Tudou (TUDO) (CMLP) (RRTS) (CPNO) (ELT) Get New Coverage

Tudou Holdings Ltd (NASDAQ: TUDO), Crestwood Midstream Partners LP (NASDAQ: CMLP), Roadrunner Transport (NASDAQ: RRTS), Copano Energy, L.L.C. (NASDAQ: CPNO) and Elster Group SE (NYSE: ELT) getting new coverage from analysts.

Deutsche Bank (NYSE:DB) initiated coverage on Tudou Holdings Ltd (TUDO). They placed a “Buy” rating on the company.

Hilliard Lyons initiated coverage on Crestwood Midstream Partners LP (CMLP). They placed a “Buy” rating and a price target of $30.00 on the company.

BB&T (NYSE:BBT) initiated coverage on Roadrunner Transport (RRTS). They placed a “buy” rating on the company.

Hilliard Lyons initiated coverage on Copano Energy, L.L.C. (CPNO). They placed a “Buy” rating and a price target of $35.00 on the company.

Morgan Stanley (NYSE:MS) initiated coverage on Elster Group SE (ELT). They placed an “Equal Weight” rating on the company.

PulteGroup (PHM) (MIPS) (BA) (BBT) (COCO) Upgraded

PulteGroup, Inc. (NYSE: PHM), MIPS Technologies, Inc. (NASDAQ: MIPS), The Boeing Company (NYSE: BA), BB&T (NYSE: BBT) and Corinthian Colleges, Inc. (NASDAQ: COCO) upgraded by analysts.

PulteGroup, Inc. (PHM) was upgraded by Ticonderoga Securities from a “Neutral” rating to a “Buy” rating. They have a price target of $6.50 on the company. They cited valuation as the catalyst behind the call.

MIPS Technologies, Inc. (MIPS) was upgraded by Capstone from a “Hold” rating to a “Buy” rating.

The Boeing Company (BA) was upgraded by Nomura from a “Reduce” rating to a “Neutral” rating.

BB&T (BBT) was upgraded by Macquarie from an “Underperform” rating to a “Neutral” rating.

Corinthian Colleges, Inc. (COCO) was upgraded by Gabelli to a “Buy” rating.

Barnes (B) (AMR) (ORLY) (GVA) (ICE) Upgraded

Barnes Group Inc. (NYSE: B), AMR Co. (NYSE: AMR), O’Reilly Automotive, Inc. (NASDAQ: ORLY), Granite Construction Inc. (NYSE: GVA) and IntercontinentalExchange (NYSE: ICE) upgraded by analysts.

Barnes Group Inc. (B) was upgraded by BB&T (NYSE:BBT) from a “Hold” rating to a “Buy” rating.

AMR Co. (AMR) was upgraded by Ticonderoga Securities from a “Sell” rating to a “Neutral” rating. They cited valuation as the catalyst behind the call.

O’Reilly Automotive, Inc. (ORLY) was upgraded by ISI Group to a “Hold” rating.

Granite Construction Inc. (GVA) was upgraded by BB&T from a “Hold” rating to a “Buy” rating.

IntercontinentalExchange (ICE) was upgraded by Credit Agricole from an “Underperform” rating to an “Outperform” rating.

TechTarget (TTGT) (HLIT) (THG) (ICLR) (SUI) (IRF) Get New Coverage

TechTarget Inc (NASDAQ: TTGT), Harmonic (NASDAQ: HLIT), The Hanover Insurance Group, Inc. (NYSE: THG), ICON plc (NASDAQ: ICLR), Sun Communities Inc (NYSE: SUI) and International Rectifier (NYSE: IRF) getting new analyst coverage.

Robert W. Baird initiated coverage on TechTarget Inc. (TTGT). They placed an “Outperform” rating and a price target of $8.00 on the company.

ThinkEquity initiated coverage on Harmonic (HLIT). They placed a “Hold” rating on the company.

Sterne Agee initiated coverage on The Hanover Insurance Group, Inc. (THG). They placed a “Buy” rating and a price target of $44.00 on the company.

BB&T (NYSE:BBT) initiated coverage on ICON plc (ICLR). They placed a “Hold” rating on the company.

Ladenburg Thalmann initiated coverage on Sun Communities Inc. (SUI). They placed a “Buy” rating and a price target of $43.00 on the company.

