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Top Analyst Upgrades & Downgrades (AKS, AA, ADI, CHD, GE, GS, HBAN, LSI, NYB, QLGC, SNDK, SBIB, SYMC, TLB, VZ)

Administrator — Wed, 12 Jan 2011 13:13:31 +0000

These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms.

AK Steel Holding Corporation (NYSE: AKS) Cut to Sell at UBS.
Alcoa Inc. (NYSE: AA) Cut to Underperform at RBC.
Analog Devices Inc. (NYSE: ADI) Cut to Hold at Deutsche Bank.
Church & Dwight Co. Inc. (NYSE: CHD) Raised to Buy at Goldman Sachs.
General Electric Co. (NYSE: GE) Cut to Market Perform at Bernstein.
Goldman Sachs Group Inc. (NYSE: GS) Cut to Neutral at JPMorgan.
Huntington Bancshares Inc. (NASDAQ: HBAN) Started as Outperform at Credit Suisse.
LSI Corp. (NYSE: LSI) Cut to Hold at Deutsche Bank.
New York Community Bancorp Inc. (NYSE: NYB) Started as Outperform at Credit Suisse.
QLogic Corp. (NASDAQ: QLGC) Cut to Hold at Canaccord Genuity.
SanDisk Corporation (NASDAQ: SNDK) Cut to Hold at Deutsche Bank.
Sterling Bancshares Inc. (NASDAQ: SBIB) Cut to Market Perform at FBR.
Symantec Corporation (NAASDAQ: SYMC) Raised to Buy at Citigroup.
The Talbots Inc. (NYSE: TLB) Cut to Neutral at Nomura; Cut to Neutral at Janney.
Verizon Communications Inc. (NYSE: VZ) Cut to Hold at Deutsche Bank; Raised to Buy at Goldman Sachs.

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: AA, ADI, AKS, CHD, GE, GS, HBAN, LSI, NYB, QLGC, SBIB, SNDK, SYMC, TLB, VZ

Top Analyst Upgrades and Downgrades (AA, AMZN, EXPE, YGE, JCP, JKS, MOT, NBIX, QLGC, SCSC, SOLF, VALE, VSAT, VMW)

Administrator — Fri, 08 Oct 2010 12:21:28 +0000

Maybe everyone is hanging on for the unemployment report, but this Friday morning there are many key influential analyst upgrades, downgrades, and initiations seen in Wall Street research calls.

Alcoa Inc. (NYSE: AA) Raised to Overweight at JPMorgan.
Amazon.com Inc. (NASDAQ: AMZN) Maintained Buy but removed from Conviction Buy List at Goldman Sachs.
Expedia Inc. (NASDAQ: EXPE) Cut to Neutral at Goldman Sachs.
Yingli Green Energy (NYSE: YGE) Cut to Perform at Oppenheimer.
J.C. Penney Company, Inc. (NYSE: JCP) Cut to Hold at S&P Equity Research (late Thursday call).
Jinko Solar (NYSE: JKS) Cut to Perform at Oppenheimer.
Motorola Inc. (NYSE: MOT) Cut to Hold with $10 target at Citigroup.
Neurocrine Biosciences (NASDAQ: NBIX) Started as Buy at Jefferies.
QLogic Corp. (NASDAQ: QLGC) Raised to Buy at Canaccord.
ScanSource Inc. (NASDAQ: SCSC) Raised to Buy at Stifel Nicolaus.
Solarfun Power Holdings Co. (NASDAQ: SOLF) Cut to Hold with $13 target at Auriga.
Vale S.A. (NYSE: VALE) Cut to Neutral at UBS.
ViaSat Inc. (NASDAQ: VSAT) Raised to Outperform at Oppenheimer.
VMware Inc. (NYSE: VMW) Started as Market Perform at FBR.

