Posts for Ticker ‘EFII’

Top 10 Pre-Market Analyst Calls (ABB, AMLN, ARNA, BP, EFII, MET, NVDA, LSI, NETL, XLNX, STO, TOT, WFC)

These are not the only impact analyst calls this morning, but these are the top calls that 247WallSt.com is focusing on:

  • ABB Ltd. (NYSE: ABB) downgraded to SELL from Hold at Citigroup.
  • Amylin Pharma (NASDAQ:AMLN) started as Outperform at Robert Baird.
  • Arena Pharamaceuticals (NASDAQ:ARNA) raised to Buy from Neutral at Banc of America.
  • BP plc (NYSE: BP) downgraded to Underweight from Equal Weight at Lehman Brothers.
  • Electronics for Imaging (NASDAQ:EFII) downgraded to Neutral from Buy at Banc of America.
  • Metlife (NYSE: MET) raised to Outperform from Market Perform at Bernstein.
  • NVIDIA (NASDAQ:NVDA), LSI (NYSE: LSI), NetLogic (NASDAQ:NETL) and Xilinx (NASDAQ:XLNX) all downgraded to HOLD from Buy at Deutsche Bank.
  • StatoilHydro (NYSE: STO) raised to Outperform from neutral at Credit Suisse.
  • Total SA (NYSE: TOT) downgraded to Neutral from Outperform at Credits Suisse.
  • Wells Fargo (NYSE: WFC) downgraded to Underperform from Market Perform at FBR.

Jon C. Ogg
January 15, 2008

The 52-Week Low Club (COF)(NT)(MW)(BKS)

Men’s Warehouse (MW) No one wants shirts, coats, and ties. Falls to $16.76 on bad same-store sales. Down from 52-week high of $56.64.

Barnes & Noble (BKS) Poor sales and weak earnings. Books are passe. Stock drops to $28 down from 52-week high of $43.80.

Nortel Networks (NT) Telecom equipment sector is weak all over. Trades down to $12.13 from 52-week high of $31.79.

Electronics for Imaging (EFII) Expects Q4 miss and gets downgraded. Shares fall to $12.35 from 52-week high of $30.20.

Capital One (COF) Big write-offs. Drops to $38.85 from 52-week high of $83.64.

Douglas A. McIntyre

Top 10 Pre-Market Analyst Calls (AW, CPT, ESPG, GSIC, GE, EFII, IR, MVSN, SAI, UPS)

These aren’t the only analyst calls moving stocks this morning, but these are the ones that 247WallSt.com is focusing on:

  • Allied Waste (AW) downgraded to Neutral at JPMorgan.
  • Camden Property (CPT) downgraded to Peer Perform at Bear Stearns; downgraded to Underweight at JPMorgan.
  • eSpeed (ESPD) raised to Buy from Neutral at Goldman Sachs.
  • Electronics for Imaging (EFII) downgraded to Market Perform at BMO Capital and downgraded to Underperform at Collins Stewart.
  • General Electric (GE) lowered price targets to $38 from $42 at Goldman Sachs, although it maintained a Buy rating.
  • GSI Commerce (GSIC) raised to Outperform at Bear Stearns.
  • Ingersoll Rand (IR) raised to Overweight at Lehman.
  • Macrovision (MVSN) raised to Buy at Jefferies.
  • SAIC (SAI) raised to Overweight at JPMorgan.
  • UPS (UPS) raised to Outperform at Bear Stearns.

Jon C. Ogg
January 10, 2008

Electronics for Imaging (EFII) Shares Down Over 20%

Digital printing operation Electronics for Imaging (EFII) posted third-quarter results below analysts’ expectations on lower margins at its inkjet business.

For the quarter ended September 30, 2007, the EFII reported revenues of $158.3 million, up approximately 15% when compared to third quarter 2006 revenue of $138.2 million.

GAAP net income was $8.1 million or $0.13 per diluted share in the third quarter of 2007, compared to a net loss of $27.7 million or $0.49 per diluted share for the same period in 2006

For the fourth quarter of 2007, the Company expects revenues in the range of $160 million to $165 million.

That seemed to upset investors.

Douglas A. McIntyre