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Top Analyst Upgrades & Downgrades (BWA, CTL, CHKR, CTRN, EXXI, F, HON, ITMN, JEF, JPM, ORCL, RIMM, TDC, WPI)

Administrator — Wed, 21 Dec 2011 13:03:40 +0000

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

BorgWarner Inc. (NYSE: BWA) Started as Buy at Stern Agee.
CenturyLink, Inc. (NYSE: CTL) Raised to Outperform as the Bull of the Day at Zacks Investment Research.
Chesapeake Granite Wash Trust (NYSE: CHKR) Started as Neutral at Goldman Sachs; Started as Market Perform at Wells Fargo.
Citi Trends, Inc. (NASDAQ: CTRN) maintained long-term Underperform as the Bear of the Day at Zacks Investment Research.
Energy XXI (Bermuda) Limited (NASDAQ: EXXI) named as Value stock of the day at Zacks Investment Research.
Ford Motor Co. (NYSE: F) Started as Buy at Stern Agee.
Honeywell International Inc. (NYSE: HON) Reiterated Buy with $70.00 price target at Argus.
InterMune Inc. (NASDAQ: ITMN) maintained Outperform but cut price target down to $20.00 from $37.00 at Credit Suisse.
Jefferies Group, Inc. (NYSE: JEF) Cut to Market Perform at Keefe Bruyette & Woods.
J.P. Morgan Chase & Co. (NYSE: JPM) Cut to Neutral at Stern Agee.
Oracle Corporation (NASDAQ: ORCL) Cut to Hold from Buy at Canaccord Genuity; maintained Outperform but cut price target to $40.00 from $42.00 at Credit Suisse.
Research in Motion Ltd. (NASDAQ: RIMM) Raised to Buy from Hold but price target is only $16.00 at ThinkEquity.
Teradata Corporation (NYSE: TDC) Cut to Perform from Outperform at Oppenheimer.
Watson Pharmaceuticals Inc. (NYSE: WPI) maintained Buy with a price target objective of $78.00 per share at Argus.

JON C. OGG

Filed under: Analyst Calls Tagged: BWA, CHKR, CTL, CTRN, EXXI, F, HON, ITMN, JEF, JPM, ORCL, RIMM, TDC, WPI

Top Analyst Upgrades & Downgrades (AMGN, AAPL, CAP, DFS, NDRO, ITMN, LLTC, ERIC, M, MTOR, NTRS, OCN, RIMM, SCCO)

Administrator — Fri, 16 Dec 2011 13:27:00 +0000

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

Amgen Inc. (NASDAQ: AMGN) Raised to Neutral with $57.00 price target objective by Goldman Sachs.
Apple Inc. (NASDAQ: AAPL) was given an outrageous prediction as a possibility of a 50% correction by Saxo Bank.
CAI International Inc. (NYSE: CAP) named as the value stock of the day at Zacks Investment Research.
Discover Financial Services (NYSE: DFS) Raised to Buy at Stifel Nicolaus.
Enduro Royalty Trust (NYSE: NDRO) Started as Outperform at Keefe Bruyette & Woods.
InterMune Inc. (NASDAQ: ITMN) maintained Outperform at Credit Suisse after yesterday’s weakness but the report noted “We would NOT be buyers on weakness right now.” Also on InterMune, Canaccord Genuity reiterated a Buy rating but lowered its price target to $23.00 per share.
Linear Technology Corporation (NASDAQ: LLTC) Raised to Outperform from Perform at Oppenheimer.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Cut to Neutral at UBS.
Macy’s, Inc. (NYSE: M) named as Bull of the Day at Zacks Investment Research.
Meritor, Inc. (NASDAQ: MTOR) Maintained as Underperform and named the Bear of the Day at Zacks Investment Research.
Northern Trust Corporation (NASDAQ: NTRS) Started as Market Perform at Wells Fargo.
Ocwen Financial Corp. (NYSE: OCN) Started as Buy with a $16.50 price target objective at Bank of America Merrill Lynch.
Research in Motion Limited (NASDAQ: RIMM) Cut to Market Perform at BMO Capital Markets; maintained Hold at Needham; maintained Neutral at Credit Suisse; Lower target by Deutsche Bank; maintained Hold and lowered target to $15 at Canaccord Genuity.
Southern Copper Corporation (NYSE: SCCO) resumed with an Equal Weight rating and a $35.00 price target objective at Morgan Stanley.