The Benchmark Company initiated coverage on International Rectifier (IRF). They placed a “Buy” rating and a price target of $25.00 on the company.

Sina (SINA) (SSRX) (BBT) (CECO) (LOPE) (CHCO) Get New Coverage

Sina (NASDAQ: SINA), 3SBio Inc. (NASDAQ: SSRX), BB&T (NYSE: BBT), Career Education Corp. (NASDAQ: CECO), Grand Canyon Education Incorporated (NASDAQ: LOPE) and City Holding Company (NASDAQ: CHCO) getting new coverage from analysts.

Brean Murray initiated coverage on Sina (SINA). They placed a “Buy” rating and a price target of $128.00 on the company.

Cowen initiated coverage on 3SBio Inc. (SSRX). They placed an “outperform” rating on the company.

Citigroup (NYSE:C) initiated coverage on BB&T (BBT). They placed a “Hold” rating on the company.

Wunderlich initiated coverage on Career Education Corp. (CECO). They placed a “Buy” rating and a price target of $23.00 on the company.

Wunderlich initiated coverage on Grand Canyon Education Incorporated (LOPE). They placed a “Buy” rating and a price target of $20.00 on the company.

BB&T (NYSE:BBT) initiated coverage on City Holding Company (CHCO). They placed a “Hold” rating on the company.

Dell (DELL) (UBSI) (STRA) (DV) (AIXG) (AYR) Get New Coverage

Dell Inc. (NASDAQ: DELL), United Bankshares, Inc. (NASDAQ: UBSI), Strayer Education, Inc. (NASDAQ: STRA), DeVry Inc. (NYSE: DV), Aixtron AG (NASDAQ: AIXG) and Aircastle Limited (NYSE: AYR) getting new analyst coverage.

BB&T (NYSE:BBT) initiated coverage on United Bankshares, Inc. (UBSI). They placed a “Hold” rating on the company.

Ticonderoga initiated coverage on Dell Inc. (DELL). They placed a “sell” rating and a $9.25 price target on the company.

Wunderlich initiated coverage on Strayer Education, Inc. (STRA). They placed a “Hold” rating and a price target of $110.00 on the company.

Wunderlich initiated coverage on DeVry Inc. (DV). They placed a “Hold” rating and a price target of $52.00 on the company.

Ticonderoga initiated coverage on Aixtron AG (AIXG). They placed a “Buy” rating on the company.

Credit Suisse (NYSE:CS) initiated coverage on Aircastle Limited (AYR). They placed a “Neutral” rating on the company.

Chevron (CVX) (THS) (WAT) (MWV) (CEA) (NTAP) Upgraded

Chevron (NYSE: CVX), TreeHouse Foods Inc. (NYSE: THS), Waters Corporation (NYSE: WAT), MeadWestvaco Corp. (NYSE: MWV), China Eastern Airline (NYSE: CEA) and NetApp Inc. (NASDAQ: NTAP) upgraded by analysts.

TreeHouse Foods Inc. (THS) was upgraded by BB&T (NYSE:BBT) from a “Hold” rating to a “Buy” rating.

Waters Corporation (WAT) was upgraded by Auriga from a “Hold” rating to a “Buy” rating. They have a price target of $103.00 on the company.

Chevron (CVX) was upgraded by Standpoint Research from a “Hold” rating to an “Accumulate” rating. They have a price target of $115.00 on the company.

MeadWestvaco Corp. (MWV) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.

China Eastern Airline (CEA) was upgraded by Credit Suisse (NYSE:CS) from an “Underperform” rating to a “Neutral” rating.

NetApp Inc. (NTAP) was upgraded by Piper Jaffray (NYSE:PJC) from a “Neutral” rating to an “Overweight” rating. They have a price target of $58.00 on the company.

Quiksilver (ZQK) (ABC) (BBBY) (ABMD) (OAS) (AH) Upgraded

Quiksilver, Inc. (NYSE: ZQK), AmerisourceBergen Corp. (NYSE: ABC), Bed Bath & Beyond Inc. (NASDAQ: BBBY), Abiomed (NASDAQ: ABMD), Oasis Petroleum Inc. (NYSE: OAS) and Accretive Health, Inc. (NYSE: AH) upgraded by analysts.

Quiksilver, Inc. (ZQK) was upgraded by FBR Capital from an “Underperform” rating to a “Market Perform” rating. They have a price target of $4.00 on the company.

