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Top Analyst Upgrades & Downgrades (AKS, ALU, AWK, APA, AF, AZK, DRI, HBAN, PHG, LTD, PIR, Rl, RL, UL, URBN, VIP, WBMD, WCC)

Administrator — Wed, 11 Jan 2012 13:07:18 +0000

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

AK Steel Holding Corp. (NYSE: AKS) Raised to Outperform with $12 target at Credit Suisse.
Alcatel-Lucent, S.A. (NYSE: ALU) Raised to Buy at Deutsche Bank.
American Water Works Company, Inc. (NYSE: AWK) Raised to Buy at Ladenburg Thalmann.
Apache Corporation (NYSE: APA) Started as Buy at Stifel Nicolaus.
Astoria Financial Corporation (NYSE: AF) Cut to UNderweight at JPMorgan.
Aurizon Mines Ltd. (NYSE: AZK) named as Value Stock of the Day at Zacks.
Darden Restaurants, Inc. (NYSE: DRI) Maintained Underperform as Bear of the Day at Zacks.
Huntington Bancshares Inc. (NASDAQ: HBAN) Cut to Hold at Stifel Nicolaus.
Koninklijke Philips Electronics NV (NYSE: PHG) Cut to Sell at Citigroup.
Lazard Ltd. (NYSE: LTD) Cut to Neutral at Citigroup.
Pier 1 Imports Inc. (NYSE: PIR) Started as Hold at Argus.
Ralph Lauren Corporation (NYSE: RL) Cut to Market Perform at Wells Fargo.
Unilever PLC (NYSE: UL) Cut to Underperform at BofA/ML.
Urban Outfitters Inc. (NASDAQ: URBN) Cut to Sell at Citigroup.
VimpelCom Ltd. (NYSE: VIP) Raised to Neutral at Goldman Sachs.
WebMD Health Corporation (NASDAQ: WBMD) Cut to Market Perform at Wells Fargo.
WESCO International (NYSE: WCC) Raised to Outperform as Bull of the Day at Zacks.

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JON C. OGG

Filed under: Analyst Calls Tagged: AF, AKS, ALU, APA, AWK, AZK, DRI, HBAN, LTD, PHG, PIR, RL, UL, URBN, VIP, WBMD, WCC

Top Analyst Upgrades & Downgrades (BHP, BP, CIM, DRYS, FITB, GFA, HBAN, JCOM, JBHT, ERIC, MS, PLL, PETM, STX, STM, SYNA)

Administrator — Fri, 21 Oct 2011 12:19:00 +0000

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

BHP Billiton (NYSE: BHP) Cut to Hold at Societe Generale; Cut to Neutral at HSBC.
BP plc (NYSE: BP)Started as Neutral at Nomura.
Chimera Investment Corporation (NYSE: CIM) Cut to Underperform at Stern Agee.
DryShips, Inc. (NASDAQ: DRYS) Started as Equal-Weight at Barclays.
Fifth Third Bancorp (NASDAQ: FITB) Reiterated Outperform at Credit Suisse.
Gafisa S.A. (NYSE: GFA) named as Value stock of the day at Zacks.
Huntington Bancshares Inc. (NASDAQ: HBAN) Cut to Perform at Oppenheimer.
j2 Global Communications (NASDAQ: JCOM) Raised to Outperform as Bull of the Day at Zacks.
JB Hunt Transport Services Inc. (NASDAQ: JBHT) Started as Overweight at Barclays.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Reiterated Buy with $19 target at Argus.
Morgan Stanley (NYSE: MS) maintained Underperform as Bear of the Day at Zacks.
Pall Corporation (NYSE: PLL) added to U.S. Focus List at Credit Suisse.
PetSmart, Inc. (NASDAQ: PETM) Cut to Market Perform at Wells Fargo.
Seagate Technology PLC (NASDAQ: STX) Raised to Outperform at Baird; Raised to Buy at ThinkEquity.
STMicroelectronics (NYSE: STM) Raised to Hold at S&P Equity Research.
Synaptics Inc. (NASDAQ: SYNA) Raised to Buy at Stern Agee; Raised to Hold at Needham.

