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Top Analyst Upgrades & Downgrades (ANDE, BAC, DELL, GEVO, GT, KMB, OIS, OCR, PWAV, RAX, RCL, SWY, TRMB, ZNGA)

Administrator — Wed, 15 Feb 2012 13:20:07 +0000

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

The Andersons, Inc. (NASDAQ: ANDE) named as Value stock of the day at Zacks.
Bank of America Corporation (NYSE: BAC) Cut to Market Perform at Bernstein.
Dell Inc. (NASDAQ: DELL) Cut to UNderperform at Stern Agee.
Gevo, Inc. (NASDAQ: GEVO) Started as Buy with $16 target at Canaccord Genuity.
Goodyear Tire & Rubber Company (NYSE: GT) Cut to Hold at S&P Capital IQ.
Kimberly-Clark Corporation (NYSE: KMB) Cut to Neutral at Janney.
Oil States International (NYSE: OIS) Started as Buy with $103 target at Canaccord Genuity.
OmniCare Inc. (NYSE: OCR) Raised to Outperform at Credit Suisse.
Powerwave Technologies, Inc. (NASDAQ: PWAV) Cut to Underweight at JPMorgan; Target cut to $1.00 at Canaccord Genuity.
Rackspace Hosting, Inc. (NYSE: RAX) Cut to Market Perform at Raymond James.
Royal Caribbean Cruises Ltd. (NYSE: RCL) named Bear of the Day at Zacks.
Safeway Inc. (NYSE: SWY) Raised to Outperform at Credit Suisse.
Trimble Navigation (NASDAQ: TRMB) named Bull of the Day at Zacks.
Zynga Inc. (NASDAQ: ZNGA) Cut to Neutral at Baird; Cut to Equal-weight at Barclays.

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JON C. OGG

Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: ANDE, BAC, DELL, GEVO, GT, KMB, OCR, OIS, PWAV, RAX, RCL, SWY, TRMB, ZNGA

Small & Mid-Cap Stocks With 50% Upside In 2012 (OIS, OI, ROSE, WBC, CIE)

Administrator — Wed, 28 Dec 2011 13:01:47 +0000

In December you get to see all sorts of predictions and stock picks from market pundits for the year ahead. This year is no different, and Credit Suisse has issued this month its list of Small Cap Stocking Stuffers. In the heart of the small-cap and mid-cap universe, called the SMID, Credit Suisse had ten new additions and the total group was twenty-four stocks. We pulled those with the most implied upside and the following had implied upside of close to 50% or more in the year ahead: Oil States International Inc. (NYSE: OIS); Owens-Illinois, Inc. (NYSE: OI); Rosetta Resources, Inc. (NASDAQ: ROSE); and WABCO Holdings Inc. (NYSE: WBC). Cobalt International Energy, Inc. (NYSE: CIE) is a “runner-up” only now because it has outperformed the market so much this month.

We have shown how Credit Suisse’s price targets compare to the consensus targets and shown price history as well to give investors a feel for what the price targets might imply. Other color has been added in if applicable.

Oil States International Inc. (NYSE: OIS) is in the Energy Equipment & Services sector. Credit Suisse’s Arun Jayaram has an Outperform rating on the stock and it has been on the top picks list since September under the growth category. Shares are trading at $75.00 and the $110.00 price target objective implies upside of almost 47%. Thomson Reuters has a $95.92 consensus price target on Oil States and Credit Suisse has the “street high” target. It should be worth noting that shares tanked in the summer sell-off and they have now recovered actually by about 50% since the September-October selling climax.

Owens-Illinois, Inc. (NYSE: OI) is in the Metal and Glass Containers sector and Credit Suisse’s Al Kabili has an Outperform rating and it is listed as a value stock. This stock was added to the top picks list in mid-December. At $18.65, there is an implied upside of almost 61% to the firm’s $30.00 price target. Interestingly enough, the consensus price target from Thomson Reuters is $28.11 and the highest target from other analysts is $32.00. It looks like there are still many bullish analysts here on this one outside of Credit Suisse. The summer sell-off was brutal here as shares were more than cut in half at the extreme point before recovering recently.

Rosetta Resources, Inc. (NASDAQ: ROSE) is in the Oil and Gas Exploration and Production segment. Credit Suisse’s Mark Lear has an Outperform rating and calls ita growth stock. At $44.00, there is an implied upside of 52% to the firm’s $67.00 price target. The Thomson Reuters consensus price target is $58.64 and the year high is $58.04. There are some other analysts with far higher expectations as there is one price target as high as $82.00 on the stock. This one has been an aggressive earnings growth name and that is expected to remain in 2012.