AmerisourceBergen Corp. (ABC) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $49.00 on the company.

Bed Bath & Beyond Inc. (BBBY) was upgraded by Cowen from a “Neutral” rating to an “Outperform” rating.

Abiomed (ABMD) was upgraded by Rodman & Renshaw from an “Underperform” rating to a “Market Perform” rating.

Oasis Petroleum Inc. (OAS) was upgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating. They have a price target of $4.95 on the company, down from $33.00.

Accretive Health, Inc. (AH) was upgraded by BB&T (NYSE:BBT) from a “Hold” rating to a “Buy” rating.

Panera (PNRA) (MNKD) (MSM) (PETM) (PII) (PLL) Upgraded

Panera Bread Company (NASDAQ: PNRA), MannKind Co. (NASDAQ: MNKD), MSC Industrial Direct Co., Inc. (NYSE: MSM), Petsmart Inc (NASDAQ: PETM), Polaris Industries Inc (NYSE: PII) and Pall Co. (NYSE: PLL) upgraded by analysts.

MannKind Co. (MNKD) was upgraded by JMP Securities from a “Market Perform” rating to an “Outperform” rating. They have a price target of $7.00 on the company.

MSC Industrial Direct Co., Inc. (MSM) was upgraded by BB&T (NYSE:BBT) from a “Hold” rating to a “Buy” rating.

Petsmart Inc. (PETM) was upgraded by Oppenheimer from a “Perform” rating to an “Outperform” rating. They have a price target of $49.00 on the company.

Polaris Industries Inc. (PII) was upgraded by Wells Fargo & Co. (NYSE:WFC) from a “Market Perform” rating to an “Outperform” rating.

Pall Co. (PLL) was upgraded by Wedbush from a “Neutral” rating to an “Outperform” rating. They have a price target of $60.00 on the company.

Panera Bread Company (PNRA) was upgraded by Miller Tabak from a “Hold” rating to a “Buy” rating. They have a price target of $125.00 on the company, up from $118.00.

F5 (FFIV) (IBI) (INN) (JBHT) (KSWS) Downgraded

F5 Networks (NASDAQ: FFIV), Interline Brands, Inc. (NYSE: IBI), Summit Hotel Properties, Inc. (NYSE: INN), J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) and K Swiss Inc (NASDAQ: KSWS) downgraded by analysts.

F5 Networks (FFIV) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Interline Brands, Inc. (IBI) was downgraded by BB&T (NYSE:BBT) from a “Buy” rating to a “Hold” rating.

Summit Hotel Properties, Inc. (INN) was downgraded by Keybanc from a “Buy” rating to a “Hold” rating.

J.B. Hunt Transport Services, Inc. (JBHT) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $51.00 on the company, down from $53.00.

K Swiss Inc. (KSWS) was downgraded by Sterne Agee from a “Buy” rating to a “Neutral” rating.

Sprint (S) (SOHU) (FFIV) (FHN) (AEC) (BBT) Upgraded

Sprint Nextel (NYSE: S), Sohu.Com Inc. (NASDAQ: SOHU), F5 Networks (NASDAQ: FFIV), First Horizon National Co. (NYSE: FHN), Associated Estates (NYSE: AEC) and BB&T (NYSE: BBT) upgraded by analysts.

Sprint Nextel (NYSE: S) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating. They have a price target of $6.00 on the company.

Sohu.Com (SOHU) was upgraded by Credit Agricole from an “Underperform” rating to a “Buy” rating.

F5 Networks (FFIV) was upgraded by Ticonderoga from a “Neutral” rating to a “Buy” rating. They have a price target of $130.00 on the company.

First Horizon National (FHN) was upgraded by Compass Point from a “Sell” rating to a “Neutral” rating.

Associated Estates (AEC) was upgraded by Robert W. Baird from a “Neutral” rating to an “Outperform” rating. They have a price target of $21.00 on the company, up from $18.00.

BB&T (BBT) was upgraded by Rochdale Securities from a “Hold” rating to a “Buy” rating.

Ratings on (ADBE) (ADSK) (AEE) (BBT) (BPOP) Reiterated

Ratings on Adobe Systems (NASDAQ: ADBE), Autodesk (NASDAQ: ADSK), Ameren Co. (NYSE: AEE), BB&T (NYSE: BBT) and Popular, Inc. (NASDAQ: BPOP) were reiterated by analysts.

