Posts for Ticker ‘TLAB’

Top 10 Analyst Upgrades, Downgrades, Initiations (ACN, AAI, CFN, FSLR, FNM, FRE, GERN, MRVL, LUV, TLAB)

These are ten of the top analyst upgrades, downgrades, and initiations seen early this Monday morning from Wall Street research notes:

Accenture (NYSE: ACN) Cut to Neutral at UBS.
Air Tran Holdings (NYSE: AAI) Raised to Overweight at JPMorgan.
CareFusion (NYSE:CFN) Started as Market Perform at Leerink Swann; Started as Neutral at JPMorgan.
First Solar (NASDAQ: FSLR) Cut To Neutral at Macquarie.
Fannie Mae (NYSE: FNM)  Cut to Underperform at KBW.
Freddie Mac (NYSE: FRE) Cut to Underperform at KBW.
Geron Corporation (NASDAQ: GERN) Raised to Buy at Merriman Curhan Ford.
Marvell Tech (NASDAQ: MRVL) Started as Buy at Citigroup.
Southwest Airlines (NYSE: LUV) Cut to Underweight at JPMorgan.
Tellabs (NASDAQ: TLAB) Cut to Neutral at UBS.

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Jon C. Ogg
October 19, 2009

Posted on: October 19, 2009 – 7:58 am in Analyst Calls, , , , , , , , , ,

Top Analyst Downgrades (ALU, CTAS, CCL, CMC, CTV, JNPR, PRU, STI, TLAB)

These are the early analyst downgrades and cautious research calls seen from Wall Street firms this Wednesday morning:

Alcatel-Lucent (ALU) downgraded to Neutral at RW Baird.
Cintas (CTAS) downgraded to Underperform at RW Baird.
Carnival (CCL) downgraded to Neutral at Credit Suisse.
Commercial Metals (CMC) downgraded to Neutral at UBS.
CommScope (CTV) downgraded to Neutral at RW Baird.
Juniper (JNPR) downgraded to Neutral at RW Baird.
Prudential (PRU) downgraded to Equal Weight at Morgan Stanley.
SunTrust (STI) Started as Underperform at Wells Fargo
Tellabs (TLAB) downgraded to Neutral at RW Baird.

JON C. OGG

Posted on: September 23, 2009 – 7:56 am in Analyst Calls, , , , , , , , ,

Key Tech Majors Hit New 52-Week Highs (AAPL, BIDU, CIEN, CTXS, EBAY, GOOG, JNPR, TLAB, WDC)

Money Stack ImageBurning Money PicWhile the markets have started to sell off by what feels almost as ’sharply,’ we have noticed late morning that a huge number 0f major technology stocks have hit 52-week highs on an intra-day basis.  Traders used this is a chance to lock in gains.  We have some added color on each below to see where these are coming from and where they were in the past.  In fact, most of these are back to or above pre-Lehman levels…

Apple Inc. (NASDAQ: AAPL) is still positive and shares hit a new high of $186.79 today.  This is the highest level since June-2008 and is still under the highs of January 2008 and December-2007 when Apple was north of $200.00.

Baidu, Inc. (NASDAQ: BIDU) is now down on the day and under $400.00 but the stock hit an intra-day high of $408.00.

Ciena Corp. (NASDAQ: CIEN) hit a new high of $16.63 and is now challenging levels not seen since August and September of last year.

Citrix Systems, Inc. (NASDAQ: CTXS) must be doing well with its Xen virtualization, GoToMeeting and GoToMyPC.  Its shares are still up and it hit a new high of $37.95… highs not seen since February-2008.

eBay Inc. (NASDAQ: EBAY) seems to be carefree over the Skype suit.  This hit a new high of $24.62 today, but keep in mind that this was a $40.00 stock two years ago.

Google Inc. (NASDAQ: GOOG) almost took out $500… The search leader stock is still in positive territory but it was up almost 2% this morning and hit $497.37… Two years ago this was north of $700.00 and we were all goo-goo eyed over whether $900 or $1,000.00 was a reality.

Juniper Networks, Inc. (NASDAQ: JNPR) hit $27.53 this morning and was up close to 2% at the time.  That is up over 100% from year-lows and still well under the $30’s highs of two years ago.

Tellabs Inc. (NASDAQ: TLAB) is back under $7.00 now, but this one hit a high of $7.15 this morning.  Two years ago, this was a $10.00-plus stock.

Western Digital Corp. (NYSE: WDC) is magically back up to $37.00, up a whopping 300% from the death-blow lows over the last year.  This is now within striking distance of its early-2008 highs of $40.00 for one day in June-2008.

Traders are taking advantage of these highs now based on the notion that the future is still not going to be as robust the past and the expectations of growth in the past.  Some of us might even say, they are finally taking advantage of the opportunity to lighten up after monumental gains.

