Posts for Ticker ‘IGT’

Top Analyst Downgrade/Cautious Calls (AIG, ARRS, CHK, DVN, IGT, PEP, RIMM)

These are Tuesday’s top pre-market analyst downgrades or cautious research calls seen out of Wall Street:

American International Group (NYSE: AIG) Resumed as Neutral at UBS, so technically not a downgrade.
Arris (NASDAQ: ARRS) Cut to Underperform at Jefferies.
Chesapeake (NYSE: CHK) Cut to Underperform at Credit Suisse.
Devon Energy (NYSE: DVN) Cut to Underperform at Credit Suisse.
International Game Tech (NYSE: IGT) Cut to Buy from Conviction Buy List at Goldman Sachs.
Pepsico (NYSE: PEP) removed from the Focus List at Credit Suisse.
Research in Motion (NASDAQ: RIMM) Started as Underperform at Bernstein.

You can join our open email distribution list which goes out several times per week for reminders of top day trader alerts, top analyst upgrades and downgrades, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG
OCTOBER 6, 2009

Top 10 Analyst Upgrades and Downgrades (AEZS, AXP, ARTC, BRCD, GLW, CRXL, GS, IGT, MOT, TRA)

These are ten of the top analyst research upgrades, downgrades, and initiations seen early this Tuesday morning with about two hours until the market opens:

Aeterna Zentaris (AEZS) Cut to Sector Perform at RBC; cut at Canaccord and at Desjardins also.
American Express (AXP) Raised to Outperform at KBW.
Arthrocare (ARTC) Raised to Buy at Canaccord.
Brocade (BRCD) Raised to Strong Buy at S&P.
Corning (GLW) Raised to Outperform at Oppenheimer.
Crucell (CRXL) Cut to Sell at ING.
Goldman Sachs (GS) Raised to Buy at Pali.
International Game Tech (IGT) Raised to Overweight at JPMorgan.
Motorola (MOT) Started as Buy at Canaccord.
Terra Industries (TRA) Started as Overweight at JPMorgan.

JON C. OGG
AUGUST 18, 2009

Top 10 Analyst Upgrades and Downgrades (ALU, CHS, PLCE, DB, GS, IGT, ICE, MCO, WSII, PAR)

These are some of the top pre-market analyst upgrades, downgrades, and initiations we have seen from Wall Street with about two and a half hours until the market opens:

Alcatel-Lucent (ALU) Raised to Buy at BofA/Merrill.
Chico’s FAS (CHS) Started as Buy at Jefferies.
Children’s Place (PLCE) Started as Buy at BofA/Merrill.
Deutsche Bank (DB) Started as Outperform at FBR.
Goldman Sachs (GS) Raised to Outperform at KBW.
International Game Tech (IGT) Raised to Buy at Janney Montgomery.
Intercontinental Exchange (ICE) Raised to overweight at Barclays.
Moody’s (MCO) Raised to Hold at Jefferies.
Waste Services (WSII) Started as Neutral at JPMorgan.
3PAR (PAR) Cut to Neutral at Merriman Curhan Ford.

Jon C. Ogg
July 15, 2009

The 52-Week Low Club 9/23/2008 (OSK)(IGT)(GME)(ANPI)

Newspaper_2Oshkosh (OSK) Hit by class action suit over SEC disclosure regulations. Falls to $9.05 from 52-week high of $63.55.

International Game Technology (IGT) Concerns it will lose patent lawsuit. Drops to $15.22 from 52-week high of $49.41.

Gamestop (GME) Dips on concerns video game market is slowing. Sells off to $34.52 from 52-week high of $63.77.

Angiotech Pharmaceuticals (ANPI) Cuts staff and terminates tender offer. Plunges to $.53 from 52-week high of $7.90.

Douglas A. McIntyre

Top Pre-Market Analyst Downgrades (ANF, AEO, ANN, CHS, CWTR, ENTR, IGT, MSA, OVTI, VNDA)

These are some of the analyst downgrades and negative calls we are seeing early this Tuesday morning:

  • Abercrombie & Fitch (ANF) Started as Neutral at Goldman Sachs.
  • American Eagle Outfitters (AEO) Started as Sell at Goldman Sachs.
  • AnnTaylor Stores (ANN) Started as Sell at Goldman Sachs.
  • Chico’s FAS (CHS) Started as Sell at Goldman Sachs.
  • Coldwater Creek (CWTR) Started as Sell at Goldman Sachs.
  • Entropic Communications (ENTR) Cut to Neutral at Piper Jaffray.
  • International Game Technology (IGT) Cut to Market Perform at Wachovia.
  • Mine Safety Appliances (MSA) Cut to Neutral at Baird.
  • OmniVision Technologies (OVTI) Cut to Neutral at JPMorgan.
  • Vanda Pharmaceuticals (VNDA) Cut To Neutral at JP Morgan; Cut to Neutral at Banc of America.