JON C. OGG

Filed under: Analyst Calls Tagged: AAPL, AMGN, CAP, DFS, ERIC, ITMN, LLTC, M, MTOR, NDRO, NTRS, OCN, RIMM, SCCO

Top Analyst Upgrades & Downgrades (ALGN, BIDU, BRCD, DMD, FSLR, HL, HGG, ITMN, LTD, MFN, NOK, PCX, STX, VPRT)

Administrator — Wed, 12 Oct 2011 12:48:24 +0000

These are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls.

Align Technology, Inc (NASDAQ: ALGN) Started as Neutral with $19 target at Credit Suisse.
Baidu, Inc. (NASDAQ: BIDU) Cut to Buy from Strong Buy at S&P Equity Research (late-Tuesday).
Brocade Communications Systems, Inc. (NASDAQ: BRCD) Cut to Underweight at JPMorgan.
Demand Media, Inc. (NYSE: DMD) Cut to Neutral at Goldman Sachs.
First Solar Inc. (NASDAQ: FSLR) Cut to Sell at Ticonderoga.
Hecla Mining Company (NYSE: HL) named Value stock of the day at Zacks.
hhgregg, Inc. (NYSE: HGG) cut to Underperform as Bear of the Day at Zacks.
InterMune, Inc. (NASDAQ: ITMN) Reiterated Buy with $44 target at Canaccord Genuity.
Limited Brands, Inc. (NYSE: LTD) named Bull of the Day at Zacks.
Minefinders Corp. (NYSE: MFN) named growth stock of the day at Zacks.
Nokia Corporation (NYSE: NOK) Raised to Neutral at Nomura.
Patriot Coal Corporation (NYSE: PCX) Cut to Sell at Goldman Sachs.
Seagate Technology PLC (NASDAQ: STX) Cut to Neutral at JPMorgan.
Vistaprint N.V. (NASDAQ: VPRT) Cut to Sell at Goldman Sachs.

JON C. OGG

Filed under: Analyst Calls Tagged: ALGN, BIDU, BRCD, DMD, FSLR, HGG, HL, ITMN, LTD, MFN, NOK, PCX, STX, VPRT

Top Analyst Upgrades & Downgrades (AMD, AMZN, BX, CAH, CLS, DRQ, ITMN, JBL, KKR, OKS, VLO)

Administrator — Thu, 29 Sep 2011 12:22:05 +0000

These are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls.

Advanced Micro Devices, Inc. (NYSE: AMD) Cut to Underperform at BofA/ML; Maintained Buy but cut target to $7 at Canaccord Genuity.
Amazon.com Inc. (NASDAQ: AMZN) Maintained Buy with $255 target at BofA/ML.
The Blackstone Group (NYSE: BX) Started as Neutral at Stern Agee.
Cardinal Health, Inc. (NYSE: CAH) named Bull of the Day at Zacks.
Celestica Inc. (NYSE: CLS) Started as Market Perform at BMO.
Dril-Quip, Inc. (NYSE: DRQ) Cut to Neutral at JPMorgan.
InterMune, Inc. (NASDAQ: ITMN) Reiterated Buy with $44 target at Canaccord Genuity.
Jabil Circuit Inc. (NYSE: JBL) Reiterated Buy and $24 target at Argus.
Kohlberg Kravis Roberts & Co. (NYSE: KKR) Started as Buy at Stern Agee.
ONEOK Partners. LP (NYSE: OKS) Raised to Outperform at Credit Suisse.
Valero Energy Corporation (NYSE: VLO) named as value stock of the day at Zacks.

JON C. OGG

Filed under: Analyst Calls Tagged: AMD, AMZN, BX, CAH, CLS, DRQ, ITMN, JBL, KKR, OKS, VLO

Top Analyst Upgrades & Downgrades (ARX, AMSF, AMAT, MT, BP, BTI, CRZO, LFC, DOLE, ITMN, LNKD, MCD, MHP, NCR, ONXX, PTEN, PAA)

Administrator — Thu, 15 Sep 2011 12:21:01 +0000

These are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls.

