Adobe (ADBE) (WINN) (WPI) (XYL) (ABMD) (ADM) Ratings Reiterated

Adobe Systems (NASDAQ: ADBE), Winn-Dixie Stores, Inc. (NASDAQ: WINN), Watson Pharmaceuticals Incorporated (NYSE: WPI), Xylem (NYSE: XYL), Abiomed (NASDAQ: ABMD) and Archer Daniels Midland Company (NYSE: ADM) had ratings on them reiterated by analysts.

Jefferies (NYSE:JEF) reiterated its "Buy" rating on Winn-Dixie Stores, Inc. (WINN). They have a price target of $9.50 on the company.

Piper Jaffray (NYSE:PJC) reiterated its "Overweight" rating on Watson Pharmaceuticals Incorporated (WPI). They have a price target of $72.00 on the company.

Wedbush reiterated its "Outperform" rating on Xylem (XYL).

Jefferies reiterated its "Buy" rating on Abiomed (ABMD).

Morgan Stanley (NYSE:MS) reiterated its "Equal Weight" rating on Adobe Systems (ADBE).

Morgan Stanley reiterated its "Overweight" rating on Archer Daniels Midland Company (ADM). They have a price target of $37.00 on the company.

Zix (ZIXI) (ZQK) (ADBE) (ADM) (ADTN) (AFFY) Ratings, Price Targets

Zix Co. (ZIXI), Quiksilver, Inc. (ZQK), Adobe Systems (ADBE), Archer Daniels Midland Company (ADM), ADTRAN, Inc. (ADTN) and Affymax, Inc. (AFFY) ratings and price targets.

Zacks Investment Research downgraded shares of Zix Co. (ZIXI) from an
“Outperform” rating to a “Neutral” rating.

Jefferies (NYSE:JEF) lowered its price target on Quiksilver, Inc. (ZQK) to $4.00. They have a “Buy” rating on the company.

Morgan Stanley (NYSE:MS) reiterated its “Equal Weight” on Adobe Systems (ADBE).

Morgan Stanley (NYSE:MS) reiterated its “Overweight” rating on Archer Daniels Midland Company (ADM). They have a price target of $37.00 on the company.

Morgan Stanley reiterated its “Overweight” rating on of ADTRAN, Inc.
(ADTN). They have a price target of $37.00 on the company.

Zacks Investment Research upgraded Affymax, Inc. (AFFY) from an “Underperform” rating to a “Neutral” rating.

Archer Daniels (ADM) (USM) (ADSK) (AFSI) (SUNH) Price Targets Changed

United States Cellular Corporation (NYSE: USM), Wright Medical (NASDAQ: WMGI), Willis Group Holdings PLC (NYSE: WSH), ReachLocal Inc. (NASDAQ: RLOC) and Sun Healthcare Group, Inc. (NASDAQ: SUNH) had price targets on them adjusted by analysts.

Archer Daniels Midland Company (ADM) had its price target lowered by Morgan Stanley (NYSE:MS) to $37.00. They have an “Overweight” rating on the company.

ReachLocal Inc. (RLOC) had its price target lowered by Piper Jaffray (NYSE:PJC) to $17.00.

Sun Healthcare Group, Inc. (SUNH) had its price target lowered by Bank of America (NYSE:BAC) to $3.00.

Autodesk (ADSK) had its price target lowered by UBS AG (NYSE:UBS) to $43.00. The analysts now have a “buy” rating on the company.

Amtrust Financial Services, Inc. (AFSI) had its price target raised by JMP Securities from $26.00 to $28.00. They have an “Outperform” rating on the company.

Tyson (TSN) (ADM) (SFD) (BG) (OILT) (ONXX) Get New Coverage

Tyson Foods, Inc. (NYSE: TSN), Archer Daniels Midland Company (NYSE: ADM), Smithfield Foods, Inc. (NYSE: SFD), Bunge Limited (NYSE: BG), Oiltanking Partners (NASDAQ: OILT) and Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) getting new analyst coverage.

Barclays Capital initiated coverage on Tyson Foods, Inc. (TSN). They placed an “Overweight” rating and a price target of $23.00 on the company.

Barclays Capital initiated coverage on Archer Daniels Midland Company (ADM). They placed an “Equal Weight” rating and a price target of $31.00 on the company.

Barclays Capital initiated coverage on Smithfield Foods, Inc. (SFD). They placed an “Equal Weight” rating and a price target of $23.00 on the company.

Barclays Capital initiated coverage on Bunge Limited (BG). They placed an “Overweight” rating and a price target of $81.00 on the company.

