Posts for Ticker ‘STD’

Top Analyst Upgrades (AMD, AXP, ACI, ASH, STD, BRCD, COF, DFS, HIBB, MSCC, RCL, ZMH)

There were quite a few analyst upgrades and positive research calls this Monday morning.  These are the calls we have seen from Wall Street firms early this morning with about two hours until the market opens:

Advanced Micro Devices (AMD) Raised to Buy at Citigroup.
American Express (AXP) Raised to Overweight at Barclays.
Arch Coal (ACI) Raised to Overweight at JPMorgan.
Ashland (ASH) Raised to Buy at KeyBanc.
Banco Santander (STD) Raised to Overweight at JPMorgan.
Brocade (BRCD) Raised to Buy at Argus.
Capital One (COF) Raised to Overweight at Barclays.
Discover Financial (DFS) Raised to Overweight at Barclays.
Hibbett Sports (HIBB) Raised to Overweight at JPMorgan.
Microsemi (MSCC) Raised to Overweight at Thomas Weisel.
Royal Caribbean (RCL) Raised to Buy at Argus.
Zimmer Holdings (ZMH) Raised to Overweight at Thomas Weisel.

If you wish to be reminded of daily upgrades and downgrades as well as other key market issues like mergers and top stories, you can join our open email distribution list to receive updates several times per week.

JON C. OGG

Top Analyst Upgrades (APA, BIDU, BHP, STD, BK, CENT, IVZ, QCOM, SVNT, STT, TXN)

These are the top analyst upgrades and positive research calls from Wall Street we have seen early this Wednesday morning with more than two hours until the market opens:

Apache (APA) Raised to Strong Buy at S&P.
Baidu (BIDU) Target Raised to $350 at Goldman Sachs.
BHP Billiton (BHP) Raised to Outperform at Macquarie.
Banco Santander (STD) Raised to Buy at BofA/Merrill.
Bank of New York Mellon (BK) Started as Buy at SunTrust Robinson Humphrey.
Central Garden (CENT) Raised to Buy at SunTrust Robinson Humphrey.
Invesco (IVZ) Raised to Strong Buy at S&P.
QUALCOMM (QCOM) Raised to Buy at Goldman Sachs.
Savient Pharmaceuticals (SVNT) Raised to Perform at Oppenheimer.
State Street (STT) Started as Buy at SunTrust Robinson Humphrey.
Texas Instruments (TXN) Raised to Buy at BofA/Merrill.

JON C. OGG

Banks Commit $337 Million To Utah Wind Power Project (RBS, STD, KEY, CS, GE)

wind-energy-picAn independent wind energy developer called First Wind announced today that it has obtained $376 million in financing for its wind generation project in Milford, Utah.  This is for a 203.5 MW project called the Milford Wind Corridor Phase I.

The Royal Bank Scotland plc (NYSE: RBS) was lead arranger for this loan.  Other banks which were listed as joint lead arrangers for the financing were Banco Santander (NYSE: STD), KeyCorp.’s (NYSE: KEY) KeyBank, Credit Suisse Group (NYSE: CS), Banco Espirito Santo, BNP Paribas, CoBank, HSH Nordbank, and Société Générale.  General Electric Co. (NYSE: GE) Wind Turbines will be used.
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Top Analyst Upgrades (STD, DVN, ELN, RIMM, TJX, VOD)

These are some of the top pre-market analyst upgrades and positive research calls we have seen early this Friday morning:

Banco Santander (STD) Raised to Outperform at KBW.
Devon Energy (DVN) Raised to Outperform at FBR.
Elan (ELN) Raised to Neutral from Sell at Piper Jaffray.
Research in Motion (RIMM) Raised to Hold at Deutsche Bank; Raised to Outperform at CIBC; estimates and price targets adjusted higher by at least 5 other firms so far this morning.
TJX Cos. (TJX) Started as Outperform at RBC.
Vodafone (VOD) Raised to Outperform at Credit Suisse.

JON C. OGG

Top Analyst Downgrades (APOL, STD, BA, BRKR, CHU, CME, GR, PCP, STX)

These are the top pre-market analyst downgrades or negative calls we have seen from Wall Street this Wednesday morning:

Apollo Group (APOL) Cut to Neutral at Baird.
Banco Santander (STD) Cut to Hold at Deutsche Bank.
Boeing (BA) Cut to Market Perform at Wachovia.
Bruker Corp. (BRKR) Cut to Neutral at UBS.
China Unicom (CHU) Cut to Sell at Citigroup.
CME Group (CME) Cut to Market Perform at Wachovia.
Goodrich (GR) Cut to Market Perform at Wachovia.
Precision Castparts (PCP) Cut to Market Perform at Wachovia.
Seagate Tech (STX) Cut to Sell at Deutsche Bank.

