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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.

You are invited to 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: ARUN, CMI, DMND, ENZN, FCEL, FIG, HLF, KFT, MYGN, NTAP, OIS, PETD, PMTC, PTR, SWFT

Top Analyst Upgrades & Downgrades (BHI, BYI, CCL, CMCSA, DECK, DVY, HAIN, IMGN, PMTC, PFE, PIR, PWER, RAD, STX, STRA, TGT)

Administrator — Fri, 08 Apr 2011 12:27:11 +0000

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

Baker Hughes Inc. (NYSE: BHI) Raised to Outperform at Credit Suisse.
Bally Technologies Inc. (NYSE: BYI) Cut to Neutral at Credit Suisse.
Carnival Corporation (NYSE: CCL) Cut to Neutral as Bear of the Day at Zacks.
Comcast Corporation (NASDAQ: CMCSA) Reiterated Buy with $31 target at BofA/ML.
Deckers Outdoor Corporation (NASDAQ: DECK) named as Bull of the Day at Zacks.
DeVry Inc. (NYSE: DVY) Cut to Neutral at BofA/ML.
Hain Celestial Group Inc. (NASDAQ: HAIN) Maintained BUy and raised target to $36 at Argus.
Immunogen Inc. (NASDAQ: IMGN) Raised to Outperform at RBC.
Parametric Technology Corporation (NASDAQ: PMTC) Raised to Buy at Jefferies.
Pfizer Inc. (NYSE: PFE) Reiterated Outperform and raised target to $23 at Credit Suisse.
Pier 1 Imports Inc. (NYSE: PIR) Maintained Neutral but raised target to $13 at Credit Suisse.
Power-One, Inc. (NASDAQ: PWER) Maintained Buy with $13 target at Auriga.
Rite Aid Corporation (NYSE: RAD) Reiterated Neutral but raised estimates at Credit Suisse.
Seagate Technology PLC (NASDAQ: STX) Raised at Needham.
Strayer Education Inc. (NASDAQ: STRA) Cut to Neutral at BofA/ML.
Target Corporation (NYSE: TGT) Cut to Neutral at BofA/ML.

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: BHI, BYI, CCL, CMCSA, DECK, DVY, HAIN, IMGN, PFE, PIR, PMTC, PWER, RAD, STRA, STX, TGT

Top Analyst Upgrades & Downgrades (ADSK, AVY, CAT, DFS, FEIC, BEN, JWN, PMTC, SLB, VECO)

247wallst — Thu, 28 May 2009 11:35:33 +0000

These are some of the top pre-market analyst calls with upgrades and downgrades from Wall Street firms this Thursday morning with more than two hours until the market opens:

AutoDesk (ADSK) Started as Neutral at Janney Montgomery Scott.
Avery Dennison (AVY) Started as Underperform at Baird.
Caterpillar (CAT) Cut to Sell at UBS.
Discover Financial (DFS) Started as Outperform at FBR.
FEI Co. (FEIC) Started as Buy at Stifel Nicolaus.
Franklin Resources (BEN) Started as Outperform at Wachovia.
Nordstrom (JWN) Cut to Neutral at Credit Suisse.
Parametric Technology (PMTC) Started as Buy at Janney Montgomery Scott.
Schlumberger (SLB) Started as Neutral at HSBC.
Veeco Instruments (VECO) Started as Buy at Stifel Nicolaus.

JON C. OGG

Posted in Analyst Calls Tagged: ADSK, AVY, BEN, CAT, DFS, FEIC, JWN, PMTC, SLB, VECO

Early Bird Technology Analyst Upgrades & Downgrades (ARUN, PMCS, RVBD, ALTR, CTRP, PMTC, SNWL, XLNX)

247wallst — Wed, 29 Oct 2008 06:16:49 +0000

These are some of the key analyst upgrades and downgrades from Wall Street that we have seen so far this morning in technology stocks:

Aruba Networks (ARUN) Raised to Neutral from Sell at Goldman Sachs.
PMC-Sierra (PMCS) Raised to Buy at Goldman Sachs.
Riverbed Tech (RVBD) Raised to Neutral at UBS.
Altera (ALTR) Cut to Sell at Goldman Sachs.
Ctrip.com (CTRP) Cut target to $45 from $62 at Goldman Sachs.
Parametric Tech (PMTC) Cut to Neutral at Piper Jaffray.
SonicWALL (SNWL) Cut to Neutral at Baird.
Xilinx (XLNX) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
October 29, 2008

