Revenue for investment banks from commodities dropped in 2012, with intrusive regulations and increased capital requirements resulting in less interest from clients. Another factor was volatility for the year was relatively low, also affecting interest in the sector.
The drop was a huge 25 percent from 2011, with revenue coming in at $6 billion for 2012, down significantly from the $8 billion in revenue generated the year before.
Ten banks were by consultant Coalition, including Bank of America/Merrill Lynch (BAC), Barclays (BCS), Citigroup (C), Credit Suisse (CS), Deutsche Bank (DB), JP Morgan (JPM), RBS (RBS), Goldman Sachs (GS), Morgan Stanley (MS) and UBS (UBS).
A report released by Coalition said, "Low volatility and reduced client activity led to a 24 per cent drop in revenues. Energy, investor products and precious metals options businesses were notably affected.
"Performance was also subdued by ongoing concerns about increased regulation and capital sensitivity, pushing banks to re-evaluate their commodities strategies."
In its quarterly results last month, Morgan Stanley said the commodity revenue for the fourth quarter was the lowest since 1995.
Showing posts with label Bank of America. Show all posts
Showing posts with label Bank of America. Show all posts
Thursday, February 14, 2013
Friday, September 14, 2012
CF (CF) (HFC) (PCL) (PFC) (CNX) Ratings Changes
CF Industries Holdings Inc (CF), HollyFrontier Corp (HFC), Plum Creek Timber Co. (PCL), Petrofac Ltd (PFC) and CONSOL Energy Inc. (CNX) had ratings on them changed or initiated by analysts.
JPMorgan Chase (JPM) upgraded CF Industries Holdings Inc (CF) from a "Neutral" rating to an "Overweight" rating. They have a price target of $253.00 on the company.
Wells Fargo & Co. (WFC) upgraded HollyFrontier Corp (HFC) from a "Market Perform" rating to an "Outperform" rating.
Bank of America (BAC) upgraded Plum Creek Timber Co. (PCL) from an "Underperform" rating to a "Neutral" rating. They have a price target of $47.00 on the company.
Investec upgraded Petrofac Ltd (PFC) to a "Buy" rating. They have a price target of $32.26 on the company.
Global Hunter Securities initiated coverage on CONSOL Energy Inc. (CNX). They have a "Neutral" rating and a price target of $35.00 on the company.
JPMorgan Chase (JPM) upgraded CF Industries Holdings Inc (CF) from a "Neutral" rating to an "Overweight" rating. They have a price target of $253.00 on the company.
Wells Fargo & Co. (WFC) upgraded HollyFrontier Corp (HFC) from a "Market Perform" rating to an "Outperform" rating.
Bank of America (BAC) upgraded Plum Creek Timber Co. (PCL) from an "Underperform" rating to a "Neutral" rating. They have a price target of $47.00 on the company.
Investec upgraded Petrofac Ltd (PFC) to a "Buy" rating. They have a price target of $32.26 on the company.
Global Hunter Securities initiated coverage on CONSOL Energy Inc. (CNX). They have a "Neutral" rating and a price target of $35.00 on the company.
Thursday, August 30, 2012
Yingli (YGE) (CVE) (WPX) (OILT) (NRP) (PWE) (QRE) Ratings Changes and Initiations
Yingli Green Energy Hold. Co. Ltd. (YGE), Cenovus Energy (CVE), WPX Energy (WPX), Oiltanking Partners (OILT), Natural Resource (NRP), Penn West Energy Trust (PWE) and QR Energy LP (QRE) had ratings changed or initiated on them.
Barclays Capital upgraded Cenovus Energy (CVE) from an "Equal Weight" rating to an "Overweight" rating. They have a price target of $41.00 on the company.
Barclays Capital upgraded WPX ENERGY INC (WPX) from an "Equal Weight" rating to an "Overweight" rating. They have a price target of $18.00 on the company.
Bank of America (BAC) downgraded Oiltanking Partners (OILT) from a "Buy" rating to a "Neutral" rating.
ThinkEquity downgraded Yingli Green Energy Hold. Co. Ltd. (YGE) from a "Hold" rating to a "Sell" ratng. The slashed their price target from $3.00 to $1.00 a share.
Dahlman Rose initiated coverage on Natural Resource (NRP). They placed a "Hold" rating on the company.
Deutsche Bank (DB) initiated coverage on Penn West Energy Trust (PWE). They placed a "Hold" rating on the company.
JPMorgan Chase (JPM) initiated coverage on QR Energy LP (QRE). They placed an "Overweight" rating and price target of $21.00 on the company.
