Posts for Ticker ‘MSSR’

Top Analyst Upgrades (ARLP, MDRX, FDO, GFI, LOW, MSSR, MDR, TASR)

These are the top upgrades and positive calls we have seen from analysts on Wall Street this Friday morning:

  • Alliance Resource (ARLP) Raised to Buy at Citigroup.
  • Allscripts-Misys Healthcare (MDRX) Started as Outperform at Morgan Keegan.
  • Family Dollar (FDO) Raised to Neutral at JPMorgan.
  • Gold Fields (GFI) Raised to Overweight at JPMorgan.
  • Lowe’s (LOW) Raised To Outperform at FBR.
  • McCormick & Schmick’s (MSSR) Raised to Outperform at Oppenheimer.
  • McDermott (MDR) Raised to Buy at Jefferies.
  • TASER (TASR) Raised to Buy at Merriman Curhan Ford.

JON C. OGG

Posted on: March 6, 2009 – 7:39 am in Analyst Calls, , , , , , , ,

Analyst Downgrade Onslaught Continues (ASML, CMG, FORM, GFIG, ICE, KLAC, MSSR, MPEL, MRG, PEET, PRXI, PHM, RGLD, JAVA, TCK, TER, UDR, VNO)

Burning_money_pic_2This morning was a shocker on just how many analyst downgrades and very negative calls were out from Wall Street analysts.  The sad part is this is only part of the onslaught that we are still seeing.

  • ASML (NASDAQ: ASML) Cut to Market Perform at FBR.
  • Chipotle (NYSE: CMG) Cut to Neutral at Piper Jaffray.
  • FormFactor (NASDAQ: FORM) Cut to Market Perform at FBR.
  • GFI Group (NASDAQ: GFIG) Cut to Hold at Deutsche Bank.
  • IntercontinentalExchange (NYSE: ICE) Cut to Hold at Deutsche Bank.
  • KLA-Tencor (NASDAQ: KLAC) Cut to Market Perform at FBR.
  • McCormick & Schmick’s (NASDAQ: MSSR) Cut to Neutral at Piper Jaffray.
  • Melco Crown (NASDAQ: MPEL) Cut to Hold at Deutsche Bank.
  • Morton’s Restaurant Group (NYSE: MRG) Cut to Neutral at Piper Jaffray.
  • Peet’s Coffee & Tea (NASDAQ: PEET) Cut to Neutral at Piper Jaffray.
  • Premier Exhibitions (NASDAQ: PRXI) Cut to Neutral at Merriman Curhan Ford.
  • Pulte Homes (NYSE: PHM) Cut to Neutral at JPMorgan.
  • Royal Gold (NASDAQ: RGLD) Cut to Sector Underperform at CIBC.
  • Sun Microsystems (NASDAQ: JAVA) Cut to Sell from Neutral at Goldman Sachs (added details).
  • Teck (NYSE: TCK) Cut to Neutral at UBS.
  • Teradyne (NYSE: TER) Cut to Market Perform at FBR.
  • UDR Inc. (NYSE: UDR) Cut to Sell at Goldman Sachs.
  • Vornado (NYSE: VNO) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
January 8, 2009

Posted on: January 8, 2009 – 7:29 am in Analyst Calls, , , , , , , , , , , , , , , , , ,

Early Bird Analyst Upgrades (ALVR, ABV, ABC, NITE, MSSR, NDAQ, PCX, TRMB)

These are some of the analyst upgrades and positive calls coming from Wall Street this Wednesday morning with more than two hours to the open:

  • Alvarion (ALVR) Started as Buy at Deutsche Bank.
  • AmBev (ABV) Raised to Outperform at Credit Suisse.
  • AmerisourceBergen (ABC) Raised To Buy at Merrill Lynch.
  • Knight Capital (NITE) Raised to Buy at Goldman Sachs.
  • McCormick & Schmick’s (MSSR) Started as Buy at Jefferies.
  • Nasdaq OMX (NDAQ) Raised To Buy at Goldman Sachs.
  • Patriot Coal (PCX) Started as Buy at UBS.
  • Trimble Navigation (TRMB) Started as Buy at Deutsche Bank.

