Posts for Ticker ‘IFX’

Analyst Upgrades & Downgrades in Tech & Telecom (AKAM, DRIV, IFX, LEAP, PCS, NETL, SAP, TEL)

These are the top upgrades, downgrades, and new coverage calls from Wall Street analysts in technology and telecom this Thursday morning:

Akamai Technologies (NASDAQ: AKAM) Cut to Hold at Jefferies; Cut to to Neutral from Buy at Merriman Curhan Ford.
Digital River (NASDAQ: DRIV) Cut to Hold at Deutsche Bank.
Infineon (NYSE:IFX) Raised to Buy at RBS.
Leap Wireless (LEAP) Cut to Neutral at RW Baird.
MetroPCS (NYSE: PCS) Cut to Neutral from Outperform at RW Baird…
NetLogic (NASDAQ: NETL) Cut to Neutral from Outperform at RW Baird.
SAP AG (NYSE: SAP) Raised to Hold from Sell at Societe Generale.
Tyco Electronics (NYSE: TEL) Raised to Buy from Neutral at UBS.

Jon C. Ogg
July 30, 2009

Posted on: July 30, 2009 – 8:12 am in Analyst Calls, Technology Companies, Telecom, , , , , , , ,

Top Analyst Upgrades (ARMH, ASML, BSX, CLX, GR, IFX, LAZ, SKS, SNIC, VICL)

These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Friday morning with more than two hours until the market opens:

ARM Holdings (ARMH) Started as Overweight at Barclays.
ASML Holding (ASML) Started as Overweight at Barclays.
Boston Scientific (BSX) Started as Outperform at Baird.
Clorox (CLX) Raised to Outperform at Oppenheimer.
Goodrich (GR) Started as Outperform at Oppenheimer.
Infineon (IFX) Started as Overweight at Barclays.
Lazard (LAZ) Started as Outperform at Oppenheimer; removed from Goldman Sachs Conviction Buy List.
Saks (SKS) Raised to Buy at Deutsche Bank.
Sonic Solutions (SNIC) Raised to Outperform at William Blair.
Vical (VICL) Started as Overweight at Thomas Weisel.

JON C. OGG

Posted on: June 12, 2009 – 6:31 am in Analyst Calls, , , , , , , , , ,

Top Analyst Upgrades (ALU, AMGN, HBC, IFX, SMTC, DIS, WBMD)

These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street this Wednesday morning with more than two hours until the market opens:

Alcatel-Lucent (ALU) Raised to Neutral from Sell at Goldman Sachs.
Amgen (AMGN) Started as Outperform at Wachovia.
HSBC (HBC) Raised to Neutral at JPMorgan.
Infineon Technologies (IFX) Raised to Buy at BofA/Merrill.
Semtech Corp. (SMTC) Raised to Outperform at Oppenheimer.
Walt Disney (DIS) Raised to Overweight at Barclays.
WebMD (WBMD) Raised to Accumulate at ThinkEquity.

JON C. OGG

Posted on: May 6, 2009 – 6:26 am in Analyst Calls, , , , , , ,

Top Analyst Upgrades (ANF, AEP, BUCY, EXR, IFX, JOYG, LPL, TWX, UTHR, WYNN)

These are some of the top pre-market analyst upgrades and positive research calls we have seen from all Street this Monday morning:

Abercrombie & Fitch (ANF) Started as Buy at Brean Murray.
American Electric (AEP) Raised to Buy at KeyBanc Capital.
Bucyrus (BUCY) Raised to Neutral at JPMorgan.
Extra Space Storage (EXR) Raised to Buy at Citigroup.
Infineon (IFX) Raised to Buy at UBS.
Joy Global (JOYG) Raised to Neutral at JPMorgan.
LG Display (LPL) Started as Buy at Collins Stewart.
Time Warner Cable (TWC) Raised to Buy at Collins Stewart.
United Therapeutics (UTHR) Started as Buy at Lazard Capital Markets.
Wynn Resorts (WYNN) Raised to Buy at UBS.

JON C. OGG

Posted on: April 6, 2009 – 7:40 am in Analyst Calls, , , , , , , , , ,

Early Bird Analyst Upgrades (AXA, ENER, IFX, MAN, RTP, XTO)

money_stack_pic1These are some of the top pre-market analyst upgrades and positive calls we have seen this Tuesday morning with well over two hours until the market opens:

AXA (AXA) Started as Buy at Jefferies.
Energy Conversion Devices (ENER) Raised to Buy at Piper Jaffray.
Infineon (IFX) Raised to Hold at RBS.
Manpower (MAN) Raised to Neutral from Sell at Goldman Sachs.
Rio Tinto (RTP) Raised to Buy from Hold at Deutsche Bank.
XTO Energy (XTO) Raised to Outperform at RBC.