Barclays Capital initiated coverage on Oiltanking Partners (OILT). They placed an “Overweight” rating and a price target of $28.00 on the company.

Summer Street initiated coverage on Onyx Pharmaceuticals, Inc. (ONXX). They placed a “Buy” rating and a price target of $49.00 on the company.

Bunge (BG) (ADM) (MUR) (CLF) (DTE) (TNAV) Ratings Reiterated

Bunge Limited (NYSE: BG), Archer Daniels Midland Company (NYSE: ADM), Murphy Oil Corp (NYSE: MUR), Cliffs Natural Resources Inc (NYSE: CLF), DTE Energy Co (NYSE: DTE) and Telenav Inc. (NASDAQ: TNAV) had ratings reiterated by analysts.

Morgan Stanley (NYSE:MS) reiterated its "Overweight" rating on Archer Daniels Midland Company (ADM).

Scotia Capital reiterated its "Sector Perform" rating on Murphy Oil Corp. (MUR).

Morgan Stanley reiterated an "Equal Weight" rating on Bunge Limited (BG).

Dahlman Rose reiterated its "Buy" rating on Cliffs Natural Resources Inc. (CLF). They have a price target of $120.00 on the company.

Wunderlich reiterated a "Hold" rating on DTE Energy Co. (DTE).

JPMorgan Chase & Co. (NYSE:JPM) reiterated a "Neutral" rating on Telenav Inc. (TNAV).

ADM (ADM) (ROSE) (WRB) (BRCM) (BHI) (COMV) Price Targets Changed

Archer Daniels Midland Company (NYSE: ADM), Rosetta Resources Inc. (NASDAQ: ROSE), W.R. Berkley Co. (NYSE: WRB), Broadcom Corp (NASDAQ: BRCM), Baker Hughes (NYSE: BHI) and Comverge Inc (NASDAQ: COMV) price targets adjusted by analysts.

Archer Daniels Midland Company (ADM) had its price target cut by Jefferies (NYSE:JEF) to $40.00. They have a “Buy” rating on the company.

Rosetta Resources Inc. (ROSE) had its price target boosted by Wunderlich from $57.00 to $66.00. They have a “Buy” rating on the company.

W.R. Berkley Co. (WRB) had its price target raised by KBW to $33.00.

Broadcom (BRCM) had its price target raised by FBR Capital from $48.00 to $50.00. They have an “Outperform” rating on the company.

Baker Hughes (BHI) had its price target raised by Canaccord Genuity from $84.00 to $90.00. They have a “Hold” rating on the company.

Comverge (COMV) had its price target cut by Piper Jaffray (NYSE:PJC) to $4.00.

Monsanto (MON) (ADM) (BG) (CPO) (DD) Trade Mixed as Grain Prices Fall

Companies with exposure to major grains like Archer Daniels Midland Company (ADM), Bunge Ltd. (BG), Corn Products International (CPO), Monsanto (MON) and DuPont (DD) were under pressure last week as corn and wheat prices fell and soybeans were for the most part about level.

Bunge was the only company that traded positive Friday.

Expectations are prices should rebound in the weeks ahead because of supply concerns coming from the impact of the weather on planting, which is behind schedule in a large number of cases.

Archer Daniels Midland Company (ADM) closed Friday at $32.20, dropping $0.10, or 0.31 percent. Bunge traded up to close at $73.00, gaining $0.53, or 0.73 percent. Monsanto closed at $63.79, falling $0.22, or 0.34 percent.

Ratings on (ADM) (AEO) (BASFY) (BID) (DIOD) Downgraded

Ratings on Archer Daniels Midland Company (NYSE: ADM), American Eagle (NYSE: AEO), BASF SE (NASDAQ: BASFY), Sotheby’s (NYSE: BID) and Diodes (NASDAQ: DIOD) downgraded by analysts.

Bank of America (NYSE:BAC) downgraded Archer Daniels Midland Company (ADM) from a “buy” rating to an “underperform” rating. They have a price target of $32.00 on the company.

Janney Montgomery Scott downgraded American Eagle (AEO) from a “buy” rating to a “neutral” rating. They have a price target $15.00 price target on the company.

ING Group downgraded BASF SE (BASFY) from a “buy” rating to a “hold” rating.

Craig Hallum downgraded Sotheby’s (BID) from a “buy” rating to an “accumulate” rating. They have a price target of $50.00 on the company.

BMO Capital Markets downgraded Diodes (DIOD) from an “outperform” rating to a “market perform” rating. They have a price target of $34.00 on the company.