Jon C. Ogg
September 24, 2008

Posted on: September 24, 2008 – 6:23 am in Analyst Calls, , , , , , , ,

52-Week Low Club (CC, DBD, FIC, GTOP, IMB, MSSR, RECN, MU, RT, STI)

Some of these recovered off lows but here are some of the more active stocks that hit 52-week lows today:

  • Circuit City (NYSE: CC)… after posting wider losses and then forecasting a loss next quarter.  Even losers like them, how does a retailer lose money over Christmas????
  • Diebold (NYSE: DBD) hit a new 52-week low on a "continuing dialog" with Office of The Chief Accountant and a D.O.J. investigation into related matters.
  • Fair Isaac (NYSE: FIC) people keep asking us if FIC is the next implosion in being tied to system-wide credit woes.
  • Genitope (NASDAQ:GTOP) hit the FUBAR button after failing to meet endpoints in PHASE III.  With no revenues it’s close to biotech zombie status.
  • IndyMac Bancorp (NYSE:IMB) recovered but its subprime woes remain.
  • McCormick & Schmicks (NASDAQ:MSSR)… steakhouse sales soft in weak consumer economy.  Don’t you think the private equity firms wish they could sell those steakhouses back now????
  • Resource Connection (NASDAQ:RECN)… too few resources?  Nope, it gave employees an extra week off of paid vacation.  Those employees are some lucky SOB’s for that, but shareholders "NOT SO MUCH!!!"
  • Micron Tech (NYSE: MU) after a piss poor earnings report.  Trivia Question: Is there a worse technology business than DRAM?  It’s just like trading a commodity except the prices never seem to go up!
  • Ruby Tuesday (NYSE:RT) after a downgrade and an earnings warning, mid-level restaurant spending is weak and they don’t offer very much special.
  • SunTrust (NYSE:STI) weak again.  Maybe Buffett wishes he stayed away.

Jon C. Ogg
December 21, 2007

Join our free email distribution list to hear about other special situations, IPO previews, reorganizations, break-ups and more.

Posted on: December 21, 2007 – 4:01 pm in HI/LOW, , , , , , , , , ,

Short Sellers Lighten Up On Growth Restaurant Chains (RRGB, PZZA, MSSR, BWLD, SBUX, CAKE, TXRH, CBRL, PFCB, PNRA)

We’ve started seeing some of the recent emptier pockets of Joe Q. Consumer, and after a warning yesterday out of McCormick & Schmicks’s we wanted to see how some of the NASDAQ growth restaurant chains were doing as far as short sellers were concerned.  Interstingly enough, of the ones we look at with regularity that get media coverage it seems like there is actually a drop in short selling from August to September.  Below is a list of companies in the sector along with the shares short in September and a percentage change from the August count of the short interest:

  • Red Robin Gourmet (RRGB)         3.304M  -1.13%
  • Papa John’s (PZZA)                         2.245M   -2.91%
  • McCormick & Schmick’s (MSSR)  1.497M   -6.22%
  • Buffalo Wild Wings (BWLD)           3.293M    -6.4%
  • Starbucks (SBUX)                          25.725M   -6.98%
  • Cheesecake factory (CAKE)         11.636M   -7.55%
  • Texas Roadhouse (TXRH)                7.066M    -7.93%
  • CBRL Group (CBRL)                       4.727M  -14.92%
  • P.F.Chang’s (PFCB)                         7.051M  +2.54%
  • Panera Bread (PNRA)                      4.688M  +7.91%

Here are some key related articles that may give added insight:

Jon C. Ogg
September 26, 2007

Posted on: September 26, 2007 – 9:01 am in Food, Short Interest, , , , , , , , , ,