Jon C. Ogg
February 10, 2009

Posted on: February 10, 2009 – 7:24 am in Analyst Calls, , , , , , , ,

Top Pre-Market Analyst Downgrades (BPT, BSY, DELL, ETR, HTE, IFX, NVLS, PM, POWI, SBR, TXT, THQI)

Burning_money_picThese are some of the top downgrades and negative calls we are seeing from Wall Street analysts this Thursday morning:

  • BP Prudhoe Bay Royalty (BPT) Cut to Sell at Citigroup.
  • British Sky Broadcast (BSY) Cut to Neutral at UBS.
  • DELL (DELL) Cut to Underweight at JPMorgan.
  • Entergy (ETR) Cut to Neutral at JPMorgan.
  • Harvest Energy Trust (HTE) Cut to Sell at Citigroup.
  • Infineon (IFX) Cut to Underweight at JPMorgan.
  • Novellus Systems (NVLS) Cut to Neutral at Bank of America-Merrill Lynch.
  • Philip Morris International (PM) Cut to Neutral at Credit Suisse.
  • Power Integrations (POWI) Cut to Neutral at Piper Jaffray.
  • Sabine Royalty Trust (SBR) Cut to Sell at Citigroup.
  • Textron (TXT) Cut to Neutral at JPMorgan.
  • THQ Inc. (THQI) Cut to Neutral at Piper Jaffray.

Jon C. Ogg
February 5, 2009

Posted on: February 5, 2009 – 7:47 am in Analyst Calls, , , , , , , , , , , ,

Top Analyst Upgrades (BKC, CS, FNF, HES, IFX, NUE, OSG)

Money_stack_picThese are the top analyst upgrades we have seen this Monday morning ahead of the opening bell:

  • Burger King (BKC) Raised to Buy at UBS.
  • Credit Suisse (CS) Raised to Buy at Merrill Lynch.
  • Fidelity National (FNF) Raised to Overweight at Barclays.
  • Hess (HES) Raised to Outperform at Credit Suisse.
  • Infineon (IFX) Raised to Neutral from Sell at Deutsche Bank.
  • Nucor (NUE) Raised to Buy at Deutsche Bank.
  • Overseas Shipholding (OSG) Raised to Overweight at JPMorgan.

Jon C. Ogg
December 22, 2008

Posted on: December 22, 2008 – 8:32 am in Analyst Calls, , , , , , ,

Top Pre-Market Analyst Downgrades (ADTN, AZ, CY, F, GPS, GM, IFX, LEN, ERIC, MXIM, PGR, WFMI)

Burning_money_picThese are some of the key analyst downgrades and negative calls we have seen this Tuesday morning:

  • ADTRAN (ADTN) Cut to Neutral at Baird.
  • Allianz (AZ) Started as Underperform at Jefferies.
  • Cypress Semi (CY) Cut to Underweight at JPMorgan.
  • Ford (F) Started as Sell at Societe Generale.
  • Gap Inc. (GPS) Cut to Market Perform at FBR.
  • General Motors (GM) Started as Sell at Societe Generale.
  • Infineon (IFX) Cut to Neutral at UBS.
  • Lennar (LEN) Cut to Neutral at UBS.
  • LM Ericsson (ERIC) Cut to Sell at Deutsche Bank.
  • Maxim Integrated (MXIM) Cut to Underweight at JPMorgan.
  • Progressive (PGR) Cut to Sell at Citigroup.
  • Whole Foods (WFMI) Cut to Underweight at JPMorgan.

Jon C. Ogg
December 16, 2008

Posted on: December 16, 2008 – 7:46 am in Analyst Calls, , , , , , , , , , , ,

The 52-Week Low Club (IFX)(NCX)(TARG)

Sad_clownInfineon Technologies  (IFX) Downgraded due to cash burn. Falls to $.99 from 52-week high of $13.06.

NOVA Chemicals (NCX) CEO leaves. Drops to $4.96 from 52-week high of $25.21.

Targanta Therapeutics (TARG) FDA won’t approve drug. Sells off to $.83 from 52-week high of $10.

Douglas A. McIntyre

Posted on: December 9, 2008 – 3:46 pm in HI/LOW, , ,

The 52-Week Low Club (IFX)(RTP)(POT)(MSCC)

Sad_clown_2Infineon Technologies (IFX) Misses numbers by a mile. Drops to $1.16 from 52-week high of $13.06.

Rio Tinto (RTP) Falling commodities prices and ongoing disappointment about failed takeover by BHP. Down to $64.35 from 52-week high of $558.65.