JON C. OGG

Filed under: Analyst Calls Tagged: BHP, BP, CIM, DRYS, ERIC, FITB, GFA, HBAN, JBHT, JCOM, MS, PETM, PLL, STM, STX, SYNA

Top Active Trader Alert Stocks (ERIC, FITB, HBAN, PLCM)

Mike Sauter — Thu, 20 Oct 2011 12:50:49 +0000

Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Ericsson (NASDAQ: ERIC), Fifth Third Bancorp (NASDAQ: FITB), Huntington Bancshares Incorporated (NASDAQ: HBAN), and Polycom, Inc. (NASDAQ: PLCM).

Ericsson (NASDAQ: ERIC) is up more than 6% before market open to $10.27, relative to a 52-week range of $8.83 – $15.44.

Fifth Third Bancorp (NASDAQ: FITB) is up 5.3% premarket to $11.25, relative to a 52-week range of $9.13 – $15.75.

Huntington Bancshares Incorporated (NASDAQ: HBAN) is down 3.8% premarket to $5.02, relative to a 52-week range of $4.46 – $7.70.

Polycom, Inc. (NASDAQ: PLCM) is down 29% premarket to $15.96, relative to a 52-week range of $14.02 – $34.30.

Filed under: General Tagged: ERIC, FITB, HBAN, PLCM

Top Active Trader Alert Stocks (AA, C, HAL, HBAN)

247wallst — Mon, 22 Aug 2011 12:52:09 +0000

Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Alcoa Inc. (NYSE: AA), Citigroup, Inc. (NYSE: C), Halliburton Company (NYSE: HAL), and Huntington Bancshares, Inc. (NASDAQ: HBAN).

Alcoa Inc. (NYSE: AA) is up 4.6% premarket to $11.73, relative to a 52-week range of $9.92-$18.47. Davenport and Co. upgraded the company to buy, with a price target of $18

Citigroup, Inc. (NYSE: C) is up 3% to $27.61, relative to a 52-week range of $26.25-$51.50.

Halliburton Company (NYSE: HAL) is up 3.4% to $39.34, relative to a 52-week range of $27.36-$57.77.

Huntington Bancshares, Inc. (NASDAQ: HBAN) is up 4.39% before market open to $4.46, relative to a 52-week range of $4.56-$7.70. Shares had previously dropped 10% from Wednesday.

Filed under: Pre-Market Activity, Trading Alert Tagged: AA, C, HAL, HBAN

How AIG’s Suit on BofA Matters (AIG, BAC, GS, JPM, C, HBAN, RF)

Administrator — Mon, 08 Aug 2011 13:47:40 +0000

Bank of America Corporation (NYSE: BAC) has rapidly turned into a runaway train. The latest suit from American International Group, Inc. (NYSE: AIG) for $10 billion for its massive mortgage fraud is just the most recent thorn in the bank’s side.

What has happened is that the Countrywide acquisition has turned out to be the ultimate disaster. The bank is going to potentially have to bring up the remaining Merrill Lynch unit heads to help remedy the situation. By taking over Countrywide before it would have imploded rather than after it imploded, Bank of America’s hole in the balance sheet is one where nobody can tell you where the end is.

What is obvious is that Countrywide (and Merrill Lynch for that matter) is just the first. Most other indications show that competing banks are going to be sued by AIG as well. If you recall, Goldman Sachs Group Inc. (NYSE: GS) has effectively been accused of betting against its trading partner clients (and worse) in the mortgage mess.

JPMorgan Chase & Co. (NYSE: JPM) was active in mortgages as well, but the bank at least had the highest credit quality customer base even at the peak of the mayhem. Citigroup, Inc. (NYSE: C) is down 4.4% at $31.95, also on securitization fears even though Citi is believed to have less ultimate exposure here.

