Posts for Ticker ‘SVVS’

Top 10 Analyst Upgrades, Downgrades, Initiations (BRCD, DRWI, EMC, JDSU, MSFT, NRG, NTAP, SVVS)

These are this mornings top 10 analyst upgrades, downgrades, and initiations seen from Wall Street research calls.  In fact, because today is a short day or partial off for most, there are not even a full ten impact calls:

Brocade Communications Systems (NASDAQ: BRCD) Cut to Hold at Canaccord Adams.
DragonWave (NASDAQ: DRWI) Started as Overweight at Piper Jaffray.
EMC Corp. (NYSE: EMC) Started as Buy at UBS.
JDS Uniphase (NASDAQ: JDSU) Started as Buy at Citigroup.
Microsoft (NASDAQ: MSFT) Reiterated Buy and $33.50 target at Auriga (on CFO departure).
NRG Energy (NYSE: NRG) Cut to Neutral at UBS.
NetApp, Inc. (NASDAQ: NTAP) Started as Buy at UBS.
SAVVIS Inc. (NASDAQ: SVVS) Started as Market Perform at Wells Fargo.

You can join our open email distribution list to receive daily emails with analyst upgrades and downgrades, top day trader alerts, market rumors, merger activity, IPOs and secondary offerings, Warren Buffett and guru activity and more.

JON C. OGG

Top Analyst Upgrades (ACOR, CCE, CREE, CVS, ICE, SVVS)

These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Wednesday morning:

Acorda Therapeutics (ACOR) Raised to Overweight at Piper Jaffray.
Coca-Cola Entertainment (CCE) Raised to Buy at Argus.
Cree (CREE) Raised to Buy at Merriman Curhan Ford.
CVS Caremark (CVS) Raised to Outperform at William Blair.
IntercontinentalExchange (ICE) Raised to Market Perform at KBW.
Savvis (SVVS) Raised to Overweight at Morgan Stanley.

JON C. OGG
AUGUST 5, 2009

Early Bird Analyst Downgrades (BBT, CB, TRAK, FFIV, HTZ, JNPR, NYB, NYX, SVVS, PCU)

These are some of the analyst downgrades and negative calls coming from Wall Street this Wednesday morning:

  • BB&T (BBT) Cut to Underperform at FBR.
  • Chubb (CB) Cut to Underweight at JPMorgan.
  • DealerTrack (TRAK) Cut To Hold at Deutsche Bank.
  • F5 Networks (FFIV) Cut to Underperform at Merrill Lynch.
  • Hertz (HTZ) Cut to Neutral at Goldman Sachs.
  • Juniper Networks (JNPR) Cut to Underperform at Merrill Lynch.
  • New York Community Bancorp (NYB) Cut to Underperform at FBR.
  • NYSE Euronext (NYX) Cut to Neutral at Goldman Sachs.
  • SAVVIS (SVVS) Cut to Hold at Jefferies.
  • Southern Copper (PCU) Cut to Underperform at Merrill Lynch.

Jon C. Ogg
September 24, 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

52-Week Lows, Massive List (ALU, BGP, CELL, BBW, CVO, DENN, GCI, INFY, INTU, KLAC, NT, NWA, NXTM, PDLI, PFE, Q, SVVS, SNE, BID, TWX)

This was a massive list of lows today.  Not all closed on lows, but the list was chopped down greatly just to accommodate the size of it.  If you look at the list, there are no brokerage firms listed nor anymajor banks.  The major banks weren’t hitting the list but mostbrokerage firms were.  You can thank a firm called Bare Spurns for that. Here goes the eulogy:

  • Advance America (NYSE: AEA).. down over 10%, no real news released; financial exposure, although they are probably getting more and more pay day loans now. $6.08 at 3:30, old low $6.08.
  • Alcatel-Lucent (NYSE: ALU)… down almost 5% at $5.29, although late day got back above that $5.27 year low.
  • Borders Group (NYSE: BGP)… down another 6% ahead of earnings next week. The people that still buy books may be headed to the used book stores in tough times.  Maybe even the library.
  • Brightpoint (NASDSAQ: CELL)… day in and day out this one has been getting hit.
  • Build-a-Bear Workshop (NYSE: BBW)… now it can be even more opportunistic after ending strategic review and adding a larger buyback plan.
  • Cenveo (NYSE: CVO)… down 14% after earnings.
  • Denny’s (NASDAQ: DENN)… under $3.00 now… stock cheaper than the Grand Slam breakfast?  Maybe people can’t afford $3.00 breakfasts.
  • Gannett Co. Inc. (NYSE: GCI)… after earnings people still wary of newspaper operations.
  • General Motors (NYSE: GM)… flirting with 5-year lows.
  • Infosys Tech (NASDAQ: INFY)… This didn’t close under the old $33.80 low of the year, but was there intraday.  Maybe outsourcing is peaking.
  • Intuit (NYSE: INTU)… had no news, that pre-tax season trade getting cheaper and cheaper.
  • KLA-Tencor (NASDAQ: KLAC) hit hard again after downgrade already shaved off almost 10% earlier in wee.  Down 4.4% at $36.40 with 15 minutes to close.
  • Nortel Networks (NYSE: NT) at $6.34 at 3:45… High is $27.71.  What more can you say? It’s always on the list.
  • Northwest Airlines (NYSE: NWA) down over 3.5% at $9.50 with 15 minutes to close. What ever happened to that merger they were supposed to be in?
  • Nxstage Medical (NASDAQ: NXTM)… are kidney dialysis treatments economically sensitive?
  • PDL Biopharma (NASDAQ: PDLI).. so much for that buyout hope, that’s already been called off.  Almost under a $1 Billion market cap.
  • Pfizer (NYSE: PFE)… a true surprise to see this one here again.  Will it bust $20? Shares down 3% at $20.55 with 10 minutes to close.
  • Qwest Communications (NYSE: Q)…. now under $5.00.
  • Savvis Inc. (NASDAQ: SVVS)… down more than 5% to under the old $15.14 low. Doing IT, bandwidth, storage, network infrastructure, not as great when you have huge exposure to financial institutions.
  • Sony Corp. (NYSE: SNE)… just when it was getting its act back together… $41.81 right before close; old 52-week low was $42.10.
  • Sothebys (NYSE: BID)… down more than half from highs.  Wall Street’s "Even the rich are bitching!" must apply to high-end auctioneers too.
  • Time Warner (NYSE: TWX)….. now under $14.00.

Jon C. Ogg
March 14, 2008

The 52-Week Low Club

Smith & Wesson (SWHC) Particularly bad earnings report. Drops to $6.68 from 52-week high of $322.80.

Macrovision (MVSN) Wall St. upset with takeover of Gemstar-TV Guide (GMST). Down to $18.60 from 52-week high of $30.05.

BigBand Networks (BBND) Never recovered from IPO and poor earnings early on. Down to $5.10 from 52-week high of $21.63.

Palm (PALM) Poor guidance. Late release of key product. Off to $5.33 from 52-week high of $19.50.

Savvis (SVVS) Bad Q4 outlook. Down to $23.72 from 52-week high of $53.47.

Douglas A. McIntyre

The 52-Week Low Club

Verifone (PAY) Accounting problems still taking shares down. Falls to $19.57 from 52-week high of $50.

Blockbuster (BBI) Concerns about postal costs. Down to $2.99 from 52-week high of $7.30.

Williams Partners (WPZ) Brings new stock offering to market. Falls to $36.95 from 52-week high of $50.

UTI Worldwide (UTIW) Loses deal with Wal-Mart (WMT). Trades down to $18.40 from 52-week high of $32.

Zumiez (ZUMZ) Poor same-store sales. Falls to $24.95 from 52-week high of $53.99.

Savvis (SVVS) Drops outlook for next quarter. Drops to $27.68 from 52-week high of $53.47

Douglas A. McIntyre