Potash Corporation (POT) Fertilizer companies under pressure from falling ag prices. Down to $51.70 from 52-week high of $241.62.

Microsemi (MSCC) CEO accused of lying about degree. Drops to $15.30 from 52-week high of $28.50.

Douglas A. McIntyre

Posted on: December 3, 2008 – 3:58 pm in HI/LOW, , , ,

Early Bird Analyst Downgrades (CEDC, IFX, OVTI, PALM, SNDA)

Down_arrow_redThese are some of the early bird analyst downgrades and negative calls we have seen early this Wednesday morning:

  • Central European Distribution (CEDC) Cut to Neutral at JPMorgan.
  • Infineon (IFX) Cut to Sell at RBS.
  • OmniVision Tech (OVTI) Cut to Underperform at Baird.
  • Palm (PALM) Cut to Neutral at Merrill Lynch (late yesterday call).
  • Shanda Interactive (SNDA) targets cut at Citigroup and Credit Suisse.

Jon C. Ogg
December 3, 2008

Posted on: December 3, 2008 – 7:07 am in Analyst Calls, , , , ,

Top Pre-Market Analyst Upgrades (ACE, AUTH, CMCSA, IFX, LLTC, MCHP, SOLF, HOT)

These are not all of the upgrades and positive analyst calls affecting shares, but these are some of the calls impacting shares pre-market this Thursday morning:

  • Ace Limited (NYSE: ACE) Raised to Buy from Hold at Citigroup.
  • AuthenTec (NASDAQ: AUTH) Started as Overweight at JPMorgan.
  • Comcast (NASDAQ: CMCSA) raised to Buy at Goldman Sachs.
  • Infineon Tech (NYSE: IFX) Started as Buy at Jefferies.
  • Linear Tech (NASDAQ: LLTC) Raised to Buy from Neutral at UBS.
  • Microchip Technology (NASDAQ: MCHP) Raised to Buy from Neutral at UBS.
  • Solarfun Power (NASDAQ: SOLF) Started as Buy at Jefferies.
  • Starwood Hotels & Resorts (NYSE: HOT) Raised to Outperform at Wachovia.

Jon C. Ogg
July 17, 2008

Posted on: July 17, 2008 – 6:51 am in Analyst Calls, , , , , , , ,

Top 10 Pre-Market Analyst Calls (ANR, NILE, ENER, IFX, LH, NVS, SOV, TSCO, WY, YGE)

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

  • Alpha Natural Resources (NYSE: ANR) Raised to Overweight at Morgan Stanley.
  • Blue Nile (NASDAQ: NILE) started as Hold at Deutsche Bank.
  • Energy Conversion (NASDAQ: ENER) started as Equal Weight at Lehman Brothers.
  • Infineon (NYSE: IFX) cut to Hold at Citigroup.
  • Laboratory Corp. (NYSE: LH) Started as Overweight at Morgan Stanley.
  • Novartis (NYSE: NVS) started as Overweight at JPMorgan.
  • Sovereign Banc (NYSE: SOV) raised to Outperform at KBW.
  • Tractor Supply (NASDAQ: TSCO) raised to Buy at UBS.
  • Weyerhaeuser (NYSE: WY) cut to Hold at Deutsche Bank.
  • Yingli Green Energy (NYSE: YGE) raised to Buy at Citigroup.

Jon C. Ogg
June 2, 2008

Posted on: June 2, 2008 – 6:37 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (ALU, CHS, LONG, IFX, JNPR, MAR, MFA, NSC, SNDA, VVUS)

These are ten of the analyst calls we are focusing on this Thursday morning:

  • Alcatel-Lucent (NYSE: ALU) Raised to Neutral from Sell at Goldman Sachs.
  • Chico’s FAS (NYSE: CHS) cut to Sell at Citigroup.
  • eLong (NASDAQ: LONG) Cut to Sell from Hold at Citigroup.
  • Infineon (NYSE: IFX) Cut to Reduce at Oppenheimer.
  • Juniper Networks (NASDAQ: JNPR) cut to Neutral at UBS; started as Hold at Lazard.
  • Marriott International (NYSE: MAR) Cut to Equalweight at Morgan Stanley.
  • MFA Mortgage (NYSE: MFA) raised to Outperform at Keefe Bruyette Woods.
  • Norfolk Southern (NYSE: NSC) Raised To Buy from Neutral at Merrill Lynch.
  • Shanda Interactive (NASDAQ: SNDA) Cut to Hold from Buy at Citigroup.
  • Vivus (NASDAQ: VVUS) cut to Market Perform at Wachovia.