JON C. OGG

Posted on: September 17, 2009 – 1:51 pm in HI/LOW, Technology Companies, Trading Alert, , , , , , , , ,

Top Analyst Upgrades and Downgrades (CCE, DRI, JASO, MOS, NOK, PALM, PAAS, POT, SOL, TLAB)

These are the top 10 pre-market analyst upgrades, downgrades, and initiations we have seen early this Thursday morning from Wall Street:

Coca-Cola Enterprises (CCE) Raised to Buy at UBS.
DR Horton (DRI) Cut to Sell at Citigroup.
JA Solar (JASO) Cut to Equal Weight at Barclays.
Mosaic (MOS) Started as Overweight at Thomas Weisel.
Nokia (NOK) Cut to Neutral at Goldman Sachs.
Palm (PALM) Cut to Sell at Morgan Joseph.
Pan-American Silver (PAAS) Raised to Buy at UBS.
Potash Corp. (POT) Started as Overweight at Thomas Weisel.
ReneSola (SOL) Raised to Outperform at Credit Suisse; but cut to Underweight at Piper Jaffray.
Tellabs (TLAB) Raised to Outperform at Morgan Keegan.

JON C. OGG
AUGUST 13, 2009

Posted on: August 13, 2009 – 7:46 am in Analyst Calls, , , , , , , , , ,

Top Analyst Upgrades (CBS, LH, LXK, MS, ODP, PII, DGX, TLAB, WINN)

These are the few top pre-market analyst upgrades and positive research notes from Wall Street firms early this Friday morning with about two hours until the market opens:

CBS (CBS) Raised to Buy at UBS.
Laboratory Corp. (LH) Started as Outperform at RBC.
Lexmark (LXK) Raised to EqualWeight at Barclays.
Morgan Stanley (MS) Raised to Outperform at KBW.
Office Depot (ODP) raised to Overweight at JPMorgan.
Polaris (PII) Raised to Outperform at Baird.
Quest Diagnostics (DGX) Started as Outperform at RBC.
Tellabs (TLAB) Started as Buy at Auriga.
Winn-Dixie (WINN) Raised to Outperform at FBR.

JON C. OGG

Posted on: May 29, 2009 – 6:35 am in Analyst Calls, , , , , , , , ,

Top Pre-Market Analyst Upgrades (MO, BBY, CFL, CEPH, GILD, LMT, TNDM, NOC, TLAB, MTN)

Money_stack_pic_2These are the top pre-market upgrades and positive analyst calls we have seen from Wall Street this Monday morning:

  • Altria (NYSE: MO) Raised to Overweight at JPMorgan.
  • Best Buy (NYSE: BBY) Raised to Buy at Piper Jaffray.
  • Brink’s Home Security (NYSE: CFL) Started as Outperform at Oppenheimer.
  • Cephalon (NASDAQ: CEPH) Started as Buy at Goldman Sachs.
  • Gilead (NASDAQ: GILD) Started as Buy at Merriman Curhan Ford.
  • Lockheed Martin (NYSE: LMT) Started as Buy at Societe Generale.
  • Neutral Tandem (NASDAQ: TNDM) Raised to Outperform at Baird.
  • Northrup Grumman (NYSE: NOC) Started as Buy at Societe Generale.
  • Tellabs (NASDAQ: TLAB) Raised to Overweight at Barclays.
  • Vail Resorts (NYSE: MTN) Raised to Outperform at Wachovia.

Jon C. Ogg
December 15, 2008

Posted on: December 15, 2008 – 7:52 am in Analyst Calls, , , , , , , , , ,

Top Pre-Market Analyst Upgrades (ABC, BRCM, COH, DNA, IILG, LXK, NUAN, STLD, TLAB)

These are some of the top pre-market upgrades from Wall Street analysts this Wednesday morning:

  • AmerisourceBergen (ABC) Started as Buy at Jefferies.
  • Broadcom (BRCM) Raised to Outperform at Baird.
  • Coach (COH) Raised to Buy at Lazard.
  • Genentech (DNA) Raised to Buy at Jefferies.
  • Interval Leisure Group (IILG) Started as Outperform at FBR.
  • Lexmark (LXK) Raised to Buy at Citigroup.
  • Nuance (NUAN) Raised to Buy at Goldman Sachs.
  • Steel Dynamics (STLD) Raised to Buy at Goldman Sachs.
  • Tellabs (TLAB) Raised to Hold at Jefferies.

Jon C. Ogg
October 22, 2008

Posted on: October 22, 2008 – 7:02 am in Analyst Calls, , , , , , , , ,

Top Pre-Market Analyst Upgrades (ACV, CMM, NCC, NT, RHD, TLAB, TRA, XLNX)

These are some of the top analyst upgrades we have seen this Monday morning with about two hours to the open:

  • Alberto-Culver (ACV) Started as Buy at Goldman Sachs.
  • China Mass Media (CMM) Started as Outperform at Oppenheimer.
  • National City (NCC) Raised To Outperform at Oppenheimer.
  • Nortel Networks (NT) Raised to Buy at UBS.
  • R.H. Donnelley (RHD) Raised to Hold at Deutsche Bank.
  • Tellabs (TLAB) Raised to Outperform at Baird.
  • Terra Industries (TRA) Raised to Neutral at Goldman Sachs.
  • Xilinx (XLNX) Raised to Buy at Piper Jaffray.

