Posts for Ticker ‘HCN’

Top Analyst Upgrades (BCS, BBBY, DLTR, EMC, GHL, HCN, NTAP, SNH, WSM, INTC)

These are this morning’s top pre-market analyst upgrades, initiations, and positive broker research calls we have seen early this Thursday morning from Wall Street firms:

  • Barclays (BCS) Raised to Outperform at KBW.
  • Bed Bath & Beyond (BBBY) Started as Buy at Citigroup.
  • Dollar Tree (DLTR) Raised to Overweight at Barclays.
  • EMC Corp (EMC) Started as Buy at Citigroup.
  • Greenhill & CO. (GHL) Raised to Neutral from Sell at Goldman Sachs.
  • Health Care REIT (HCN) Started as Outperform at Wells Fargo.
  • NetApp (NTAP) Started as Buy at Citigroup.
  • Senior Housing (SNH) Raised to Outperform at Wells Fargo.
  • Williams-Sonoma (WSM) Started as Buy at Citigroup.

Elsewhere, JPMorgan is maintaining a cautious stance on Intel Corp. (NASDAQ: INTC) on poor demand expectations, but it raisedx its target to $17.00 from $12.00.

JON C. OGG

Health Care REIT Raising Cash (HCN, SRZ)

Health Care REIT, Inc. (NYSE:HCN) has filed to sell up to 6,000,000 shares of common stock in a secondary offering.  These shares of common stock to be sold are going to registered under the REIT’s existing shelf registration statement on file with the SEC.  The underwriting syndicate consists of Deutsche Bank, Bank of America, UBS, and Merrill Lynch. The underwriters will receive a 30-day option to purchase up to an additional 900,000 shares to cover over-allotments.

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