Top Pre-Market Analyst Downgrades (ABB, BCS, CPO, CYNO, FFIV, GG, HMA, HBC, MBT, NWS, TRI, VIA, VIP)

247wallst — Fri, 16 Jan 2009 07:53:16 +0000

These are some of the top pre-market analyst downgrades we have seen early this Friday morning:

ABB (ABB) Cut to Neutral at Goldman Sachs.
Barclays (BCS) Cut to Sell at RBS.
Corn Products (CPO) Cut to Sell at Deutsche Bank.
Cynosure (CYNO) Cut to Hold at Citigroup.
F5 Networks (FFIV) Cut to Neutral at UBS.
Goldcorp (GG) Cut to Neutral at JPMorgan.
Health Management (HMA) Cut to underweight at Barclays.
HSBC (HBC) Cut to Sell at RBS.
Mobile TeleSystems (MBT) Cut to Equal Weight at Morgan Stanley.
News Corp. (NWS) Cut to Neutral at UBS.
Thomson Reuters (TRI) Cut to Neutral at JPMorgan.
Viacom (VIA) Cut to Neutral at UBS.
Vimpelcom (VIP) Cut to Equal Weight at Morgan Stanley.

Jon C. Ogg
January 16, 2009

Posted in Analyst Calls Tagged: ABB, BCS, CPO, CYNO, FFIV, GG, HBC, HMA, MBT, NWS, TRI, VIA, VIP

Cramer’s Newest Laser Pick

247wallst — Fri, 04 May 2007 17:25:00 +0000

On tonight’s MAD MONEY on CNBC, Jim Cramer said he’s looking at some very speculative names. His second pick is in lasers. Last week he speculated on Ionatron (IOTN) and it went up 17% on a contract win this week. THIS WEEK his laser pick is a cosmetics pick is a new pick called Cynosure, Inc. (CYNO-NASDAQ). Cramer thinks this is a winner like ELOS or PMTI was. Since they settled with Palomar they have been free to operate and now they have an antiwrinkle and lipo lasers. They dont have to pay royalties since this does not do hair removal.

CYNO closed at $30.97 today, at the top of its $11.38 to $32.99 52-week trading range. Its market cap was $355 million and does most business overseas. I took a look at the earnings and this one actually outperforms regularly by a wide margin. It still has substantial revenue growth as well, or so the analyst estimates are calling for.

Jon C. Ogg
May 4, 2007

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

24/7 Wall St. » CYNO

Top Pre-Market Analyst Downgrades (ABB, BCS, CPO, CYNO, FFIV, GG, HMA, HBC, MBT, NWS, TRI, VIA, VIP)

Cramer’s Newest Laser Pick