24/7 Wall St. » CY

SanDisk Spreads Fear For All Apple Component Suppliers (SNDK, AAPL, AMD, ADI, BRCM, CY, FCS, MRVL, MU, LSI, ONNN, QCOM, SWKS, TQNT)

Administrator — Wed, 04 Apr 2012 14:59:56 +0000

The news from SanDisk Corporation (NASDAQ: SNDK) about weak demand and weak pricing was something we expected to bleed over to others in flash memory and in consumer electronics. The reality is that this is showing that being a supplier Apple Inc. (NASDAQ: AAPL) is not quite as safe and insulated as many investors might have hoped. We went back through the Apple supplier list for the component makers this morning and they are all weaker.

Maybe you can blame the less robust economic data or maybe you can still try to claim that no more QE from Ben Bernanke and friends is the reason. SanDisk Corporation (NASDAQ: SNDK) is down 8.7% at $45.68 against a 52-week range of $32.24 to $53.46. With a close of $50.05 yesterday, the fears were not very evident in the share price that weak pricing and demand were both there in flash memory. The price action in the Apple component supplier list below is uniform:

Advanced Micro Devices Inc. (NYSE: AMD) is down 3% at $7.74.

Analog Devices, Inc. (NASDAQ: ADI) is down 1.8% at $38.39.

Broadcom Corp. (NASDAQ: BRCM) is down 2.5% at $37.21.

Cypress Semiconductor Corp. (NASDAQ: CY) is down 2.2% at $14.70.

Fairchild Semiconductor International Inc. (NYSE: FCS) is down 3.2% at $14.10.

Marvell Technology Group Ltd. (NASDAQ: MRVL) is down 2.2% at $15.31.

Micron Technology, Inc. (NASDAQ: MU) is down 5.7% at $7.54.

LSI Corporation (NYSE: LSI) is down 3.4% at $8.48.

ON Semiconductor Corp. (NASDAQ: ONNN) is down 2.8% at $8.47.

Qualcomm Inc. (NASDAQ: QCOM) is down 1.4% at $67.20.

Skyworks Solutions Inc. (NASDAQ: SWKS) is down 4.5% at $26.29.

TriQuint Semiconductor Inc. (NASDAQ: TQNT) is down 3.5% at $6.32.

Apple Inc. (NASDAQ: AAPL) is down only 1.2% at $721.75 but investors have been used to it rising just about every day as analysts take their consensus price targets higher and higher. The news from SanDisk was bad, but at least the spillover and run-off is not bleeding some of the larger players in the Apple and technology ecosphere too bad.

JON C. OGG

Filed under: Consumer Electronics, Semiconductor, Wireless Tagged: AAPL, ADI, AMD, BRCM, CY, FCS, LSI, MRVL, MU, ONNN, QCOM, SNDK, SWKS, TQNT

Top Analyst Upgrades & Downgrades (ALU, AMZN, APOL, MT, T, CY, DK, EBAY, ESRX, GOOG, HFC, JNS, LVS, LOGI, JWN, POT, VZ, WPO, WFM, YHOO)

Administrator — Thu, 29 Mar 2012 12:23:23 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday.

Alcatel-Lucent S.A. (NYSE: ALU) Maintained Sell with $2.00 target at S&P.

Amazon.com, Inc. (NASDAQ: AMZN) Started as Buy at ThinkEquity.

Apollo Group Inc. (NASDAQ: APOL) Cut to Hold at Argus.

ArcelorMittal (NYSE: MT) Raised to Neutral at BNP Paribas.

AT&T Inc. (NYSE: T) Cut to Neutral at Baird.

Cypress Semiconductor Corporation (NASDAQ: CY) Raised to Buy at Lazard (late Wednesday call).

Delek US Holdings Inc. (NYSE: DK) Raised to Outperform at Credit Suisse; named as value stock of the day at Zacks.

eBay Inc. (NASDAQ: EBAY) Started as Buy at ThinkEquity.

Express Scripts Inc. (NASDAQ: ESRX) Reiterated Buy and raised target from $65 to $67 at BofA/ML.

Google Inc. (NASDAQ: GOOG) Started as Buy at ThinkEquity.

HollyFrontier Corporation (NYSE: HFC) Cut to Neutral at Credit Suisse.