Some of the other banks which lost handily and still have more leverage than investors seeking safety may face some music today too. Huntington Bancshares Inc. (NASDAQ: HBAN) is down around $5.10 after a $5.39 close and Regions Financial Corp. (NYSE: RF) is down only 2.5% at $4.97.

The big question is whether or not Brian Moynihan is going to be able to keep his role as CEO. The mess was not his fault and it was inherited, but the situation here has grown and grown for the worse under his leadership. If Moynihan does leave, there is still one man who won’t get to run the show: Angelo Mozilo.

At the end of the day, every bank and brokerage firm that sold mortgage products has a real defense against AIG. If anyone should have known what they were buying, it should have been AIG. The notion that AIG is taxpayer-owned for the most part does not really matter in that sense of the word.

JON C. OGG

Filed under: Banking, Bankruptcy, Housing, Law Tagged: AIG, BAC, C, GS, HBAN, JPM, RF

Top Analyst Upgrades & Downgrades (AMD, AXP, AZN, CCI, DF, HBAN, ERIC, MHS, NFLX, SNDK, SZYM, TLAB, UNH)

Administrator — Fri, 22 Jul 2011 12:16:40 +0000

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

Advanced Micro Devices, Inc. (NYSE: AMD) Raised to Market Perform at Wells Fargo; Raised to Buy at Canaccord Genuity.
American Express Co. (NYSE: AXP) Reiterated Buy and raised target to $65 at Argus.
AstraZeneca (NYSE: AZN) Cut to Neutral at BofA/ML.
Crown Castle Inc. (NYSE: CCI) Raised to Outperform as Bull of the Day at Zacks.
Dean Foods Company (NYSE: DF) Raised to Buy at BofA/ML.
Huntington Bancshares Inc. (NASDAQ: HBAN) Cut to Market Perform at FBR.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Reiterated Buy with $19 target at Argus; Raised to Buy at S&P Equity Research.
Medco Health Solutions Inc. (NYSE: MHS) Cut to Hold at Argus.
Netflix, Inc. (NASDAQ: NFLX) Maintained Outperform with $280 target at Credit Suisse.
SanDisk Corporation (NASDAQ: SNDK) Maintained Sell at Zacks; Reiterated Buy at Gleacher.
Solazyme, Inc. (NASDAQ: SZYM) Started as Outperform at Baird.
Tellabs Inc. (NASDAQ: TLAB) Maintained Underperform as Bear of the Day at Zacks.
UnitedHealth Group (NYSE: UNH) Reiterated Buy as Value at Zacks.

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: AMD, AXP, AZN, CCI, DF, ERIC, HBAN, MHS, NFLX, SNDK, SZYM, TLAB, UNH

Top Analyst Upgrades & Downgrades (ALU, ABX, BSX, C. CLX, EBAY, GNW, HBAN, JDSU, LNKD, ERIC, NFLX, NXPI, RJET, SNI, SBNY, SKYW, SPWRA, LCC)