Dividends from (AA) (ADM) (AMB) (AVP) (BAGL) Updated

Alcoa Inc. (NYSE:AA), Archer-Daniels-Midland (NYSE:ADM), AMB Property Corp (AMB), Avon Products (NYSE:AVP) and Einstein Noah Restaurant Group, Inc. BAGL announced dividend updates.

The Board of Directors of Alcoa (AA) declared a quarterly common stock dividend of 3 cents a share payable May 25, 2011 to shareholders of record at the close of business on May 16, 2011 and a quarterly dividend of 93.75 cents a share on Alcoa's $3.75 cumulative preferred stock payable July 1, 2011 to shareholders of record at the close of business on June 10, 2011.

The Board of Directors of Archer-Daniels-Midland (ADM) declared a cash dividend of 16 cents a share on the company's common stock payable on June 9, 2011, to Stockholders of record on May 19, 2011.

The Board of Directors of AMB Property Corporation (AMB) declared a regular cash dividend of $0.28 a common share. The dividend will be payable on May 25, 2011 to common stockholders of record at the close of business on May 16, 2011.

The Board of Directors of Avon Products (AVP) declared a regular cash dividend of $0.23 per common share. The dividend will be payable on 6/1/11 to common stockholders of record at the close of business on 5/19/11.

The Board of Directors of Einstein Noah Restaurant Group, Inc. (BAGL) declared a regular cash dividend of $0.125 per common share. The dividend will be payable on 7/15/11 to common stockholders of record at the close of business on 6/1/11.

Dividend Yields for (BF-B) (HRL) (ADM) (MJN) (TSN)

Indicated dividend yields for Standard & Poor's 500 Index companies Brown-Forman Corp (BF-B), Hormel Foods Corp (HRL), Archer-Daniels-Midland Co (ADM), Mead Johnson Nutrition Co (MJN) and Tyson Foods Inc (TSN) .

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.

Brown-Forman Corp (BF-B) has a dividend yield of 1.78 percent on a declared dividend of $0.32. The payout ratio is 136.1 percent.

Hormel Foods Corp (HRL) has a dividend yield of 1.74 percent on a declared dividend of $0.13. The payout ratio is 22.8 percent.

Archer-Daniels-Midland Co (ADM) has a dividend yield of 1.73 percent on a declared dividend of $0.16. The payout ratio is 13.1 percent.

Mead Johnson Nutrition Co (MJN) has a dividend yield of 1.55 percent on a declared dividend of $0.26. The payout ratio is 36.4 percent.


Tyson Foods Inc (TSN) has a dividend yield of 0.80 percent on a declared dividend of $0.04. The payout ratio is 5.0 percent.

Hedge U.S. Dollar with (C), (GM), (ADM)

With the endless printing of money by the Federal Reserve, the U.S. dollar continues to fall in value, and investors do need to protect themselves against that, with some suggesting blue chip stocks like Citigroup (NYSE:C), General Motors (NYSE:GM) and Archer Daniels Midland (NYSE:AMD) maybe being good hedges against the plunge of the greenback.

In times of crisis, such as is occurring in the Middle East and North Africa, the dollar has tended to strengthen (gold and silver are much better ) as investors take a "flight to quality." This time around, the dollar has failed to rally. The dollar is slowly losing its safe-haven status, and speculation has begun to build that a wide number of international transactions that have historically been conducted in dollars may soon be conducted in local currencies. That means the euro, the Chinese yuan, the yen and other currencies will increasingly be used to settle trades. And as fewer dollars are required to settle trades, demand for the greenback will drop yet further.

For U.S. companies, a weaker dollar is largely positive. Exports become more attractively priced abroad in local currency terms, while foreign importers are less able to beat their U.S. rivals on price in the United States.

General Motors and Archer Daniels Midland exports and the move by Citigroup to invest in emerging markets are the impetus behind the reason for suggesting the three stocks as potential hedges.

Archer Daniels Midland closed at $36.74, falling $0.21, or 0.57 percent. General Motors closed at $31.70, down $0.69, or 2.13 percent. Citigroup closed at $4.52, down $0.02, or 0.44 percent.




Source

Analysts Upbeat on Syngenta (SYT), Archer Daniels Midland (ADM), CF Industries (CF), Potash (POT), Deere (DE)

Potash (NYSE:POT), Syngenta (NYSE:SYT), Archer Daniels Midland (NYE:ADM), CF Industries Holdings (NYSE:CF) and Deere & Company (NYSE:DE) are five agriculture stocks with potential upside of 8%-21%. Being analysts' favorites, these stocks have no sell ratings.

The agriculture industry is the talk of the street since a few months now, as global food demand has elevated to historic highs. The beneficiaries of this trend include the farming industry, equipment suppliers, fertilizer and pesticide companies and other service providers.

