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Top Analyst Upgrades & Downgrades (BBVA, STD, EP, EE, FNSR, FSLR, GFI, GS, HLIT, HCA, MENT, NFLX, PETM, RYAAY, S, TJX, VCLK)

Administrator — Tue, 26 Jul 2011 12:18:52 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning.

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA) Started as Neutral at Credit Suisse.
Banco Santander S.A. (NYSE: STD) Started as Neutral at Credit Suisse.
El Paso Corporation (NYSE: EP) Reiterated Buy as Bull of the Day at Zacks.
El Paso Electric Co. (NYSE: EE) Cut to Hold at Argus.
Finisar Corporation (NASDAQ: FNSR) Raised to Buy at Citigroup.
First Solar Inc. (NASDAQ: FSLR) Maintained Neutral at Credit Suisse.
Gold Fields Limited (NYSE: GFI) Reiterated Buy as Value at Zacks.
The Goldman Sachs Group Inc. (NYSE: GS) Reiterated Underperform as Bear of the Day at Zacks.
Harmonic Inc. (NASDAQ: HLIT) Cut to Neutral at BofA/ML.
HCA Inc. (NYSE: HCA) Cut to Neutral at Goldman Sachs.
Mentor Graphics Corporation (NASDAQ: MENT) Raised to Buy at BofA/ML.
Netflix Inc. (NASDAQ: NFLX) Reiterated Outperform and raised target to $310 at Credit Suisse; Reiterated Sell at Janney Capital; Maintained as Buy with $300 target at Canaccord Genuity.
PetSmart, Inc. (NASDAQ: PETM) Started as Outperform at RBC.
Ryanair Holdings plc (NASDAQ: RYAAY) Cut to Market Perform at Raymond James.
Sprint Nextel Corporation (NYSE: S) Raised to Outperform at RBC.
The TJX Companies, Inc. (NYSE: TJX) Started as Buy at BofA/ML.
ValueClick, Inc. (NASDAQ: VCLK) Raised to Overweight at Piper Jaffray.

You are invited to join our free daily email distribution list to hear more about analyst upgrades and downgrades, top day trader and active trader alerts, dividend trends, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Filed under: Analyst Calls Tagged: BBVA, EE, EP, FNSR, FSLR, GFI, GS, HCA, HLIT, MENT, NFLX, PETM, RYAAY, S, STD, TJX, VCLK

Top Analyst Upgrades & Downgrades (AMR, BAC, STD, CREE, DELL, EMC, EPB, INTC, NRGY, IRDM, MAS, NTAP, QCOM, RVBD, SEM, TOL, X, VCLK, VECO, WLP, XLNX)

Administrator — Thu, 21 Jul 2011 12:11:30 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning.

AMR Corporation (NYSE: AMR) Cut to Sell at Ticonderoga.
Bank of America Corporation (NYSE: BAC) Removed from U.S. Focus List at Credit Suisse.
Banco Santander (NYSE: STD) Cut to Neutral at JPMorgan.
Cree Inc. (NASDAQ: CREE) Started as Neutral at Credit Suisse.
Dell Inc. (NASDAQ: DELL) Reiterated Buy with $22 target at Argus.
EMC Corporation (NYSE: EMC) Reiterated Buy with $32 target at Argus.
El Paso Pipeline Partners, L.P. (NYSE: EPB) added to U.S. Focus List at Credit Suisse.
Intel Corporation (NASDAQ: INTC) Cut to Reduce at Nomura; Reiterated Buy and raised target to $29 at Gleacher.
Inergy, L.P. (NYSE: NRGY) Cut to Sell at Citigroup.
Iridium Communications Inc. (NASDAQ: IRDM) Started as Outperform at Morgan Keegan.
Masco Corporation (NYSE: MAS) Maintained Underperform as Bear of the Day at Zacks.
NetApp Inc. (NASDAQ: NTAP) Raised to Strong Buy at S&P Equity Research (late Wednesday).
QUALCOMM Incorporated (NASDAQ: QCOM) Reiterated Outperform at CRedit Suisse.
Riverbed Technology, Inc. (NASDAQ: RVBD) Raised to Buy at Wunderlich.
Select Medical Holdings Corporation (NYSE: SEM) Reiterated Buy as Value at Zacks.
Toll Brothers Inc. (NYSE: TOL) Cut to Hold at Citigroup.
United States Steel Corp. (NYSE: X) Raised to Buy at S&P Equity Research (late Wednesday).
ValueClick, Inc. (NASDAQ: VCLK) Cut to Hold at S&P Equity Research (late Wednesday).
Veeco Instruments Inc. (NASDAQ: VECO) Started as Neutral at Credit Suisse.
WellPoint (NYSE: WLP) Raised to Outperform as Bull of the Day at Zacks.
Xilinx Inc. (NASDAQ: XLNX) Reiterated Buy and Raised target to $41 at Gleacher & Co.