Janus Capital Group, Inc. (NYSE: JNS) Cut to Hold at Jefferies.

Las Vegas Sands (NYSE: LVS) Reiterated Buy and raised target from $60 to $65 at BofA/ML.

Logitech International (NASDAQ: LOGI) named Bear of the Day at Zacks.

Nordstrom Inc. (NYSE: JWN) Raised to Buy at Goldman Sachs.

Potash Corp. of Saskatchewan (NYSE: POT) Started as Buy at Stifel Nicolaus.

Verizon Communications Inc. (NYSE: VZ) Cut to Neutral at Baird.

The Washington Post Co. (NYSE: WPO) named Bull of the Day at Zacks.

Whole Foods Market, Inc. (NASDAQ: WFM) Cut to Neutral at Goldman Sachs.

Yahoo! Inc. (NASDAQ: YHOO) Started as Hold at ThinkEquity.

If you enjoyed the top analyst upgrades and downgrades, you can join our free email newsletter that includes analyst summaries each morning sent right to your inbox. We also cover top issues such as IPOs, special financial exclusives, mergers and more. Sign up in the box below.

JON C. OGG

Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: ALU, AMZN, APOL, CY, DK, EBAY, ESRX, GOOG, HFC, JNS, JWN, LOGI, LVS, MT, POT, T, VZ, WFM, WPO, YHOO

24/7 Wall St. Closing Bell (GD, VALE, GMCR, GLW, CHK, ARG, ACAT, T, BMY, CAT, CY, LMT, MKC, MWW, POT, RTN, VIST, RNWK, MNTA, NFLX, EFSC)

Paul Ausick — Thu, 26 Jan 2012 21:08:29 +0000

All three major US indexes opened higher this morning, but enthusiasm tapered off quickly and steadily, if not sharply. A drop in the number of new home sales and a smaller-than-expected rise in the leading economic indicators index. Hope that talks between Greece and its creditors would yield an agreement also pushed markets higher. But the weak housing report and no further news from Europe kept share prices moving down. WTI crude gained 0.35% at $99.75/barrel and Brent crude is up 1.02% at $110.93. Gold is higher by 1.27% at $1,724.60.

The unofficial closing bells put the DJIA down more than 22 points to 12,734.63 (-0.18%), the NASDAQ fell about 13 points (-0.46%) to 2,805.28, and the S&P 500 fell -0.57% or nearly 7 points to 1,318.45.

There were several analyst upgrades and downgrades today, including General Dynamics Corp. (NYSE: GD) cut to ‘perform’ at Oppenheimer; Vale S.A. (NYSE: VALE) cut to ‘hold’ at Deutsche Bank; Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) started as ‘perform’ at Williams Capital; Corning Inc. (NYSE: GLW) cut to ‘underweight’ at Morgan Stanley; and Chesapeake Energy Corp. (NYSE: CHK) cut to ‘underweight’ at JPMorgan.

Earnings reports since markets closed on last night have led to some price changes as of the last half hour of trading today: Airgas Inc. (NYSE: ARG) is down -3.66% at $77.29; Arctic Cat Inc. (NASDAQ: ACAT) is up more than 19% at $28.40 after posting a new 52-week high of $29.20 earlier today; AT&T Inc. (NYSE: T) is down -2.65% at $29.41; Bristol-Myers Squibb Co. (NYSE: BMY) is down -0.92% at $32.40; Caterpillar Inc. (NYSE: CAT) is up 1.95% at $111.18; Cypress Semiconductor Corp. (NASDAQ: CY) is down more than -11% at $17.03; Lockheed Martin Corp. (NYSE: LMT) is up 0.95% at $82.51; McCormick & Co. Inc. (NYSE: MKC) is up 0.90% at $78.55; Monster Worldwide Inc. (NYSE: MWW) is down more than -20% at $7.18; Potash Corp. of Saskatchewan Inc. (NYSE: POT) is up 1.61% at $45.96; and Raytheon Co. (NYSE: RTN) is up 0.34% at $49.88.

Other standouts from today include the following stocks:

VIST Financial Corp. (NASDAQ: VIST) is up more than 62% at $11.20 after posting a new 52-week high of $11.50 earlier today. The bank holding company has agreed to be acquired by Tompkins Financial Corp. (AMEX: TMP) in an all-stock deal at an 86% premium to last night’s closing price, or about $85 million.