WABCO Holdings Inc. (NYSE: WBC) is into braking, stability, suspension, and transmission control systems primarily for commercial vehicles. Credit Suisse’s Peter Chang has an Outperform rating on Wabco as a growth stock. The $43.00 share price today leaves an implied 53% upside to the firm’s $66.00 price target. This one has been very volatile as the 52-week range is $34.17 to $75.00. Credit Suisse is only a tad more bullish than the consensus as Thomson Reuters has a median price target of $63.71 and the highest analyst price target is $71.00.

Cobalt International Energy, Inc. (NYSE: CIE) is now just a “runner-up” in the Oil and Gas Exploration and Production segment and Credit Suisse’s Edward Westlake has an Outperform rating. This one was added as a fresh addition to the top picks list in December, but investors have effectively missed this one. It had 50% implied upside to the $17.00 price target at the time, but now shares have risen to $15.98. If it matters, Thomson Reuters has a higher consensus price target of $18.40 on the stock.

JON C. OGG

Filed under: Analyst Calls, Oil & Gas, Value Investing Tagged: CIE, OI, OIS, ROSE, WBC

Top Analyst Upgrades & Downgrades (ARUN, CMI, DMND, ENZN, FCEL, FIG, HLF, KFT, MYGN, NTAP, OIS, PMTC, PTR, PETD, SWFT)

Administrator — Wed, 15 Jun 2011 12:23:53 +0000

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

Aruba Networks, Inc. (NASDAQ: ARUN) Started as Buy at UBS.
Cummins, Inc. (NYSE: CMI) Reiterated Outperform as Bull of the Day at Zacks.
Diamond Foods, Inc. (NASDAQ: DMND) Started as Buy at Jefferies.
Enzon Pharmaceuticals, Inc. (NASDAQ: ENZN) Cut to Underperform as Bear of the Day at Zacks.
Fortress Investment Group (NYSE: FIG) Raised to Outperform at Credit Suisse.
FuelCell Energy Inc. (NASDAQ: FCEL) Maintained Buy with $3 target at Canaccord Genuity.
Herbalife Ltd. (NYSE: HLF) Reiterated Buy and raised target to $63 at Argus.
Kraft Foods Inc. (NYSE: KFT) Started as Buy at Jefferies.
Myriad Genetics Inc. (NASDAQ: MYGN) Raised to Buy at Auriga.
NetApp Inc. (NASDAQ: NTAP) Raised to Outperform at Credit Suisse.
Oil States International, Inc. (NYSE: OIS) Reiterated Strong Buy as Value at Zacks.
Parametric Technology Corporation (NASDAQ: PMTC) Reiterated Buy with $28 target at Canaccord Genuity.
PetroChina Co. Ltd. (NYSE: PTR) Raised to Buy at BofA/ML.
Petroleum Development Corporation (NASDAQ: PETD) Raised to Overweight at JPMorgan.
Swift Transportation Co., LLC (NYSE: SWFT) Raised to Overweight at JPMorgan.

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JON C. OGG

Filed under: Analyst Calls Tagged: ARUN, CMI, DMND, ENZN, FCEL, FIG, HLF, KFT, MYGN, NTAP, OIS, PETD, PMTC, PTR, SWFT

Goldman Sachs Mixes Calls in Oil and Utilities (RIG, PTEN, HAL, OIS, NBR, DO, FTI, WR, NRG, NVE)

247wallst — Thu, 25 Jun 2009 12:22:07 +0000

Goldman Sachs has made several key upgrades and downgrades this morning in the utility sector and in the oil patch. While the utility sector was raised to attractive, some of the other calls seem more mixed on the surface in the oil patch.

Transocean (NYSE: RIG) was one of the few real upgrades as shares were raised to Buy from Neutral. Patterson-UTI (NASDAQ: PTEN) and Halliburton (NYSE: HAL) were cut to Neutral, while Oil States International (NYSE: OIS) was cut to Sell. Nabors Industries (NYSE: NBR) was cut to Sell from Neutral. Diamond Offshore (NYSE: DO) and FMC Technologies (NYSE: FTI) were both upgraded, but only to Neutral from Sell.

Westar Energy (NYSE: WR) and NRG Energy (NYSE: NRG) were both raised to Buy, while NV Energy (NYSE: NVE) was cut to Neutral.

Jon C. Ogg
June 25, 2009

Posted in Analyst Calls, Oil & Gas, Utilities Tagged: DO, FTI, HAL, NBR, NRG, NVE, OIS, PTEN, RIG, WR