Aeroflex Holding Corp. (NYSE: ARX) Raised to Conviction Buy List at Goldman Sachs.
Amerisafe, Inc. (NASDAQ: AMSF) Maintained Underperform as Bear of the Day at Zacks.
Applied Materials Inc. (NASDAQ: AMAT) Raised to Outperform at Oppenheimer.
Arcelor Mittal (NYSE: MT) Raised to Buy at Citigroup.
BP PLC (NYSE: BP) Started as Underweight at Morgan Stanley.
British American Tobacco plc (NYSE: BTI) Raised to Overweight at CRedit Suisse.
Carrizo Oil & Gas Inc. (NASDAQ: CRZO) Started as Outperform at Oppenheimer.
China Life Insurance Co. Ltd. (NYSE: LFC) Raised to Buy at Goldman Sachs.
Dole Food Company Inc. (NYSE: DOLE) Raised to Overweight at JPMorgan.
Intermune, Inc (NASDAQ: ITMN) Started as Outperform at Credit Suisse.
LinkedIn Corporation (NYSE: LNKD) Started as Hold at Argus.
McDonald’s Corporation (NYSE: MCD) Reiterated Buy with $102 target at Argus.
The McGraw-Hill Companies, Inc. (NYSE: MHP) Raised to Buy at Argus.
NCR Corporation (NYSE: NCR) Started as Buy at Oppenheimer.
Onyx Pharmaceuticals Inc. (NASDAQ: ONXX) Raised to Buy at Goldman Sachs.
Patterson-UTI Energy Inc. (NASDAQ: PTEN) Raised to Outperform as Bull of the Day at Zacks.
Plains All American Pipeline, L.P. (NYSE: PAA) is the Value stock of the day at Zacks.

JON C. OGG

Filed under: Analyst Calls Tagged: AMAT, AMSF, ARX, BP, BTI, CRZO, DOLE, ITMN, LFC, LNKD, MCD, MHP, MT, NCR, ONXX, PAA, PTEN

Big Biotech: Best of 2010, Outlook in 2011 (ILMN, ITMN, INCY, THRX, VPHM, DNDN, AMGN, GILD, CELG, HGSI, ACOR)

Administrator — Wed, 29 Dec 2010 18:47:47 +0000

2010 is ending and 2011 is about to begin. It has been a very interesting year for major biotech stocks, albeit with lower rewards than seen in 2009 as there have been far fewer ten-baggers with more than 1,000% gains in 2010. Still, we have gone through a review of the “big biotechs” with a market cap cut off of $1 billion or higher. What we found was a series of the big 2010 winners and we also found which of the big biotech players may have the most upside ahead in 2011. Biohealth Investor has two separate groups reviewing those with the most implied upside for 2011 and also another showing those with best performance so far this year in 2010.

The big winners of 2010 have so far included shares of Illumina Inc. (NASDAQ: ILMN), InterMune Inc. (NASDAQ: ITMN), Incyte Corporation (NASDAQ: INCY), Theravance Inc. (NASDAQ: THRX), and ViroPharma Inc. (NASDAQ: VPHM). We have taken a look at what has driven the gains as well as what the prospects are for 2011 and beyond. FULL REPORT

Dendreon Corporation (NASDAQ: DNDN) appears to have the most implied upside of the $1 billion and higher catgory, but others included are Amgen Inc. (NASDAQ: AMGN), Gilead Sciences, Inc. (NASDAQ: GILD), Celgene Corporation (NASDAQ: CELG), Human Genome Sciences, Inc. (NASDAQ: HGSI), Incyte Corporation (NASDAQ: INCY), and Acorda Therapeutics, Inc. (NASDAQ: ACOR). The full list is available showing the implied upside and we have added color and commentary on each. FULL REPORT

Stay tuned for many more sector updates in many sectors with winners of 2010 and the outlook for 2011 and beyond!

JON C. OGG

Filed under: Analyst Calls, Biotech, Drug companies, FDA, Healthcare, Medical, Research, Trading Alert, Value Investing Tagged: ACOR, AMGN, CELG, DNDN, GILD, HGSI, ILMN, INCY, ITMN, THRX, VPHM

The Top 5 Analyst & Research Calls of the Week (AAPL, BBY, ITMN, LULU, VECO)

Administrator — Sat, 18 Dec 2010 15:58:30 +0000

This last week had many headline news events and we saw many key moves from news and from research. We already track many of the key daily analyst upgrades, downgrades, and initiations each morning. Some calls stand out far more than others in key names for investors and traders alike and we wanted to review five to the top and most influential and impact analyst calls that we saw during the last week.

