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Top Analyst Upgrades & Downgrades (ALTR, MT, ADM, BRCM, HOC, JBLU, MD, NVTL, ORCL, RIMM, SAI, SUP, UTHR)

Administrator — Fri, 25 Mar 2011 12:30:51 +0000

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

Altera Corporation (NASDAQ: ALTR) Raised to Buy at Citigroup.
ArcelorMittal (NYSE: MT) Started as Outperform at RBC.
Archer Daniels Midland Company (NYSE: ADM) Cut to Market Perform at BMO.
Broadcom Corporation (NASDAQ: Maintained Buy at Argus.
Holly Corp. (NYSE: HOC) Raised to Buy at BofA/ML.
Jetblue Airways Corporation (NASDAQ: JBLU) Raised to Buy at Soleil.
Mednax Inc. (NYSE: MD) Raised to Buy at BofA/ML.
Novatel Wireless, Inc. (NASDAQ: NVTL) Maintained Underperform as Bear of the Day at Zacks.
Oracle Corporation (NASDAQ: ORCL) Reiterated Outperform asd #1 Pick at Credit Suisse.
Research in Motion Ltd. (NASDAQ: RIMM) Cut to Neutral at BofA/ML; Maintained Outperform at Credit Suisse.
SAIC Inc. (NYSE: SAI) Cut to Neutral at Credit Suisse.
Superior Industries International, Inc. (NYSE: SUP) Maintained as Outperform and Bull of the Day at Zacks.
United Therapeutics Corporation (NASDAQ: UTHR) Started as Buy at Deutsche Bank.

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

JON C. OGG

Filed under: Analyst Calls Tagged: ADM, ALTR, BRCM, HOC, JBLU, MD, MT, NVTL, ORCL, RIMM, SAI, SUP, UTHR

Top Analyst Upgrades & Downgrades (AKAM, ALXA, AAPL, CMA, DELL, DVN, EP, EMC, HPQ, IBM, LMT, NTAP, NVTL, SQNM)

Administrator — Thu, 17 Mar 2011 12:07:05 +0000

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

Akamai Technologies Inc. (NASDAQ: AKAM) Raised to Buy at Stifel Nicolaus.
Alexza Pharmaceuticals Inc. (NASDAQ: ALXA) Raised to Outperform as Bull of the Day at Zacks Investment Research.
Apple Inc. (NASDAQ: AAPL) Started as Outperform with $500 target at Credit Suisse.
The Blackstone Group LP (NYSE: BX) reiterate Buy at BofA/ML.
Comerica Incorporated (NYSE: CMA) Raised to Outperform at BMO.
Dell Inc. (NASDAQ: DELL) Started as Underperform with $16 target at Credit Suisse.
Devon Energy Corporation (NYSE: DVN) Cut to Hold at Argus.
El Paso Electric Co. (NYSE: EP) Reiterated Buy at Argus.
EMC Corp. (NYSE: EMC) Started as Outperform with $34 target at Credit Suisse.
Hewlett-Packard Co. (NYSE: HPQ) Started as Outperform with $60 target at Credit Suisse.
International Business Machines (NYSE: IBM) Started as Neutral with $175 target at Credit Suisse.
Lockheed Martin Corporation (NYSE: LMT) Raised to Neutral at BofA/ML.
NetApp Inc. (NASDAQ: NTAP) Started as Neutral with $54 target at Credit Suisse.
Novatel Wireless Inc. (NASDAQ: NVTL) Reaffirmed as Underperform as Bear of the Day at Zacks Investment Research.
Sequenom Inc. (NASDAQ: SQNM) Started as Outperform at Oppenheimer.

