Posts for Ticker ‘DPS’

Top Analyst Downgrades (BRCD, DPS, DWA, EL, NOK, SNDK, VE)

These are the early-bird analyst downgrades and cautious research calls we have seen from Wall Street this Monday morning:

Brocade Communications (BRCD) Cut to Perform at Oppenheimer.
Dr. Pepper Snapple Group, Inc. (DPS) Cut to Hold at Deutsche Bank.
Dreamworks (DWA) Cut to Market Weight at Thomas Weisel.
Estee Lauder (EL) Cut to Conviction Sell List, but was already Sell, at Goldman Sachs.
Nokia (NOK) Cut to Neutral at HSBC.
SanDisk (SNDK) Cut to Sell at UBS.
Veolia Environment (VE) Cut to Neutral at HSBC.

JON C. OGG

52-Week High Club

Chipotle Mexican Grill (NYSE: CMG) hit a yearly high of $97.33 as options traders place bets in anticipation of positive earnings.

Dr Pepper Snapple Group (NYSE: DPS) hit a yearly high of $28.58 as Citigroup gives the company a buy rating in anticipation of the declaration of a dividend or stock buy backs in 2010.

Mead Johnson Nutrition Company (NYSE: MJN) hit a yearly high of $43.68 as rumors of a takeover circulated.  The shares promptly dropped as the rumored purchaser, Danone SA, denied the reports.

Thor Industries (NYSE: THO) hit a yearly high of $30.64 as it reported that its 4Q profits had quadrupled.  

Valassis Communications (NYSE: VCI) hit a yearly high of $25.25, boosted by positive news coming out of Gannett.

Walgreen Company (NYSE: WAG) hit a yearly high of $37.53 after the company’s earnings beat analysts estimates.

Garrett W. McIntyre

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

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

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

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

Early-Bird Analyst Downgrades (AAP, ALNY, COMV, DISH, DPS, HAS, NATI, NVTL, STEL)

These are some of the early analyst downgrades or negative calls we are seeing this Wednesday in early pre-market hours:

  • Advance Auto Parts (AAP) Cut to Neutral at JPMorgan.
  • Alnylam Pharma (ALNY) Started as Underperform at Leerink Swann.
  • Comverge (COMV) Cut to Neutral at Broadpoint Capital.
  • DISH Network (DISH) Cut to Market Perform at Bernstein.
  • Dr. Pepper Snapple (DPS) Cut to Neutral at UBS.
  • Hasbro (HAS) Cut to Underperform at BMO Capital.
  • National Instruments (NATI) Cut to Neutral at Credit Suisse.
  • Novatel Wireless (NVTL) Cut to Sell at Piper Jaffray.
  • StellarOne (STEL) Cut to Underperform at Baird.

JON C. OGG
August 20, 2008

Famous Brands For Sale, Gone But Not Forgotten (GE)(GM)(XOM)(FDX)

Corporations often start a business that becomes a famous brand, or buy companies that already have highly recognized brand names.  Over time these brands often lose their earnings power.
Corporations who find themselves in this situation have few options other than to sell these operations or to spin them off.

Spin-offs are a standard method employed by companies who need to dump divisions that are performing poorly.  Ownership of these spin offs is passed on to the unfortunate shareholders of the parent company, leaving the shareholders with the gift of ownership of a business that often has little valueGe_large.

Under some circumstances corporate boards make a decision to sell branded businesses which have retained much of their value but are no longer a good fit for the evolved core business.
 
Some of the most iconic companies in the world have been cast off by their parent firms. The most recent highly-visible example is GE’s (GE) plans to wash its hands of its industrial and appliance divisions which include the toaster oven and washer-dryer products which have made GE a household name since the 1950s.

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Top Pre-Market Analyst Upgrades (ARO, AMGN, DPS, EDS, ENR, PCAR, PBR, RAH, SAP, URBN, V)

These are some of the analyst upgrades and positive calls we are seeing early this Tuesday morning:

  • Aeropostale (ARO) Started as Buy at Goldman Sachs.
  • Amgen (AMGN) Raised to Buy at Citigroup.
  • Dr. Pepper Snapple (DPS) Raised to Buy at UBS.
  • Electronic Data Systems (EDS) Raised to Neutral at Credit Suisse.
  • Energizer Holdings (ENR) Raised To Overweight at Morgan Stanley.
  • Paccar (PCAR) Started as Overweight at JPMorgan.
  • Petro Brasileiro-Petrobras- (PBR) Started as Overweight at HSBC.
  • Ralcorp (RAH) Raised to Buy at Lehman.
  • SAP AG ADR (SAP) Raised to Buy at Deutsche Bank.
  • Urban Outfitters (URBN) Started as Buy at Goldman Sachs.
  • Visa (V) Started as Buy at KeyBanc.

Jon C. Ogg
July 29, 2008

Top 10 Pre-Market Analyst Calls (ANF, ASTI, ASMI, NILE, CHU, CSX, DPS, LLTC, QCOM, WOOF )

These are ten of the analyst calls we are focusing on this Tuesday morning in pre-market trading:

  • Abercrombie (NYSE: ANF) cut to Market Perform at FBR.
  • Ascent Solar (NASDAQ: ASTI) started as Neutral at Jefferies.
  • ASM Intl NV (NASDAQ: ASMI) started as Underperform at Jefferies.
  • Blue Nile (NASDAQ: NILE) Started as Underweight at Thomas Weisel.
  • China Unicom (NYSE: CHU) cut to Neutral at Credit Suisse.
  • CSX Corp (NYSE: CSX) cut to Neutral at UBS.
  • Dr Pepper Snapple (NYSE: DPS) started as Underweight at JP Morgan.
  • Linear Tech (NASDAQ: LLTC) cut to Neutral at UBS.
  • Qualcomm (NASDAQ: QCOM) Started as Buy at Goldman Sachs.
  • VCA Antech (NASDAQ: WOOF) Started as Neutral at Piper Jaffray.

Jon C. Ogg
June 3, 2008