JON C. OGG

Filed under: Analyst Calls Tagged: AMR, BAC, CREE, DELL, EMC, EPB, INTC, IRDM, MAS, NRGY, NTAP, QCOM, RVBD, SEM, STD, TOL, VCLK, VECO, WLP, X, XLNX

Top Analyst Upgrades & Downgrades (ABC, BA, CEDC, XOM, FSLR, FWLT, GS, JPM, LVS, LM, PCS, MYL, ODP, OPEN, RBA, SNY, SNDA, SIRI, SRDX, VCLK)

Administrator — Wed, 04 May 2011 12:22:58 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning.

AmerisourceBergen Corp. (NYSE: ABC) Reiterated Buy and raised target to $50 at Argus.
Boeing Co. (NYSE: BA) Reiterated Outperform and raised target to $94 at Credit Suisse.
Central European Distribution Corp. (NASDAQ: CEDC) Raised to Neutral at Credit Suisse; Cut to Neutral at Goldman Sachs.
Exxon Mobil Corporation (NYSE: XOM) Reiterated Strong Buy as Value at Zacks.
First Solar Inc. (NASDAQ: FSLR) Raised to Buy at Auriga.
Foster Wheeler AG (NASDAQ: FWLT) Reiterated Buy at Gabelli.
Goldman Sachs Group Inc. (NYSE: GS) Started as Buy at UBS.
J.P.Morgan Chase & Co. (NYSE: JPM) Started as Buy at UBS.
Las Vegas Sands Corp. (NYSE: LVS) Maintained Outperform at Credit Suisse; Maintained Buy at Gabelli.
Legg Mason Inc. (NYSE: LM) Cut to Market Perform at KBW.
MetroPCS Communications Inc. (NYSE: PCS) Reiterated Buy and Raised target to $22 at Argus.
Mylan, Inc. (NYSE: MYL) Cut to Equal-Weight at Morgan Stanley.
Office Depot, Inc. (NYSE: ODP) Cautious as Bear of the Day at Zacks.
OpenTable, Inc. (NASDAQ: OPEN) Raised to Outperform at Oppenheimer.
Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) Cut to Underperform at BofA/ML.
Sanofi-Aventis (NYSE: SNY) Raised to Buy at BofA/ML.
Shanda Interactive Entertainment Ltd. (NASDAQ: SNDA) Raised to Hold at S&P Equity Research (lathe Tuesday).
SIRIUS XM Radio inc. (NASDAQ: SIRI) Maintained Buy with private market value of $2.85 at Gabelli.
SurModics, Inc. (NASDAQ: SRDX) Raised to Outperform as Bull of the Day at Zacks.
ValueClick, Inc. (NASDAQ: VCLK) Raised to Buy at Jefferies; Raised to Buy at Needham.