JON C. OGG

Filed under: Analyst Calls, Technology Companies Tagged: AAPL, AKAM, ALXA, CMA, DELL, DVN, EMC, EP, HPQ, IBM, LMT, NTAP, NVTL, SQNM

Top Analyst Upgrades & Downgrades (CPN, KEX, MMM, MCP, NOK, NVTL, OVTI, TXT, WFMI, WMB)

Administrator — Tue, 22 Feb 2011 13:10:07 +0000

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

Calpine Corp. (NYSE: CPN) Raised to Overweight at Barclays.
Kirby Corporation (NYSE: KEX) Raised to Buy and $60 target at BofA/ML.
3M Co. (NYSE: MMM) Raised to Neutral at BofA/ML.
Molycorp, Inc. (NYSE: MCP) Raised to Overweight at JPMorgan.
Nokia Corporation (NYSE: NOK) Cut to Sell at RBS.
Novatel Wireless, Inc. (NASDAQ: NVTL) Cut to Underperform as Bear of the Day at Zacks. Omnivision Technologies Inc. (NASDAQ: OVTI) Maintained Buy and $39 target at Gleacher & Co.
Textron Inc. (NYSE: TXT) Raised to Buy at UBS.
Whole Foods Market, Inc. (NASDAQ: WFMI) noted as Bull of the Day with Outperform and $65 target at Zacks.
Williams Companies, Inc. (NYSE: WMB) Raised to Conviction Buy List at Goldman Sachs.

JON C. OGG

Filed under: Analyst Calls Tagged: CPN, KEX, MCP, MMM, NOK, NVTL, OVTI, TXT, WFMI, WMB

Top Active Trader Alert Stocks (APSG, ARNA, C, CTV, FWLT, NVTL, PPD, SVA, SOHU)

Administrator — Mon, 25 Oct 2010 12:51:44 +0000

Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Applied Signal Technology, Inc. (NASDAQ: APSG), Arena Pharmaceuticals, Inc. (NASDAQ: ARNA), Citigroup, Inc. (NYSE: C), CommScope, Inc. (NYSE: CTV), Foster Wheeler AG (NASDAQ: FWLT), Novatel Wireless Inc. (NASDAQ: NVTL), Pre-Paid Legal Services, Inc. (NYSE: PPD), Sinovac Biotech Ltd. (NASDAQ: SVA), and Sohu.com Inc. (NASDAQ: SOHU).

Applied Signal Technology, Inc. (NASDAQ: APSG) confirmed on Friday that it was exploring strategic alternatives; shares are up 5.3% at $32.99 and above the $31.65 year high put in on Friday.

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) announced that the FDA Rejected its Lorcaserin diet drug; shares are actually higher by 3.7% at $1.69 this morning.

Citigroup, Inc. (NYSE: C) is trading higher after Goldman Sachs added the bank to its Conviction Buy List. Shares are up about 3% at $4.23.

CommScope, Inc. (NYSE: CTV) is soaring on news that it is talks with Carlyle over being acquired for $31.50 per share versus a $23.12 close on Friday and versus a 52-week range of $18.39 to $34.95.

Foster Wheeler AG (NASDAQ: FWLT) is trading lower after its CEO is leaving to pursue other interests. Shares are down 1.6% at $23.65 this morning.

Novatel Wireless Inc. (NASDAQ: NVTL) is up on thin volume with shares up 5% at $11.30, likely on more hopes of getting iPad business from carriers. We have not confirmed but BMO has reportedly upgraded the stock.

Pre-Paid Legal Services, Inc. (NYSE: PPD) is trading higher this morning after announcing that it is exploring strategic alternatives to increase shareholder value; it disclosed that it is evaluating an offer received from a well-known private equity firm to acquire it at $60.00 cash per share. Shares are up 11.3% at $62.50 versus a 52-week trading range of $30.68 to $68.66.

Sinovac Biotech Ltd. (NASDAQ: SVA) is lower after it lowered its revenue guidance. Shares are down about 6.7% at $3.77 in pre-market trading.

Sohu.com Inc. (NASDAQ: SOHU) is trading up after earnings with a 20% sales gain and 12% income gain. Shares are up almost 7% at $65.76 before the open versus a 52-week trading range of $40.05 to $71.50.

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: APSG, ARNA, C, CTV, FWLT, NVTL, PPD, SOHU, SVA

Top Analyst Upgrades and Downgrades (CP, CME, GOOG, GDOT, ICE, NDAQ, N, NVTL, NYX, CRM, SNN, SMSI, SYMC, WFMI)

Administrator — Fri, 15 Oct 2010 12:01:45 +0000

These are some of this Friday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.