JON C. OGG

Downgrading Hedgies, Private Equity & Financials (BX, FIG, GLG, IVZ, JNS, OZM, STD, TROW)

Burning_money_picThere is an interesting trend where Barclays has essentially cut its rankings on hedge fund and private equity operators. Here are the calls, plus a call elsewhere on a bank:

  • Blackstone (NYSE: BX) Cut to Underweight at Barclays.
  • Fortress Investment (NYSE: FIG) Cut to Equal Weight at Barclays.
  • GLG Partners (NYSE: GLG) Cut to Equal Weight at    Barclays.
  • INVESCO (NYSE: IVZ) Started as Equal Weight at Barclays.
  • Janus Capital (NYSE: JNS) Started as Underweight at Barclays.
  • Och-Ziff Capital (NYSE: OZM) Cut to Equal Weight at Barclays.
  • Banco Santander, S.A. (NYSE: STD) Cut to Sell from Neutral at UBS.
  • T. Rowe Price (NASDAQ: TROW) Started as Equal Weight at Barclays.

Jon C. Ogg
January 14, 2009

Top 10 Early Bird Analyst Upgrades & Downgrades (BBBY, BTI, PAG, VRTX, MT, STD, CRXL, FMCN, MR, OWW)

These are the ten early bird analyst upgrades and downgrades we have seen early this morning with two and a half hours until the market opens:

  • Bed Bath & Beyond Raised (BBBY) Raised to Neutral from Sell at Goldman Sachs.
  • British American Tobacco (BTI) Raised to Buy at Goldman Sachs.
  • Penske Automotive (PAG) Raised to Buy at Goldman Sachs.
  • Vertex Pharmaceuticals (VRTX) Started as Buy at piper Jaffray.
  • Arcelor Mittal (MT) Cut to Sell from Buy at5 Citigroup.
  • Banco Santander (STD) Cut to Underweight at JPMorgan.
  • Crucell (CRXL) Cut to Hold at ING.
  • Focus Media (FMCN) Downgraded at Citigroup and Goldman Sachs (likely others as well).
  • Mindray Medical International (MR) Downgraded at Citigroup and Goldman Sachs.
  • Orbitz Worldwide (OWW) Cut to Sell at Goldman Sachs.

Jon C. Ogg
November 12, 2008

Top Pre-Market Analyst Downgrades (STD, XOM, HOC, ICON, TROW, VLO)

These are some the top pre-market analyst downgrades we have seen with more than two hours until the open this Tuesday morning:

  • Banco Santander (STD) Cut to Sell at UBS.
  • Exxon Mobil (XOM) Cut to Neutral at Credit Suisse.
  • Holly (HOC) Cut to Neutral at Goldman Sachs.
  • Iconix Brand Group (ICON) Cut to Neutral at Piper Jaffray.
  • T. Rowe Price (TROW) Cut to Market Perform at Wachovia.
  • Valero Energy (VLO) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
November 3, 2008

Pre-Market Analyst Calls (October 26, 2007)

ABK cut to Mkt Perform at FBR.
ADVNA cut to Mkt Perform at FBR.
BBY started as Mkt Perform at Wachovia.
BEN cut to Mkt PErform at FBR.
BG cut to Neutral at HSBC.
CC started as Mkt Perform at Wachovia.
CPS cut to Equal Weight at Lehman.
ELX cut to Mkt Perform at FBR.
ETEL cut to Mkt Perform at JMP Securities.
EXBD raised to Buy at Deutsche Bank.
FADV cut to Equal Weight at Lehman.
FVE raised to Buy at Jefferies.
GIS raised to Buy at Deutsche Bank.
HES raised to Buy at B of A.
KND raised to Buy at Jefferies.
LVLT cut to Neutral at JPMorgan.
LTM cut to Mkt Perform at Piper Jaffray.
MBI cut to Mkt Perform at FBR.
NILE raised to Hold at Citigroup.
ORCC cut to Sector Perform at CIBC.
PENN cut to Hold at Jefferies.
POWI cut to Hold at Citigroup.
RRI started as outperform at Wachovia.
SE started as Mkt Perform at Wachovia.
STD raised to Buy at Citigroup.
STLD cut to Neutral at UBS.
TRID too 3 downgrades: Jefferies, Deutsche Bank, and Oppenheimer.
TSM raised to Overweight at HSBC.
USU started as Mkt Perform at Wachovia.
WCG raised to Neutral at Goldman Sachs.

Jon C. Ogg
October 26, 2007