Piper Jaffray (NYSE:PJC) reiterated a “neutral” rating on Adobe Systems (ADBE). They have a price target of $36.00 on the company.

Global Hunter Securities reiterated a “buy” rating on Autodesk (ADSK). They have a price target of $51.00 on the company.

Goldman Sachs (NYSE:GS) reiterated a “sell” rating on Ameren Co. (AEE).

Keefe, Bruyette & Woods, Inc reiterated a “market perform” rating on BB&T (BBT). They have a price target of $30.00 on the company.

Goldman Sachs reiterated a “buy” rating on Popular, Inc. (BPOP). They have a price target of $4.25 on the company.

Ratings on (RAH) (SFD) (SMSI) (UN) Downgraded by Analysts

Analysts downgraded ratings on Ralcorp Holdings, Inc. (NYSE: RAH), Smithfield Foods, Inc. (NYSE: SFD), Smith Micro Software, Inc. (NASDAQ: SMSI) and Unilever (NYSE:UN) today.

SunTrust (NYSE:STI) downgraded Ralcorp Holdings, Inc. (RAH) from a “buy” rating to a “neutral” rating.

BB&T (NYSE:BBT) downgraded Smithfield Foods, Inc. (SFD) from a “buy” rating to a “hold” rating.

Canaccord Genuity downgraded Smith Micro Software, Inc. (SMSI) from a “buy” rating to a “hold” rating.

Credit Suisse (NYSE:CS) downgraded Unilever (NYSE:UN) from "neutral" to "underperform."

Bove Bullish on (C) (BAC), But Not on Financial Sector as a Whole

Rochdale Securities analyst Richard Bove remains bullish on shares of Citigroup (NYSE:C) and Bank of America (NYSE:BAC), although on the financial sector overall he is turning more bearish.

Bove may have something right with Citigroup, but the immense exposure of Bank of America to mortgage problems from their acquisition of Countrywide makes them very doubtful as to performing in any meaningful way in the near future.

"The companies that are going to see big increases in earnings and no increase in stock price are the regional banks. Ninety five percent of their assets are financial in nature and they're going to go down in value as inflation and interest rates go up and people will care not at all about their earnings the way they did in the 1970's. I think we're back to that environment," Bove says.

Most exposed in that particular environment in Bove's vie are regional banks like Regions Financial (NYSE:RF), BB&T (NYSE:BBT) and Comerica (NYSE:CMA).

Citigroup was trading at $4.4850, down $0.03, or 0.66 percent, as of 11:01 AM EDT. Bank of America was trading at $12.31, falling $0.18, or 1.44 percent.

Dividend Yields for (BBT) (PNC) (USB) (FITB) (WFC)

Indicated dividend yields for Standard & Poor's 500 Index companies BB&T Corp (BBT), PNC Financial Services Group (PNC), US Bancorp (USB), Fifth Third Bancorp (FITB) and Wells Fargo & Co (WFC).

These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.

BB&T Corp (BBT) has a dividend yield of 2.38 percent on a declared dividend of $0.16. The payout ratio is 52.5 percent.

PNC Financial Services Group (PNC) has a dividend yield of 2.25 percent on a declared dividend of $0.35. The payout ratio is 22.0 percent.

US Bancorp (USB) has a dividend yield of 1.94 percent on a declared dividend of $0.12. The payout ratio is 22.9 percent.

Fifth Third Bancorp (FITB) has a dividend yield of 1.81 percent on a declared dividend of $0.06. The payout ratio is 62.5 percent.

Wells Fargo & Co (WFC) has a dividend yield of 1.65 percent on a declared dividend of $0.07. The payout ratio is 17.8 percent.

Federal Signal (FSS) (LXK) (ROP) (SMP) (SWY) Get Ratings Downgrades

Federal Signal Co. (NYSE: FSS), Lexmark International, Inc. (NYSE: LXK), Roper Industries Inc (NYSE: ROP), Standard Motor Produ (NYSE: SMP) and Safeway Inc. (NYSE: SWY) get analyst downgrades.

BMO Capital Markets downgraded Federal Signal Co. (FSS) from an “Outperform” rating to a “Market Perform” rating. They place a price target of $7 on the company. The downgraded catalyst was based on valuation.

Citigroup (NYSE:C) downgraded Lexmark International, Inc. (LXK) from a “Buy” rating to a “Hold” rating. They set a price target of $36 on the firm, down from $55.

