Thursday, July 14, 2011

AMD (AMD) (ETFC) (HFC) (MU) (NVDA) Get New Coverage

Advanced Micro Devices (NYSE: AMD), E TRADE Financial Co. (NASDAQ: ETFC), HollyFrontier (NYSE: HFC), Micron Technology, Inc. (NYSE: MU) and NVIDIA (NASDAQ: NVDA) getting new coverage from analysts.

MKM Partners his initiated coverage on Advanced Micro Devices (AMD). They placed a "Sell" rating and a price target of $5.00 on the company.

BMO Capital Markets launched coverage on E TRADE Financial Co. (ETFC). They placed a "Market Perform" rating and a price target of $14.00 on the company.

Credit Suisse (NYSE:CS) initiated coverage on HollyFrontier (HFC). They placed an "outperform" rating and a price target of $95.00 on the company.

MKM Partners has started covering Micron Technology, Inc. (MU). They placed a "Neutral" rating and a price target of $8.00 on the company.

MKM Partners initiated coverage on NVIDIA (NVDA). They placed a "neutral" rating and a price target of $15.00 on the company.

Advanced Micro Devices closed Wednesday at $6.48, gaining $0.05, or 0.78 percent. E Trade closed at $13.19, falling $0.06, or 0.45 percent. HollyFrontier ended the session at $71.42, dropping $0.29, or 0.40 percent. Micron closed at $7.49, climbing $0.18, or 2.46 percent. NVIDIA closed at $14.66, down $0.03, or 0.20 percent.

Wednesday, July 13, 2011

Ratings on Cisco (CSCO) (MO) (VMW) (PEP) (NVLS) Reiterated by Analysts

Cisco Systems, Inc. (NASDAQ: CSCO), Altria Group (NYSE: MO), VMware, Inc. (NYSE: VMW), PepsiCo, Inc. (NYSE: PEP) and Novellus Systems, Inc. (NASDAQ: NVLS) had analysts reiterate their ratings on them.

Sterne Agee reiterated a "Buy" rating on Cisco Systems, Inc. (CSCO)

Morgan Stanley (NYSE:MS) reiterated an "Equal Weight rating on Altria Group (MO).

Deutsche Bank (NYSE:DB) maintains a "Buy" rating on VMWare (VMW). They have a price target of $135.00 on the company.

Morgan Stanley (NYSE:MS) reiterated an "Overweight" rating on PepsiCo (PEP).

Citigroup (NYSE:C) reiterated a "Hold" rating on Novellus Systems, Inc. (NVLS). They have a price target of $40.00 on the company.

VMWare closed Tuesday at $100.37, dropping $1.76, or 1.72 percent. Cisco Systems closed at $15.60, gaining $0.17, or 1.10 percent. Altria Group closed at $26.90, falling $0.03, or 0.11 percent. PepsiCo ended the day at $69.00, down $0.30, or 0.43 percent. Novellus Systems closed at $31.75, losing $4.02, or 11.24 percent.

Monday, July 11, 2011

Shaw (SHAW) (DTV) (CMCSA) (AMD) (WFM) Ratings Adjusted

Shaw Group (NYSE:SHAW), DirecTV (NASDAQ:DTV), Comcast (NASDAQ:CMCSA), Advanced Micro Devices (NYSE:AMD) and Whole Foods (NASDAQ:WFM) had ratings updated or changed by analysts.

DirecTV (DTV) is rated "Buy" at Brean Murray. They have a price target $62 on the company. DTV should enjoy growth in North America and Latin America markets.

Shaw Group (SHAW) was downgraded by Baird from "Outperform" to "Neutral." They have a price target of $34 on the company. Baird sees no significant catalysts in the short term.

Comcast (CMCSA) is rated "Buy" at Brean Murray. The core cable business of Comcast should be strong over the next year.

Advanced Micro Devices (AMD) was downgraded at JMP Securities from "Market Perform" to "Market Underperform." They have a price target of $4.50 on the company.

Whole Foods (WFM) was upgraded at Goldman Sachs (NYSE:GS) from "Neutral" to "Buy." They have a price target of $76 on the company. Goldman cited ability to boost margins as the catalyst.

