This last weeks most featured reports were in shares of the following: A123 Systems, Inc. (NASDAQ: AONE); Alcatel-Lucent S.A. (NYSE: ALU); American Superconductor Corporation (NASDAQ: AMSC); Annaly Capital Management Inc. (NYSE: NLY); Apple Inc. (NASDAQ: AAPL); Cisco Systems, Inc. (NASDAQ: CSCO); Coach, Inc. (NYSE: COH); Coinstar, Inc. (NASDAQ: CSTR); ConocoPhillips (NYSE: COP); Digital Realty Trust, Inc. (NYSE: DLR); International Business Machines Corporation (NYSE: IBM); Leapfrog Enterprises Inc. (NYSE: LF); 3M Co. (NYSE: MMM); Macy’s Inc. (NYSE: M); OpenTable Inc. (NASDAQ: OPEN); Post Holdings Inc. (NYSE: POST); Sirius XM Radio Inc. (NASDAQ: SIRI); Sohu.com Inc. (NASDAQ: SOHU); True Religion Apparel, Inc. (NASDAQ: TRLG); and Zoltek Companies, Inc. (NASDAQ: ZOLT).

We have summarized each call and either added in trading color or provided a link to more data on each.

A123 Systems, Inc. (NASDAQ: AONE) was a highly influential call from a firm not very well known.  The battery maker was downgraded on fears that Fiskar will not be able to keep buying from them.  This fell 23% after it was cut to Sell at Wunderlich, but the price target was the real kicker: $0.50. Ouch.

Alcatel-Lucent S.A. (NYSE: ALU) was sure a wrong-way call of the week.  The perpetually turning-around communications equipment maker was downgraded to ‘Sell’ at S&P Equity Research ahead of earnings and the stock closed up almost 13% at $2.19 on Friday. 

American Superconductor Corporation (NASDAQ: AMSC) was inadvertently a really bad call because it got caught up in a weak stock market day and got caught on a day when alternative energy players took it on the chin.  This one was raised to ‘Buy’ at Citigroup on Friday and closed don over 8% at $5.11 after opening at $5.36 on the day.  Oops.

Annaly Capital Management Inc. (NYSE: NLY) had a rough week based in part on a mortgage foreclosure settlement.  We expect the debate to continue over the real impact, but this high dividend yield mortgage REIT was downgraded to ‘Market Perform’ and the price target was cut to $16.00 from $17.50 by Friedman, Billings & Ramsey this last week.

Apple Inc. (NASDAQ: AAPL) keeps hitting new all-time highs each day. Apparently it is going to keep doing that for quite some time if Canaccord Genuity gets its way.  That firm listed many reasons to raise it price target to $665 this last week.

Cisco Systems, Inc. (NASDAQ: CSCO) was better than what we feel the street gave it credit for on earnings.  Credit Suisse only reiterated an ‘Outperform’ rating ahead of earnings, but what stood out was the $26.00 price target because that is about $4.50 higher than the consensus price target and that is also close to where the stock petered out in 2010.

Coach, Inc. (NYSE: COH) may be gutsy and may be an afterthought.  It was recently given a strong tout by CNBC’s Jim Cramer as his luxury stock of choice, but on Friday it was raised started as ‘Buy’ with a target of $85 at Citigroup.  This came on a day when the stock hit an all time high and closed at $74.54.

Coinstar, Inc. (NASDAQ: CSTR) is already up big over the last week, but we have never really considered it just as a value stock.  Don’t tell that Zacks… On Friday it was named as Zacks’ Value Stock of the Day.

Beazer Homes USA, Inc. (NYSE: BZH) said earnings were helped out on a note exchange gain; orders were up 49% and its cancellations fell; but the real issue is a secondary offering: a 12.5 million share secondary offering along with 3.5 million tangible equity units and $300 million aggregate principal in unsecured notes due in 2018.  Shares were down 5.5% last night on last look and the stock was down 6.7% at $6.42 on about 35,000 shares.

BHP Billiton Ltd. (NYSE: BHP) is getting clipped again on a day-two move after the Australians decided to propose a new tax specifically on miners.  ADR shares were down $1.35 at $71.44 yesterday, and shares are indicated down 1.8% at $70.17 pre-market this morning on almost 50,000 shares.

BP plc (NYSE: BP) was down again yesterday and on volume not seen in ages of 156 million shares.  Some may be hoping that yesterday’s $1.96 drop to $50.19 was the capitulation as this was a $60 stock on April 21.  Shares are indicated up 0.8% at $50.58 on about 1 million shares in pre-market trading.

General Growth Properties Inc. (NYSE: GGP) is up only marginally, but that may be because of its rally very late Monday.  Shares appear up 0.1% at $16.80 on thin volume despite the bid being listed as $18.25 per share.

Impax Laboratories, Inc. (NASDAQ: IPXL) is having a solid morning.  Shares closed at $17.96 but this morning the stock is up 8.5% at $19.50 on over 75,000 shares.  This is on strong first quarter revenue on generic Flomax launch, and anything above $18.74 is to be considered a new 52-week high today.

Leapfrog Enterprises Inc. (NYSE: LF) was down last night despite a sales gain of more than 40% because it lost $23 million in its latest quarter.  Shares were down 18% last night, but this morning the stock is down 15.7% at $6.00 on about 25,000 shares.