Posted in Analyst Calls, Technology Companies Tagged: ALTR, ARUN, CTRP, PMCS, PMTC, RVBD, SNWL, XLNX

Pre-Market Stock News (January 23, 2008)

247wallst — Wed, 23 Jan 2008 07:58:25 +0000

We are full fledged into earnings season now, so most news coverage will point to the current earnings environment and guidance. There are of course drug developments and other contracts awards. Below is a snapshot of some of the key data we saw affecting shares in pre-market trading:

Abbott Laboratories (ABT) $0.93 EPS versus $0.92 estimate; sees Q1 EPS $0.61 to $0.63 versus $0.65 estimates and sees 2008 EPS $3.20 to $3.25 versus $3.22 estimate.
Advanced Energy Industries Inc. (NASDAQ: AEIS) traded down over 10% after after it lowered guidance.
Air Products (APD) $1.16 EPS vs $1.13 estimates.
Apple Inc. (AAPL) trading down 10% after it posted $1.76 EPS on $9.6 Billion revenues; Estimates were $1.62 EPS on revenues of $9.47 Billion; Guidance for next quarter is $0.94 EPS and revenues $6.8 Billion versus estimates of $1.09 EPS on $6.98 Billion in revenues.
Baidu.com (BIDU) announces the formal launch of its Japanese language search engine run by its Japanese subsidiary.
CheckPoint Software (CHKP) trading up almost 5% after $0.46 EPS versus $0.45 est.; Revenues $206.7M vs. $202.3M est.;
CNH Global (CNH) $0.50 EPS versus $0.60 estimate.
Coach (COH) $0.69 EPS vs $0.68 estimate; noted weak mall traffic and decline in average transaction size.
EntreMed (ENMD) is starting its Phase II study with its MKC-1 cell cycle inhibitor in ovarian cancer and advanced endometrial cancer.
Ethan Allen (ETH) posted $0.70 EPS versus $0.68 estimate.
Foster Wheeler (FWLT) trades ex-split to reflect a 2 for 1 stock split.
General Dynamics (GD) $1.42 EPS vs. $1.41 estimate; sees 2008 EPS $5.55 to $5.65 versus $5.73 estimate.
HOKU Scientific Inc. (HOKU) traded down 10% after earnings beat but guidance was deemed light.
INX (INXI) awarded Department of Defense contract to provide up to $21 million in support of a Cisco Systems network pact.
Martek Biosciences (MATK) noted a December publication showed its DHA may help in late-onset Alzheimer’s, although NIH study results will be in 2010.
Parametric (PMTC) $0.26 EPS vs. $0.23 estimate; sees next quarter $0.24 to $0.28 vs. $0.26 estimate; sees 2008 EPS $1.17 to $1.27 vs. $1.16 estimate (revenue in-line).
Praxair (PX) $0.98 EPS vs $0.97 estimate.
Qualcomm (QCOM) expanded relationship with Motorola for chipsets into certain UMTS 3G handsets in 2008 and 2009.
RLI Corp. (RLI) $1.22 EPS versus $1.05 estimate.
Rockwell Automation (ROK) $1.04 EPS vs. $1.01 estimates; guides 200 EPS $4.25 to $4.45 versus $4.38 estimate.
Southwest Airlines (LUV) $0.12 EPS vs. $0.10 estimate ; reigned in 2008 growth plans to 4%-5% capacity.
Texas Instruments Inc. (TXN) has posted earnings of $0.54 EPS and revenues of $3.56 Billion; analysts pegged at $0.52 EPS on $3.58 Billion in revenues; sees Next quarter $0.43 to $0.49 EPS on revenues of $3.27 to $3.55 Billion versus estimates of $0.45 EPS on $3.41 Billion in revenues.
TJX Companies (TJX) was Jim Cramer’s retail pick on CNBC’s MAD MONEY last night.
United Tech (UTX) $1.08 EPS vs. $1.06 estimate; sees 2008 $4.65 to $4.85 versus $4.85 estimate.
Vertex Pharmaceuticals (VRTX) will begin Phase III evaluation of telaprevir for its lead investigational hepatitis C protease inhibitor.
WellPoint (WLP) $1.51 EPS versus $1.51 estimate.
Werner Enterprises (WERN) $0.28 EPS vs. $0.28 estimate.

Jon C. Ogg
January 23, 2008