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: Analyst Calls Tagged: AA, AMZN, EXPE, JCP, JKS, MOT, NBIX, QLGC, SCSC, SOLF, VALE, VMW, VSAT, YGE

Top Active Trader Alerts (CRNT, COGT, DGIT, GENZ, HPQ, QLGC, SPWRA)

Administrator — Mon, 30 Aug 2010 12:56:07 +0000

Active traders and day traders have a decent slew of companies to choose from this late-August Monday. We are seeing large trading activity in shares of Ceragon Networks Ltd. (NASDAQ: CRNT), Cogent Inc. (NASDAQ: COGT), DG FastChannel, Inc. (NASDAQ: DGIT), Genzyme Corporation (NASDAQ: GENZ), Hewlett-Packard Company (NYSE: HPQ), QLogic Corp. (NASDAQ: QLGC), and SunPower Corporation (NASDAQ: SPWRA).

Ceragon Networks Ltd. (NASDAQ: CRNT) is trading higher after receiving orders for mobile backhaul equipment from one of India’s “leading operators.” Shares are trading up 6.7% at $8.30 on about 20,000 shares versus a 52-week range of $6.85 to $13.29.

Cogent Inc. (NASDAQ: COGT) is up 21.7% at $10.85 after 3M announced it was acquiring the fingerprint identification system provider at %10.50 per share. Cogent has has unanimously recommended that the shareholders of Cogent Systems accept the offer, and there is a premium to the deal now here as in others because of a hope that other buyers will emerge.

DG FastChannel, Inc. (NASDAQ: DGIT) tried to fend off a warnings for Q3 and for 2010 by announcing a $30 million share buyback plan. That did not work as the stock is down 17.7% at $20.20 versus a 52-week range of $16.39 to $44.19.

Genzyme Corporation (NASDAQ: GENZ) is trading higher after it rejected the $69.00 offer from Sanofi Aventis. Investors are hoping for a bidding war as shares are up around $70.50 on more than 1 million shares.

Hewlett-Packard Company (NYSE: HPQ) is trading higher after announcing an additional share buyback plan of up to $10 billion. Some will be accelerated: “we expect to repurchase at least $3 billion worth of our shares in our fiscal fourth quarter at current price levels.” Shares are now up 2.8% at $39.06 on over 500,000 shares.

QLogic Corp. (NASDAQ: QLGC) announced board approval of a stock buyback of up to $200 million additional in stock versus a $1.6 billion market cap. Shares are up about 1% at $14.96 versus a 52-week range of $14.30 to $22.40.

SunPower Corporation (NASDAQ: SPWRA) is trading higher after a rally last week on fresh headlines that its solar technology was selected for multiple U.S. federal government facilities. Shares were up more earlier, but on last look the stock was up 2% at $11.45 on 12,000 shares.

JON C. OGG

Filed under: Pre-Market Activity, Trading Alert Tagged: COGT, CRNT, DGIT, GENZ, HPQ, QLGC, SPWRA

Top Day Trader Alerts (AMZN, ARMH, ATHN, C, ETFC, F, ERIC, QLGC, KWK, SNDK)

Administrator — Fri, 23 Jul 2010 13:04:40 +0000

We have many stocks on the move this morning for day traders and active traders to choose from. Most are earnings, but some are not. We have key and standout moves being seen in shares of Amazon.com Inc. (NASDAQ: AMZN), ARM Holdings plc (NASDAQ: ARMH), Athenahealth, Inc. (NASDAQ: ATHN), E*TRADE Financial Corporation (NASDAQ: ETFC), Ford Motor Company (NYSE: F), LM Ericsson Telephone Co. (NASDAQ: ERIC), QLogic Corporation (NASDAQ: QLGC), Quicksilver Resources Inc. (NYSE: KWK), and SanDisk Corporation (NASDAQ: SNDK). W e have offered news and color, with some more detailed data at VSInvestor.com.

Amazon.com Inc. (NASDAQ: AMZN) is down over 11% on active trading.

ARM Holdings plc (NASDAQ: ARMH) is a huge winner this morning after Microsoft licensed its architecture. Shares/ADRs up over 10% in fairly active trading.

Athenahealth, Inc. (NASDAQ: ATHN) is still on the road to recovery. Earnings were down but above estimates. We have seen Baird raise its rating as well. Shares are up 9% at $24.05 on only about 22,000 shares.

Citigroup, Inc. (NYSE: C) is down this morning by 1.5% at $4.03, but the volume is off the charts at close to 20 million right at 9:00 on word that the US Treasury will immediately sell $1.5 billion in shares.

