Posts for Ticker ‘RJF’

Top Pre-Market Analyst Downgrades (AHII, NILE, FOSL, HNT, HSNI, IPCS, LPX, MCHP, PALM, PPCO, RJF, PCU)

Down_arrow_redThese are some of the top pre-market analyst downgrades we are seeing this Wednesday morning with more than two hours until the market opens:

  • Animal Health (AHII) Cut to Neutral at Piper Jaffray.
  • Blue Nile (NILE) Cut to Underweight at JPMorgan.
  • Fossil (FOSL) Cut to Underweight at JPMorgan.
  • Health Net (HNT) Cut to Hold at Deutsche Bank.
  • HSN (HSNI) Started as Underweight at JPMorgan.
  • IPCS (IPCS) Cut to Hold at Jefferies.
  • Louisiana-Pacific (LPX) Cut to Neutral at Banc of America.
  • Microchip Technology (MCHP) Cut to Sell at Goldman Sachs.
  • Palm (PALM) Cut to Market Perform at Morgan Keegan.
  • Penwest Pharmaceuticals (PPCO) Cut to Neutral at Baird.
  • Raymond James Financial (RJF) Cut to Underperform at Wachovia.
  • Southern Copper (PCU) Cut to Sell at Deutsche Bank.

Jon C. Ogg
November 5, 2008

Posted on: November 5, 2008 – 7:40 am in Analyst Calls, , , , , , , , , , , ,

Top Pre-Market Upgrades & Downgrades (AB, ABFS, CNY, DKX, BEN, KMT, ODFL, OTTR, PZN, RJF, JOE, TROW, YRCW)

These are not all of the research calls affecting shares of stock, but these are some we have our eyes on this Monday:

  • Alliance Bernstein (AB) Raised to Outperform at KBW.
  • Arkansas Best (ABFS) Cut to Underweight at JPMorgan.
  • Con-Way (CNY) Cut to Neutral at JPMorgan.
  • Dick’s Sporting Goods (DKS) Started as Overweight at Lehman.
  • Franklin Resources (BEN) Cut to Market Perform at KBW.
  • Kennametal (KMT) Cut to Sell at Goldman Sachs.
  • Old Dominion Freight Line (ODFL) Cut to Neutral at JPMorgan.
  • Otter Tail (OTTR) Raised to Outperform at Baird.
  • Pzena (PZN) Cut to Underperform at KBW.
  • Raymond James Financial (RJF) Cut to Market Perform at KBW.
  • St. Joe (JOE) Cut to Market Perform at KBW.
  • T. Rowe Price (TROW) Cut to Underperform at KBW.
  • YRC Worldwide (YRCW) Cut to Underweight at JPMorgan.

Jon C. Ogg
September 22, 2008

Posted on: September 22, 2008 – 6:27 am in Analyst Calls, , , , , , , , , , , , ,

TDAmeritrade (AMTD), Oppenheimer (OPY), And Raymond James (RJF) Try To Dodge Auction-Rate Buy-Backs

R218533_855025Several of the modest-sized investment houses say they should not have to buy back auction-rate securities which they sold to their customers.

The dog ate their homework.

Read More »

Posted on: August 19, 2008 – 4:49 am in Financial Stocks, , , ,

Top 10 Pre-Market Analyst Calls (BJ, CPWR, FITB, GM, JCI, RJF, SJM, SUPG, UAUA)

These are not anywhere near all of the research upgrades & downgrades we are seeing, but here are ten of the impacting calls we have seen so far in early trading today:

  • BJ’s Wholesale Club (NYSE: BJ) Raised to Overweight from Neutral at JPMorgan.
  • Compuware (NASDAQ: CPWR) Raised to Overweight from Neutral at JPMorgan.
  • Fifth Third Bancorp (NASDAQ: FITB) Raised to Outperform from Neutral at R.W.Baird.
  • General Motors Corp. (NYSE: GM) downgraded to Underperform at Merrill Lynch.
  • Johnson Controls (NYSE: JCI) Cut to Underperform at Goldman Sachs.
  • Raymond James Financial (NYSE: RJF) Raised to Outperform at KBW.
  • Smuckers (NYSE: SJM) Raised to Buy from Hold at Deutsche Bank.
  • SuperGen (NASDAQ: SUPG) Raised to Market Outperform at Rodman & Renshaw.
  • UAL (NASDAQ: UAUA) Cut to Neutral from Buy and removed from CONVICTION BUY LIST at Goldman Sachs.
  • VeraSun Energy (NYSE: VSE) Raised to Outperform at Oppenheimer.

Jon C. Ogg
July 2, 2008

Posted on: July 2, 2008 – 7:06 am in Analyst Calls, , , , , , , , ,

The 52-Week Low Club (COT)(WMT)(USU)(RJF)(TRSA)(HWAY)

Cott (COT) loses shelf-space at Wal-Mart (WMT). Falls to $2.42 from 52-week high of $17.33.

USEC (USU) drops on high costs and plant closings. Sells off to $6.41 from 52-week high of $25.65.