Barclays Capital upgraded Cenovus Energy (CVE) from an "Equal Weight" rating to an "Overweight" rating. They have a price target of $41.00 on the company.
Barclays Capital upgraded WPX ENERGY INC (WPX) from an "Equal Weight" rating to an "Overweight" rating. They have a price target of $18.00 on the company.
Bank of America (BAC) downgraded Oiltanking Partners (OILT) from a "Buy" rating to a "Neutral" rating.
ThinkEquity downgraded Yingli Green Energy Hold. Co. Ltd. (YGE) from a "Hold" rating to a "Sell" ratng. The slashed their price target from $3.00 to $1.00 a share.
Dahlman Rose initiated coverage on Natural Resource (NRP). They placed a "Hold" rating on the company.
Deutsche Bank (DB) initiated coverage on Penn West Energy Trust (PWE). They placed a "Hold" rating on the company.
JPMorgan Chase (JPM) initiated coverage on QR Energy LP (QRE). They placed an "Overweight" rating and price target of $21.00 on the company.
Friday, February 10, 2012
Cisco Systems, Inc. (CSCO) Ratings, Price Targets
Cisco Systems, Inc. (NASDAQ: CSCO) had ratings and price targets on it adjusted by analysts.
Cisco Systems, Inc. (CSCO) had its price target raised by Deutsche Bank (NYSE:DB) from $22.00 to $24.00. They have a “Buy” rating on the stock.
Cisco Systems, Inc. had its price target raised by Oppenheimer (NYSE:OPY) from $21.00 to $23.00. They have an “Outperform” rating on the stock.
Cisco Systems, Inc. had its price target raised by Wunderlich from $22.00 to $24.00. They have a “Buy” rating on the stock.
Cisco Systems, Inc. had its price target raised by Goldman Sachs (NYSE:GS) from $22.00 to $25.00. They have a “Buy” rating on the stock.
Cisco Systems, Inc. had its price target raised by Evercore Partners from $25.00 to $26.00. They have an “Overweight” rating on the stock.
Cisco Systems, Inc. had its price target raised by Bank of America (NYSE:BAC) from $22.00 to $24.00. They have a “Buy” rating on the stock.
Cisco Systems, Inc. had its price target raised by FBN Securities from $25.00 to $27.00. They have an “Outperform” rating on the stock.
Cisco Systems, Inc. had its price target raised by Morgan Keegan from $25.00 to $25.50. They have an “Outperform” rating on the stock.
Cisco Systems, Inc. had its price target raised by Miller Tabak from $19.00 to $21.00. They have a “Hold” rating on the stock.
Cisco Systems, Inc. (CSCO) had its price target raised by Deutsche Bank (NYSE:DB) from $22.00 to $24.00. They have a “Buy” rating on the stock.
Cisco Systems, Inc. had its price target raised by Oppenheimer (NYSE:OPY) from $21.00 to $23.00. They have an “Outperform” rating on the stock.
Cisco Systems, Inc. had its price target raised by Wunderlich from $22.00 to $24.00. They have a “Buy” rating on the stock.
Cisco Systems, Inc. had its price target raised by Goldman Sachs (NYSE:GS) from $22.00 to $25.00. They have a “Buy” rating on the stock.
Cisco Systems, Inc. had its price target raised by Evercore Partners from $25.00 to $26.00. They have an “Overweight” rating on the stock.
Cisco Systems, Inc. had its price target raised by Bank of America (NYSE:BAC) from $22.00 to $24.00. They have a “Buy” rating on the stock.
Cisco Systems, Inc. had its price target raised by FBN Securities from $25.00 to $27.00. They have an “Outperform” rating on the stock.
Cisco Systems, Inc. had its price target raised by Morgan Keegan from $25.00 to $25.50. They have an “Outperform” rating on the stock.
Cisco Systems, Inc. had its price target raised by Miller Tabak from $19.00 to $21.00. They have a “Hold” rating on the stock.
Thursday, February 2, 2012
CRH (CRH) (JCP) (LQDT) (FTNT) (WDR) (EQY) Ratings, Price Targets
CRH PLC (NYSE: CRH), J.C. Penney Company, Inc. (NYSE: JCP), Liquidity Services (NASDAQ: LQDT), Fortinet, Inc. (NASDAQ: FTNT), Waddell & Reed Financial, Inc. (NYSE: WDR) and Equity One, Inc. (NYSE: EQY) ratings and price targets.