NutriSystem Inc. (NASDAQ: NTRI) caught the bears looking in the diet food… It beat earnings last night and we have now seen at least one analyst upgrade.  Shares were trading up 9.9% at $20.34 last night, but now shares are indicated up 16% at $21.53 on volume approaching 100,000 shares.

Pitney Bowes Inc. (NYSE: PBI) is down after reported $0.55 EPS vs. $0.54 estimates; revenue fell 2% To $1.35 billion rather than $1.377 billion expected from Thomson Reuters.  It also reaffirmed a range of $2.30 to $2.50 EPS vs. the $2.40 estimates.  Shares were down over 7% at $24.00 on last look in the evening, but PBI is down “only 5.3%” at $24.50 on thin volume.

Powerwave Technologies Inc. (NASDAQ: PWAV) originally fell last night after it reported -$0.05 EPS vs. $0.00 estimates from Thomson Reuters and revenues were down over 20% to $114.5 million versus estimates of $130+ million. Now shares are up over 12% at $2.02 on about 600,000 shares of stock.  The old 52-week high was $1.91.

Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) closed down 5% at $9.28 yesterday and the after-hours session has shares down 3% at $9.00 when we looked.  This morning the stock is off by 8.8%and down to $8.46 ahead of next week’s FDA panel.  Volume is rather thin.

SIRIUS XM Radio Inc. (NASDAQ: SIRI) was up earlier this morning after it posted $157.8 million in adjusted operating income and backed approximately $550 million in pro forma adjusted income for 2010.  Revenues were $670 million.  Shares were indicated up about 1% at $1.24+ this morning versus the $1.25 52-week high yesterday.  Now that earnings are digested, the SIRIUS is down a serious 6.5% at $1.15 on over 6 million shares.

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

Sponsor: 5 best investments for 2010 – The next nine months represent a bold new era for investors.

• Acergy (ACGY) Cut to Sell at Citigroup.
• BioMarin Pharmaceutical (BMRN) downgraded at Citigroup, Collins Stewart, and Wachovia.
• CTC Media (CTCM) Cut To Market Weight from Overweight at Thomas Weisel.
• Denny’s (DENN) Cut to Neutral at Merriman Curhan Ford.
• Exxon Mobil (XOM) Cut to Market Perform at Bernstein; Cut to Equal Weight at Barclays.
• LeapFrog (LF) Cut to Neutral at Piper Jaffray.
• Occidental Petroleum (OXY) Cut to Underperform at Bernstein.

Jon C. Ogg
February 19, 2009

Symmetry (SMA) Wachovia downgrades orthopedic sector. Falls to $9.67 from 52-week high of $21.99.

Crescent Banking (CSNT) Enters into new "change of control" deal with officers. Sells off to $3.01 from 52-week high of $14.90.

Douglas A. McIntyre

Abercrombie & Fitch (ANF) started as Buy at UBS.
Aeropostale (ARO) started as Neutral at UBS.
American Eagle Outfitters (AEO) raised to Hold at Citigroup.
Ann Taylor (ANN) started as Buy at UBS.
Autodesk (ADSK) raised to Overweight at Lehman.
Biomarin (BMRN) Started as Buy at Jefferies.
CA INC. (CA) raised to Equal-Weight at Lehman.
Chico’s FAS (CHS) started as Neutral at UBS.
Citigroup (C) cut to Neutral at B of A.
Cognos (COGN) cut to Sector Perform at CIBC.
Coldwater Creek (CWTR) started as Neutral at UBS.
Entergy (ETR) cut to Hold at Jefferies.
Gap Inc. (GPS) started as Buy at UBS.
Googe (GOOG) target raised to $850 at Sanford Bernstein.
J.Crew (JCG) started as Neutral at UBS.
Leapfrog (LF) started as Strong Buy at Needham.
MasterCard (MA) raised to Buy at Deutsche Bank.
Microsoft (MSFT) removed from Conviction Buy List at Goldman Sachs.
OdysseyRe (ORH) raised to Hold at Citigroup.
Oracle (ORCL) replaced Microsoft on Goldman Sachs Conviction Buy List.
PepsiAmericas (PAS) cut to Underweight at JPMorgan.
PhotoChannel (PNWIF) started as Buy at Merriman Curhan Ford.
Portugal Telecom (PT) raised to Buy at UBS.
Research In Motion (RIMM) raised to Outperform at Credit Suisse.
Sun Micro (JAVA) raised to Buy at Citigroup.
Symantec (SYMC) cut to Equal-Weight at Lehman.
Under Armour (UA) started as Underweight at Morgan Stanley.
Urban Outfitters (URBN) started as Buy at UBS.

Jon C. Ogg
November 6, 2007

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

Conexant (CNXT) Israel’s Orckit Communications wins arbitration and CNXT has to pay $12 million. Does not seem like a lot but stock drops to $1.06 from 52-week high of $2.36.

Tenet Healthcare (THC) Credit Suisse analyst launched coverage on the company with an "Underperform" rating. Down to $3.29 from 52-week high of $8.69.

Lennar (LEN) Home builder. Enough said. Down to $27.26 from 52-week high of $56.54.

Centex (CTX) Home builder. Ditto. Down to $28.13 from 52-week high of $58.42.

Horton (DHI) Another home builder. Drops to $14.40 from 52-week high of $31.13.

Leapfrog (LF) Bad quarter recently and toy companies are not all the rage right now. Down to $6.91 from 52-week high of $11.56.

Douglas A. McIntyre