RealNetworks Inc. (NASDAQ: RNWK) is up more than 35% at $9.98. The digital media company has sold a video codec and a number of patents to Intel Corp. (NASDAQ: INTC) for $120 million.

Momenta Pharmaceuticals Inc. (NASDAQ: MNTA) is down nearly -21% at $15.13. The biotechnology company lost its bid for an injunction against certain competitors.

Netflix Inc. (NASDAQ: NFLX) is up about 22% at $116.01. The digital video streaming and rental company reported a better-than-expected number of new subscribers after markets closed last night.

Enterprise Financial Services Corp. (NASDAQ: EFSC) is down more than -19% at $12.51. The bank holding company will restate earnings for 2010 and the first three quarters of 2011 and expects to dilute 2010 earnings by half as a result.

Stay tuned for Friday. New York Fed President William Dudley is giving a speech in the morning. We have noted the following events on the schedule (all times Eastern):

8:30 a.m. – US GDP report
9:55 a.m. – Reuters/University of Michigan consumer sentiment index

Paul Ausick

Filed under: HI/LOW, Market Close, The Day Tagged: ACAT, ARG, BMY, CAT, CHK, CY, EFSC, GD, GLW, GMCR, LMT, MKC, MNTA, MWW, NFLX, POT, RNWK, RTN, T, VALE, VIST

Apple Supplier List Revealing (AAPL, AMD, CY, BRCM, FCS, FLEX, JBL, VSH, TQNT, SNDK, ONNN, QCOM)

Paul Ausick — Fri, 13 Jan 2012 19:04:59 +0000

For the first time ever, Apple Inc. (NASDAQ: AAPL) has released a list of its 156 suppliers in connection with the company’s release of its supplier responsibility audit. The supplier list is available here. According to the full report, these companies represent recipients of 97% of Apple’s supplier payments.

Many of Apple’s suppliers are well-known, but the list includes Advanced Micro Devices Inc. (NYSE: AMD), Cypress Semiconductor Corp. (NASDAQ: CY), Broadcom Corp. (NASDAQ: BRCM), Fairchild Semiconductor International Inc. (NYSE: FCS), Flextronics International Ltd. (NASDAQ: FLEX), Jabil Circuit Inc. (NYSE: JBL), Vishay Intertechnology Inc. (NYSE: VSH), TriQuint Semiconductor Inc. (NASDAQ: TQNT), SanDisk Corp. (NASDAQ: SNDK), ON Semiconductor Corp. (NASDAQ: ONNN), and Qualcomm Inc. (NASDAQ: QCOM).

The report is based on 229 audits, of which 14 were specialized environmental audits and 27 process safety audits. Apple found 6 current cases of suppliers hiring underage workers and 13 historical cases of child labor violations. About these violations, the company said:

In each case, the facility had insufficient controls to verify age or detect false documentation. We found no instances of intentional hiring of underage labor. We required the suppliers to support the young workers’ return to school and to improve their management systems—such as labor recruitment practices and age verification procedures—to prevent recurrences.

Chinese environmental groups last year charged that 27 of Apple’s suppliers were dumping toxic gases and heavy metal sludges into the country’s land and air. The company’s audits revealed that 112 supplier facilities were not properly storing, moving, or handling hazardous chemicals correctly; 69 facilities were illegally dumping or failing to recycle hazardous waste; and 52 facilities failed to label hazardous materials. Apple also reported that 58 facilities failed to monitor and control air emissions.

Apple had come under increasing pressure to name its suppliers and to hold them to a higher standard following suicide attempts by 18 workers and 14 deaths at China’s Foxconn facility in 2010.

Paul Ausick

Filed under: China, Consumer Electronics, Industry, PC Companies, Technology, Technology Companies Tagged: AAPL, AMD, BRCM, CY, FCS, FLEX, JBL, ONNN, QCOM, SNDK, TQNT, VSH

The 24/7 Wall St./Flame Index: Companies With The Most Bad Press (7/25)

247wallst — Mon, 25 Jul 2011 13:39:39 +0000

Coca-Cola (NYSE: KO) has been hurt by high commodities prices.

