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The 52-Week Low Club (MTG)(PLL)(ROCK)

247wallst — Thu, 12 Mar 2009 20:10:53 +0000

MGIC (MTG) Fitch puts company on negative watch list. Plunges to $.70 from 52-week high of $14.99.

Pall Corporation (PLL) Profit falls 19%. Drops to $18.20 from 52-week high of $43.19.

Gibraltar (ROCK) Goldman Sachs says company could breach loan covenants. Sells off to $3.59 from 52-week high of $24.63.

Douglas A. McIntyre

Posted in HI/LOW Tagged: MTG, PLL, ROCK

Top Pre-Market Analyst Upgrades & Downgrades (COF, CELG, ROCK, MOD, SNN, AFL, AMX, SPSS, VQ, WMS)

247wallst — Wed, 18 Feb 2009 12:31:23 +0000

These are ten of the top pre-market analyst calls for upgrades and downgrades we have seen from Wall Street this Wednesday morning with more than two hours until the market opens:

Capital One (COF) Raised to Market Perform at FBR.
Celgene (CELG) Started as Outperform at Oppenheimer.
Gibralter Industries (ROCK) Raised to Neutral at Baird.
Modine Manufacturing Co. (MOD) Raised to Neutral at Baird.
Smith & Nephew (SNN) Raised to Buy at Citigroup.
AFLAC (AFL) Cut to Market Perform at FBR.
America Movil SA (AMX) Cut to Neutral at JPMorgan.
SPSS (SPSS) Cut to Neutral at Baird.
Venoco, Inc. (VQ) Cut to Underweight at JPMorgan.
WMS Industries Inc. (WMS) Cut to Neutral at JPMorgan.

JON C. OGG

Posted in Analyst Calls Tagged: AFL, AMX, CELG, COF, MOD, ROCK, SNN, SPSS, VQ, WMS

Top 10 Pre-Market Analyst Upgrades & Downgrades (ACTI, BCE, KSU, MYL, TEVA, AXP, AAPL, ROCK, SNV, TKC)

247wallst — Wed, 17 Dec 2008 08:37:09 +0000

It is getting rather thin in analyst coverage, but these are the top ten analyst upgrades and downgrades we have seen this Wednesday morning:

ActivIdentity (NASDAQ: ACTI) Started as Buy at Stanford Group.
BCE (NYSE:BCE) Raised to Buy at UBS.
Kansas City Southern (NYSE:KSU) Raised to Buy at UBS.
Mylan (NYSE:MYL) Started as Overweight at JPMorgan.
Teva (NASDAQ: TEVA) Started as Overweight at JPMorgan.
American Express (NYSE:AXP) Started as Reduce at SunTrust Robinson Humphrey.
Apple (NASDAQ: AAPL) Cut to Perform at Oppenheimer.
Gibralter (NASDAQ: ROCK) Cut to Sell at Piper Jaffray.
Synovus Financial (NYSE:SNV) Cut to Neutral at JPMorgan.
Turkcell (NYSE:TKC) Cut to Neutral at JPMorgan.

Jon C. Ogg
December 17, 2008

Posted in Analyst Calls Tagged: AAPL, ACTI, AXP, BCE, KSU, MYL, ROCK, SNV, TEVA, TKC

Top Pre-Market Analyst Downgrades (ACN, ARO, ASCA, CTSH, ROCK, INFY, ISLE, MSCC, STN, TRIN)

247wallst — Fri, 19 Sep 2008 06:41:36 +0000

These are some of the downgrades and negative analyst calls we have seen affecting shares this Friday morning:

Accenture (ACN) Cut to Market Perform at Wachovia.
Aeropostale (ARO) Cut to Neutral at Goldman Sachs.
Ameristar Casinos (ASCA) Started as Sell at Goldman Sachs.
Cognizant Tech Solutions (CTSH) Cut to Market Perform at Wachovia.
Gibraltar Industries (ROCK) Cut to Neutral at Baird.
Infosys (INFY) Cut to Market Perform at Wachovia.
Isle of Capri (ISLE) Started as Sell at Goldman Sachs.
Microsemi (MSCC) Cut to Market Perform at Wachovia.
Stantec (STN) Cut to Outperform at Raymond James.
Thomson-Reuters (TRIN) Cut To Sell at Deutsche Bank.

Jon C. Ogg
September 19, 2008

Posted in Analyst Calls Tagged: ACN, ARO, ASCA, CTSH, INFY, ISLE, MSCC, ROCK, STN, TRIN

Top Analyst Downgrades (CXR, ETM, ROCK, LUX, MAN, NVLS, VSE, ZUMZ)

247wallst — Thu, 10 Jul 2008 07:03:33 +0000

These are some of the top DOWNGRADES we are seeing from Wall Street analysts this Thursday morning:
Cox Radio (NYSE: CXR) Cut to Sell from Hold at Citigroup.
Entercom (NYSE: ETM) Cut to Sell at Citigroup.
Gibraltar Industries (NASDAQ: ROCK) Cut To Sell From Neutral at Goldman Sachs.
Luxottica (NYSE: LUX) Cut to Hold at Deutsche Bank.
Manpower (NYSE: MAN) Cut to Neutral at Banc of America.
Novellus (NASDAQ: NVLS) Started as Sell at Banc of America.
VeraSun Energy (NYSE: VSE) Cut to Sell at Piper Jaffray.
Zumiez (NYSE: ZUMZ) Cut to Market Perform at William Blair.
Jon C. Ogg
July 10, 2008

Goldman Sachs & Massive Steel Prices (X, NUE, ATI, STLD, SCHN, GNA, WOR, AKS, ROCK, RS, CMC)

247wallst — Thu, 20 Mar 2008 07:29:05 +0000

Goldman Sachs is out with a call raising its steel company earnings targets after above expectation steel prices and tighter supplies that represent a physical steel shortage. It sees some US steel prices rising from $700 recent targets up to a new $850 target per short ton. It also sees 2009 prices above 2008 prices and sees wider spreads with raw steel compared to scrap costs.

There was one lowered target on Olympic Steel, Inc. (NASDAQ: ZEUS). Goldman Sachs is raising ZEUS earnings estimates for this year and next, but it is downgrading the stock from Buy to Neutral because its shares are up more than 50% since being added as Buy in November. It is raising the rating on U.S. Steel (NYSE: X) from neutral to Buy and it has raised targets as well, and it raised 2008 EPS from $11.10 to $14.80 and 2008 from $12.75 to $16.75.

Other estimates are raised in the sector: Allegheny Tech (NYSE: ATI) was maintained as Buy and saw a slight boost to earnings targets. Gerdau AmeriSteel (NYSE: GNA), Gibralter Ind. (NASDAQ: ROCK), Reliance Steel (NYSE: RS), Steel Dynamics (NASDAQ: STLD), AK Steel (NYSE: AKS), and Commercial Metals (NYSE: CMC) are all neutral rated but saw estimates raised considerably considering the neutral ratings.

The firm is also positive on Nucor Corp. (NYSE: NUE), which it maintains a Buy rating on and raised estimates sharply on for this year and next.

Goldman Sachs has sell ratings on Worthington (NYSE: WOR) and Schnitzer Steel (NASDAQ: SCHN), although the firm even raised earnings estimates on those two names.

Jon C. Ogg
March 20, 2008