24/7 Wall St. » PNM

Top Analyst Upgrades & Downgrades (ALTR, AZO, BWP, BA, BYI, EPB, DD, EW, KND, LEN, LLTC, PCS, PLL, PNM, PSB, SAP, TOL)

Administrator — Mon, 12 Dec 2011 13:28:23 +0000

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

Altera Corporation (NASDAQ: ALTR) Raised to Outperform at BMO Capital Markets.
AutoZone Inc. (NYSE: AZO) Maintained as Buy with a price target of $381 by Argus.
Boardwalk Pipeline Partners, LP (NYSE: BWP) Started as Neutral at JPMorgan.
Boeing Co. (NYSE: BA) Raised to Overweight with $82 price target at Morgan Stanley.
Bally Technologies, Inc. (NYSE: BYI) Raised to Overweight at JPMorgan.
El Paso Pipeline Partners, L.P. (NYSE: EPB) Started as Overweight at JPMorgan.
E I DuPont de Nemours & Co. (NYSE: DD), or DuPont, Cut to Neutral at Citigroup; Lowered estimates for DuPont at Credit Suisse.
Edwards Lifesciences Corp. (NYSE: EW) Raised to Buy with $75 target at Canaccord Genuity.
Kindred Healthcare, Inc. (NYSE: KND) is already a strong buy but was named as the value stock of the day by Zacks Investment Research.
Lennar Corporation (NYSE: LEN) Cut to Hold at KeyBanc.
Linear Technology (NASDAQ: LLTC) Reiterated Underperform and named Bear of the Day by Zacks Investment Research.
MetroPCS Communications, Inc. (NYSE: PCS) Started as Outperform at Credit Suisse.
Pall Corporation (NYSE: PLL) on Focus List and raised price target to $68 at Credit Suisse.
PNM Resources, Inc. (NYSE: PNM) Cut to Market Perform at Wells Fargo.
PS Business Parks (NYSE: PSB) reiterated Outperform and named as Bull of the Day at Zacks.
SAP AG (NYSE: SAP) Reiterated Buy with $84 price target objective by Argus.
Toll Brothers (NYSE: TOL) Cut to Hold at KeyBanc.

If you want to receive the full 24/7 Wall St. 2012 Model Dividend Portfolio you can sign up in the email submission below. Each morning we send our free email list subscribers a snapshot of the key feature stories, the top daily analyst upgrades and downgrades, previews for key events, and many other aspects governing your finances.

JON C. OGG

Filed under: Analyst Calls Tagged: ALTR, AZO, BA, BWP, BYI, DD, EPB, EW, KND, LEN, LLTC, PCS, PLL, PNM, PSB, SAP, TOL

Bill Gates & Cascade New Stock Holdings (AN, BRK-A, CNI, KOF, FSCI, FMX, GBL, TV, OTTR, PCX, LGBT, PNM, RSG, SIX, BEE)

247wallst — Fri, 14 Nov 2008 16:35:35 +0000

These are the new holdings (sans ETF and sans derivatives) for Bill Gates’ CASDADE INVESTMENT LLC As of September 30, 2008:

AUTONATION (NYSE: AN) 5,263,588
BERKSHIRE HATHAWAY (NYSE: BRK-A) 4,050
CANADIAN NATL RY (NYSE: CNI) 33,859,544
COCA COLA FEMSA S A B (NYSE: KOF) 857,128
FISHER COMMUNICATIONS (NASDAQ: FSCI) 455,700
FOMENTO ECONOMICO (NYSE: FMX) 20,966,795
GAMCO INVESTORS (NYSE: GBL) 90,845
GRUPO TELEVISA SA (NYSE: TV) 19,680,400
OTTER TAIL (NASDAQ: OTTR) 2,556,499
PATRIOT COAL (NYSE: PCX) 2,408,653
PLANETOUT (NASDAQ: LGBT) 521,739
PNM RESOURCES (NYSE: PNM) 7,019,550
REPUBLIC SERVICES (NYSE: RSG) 34,873,836
SIX FLAGS (NYSE: SIX) 10,210,600
STRATEGIC HOTELS & RESORT (NYSE: BEE) 4,190,000

You can join our open email distribution list to hear about holdings of Warren Buffett, Bill Gates, IPO’s, secondary offerings, private placements, merger, special situations, rumors, and more.