Jon C. Ogg
September 29, 2008

Posted on: September 29, 2008 – 6:52 am in Analyst Calls, , , , , , , ,

Top 10 Pre-Market Analyst Calls (AIV, BBBY, DVA, LEH, MCD, OPLK, PERY, HOT, TLAB, WLP)

These are the top analyst calls we are looking at this Friday morning:

  • Apartment Investment (NYSE: AIV) Cut To Neutral From Buy at UBS.
  • Bed Bath & Beyond (NASDAQ: BBBY) Cut To Underweight from Neutral at JPMorgan.
  • Davita (NYSE: DVA) Raised To Buy From Neutral at UBS.
  • Lehman Brothers (NYSE: LEH) Raised To Buy From Hold at Citigroup.
  • McDonald’s (NYSE: MCD) Started At Overweight at Morgan Stanley.
  • Oplink Communications (NASDAQ: OPLK) Cut To Sell From Neutral at Piper Jaffray.
  • Perry Ellis (NASDAQ: PERY) Started At Buy at SunTrust.
  • Starwood Hotels (NYSE: HOT) Cut To Market Perform from Outperform at Wachovia.
  • Tellabs (NASDAQ: TLAB) Cut To Neutral From Buy at UBS.
  • WellPoint (NYSE: WLP) Cut To Equal-weight From Overweight at Lehman.

Jon C. Ogg
March 28, 2008

Posted on: March 28, 2008 – 6:54 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (ADCT, ADSK, BSX, EL, FFIV, PCZ, TLAB, GTS, VRTX)

These are not at all the only analyst calls that 247WallSt.com is looking at today in an active negative market, but these are 10 of the more influential calls that may stand out in an otherwise cautious or negative market:

  • ADC Telecom (NASDAQ: ADCT) raised to Outperform at Morgan Keegan.
  • Autodesk (NASDAQ: ADSK) cut to Hold from Buy at Jefferies.
  • Boston Scientific (NYSE: BSX) raised to BUY from Neutral at Banc of America.
  • Estee Lauder (NYSE: EL) raised to Neutral from Sell at UBS.
  • F5 Networks (NASDAQ: FFIV) cut to Hold from Buy at Jefferies.
  • Intel Corp. (NASDAQ: INTC) upgraded to Equal Weight from Underweight at Morgan Stanley; estimates lowered at Goldman Sachs (and likely many more).
  • Petro Canada (NYSE: PCZ) downgraded to Neutral from outperform at Credit Suisse.
  • Tellabs (NASDAQ: TLAB) raised to Buy from Neutral at UBS (large call option buying recently).
  • Triple S management (NYSE: GTS) started after quiet period: Outperform at Credit Suisse, Outperform at Oppenheimer, and Neutral at UBS.
  • Vertex (NASDAQ: VRTX) raised to Buy from Neutral at Banc of America.

Jon C. Ogg
January 16, 2008

Posted on: January 16, 2008 – 8:07 am in Analyst Calls, , , , , , , , ,

The 52-Week Low Club: Tellabs (TLAB) And More

Tellabs (TLAB) Q3 earnings warning. Drops to $8.95 from 52-week high of $13.67.

Quepasa (QPSA) CEO gets new comp package? Drops to $2.75.

Nutrition 21 (NXXI) Still moving down after announcement of poor quarter. Falls to $.78 from 52-week high of $2.63.

TranSwitch (TXCC) Dropping after weak guidance earlier in the week. Dow to $.98 from 52-week high of $2.07.

Douglas A. McIntyre

Posted on: October 5, 2007 – 4:54 pm in HI/LOW, , , ,

Will Nortel Buy Tellabs? Hopefully Not

Lightreading is reporting that telecom equipment company Nortel (NT) may be close to buying Tellabs (TLAB). NT may have already made an offer of $14 to $15. According to Lightreading, "Tellabs is seen as a solid technical fit for Nortel, according to sources close to both companies,"

While it may appear like a good fit, the price would be too hight. TLAB has a market cap of $4.5 billion. The price NT would pay probably moves that up to $6 billion. And, that is to buy a company which did $534 million last quarter with an operating profit of $28 million. So, the price would be almost three times annual revenue.

Nortel trades at about 70% of its annual revenue base of $11.5 billion.

Tellabs would get almost 45% of the company for bringing in 20% of the revenue.

Douglas A. McIntyre

Posted on: August 30, 2007 – 6:57 am in Mergers and Buy Outs, ,