JON C. OGG

Filed under: Analyst Calls Tagged: ABC, BA, CEDC, FSLR, FWLT, GS, JPM, LM, LVS, MYL, ODP, OPEN, PCS, RBA, SIRI, SNDA, SNY, SRDX, VCLK, XOM

Top Analyst Upgrades and Downgrades (AMAT, BBY, EXPE, FCX, KLAC, LXK, MPEL, NUE, RADS, SAP, X, VCLK)

Administrator — Mon, 20 Sep 2010 11:45:37 +0000

These are some of this Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research notes:

Applied Materials Inc. (NASDAQ: AMAT) Started as Underperform at BNP Paribas.
Best Buy Co. Inc. (NYSE: BBY) Raised to Outperform at Oppenheimer.
Expedia Inc. (NASDAQ: EXPE) Cut to Neutral at Susquehanna.
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) Raised to Buy at Goldman Sachs.
KLA-Tencor Corporation (NASDAQ: KLAC) Started as Equal-weight at BNP Paribas.
Lexmark International (NYSE: LXK) Started At Neutral By Susquehanna
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) Raised Target at Citigroup.
Nucor (NYSE: NUE) Cut to Neutral at Goldman Sachs.
Radiant Systems Inc. (NASDAQ: RADS) Started as Buy at Jefferies.
SAP AG (NYSE: SAP) Raised to Equal-Weight at Morgan Stanley.
U.S. Steel Corporation (NYSE: X) Cut to Neutral at Goldman Sachs.
ValueClick, Inc. (NASDAQ: VCLK) Raised to Buy at Benchmark Capital.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Filed under: Analyst Calls Tagged: AMAT, BBY, EXPE, FCX, KLAC, LXK, MPEL, NUE, RADS, SAP, VCLK, X

Top Analyst Upgrades & Downgrades (CHD, GSIC, MW, SPWRA, TSO, VCLK)

Administrator — Fri, 27 Aug 2010 12:25:08 +0000

It is a Friday in late-August, so the research calls are pretty thin. These are some of today’s top analyst upgrades, downgrades, and initiations seen this morning:

Church & Dwight Co. Inc. (NYSE: CHD) Raised to Outperform at BMO; a safe defensive stock for a bear market.
GSI Commerce Inc. (NASDAQ: GSIC) Started as Buy at Citigroup.
The Men’s Wearhouse, Inc. (NYSE: MW) Raised to Overweight at JPMorgan.
SunPower Corp. (NASDAQ: SPWRA) Raised to Buy at Soleil.
Tesoro Corp. (NYSE: TSO) Raised to Outperform at RBC.
ValueClick, Inc. (NASDAQ: VCLK) Cut to Sell at S&P Equity Research (late Thursday call)

JON C. OGG

Filed under: Analyst Calls Tagged: CHD, GSIC, MW, SPWRA, TSO, VCLK

Top 10 Analyst Upgrades, Downgrades, Initiations (AOL, BNI, GLW, FFIV, NCR, NOK, STI, TJX, VCLK, YHOO)

247wallst — Fri, 11 Dec 2009 12:46:44 +0000

These are the ten top analyst calls in upgrades, downgrades, and initiations we have seen early this Friday from Wall Street research calls:

AOL Inc. (NYSE: AOL) Started as Outperform at Bernstein.
Burlington Northern Santa Fe (NYSE: BNI) Cut to Neutral at Baird.
Corning Inc. (NYSE: GLW) Started as Buy at Jefferies.
F5 Networks (NASDAQ: FFIV) Cut to Market Perform at William Blair.
NCR Corp. (NYSE: NCR) Raised to Overweight at JPMorgan.
Nokia (NYSE: NOK) Raised to Hold at Societe Generale.
SunTrust Banks (NYSE: STI) Started as Buy at Janney (late Thursday).
TJX Cos. (NYSE: TJX) Started as Perform at Oppenheimer.
ValueClick (NASDAQ: VCLK) Started as Hold at Lazard.
Yahoo! (NASDAQ: YHOO) Raised to Buy at Kaufman Bros.