Microsoft (NASDAQ: MSFT) and Intel (NASDAQ: INTC) damaged by drop in PC sales worldwide.

The Flame Index started as a research tool in 2008 at the NY Innovation Design Lab (nyidlab). It was used as a general metric to evaluate companies and their risk in the media. Publicly traded Fortune 500 companies are used as a measure to calculate an overall market of negative news and the companies are ranked within that market

Rank	Company	Ticker	Score	Change in Rank	Comments
6	Coca-Cola	KO	29.72	+600	Hit by commodities price increases
9	Autoliv	ALV	27.187	+177	Earnings too modest
19	Texas Instruments	TXN	22.946	+97	Worries about earnings
22	Microsoft	MSFT	22.567	+141	PC sales hurt bottom line
24	MetLife	MET	21.549	+55	Pay $3 billion for LNG Latin America
28	Cypress Semiconductor	CY	20.505	+111	No one impressed by earnings
33	Activision Blizzard	ATVI	19.904	+143	Damage from more games moving online
37	Walt Disney	DIS	19.487	+695	Captain America kills Harry Potter
38	Intel	INTC	19.474	+744	PC sales falloff will eventually hammer earnings
45	ConocoPhillips	COP	18.625	+408	Company being broken in two

Data and ranking provided by the Flame Index.

Filed under: General, Research Tagged: ALV, ATVI, COP, CY, DIS, INTC, KO, MET, SFT, TXN

Top Analyst Upgrades & Downgrades (AAPL, ATML, BAC, CSIQ, CSCO, KO, CY, FNSR, ISRG, JDSU, MON, POL, RVBD, USM, VMW, YOKU)

Administrator — Wed, 20 Jul 2011 12:09:32 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning.

Apple Inc. (NASDAQ: AAPL) Reiterated Outperform and $500 target at Credit Suisse; Reiterated Buy and raised target to $460 at Argus; Reiterated Buy and $515 target at BofA/ML.
Atmel Corporation (NASDAQ: ATML) Reiterated Buy with $17 target at Gleacher.
Bank of America Corporation (NYSE: BAC) Reiterated Hold at Argus.
Canadian Solar Inc. (NASDAQ: CSIQ) Cut to Hold at Canaccord Genuity.
Cisco Systems Inc. (NASDAQ: CSCO) Reiterated Buy with $24 target at Argus.
Cypress Semiconductor Corporation (NYSE: CY) Reiterated Neutral with $23 target at Gleacher.
The Coca-Cola Co. (NYSE: KO) Reiterated Buy and raised target to $78 at BofA/ML.
Finisar Corporation (NASDAQ: FNSR) Started as Overweight at Morgan Stanley.
Intuitive Surgical, Inc. (NASDAQ: ISRG) Raised to Buy at Goldman Sachs.
JDS Uniphase Corporation (NASDAQ: JDSU) Started as Equal-Weight at Morgan Stanley.
Monsanto Co. (NYSE: MON) Raised to Outperform as Bull of the Day at Zacks; Added to Conviction Buy List at Goldman Sachs.
PolyOne Corporation (NYSE: POL) Reiterated Buy as Value at Zacks.
Riverbed Technology, Inc. (NASDAQ: RVBD) Raised to Outperform at Baird; Reiterated Neutral and cut target to $37 at BofA/ML.
US Cellular (NYSE: USM) Cut to Underperform as Bear of the Day at Zacks.
VMware Inc. (NYSE: VMW) Raised to Neutral at Credit Suisse; Reiterated Buy and raised target to $128 at BofA/ML.
Youku.com Inc (NYSE: YOKU) Started as Neutral at Susquehanna.

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

JON C. OGG

Filed under: Analyst Calls Tagged: AAPL, ATML, BAC, CSCO, CSIQ, CY, FNSR, ISRG, JDSU, KO, MON, POL, RVBD, USM, VMW, YOKU

Top Analyst Upgrades & Downgrades (AAP, ARO, AEO, CF, CMCSA, CMA, CY, KCI, KKD, LULU, MRO, ORCL, PRU, RSH, SMTC, SQNS, UTI, WEN, YHOO)

Administrator — Thu, 26 May 2011 12:23:56 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning.