Administrator — Mon, 18 Jul 2011 12:30:02 +0000

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

Alcatel-Lucent (NYSE: ALU) Maintained Underperform but raised estimates at Credit Suisse.
Barrick Gold Corporation (NYSE: ABX) Reiterated Strong Buy as Value at Zacks.
Boston Scientific Corporation (NYSE: BSX) Cut to Underweight at Barclays.
Citigroup Inc. (NYSE: C) maintained Buy with $53 target but slightly cut estimates at BofA/ML; Reiterated Sell at Argus.
Clorox Corporation (NYSE: CLX) Cut to Perform at Oppenheimer; Raised to Market Perform at Bernstein.
eBay Inc. (NASDAQ: EBAY) Staretd as Buy with $40 target at Argus.
Genworth Financial Inc. (NYSE: GNW) Cut to Underperform as Bear of the Day at Zacks.
Huntington Bancshares Inc. (NASDAQ: HBAN) Raised to Outperform as Bull of the Day at Zacks.
JDS Uniphase Corporation (NASDAQ: JDSU) Maintained Neutral but cut target to $15.50 at Credit Suisse.
LinkedIn Corporation (NYSE: LNKD) Cut to Neutral from Overweight at JPMorgan.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Raised to Outperform at Credit Suisse.
Netflix, Inc. (NASDAQ: NFLX) Cut to Sector Perform at Pacific Crest.
NXP Semiconductors NV (NASDAQ: NXPI) Started as Outperform at Credit Suisse.
Republic Airways Holdings Inc. (NASDAQ: RJET) Cut to Underperform at BofA/ML.
Scripps Networks Interactive (NYSE: SNI) Cut to Equal-Weight at Morgan Stanley.
Signature Bank (NASDAQ: SBNY) Started as Buy with $64 target at BofA/ML.
SkyWest Inc. (NASDAQ: SKYW) Reiterated Underperform and cut target to $10 at BofA/ML.
SunPower Corporation (NASDAQ: SPWRA) Cut to Sell at Collins Stewart; Reiterated Underperform at BofA/ML.
US Airways Group, Inc. (NYSE: LCC) Cut to Neutral at BofA/ML.

JON C. OGG

Filed under: Analyst Calls Tagged: ABX, ALU, BSX, C. CLX, EBAY, ERIC, GNW, HBAN, JDSU, LCC, LNKD, NFLX, NXPI, RJET, SBNY, SKYW, SNI, SPWRA

Top Analyst Upgrades & Downgrades (AET, MO, AIG, CCJ, CAT, CI, KO, DF, DPS, EK, HBAN, PEP, PM, SBUX, SPWRA, UNH, WLP)

Administrator — Fri, 13 May 2011 12:29:49 +0000

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

AETNA Inc. (NYSE: AET) Raised to Buy at Citigroup.
Altria Group Inc. (NYSE: MO) Started as Outperform at Wells Fargo.
American International Group, Inc. (NYSE: AIG) Raised to Market Perform at Wells Fargo.
Cameco Corporation (NYSE: CCJ) Reiterated Neutral at BofA/ML.
Caterpillar Inc. (NYSE: CAT) Raised to Outperform as Bull of the Day at Zacks.
CIGNA Corporation (NYSE: CI) Raised to Buy at Citigroup.
Coca-Cola Company (NYSE: KO) Started as Outperform at Wells Fargo.
Dean Foods Co. (NYSE: DF) Raised to Buy at Goldman Sachs.
Dr Pepper Snapple Group, Inc. (NYSE: DPS) Started as Outperform at Wells Fargo.
Eastman Kodak Co. (NYSE: EK) Maintained Underperform as Bear of the Day at Zacks.
Huntington Bancshares Inc. (NASDAQ: HBAN) Reiterated Buy at BofA/ML.
Pepsico Inc. (NYSE: PEP) Started as Market Perform at Wells Fargo.
Philip Morris International, Inc. (NYSE: PM) Started as Outperform at Wells Fargo.
Starbucks Corporation (NASDAQ: SBUX) Started as Market Perform at Wells Fargo.
SunPower Corporation (NASDAQ: SPWRA) Maintained Sell at Auriga; Cut to Hold at ThinkEquity.
Unitedhealth Group, Inc. (NYSE: UNH) Raised to Buy at Citigroup.
WellPoint Inc. (NYSE: WLP) Raised to Buy at Citigroup.