J.C. Penney Company, Inc. (JCP) had its “Neutral” rating reiterated by Nomura (NYSE:NMR).
Liquidity Services (LQDT) had its “Outperform” rating reiterated by Oppenheimer.
Fortinet, Inc. (FTNT) had its price target raised by Stifel Nicolaus to $32.00.
Waddell & Reed Financial, Inc. (WDR) had its price target lowered by Bank of America (NYSE:BAC) to $36.00.
CRH PLC (CRH) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Underweight” rating.
Equity One, Inc. (EQY) was downgraded by Bank of America from a “Neutral” rating to an “Underperform” rating.
J.C. Penney Company, Inc. (JCP) had its “Neutral” rating reiterated by Nomura (NYSE:NMR).
Liquidity Services (LQDT) had its “Outperform” rating reiterated by Oppenheimer.
Fortinet, Inc. (FTNT) had its price target raised by Stifel Nicolaus to $32.00.
Waddell & Reed Financial, Inc. (WDR) had its price target lowered by Bank of America (NYSE:BAC) to $36.00.
CRH PLC (CRH) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Underweight” rating.
Equity One, Inc. (EQY) was downgraded by Bank of America from a “Neutral” rating to an “Underperform” rating.
Tuesday, January 31, 2012
Acme (APKT) (REGN) (SIVB) (TNB) (CMI) (GEVA) Ratings, Price Targets
Acme Packet, Inc. (NASDAQ: APKT), Regeneron Pharma (NASDAQ: REGN), SVB Financial Group (NASDAQ: SIVB), Thomas & Betts Co. (NYSE: TNB), Cummins (NYSE: CMI) and Synageva BioPharma (NASDAQ: GEVA) ratings and price targets.
Regeneron Pharma (REGN) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.
SVB Financial Group (SIVB) was upgraded by FIG Partners to an “Outperform” rating.
Thomas & Betts Co. (TNB) was upgraded by Macquarie to a “Neutral” rating.
Morgan Stanley (NYSE:MS) initiated coverage on Acme Packet, Inc. (APKT). They placed an “Equal Weight” rating on the company.
William Blair initiated coverage on Cummins (NYSE: CMI). They placed a “Market Perform” rating on the company.
Cowen initiated coverage on Synageva BioPharma (GEVA). They placed an “Outperform” rating on the company.
Regeneron Pharma (REGN) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.
SVB Financial Group (SIVB) was upgraded by FIG Partners to an “Outperform” rating.
Thomas & Betts Co. (TNB) was upgraded by Macquarie to a “Neutral” rating.
Morgan Stanley (NYSE:MS) initiated coverage on Acme Packet, Inc. (APKT). They placed an “Equal Weight” rating on the company.
William Blair initiated coverage on Cummins (NYSE: CMI). They placed a “Market Perform” rating on the company.
Cowen initiated coverage on Synageva BioPharma (GEVA). They placed an “Outperform” rating on the company.
Friday, January 13, 2012
JA Solar (JASO) (LNT) (D) (ECA) (ED) (EXC) Ratings, Price Targets
JA Solar (NASDAQ: JASO), Alliant Energy (NYSE: LNT), Dominion Resources, Inc. (NYSE: D), EnCana Co. (NYSE: ECA), Consolidated Edison, Inc. (NYSE: ED) and Exelon Co. (NYSE: EXC) ratings and price targets.
JA Solar (JASO) was downgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Underperform” rating.
Alliant Energy (LNT) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $28.00 on the company.
Dominion Resources, Inc. (D) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Underweight” rating.
EnCana Co. (ECA) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.
Consolidated Edison, Inc. (ED) was downgraded by JPMorgan Chase & Co. from a “Neutral” rating to an “Underweight” rating.
Deere & Company (DE) had its price target raised by Jefferies Group (NYSE:JEF) to $83.00. They have a “Hold” rating on the company.
Exelon Co. (EXC) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to a “Neutral” rating.
JA Solar (JASO) was downgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Underperform” rating.
Alliant Energy (LNT) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $28.00 on the company.
Dominion Resources, Inc. (D) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Underweight” rating.
EnCana Co. (ECA) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.
Consolidated Edison, Inc. (ED) was downgraded by JPMorgan Chase & Co. from a “Neutral” rating to an “Underweight” rating.
Deere & Company (DE) had its price target raised by Jefferies Group (NYSE:JEF) to $83.00. They have a “Hold” rating on the company.
Exelon Co. (EXC) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to a “Neutral” rating.