Jon C. Ogg
July 29, 2008

Top Analyst Downgrades (BBY, KO, EBAY, GILD, IGT, MAC, SUN, TSO, VRTU)

These are not all of the Downgrades or negative analyst calls seen this morning but these are some of the top calls seen this Friday morning:

  • Best Buy (NYSE: BBY) Cut to Outperform from Top Pick at RBC Capital.
  • Coca Cola (NYSE: KO) removed from Goldman Sachs Conviction Buy List.
  • EBay (NASDAQ: EBAY) Cut to Neutral from Buy at Goldman Sachs.
  • Gilead Sciences (NASDAQ: GILD) Cut to Hold from Buy at Jefferies.
  • International Game Technology (NYSE: IGT) Cut to Hold from Buy at Citigroup; Cut to Perform at Oppenheimer.
  • Macerich (NYSE: MAC) Cut To Neutral From Buy By Goldman Sachs
  • Sunoco (NYSE: SUN) and Tesoro (NYSE: TSO) Cut to Market Perform from Outperform at Bernstein.
  • Virtusa (NASDAQ: VRTU) Cut to Neutral from Overweight at JPMorgan.

Jon C. Ogg
July 18, 2008

52-Week Low Club (T, CCE, CHB, EBAY, GGC, GLBL, IGT, PAA, RRI, SGLP, TXT, VCLK)

52_week_low_imageWe’ve had essentially a 500 point rally in the DJIA in just the last two days and oil is starting to lose its mo-mo.  Yet some companies just refuse to participate in the rally because of news, and many look like they were caught in a mid-city explosion (hence the image). 

Regardless of how the market does you can always count on many news-driven or sector driven events causing new lows.  One thing is for sure during a weak economy and during choppy earnings, there will be many more stocks in the coming weeks hitting 52-week lows.  Some will continue hitting new lows over and over.

Read More »

The 52-Week Low Club (ABK)(WM)(HUN)(IGT)(AEO)(SFD)

Smithfield Foods (SFD) S&P downgrades due to credit problems. Falls to $19.75 from 52-week high of $24.69.

American Eagle Outfitters (AEO) President of the company is leaving, and retail is poor. Falls to $13.37 from 52-week high of $28.28.

International Game Technology (IGT) Morgan Stanley downgrades after earnings. Sells down to $24.38 from 52-week high of $49.41.

Huntsman (HUN) Still falling after failed IPO. Down to $9.76 from 52-week high of $28.40.

Washington Mutual (WM) Still grave concerns about write-offs. Drops to $4.65 from 52-week high of $44.04.

Ambac (ABK) More worries about future credit agency downgrades. Dips ot $1.60 from 52-week high of $88.65.

Douglas A. McIntyre

Top Earnings Next Week Part 2 (July 19-20, 2007)

THURSDAY
Advanced Micro Devices (NYSDAQ:AMD)
Ameritrade (NASDAQ:AMTD)
Bank of America (NYSE:BAC)
Bank of New York (NYSE:BK)
Cemex (NYSE:CX/ADR)
Continental Airlines (NYSE:CAL)
Cypress Semi (NYSE:CY)
Dow Jones (NYSE:DJ)
Fifth Third Bancorp (NASDAQ:FITB)
First Data (NYSE:FDC)
Gilead Sciences (NASDAQ:GILD)
Google (NASDAQ:GOOG)
Harley-Davidson (NYSE:HOG)
Honeywelll (NYSE:HON)
Illinois Tool Works (NYSE:ITW)
International Game Technology (NYSE:IGT)
Microsoft (NASDAQ:MSFT)
Motorola Inc. (NYSE:MOT)
NASDAQ Stock market (NASDAQ:NDAQ)
OptionsXpress (NASDAQ:OXPS)
PMC-Sierra (NASDAQ:PMCS)
Roche
Safeway (NYSE:SWY)
SanDisk (NASDAQ:SNDK)
SAP AG (NYSE:SAP)
Scholastic (NASDAQ:SCHL)
Seagate Tech (NYSE:STX)
SunPower Corp. (NASDAQ:SPWR)
SunTrust (NYSE:STI)
Telefonos De Mexico (NYSE:TMX)
Union Pacific (NYSE:UNP)
UnitedHealth Group (NYSE:UNH)
Wyeth (NYSE:WYE)
Xilinx, Inc. (NASDAQ:XLNX)

FRIDAY
Boston Scientific (NYSE:BSX)
Caterpillar (NYSE:CAT)
Citigroup (NYSE:C)
Ericsson (NASDAQ:ERIC)
Schlumberger (NYSE:SLB)
Wachovia Corp (NYSE:WB)

Jon C. Ogg
July 13, 2007

PLEASE NOTE: THSE DATES MAY CHANGE WITHOUT NOTICE OR MAY HAVE ALREADY CHANGED