Posts for Ticker ‘SNN’

Top Analyst Downgrades (AU, BP, CBST, GFI, SNN, STJ, TSM)

These are this Wednesday mornings top Wall Street analyst downgrades and cautious research calls we have seen early this morning:

Anglogold (AU) Cut to Neutral at Nomura.
BP plc (BP) Cut to Hold at RBS.
Cubist Pharmaceuticals (CBST) Cut to Neutral at RW Baird.
Gold Fields (GFI) Cut to Neutral at Nomura.
Smith & Nephew (SNN) Cut to Neutral at UBS.
St. Jude Medical (STJ) Cut to Hold at Canaccord.
Taiwan Semiconductor (TSM) Cut to Neutral at UBS.

You can join our open email distribution list which goes out several times per week for reminders of the top day trader alerts, analyst upgrades and downgrades, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Citi Upgrades Smith & Nephew (SNN) to Buy

Citi upgrades Smith & Nephew (NYSE: SNN) from Hold to Buy, saying core business areas have remained relatively immune to economic pressure.

Citi analyst says, “Q4 results provided reassurance that core business areas have remained relatively immune to economic pressure and that steps are already in place to control costs in those divisions more exposed to the economy, namely endoscopy…”

Read more….

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

money-stack-pic2These 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

Top Pre-Market Analyst Upgrades (MDRX, BDX, ED, CRXL, CSX, RTN, SGR, SNN)

Money_stack_picThese are the early bird upgrades and positive analyst calls we have seen from Wall Street this Friday morning:

  • Allscripts-Misys (NASDAQ: MDRX) Raised to Outperform at William Blair.
  • Becton Dickinson (NYSE: BDX) Raised to Overweight at Morgan Stanley.
  • Consolidated Edison (NYSE: ED) Raised to Buy at Citigroup.
  • Crucell (NASDAQ: CRXL) Raised to Buy at RBS.
  • CSX (NYSE: CSX) Raised to Buy at Deutsche Bank.
  • Raytheon (NYSE: RTN) Raised to Buy at Goldman Sachs.
  • Shaw Group (NYSE: SGR) Cut to Hold at Citigroup.
  • Smith & Nephew (NYSE: SNN) Raised to Neutral at JPMorgan.

Jon C. Ogg
January 9, 2009

52-Week Low Club (ARTC, CORL, GEOY, HPGP, HLND, HRC, PDLI, SNN, TTWO)

Burning_money_picThere are plenty of 52-week lows out there for the picking.  These are some of the major lows we saw today which we have seen.  Some are on specific news, and some are just on continued selling.  ArthroCare Corporation (NASDAQ: ARTC), Corel Corp. (NASDAQ: CORL), GeoEye, Inc. (NASDAQ: GEOY), Hiland Holdings GP, LP (NASDAQ: HPGP) and Hiland Partners, LP (NASDAQ: HLND), Hill-Rom Holdings, Inc. (NYSE: HRC), PDL BioPharma Inc. (NASDAQ: PDLI), Smith & Nephew (NYSE: SNN), and Take-Two Interactive (NASDAQ: TTWO) are among today’s burnt stocks. 

Here are some brief explanations on each stock:

Read More »

Top Pre-Market Analyst Upgrades (AKS, BHI, IPI, NAT, PSYS, SGLP, SNN, SYNA, ULTA)

AKS, BHI, IPI, NAT, PSYS, SGLP, SNN, SYNA, ULTA
These are some of the top upgrades or positive analyst calls we are seeing this Wednesday morning in early pre-market hours:

  • AK Steel (AKS) Raised to Overweight at JPMorgan.
  • Baker Hughes (BHI) raised to Buy at UBS.
  • Intrepid Potash (IPI) Started as Outperform at BMO Capital.
  • Nordic American Tanker (NAT) Raised to Overweight at JPMorgan.
  • Psychiatric Solutions (PSYS) Started as Buy at Stanford Group.
  • Semgroup Energy (SGLP) Raised to Market Perform at Wachovia.
  • Smith & Nephew (SNN) Raised to Buy at Piper Jaffray.
  • Synaptics (SYNA) Raised to Outperform at Oppenheimer.
  • Ulta Salon (ULTA) Started as Outperform at Oppenheimer.

Jon C. Ogg
July 23, 2008

Top 10 Pre-Market Analyst Calls (BRL, BE, EDS, HPQ, IRM, MHP, MCO, RSH, SNH, SNN, SOV)

These are not the only analyst calls this morning, but these are some of the impact calls we are seeing this Tuesday morning:

  • Barr Pharma (NYSE: BRL) raised to Outperform from Neutral at Cowen & Co.
  • Bearingpoint (NYSE: BE) Cut to Hold from Buy at Citigroup
  • Electronic Data Systems (NYSE: EDS) Cut to Sell from Hold at Citigroup; cut to Market Perform at FBR.
  • Hewlett-Packard Co. (NYSE: HPQ) was removed from the Goldman Sachs Conviction Buy List, although its BUY rating was maintained.
  • Iron Mountain (NYSE: IRM) Started as Neutral at Credit Suisse.
  • McGraw-Hill (NYSE: MHP) and Moody’s (NYSE: MCO) both started as Buy in new coverage at Jefferies.
  • RadioShack (NYSE: RSH) raised to Market Perform at RBC.
  • Senior Housing Properties (NYSE: SNH) Cut to Market Perform from Outperform at Raymond James.
  • Smith & Nephew (NYSE: SNN) Cut to Underweight from Neutral at JPMorgan.
  • Sovereign Bancorp (NYSE: SOV) Raised to Market Perform at FBR.