Jon C. Ogg
November 14, 2008

Posted in Activist Investor, Insider Activity Tagged: AN, BEE, BRK-A, CNI, FMX, FSCI, GBL, KOF, LGBT, OTTR, PCX, PNM, RSG, SIX, TV

Early-Bird Analyst Upgrades (EMKR, IAG, PNM, PCLN, SDXC)

247wallst — Fri, 15 Aug 2008 06:16:34 +0000

These are some of the very early morning upgrades and positive calls we have seen from the analyst community this Friday morning:

Emcore (EMKR) Started as Buy at Stanford Research.
IAMGold (IAG) Started as Overweight at Thomas Weisel.
PNM Resources (PNM) Raised To Market Perform at Wachovia.
Priceline.com (PCLN) Raised to Buy at Citigroup.
Switch & Data (SDXC) Started as Buy at SunTrust.

Jon C. Ogg
August 15, 2008

Bill Gates Personal Stock Holdings (MSFT, CNI, FSCI, OTTR, LGBT, PNM, RSG, SIX, FMX, TV, BRK.A)

247wallst — Sat, 16 Feb 2008 07:41:00 +0000

Below are most of the equity holdings listed for Bill Gates’ own Cascade Investment, L.L.C. as of December 31, 2007. These were disclosed in a filing late in the week. Keep in mind that these are not tied at all to Microsoft (NASDAQ: MSFT) and these also do not include the Bill & Melinda Gates Foundation either. This also does not include any ETF holdings. These are not quite all of his holdings inside of Cascade, but these are the bulk of the holdings:

Company (Ticker)                                                 Value                Shares
Berkshire Hathaway (NYSE: BRK-A)          $573,480,000    4,050
Canadian National Rail (NYSE: CNI)          $1,589,028,000    33,859,544
Fisher Communications (NASDAQ: FSCI) $17,298,000       455,700
Fomento Econmico Mexicano (NYSE: FMX)$412,617,000       10,810,000
Grupo Televisa S.A. (NYSE: TV)                   $467,803,000    19,680,400
Otter Tail Corp. (NASDAQ: OTTR)                $88,455,000       2,556,499
PlanetOut Inc. (NASDAQ: LGBT)                   $3,240,000          521,739
PNM Resources Inc. (NYSE: PNM)             $150,569,000       7,019,550
Republic Services Inc. (NYSE: RSG)          $852,483,000       27,192,451
Six Flags, Inc. (NYSE: SIX)                            $20,728,000          10,210,600

If you want to see Mr. Gates’ new best friend’s holdings (that would be Warren Buffett) you can see all of those here for the same period.

Or you can see Carl Icahn’s top equity holdings as well.

Jon C. Ogg
February 16, 2008

Top 10 Pre-Market Analyst Calls (AIG, ANDE, BHI, PNM, SLB, SII, TWX, UL, WFT, WINN)

247wallst — Tue, 12 Feb 2008 07:27:30 +0000

These are the top ten analyst calls that 247WallSt.com is focusing on in pre-market trading this Tuesday morning:

AIG (NYSE: AIG) downgraded to Equal Weight at Lehman.
Andersons (NASDAQ: ANDE) downgraded to Neutral from Buy at Banc of America.
Baker Hughes (NYSE: BHI) downgraded to Neutral from Buy at UBS.
PNM Resources (NYSE: PNM) downgraded to Equal Weight at Lehman and also downgraded to Hold from Buy at Citigroup.
Schlumberger (NYSE: SLB) raised to Outperform at Bear Stearns.
Smith International (NYSE: SII) downgraded to Neutral from Buy at UBS.
Time Warner (NYSE: TWX) raised to Buy from Neutral at UBS.
Unilever (NYSE: UL) downgraded to Hold from Buy at Citigroup.
Weatherford (NYSE: WFT) raised to Buy from Neutral at UBS.
Winn Dixie (NASDAQ: WINN) downgraded to Market Perform at FBR.

Jon C. Ogg
February 12, 2008

The 52-Week Low Club (AIG)(PRU)(ALL)(NURO)

247wallst — Mon, 11 Feb 2008 15:58:41 +0000

American International Group (NYSE: AIG) Warns about more potentia write-offs and bad financial controls. Falls to $44.52 from 52-week high of $72.97.