Thursday, January 5, 2012
AK Steel (AKS) (ATW) (TSCO) (OILT) (WPX) (NBL) Ratings, Price Targets
AK Steel Holding Co. (NYSE: AKS), Atwood Oceanics, Inc. (NYSE: ATW), Tractor Supply Co. (NASDAQ: TSCO), Oiltanking Partners (NASDAQ: OILT), WPX ENERGY Inc. (NYSE: WPX) and Noble Energy (NYSE: NBL) ratings and price targets.
AK Steel Holding Co. (AKS) was upgraded by Bank of America (NYSE:BAC) from an “Underperform” rating to a “Neutral” rating.
Atwood Oceanics, Inc. (ATW) had its “Buy” rating reiterated by Canaccord Genuity.
Tractor Supply Co. (TSCO) had its “Overweight” rating reiterated by JPMorgan Chase & Co. (NYSE:JPM). They have a price target of $81.00 on the company.
Oiltanking Partners (OILT) is now covered by Bank of America. They have a “Buy” rating on the company.
WPX ENERGY Inc. (WPX) is now covered by Susquehanna. They have a “Neutral” rating on the company.
Noble Energy (NBL) had its price target raised by RBC Capital from $125.00 to $130.00. They have an “Outperform” rating on the company.
AK Steel Holding Co. (AKS) was upgraded by Bank of America (NYSE:BAC) from an “Underperform” rating to a “Neutral” rating.
Atwood Oceanics, Inc. (ATW) had its “Buy” rating reiterated by Canaccord Genuity.
Tractor Supply Co. (TSCO) had its “Overweight” rating reiterated by JPMorgan Chase & Co. (NYSE:JPM). They have a price target of $81.00 on the company.
Oiltanking Partners (OILT) is now covered by Bank of America. They have a “Buy” rating on the company.
WPX ENERGY Inc. (WPX) is now covered by Susquehanna. They have a “Neutral” rating on the company.
Noble Energy (NBL) had its price target raised by RBC Capital from $125.00 to $130.00. They have an “Outperform” rating on the company.
Tuesday, November 15, 2011
Regeneron (REGN) (RVBD) (SDT) (CATM) (CFX) (CHKM) Ratings, Price Targets
Regeneron Pharma (REGN), Riverbed Technology, Inc. (RVBD), SandRidge Mississippian Trust I (SDT), Cardtronics (CATM), Colfax Co. (CFX) and Chesapeake Midstream Partners LP (CHKM) ratings and price targets.
Bank of America (NYSE:BAC) reiterated its “Underperform” rating on Regeneron Pharma (REGN). They have a price target of $62.00 on the company.
RBC Capital upgraded shares of Riverbed Technology, Inc. (RVBD) from a “sector perform” rating to an “outperform” rating. The firm has a $35.00 price target on the company, up from $28.00.
Wunderlich reiterated its “Buy” rating on SandRidge Mississippian Trust I (SDT). They have a price target of $27.75 on the company.
Barrington Research raised its price target on Cardtronics (CATM) from $28.00 to $32.00. They have an “Outperform” rating on the company.
UBS AG (NYSE:UBS) upgraded Colfax Co. (CFX) from a “Neutral” rating to a “Buy” rating.
Goldman Sachs (NYSE:GS) upgraded Chesapeake Midstream Partners LP (CHKM) from a “Neutral” rating to a “Buy” rating.
Bank of America (NYSE:BAC) reiterated its “Underperform” rating on Regeneron Pharma (REGN). They have a price target of $62.00 on the company.
RBC Capital upgraded shares of Riverbed Technology, Inc. (RVBD) from a “sector perform” rating to an “outperform” rating. The firm has a $35.00 price target on the company, up from $28.00.
Wunderlich reiterated its “Buy” rating on SandRidge Mississippian Trust I (SDT). They have a price target of $27.75 on the company.
Barrington Research raised its price target on Cardtronics (CATM) from $28.00 to $32.00. They have an “Outperform” rating on the company.
UBS AG (NYSE:UBS) upgraded Colfax Co. (CFX) from a “Neutral” rating to a “Buy” rating.
Goldman Sachs (NYSE:GS) upgraded Chesapeake Midstream Partners LP (CHKM) from a “Neutral” rating to a “Buy” rating.
Thursday, November 3, 2011
Genomic (GHDX) (DMND) (CECO) (GEOY) (OPEN) Ratings Changed
Genomic Health, Inc. (NASDAQ: GHDX), Diamond Foods (NASDAQ: DMND), Career Education Corp. (NASDAQ: CECO), GeoEye (NASDAQ: GEOY) and OpenTable Inc (NASDAQ: OPEN) had ratings on them adjusted by analysts.