Wednesday, July 6, 2011

Goldcorp (GG) (SSRI) (TC) (JBLU) (KBH) Downgraded

Goldcorp Inc. (NYSE: GG), Silver Standard Resources Inc. (NASDAQ: SSRI), Thompson Creek Metals Co Inc (NYSE: TC), Jetblue Airways (NASDAQ: JBLU) and KB Home (NYSE: KBH) were downgraded by analysts.

Deutsche Bank (NYSE:DB) downgraded Goldcorp Inc. (GG) from a “buy” rating to a “hold” rating.

Deutsche Bank downgraded Silver Standard Resources Inc. (SSRI) from a “buy” rating to a “hold” rating.

Deutsche Bank downgraded Thompson Creek Metals (TC) from a “buy” rating to a “hold” rating.

Morgan Stanley (NYSE:MS) downgraded Jetblue Airways Corporation (JBLU) to an “underweight” rating.

Keefe, Bruyette & Woods downgraded KB Home (KBH) from a “market perform” rating to an “underperform” rating. They have a price target of $9.00 on the company, down from $13.00.

Goldcorp closed Tuesday at $49.32, gaining $1.88, or 3.96 percent. Silver Standard Resources closed at $27.02, jumping $0.75, or 2.85 percent. Thompson Creek Metals closed at $10.10, falling $0.03, or 0.30 percent. Jetblue Airways ended the day at $5.96, losing $0.29, or 4.64 percent. KB Home closed at $9.92, down $0.25, or 2.46 percent.

Tuesday, July 5, 2011

Exxon (XOM) Spill Estimated at Up to 1,000 Barrels

Exxon Mobil (NYSE:XOM) has stopped the oil spill in the Yellowstone River, with estimates the amount of oil escaping into the river was at worst, about 1,000 barrels.

Company spokesman Alan Jeffers said, "It's unlikely there's any oil in the water at this point." Adding, "That doesn't mean we know where it all is." According to Jeffers there were 125 workers on the ground on Monday. He concluded it's not likely the river will suffer further impact from the spill.

Exxon officials, along with the government, speculate the cause of the spill was debris from the river bottom damaging the pipeline as it became exposed because of high waters. That has yet to be confirmed.

Exxon said on Monday they've only found one incident of wildlife damage that has been reported. That hasn't kept the media from running a picture of one turtle and some pelicans with alleged oil on them.

Representatives from International Bird Rescue were coming to the area in order to assist in case "any wildlife rescues that might arise." That can't be taken seriously with the little damage in that regard, and can only be considered a media opportunity to raise money.

These so-called rescuers need to go the the "green" industry in order to save birds, which are destroyed by the hundreds of thousands every year in America by wind turbines.

A few pictures of the mangled bodies of bats and birds will change the perception of the wind industry, rather than the few pictures of animals and birds that occasionally get harmed from oil spills.

As for the spill in the Yellowstone River, the length of the spill is all over the map, as it has been said to spread from 10 miles to up to 100 miles across the river.

Friday, July 1, 2011

Hess (HES) (BAC) (MON) (MRO) (EPB) (NGLS) Ratings and Price Targets

Bank of America (NYSE:BAC) upgraded Hess Corp (NYSE: HES) from a “neutral” rating to a “buy” rating. They have a price target price target of $104.00 on the company.

Citigroup (NYSE:C) reiterated a “buy” rating on shares of Bank of America (NYSE: BAC).

Wunderlich reiterated a “buy” rating on shares of El Paso Pipeline Partners (NYSE: EPB). They have a price target of $42.00 on the company.

Morgan Stanley (NYSE:MS) reiterated an “overweight” rating on of Monsanto Co. (NYSE: MON). They have a price target of $77.00 on the company.

Bank of America reiterated a “buy” rating on shares of Targa Resources Partners LP (NASDAQ: NGLS).

Oppenheimer cut their price target on Marathon Oil Co. (NYSE: MRO) from $62.00 to $40.00. They have an “outperform” rating on the company.