Raymond James Financial (RJF) says market conditions are getting worse. Stock down to $23.65 from 52-week high of $37.60.

Tessera Technologies (TSRA) has patent lawsuit slowed up by ITC. Runs off to $22.15 from 52-week high of $46.43.

Healthways (HWAY) cuts outlook for this years. Shares move down to $28.43 from 52-week high of $71.22.

Douglas A. McIntyre

Posted on: February 26, 2008 – 4:01 pm in HI/LOW, , , , , ,

52-Week Low Club (ALO, AEIS, CAMD, DGII, DLX, EBAY, IPCS, MRCY, MTSC, PRS, RJF, THQI, VRTX)

Yesterday saw many stocks hitting 52-week lows and then a sharp recovery with a low to high swing of more than 500 DJIA points.  Here are some of the stocks that hit 52-week lows today:

  • Alpharma (ALO) fell over 2% to a new 52-week low.
  • Advanced Energy (AEIS) continued its slide after disappointing earnings this week.
  • California Micro Devices Corp. (CAMD) slid 6% and even more intraday two days after earnings.
  • Digi International (DGII) fell over 10% after earnings.
  • Deluxe Corp. (DLX) didn’t look so deluxe today after a near 15% drop in earnings and a "raised guidance" that was more in-line with estimates.
  • eBay (EBAY) earnings guidance (and somewhat from the Meg Whitman departure) along with some late downgrades contributed to eBay’s new 52-week lows.
  • iPCS (IPCS) saw another tumble today.  Guess who is a Sprint reseller and guess which cellular company is under fire and announced store closures and third part closures? This looks like the Boulevard of Broken Dreams.
  • Mercury Computer Systems (MRCY) was one of the biggest percentages losers with a 30+% drop after yesterday’s earnings. This manufacturer of computer and software for embedded systems might want to change their name to Mercy Systems.
  • MTS Systems (MTSC) saw a sharp drop of roughly 15% after its earnings and "reaffirmed guidance" failed to impress.
  • Primus Guaranty Ltd. (PRS) is now down nearly two-thirds from highs, although it appears that it isn’t closing on 52-week lows even after an almost 10% drop.  Guess who sells credit swaps for their living?
  • Raymond James (RJF) saw close to a 10% drop after yesterday’s numbers.
  • THQ inc. (THQI) showed not all game makers are equal after it has write-offs from title discontinuations with almost a 30% price drop today.
  • Vertex Pharma (VRTX) spent much of the day at 52-week lows although it clawed back above the $19.13 low at the end of the trading session.  This was at a 2-year low yesterday on a hepatitis-C trial timing issue.  Citigroup downgraded it today.

Jon C. Ogg
January 24, 2008

Posted on: January 24, 2008 – 4:01 pm in HI/LOW, , , , , , , , , , , , ,

Pre-Market Analyst Calls (July 6, 2007)

BP raised to Buy at Deutsche Bank.
BRG raised target at Deutsche Bank.
CACH started as Neutral at JP Morgan.
DCEL cut to Hold at Jefferies.
HLT downgraded at Jefferies, Citigroup, and at Susquehanna.
MSFT cut estimates at D.A. Davidson.
OSG raised to Overweight at JP Morgan.
PPDI reiterated outperform at Baird.
RJF raised to Outperform at Wachovia.
RDS.A raised to Buy at Deutsche Bank.
UDRL raised to Peer Perform at Bear Stearns.

Jon C. Ogg
July 6, 2007

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

Posted on: July 6, 2007 – 6:50 am in Analyst Calls, , , , , , , , , , ,

Shorting the Brokerage Stocks (MS, GS, BSC, AGE, JEF, RJF, MER, LEH, IAI)

Stock Tickers: MS, GS, BSC, AGE, JEF, RJF, MER, LEH, IAI

The short interest for MAY 2007 looks a bit mixed in the brokerage firm stocks from April to May, although on a net basis you can see that there was all in all a fairly large rise the short interest of the brokerage firm stocks.  The iShares US BrokerDealers (IAI) saw a short interest rise of 18% from 1.539 million in April to 1.821 million shares in May.  Merrill Lynch and Lehman Bros were the only two major brokerage firms that saw a drop in their short interest from April to May.  Here is the rest of the May short interest versus April:

STOCK (Ticker)                MAY07    APR07    Change
Morgan Stanley (MS)       10.21M    8.86M    29.9%
Goldman Sachs (GS)      8.53M    7.09M     20.7%
Bear Stearns (BSC)         6.28M    5.97M     5.2%
A.G.Edwards (AGE)         2.93M    2.84M      1.9%
Jefferies (JEF)                  6.78M    6.44M      5.2%
Raymond James (RJF)  2.95M    2.55M    15.6%

lower short interest…..

Merrill Lynch (MER)         14.41M    14.97M    -3.75%
Lehman (LEH)                 10.67M    11.08M    -3.73%

Jon C. Ogg
May 22, 2007

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

Posted on: May 22, 2007 – 10:53 am in Brokerage Firms, Financial Stocks, Short Interest, , , , , , , , ,