24/7 Wall St. » FLIR

24/7 Wall St. Closing Bell (COP, GILD, AMSC, MA, COH, LNKD, ATVI, CPST, GPRE, KONA, TRLG, LGF, MOVE, NBL, PCYC, ALU, FLIR, RUTH, FSLR, CIE, TBAC, RPXC, AMRS)

Paul Ausick — Fri, 10 Feb 2012 21:07:37 +0000

All three major US stock indexes opened lower this morning and the day was mostly a gentle slide for the rest of the trading session. The failed Greek debt deal weighed on futures this morning and nothing came along during the day to lift anyone’s spirits. US consumer sentiment fell slightly in January, the US trade deficit grew, and the federal budget deficit shrank, but now by enough to ignite buyers. Remarks by Fed chairman Bernanke on how to fix the housing mess didn’t offer anything new either. With equities and commodities all lower, the dollar index rose 0.523% today to 79.140. Crude oil is down today, with WTI down -1.04% at $98.80/barrel and Brent down -1.05% at $117.35/barrel. Gold settled down -0.9% at $1,725.30/ounce.

The unofficial closing bells put the DJIA down more than 89 points to 12,801.23 (-0.69%), the NASDAQ fell more than 23 points (-0.8%) to 2,903.88, and the S&P 500 fell -0.69% or more than 9 points to 1,342.64.

There were several analyst upgrades and downgrades today, including ConocoPhillips (NYSE: COP) raised to ‘buy’ at Deutsche Bank; Gilead Sciences Inc. (NASDAQ: GILD) started as ‘overweight’ at both Barclays and Morgan Stanley; American Superconductor Corp. (NASDAQ: AMSC) raised to ‘buy’ at Goldman Sachs; Mastercard Inc. (NYSE: MA) reiterated as ‘buy’ and target price raised to $450 at Argus; and Coach Inc. (NYSE: COH) started as ‘buy’ at Citigroup.

Earnings reports since markets closed last night have led to some price changes as of the last half hour of trading today: LinkedIn Corp. (NASDAQ: LNKD) is up more than 18% at $90.44 (more coverage here); Activision Blizzard Inc. (NASDAQ: ATVI) is down -2.84% at $12.30; Capstone Turbine Corp. (NASDAQ: CPST) is down -9.8% at $1.26; Green Plains Renewable Energy Inc. (NASDAQ: GPRE) is down -3.5% at $11.20; Kona Grill Inc. (NASDAQ: KONA) is down -3.8% at $6.05; True Religion Apparel Inc. (NASDAQ: TRLG) is down more than -27% at $26.75; Lions Gate Entertainment Corp. (NYSE: LGF) is up 6.5% at $11.73 after posting a new 52-week high of $12.24 earlier today; Move Inc. (NASDAQ: MOVE) is up 14% at $8.65; Noble Energy Inc. (NYSE: NBL) is down -2.7% at $100.70; Pharmacyclics Inc. (NASDAQ: PCYC) is up more than 14% at $22.65 after posting a new 52-week high of $23.57 earlier today; Alcatel Lucent (NYSE: ALU) is up more than 13% at $2.2 (more coverage here); FLIR Systems Inc. (NASDAQ: FLIR) is down -3.3% at $24.90; and Ruth’s Hospitality Group Inc. (NASDAQ: RUTH) is up 3.2% at $6.19.

Other standouts from today include the following stocks:

First Solar Inc. (NASDAQ: FSLR) is down more than -10% at $43.94. The thin-film solar panel maker is having trouble meeting a financing requirement related to the sale of one of its solar farms to Exelon Corp. (NYSE: EXC). More coverage here.

Tandy Brands Accessories Inc. (NASDAQ: TBAC) is up nearly 71% at $1.77. The clothing accessories maker announced strong earnings and two new brand licensing agreements today.

Cobalt International Energy Inc. (NYSE: CIE) is up 35% at $32.27 after posting a new 52-week high of $36.51 earlier today. The independent oil & gas producer reported significantly better-than-expected flows from a test well offshore of Angola.

RPX Corp. (NASDAQ: RPXC) is up more than 11% at $19.21. The patent risk management company has a contract with Alcatel Lucent that could be very valuable as the larger company begins more aggressively to license its 29,000 patents.

Amyris Inc. (NASDAQ: AMRS) is down more than -28% at $6.95 after posting a new 52-week low of $6.85 earlier today. The biofuel maker’s stock was downgraded following a negative outlook from the company for 2012.

Stay tuned for Monday. We have noted the following events on the schedule (all times Eastern):

11:30 a.m. – 3- and 6-month Treasury bill auctions

Have a great weekend.

