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.
Wednesday, August 31, 2011
PulteGroup (PHM) (MIPS) (BA) (BBT) (COCO) Upgraded
Thursday, August 25, 2011
Trina Solar (TSL) (CCMP) (TIN) (COCO) (MDT) (DXCM) Price Targets Changed
Trina Solar (NYSE: TSL), Cabot Microelectronics Co. (NASDAQ: CCMP), Temple-Inland (NYSE: TIN), Corinthian Colleges, Inc. (NASDAQ: COCO), Medtronic, Inc. (NYSE: MDT) and DexCom Inc (NASDAQ: DXCM) had their price targets adjusted by analysts.
Trina Solar (TSL) had its price target lowered by Ardour Capital from $30.00 to $24.00. They have a “Buy” rating on the company.
Cabot Microelectronics Co. (CCMP) had its price target lowered by Ticonderoga from $68.00 to $57.00. They have a “Buy” rating on the company.
Temple-Inland (TIN) had its price target lowered by Longbow Research from $35.00 to $27.00. They have a “Buy” rating on the company.
Corinthian Colleges, Inc. (COCO) had its price target lowered by FBR Capital from $4.00 to $1.75. They have an “Underperform” rating on the company.
Medtronic, Inc. (MDT) had its price target lowered by Morgan Keegan from $43.00 to $38.00. They have a “Market Perform” rating on the company.
DexCom Inc. (DXCM) had its price target lowered by Morgan Keegan from $18.00 to $15.00. They have an “Outperform” rating on the company.
Thursday, May 5, 2011
Price Targets on (AGN) (CBS) (COCO) (CPT) (EXBD) Updated by Analysts
Analysts updated the price targets on Allergan, Inc. (NYSE: AGN), CBS (NYSE: CBS), Corinthian Colleges, Inc. (NASDAQ: COCO), Camden Property Trust (NYSE: CPT) and The Corporate Executive Board Company (NASDAQ: EXBD).
Collins Stewart raised their price target on Allergan, Inc. (AGN) from $75.00 to $85.00. They have a “hold” rating on the company.
Barclays Capital raised their price target on CBS (CBS) from $25.00 to $30.00. They have an “equal weight” rating on the company.
Barclays Capital cut their price target on Corinthian Colleges, Inc. (COCO) from $4.00 to $3.00. They have an “underweight” rating on the company.
Barclays Capital raised their price target on Camden Property Trust (CPT) from $58.00 to $65.00. They have an “overweight” rating on the company.
Barclays Capital raised their price target on The Corporate Executive Board Company (EXBD) from $39.00 to $45.00. They have an “equal weight” rating on the company.
Wednesday, May 4, 2011
Price Targets On (CLX) (CNQR) (COCO) (COHR) (DOLE) Updated by Analysts
Analysts have updated their price targets on Clorox Co (NYSE: CLX), Concur Technologies, Inc. (NASDAQ: CNQR), Corinthian Colleges, Inc. (NASDAQ: COCO), Coherent, Inc. (NASDAQ: COHR) and Dole Food (NASDAQ: DOLE).
Goldman Sachs (NYSE:GS) cut their price target on Clorox Co (CLX) to $64.00. They have a “neutral” rating on the company. They lowered their EPS estimates on the company citing the catalyst of higher commodity costs.
FBR Capital raised their price target on Concur Technologies, Inc. (CNQR) from $58.00 to $60.00. They have an “outperform” rating on the company.
Credit Suisse (NYSE:CS) cut their price target on Corinthian Colleges, Inc. (COCO) to $4.00. They have a “neutral” rating on the company.
Longbow Research raised their price target on Coherent, Inc. (COHR) from $66.00 to $70.00. They have a “buy” rating on the company.
Goldman Sachs raised their price target on Dole Food (DOLE) to $14.00. They have a “neutral” rating on the company. They boosted their EPS estimates on the company, citing the stronger fresh fruit business.
Friday, December 31, 2010
Vision China Media (Nasdaq:VISN), Corinthian (Nasdaq:COCO), MBIA (NYSE:MBI), Anadarko (NYSE:APC) Among Top Movers Thursday
Vision China Media (Nasdaq:VISN), Corinthian Colleges Inc. (Nasdaq:COCO), MBIA (NYSE:MBI) and Anadarko Petroleum Corp. (NYSE:APC) were among the top movers Thursday.