Genomic Health, Inc. (GHDX) was upgraded by Ladenburg Thalmann from a “Neutral” rating to a “Buy” rating. They have a price target of $26.00 on the company.
Diamond Foods (DMND) was downgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $57.00 on the company, down from $100.00.
Career Education Corp. (CECO) was downgraded by First Analysis to an “Underweight” rating.
GeoEye (GEOY) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating. They have a price target of $33.00 on the company, down from $45.25.
OpenTable Inc. (OPEN) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to a “Neutral” rating. They have a price target of $48.00 on the company.
Genomic Health, Inc. (GHDX) was upgraded by Ladenburg Thalmann from a “Neutral” rating to a “Buy” rating. They have a price target of $26.00 on the company.
Diamond Foods (DMND) was downgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $57.00 on the company, down from $100.00.
Career Education Corp. (CECO) was downgraded by First Analysis to an “Underweight” rating.
GeoEye (GEOY) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating. They have a price target of $33.00 on the company, down from $45.25.
OpenTable Inc. (OPEN) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to a “Neutral” rating. They have a price target of $48.00 on the company.
Emerson (EMR) (TLEO) (VRUS) (BHI) (BPI) (ATML) Price Targets Changed
Emerson Electric Co. (NYSE: EMR), Taleo Corp. (NASDAQ: TLEO), Pharmasset (VRUS), Baker Hughes (NYSE: BHI), Bridgepoint Education Inc. (NYSE: BPI) and Atmel (NASDAQ: ATML) had price targets on them adjusted by analysts.
Emerson Electric Co. (EMR) had its price target raised by UBS AG (NYSE:UBS) to $51.00. They have a “Neutral” rating on the company.
Taleo Corp. (TLEO) had its price target raised by Stifel Nicolaus from $35.00 to $37.00. They have a “Buy” rating on the company.
Pharmasset (VRUS) had its price target raised by UBS AG from $95.00 to $99.00. They have a “Buy” rating on the company.
Baker Hughes (BHI) had its price target lowered by Bank of America (NYSE:BAC) to $85.00.
Bridgepoint Education Inc. (BPI) had its price target raised by Wunderlich from $31.00 to $33.00. They have a “Buy” rating on the company.
Atmel (ATML) had its price target lowered by Rodman & Renshaw to $12.00.
Emerson Electric Co. (EMR) had its price target raised by UBS AG (NYSE:UBS) to $51.00. They have a “Neutral” rating on the company.
Taleo Corp. (TLEO) had its price target raised by Stifel Nicolaus from $35.00 to $37.00. They have a “Buy” rating on the company.
Pharmasset (VRUS) had its price target raised by UBS AG from $95.00 to $99.00. They have a “Buy” rating on the company.
Baker Hughes (BHI) had its price target lowered by Bank of America (NYSE:BAC) to $85.00.
Bridgepoint Education Inc. (BPI) had its price target raised by Wunderlich from $31.00 to $33.00. They have a “Buy” rating on the company.
Atmel (ATML) had its price target lowered by Rodman & Renshaw to $12.00.
Wednesday, November 2, 2011
Leap (LEAP) (CVC) (IART) (HUM) (EXEL) (ALU) Price Targets Changed
Leap Wireless (NASDAQ: LEAP), Cablevision (NYSE: CVC), Integra LifeSciences (NASDAQ: IART), Humana (NYSE: HUM), Exelixis, Inc. (NASDAQ: EXEL) and Alcatel Lucent (NYSE: ALU) had price targets on them adjusted by analysts.
Leap Wireless (LEAP) had its price target raised by Hudson Square Research from $15.00 to $18.00. They have a “Buy” rating on the company.
Cablevision (CVC) had its price target lowered by RBC Capital from $28.00 to $23.00. They have an “Outperform” rating on the company.
Integra LifeSciences (IART) had its price target lowered by RBC Capital from $43.00 to $40.00. They have a “Sector Perform” rating on the company.
Humana (HUM) had its price target raised by Bank of America (NYSE:BAC) to $99.00.
Exelixis, Inc. (EXEL) had its price target lowered by Goldman Sachs (NYSE:GS) to $6.00.
Alcatel Lucent (ALU) was downgraded by MKM Partners to a “Neutral” rating.
Leap Wireless (LEAP) had its price target raised by Hudson Square Research from $15.00 to $18.00. They have a “Buy” rating on the company.