Paul Ausick

Filed under: 24/7 Wall St. Wire Tagged: ALU, AMRS, AMSC, ATVI, CIE, COH, COP, CPST, FLIR, FSLR, GILD, GPRE, KONA, LGF, LNKD, MA, MOVE, NBL, PCYC, RPXC, RUTH, TBAC, TRLG

Top Analyst Upgrades and Downgrades (AEP, AAPL, APOL, CNI, CEO, DD, FDO, FLIR, KLIC, LIZ, TKC, VZ, WYNN, YRCWD)

Administrator — Tue, 12 Oct 2010 12:05:50 +0000

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

American Electric Power Co., Inc. (NYSE: AEP) Cut to Hold at Jefferies.
Apple Inc. (NASDAQ: AAPL) Reiterated Buy but target raised to $385 from $340 at Barclays.
Apollo Group Inc. (NASDAQ: APOL) Started as Neutral at UBS.
Canadian National Railway Co. (NYSE: CNI) Cut to Hold at Stifel Nicolaus.
CNOOC Ltd. (NYSE: CEO) Cut to Neutral at HSBC.
EI DuPont de Nemours & Co. (NYSE: DD) Raised to Buy at BofA/Merrill Lynch.
Family Dollar Stores, Inc.(NYSE: FDO) Raised to Strong Buy at S&P Equity Research (late Monday call).
FLIR Systems, Inc. (NASDAQ: FLIR) Reiterated Buy at Needham.
Kulicke & Soffa Industries Inc. (NASDAQ: KLIC) Cut to Hold at Jefferies.
Liz Claiborne Inc. (NYSE: LIZ) Started as Neutral at SunTrust.
Turkcell Iletisim Hizmetleri AS (NYSE: TKC) Cut to Underweight at Morgan Stanley.
Verizon Communications Inc. (NYSE: VZ) Cut to Underperform at Bernstein.
Wynn Resorts Ltd. (NASDAQ: WYNN) Cut to Market Perform at BMO; Raised to Buy at S&P Equity Research (late Monday call).
YRC Worldwide, Inc. (YRCWD) Started as Underperform at Morgan Keegan.

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: AAPL, AEP, APOL, CEO, CNI, DD, FDO, FLIR, KLIC, LIZ, TKC, VZ, WYNN, YRCWD

Top Analyst Upgrades/Downgrades (MMM, AEG, AGU, ATHN, BHI, DLTR, FLIR, HON, MOS, OTEX, TGT)

Administrator — Tue, 17 Aug 2010 12:14:04 +0000

These are some of this Tuesday’s top research calls with upgrades. downgrades, and initiations seen from Wall Street analysts:

3M Co. (NYSE: MMM) Cut to Underweight at JPMorgan.
Aegon NV (NYSE: AEG) Raised to Buy at S&P Equity Research.
Agrium Inc. (NYSE: AGU) Raised to Overweight at JPMorgan.
athenahealth, Inc. (NASDAQ: ATHN) Cut to Neutral at Baird.
Baker Hughes Inc. (NYSE: BHI) Raised to Positive at Susquehanna.
Dollar Tree, Inc. (NASDAQ: DLTR) Cut to Underweight at JPMorgan.
FLIR Systems, Inc. (NASDAQ: FLIR) Reiterated Buy at Needham.
Honeywell International Inc. (NYSE: HON) Raised to Overweight at JPMorgan.
Mosaic Co. (NYSE: MOS) Cut to Neutral at JPMorgan.
Open Text Corporation (NASDAQ: OTEX) Cut to Sector Perform at RBC.
Target Corp. (NYSE: TGT) Raised to Buy at BofA/Merrill Lynch.

JON C. OGG

Filed under: Analyst Calls Tagged: AEG, AGU, ATHN, BHI, DLTR, FLIR, HON, MMM, MOS, OTEX, TGT

Top Analyst Upgrades & Downgrades (AONE, BIG, BRCM, CME, FITB, FLIR, GOOG, MRVL, STP, YHOO, TS)

247wallst — Thu, 25 Feb 2010 13:50:47 +0000

These are this morning’s top analyst research calls for upgrades, downgrades, and initiations seen from Wall Street analysts this Thursday:

A123 Systems (NASDAQ: AONE) Started as Equal-Weight at Barclays.
Big Lots (NYSE: BIG) Raised to Overweight at JPMorgan.
Broadcom Corp. (NASDAQ: BRCM) Started as Overweight at JPMorgan.
CME Group (NYSE: CME) Raised to Buy at Deutsche Bank.
Fifth Third Bancorp (NASDAQ: FITB) Cut to Hold at Citigroup.
Flir Systems (NASDAQ: FLIR) Started as Neutral at Goldman Sachs.
Google Inc. (NASDAQ: GOOG) Started as Neutral at MKM Partners.
Marvell Technology Group Ltd. (NASDAQ: MRVL) Started as Overweight at JPMorgan.
Suntech Power Holdings Co. Ltd. (NYSE: STP) Raised to Hold from Sell at Deutsche Bank.
Yahoo! Inc. (NASDAQ: YHOO) Started as Neutral at MKMPartners.
Tenaris SA (NYSE: TS) Cut to Neutral at Goldman Sachs.

