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Top Pre-Market Analyst Upgrades & Downgrades (ACN, ACL, BHP, PGI, ASML, IPAR, ITRN, STM)

247wallst — Mon, 01 Dec 2008 07:20:23 +0000

It is looking fairly quiet on the analyst research front this Monday morning. Here are today’s early bird upgrades and downgrades from Wall Street analysts:

Accenture (ACN) Raised to Buy at SocGen.
Alcon (ACL) Raised to Outperform at Wachovia.
BHP Billiton (BHP) reinitiated as Buy at SocGen.
Premiere Global Services (PGI) Raised to Outperform at Oppenheimer.
ASML Holding N.V. (ASML) Started as Underperform at Jefferies.
Inter Parfums, Inc. (IPAR) Cut to Neutral at HSBC.
Ituran Location and Control, Ltd. (ITRN) Cut to Neutral at JPMorgan.
STMicro (STM) Cut to Sell at SocGen; targets cut at JPMorgan and UBS as well.

Jon C. Ogg
December 1, 2008

Posted in Analyst Calls Tagged: ACL, ACN, ASML, BHP, IPAR, ITRN, PGI, STM

As Market Plunges, Major Stocks Fall Under $10 (AEO, BCS, C, GLW, DRYS, IPAR, IPCS, LULU)

247wallst — Wed, 12 Nov 2008 14:50:18 +0000

The market message has been the same for the entire last week. Carnage and mayhem. But what is interesting is how many household companies and how many widely held stocks have this week or today dipped under the $10.00 stock price. This is horrible because it screws up options trading and begins to genuinely worry investors who were already worried. Shares never dip under $10.00 because things are going so well.

American Eagle Outfitters Inc. (NYSE: AEO) broke under $10.00 early Monday and hasn’t been able to look back. After a same store sales drop of 12% last week, the coolness looks long gone. Maybe they could do a deal with Gap and really damage themselves.

Barclays plc (NYSE: BCS) hit $9.65 today, which is back to mid-1990′s levels. The number one position in ETF’s can’t keep the financial giant from ruin.

Citigroup (NYSE: C) has just broken under $10.00. Vikram Pandit must beeating PB&J these days. Amazingly enough, every bank is nowcopying their old model and the banking giant still can’t win. is that atwo-decade low now?

Corning Inc. (NYSE: GLW) traded briefly under $10.00 last week afterearnings made it come clean about a slowdown in LCD and flat panelglass. This company and sector is learning to love a song from theRolling Stones… "Shattered"

DryShips Inc. (NASDAQ: DRYS) went briefly under $10 yesterday, but now at $8.85 it is farther and farther away. China shipping and shipping in general is tough love right now.

Inter Parfums Inc. (NASDAQ: IPAR) broke $10.00 this Monday, and at$8.50 that is looking farther and farther away. They better not giveaway samples and testers if they want to sell perfume.

iPCS Inc. (NASDAQ: IPCS) broke $10.00. Reselling Sprint wireless muststink even if they possibly stand to collect hundreds of millions in acase against them. Speaking of Sprint, that dog is under $2.00.

lululemon athletica (NASDAQ: LULU) broke $10.00 yesterday and at$8.50. With all the stress investors are under, they need more yogaand yoga-wear even if they can’t afford it.

Well, the good news is that our weekly "10 Stocks Under $10" newsletteris getting more and more widely held stocks as candidates to becovered.

Here is a link for the second list of major stocks breaking under $10.00 today or this week.

Jon C. Ogg
November 12, 2008

Posted in HI/LOW, Trading Alert Tagged: AEO, BCS, C, DRYS, GLW, IPAR, IPCS, LULU

Top Pre-Market Analyst Upgrades (AMAG, ANDE, BAC, BMC, CDNS, CTXS, IPAR, JEF, MDR, MYGN, NUVA, SYMC)

247wallst — Wed, 08 Oct 2008 06:43:49 +0000

These are some of the top pre-market analyst upgrades we are seeing this Wednesday morning:

AMAG Pharmaceuticals (AMAG) Started as Overweight at JPMorgan
Andersons (ANDE) Started as Outperform at Oppenheimer
Bank of America (BAC) Raised to Market Perform at KBW
BMC Software (BMC) Raised to Neutral at JPMorgan
Cadence Design Systems (CDNS) Raised to Overweight at JPMorgan
Citrix Systems (CTXS) Raised to Overweight at JPMorgan
Inter Parfums (IPAR) Raised to Buy at Piper Jaffray
Jefferies (JEF) Raised to Market Perform at KBW
McDermott International (MDR) Started as Buy at American Tech Research
Myriad Genetics (MYGN) Started as Outperform at Oppenheimer
NuVasive (NUVA) Started as Overweight as JPMorgan
Symantec (SYMC) Raised to Overweight at JPMorgan

Jon C. Ogg
October 8, 2008

Posted in Analyst Calls Tagged: AMAG, ANDE, BAC, BMC, CDNS, CTXS, IPAR, JEF, MDR, MYGN, NUVA, SYMC

Top Pre-Market Analyst Upgrades (BNI, CERN, DECK, EV, HWAY, IPAR, NSC, RF)

247wallst — Wed, 10 Sep 2008 06:38:33 +0000

There were other upgrades but these are the ones we are seeing having an impact on shares this morning:

Burlington Northern (BNI) Raised to Buy at UBS.
Cerner (CERN) Started as Outperform at Morgan Keegan.
Deckers Outdoor (DECK) Started as Overweight at Thomas Weisel.
Eaton Vance (EV) Raised to Buy Goldman Sachs.
Healthways (HWAY) Raised to Neutral at Goldman Sachs.
Inter Parfums (IPAR) Raised to Outperform at Oppenheimer.
Norfolk Southern (NSC) Raised to Buy at UBS.
Regions Financial (RF) Raised to Outperform at KBW.

Jon C. Ogg
September 10, 2008