Jon C. Ogg
May 13, 2008

Top 10 Pre-Market Analyst Calls (ANPI, BP, CBS, JRCC, WFR, SVVS, SNN, SOHU, KNOT, UA)

These are not the only analyst calls affecting shares today, but these are ten of the calls that we are focusing on this Wednesday morning:

  • Angiotech Pharmaceuticals (NASDAQ: ANPI) raised to Outperform at RBC Capital Markets.
  • BP plc (NYSE: BP) raised to Outperform at Credit Suisse.
  • CBS (NYSE: CBS) downgraded to Market Perform at Wachovia; Raised to Hold at Citigroup.
  • James River Coal (NYSE: JRCC) raised to Buy at UBS.
  • MEMC Electronics (NYSE: WFR) downgraded to Neutral at JPMorgan.
  • SAVVIS (NASDAQ: SVVS) downgraded to Hold at Jefferies and downgraded to Equal-Weight at Lehman.
  • Smith & Nephew (NYSE: SNN) raised to Outperform at Wachovia.
  • Sohu.com (NASDAQ: SOHU) downgraded to Perform at Oppenheimer.
  • The Knot, Inc. (NASDAQ: KNOT) raised to Outperform at Oppenheimer.
  • Under Armour (NYSE: UA) downgraded to Hold at Citigroup.

Jon C. Ogg
April 30, 2008

Pre-Market Stock News (November 27, 2007)

Below is a snapshot of much of the pre-market news moving individual stocks this morning:

  • Activision (ATVI) raised guidance on Guitar Hero III sales; stock up 8% pre-market.
  • Barrier Therapeutics (BTRX) announced positive results of higher dose escalation clinical safety study with pramiconazole.
  • Casual Male (CMRG) indicated lower after missing earnings and guiding lower.
  • CIGNA (CI) is acquiring Great-West Healthcare for $1.5 Billion.
  • Citigroup (C) sold a $7.5 Billion stake to Abu Dhabi Fund.
  • GlobalSantaFe (GSF) has received a subpoena from the SEC seeking documents related to the company’s ongoing internal investigation.
  • Hydrogenics (HYGS) received a $1.7 million order for three fuel cell hybrid MiniBuses for an Expo in Spain.
  • Osiris Therapeutics (OSIR) announced positive one-year data from Chondrogen trial for knee repair in its preparation of adult stem cells formulated for direct injection into the knee.
  • Penford Corp (PENX) announced a 2 Million share common stock offering, although this was under the existing shelf offering.
  • Pharmacopeia (PCOP) and GlaxoSmithKline identified two new additional lead compounds that will trigger milestone payment of $1 million to Pharmacopeia.
  • Qiao Xing (XING) telegraphss medium and long-term business plans and will continue to take steps to ensure growth of 20% to 30% per year for the next 5-years.
  • Sepracor (SEPR) announced the completion of its SEC investigation and no enforcement action was recommended.
  • Smith & Nephew (SNN) announces precautionary knee recall.
  • Staples (SPLS) $0.42 EPS vs $0.40 est.
  • Tech Data (TECD) $0.73 EPS vs $0.60 est. (unsure if comparable) sales guidance for Q4 looks a tad light.
  • Tenet Healthcare (THC) entered into a new national insurance coverage agreement with UnitedHealthcare (UNH).

Jon C. Ogg
November 27, 2007

Jon Ogg produces the 24/7 Wall St. Special Situation Investing Newsletter; he does not own securities in the companies he covers.

Top 10 Pre-Market Analyst Calls (ADSK, BRKS, CVC, LNG, ITG, SNN, TTEK, TSN, YHOO, AUY)

These are not the only analyst calls out there this morning, but these are the top ten that 24/7 Wall St. is looking at this morning.

  • AutoDesk (ADSK) raised to Buy from Neutral at Goldman Sachs with a $52 target.
  • Brooks Automation (BRKS) raised to Outperform at Bear Stearns.
  • Cablevision Systems Corp. (CVC) lowered target from $33 to $31 at Goldman Sachs.
  • Cheniere Energy (LNG) started as Buy at Banc of America.
  • Investment Technology Group (ITG) raised to Outperform at Keefe Bruyette & Woods.
  • Smith & Nephew (SNN) raised to Outperform at Bear Stearns.
  • Tetra Tech (TTEK) started as Underperform at BMO.
  • Tyson Foods (TSN) raised to Buy at Deutsche Bank, after yesterday’s blow-up.
  • Yahoo! (YHOO) raised to Outperform at CIBC.
  • Yamana Gold (AUY) raised to Buy at UBS.

Jon C. Ogg
November 13, 2007

Jon Ogg produces the 24/7 Wall St. Special Situation Investing Newsletter; he does not own securities in the companies he covers.