Neutral at Goldman Sachs.
  • iRobot (IRBT) Cut to Neutral at JPMorgan.
  • Lam Research (LRCX) Cut to Underperform at Credit Suisse.
  • Netflix (NFLX) Started as Sell at Maxim Group.
  • Neustar (NSR) Cut to Neutral at JPMorgan.
  • Norsk Hydro (NHY) Cut to Market Perform at Bernstein.
  • NYSE Euronext (NYX) Cut to Neutral at Piper Jaffray.
  • Peabody Energy (BTU) Cut to Market Perform at FBR.
  • United Parcel Service (UPS) Cut to Underweight at Morgan Stanley.

Jon C. Ogg
January 29, 2009

Posted on: January 29, 2009 – 7:57 am in Analyst Calls, , , , , , , , , , , , , , , , ,

Despite Virtualization Hype, Citrix Tanks Today & Ahead (CTXS, VMW, MSFT)

Burning_money_pic_4Citrix Systems Inc. (NASDAQ: CTXS) is getting shelled after its earnings report.  The company’s net fell 4% to $0.33 EPS, and non-GAAP earnings before items was $0.48 EPS. Revenue rose 4% to $415.7 million.  First Call had estimates at $0.47 EPS and $432.24 million.  This was also slightly disappointing from its prior guidance of $0.46 to $0.48 EPS and $425 million to $440 million in revenues.

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Posted on: January 28, 2009 – 5:06 pm in Earnings, Earnings Warning, Software, , ,

Can VMware Escape Earnings Noose? (VMW, EMC, CTXS)

Vmware_logoVirtualization leader VMware, Inc. (NYSE: VMW) is set to report earnings after the close of trading today.  This earnings will likely have an impact on EMC Corp. (NYSE: EMC) and Citrix Systems, Inc. (NASDAQ: CTXS).

Read More »

Posted on: January 26, 2009 – 11:04 am in Earnings, Software, , ,

Top Pre-Market Analyst Upgrades (AMAG, ANDE, BAC, BMC, CDNS, CTXS, IPAR, JEF, MDR, MYGN, NUVA, SYMC)

These are some of the top pre-market analyst upgrades we are seeing this Wednesday morning:

  • AMAG Pharmaceuticals (AMAG) Started as Overweight at JPMorgan
  • Andersons (ANDE) Started as Outperform at Oppenheimer
  • Bank of America (BAC) Raised to Market Perform at KBW
  • BMC Software (BMC) Raised to Neutral at JPMorgan
  • Cadence Design Systems (CDNS) Raised to Overweight at JPMorgan
  • Citrix Systems (CTXS) Raised to Overweight at JPMorgan
  • Inter Parfums (IPAR) Raised to Buy at Piper Jaffray
  • Jefferies (JEF) Raised to Market Perform at KBW
  • McDermott International (MDR) Started as Buy at American Tech Research
  • Myriad Genetics (MYGN) Started as Outperform at Oppenheimer
  • NuVasive (NUVA) Started as Overweight as JPMorgan
  • Symantec (SYMC) Raised to Overweight at JPMorgan

Jon C. Ogg
October 8, 2008

Posted on: October 8, 2008 – 6:43 am in Analyst Calls, , , , , , , , , , , ,

HP’s Virtualization Expansion (HPQ, VMW, MSFT, CTXS)

Hp_logoHewlett-Packard (NYSE: HPQ) is acquiring LeftHand Networks Inc., a move that takes the company further into hardware for virtualization.  LeftHand provides storage virtualization and iSCSI storage area network solutions to enable mid-size companies and remote offices or branches of large corporations to protect critical business data.  The purchase price is roughly $360 million in cash.

Read More »

Posted on: October 1, 2008 – 11:19 am in Mergers and Buy Outs, Software, Technology Companies, , , ,