PNM Res (NYSE: PNM) Numbers miss Wall St. estimates. Drops to $13.31 from 52-week high of $34.28.

CNA Financial (NYSE: CNA) Profits drop on investment losses. Shares sell off to $25.17 from 52-week high of $51.96.

Prudential NYSE: PRU) Industry woes and still slipping from earnings. Down to $66.76 from 52-week high of $103.27.

UBS (NYSE: UBS), Allstate (NYSE: ALL), and HSBC (NYSE: HBC) also all hit new lows.

Neurometrix (NASDAQ:NURO) Appears one of the company’s medical devices did not get approval. Falls to $5.25 from 52-week high $12.10.

Syntax Brillian NASDAQ: BRLC) Delays filing results. Drops to $1.88 from 52-week high of $9.08.

Douglas A. McIntyre

Top 10 Pre-Market Analyst Calls (ALL, GLW, DISH, GM, INTC, ITG, JNJ, PNM, RESP, UPL)

247wallst — Fri, 04 Jan 2008 07:57:06 +0000

These are not the only top analyst calls impacting share prices this morning, but these are the main calls that 247WallSt.com is focusing on in pre-market trading this Friday morning:

Allstate (ALL) raised to Outperform at FBR.
Corning (GLW) started as Buy at Jefferies.
Echostar (DISH) raised to Market Perform from Underperform at Bernstein.
General Motors (GM) removed from JPMorgan Focus List.
Intel (INTC) downgraded to Neutral from Overweight at JPMorgan.
Investment Technology (ITG) raised to Buy from Neutral at Banc of America.
Johnson & Johnson (JNJ) started as Buy at UBS.
PNM Resources (PNM) raised to Buy from Hold at Jefferies.
Respironics (RESP) downgraded to Neutral from Buy at Banc of America.
Ultra Petroleum (UPL) started as Neutral at Sun Trust Robinson Humphrey; just noted last night by Cramer on MAD MONEY as his natural gas stock of 2008.

Jon C. Ogg
January 4, 2008

Pre-Market Analyst Calls (June 28, 2007)

247wallst — Thu, 28 Jun 2007 06:47:08 +0000

ACL raised to Buy at Goldman Sachs.
ANDW cut to Neutral at Baird.
CRWN started as Buy at Oppenheimer.
CSCO raised to Buy at Merrill Lynch.
DNA reiterated Buy at Goldman Sachs with $102 target.
ENOC started as Hold at Canaccord Adams.
INTC raised to Overweight at Lehman.
IPG target cut to $13.50 at Deutsche Bank.
LSI estimates cut at Goldman Sachs.
PNM raised to Hold at Jefferies.
PNRA reiterated outperform at Baird.
PRAA raised to Buy at Jefferies.
RHT reiterated Outperform at Baird.
SYK cut to Neutral at Goldman Sachs.
TDG started as Neutral at B of A.

Jon C. Ogg
June 28, 2007

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

Bill Gates & Cascade Holdings

247wallst — Tue, 15 May 2007 16:42:38 +0000

These are the holdings of Cascade Investment Management, L.L.C. as of March 31, 2007. For those that do not recognize the name "Cascade," that is Bill Gates own private investment vehicle he uses for outside unrelated and passive investments for his own money that is not tied to Microsoft operations. Here are the holdings as of March 31 per the SEC FILING:

Stock                                                                               $$Value          Shares
BERKSHIRE HATHAWAY (BRK-A)       $441,410    4,050
CANADIAN NAT. Rail (CNI-NYSE)       $1,387,530    31,434,745
FISHER COMMUN. (FSCI-NASDAQ) $22,147       455,700
FOUR SEASONS HOTEL (FS-NYSE) $57,483       715,850
GRUPO TELEVISA SA (TV-NYSE)       $579,288    19,439,200
OTTER TAIL CORP (OTTR-NASDAQ) $87,535    2,556,499
PNM RES INC (PNM-NYSE)                $210,581    6,519,550
REPUBLIC SVCS INC (RSG-NYSE)    $756,494    27,192,451
SIX FLAGS INC (PKS-NYSE)                $61,366    10,210,600
WESTERN ASSET
CLAYMORE US TR                                  $26,425    2,270,200
WESTERN ASSET/CLYMRE
US TR INF (WIA-NYSE)                            $48,872    4,113,800

Jon C. Ogg
May 15, 2007

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