E*TRADE Financial Corporation (NASDAQ: ETFC) may finally be on the path to redemption after its reverse split. Last night the company reported its first profit in about 3-years, back to the day when it had all those silly mortgages for clients. Shares are up 9.3% at $14.59 versus a new adjusted 52-week trading range of $11.15 to $20.80. Before the split this would have been millions of shares, but so far we have only seen about 40,000 shares trade hands.

Ford Motor Company (NYSE: F) is up again as America’s only non-bailout auto-maker reported earnings were at a six-year high. This is the most active or one o fthe most active in pre-market trading. Shares are up 5% at $12.70 on over 4.3 million shares.

LM Ericsson Telephone Co. (NASDAQ: ERIC) is trading down 6% at $11.40 on over 300,000 shares pre-market after earnings missed estimates.

QLogic Corporation (NASDAQ: QLGC) is getting slapped after its profit report beat estimates but there were issues on the revenue side. Shares are down 11% at $16.77, but the trading volume so far is very thin.

Quicksilver Resources Inc. (NYSE: KWK) is one of the top gainers this morning after it announced a $1 billion sale of 100% of its interests in Quicksilver Gas Services. The market cap here was only $2.17 billion. Shares are up almost 17% at $14.90 on about 230,000 shares.

SanDisk Corporation (NASDAQ: SNDK) is down but off lows after the earnings significant beat patterns may be peaking. The big news is the CEO departure. Shares are down 5.2% at $40.89 on almost 200,000 shares.

JON C. OGG

Filed under: Pre-Market Activity, Trading Alert Tagged: AMZN, ARMH, ATHN, C, ERIC, ETFC, F, KWK, QLGC, SNDK

Morgan Stanley’s Key Technology Upgrades & Downgrades (IBM, DELL, CTXS, ADSK, NVLS, TXN, STM, PMCS, QLGC, LRCX, XLNX)

247wallst — Tue, 08 Sep 2009 13:01:03 +0000

Morgan Stanley has made several key downgrades in technology, as well as a few lesser upgrades. Both IBM (NYSE: IBM) and Dell Inc. (NASDAQ: DELL) were downgraded to Equal-Weight from Overweight. Also cut to underweight were Citrix Systems (NASDAQ: CTXS) and Autodesk (NASDAQ: ADSK). Novellus Systems (NASDAQ: NVLS) and Texas Instruments (NYSE: TXN) were downgraded to Equal-Weight from Overweight; and STMicroelectronics (NYSE: STM) was cut to Underweight.

There were actually a few Morgan Stanley upgrades in the broader call as well. PMC-Sierra (NASDAQ: PMCS), QLogic (NASDAQ: QLGC), Lam Research (NASDAQ: LRCX) and Xilinx (NASDAQ: XLNX) were all raised to Overweight.

JON C. OGG

Posted in Analyst Calls, Software, Technology Companies Tagged: ADSK, CTXS, DELL, IBM, LRCX, NVLS, PMCS, QLGC, STM, TXN, XLNX

Top 10 Analyst Upgrades/Downgrades (AMGN, CELL, ELON, SATS, KR, QLGC, MBI, PETM, S, YUM)

247wallst — Tue, 11 Aug 2009 11:58:50 +0000

These are the top 10 pre-market analyst upgrades and downgrades in Wall Street research calls this Tuesday morning:

Amgen (AMGN) Started as Buy at RBC.
Brightpoint (CELL) Raised to Buy at Citigroup.
Echelon (ELON) Raised to Neutral at Piper Jaffray.
Echostar Holdings (SATS) Raised to Buy at Citigroup.
Kroger (KR) Started as Buy at Deutsche Bank.
QLogic (QLGC) Raised to Outperform at RBC.
MBIA Inc. (MBI) Cut to Underweight at JPMorgan.
PETsMART (PETM) Cut to Neutral at JPMorgan.
Sprint Nextel (S) Cut to Underweight at Piper Jaffray.
YUM! Brands (YUM) Cut to Neutral at UBS.