Cablevision (CVC) had its price target lowered by RBC Capital from $28.00 to $23.00. They have an “Outperform” rating on the company.
Integra LifeSciences (IART) had its price target lowered by RBC Capital from $43.00 to $40.00. They have a “Sector Perform” rating on the company.
Humana (HUM) had its price target raised by Bank of America (NYSE:BAC) to $99.00.
Exelixis, Inc. (EXEL) had its price target lowered by Goldman Sachs (NYSE:GS) to $6.00.
Alcatel Lucent (ALU) was downgraded by MKM Partners to a “Neutral” rating.
Friday, October 28, 2011
Potash (POT) (PTEN) (SCHN) (LL) (MDR) (NANO) Downgraded
Potash Corp (NYSE: POT), Patterson-UTI (NASDAQ: PTEN), Schnitzer Steel (NASDAQ: SCHN), Lumber Liquidators (NYSE: LL), McDermott International (NYSE: MDR) and Nanometrics Inc (NASDAQ: NANO) get analyst downgrades.
Scotia Capital downgraded Potash Corp (POT) to a “Sector Perform” rating.
Global Hunter Securities downgraded Patterson-UTI (PTEN) from an “Accumulate” rating to a “Neutral” rating. They have a price target of $24.00 on them.
Bank of America (NYSE:BAC) downgraded Schnitzer Steel (SCHN) from a “Buy” rating to a “Neutral” rating.
Longbow Research downgraded Lumber Liquidators (LL) from a “Buy” rating to a “Neutral” rating.
Morgan Stanley (NYSE:MS) downgraded McDermott International (MDR) from an “Overweight” rating to an “Underweight” rating. They have a price target of $12.00 on them.
Piper Jaffray downgraded Nanometrics Inc. (NANO) from an “Overweight” rating to a “Neutral” rating. They have a price target of $18.00 on them.
Scotia Capital downgraded Potash Corp (POT) to a “Sector Perform” rating.
Global Hunter Securities downgraded Patterson-UTI (PTEN) from an “Accumulate” rating to a “Neutral” rating. They have a price target of $24.00 on them.
Bank of America (NYSE:BAC) downgraded Schnitzer Steel (SCHN) from a “Buy” rating to a “Neutral” rating.
Longbow Research downgraded Lumber Liquidators (LL) from a “Buy” rating to a “Neutral” rating.
Morgan Stanley (NYSE:MS) downgraded McDermott International (MDR) from an “Overweight” rating to an “Underweight” rating. They have a price target of $12.00 on them.
Piper Jaffray downgraded Nanometrics Inc. (NANO) from an “Overweight” rating to a “Neutral” rating. They have a price target of $18.00 on them.
Friday, September 23, 2011
Diamond (DMND) (CMTL) (WFSL) (CRARY) (URBN) (FWRD) Downgraded
Diamond Foods (NASDAQ: DMND), Comtech Telecom (NASDAQ: CMTL), Washington Federal Inc. (NASDAQ: WFSL), CREDIT AGRICOLE SA (OTC: CRARY), Urban Outfitters, Inc. (NASDAQ: URBN) and Forward Air (NASDAQ: FWRD) were downgraded by analysts.
Diamond Foods (DMND) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating. They have a price target of $94.00 on the company.
Comtech Telecom (CMTL) was downgraded by Needham & Company from a “Buy” rating to a “Hold” rating.
Washington Federal Inc. (WFSL) was downgraded by Macquarie to a “Neutral” rating.
CREDIT AGRICOLE SA (CRARY) was downgraded by Macquarie from an “Outperform” rating to an “Underperform” rating.
Urban Outfitters, Inc. (URBN) was downgraded by Wedbush from a “Neutral” rating to an “Underperform” rating. They have a price target $20.00 on the company, down from $30.00.
Forward Air (FWRD) was downgraded by Bank of America (NYSE:BAC) to an “Underperform” rating. They have a price target of $28.00 on the company.
Diamond Foods (DMND) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating. They have a price target of $94.00 on the company.
Comtech Telecom (CMTL) was downgraded by Needham & Company from a “Buy” rating to a “Hold” rating.
Washington Federal Inc. (WFSL) was downgraded by Macquarie to a “Neutral” rating.
CREDIT AGRICOLE SA (CRARY) was downgraded by Macquarie from an “Outperform” rating to an “Underperform” rating.
Urban Outfitters, Inc. (URBN) was downgraded by Wedbush from a “Neutral” rating to an “Underperform” rating. They have a price target $20.00 on the company, down from $30.00.