Moreover, weather-related production shocks in major food exporting countries have triggered this crisis. On the demand side, rising income levels and a growing middle-class in emerging markets like China and India are pushing food demand further.

With the world facing tight supply conditions for milling-quality wheat, as Australian wheat production has downgraded and European supply is offline, the U.S. is now the best source for milling-quality wheat to meet increasing demand from North America and the Middle East. To benefit ethanol producers, the U.S. government has extended its 45 cents per gallon tax credit by a year.




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Archer Daniels Midland (NYSE:ADM) Getting Strong Revenue Tailwind from Corn/Soybeans

Archer Daniels Midland (NYSE:ADM) should continue to accelerate on the pricing tailwinds they received from corn and soybean prices in 2010.

Jefferies noted, "A lot of margin pushes and pulls, but a 30%+ Y/Y increase in corn/soybean prices should provide significant revenue tailwind and that ADM was well positioned in key commodities and our expectation for a big jump in Ag Services EBIT, and we think ADM could top the $0.80 Street estimate."

They raised their full year 2011 and full year 2012 estimates on ADM from $2.88 and $3.21 to $2.98 and $3.26.

Jefferies maintains their "Hold" rating on Archer Daniels Midland (ADM), which closed Thursday at $33.43, up $0.01, or 0.03 percent. Jefferies raised their price target on ADM from $34 to $36.

Archer Daniels Midland (NYSE:ADM), Bunge Ltd (NYSE:BG), Cargill Land Deal with Chinese Importers

With the backdrop of a huge and surprising deal by China to acquire soybeans from American farmers, valued at $6.7 billion, companies like Archer Daniels Midland (NYSE:ADM), Bunge Ltd (NYSE:BG) and Cargill signed deals with major Chinese importers, including COFCO and Sinograin.

The deal for soybeans by China was the largest it has ever entered in as a one-off deal.

Dealers responded saying they thought there would be a symbolic purchase of soybeans, but not a legitimate, major deal like the one entered into.

It is believed the Chinese made it over concerns soybean prices could rise significantly throughout 2011, so they locked in prices now.

The overall deal represents 11.5 million tons of soybeans to be delivered in 2011 incrementally. The overall total is enough to meet the import demand of the Chinese for up to three months.

Soybeans acquired by China will be for delivery in the 2011/12 (September-to-August) marketing year.

Prices for soybeans have reached a 30-month high in January on Chinese demand and production concerns in South America.

Archer Daniels Midland (NYSE:ADM) Lacks Short-term Catalysts

Archer Daniels Midland (NYSE:ADM) should remain somewhat benign going forward, as there are few, if any, short-term catalysts to indicate an upward move of significance.

Jefferies (NYSE:JEF) said, "We expect ADM's system processing volume growth to decelerate over the next two quarters as the company laps record U.S. soybean processing volumes and HFCS exports to Mexico, and in calendar 2H11 as ADM laps the addition of two new ethanol plants in summer 2010."

Jefferies initiated coverage on Archer Daniels Midland, starting them off with a "Hold" rating. ADM was trading at $30.38, up $0.16, or 0.53 percent, as of 1:52 PM EST. Jefferies has a price target on them of $34.

EPS estimates for full year 2011 and full year 2012 are $2.87/$65.9 billion and $3.20/$67.4 billion.

Potash (NYSE:POT), Monsanto (NYSE:MON), Mosaic (NYSE:MOS), CF Industries (NYSE:CF) Has Attractive Valuations Says Morgan Stanley (NYSE:MS)

Saying they believe corn prices at about $5 a bushel appear to be sustainable, Morgan Stanley (NYSE:MS) sees a number of companies in the agricultural sector doing well based on strong valuations, including Potash (NYSE:POT), Monsanto (NYSE:MON), Mosaic (NYSE:MOS) and CF Industries (NYSE:CF).

As far as processing companies, Morgan Stanley likes Archer Daniels Midland (NYSE:ADM) over competitors Corn Products (NYSE:CPO) or Bunge (NYSE:BG).

Potash was trading at $140.62, up by $0.37, or 0.26 percent at 12:00 PM EST. Monsanto was at $60.71, gaining $1.26, or 2.12 percent. Mosaic was at $70.01, dropping $0.04, or 0.06 percent. CF Industries was up to $118.09, rising by $0.38, or 0.32 percent.

Archer Daniels Midland traded at $29.61, down $0.05, or 0.17 percent.
Corn Products was at $44.75, falling by $0.54, or 1.19 percent. Bunge dropped to $61.09, down by $0.43, or 0.70 percent.