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: AET, AIG, CAT, CCJ, CI, DF, DPS, EK, HBAN, KO, MO, PEP, PM, SBUX, SPWRA, UNH, WLP

Top Analyst Upgrades & Downgrades (AIXG, BMY, DKS, HEV, GNC, HMY, HBAN, HUN, JASO, JNJ, NTAP, NYB, QIHU, SBUX, UTI, WMB)

Administrator — Wed, 11 May 2011 12:29:28 +0000

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

Aixtron SE (NASDAQ: AIXG) Cut to Sell at Canaccord Genuity.
Bristol-Myers Squibb Company (NYSE: BMY) Cut to Neutral at Goldman Sachs.
Dick’s Sporting Goods Inc. (NYSE: DKS) Raised to Buy at Goldman Sachs.
Ener1, Inc. (NASDAQ: HEV) Cut to Sell at Wunderlich.
GNC Holdings Inc. (NYSE: GNC) Started as Market Perform at BMO; Started as Neutral at Goldman Sachs; Started as Overweight at Morgan Stanley; Started as Outperform at Credit Suisse; Started as Overweight at JPMorgan.
Harmony Gold Mining Co. Ltd. (NYSE: HMY) Raised to Neutral at HSBC.
Huntington Bancshares Inc. (NASDAQ: HBAN) Started as Outperform at Credit Suisse.
Huntsman Chemicals Corp (NYSE: HUN) Maintained Strong Buy and Value at Zacks.
JA Solar Holdings Co., Ltd. (NASDAQ: JASO) Raised to Neutral at Credit Suisse.
Johnson & Johnson (NYSE: JNJ) Raised to Buy at Goldman Sachs.
NetApp Inc. (NASDAQ: NTAP) Raised to Outperform at RBC.
New York Community Bancorp (NYSE: NYB) Started as Outperform at Credit Suisse.
Qihoo 360 Technology Co. Ltd. A (NYSE: QIHU) Started as Buy at Citigroup (late-Tuesday).
Starbucks Corporation (NASDAQ: SBUX) Reiterated Buy and $42 target at Argus.
Universal Technical Institute (NYSE: UTI) maintained Underperform as Bear of the Day at Zacks.
The Williams Companies (NYSE: WMB) Raised to Outperform as Bull of the Day at Zacks.

JON C. OGG

Filed under: Analyst Calls Tagged: AIXG, BMY, DKS, GNC, HBAN, HEV, HMY, HUN, JASO, JNJ, NTAP, NYB, QIHU, SBUX, UTI, WMB

Top Analyst Upgrades & Downgrades (ACH, ARW, HBAN, KIRK, MPEL, PETM, PHM SINA, STLD)

Administrator — Thu, 21 Apr 2011 12:16:04 +0000

Live from the Amsterdam Stock Exchange, or what is left of it, outside the NYSE Euronext HQ in Amsterdam… No Rembrandt, no Dutch East India Company, and not even Van Gogh… It is going to be a lite day on research calls as we are just ahead of a three-day weekend and some of us are already away. These are some of the top analyst upgrades and downgrades we have seen from Wall Street research calls this Thursday morning:

Aluminum Corporation Of China Limited (NYSE: ACH) Raised to Neutral at Goldman Sachs.
Arrow Electronics Inc. (NYSE: ARW) named as Bull of the Day at Zacks.
Huntington Bancshares Inc. (NASDAQ: HBAN) Raised to Buy at BofA/ML.
Kirkland’s, Inc. (NASDAQ: KIRK) named as Bear of the Day at Zacks.
Melco Crown PBL (NASDAQ: MPEL) Reiterated Buy and target raised to $12.40 at UBS.
PetSmart, Inc. (NASDAQ: PETM) Raised to Buy at Goldman Sachs.
PulteGroup, Inc. (NYSE: PHM) Cut to Hold at S&P Equity Research (late-Wednesday call).
SINA Corporation (NASDAQ: SINA) Cut to Sell at Goldman Sachs.
Steel Dynamics Inc. (NASDAQ: STLD) listed as a daily value stock at Zacks.

JON C. OGG

Filed under: Analyst Calls Tagged: ACH, ARW, HBAN, KIRK, MPEL, PETM, PHM SINA, STLD