The big research calls that comprised the top five for the week were seen in Apple Inc. (NASDAQ: AAPL), Best Buy Co. Inc. (NYSE: BBY), InterMune Inc. (NASDAQ: ITMN), Lululemon Athletica Inc. (NASDAQ: LULU), and in Veeco Instruments Inc. (NASDAQ: VECO). Keep in mind that we do not only look at the bullish calls nor just the bearish calls. We look for key standout research that either had extreme influence, signals a major directional change, or which has the broadest implications for key stocks. We also provided color on each, share price implications, and a link to more detailed data if available.

Apple Inc. (NASDAQ: AAPL) had only a so-so week as bulls and bears fought it out. In our own call of “How Apple Will Pass Exxon as the Most Valuable Company in America” we highlighted two research calls that are far above average targets. Shares fought around the $321 mark this week, but Goldman Sachs came out with a $430.00 price target after Morgan Stanley removed Apple from its “Best Idea List” but still maintained an Outperform rating. The average analyst target is still only about $370.00, so the $430 target is far more influential and stands out much more from the pack. The implied upside now based on Friday’s close to Goldman’s $430 target: about 34%.

Best Buy Co. Inc. (NYSE: BBY) had an awful week after a poor earnings and poor guidance report that seemed to almost come out of the blue. A bunch of analysts either downgraded the stock or lowered estimates and targets. In one day the stock fell from $41.70 to $35.52, then the stock closed on the lows at $34.27 for the week. There was one brave firm called Standpoint Research which took the contrarian stance after the news created the price drop. For new buyers, Standpoint said the negative sentiment has brought low multiples and created a buying opportunity. The firm even noted that investors will have to pay up higher if they wait for the good sentiment to return. The rating was raised to Buy with a $42.00 target. A gutsy call in the face of everyone else throwing in the towel. Best Buy’s 52-week trading range is $30.90 to $48.83.

Filed under: Analyst Calls, Trading Alert Tagged: ITMN, LULU, VECO

Top Active Trader Alert Stocks (ALVR, ABK, BIOF, FSLR, BLUD, ITMN, IVR, JASO, PEP, AIB)

Administrator — Thu, 07 Oct 2010 13:04:13 +0000

Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking moves in Alvarion Ltd. (NASDAQ: ALVR), Ambac Financial Group, Inc. (NYSE: ABK), BioFuel Energy Corp. (NASDAQ: BIOF), First Solar, Inc. (NASDAQ: FSLR), Immucor, Inc. (NASDAQ: BLUD), InterMune, Inc. (NASDAQ: ITMN), Invesco Mortgage Capital Inc. (NYSE: IVR), JA Solar Holdings Co., Ltd. (NASDAQ: JASO), PepsiCo inc. (NYSE: PEP), and Allied Irish Banks plc (NYSE: AIB).

Alvarion Ltd. (NASDAQ: ALVR) is soaring this morning after winning a 4G network pact in Canada. Shares are up over 22% at $2.31 and volume is close to 1 million shares in the pre-market.

Ambac Financial Group, Inc. (NYSE: ABK) had a huge gain yesterday and this morning is a session of giving a little back to the market gods. Shares are down 4% at $0.75 on about 300,000 shares.

BioFuel Energy Corp. (NASDAQ: BIOF) is trading up again on E15 hopes and shares are up another 8.8% at $3.08 on almost 200,000 shares pre-market.

First Solar, Inc. (NASDAQ: FSLR) announced last night that it was raising its MW guidance for 2011 based upon new additional contracts signed with existing customers. Shares are up 2.4% at $142.00 but volume is still rather light.

Immucor, Inc. (NASDAQ: BLUD) lowered its guidance and shares are trading lower by 17.7% at $16.81 and volume is approaching 50,000 shares.

InterMune, Inc. (NASDAQ: ITMN) is on the rise
Shares are trading up 10.4% at $14.85 on close to 200,000 pre-market shares.

Invesco Mortgage Capital Inc. (NYSE: IVR) is down after disclosing a sale of 8.5 million shares in a secondary offering. Shares are down 4.35 at $20.86.

JA Solar Holdings Co., Ltd. (NASDAQ: JASO) is higher after another signed contract last night was announced; shares are up 2% at $9.13 but volume is still rather light for a ‘news event’ trading day.

PepsiCo inc. (NYSE: PEP) is not your normal mover each morning but its earnings came in ahead with guidance that appears to be shy of expectations. Shares are down 2.65% at $66.30, but the stock had been lower by more than 3% a few minutes earlier.