Advance Auto Parts Inc. (NYSE: AAP) Cut to Neutral at Credit Suisse.
Aeropostale, Inc. (NYSE: ARO) Raised to Market Perform at FBR Capital.
American Eagle Outfitters, Inc. (NYSE: AEO) Raised to Outperform at FBR Capital.
CF Industries Holdings Inc. (NYSE: CF) Maintained Strong Buy as Value at Zacks.
Comcast Corporation (NASDAQ: CMCSA) added to Focus List at Citigroup.
Comerica Incorporated (NYSE: CMA) Raised to Outperform at Oppenheimer.
Cypress Semiconductor Corporation (NASDAQ: CY) Reiterated Strong Buy as Aggressive Growth at Zacks.
Kinetic Concepts, Inc. (NYSE: KCI) Raised to Outperform as Bull of the Day at Zacks.
Krispy Kreme Doughnuts, Inc. (NYSE: KKD) Maintained Strong Buy as Momentum & Value at Zacks.
Lululemon Athletica Inc. (NASDAQ: LULU) Cut to Underperform at FBR Capital.
Marathon Oil Corporation (NYSE: MRO) Reiterated Buy but raised target to $60 at Argus.
Oracle Corporation (NASDAQ: ORCL) Raised to Buy at ThinkEquity.
Prudential Financial. Inc. (NYSE: PRU) Added to Focus List at Credit Suisse.
RadioShack Corporation (NYSE: RSH) Cut to Neutral at Goldman Sachs.
Semtech Corp. (NASDAQ: SMTC) Reiterated Buy but raised target to $33 at Gleacher & Co.
Sequans Communications SA (NYSE: SQNS) Started as Outperform at Baird; Started as Buy at Needham; Started as Buy at UBS.
Universal Tech Institute (NYSE: UTI) Maintained Underperform as Bear of the Day at Zacks.
Wendy’s/Arby’s Group Inc. (NYSE: WEN) Reiterated Sell at Argus.
Yahoo! Inc. (NASDAQ: YHOO) Maintained Buy with $19 target at BofA/ML.

JON C. OGG

Filed under: Analyst Calls Tagged: AAP, AEO, ARO, CF, CMA, CMCSA, CY, KCI, KKD, LULU, MRO, ORCL, PRU, RSH, SMTC, SQNS, UTI, WEN, YHOO

Top Analyst Upgrades & Downgrades (NLY, AAPL, BX, BG, C, CMA, CREE, CY, DRYS, ADM, MCD, MRK, PFE, SVNT, X)

Administrator — Wed, 19 Jan 2011 13:19:18 +0000

These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms.

Annaly Capital Management, Inc. (NYSE: NLY) Cut to Hold at Jefferies.
Apple Inc. (NASDAQ: AAPL) Raised target to $438 at Kaufman Bros; Reiterated Buy with $375 target at Needham; Oppenheimer raised target to $425.
The Blackstone Group (NYSE: BX) Raised to Buy at Jefferies.
Bunge Ltd. (NYSE: BG) Raised to Outperform at Credit Suisse.
Citigroup Inc. (NYSE: C) Cut estimates for 2011 and 2012 at BofA/ML.
Comerica Incorporated (NYSE: CMA) Raised to Hold at Citigroup.
Cree Inc. (NASDAQ: CREE) Kept at Hold but lowered target to $52 at Kaufman Bros.
Cypress Semiconductor Corporation (NASDAQ: CY) Raised to Buy at UBS.
DryShips, Inc. (NASDAQ: DRYS) Started as Neutral at Stern Agee.
Archer Daniels Midland Company (NYSE: ADM) Raised to Outperform at Credit Suisse.
McDonald’s Corporation (NYSE: MCD) Added to Focus List at Credit Suisse.
Merck & Co. Inc. (NYSE: MRK) Started as Outperform at Wells Fargo.
Pfizer Inc. (NYSE: PFE) Started as Outperform at Wells Fargo.
Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) Cut to Underperform at BofA/ML.
United States Steel Corp oration (NYSE: X) Raised to Buy at Deutsche Bank.