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

Jon C. Ogg

Posted in Analyst Calls, Trading Alert Tagged: AOL, BNI, FFIV, GLW, NCR, NOK, STI, TJX, VCLK, YHOO

Top 10 Analyst Upgrades, Downgrades, Initiations (ARI, CSIQ, CSX, DDRX, HEV, INTC, NVDA, VCLK, VITC)

247wallst — Tue, 03 Nov 2009 13:35:53 +0000

These are the top ten analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Tuesday morning:

Apollo Commercial Real Estate (NYSE: ARI) Started as Overweight at Barclays; Started as Hold at Citigroup.
Canadian Solar (NASDAQ: CSIQ) Raised to Equal Weight at Barclays.
CSX Corp. (NYSE: CSX) Raised to Buy at Stifel Nicolaus.
Diedrich Coffee (NASDAQ: DDRX) Cut to Hold at Roth Capital.
Ener1 (NASDAQ: HEV) Started as Buy at Deutsche Bank.
Intel Corp. (NASDAQ: INTC) Cut to Equal Weight at Morgan Stanley.
Nvidia (NASDAQ: NVDA) Cut to Underweight at Morgan Stanley.
Valueclick (NASDAQ: VCLK) Raised to Hold at Citigroup.
Vitacost.com (NASDAQ: VITC) Started as Buy at Needham; Started as Buy at Jefferies; Started as Outperform at Oppenheimer.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Posted in Analyst Calls Tagged: ARI, CSIQ, CSX, DDRX, HEV, INTC, NVDA, VCLK, VITC

Today’s Best Market Rumors (10/7/2009) (NOK)(AAPL)(JPM)(GE)(WYNN)

247wallst — Wed, 07 Oct 2009 13:22:11 +0000

Updated throughout the day.

Updated 2:44 Dell Inc. (NYSE: DELL) will launch a branded Android smartphone thru AT&T Inc. (NYSE: T) and possibly other carriers next year. Source today is from WSJ, but ask this… How many phone and consumer electronics announcements have been rumored on Dell?

Updated 1.36 PM EST: Pimco left the bondholders steering committee at CIT (NYSE:CIT) last month (CNBC)

Updated 12.45 PM: Polycom (NSADAQ:PLCM) could be taken over by Hewlett-Packard (NYSE:HPQ) or Dell (NASDAQ:DELL). Interdigital (NASDAQ: IDCC) could be bought by Nokia (NYSE:NOK) and ValueClick (NASDAQ:VCLK) could be taken over by any one of a number of companies. (Barron’s)

Updated 12.41 PM: GM head of American sales leaves amid talk that car company CFO may be next (CNNMoney)

Update 10.50 AM EST: Congress may pass a bill which will require that public companies split the roles of chairman and CEO. (MarketWatch)

Thomson Reuters (NYSE:TRI) may be involved in the bidding for McGraw-Hill’s (NYSE:MHP) BusinessWeek working jointly with Zelnick Media. Strauss Zelnick is on the boards of Blockbuster (NYSE:BBI) and Take-Two Interactive (NASDAQ:TTWO) (PaidContent).

Citigroup (NYSE:C) may sell it Philbro unit which is paying its chief $100 million this year. (CNBC)

Bank of America (NYSE:BAC) has narrowed its list of CEOs to two people (WSJ).

Foxconn has a deal to make 300,000 to 400,000 Apple (NASDAQ:AAPL) tablet PCs to ship in Q1 (DigiTimes)

Collins Stewart believes that Google (NASDAQ:GOOG) and Yahoo! (NASDAQ:YHOO) are on the lookout for acquisitions. (The Deal).

Share sales by Steve Wynn, head of Wynn (NASDAQ:WYNN), and his COO may be” a canary in the coal mine to other investors to take some profits on the gains in this sector since the March lows.” That would include MGM (NYSE:MGM) and Las Vegas Sands (NYSE:LVS) (TheStreet.com)

Private equity firms Bain Capital and THL Partners are asking banks that supported their buy-out of Clear Channel Communications to help restructure the firm’s debt. Those banks include Citigroup (NYSE:C), Credit Suisse (NYSE:CS), Deutsche Bank (NYSE:DB), and Morgan Stanley (NYSE:MS). (NYPost)

News Corp (NYSE:NWS) CEO Rupert Murdoch is in Japan and South Korea and may be discussing partnerships to build a rival product to the Amazon (NASDAQ:AMZN) Kindle. (Reuters)