Canadian Pacific Railway (NYSE: CP) Cut to Market Perform at Raymond James.
CME Group Inc. (NYSE: CME) Started as Market Perform at Wells Fargo.
Google Inc. (NASDAQ: GOOG) Maintained Buy and price target Raised to $700 from $625 at Goldman Sachs.
Green Dot Corporation (NYSE: GDOT) Started as Outperform at Macquarie.
IntercontinentalExchange (NYSE: ICE) Started as Outperform at Wells Fargo.
NASDAQ OMX Group (NASDAQ: NDAQ) Started as Market Perform at Wells Fargo.
NetSuite Inc. (NYSE: N) Started as Market Perform at BMO.
Novatel Wireless Inc. (NASDAQ: NVTL) Raised to Buy at Jefferies (as Verizon iPad beneficiary).
NYSE Euronext (NYSE: NYX) Started as Market Perform at Wells Fargo.
Salesforce.com (NYSE: CRM) Started as Outperform at BMO.
Smith & Nephew plc (NYSE: SNN) Cut to Neutral at BNP Paribas.
Smith Micro Software Inc. (NASDAQ: SMSI) Raised to Overweight at JPMorgan (as Verizon iPad beneficiary).
Symantec Corporation (NASDAQ: SYMC) Started as Outperform at William Blair.
Whole Foods Market, Inc. (NASDAQ: WFMI) Raised to Buy at Jefferies.

JON C. OGG

Filed under: General Tagged: CME, CP, CRM, GDOT, GOOG, ICE, N, NDAQ, NVTL, NYX, SMSI, SNN, SYMC, WFMI

Novatel & Smith Micro Win from iPad at Verizon (AAPL, VZ, T, NVTL, SMSI)

Administrator — Thu, 14 Oct 2010 19:14:39 +0000

Apple Inc. (NASDAQ: AAPL) has many winners and losers through time in its partnership suppliers. The announcement that Verizon Communications Inc. (NYSE: VZ) is going to begin selling the iPad along along with the MiFi Mobile HotSpot is creating a win for at least one other technology supplier. This is likely just the start that moves away from Apple’s exclusivity with AT&T Inc. (NYSE: T) as the rumors of a Verizon CDMA iPhone keep persisting.

Novatel Wireless Inc. (NASDAQ: NVTL) has been a winner on and off in the mobile broadband modem market for laptops for years but shares are up 5.7% at $10.39. The big deal here is that Novatel has a market cap of only $328 million with the stock at $10.39 and it has a 52-week trading range of $5.46 to $12.72.

Smith Micro Software Inc. (NASDAQ: SMSI) is up as MiFi is said to use Smith’s connection manager software, although we have placed a call into the company for verification and clarification on the matter to see what revenue impact this could have. The latest annual report from Smith Micro noted, “Verizon Wireless, Dell, Sprint and AT&T accounted for 65.7% of our revenues in fiscal 2009.” Smith Micro shares are up 8% at $11.50 on the day.

At Verizon, there is a three-tier price offer for various iPad models: $629.99; $729.99; and $829.99. Monthly access will be offered for $20 per month. When you go to the Novatelwireless.com website, there it is… MiFi

As a reminder, many companies have won from having their products and solutions inside or along with Apple devices. The thing to remember is that it has another side. If that business disappears, a bear raid visits the shares of those companies.

JON C. OGG

Filed under: Consumer Electronics, Software, Telecom, WiMAX, Wireless Tagged: AAPL, NVTL, SMSI, T, VZ

Top Analyst Upgrades and Downgrades (BUD, AAPL, CELL, ENER, HD, HCBK, MSFT, MOT, NVTL, PRI, RIMM, SWIR, WAG)

Administrator — Tue, 05 Oct 2010 12:05:19 +0000

These are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research notes:

Anheuser-Busch InBev (NYSE: BUD) Raised to Buy at Stifel Nicolaus.
Apple Inc. (NASDAQ: AAPL) Started as Buy at Jefferies.
Brightpoint Inc. (NASDAQ: CELL) Started as Buy at Jefferies.
Energy Conversion Devices, Inc. (NASDAQ: ENER) Started as Sell at Hapoalim.
The Home Depot, Inc. (NYSE: HD) Cut to Neutral at Goldman Sachs.
Hudson City Bancorp (NASDAQ: HCBK) Cut to Neutral at Susquehanna.
Microsoft Corporation (NASDAQ: MSFT) Cut to Neutral at Janney.
Motorola Inc. (NYSE: MOT) Started as Hold at Jefferies.
Novatel Wireless Inc. (NASDAQ: NVTL) Started as Hold at Jefferies.
Primerica, Inc. (NYSE: PRI) Raised to Market Perform at Wells Fargo.
Research In Motion Ltd. (NASDAQ: RIMM) Started as Hold at Jefferies.
Sierra Wireless Inc. (NASDAQ: SWIR) Started as Buy at Jefferies.
Walgreen Co. (NYSE: WAG) Raised to Buy at Jefferies.