Vision China Media soared on the news they were selling 15.3 million common shares to Hong Kong-based Focus Media Holding Ltd. for $61 million.
Corinthian Colleges Inc. got a 9.3 percent boost, probably a rebound from the 62 percent plunge they've went through in 2010 on fears over the effects of possible government regulation.
MBIA jumped 15 percent on news JPMorgan (NYSE:JPM) and Barclays (NYSE:BCS) withdrew from a lawsuit which challenged the restructuring plan of the company which separated their structured finance businesses from its municipal bond business. There are still over a dozen financial institutions suing them, although some seem to think this could result in others withdrawing as well.
For Anadarko Petroleum Corp., they jumped because of the unsubstantiated rumor BHP Billiton (NYSE:BHP) had made a $90 a share offer for the company, although the story from the Daily Mail didn't identify their sources.
Corinthian Colleges Inc. closed Thursday at $5.18, gaining $0.44, or 9.28 percent. Anadarko Petroleum Corp. closed at $75.59, gaining $4.86, or 6.87 percent. MBIA ended the session at $11.87, up $1.51, or 14.58 percent. Vision China Media closed trading at $4.67, up $0.80, or 20.67 percent.
Thursday, December 16, 2010
Corinthian (Nasdaq:COCO), ITT (NYSE:ESI) Added to "Short-Term Buy List" of Deutsche (NYSE:DB)
Deutsche Bank (NYSE:DB) announced they've added Corinthian Colleges (Nasdaq:COCO) and ITT Educational Services (NYSE:ESI) to their "Short-Term Buy List."
This has been a tough sector recently, with little in the way of catalysts to generate forward optimism.
Deutsche maintains a "Hold" rating on both the stocks.
Corinthian Colleges closed Wednesday at $4.36, down $0.01, or 0.23 percent. ITT Educational Services closed at $60.88, down $0.68, or 1.10 percent.
Deutsche has a price target on Corinthian of $5, and a price target on ITT of $50.
Friday, December 10, 2010
Netflix (NASDAQ:NFLX) Replaces Office Depot (NYSE:OD) on S&P 500
Several changes were made to the S&P 500 Thursday, with one of the more notable ones being the addition of Netflix (NASDAQ:NFLX), which will be replacing Office Depot (NYSE:OD) on the index.
Other changes made include the addition of Cablevision Systems Corp. (NYSE:CVC), which is replacing King Pharmaceuticals Inc. (NYSE:KG) because of being acquired by Pfizer (NYSE:PFE).
Also being dropped from the S&P is Eastman Kodak (NYSE:EK) and the New York Times (NYSE:NYT), who will be replaced by Newfield Exploration (NYSE:NFX) and F5 Networks (NASDAQ:FFIV).
Stocks removed from the S&P 500 will be lowered to the mid-cap 400 index.
Also noted in the S&P report was changes to the SmallCap 600, where Coldwater Creek Inc. (NASD:CWTR), Corinthian Colleges Inc. (NASD:COCO) and Wilmington Trust Corp. (NYSE:WL) will be replaced by East West Bancorp Inc. (NASD: EWBC), SM Energy Co. (NYSE:SM) and Concur Technologies Inc.
Those removed from the SmallCap 600 will be placed in the S&P MidCap 400.
Thursday, December 2, 2010
Corinthian Colleges (NASDAQ:COCO) Debacle Continues
Corinthian Colleges (NASDAQ:COCO) continues to operate under enormous strain, as their CEO stepped down after the board of the company requested him to.
"This is another negative development for COCO and the second top-level management change in as many months, after the resignation of President and COO Matt Ouimet in October. Waller had been COCO’s CEO since July 2009 after serving as President and COO from February 2006 to June 2009. In our view, although Massimino clearly has experience with the company and overall industry, the ongoing turmoil and regulatory pressures should continue to weigh on the shares. We believe the company’s aggressive recruiting of lower-quality students over the past few years has effectively boxed it in, pushing it right up against 90/10 limits (89.8% for FY10), and driving cohort default rates (CDRs) higher and repayment rates lower," said FBR.
An "Underperform" rating remains in place on Corinthian from FBR.
Corinthian Colleges closed Wednesday at $4.09, falling $0.05, or 1.21 percent.
They've traded in a 52-week range of $3.92 to $19.31, barely staying above their low.