Forward Air (FWRD) was downgraded by Bank of America (NYSE:BAC) to an “Underperform” rating. They have a price target of $28.00 on the company.
Wednesday, September 21, 2011
VMware (VMW) (ABT) (VC) (AOS) (TPX) (APA) (CARB) Get New Coverage
VMware (NYSE:VMW), Abbott Laboratories (NYSE:ABT), Visteon (NYSE:VC), A.O. Smith (NYSE:AOS), Tempur-Pedic International (NYSE:TPX), Apache (NYSE:APA) and Carbonite, Inc. (NASDAQ:CARB) getting new coverage from analysts.
Merriman initiated coverge on VMware (VMW). They have a "Buy" rating on the company.
Jefferies (NYSE:JEF) initiated coverge on Abbott Laboratories (ABT). They have a "Buy" rating and a price target of $60 on the company.
Bank of America (NYSE:BAC) initiated coverge on Visteon (VC). They have a "Buy" rating on the company.
William Blair initiated coverge on A.O. Smith (AOS). They have an "Outperform" rating on the company.
Goldman Sachs initiated coverge on Tempur-Pedic International (TPX). They have a "Neutral" rating on the company.
Deutsche Bank (NYSE:DB) initiated coverge on Apache (APA). They have a "Buy" rating and a price target of $126 on the company.
Oppenheimer initiated coverge on Carbonite, Inc. (CARB). They have an "Outperform" rating and a price target of $17 on the company.
Merriman initiated coverge on VMware (VMW). They have a "Buy" rating on the company.
Jefferies (NYSE:JEF) initiated coverge on Abbott Laboratories (ABT). They have a "Buy" rating and a price target of $60 on the company.
Bank of America (NYSE:BAC) initiated coverge on Visteon (VC). They have a "Buy" rating on the company.
William Blair initiated coverge on A.O. Smith (AOS). They have an "Outperform" rating on the company.
Goldman Sachs initiated coverge on Tempur-Pedic International (TPX). They have a "Neutral" rating on the company.
Deutsche Bank (NYSE:DB) initiated coverge on Apache (APA). They have a "Buy" rating and a price target of $126 on the company.
Oppenheimer initiated coverge on Carbonite, Inc. (CARB). They have an "Outperform" rating and a price target of $17 on the company.
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.
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.
Wednesday, June 8, 2011
Ratings on (CVE) (CPO) (XLNX) (CRH) (PLD) Upgraded
Ratings on Cenovus Energy Inc (NYSE: CVE), Corn Products International, Inc. (NYSE: CPO), Xilinx, Inc. (NASDAQ: XLNX), CRH PLC (NYSE: CRH) and ProLogis (NYSE: PLD) were upgraded by analysts.
Macquarie upgraded Cenovus Energy Inc (CVE) from a “neutral” rating to an “outperform” rating.
Deutsche Bank (NYSE:DB) upgraded Corn Products International, Inc. (CPO) from a “hold” rating to a “buy” rating.
Goldman Sachs (NYSE:GS) upgraded Xilinx, Inc. (XLNX) from a “sell” rating to a “neutral” rating. They have a price target of $33.00 on the company.
Credit Suisse (NYSE:CS) upgraded CRH PLC (CRH) from a “neutral” rating to an “outperform” rating.
Bank of America (NYSE:BAC) upgraded ProLogis (PLD) from a “neutral” rating to a “buy” rating. They have a price target of $39.00 on the company, up from $37.00.
Macquarie upgraded Cenovus Energy Inc (CVE) from a “neutral” rating to an “outperform” rating.
Deutsche Bank (NYSE:DB) upgraded Corn Products International, Inc. (CPO) from a “hold” rating to a “buy” rating.
Goldman Sachs (NYSE:GS) upgraded Xilinx, Inc. (XLNX) from a “sell” rating to a “neutral” rating. They have a price target of $33.00 on the company.
Credit Suisse (NYSE:CS) upgraded CRH PLC (CRH) from a “neutral” rating to an “outperform” rating.
Bank of America (NYSE:BAC) upgraded ProLogis (PLD) from a “neutral” rating to a “buy” rating. They have a price target of $39.00 on the company, up from $37.00.
Thursday, June 2, 2011
Ratings on (YHOO) (ACI) (GEVO) (NVLS) (OMCL) Reiterated
Ratings on Yahoo! Inc. (NASDAQ: YHOO), Arch Coal, Inc. (NYSE: ACI), Gevo, Inc. (NASDAQ: GEVO), Novellus Systems, Inc. (NASDAQ: NVLS) and Omnicell, Inc. (NASDAQ: OMCL) were reiterated by analysts.