You are invited to join our free daily email distribution list to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

JON C. OGG

Filed under: Analyst Calls Tagged: AONE, BIG, BRCM, CME, FITB, FLIR, GOOG, MRVL, STP, TS, YHOO

Cramer’s 2010 Counterterrorism Stock Picks (ASEI, OSIS, FLIR, COGT, NICE)

247wallst — Tue, 05 Jan 2010 23:45:23 +0000

It seems every market pundit has their outlook picks for 2010, and Jim Cramer is no different. Last night was Cramer’s “Energy Shortage Stock Picks for 2010″ and on CNBC’s MAD MONEY tonight Cramer gave his featured stock picks in the Homeland Security and anti-terrorism sector. Considering the recent failed plane bombing attempt on Christmas Day, this sector enjoyed much interest last week. Cramer believes the real counter-terrorism stocks that are not the garbage speculative names are American Science & Engineering Inc. (NASDAQ: ASEI), OSI Systems, Inc. (NASDAQ: OSIS), FLIR Systems, Inc. (NASDAQ: FLIR), and Cogent, Inc. (NASDAQ: COGT). His big feature and review stock for charts and fundamentals was in Nice Systems Ltd. (NASDAQ: NICE). Cramer did note that some of these are still up very big from lows and might need to be bought on pullbacks.

American Science & Engineering Inc. (NASDAQ: ASEI) scans for bombs and weapons in transportation systems and it has a $150 million order backlog with a market ten-times the company’s current revenues. OSI Systems, Inc. (NASDAQ: OSIS) is a new pick from Cramer and it rose from $22.02 before Christmas and went briefly over $28.00 to new recent highs before pulling back. Its 52-week trading range is $11.01 to $28.49. This one screens people and can detect materials inside clothing.

FLIR Systems, Inc. (NASDAQ: FLIR) is Cramer’s pick in security and surveillance that protects major companies and government facilities. FLIR closed at $32.72 and its 52-week trading range is $18.81 to $33.35. Cogent, Inc. (NASDAQ: COGT) is Cramer’s pick for fingerprint and palm scanning technology. Cogent closed at $10.28 and its 52-week trading range is $7.96 to $12.92.

Cramer also featured and reviewed Nice Systems Ltd. (NASDAQ: NICE) over tracking terrorism suspects based upon software for abnormal behavior for counter-terrorism and over phone surveillance. He then reviewed the chart. The chart looks solid to him because of higher highs and higher lows. The Real Money writer believes it has room to run up to $40.00 and is not really extended on its chart. The November lows came on very high volume that shook out the sellers. Cramer believes this one has been ignored entirely by the terrorism stocks and can have camera to camera reviewing. It has $500 million, about $8.00 per share, is looking for more acquisitions to make, and trades cheap at 18-times earnings.

I would like to personally invite you to join in with the thousands of readers on our free daily email distribution list from 24/7 Wall St. to hear about ongoing day trader and options trader alerts, analyst upgrades and downgrades, stock and market rumors, Buffett and guru investor news, M&A and IPOs, and more.

Cramer’s “Energy Shortage Stock Picks for 2010″ can be found here.

Jon C. Ogg
January 5, 2010

Posted in Analyst Calls, Cramer, Cult Stock, Defense, Transports Tagged: ASEI, COGT, FLIR, NICE, OSIS

Top Analyst Downgrades & Cautious Calls (BCE, GLW, FLIR, GOV, GR)

247wallst — Tue, 15 Sep 2009 11:39:54 +0000

These are this Tuesday morning’s early-bird analyst downgrades and cautious research calls seen from Wall Street with about two hours until the market opens:

BCE (BCE) Cut to Neutral at UBS.
Corning (GLW) Started as Neutral at Goldman Sachs.
FLIR Systems (FLIR) Cut to Neutral at JPMorgan.
Government Properties Income Trust (GOV) Cut to Underperform at BofA/Merrill Lynch.
Goodrich Corp. (GR) Cut to Neutral at BofA/Merrill Lynch.