Vivendi will discuss selling its 20% stake in GE’s (NYSE:GE) NBCU at its October 19 board meeting to allow a transaction with Comcast (NADSAQ:CMCSA) which would involve the cable company getting control of media firm. (BusinessWeek)

JPMorgan (NYSE:JPM) executive Heidi Miller could be in the running for the CEO job at Bank of America. (The Big Money)

Douglas A. McIntyre

Posted in Rumors Tagged: AAPL, AMZN, BAC, BBI, C, CIT, CMCSA, CS, DB, DELL, GE, GOOG, HPQ, IDCC, JPM, LVS, MGM, MHP, MS, NOK, NWS, PLCM, TRI, TTWO, VCLK, WYNN, YHOO

Top Analyst Upgrades and Downgrades (CHK, DD, FIG, FITB, KIND, MMC, MINI, STI, UNTD, VCLK)

247wallst — Thu, 06 Aug 2009 11:51:05 +0000

These are the top ten pre-market analyst upgrades, downgrades, and initiations from Wall Street research this Thursday morning:

Chesapeake Energy (CHK) Cut to Hold at Argus.
DuPont (DD) Raised to Perform at Oppenheimer.
Fortress Investment Group (FIG) Raised to Outperform at KBW.
Fifth Third Bancorp (FITB) Cut to Market Perform at KBW.
Kindred Healthcare (KIND) Cut to Hold at Jefferies.
March & McLennan (MMC) Raised to Market Perform at KBW.
Mobile Mini (MINI) Cut to Hold at Needham.
SunTrust (STI) Cut to Market Perform at KBW.
United Online (UNTD) Cut to Hold at Jefferies.
ValueClick (VCLK) Raised to Buy at Merriman Curhan Ford.

JON C. OGG
AUGUST 6, 2009

Posted in Analyst Calls Tagged: CHK, DD, FIG, FITB, KIND, MINI, MMC, STI, UNTD, VCLK

Too Much Credit For Big Tech Analyst Call (ATVI, AMZN, ERTS, IACI, GOOG, EBAY, NFLX, VCLK, YHOO)

247wallst — Thu, 30 Jul 2009 15:05:13 +0000

UBS made some key analyst initiations in the Internet and entertainment sector this morning. As this is new coverage, they are not upgrades on a technical level. These “Buy” ratings are also on a day where the market is back at near-term highs and during the week after we have a twelve consecutive day rally in the NASDAQ. Today’s added strength this is helping is something that just seems too much based upon a new coverage call after the gains we have already seen in these stocks. Below is a list of some of the stocks started as “Buy” and you will see the price targets as well.

Activision Blizzard (NASDAQ: ATVI)
Amazon.com Inc. (AMZN) up 2.3% at $86.30; price target was $105.00.
Electronic Arts (NASDAQ: ERTS) up 3.8% at $21.55; price target was $27.00.
IAC/Interactive (NASDAQ: IACI) up 3.3% at $18.60; price target was $21.00.
Google Inc. (GOOG) up over 3% at $450.20; price target was $525.00.

Any time new coverage comes on this strong, it is not the fault of the firm or the analyst. It is just the timing. It is not as though the broad Internet and entertainment contains only “Buy” ratings. Companies such as eBay (NASDAQ: EBAY), Netflix (NASDAQ: NFLX), ValueClick (NASDAQ: VCLK), and Yahoo! (NASDAQ: YHOO) were all started as Neutral ratings. A neutral is no “sell” but it is also as far away from any positive endorsement as you can get.

This is also not meant to be a slap in the face. It is just the new analyst sector coverage, and the issue here is that this sector call might be adding gains on top of many gains on a strong market day. Most of the upsides here are a mere 15% upside for the Buy rated calls. Based on the notion that these have all rallied so much from the lows, these targets might mean more had the market been down big rather than up big.

Jon C. Ogg
July 30, 2009

Posted in Analyst Calls, Internet, Technology Companies Tagged: AMZN, ATVI, EBAY, ERTS, GOOG, IACI, NFLX, VCLK, YHOO