Bank of America (NYSE:BAC) reiterated a “buy” rating on Yahoo! Inc. (YHOO).
BMC Equities Research reiterated a “buy” rating on Arch Coal, Inc. (ACI). They have a price target of $43.00 on the company.
Piper Jaffray (NYSE:PJC) reiterated an “overweight” rating on Gevo, Inc. (GEVO).
Bank of America reiterated a “buy” rating on Novellus Systems, Inc. (NVLS).
Auriga reiterated a “buy” rating on Omnicell, Inc. (OMCL).
Bank of America (NYSE:BAC) reiterated a “buy” rating on Yahoo! Inc. (YHOO).
BMC Equities Research reiterated a “buy” rating on Arch Coal, Inc. (ACI). They have a price target of $43.00 on the company.
Piper Jaffray (NYSE:PJC) reiterated an “overweight” rating on Gevo, Inc. (GEVO).
Bank of America reiterated a “buy” rating on Novellus Systems, Inc. (NVLS).
Auriga reiterated a “buy” rating on Omnicell, Inc. (OMCL).
Wednesday, June 1, 2011
Ratings on (AER) (AMAG) (APC) (BEN) (BIG) Upgraded
Aercap Holdings N.V. (NYSE: AER), AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG), Anadarko Petroleum (NYSE: APC), Franklin Resources, Inc. (NYSE: BEN) and Big Lots, Inc. (NYSE: BIG) were upgraded by analysts.
JPMorgan Chase & Co. (NYSE:JPM) upgraded Aercap Holdings N.V. (AER) from a “neutral” rating to an “overweight” rating.
Robert W. Baird upgraded AMAG Pharmaceuticals, Inc. (AMAG) from a “neutral” rating to an “outperform” rating. They have a price target of $22.00 on the company, up from $19.00.
Wells Fargo & Co. (NYSE:WFC) upgraded Anadarko Petroleum (APC) from a “market perform” rating to an “outperform” rating.
Bank of America (NYSE:BAC) upgraded Franklin Resources, Inc. (BEN) from a “neutral” rating to a “buy” rating. They have a price target of $156.00 on the company.
ThinkEquity analysts upgraded shares of Big Lots, Inc. (NYSE: BIG) from a “hold” rating to a “buy” rating. They now have a $38.00 price target on the company.
JPMorgan Chase & Co. (NYSE:JPM) upgraded Aercap Holdings N.V. (AER) from a “neutral” rating to an “overweight” rating.
Robert W. Baird upgraded AMAG Pharmaceuticals, Inc. (AMAG) from a “neutral” rating to an “outperform” rating. They have a price target of $22.00 on the company, up from $19.00.
Wells Fargo & Co. (NYSE:WFC) upgraded Anadarko Petroleum (APC) from a “market perform” rating to an “outperform” rating.
Bank of America (NYSE:BAC) upgraded Franklin Resources, Inc. (BEN) from a “neutral” rating to a “buy” rating. They have a price target of $156.00 on the company.
ThinkEquity analysts upgraded shares of Big Lots, Inc. (NYSE: BIG) from a “hold” rating to a “buy” rating. They now have a $38.00 price target on the company.
Thursday, October 28, 2010
Bank of America (NYSE:BAC) Sees $1 Trillion QE, Goldman (NYSE:GS) - $2 Trillion
What's a trillion here or there for the Federal Reserve, which is drunk on printing money, and depending on who's right - such as Bank of America (NYSE:BAC), which sees them printing $1 trillion, and Goldman Sachs, which sees them printing $2 trillion - the fallout will even crush American more during the long term, as the company teeters on the precipice of insolvency.
Goldman and Bank of America see the Fed buying up government debt incrementally in order to keep the huge amount from being digested immediately by ordinary Americans. Both expect a $500 billion plan to be initiated immediately after the meetings held on November 2 and November 3.
This will push up the price of gold and other commodities, which will cause inflation to rise, as far as commodities used for industrial purposes. Some agricultural commodities will continue to rise as well, or at least maintain support at fairly high levels.
Goldman and Bank of America see the Fed buying up government debt incrementally in order to keep the huge amount from being digested immediately by ordinary Americans. Both expect a $500 billion plan to be initiated immediately after the meetings held on November 2 and November 3.
This will push up the price of gold and other commodities, which will cause inflation to rise, as far as commodities used for industrial purposes. Some agricultural commodities will continue to rise as well, or at least maintain support at fairly high levels.
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