Oppenheimer downgraded Roper Industries Inc (ROP) from an “Outperform” rating to a “Perform” rating.

BB&T (NYSE:BBT) downgraded Standard Motor Produ (SMP) from a “Buy” rating to a “Hold” rating.

Jefferies (NYSE:JEF) downgraded Safeway Inc. (SWY) from a “Buy” rating to a “Hold” rating. They set a price target of $25.00 on the company, down from $26.

Cerner (CERN) (JOBS) (OIIM) (PPC) - New Ratings and Price Targets

New ratings and price targets on Cerner Corp (NASDAQ: CERN), 51job, Inc. (NASDAQ: JOBS), O2Micro International Limited (NASDAQ: OIIM) and Pilgrims Pride Corp (NYSE: PPC).

Oppenheimer initiated coverage on Cerner Corp (CERN). They placed an “Underperform” rating and a price target of $90.00 on the company.

William Blair initiated coverage on 51job, Inc. (JOBS). They placed a “Market Perform” rating on the firm.

Brigantine initiated coverage on O2Micro International Limited (OIIM). They placed a “Buy” rating and a price target of $10.00 on the stock.

BB&T (NYSE:BBT) initiated coverage on Pilgrims Pride Corp (PPC). They placed a “Hold” rating on the company.

MGM Resorts (MGM) (LLL) (MO) (NFLX) Downgraded April 26

Shares of MGM Resorts (NYSE: MGM), L-3 Communications (NYSE: LLL), Altria Group (NYSE: MO) and Netflix, Inc. (NASDAQ: NFLX) were all downgraded by several brokerages on April 26.

BB&T (NYSE:BBT) downgraded L-3 Communications (LLL) from a “Buy” rating to a “Hold” rating.

Credit Suisse (NYSE:CS) downgraded MGM Resorts (MGM) from a “Neutral” rating to an “Underperform” rating. They have a price target of $11.00 MGM, down from the previous $14.

Argus downgraded Altria Group (MO) from a “Buy” rating to a “Hold” rating.

Janney Montgomery Scott downgraded Netflix, Inc. (NFLX) from a “Neutral” rating to a “Sell” rating. They have a price target of $170.00 on Netflix.

Huntington (HBAN), BB&T (BBT), Fifth Third (FITB) Jump on GDP Estimate

Huntington Bancshares Inc. (NASDAQ:HBAN), BB&T Corp. (NYSE:BBT) and Fifth Third Bancorp (NASDAQ:FITB) are all up today after the Commerce Department upwardly revised its estimate of U.S. real gross domestic product growth for the fourth quarter.

Also moving up was the Financial Select Sector SPDR Fund (XLF).

The U.S. economy grew at a 3.1% annualized rate in the fourth quarter, the government said. See economic report on GDP growth.

In other economic indicators Friday, consumer sentiment fell in March to its lowest level in five months, according to a Thomson Reuters/University of Michigan survey.

Within the financial sector, regional banks were among the strongest performers as Huntington Bancshares Inc. (HBAN), BB&T Corp. (BBT) and Fifth Third Bancorp (FITB) all rose more than 1%.

Fifth Third was trading at $13.99, gaining $0.22, or 1.56 percent, as of 12:26 PM EDT. BB&T was trading at $27.26, up $0.59, or 2.23 percent. Huntington Bancshares was at $6.66, gaining $0.16, or 2.54 percent.




Source

Bank of America (BAC) Not Cleared for Dividend Hike

In a blow to Bank of America, the Federal Reserve said after performing stress tests on the giant bank they won't allow the financial institution to raise dividends at this time.

Major competitors like JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Co. (NYSE:WFC) and BB&T Corp. (NYSE:BBT) have already been cleared and raised dividends immediately afterwards.

The bank's Tier 1 common equity rose 13 percent in 2010, as its Tier 1 common equity ratio hit 8.6 percent from 7.1 percent in 2009.

In a filing with the SEC Bank of America said they have been rejected by the Fed concerning their request to raise the dividend in the second half of the year.

The bank was told they could re-submit a revised capital plan if they chose.

BofA said it will continue to pursue the matter and hope they will be able to offer a dividend boost in the second half.

Bank of America was trading at $13.55, falling $0.33, or 2.38 percent, as of 11:31 AM EDT.