Jon C. Ogg
May 29, 2008

Posted on: May 29, 2008 – 6:55 am in Analyst Calls, , , , , , , , , ,

The 52-Week Low Club (ARUN)(UBS)(IAR)

Idearc (NYSE: IAR) Sell off from bad earnings continues. Falls to $8.55 from 52-week high of $38.

R H Donnelley (NYSE: RHD) Shares downgraded. Sells off to $17.33 from 52-week high of $84.49.

Infineon Technologies (NYSE: IFX) German tech still coming down because of bad numbers. Hits low of $8.01 from 52-week high of $18.74.

UBS AG (NYSE: UBS) Tough time to be an international bank. Sells off to $36.55 from 52-week high of $66.26.

Aruba Networks (NASD: ARUN) Poor quarter takes stock down. Falls to $4.81 from 52-week high of $23.85.

UTI Worldwide (NASD: UTIW) Planning big staff cuts. Drops to $16.80 from 52-week high of $32.

Cephalon (NASD: CEPH) Biotech gets downgraded. Sells down to $58.23 from 52-week high of $84.83.

Vertex Pharmaceuticals (NASD: VRTX) No news. Falls to $17.59 from 52-week high of $41.42.

Douglas A. McIntyre

Posted on: February 8, 2008 – 4:02 pm in HI/LOW, , , , , , , ,

The 52-Week Low Club (NT)(GSK)(IAR)(IFX)

Idearc (NYSE: IAR) Big earnings miss mugs shares, Down to $11.21 from 52-week high of $38.

Infineon Technologies (NYSE: IFX) German company posts weak numbers. Sells off to $7.89 from 52-week high of 18.74.

R H Donnelley  (NYSE: RHD) Printing operation has rough day. Falls to $21.10 from 52-week high of $84.49.

Prudential (NYSE: PRU) Joins other financials in the basement. Drops to $69.05 from 52-week high of $103.27.

Nortel Networks (NYSE: NT) Concerns about tech catch up to enterprise telecom equipment firm. Falls off to $10.95 from 52-week high of $31.79.

GlaxoSmithKline (NYSE: GSK) Drug maker has headache. Sells off to $41.71 on earnings from 52-wek high of $59.98.

Orion Energy Systems (NASD:OESX) Brutal quarter. Drops to $6.56 from 52-week high of $22.46.

Edge Petroleum  (NASD: EPEX) Company is selling some of its assets. Sells off to $4.05 from 52-week high of $15.78.

Select Comfort (NASD: SCSS) Bad quarter and downgrade. Drops to $4.94 from 2-week high of $20.17.

Douglas A. McIntyre

Posted on: February 7, 2008 – 4:04 pm in HI/LOW, , , , , , , , ,

Top 10 Pre-Market Analyst Calls (CS, DB, UBS, ASML, IFX, PHG, ETFC, FCEL, MHK, PLUG, TMX, VLO, WNR)

These are not teh only impact analyst calls today impacting stocks, but these are the key calls that 24/7 Wall St. is focusing on.  This isn’t exactly 10 if you look at the bullet points, but that is because some of the research calls are multi-stock calls:

  • BEAR STEARNS Downgrades key European investment banking names: Credit Suisse (CS) and Deutsche Bank (DB) both downgraded to Underperform from Peer Perform ratings; UBS AG downgraded from Outperform to Peer Perform rating.
  • EU CHIP & TECH: ASML Holdings (ASML), Infineon (IFX), and Royal Philips Electronics (PHG) all started as Buy at UBS.
  • E*Trade (ETFC) downgraded to Market Perform from Outperform at BMO Capital Markets; Credit Suisse cut its price target to $4.00; Goldman Sachs cautions that a takeover is unlikely near-term..
  • Fuel Cell (FCEL) started as Overweight at JPMorgan.
  • Plug Power (PLUG) started as Underweight at JPMorgan.
  • Telmex (TMX) raised to Neutral at JPMorgan.
  • Valero (VLO) & Western Refining (WNR) were both raised to Buy at Banc of America.  Mohawk (MHK) downgraded to Sell from Neutral at Banc of America.