JON C. OGG

Filed under: Analyst Calls Tagged: AAPL, BUD, CELL, ENER, HCBK, HD, MOT, MSFT, NVTL, PRI, RIMM, SWIR, WAG

Top Day Trader Alerts (GNW, CIT, VVUS, NVTL, SWIR, HGSI)

247wallst — Fri, 30 Oct 2009 13:11:25 +0000

We are only featuring a few key day trader and active trader stocks early this morning. We have links through to more data and analysis with links on each stock over at VSInvestor.com:

Genworth Financial Inc. (NYSE: GNW) is soaring on an unexpected earnings and on a huge discount to book value.

CIT Group Inc. (NYSE: CIT) is challenging some key lows from earlier this month and from August on amended loan terms. Actually, things are now getting much worse with a 9:20 update about potential bankruptcy filing.

VIVUS, Inc. (NASDAQ: VVUS) is trading up 8% on additional Qnexa obesity drug data.

Novatel Wireless, Inc. (NASDAQ: NVTL) did not at all match the gains reported by Sierra Wireless (NASDAQ: SWIR). Shares are down 20%.

Human Genome Sciences, Inc. (NASDAQ: HGSI) is going to be one to watch ahead of next week’s new clinical data. We saw huge volume in stock options yesterday on this one and would expect more of the same today.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Posted in Pre-Market Activity, Trading Alert Tagged: CIT, GNW, HGSI, NVTL, SWIR, VVUS

Top Analyst Downgrades (DELL, MLM, NVTL, SWIR, UNT, VMC)

247wallst — Tue, 22 Sep 2009 12:22:00 +0000

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

Dell (DELL) downgraded to Neutral at Credit Suisse.
Martin Marietta (MLM) downgraded to Neutral at UBS.
Novatel Wireless (NVTL) Started as Underperform at BMO Capital.
Sierra Wireless (SWIR) Started as Market Perform at BMO Capital.
Unit Corp. (UNT) Cut to Neutral at Sun Trust Robinson Humphrey.
Vulcan Materials (VMC) downgraded to Neutral at UBS.

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

JON C. OGG

Posted in Analyst Calls Tagged: DELL, MLM, NVTL, SWIR, UNT, VMC

Top Day Trader Alerts (ARIA, ANDS, SYNA, NVTL, ABAX, FSLR, ESLR, AVII)

247wallst — Fri, 31 Jul 2009 12:58:45 +0000

The following are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at VSInvestor.com:

Ariad Pharmaceuticals Inc. (Nasdaq: ARIA) shares are down this morning on cash crunch worries, following concerns raised by BioHealthInvestor.com earlier this week of just such a scenario.

Anadys Pharmaceuticals Inc (Nasdaq: ANDS) are up 50 percent in the premarket after getting a key FDA clearance.

Solar stocks are looking dimmer. First Solar Inc. (Nasdaq: FSLR) is down sharply on increased receivables, and negative conference call comments about pricing and debt financing. Evergreen Solar Inc. (Nasdaq: ESLR) shares are sinking on a wider loss, lower margins and similar pricing concerns

Synaptics Inc. (Nasdaq: SYNA) shares are getting hammered on concerns about PC revenue and a CEO transition.

Novatel Wireless Inc. (Nasdaq: NVTL) shares are surging on raised Q3 guidance.

Abaxis Inc. (Nasdaq: ABAX) shares are up strongly after earnings, and a strong diagnostic reagent disc sales increase.

AVI BioPharma Inc. (Nasdaq: AVII) shares are down 9 percent in early trade, after the company filed a shelf registration.

-The 24/7 Wall St. Team

Posted in Pre-Market Activity, Trading Alert Tagged: ABAX, ANDS, ARIA, AVII, ESLR, FSLR, NVTL, SYNA