JON C. OGG

Posted in Analyst Calls Tagged: BCE, FLIR, GLW, GOV, GR

Top Analyst Upgrades & Downgrades (ADPT, CBST, FLIR, MA, TEX, LXK, MCXH, V, XRX, ZRAN)

247wallst — Fri, 20 Feb 2009 13:18:11 +0000

These are the top pre-market analyst upgrades and downgrades we have seen from Wall Street this Friday morning:

Adaptec (ADPT) Raised to Outperform at Morgan Keegan.
Cubist Pharamceuticals (CBST) Started as Accumulate at ThinkEquity.
FLIR Systems (FLIR) Raised to Overweight at JPMorgan.
MasterCard (MA) Started as Outperform at Baird.
Terex (TEX) Raised to Outperform at Wachovia.
Lexmark (LXK) Cut to Underweight at Barclays.
Marchex (MCHX) downgraded at Thomas Weisel and at JMP Securities.
Visa (V) Started as Neutral at Baird.
Xeros (XRX) Cut to Equal Weight at Barclays.
Zoran (ZRAN) Cut to Underweight at JPMorgan.

JON C. OGG
February 20, 2009

Posted in Analyst Calls Tagged: ADPT, CBST, FLIR, LXK, MA, MCXH, TEX, V, XRX, ZRAN

Top Pre-Market Analyst Downgrades (AXP, AXYS, BJ, CAVM, ERTS, ERIC, FLIR, FTI, GE, HTLD, KNX, NKE, SINA)

247wallst — Wed, 10 Dec 2008 08:10:55 +0000

These are the top downgrades or negative calls we have seen this Wednesday morning from Wall Street analysts:

American Express (AXP) Started as Sell at Banc of America; Started as Sell at Citigroup.
Axsys Technologies (AXYS) Cut to Underweight at JPMorgan.
BJ’s Wholesale (BJ) Cut to Neutral at JPMorgan.
Cavium Networks (CAVM) Cut to Market Weight at Thomas Weisel.
Electronic Arts (ERTS) was downgraded at Citigroup, Banc of America, and piper Jaffray.
Ericsson (ERIC) Cut to Hold at Citigroup.
FLIR Systems (FLIR) Cut to Neutral at JPMorgan.
FMC Tech (FTI) Cut to Sell at UBS.
General Electric (GE) Cut to Neutral at UBS.
Heartlan Express (HTLD) Cut to Sell at UBS.
Knight Transportation (KNX) Cut to Sell at UBS.
Nike (NKE) Cut to Neutral at Banc of America.
Sina (SINA) Cut to Hold at Citigroup.

Jon C. Ogg
December 10, 2008

Posted in Analyst Calls Tagged: AXP, AXYS, BJ, CAVM, ERIC, ERTS, FLIR, FTI, GE, HTLD, KNX, NKE, SINA

Earnings Gappers (July 25, 2007)

247wallst — Wed, 25 Jul 2007 07:23:24 +0000

(AMZN) Amazon.com trading up over 20% after beating earnings and raising guidance; has 5 upgrades so far.
(ASH) Ashland $1.35 EPS vs $1.11 estimate.
(BA) Boeing $1.35 EPS vs $1.16 estimate; guidance looks soft if not on items; shares trading up 2% pre-market.
(CACH) Cache $0.12 EPS vs $0.07 estimate.
(CBR) Ciber $0.13 EPS vs $0.12 estimate.
(CL) Colgate-Polmolive $0.84 EPS vs $0.83 estimate.
(ETH) Ethan Allen $0.65 EPS vs $0.65 estimate.
(FLIR) FLIR Systems $0.38 EPS vs $0.36 estimate.
(HES) Hess $1.75 EPS vs $1.45 estimate.
(JOYG) Joy Global issues earnings warning.
(KEM) Kemet $0.12 EPS vs $0.10 estimate.
(MDCO) Medicines Company $0.03 EPS vs $0.02 estimate.
(MPX) Marine Products $0.14 EPS vs $0.12 estimate.
(NTRI) NutriSystem traded down another 10%+ after beating estimates, but lowering guidance.
(PAS) Pepsi Americas $0.60 EPS vs $0.50 estimate.
(PFCB) P.F.Chang’s $0.36 EPS vs $0.36 estimate.
(RAI) Reynolds America $1.10 EPS vs $1.21 estimate.
(SEE) Sealed Air $0.41 EPS vs. $0.42 estimate.
(TRAD) TradeStation $0.18 EPS vs $0.18 estimate.
(TRB) Tribune $0.47 EPS vs $0.48 estimate.
(TROW) T.Rowe Price $0.58 EPS vs $0.58 estimate.
(XEL) Xcel Energy $0.29 EPS vs $0.26 estimate.

Jon C. Ogg
July 25, 2007