Jon C. Ogg
November 30, 2007

Posted on: November 30, 2007 – 9:06 am in Analyst Calls, , , , , , , , , , , , ,

Short Sellers Taking Heat in Semiconductor Stocks July 2007

Stock Tickers: AMD, SMH, TXN, TER, ADI, LSI, MU, CY, NSM, TSM, STM, IFX

Tech stocks kept rising from June to July, yet the short sellers were beligerent.  They must have loads of money, because on individual short selling in stocks they lost more and more money if this trend remained static as it looks.  Short selling increased overall on the NYSE as seen on the NYSE notice, but this went above and beyond.  Here was a sector breakdown for the May to June period for 2007 if you want to compare. Here are the chip stock results for the major chip names listed on NYSE:

Advanced Micro (AMD) grew from 73.78M in June to 81.25M in July; Texas Instruments (TXN) grew from 30.6M in June to 33.3M in July; LSI Logic (LSI) grew from 43.77M in June to 49.75M in July; Micron (MU) grew from 50.37M in June to 59.99M in July, National Semi (NSM) went from high to higher after growing from 52.93M in June to 59.3M in July; Cypress Semi (CY) saw its 15.49M in June grow to 17.52M in July, Analog Devices (ADI) saw its 7.77M in June grow to 9.05M in July; Taiwan Semi (TSM) saw its 13.73M in June grow to 14.05M in July.

There were a few standouts as far as the actual drop in the short interest.  The most interesting drop out there came in the Semiconductor HOLDRs (SMH) as the short interest fell from 35.2M in June down to 25.6M in July, so go figure.  Teradyne (TER) fell from 14.2M in June to 13.05M in July; STMicro (STM) saw its short interest drop from 3.7M in June down to 2.89M in July;

Jon C. Ogg
July 20, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers. 

Posted on: July 20, 2007 – 5:31 am in Semiconductor, Short Interest, , , , , , , , , , , ,

NYSE June 2007 Short Interest: Semiconductor Stocks (NSM, SMH, AMD, MU, TXN)

Stock Tickers: AMD, TXN, LSI, MU, NSM, CY, IFX, ADI, STM, TSM, SMH

The Semiconductor HOLDRs Trust (SMH) pretty much says it all, as the SMH short interest rose again in June as the ETF hit a new 52-week high.  Short interest rose from May’s 33.25 million shares up to 35.2 million shares in June; and that is after a rise from 23.76 million shares in April up to a 33.252 million shares in May.  Here are the following changes with the increases in short interest first (from May to June, 2007):

RISING SHORT INTEREST NAMES
Advanced Micro Devices (AMD) saw its short interest rise from 73.3 million shares to 73.79 million shares (14.1% of the float). Micron Technology (MU) saw its short interest rise quite a bit from 36.47 million shares up to 50.375 million shares (7.1% of the float).  National Semiconductor (NSM) saw its short interest skyrocket from 9.813 million shares to an unbelievable 52.9 million shares (broker hybrid security is probably cause).  This should be confirmed because that is almost hard to believe as it would be 17% of the float, but that is at multiple sources.  Cypress Semiconductor (CY) saw its short interest rise from 13.89 million shares to 15.495 million.  Infineon (IFX) saw its short interest rise from 2.688 million shares to 3.89 million. Analog Devices (ADI) saw its short interest rise from 6.127 million shares to 7.77 million shares.  Taiwan Semiconductor (TSM) saw its short interest rise from 11.33 million shares to 13.73 million shares.

A FEW FALLING SHORT INTEREST NAMES
LSI Corp. (LSI) saw its short interest drop from 44.55 million shares to 43.77 million shares.  STMicroelectronics (STM) saw its short interest fall again from 5.946 million shares to 3.7 million.  Texas Instruments (TXN) saw its short interest drop from 32.41 million shares to 30.6 million.

Jon C. Ogg
June 22, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: June 22, 2007 – 7:48 am in Semiconductor, Short Interest, , , , , , , , , , ,

Pre-Market Analyst Calls (June 7, 2007)

ASML raised to Outperform at Bernstein.
CENT cut to Neutral at B of A.
COBZ raised to Outperform at KBW.
DCP raised to Outperform at CIBC.
DGX raised to Buy at UBS.
ECL raised to Buy at Jefferies.
FNM raised to Outperform at FBR.
GD raised to Overweight at Lehman.
HC raised to Overweight at JPMorgan.
IFX raised to Mkt Perform at Bernstein.
IO started as Buy at Jefferies.
KBR started as Outperform at Credit Suisse.
MHS raised to Buy at UBS.
MKC raised to Outperform at Bear Stearns.
OPTM started as Sector Perform at CIBC.
OREX started as Overweight at JPMorgan.
PDLI cut to Mkt Perform at Wachovia.
PG cut to Equal Weight at Lehman.
RDWR raised to Outperform at CIBC.
VOLV cut to Underweight at JPMorgan.
VRUS started as Outperform at JMP Securities.

Jon C. Ogg
June 7, 2007

Posted on: June 7, 2007 – 6:41 am in Analyst Calls, , , , , , , , , , , , , , , , , , , , ,