By: Tim Kelleher
Just an introduction for everyone here on the blog. I recently joined up with T3Live.com after running my own site, Juggernaut Trading, for many years. I was attracted to the team, technology and transparency on T3Live.com’s Virtual Trading Floor. I start my preparation for each trading day early, and will bring you the most important upgrades-downgrades, and fundamental news stocks each day here on the blog. Hope you find it useful.
Upgrades Downgrades
Illumina, Inc. (ILMN)
downgraded to Hold at Auriga U.S.A (Stock Price: 70.25)
price target raised at Baird from $66 to $74 (Mixed reports)
Telefonos De Mexico, S.A. (TMX)
Goldman Sachs Cuts to Sell from Neutral (Big downgrade on a thin adr)
Wells Fargo & Company (WFC)
Wells Fargo shares could be down 3%-5% on CFO
retirement, says Citigroup
Baidu.com, Inc. (BIDU)
upgraded to Overweight from Neutral at HSBC; tgt
$158 (Stock Price: 119.84)
Take-Two Interactive Software, Inc. (TTWO)
Raised To Buy From Neutral By BofA
Merrill Lynch >TTWO (hearing Price target 20)
Venoco, Inc. (VQ)
Downgrade – JAGNote by Stifel Nicolaus
VQ: Downgrade – The firm lowered shares from Hold to SELL (BIG downgrade on a thin name that has been uptrending – 2 tier firm comments)
Stocks I am watching this morning:
Super Micro Computer, Inc. (SMCI) slashes quarter guidance and withdraws full year guidance
Photronics, Inc. (PLAB) pre-announces to the upside
The St. Joe Company (JOE) exploring strategic alternatives
Bibbett Sports, Inc. (HIBB) pre-announces to the downside
Pinnacle Airlines Corp. (PNCL) pre-announces to the downside
Polo Ralph Lauren Corporation (RL) blow-out earnings
Intuitive Surgical, Inc. (ISRG) share buyback
USANA Health Sciences, Inc. (USNA) bad earnings
Sierra Wireless, Inc. (SWIR) bad earnings
The Walt Disney Company (DIS) strong earnings
The Andersons, Inc. (ANDE) blowout earnings
Atmel Corporation (ATML) strong earnings
Amtech Systems, Inc. (ASYS) very nice earnings
*DISCLOSURE: No positions
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