Astec Industries, Inc. (NASDAQ: ASTE), Gol Linhas Aereas Inteligentes SA (NYSE: GOL), Royal Caribbean Cruises Ltd. (NYSE: RCL), Rockwell Automation Inc (NYSE: ROK), VistaPrint (NASDAQ: VPRT) and Sierra Wireless, Inc. (NASDAQ: SWIR) downgraded by analysts.
Astec Industries, Inc. (ASTE) was downgraded by FBN Securities to a “Sector Perform” rating. They have a price target of $15.00 on the company.
Gol Linhas Aereas Inteligentes SA (GOL) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.
Royal Caribbean Cruises Ltd. (RCL) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.
Rockwell Automation Inc. (ROK) was downgraded by Societe Generale from a “Hold” rating to a “Sell” rating.
VistaPrint (VPRT) was downgraded by Oppenheimer from an “Outperform” rating to a “Perform” rating. They have a price target of $32.00 on the company, down from $64.00.
Sierra Wireless, Inc. (SWIR) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.
Monday, August 1, 2011
Astec (ASTE) (GOL) (RCL) (ROK) (VPRT) (SWIR) Downgraded
Friday, May 6, 2011
Price Targets On (SLG) (SMBL) (SWIR) (TMH) (WFMI) Updated
SL Green Realty Corp. (NYSE: SLG), Smart Balance Inc (NASDAQ: SMBL), Sierra Wireless, Inc. (NASDAQ: SWIR), Team Health Holdings (NYSE: TMH) and Whole Foods Market, Inc. (NASDAQ: WFMI) had price targets updated on them.
Barclays Capital raised their price target on SL Green Realty Corp. (SLG) from $71.00to $75.00. They have an “equal weight” rating on the company.
Northland Securities raised their price target on Smart Balance Inc (SMBL) from $5.00to $6.00. They have an “outperform” rating on the company.
Barclays Capital cut their price target on Sierra Wireless, Inc. (SWIR) from $12.00 to $10.00. They have an “equal weight” rating on the company.
Barclays Capital raised their price target on Team Health Holdings (TMH) from $22.00 to $26.00. They have an “overweight” rating on the company.
Barclays Capital raised their price target on Whole Foods Market, Inc. (WFMI) from $48.00 to $54.00. They have an “equal weight” rating on the company.
Thursday, January 6, 2011
Novatel (NASDAQ:NVTL) Lands Verizon (NYSE:VZ), Sprint (NYSE:S)
According to Jefferies (NYSE:JEF), Novatel (NASDAQ:NVTL) has landed a deal with Verizon (NYSE:VZ), has one about to go into effect with Sprint, and expects them to announce a deal with an unnamed European carrier sometime soon.
The deal with Sprint, which provides them with their mobile WiFi hotspot products, should replace the existing Overdrive from Sierra Wireless (NASDAQ:SWIR) they now use. That will launch on February 27.
For Verizon, they're expected to provide them with a LTE USB dongle modem that will be smaller and quicker than the one they're now using from LG. It's also expected to be less expensive as well. A MiFi LTE modem is also in the works for Verizon from Novatel in the early part of 2011 too.
Jefferies also noted, "Our checks indicate a European carrier could potentially announce a deal with NVTL in the next couple months for bundling MiFi with tablets."
Novatel was trading at $9.89, gaining $0.15, or 1.54 percent, as of 12:34 PM EST.
Tuesday, December 21, 2010
Cisco (Nasdaq:CSCO), Juniper (Nasdaq:JNPR), NetApp (Nasdaq:NTAP), QUALCOMM (Nasdaq:QCOM), Apple (Nasdaq:AAPL) Among Tech Top Picks for Canaccord
Canaccord Genuity remains bullish on most segments of the tech segment going into 2011, and among their many top picks are Cisco (Nasdaq:CSCO), Juniper (Nasdaq:JNPR), NetApp (Nasdaq:NTAP), QUALCOMM (Nasdaq:QCOM) and Apple (Nasdaq:AAPL).
"We remain positively disposed across most of technology. Sustainability of the 2010 momentum trade comes into greater question however, leaving stock picks gravitating to product cycles and GARP – particularly into stiffening first half comparables. Wireless, cloud infrastructure (SaaS) and New Media are expected to be sources of the most attractive secular growth, helping shape downstream opportunities in communications," said Canaccord.
Other 2011 stock picks include Smith Micro (Nasdaq:SMSI), Sierra Wireless (Nasdaq:SWIR), GeoEye (Nasdaq:GEOY), Constant Contact (Nasdaq:CTCT), Pegasystems (Nasdaaq:PEGA,) DigitalGlobe (Nasdaq:DGI), TeleNav (Nasdaq:TNAV), Trimble (Nasdaq:TRMB), Real Networks (Nasdaq:RNWK), Rovi (NYSE:ROVI), Atmel (Nasdaq:ATML), Atheros (Nasdaq:ATHR), Intersil (Nasdaq:ISIL) and (Nasdaq:NVDA)
Cisco was trading at $19.58, down $0.04, or 0.20 percent, as of 12:16 PM EST. Juniper was at $37.23, up $0.24, or 0.65 percent. NetApp was at $55.36, up $0.01, or 0.02 percent. QUALCOMM was trading at $49.85, up $0.41, or 0.83 percent. Apple was at $323.78, up $1.57, or 0.49 percent.