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

JON C. OGG

Filed under: Analyst Calls Tagged: AAPL, ADM, BG, BX, C, CMA, CREE, CY, DRYS, MCD, MRK, NLY, PFE, SVNT, X

Top Analyst Upgrades & Downgrades (ARO, ARG, AA, AAPL, BA, BSX, BRCM, COH, DRYS, MELI, TIF, URBN, INTC, CY, ATML, AMZN, APC, GOOG, VVTV)

Administrator — Mon, 03 Jan 2011 13:14:53 +0000

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

Aeropostale, Inc. (NYSE: ARO) Cut to Underperform at Jefferies.
Airgas Inc. (NYSE: ARG) Raised to Outperform at William Blair.
Alcoa, Inc. (NYSE: AA) Raised to Buy at Deutsche Bank.
Apple Inc. (NASDAQ: AAPL) target raised to $400 at ISI and raised target to $385 at Oppenheimer.
The Boeing Company (NYSE: BA) Raised to Overweight at JPMorgan.
Boston Scientific Corporation (NYSE: BSX) Cut to Underweight at JPMorgan.
Broadcom Corporation (NASDAQ: BRCM) Raised to Neutral at BofA/ML.
Coach Inc. (NYSE: COH) Cut to Hold at Jefferies.
DryShips, Inc. (NASDAQ: DRYS) Cut to Underweight at Morgan Stanley.
Mercadolibre, Inc. (NASDAQ: MELI) Raised to Overweight at JPMorgan.
Tiffany & Co. (NYSE: TIF) Cut to Hold at Jefferies
Urban Outfitters Inc. (NASDAQ: URBN) Cut to Hold at Jefferies.
Intel Corporation (NASDAQ: INTC) Cut to Neutral at Piper Jaffray.

Cypress Semiconductor Corporation (NASDAQ: CY) and Atmel Corporation (NASDAQ: ATML) both downgraded to Neutral from Buy on valuation at Gleacher & Co.

Last week’s top five analyst calls can be seen here, including Amazon.com Inc. (NASDAQ: AMZN), Anadarko Petroleum Corporation (NYSE: APC), Google Inc. (NASDAQ: GOOG), ValueVision Media Inc. (NASDAQ: VVTV), and in Apple Inc. (NASDAQ: AAPL).

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: AA, AAPL, AMZN, APC, ARG, ARO, ATML, BA, BRCM, BSX, COH, CY, DRYS, GOOG, INTC, MELI, TIF, URBN, VVTV

Top Analyst Upgrades and Downgrades (AMGN, AON, AMAT, ATML, CBS, CMA, CY, GIS, JNPR, LEA, ORCL, RIMM, LUV, VFC, V)

Administrator — Fri, 17 Dec 2010 13:20:42 +0000

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

Amgen Inc. (NASDAQ: AMGN) Raised to Outperform at Leerink Swann.
AON Corporation (NYSE: AON) Raised to Overweight at JPMorgan.
Applied Materials, Inc. (NASDAQ: AMAT) Raised to Overweight at Barclays.
Atmel Corporation (NASDAQ: ATML) Started as Buy at ThinkEquity.
CBS Corp. (NYSE: CBS) Raised to Buy with $24 target at BofA/ML.
Comerica Incorporated (NYSE: CMA) Cut to Neutral at Baird.
Cypress Semiconductor Corporation (NASDAQ: CY) Started as Buy at ThinkEquity.
General Mills Inc. (NYSE: GIS) Reiterated Buy and $42 target at Argus.
Juniper Networks, Inc. (NASDAQ: JNPR) Started as Buy at Needham.
Lear Corp. (NYSE: LEA) Started as Buy at Goldman Sachs.
Oracle Corporation (NASDAQ: ORCL) Raised to Outperform at Oppenheimer; Raised estimates and target to $38 at Credit Suisse.
Research in Motion Ltd. (NASDAQ: RIMM) Raised estimates and target to $85 at Credit Suisse; target raised to $60 at Canaccord.
Southwest Airlines Co. (NYSE: LUV) Raised to Buy at Soleil.
VF Corporation (NYSE: VFC) Started as Outperform at Wells Fargo.
Visa, Inc. (NYSE: V) Removed from Conviction Buy List but maintained as Buy at Goldman Sachs.

JON C. OGG

Filed under: Analyst Calls Tagged: AMAT, AMGN, AON, ATML, CBS, CMA, CY, GIS, JNPR, LEA, LUV, ORCL, RIMM, V, VFC