Showing posts with label Jefferies Group. Show all posts
Showing posts with label Jefferies Group. Show all posts

Wednesday, March 21, 2012

Agrium (AGU) (JEF) (MTB) (SYT) (SYNC) (CTAS) Ratings, Price Targets

Agrium Inc. (AGU), Jefferies Group (JEF), M&T Bank Co. (MTB), Syngenta AG (SYT), Synacor (SYNC) and Cintas (CTAS) had ratings and price targets on them adjusted by analysts.

Macquarie upgraded Agrium Inc. (AGU) from a "Neutral" rating to a "Outperform" rating.

Sandler O'Neill downgraded Jefferies Group (JEF) from a "Hold" rating to a "Sell" rating.

Guggenheim downgraded M&T Bank Co. (MTB) from a "Buy" rating to a "Neutral" rating.

Goldman Sachs upgraded Syngenta AG (SYT) from a "Neutral" rating to a "Buy" rating.

Citigroup initiated coverage on Synacor (SYNC). They placed a "Buy" rating on the company.

Robert W. Baird Cintas (CTAS) from a "Outperform" rating to a "Neutral" rating. They have a price target of $45.00 on the company.

Monday, February 13, 2012

CVS (CVS) (BIIB) (ELOS) (RBCN) (AMSC) (AFFX) (TDC) Ratings, Price Targets

CVS Caremark (NYSE: CVS), Biogen Idec Inc. (NASDAQ: BIIB), Syneron Medical Ltd. (NASDAQ: ELOS), Rubicon Technology, Inc. (NASDAQ: RBCN), American Superconductor Co. (NASDAQ: AMSC), Affymetrix, Inc. (NASDAQ: AFFX) and Teradata Co. (NYSE: TDC) had ratings and price targets on them adjusted by analysts.

CVS Caremark (CVS) had its “Buy” rating reiterated by Jefferies Group (NYSE:JEF).

Syneron Medical Ltd. (ELOS) had its “Buy” rating reiterated by Needham & Company.

Rubicon Technology, Inc. (RBCN) had its “Underperform” rating reiterated by RBC Capital.

Morgan Stanley (NYSE:MS) initiated coverage on Biogen Idec Inc. (BIIB). They placed an “Overweight” rating on the company.

American Superconductor Co. (AMSC) had its price target raised by Ardour Capital from $4.50 to $5.50. They have a “Hold” rating on the company.

Affymetrix, Inc. (AFFX) had its price target lowered by Wedbush from $6.00 to $4.00. They have a “Neutral” rating on the company.

Teradata Co. (TDC) had its price target raised by Mizuho from $64.00 to $71.00. They have a “Buy” rating on the company.

Wednesday, January 25, 2012

Celldex (CLDX) (PTX) (UNP) (FUN) (FWRD) (KLAC) Ratings, Price Targets

Celldex Therapeutics (NASDAQ: CLDX), Pernix Therapeutics Holdings (NYSE: PTX), Union Pacific (NYSE: UNP), Cedar Fair, L.P. (NYSE: FUN), Forward Air (NASDAQ: FWRD) and KLA-Tencor (NASDAQ: KLAC) ratings and price targets.

Celldex Therapeutics (CLDX) had its “Buy” rating reiterated by Jefferies Group (NYSE:JEF).

Pernix Therapeutics Holdings (PTX) had its “Buy” rating reiterated by Canaccord Genuity.

Union Pacific (UNP) had its price target raised by Argus from $120.00 to $130.00. They have a “Buy” rating on the company.

Cedar Fair, L.P. (FUN) was downgraded by Hilliard Lyons from a “Buy” rating to a “Long” rating. They have a price target of $29.00 on the company.

Forward Air (FWRD) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

KLA-Tencor (KLAC) was upgraded by Citigroup (NYSE:C) from a “Neutral” rating to a “Buy” rating. They have a price target of $65.00 on the company.

Wednesday, September 15, 2010

FirstEnergy (NYSE:FE) Downgraded by Jefferies (NYSE:JEF) on Allegheny (NYSE:AYE) Merger

FirstEnergy (NYSE:FE) was downgraded by Jefferies Group (NYSE:JEF) from "Hold" to "Underperform," citing the upcoming merger with Allegheny Energy (NYSE:AYE), which they believe will dilute the company.

Jefferies said, "... a reduction in our earnings estimates and expected dilution from the proposed merger with AYE. The decrease in power and natural gas prices makes FE and AYE transaction dilutive in the first full year of combined operations."

Earnings per share for 2011 were cut from $3.85 to $3.50 and 2012 earnings per share from $3.00 to $2.80.

The price target on FirstEnergy was also drastically cut, lowering it from $38 to $31.

FirstEnergy closed Tuesday at $36.71, falling $0.63, or 1.69 percent.