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Top 10 Analyst Upgrades and Downgrades (BIIB, CMA, ENER, ESLR, FSLR, MAT, HK, TRV, YUM, ZRAN)

247wallst — Tue, 09 Mar 2010 13:17:51 +0000

These are this Tuesday morning’s top analyst upgrades, downgrades, and initiations seen in early Wall Street research notes:

Biogen Idec (NASDAQ: BIIB) Started as Buy at Soleil.
Comerica (NYSE: CMA) Cut to Market Perform at BMO Capital.
Energy Conversion Devices (NASDAQ: ENER) Cut to Underweight at JPMorgan.
Evergreen Solar (NASDAQ: ESLR) Cut to Neutral at JPMorgan.
First Solar Inc. (NASDAQ: FSLR) Cut to Underweight at JPMorgan.
Mattel Inc. (NYSE: MAT) Raised to Buy at Citi.
Petrohawk Energy (NYSE: HK) Raised to Outperform at Wells Fargo.
The Travelers Companies, Inc. (NYSE: TRV) Started as Buy at Citigroup.
YUM! Brands (NYSE: YUM) Raised to Buy at UBS.
Zoran Corporation (NASDAQ: ZRAN) Cut to Hold at Collins Stewart.

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JON C. OGG

Filed under: Analyst Calls Tagged: BIIB, CMA, ENER, ESLR, FSLR, HK, MAT, TRV, YUM, ZRAN

Top Analyst Upgrades & Downgrades (ADPT, CBST, FLIR, MA, TEX, LXK, MCXH, V, XRX, ZRAN)

247wallst — Fri, 20 Feb 2009 13:18:11 +0000

These are the top pre-market analyst upgrades and downgrades we have seen from Wall Street this Friday morning:

Adaptec (ADPT) Raised to Outperform at Morgan Keegan.
Cubist Pharamceuticals (CBST) Started as Accumulate at ThinkEquity.
FLIR Systems (FLIR) Raised to Overweight at JPMorgan.
MasterCard (MA) Started as Outperform at Baird.
Terex (TEX) Raised to Outperform at Wachovia.
Lexmark (LXK) Cut to Underweight at Barclays.
Marchex (MCHX) downgraded at Thomas Weisel and at JMP Securities.
Visa (V) Started as Neutral at Baird.
Xeros (XRX) Cut to Equal Weight at Barclays.
Zoran (ZRAN) Cut to Underweight at JPMorgan.

JON C. OGG
February 20, 2009

Posted in Analyst Calls Tagged: ADPT, CBST, FLIR, LXK, MA, MCXH, TEX, V, XRX, ZRAN

52-Week Low Club (AUO, CVI, DIET, ENTR, FDP, GLBL, OIIM, PCCC, SNE, TNC, TRID, ZRAN)

247wallst — Tue, 29 Jul 2008 14:35:00 +0000

Today’s list of stocks is somewhat void of financial stocks, yet many of these you’ll recognize. Here are today’s 52-week lows:

AU Optronics Corp. (NYSE: AUO) stock rose over prior lows but still looking weak after continued weakness.
CVR Energy, Inc. (NYSE: CVI) yet again.
eDiets.com (NASDAQ: DIET) preliminary earnings showing economics win over the need to lose weight and live healthy.
Entropic Communications (NASDAQ: ENTR) downgraded at Piper Jaffray a week ahead of earnings.
Fresh Del Monte Produce Inc. (NYSE: FDP) down 14% after earnings miss.
Global Industries Ltd. (NASDAQ: GLBL)…….. offshore oil & gas on lows?
O2Micro International Ltd. (NASDAQ: OIIM) down another 8%; now down over 2/3 from highs.
PC Connection Inc. (NASDAQ: PCCC) profit fell 12% and sees revenue flat in Q3; direct PC/IT marketing must not work for all.
Sony Corp. (NYSE: SNE) dismal earnings got them to 52-week lows.
Tennant Co. (NYSE: TNC) profit drop, weak guidance.. wow, even in cleaning solutions get weak.
Trident Microsystems Inc. (NASDAQ: TRID) disappointing earnings and at least 2 downgrades; shares down 26% late; now down 80% from highs.
Zoran Corp. (NASDAQ: ZRAN) weak outlook and five downgrades… chips are used in DVD players, home theater systems and other electronics, cited economic weakness and a slowdown in consumer spending. Go figure.

The market may have risen huge today, but that doesn’t mean there aren’t many losers when the economy is still in the tank.

Jon C. Ogg
July 29, 2008

Top 10 Pre-Market Analyst Calls (ANF, BLK, BP, CKR, DO, G, RRGB, SPR, WMGI, ZRAN)

247wallst — Fri, 11 Apr 2008 06:32:21 +0000

Below are the top 10 pre-market analyst calls that 247wallst.com is focusing on:

Abercrombie & Fitch (NYSE: ANF) cut to Neutral at JP Morgan.
BlackRock (NYSE: BLK) Cut to Market Perform from Outperform at Wachovia.
BP plc (NYSE: BP) raised to Overweight at JPMorgan.
CKE Restaurants (NYSE: CKR) started as Outperform at FBR.
Diamond Offshore (NYSE: DO) raised to Overweight at JPMorgan.
Genpact (NYSE: G) started as Outperform at Robert W. Baird.
Red Robin Gourmet (NASDAQ: RRGB) cut to market Perform at Wachovia.
Spirit Aerosystems (NYSE: SPR) started as Outperform at FBR.
Wright Medical (NASDAQ: WMGI) raised to Overweight at JPMorgan.
Zoran (NASDAQ: ZRAN) cut to Underperform at Jefferies & Co.

Jon C. Ogg
April 11, 2008

Jon Ogg produces the Special Situation Investing Newsletter. He can be reached at jonogg@247wallst.com and he does not own securities in the companies he covers.

The 52-Week Low Club (CCU)(ZRAN)

247wallst — Tue, 29 Jan 2008 16:04:19 +0000

Clear Channel (CCU) Company is supposed to go private. Wall St. is worried deal may not fly. Falls to $27.77 from 52-week high of $38.58.

Municipal Mortgage & Equity (MMA) Restatements, write-downs, drividend cut. Trades down to $9.08 from 52-week high of $32.20.

Zoran (ZRAN) Market hates financial results and poor outlook for Q1. Drops to $11.99 from 52-week high of $27.45.

LEGC Corp (XPRT) Cuts outlook. Drops to $8.05 from 52-week high of $18.16.

Douglas A. McIntyre

Zoran, When Beating Earnings Isn’t Anywhere Near Enough (ZRAN)

247wallst — Mon, 28 Jan 2008 17:15:20 +0000

Zoran Corp. (NASDAQ: ZRAN) shares are getting hit hard in after-hours trading. The company posted earnings of $0.34 EPS, $0.02 better than the First Call estimate of $0.32. Unfortunately the good news stops there.

Revenues did rise some 34% from Q4-2006 to $129.4 million, but First Call had estimates at $130.8 million. It got worse too after it issued guidance to the downside for Q1-2008 with EPS of $0.05 to $0.09 and it sees Q1-2008 revenues of $104 to $109 million. First Call was at a $0.24 EPS and $122.35 million in revenues. Gross margins will be in the range of 50% to 51%.

The company develops and markets integrated circuits and products used in digital versatile disc players, movie and home theater systems, digital cameras, professional and consumer video editing systems, and digital speakers and audio systems.

Its shares are down some 22% to $11.65 in an active after-hours trading session. The 52-week trading range is %13.72 to $27.45, so treat this one as a new 52-week low for Tuesday.

Jon C. Ogg
January 28, 2008