Watchlist, Economic Calender, Upgrades Downgrades, Gap Stocks, Day Trading

posted by:  elvis                     date:  5/10/2011

May 10, 2011
Acceleration in the ex-oil import reading could raise talk that high input costs are passing through.


Watchlist:  SYY UPL VRX BMC MRO HP VRTX ESRX PBR RRC FCX CNX RIMM LVS CREE
----------------

Notable earnings after Tuesday's close: ARNADISDPTRGMR,HRBNMBIMCPMDRNUANROVISRXSTECZAGG
Notable earnings before Tuesday's open: ATPGDFEBIXEPD,IVRJASOJRCCNOGNRGYSSPWATGWEN

Redbook
[Bullet
8:55 AM ET
Elizabeth Duke Speaks9:30 AM ET
Wholesale Trade
[Bullet10:00 AM ET
Jeffrey Lacker Speaks12:45 PM ET
3-Yr Note Auction
[Bullet1:00 PM ET

----------------

Up/Downgrades (SAM, CPN, FE, LPX, MR, ROSE, SKS, AEO, DIOD, GEN, JNY, PHG, RAH, SBRA, PANL, VE)
Upgrades
Boston Beer Company (NYSE:SAM) was upgraded to a Neutral from Underweight at HSBC.
Calpine (NYSE:CPN) was upgraded to a Buy from Hold at Dahlman Rose. The firm set its target price at $20, with the firm favoring the company's exposure to the California and Texas regions and the company's young, efficient, and geographically diversified combined cycle gas fleet.
FirstEnergy (NYSE:FE), the diversified energy company, was upgraded to Outperform from Market Perform at Wells Fargo.
Louisiana-Pacific (NYSE:LPX) was upgraded to a Hold from Reduce at TD Newcrest.
Mindray Medical (NYSE:MR) was upgraded to Outperform from Perform at Oppenheimer. The firm set its target price at $32 after the company reported first quarter revenue of $180.9 million, beating the Street and their estimates of $168 million.
Rosetta Resources (NASDAQ:ROSE) was upgraded to a Buy from Hold at Wunderlich. The firm raised its target price to $57 from $47 saying it believes the company has the liquidity to launch separate development projects outside the Gates Ranch. The firm believes that by adding one to two rigs, Rosetta can potentially capture an incremental 35 mmboe of reserves, with a PV of $468 million, or $8.92 per share. Rosetta was also upgraded to a Buy from Hold at Citigroup.
Saks (NYSE:SKS), the owner and operator of Saks Fifth Avenue stores, was upgraded to a Neutral from Sell at Goldman Sachs. The firm raised its target price to $12 from $11.
Downgrades
American Eagle (NYSE:AEO), the specialty retailer of casual apparel and outerwear for men and women, was downgraded to a Neutral from Buy at Janney Capital Markets. The firm set its target price at $15, as its channel checks suggest that product is still not completely resonating with their target customer, and sees risk to the bottom line.
Diodes, Inc. (NASDAQ:DIOD) was downgraded to Market Perform from Outperform at BMO Capital.
GenOn Energy (NYSE:GEN) was downgraded to a Hold from Buy at Dahlman Rose. The firm views the company as fairly valued, however it acknowledges the high sensitivity of earnings to changes in PJM power and capacity prices. The firm states the company has significant exposure to eastern coal prices in 2012 and beyond, which they view negatively.
Jones Apparel Group (NYSE:JNY), the apparel and footwear designer and marketer of brands like Nine West, Easy Spirit, Jones New York, and Evan-Picone, was downgraded to a Sell from Neutral at Goldman Sacks. The firm cut its target price to $11 from $13.
Philips Electronics (NYSE:PHG) was downgraded to a Neutral from Overweight at JP Morgan.
Ralcorp Holdings (NYSE:RAH), the food maker, was downgraded to Market Perform from Outperform at William Blair.
Sabra Healthcare REIT (NASDAQ:SBRA) was upgraded to Outperform from Sector Perform at RBC Capital Markets.
Universal Display (NASDAQ:PANL) was downgraded to a Hold from Buy at Canaccord Genuity.
Veolia Environnement (NYSE:VE) was downgraded to Add from Buy at WestLB.

----------------
Gainers, losers: http://www.marketwatch.com/search?q=movers%20shakers

No comments :

Post a Comment