Goldman Sachs Research (FEB 22, 2007)

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GOLDMAN SACHS: raised Stereotaxis (STXS) to Neutral from Sell; dropped Catalina Marketing (POS) from coverage.

Increased estimates in ECOL, ABG, DO, SRCL, THE, MHS, WEN, CAR, GPC, PII, ZZ, VNO, GTXI, CMX, OSIP, MDT, STXS, AMSG, SUNW, HPQ, WBMD, ADI, AT.

Decreased estimates in ANR, FCL, GSF, GPI, ICO, LAD, NE, RSG, UAG, WPL, WDR, WMI, WFMI, STTX, ZLC, HD, PGIC, KFT, EP, UPL, FITB, IPCR, VICL, JNJ, PWAV, CBB, AMT, HA, JBLU.

Goldman feels that LBO’s are less likely than M&A in oil drillers and it sees a floor in the sector.

Goldman Sachs also says that it thinks investors should Buy March Semiconductor options ahead of mid-quarter updates and ahead of their technology symposium.

Goldman feels the Getty (GYI) rumored acquisition of Jupiter Media (JUPM) would make sense and could value JUPM at $11.00 per share in a $50 million deal after debt assumption.

Goldman adds Diamond Offshore (DO) and dropped Tidewater (TDW) to and from Conviction Buy List: DO added to Buy and TDW added to Sell.

Jon C. Ogg
February 22, 2007