Allied Irish Banks plc (NYSE: AIB) is down almost 4% at $1.23 at a new 52-week low despite the M&T share sale.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Filed under: Pre-Market Activity, Trading Alert Tagged: ABK, AIB, ALVR, BIOF, BLUD, FSLR, ITMN, IVR, JASO, PEP

Despite Crash, Many Stocks Rose (ABVT, AOL, CBEY, CKP, CAAS, CI, CNK, CLWR, RDEN, HTRN, HNT, IO, ITMN, KERX, MED, PCS, PACR, PPO, TDC, TIE, ABCO)

Administrator — Fri, 07 May 2010 11:31:23 +0000

Yesterday was a Cluster-something or an outright debacle. The stock market was a sea of red, but outside of inverse-ETF products there were actually many winners. We tried to look for the active gainers and screen out most of the gainers from a merger because of the obvious and we also screened out the gold plays and other fund-related products. Here are the winners of 2% or more from Thursday despite a deadly stock market:

Abovenet Inc. (NASDAQ: ABVT) +5.2%
AOL Inc. (NYSE: AOL) +2.6%
Cbeyond Inc. (NASDAQ: CBEY) +3.6%
Checkpoint Systems Inc. (NYSE: CKP) +10.6%
China Automotive Systems Inc. (NASDAQ: CAAS) +5%
CIGNA Corporation (NYSE: CI) +2.9%
Cinemark Hldgs Inc. (NYSE: CNK) +4.4%
Clearwire Corporation (NASDAQ: CLWR) +5.7%
Elizabeth Arden Inc. (NASDAQ: RDEN) +5.7%
Healthtronics Inc. (NASDAQ: HTRN) +32%
Health Net Inc. (NYSE: HNT) +5.8%
Ion Geophysical Corporation (NYSE: IO) +3.7%
Intermune Inc. (NASDAQ: ITMN)… although it imploded this week.
Keryx Biopharmaceuticals Inc. (NASDAQ: KERX) +6.8%
Medifast Inc. (NYSE: MED) +7.8%
MetroPCS Communications Inc. (NYSE: PCS) +4.1%
Pacer International (NASDAQ: PACR) +10%
Polypore International Inc. (NYSE: PPO) +15%
Teradata Corp. (NYSE: TDC) +3%
Titanium Metals Corp. (NYSE: TIE) +12%
The Advisory Board (NASDAQ: ABCO) +11%

Imagine how well some of these might have done had the market not been a blood-bath.

JON C. OGG

Filed under: HI/LOW, Trading Alert Tagged: ABCO, ABVT, AOL, CAAS, CI, CKP, CLWR, CNK, HNT, HTRN, IO, ITMN, KERX, MED, PACR, PCS, PPO, RDEN, TDC, TIE

Top 10 Analyst Upgrades and Downgrades (ATU, BP, GLW, ENOC, HLS, ITMN, MU, NWS, SNDK, RIG)

Administrator — Thu, 06 May 2010 11:44:32 +0000

These are some of this Thursday morning’s top analyst research calls seen in upgrades, downgrades, and initiations:

Actuant Corp. (NYSE: ATU) Raised to Outperform at Wells Fargo.
BP plc (NYSE: BP) Called as Buy at NCB Stockbrokers (UK) on recent weakness.
Corning Inc. (NYSE: GLW) Started as Buy at Stern Agee.
EnerNOC (NASDAQ: ENOC) Raised to Buy at Janney.
HealthSouth Corp. (NYSE: HLS) Cut to Market Perform at Wells Fargo.
InterMune Inc. (NASDAQ: ITMN) Downgraded to Market Perform at Wells Fargo, although this may be a yesterday call as most cuts came yesterday.
Micron Technology Inc. (NASDAQ: MU) Started as Buy at Stern Agee.
News Corporation (NASDAQ: NWS) Cut to Neutral at JPMorgan late Wednesday.
SanDisk Corp. (NASDAQ: SNDK) Started as Buy at Stern Agee.
Transocean Ltd. (NYSE: RIG) Cut to Hold at Weeden & Co.

You can join our open email distribution list to hear more about analyst calls, day trader alerts, stock rumors, Buffett developments, IPOs, M&A, secondary offerings and more.

JON C. OGG

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Filed under: Analyst Calls Tagged: ATU, BP, ENOC, GLW, HLS, ITMN, MU, NWS, RIG, SNDK