JON C. OGG
AUGUST 11, 2009

Posted in Analyst Calls Tagged: AMGN, CELL, ELON, KR, MBI, PETM, QLGC, S, SATS, YUM

Top Analyst Upgrades (AXP, KMX, CNQ, COF, CERN, CVD, ENOC, QLGC, QCOM, DIS)

247wallst — Thu, 16 Jul 2009 12:18:31 +0000

These are some of the top pre-market analyst upgrades and positive initiations we have seen early this Thursday morning:
American Express (AXP) Raised to Neutral from Underweight at JPMorgan.
CarMax (KMX) Started as Buy at Rochdale.
Canadian Natural (CNQ) Raised to outperform at CIBC.
Capital One (COF) Raised to Buy at Jefferies.
Cerner (CERN) Started as Outperform at William Blair.
Covance CVD) Started as Outperform at JPMorgan.
enerNOC (ENOC) Raised to Outperform at Baird.
QLogic (QLGC) Raised to Buy at ThinkEquity.
QUALCOMM (QCOM) Started as Outperform at RBC.
Walt Disney (DIS) Raised to Outperform at Bernstein.

JON C. OGG

Posted in General Tagged: AXP, CERN, CNQ, COF, CVD, DIS, ENOC, KMX, QCOM, QLGC

Top 10 Analyst Calls (AMSF, AMCC, DMND, DLB, GDP, FLO, QLGC, RHT, SONS, URBN)

247wallst — Fri, 01 May 2009 11:51:58 +0000

These are ten of the top research calls with upgrades and downgrades from Wall Street analysts this Friday morning:

Amerisafe (AMSF) Raised to Outperform at Oppenheimer.
Applied Micro Circuits (AMCC) Raised to Outperform at Oppenheimer.
Diamond Foods (DMND) Started as Buy at KeyBanc.
Dolby Labs (DLB) Cut to Neutral at JPMorgan.
Goodrich Petroleum (GDP) Started as Underweight at Thomas Weisel.
Flowers Foods (FLO) Started as Buy at KeyBanc.
QLogic (QLGC) Raised to Outperform at Baird.
Red Hat (RHT) Cut to Neutral at Baird.
Sonus Networks (SONS) Cut to Hold at Jefferies.
Urban Outfitters (URBN) Cut to Neutral at Sun Trust Robinson Humphrey.

JON C. OGG

Posted in Analyst Calls Tagged: AMCC, AMSF, DLB, DMND, FLO, GDP, QLGC, RHT, SONS, URBN

Top Pre-Market Analyst Downgrades (AEP, CLNE, HTZ, IHG, QLGC, SPWR, SYMM, VAR)

247wallst — Mon, 11 Aug 2008 06:09:43 +0000

These are not all of the analyst downgrades or negative calls, but these are some of the calls we are seeing with a possible impact on shares early Monday morning:

American Electric Power (AEP) Cut to Neutral at JPMorgan.
Clean Energy Fuels (CLNE) Cut to Buy from Strong buy at Broadpoint.
Hertz Global (HTZ) Cut to Neutral at JPMorgan.
Intercontinental Hotels Group (IHG) Cut to Neutral at UBS.
QLogic (QLGC) Cut to Hold at Citigroup.
SunPower (SPWR) Cut to Neutral at UBS.
Symmetricom (SYMM) Cut to Market Perform at Morgan Keegan.
Varian Medical (VAR) Cut to Hold at Citigroup.

Jon C. Ogg
August 11, 2008

QLogic Shows Some Still Win In Tech (QLGC)

247wallst — Wed, 09 Jul 2008 08:14:22 +0000

QLogic Corp. (NASDAQ: QLGC) is seeing a surge of interest this morning after the company raised its guidance.

On a non-GAAP basis, QLogic expects $0.30 to $0.31 EPS, compared to the previously forecast range of $0.26 to $0.28. The company now sees revenues in the range of $166 million to $168 million for the first quarter (Q1-2009). The company’s prior guidance was $154 million to $158 million. First Call has estimates at $0.27 EPS on $156.4 million in revenues.

The company identified stronger sequential growth of approximately 9% for Host Products and approximately 8% for Network Products.

Shares of QLogic are up almost 14% at $15.90 on over 270,000 shares in pre-market trading. The 52-week trading range is $11.46 to $17.97.

Jon C. Ogg
July 9, 2008