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This Quarter's Sentiment:
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From the Blogosphere
Analyst upgrades, downgrades and initiations: DTV, LEA, MT, WMT, YHOO
Filed under: Analyst reports, Analyst upgrades and downgrades, Analyst initiations Analyst upgrades: <> Keefe Bruyette upgraded Affiliated Managers Group (NYSE: AMG) to Market Perform from Outperform to reflect the rebound in equity and fixed income markets as well as an attractive risk/reward profile. The firm raised its target on shares to $72 from $61. <>Jefferies upgraded AGCO Corp. (NYSE: AGCO) to Buy from Hold as it believes equipment sales in Brazil are holding up better than expected and farm stimulus should set a floor in sales. The firm raised its target on shares to $36 from $25>>...
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Analyst calls: SNV, BASFY, AKZOY, FUL, GA, WLT, AHD, OZM, HOG, MRK
Pure Fear
I'm not sure what's more terrifying, the state of our economy or this psycho clown.
I think the bailout in one form or another will be passed shortly, which should provide a nice rally. Trader Mark is buying Regions Financial (RF) as a bailout play. Ragin is buying UYG. The Fly is buying Synovus Financial Corp. (SNV), Citigroup Inc. (C), ROM, Freeport-McMoRan Copper & Gold Inc. (FCX), Walter Industries, Inc. (WLT) and (UYG). I bought WLT for my wife's account today. WLT is a coal play with a .15 PEG and 65% growth rate. I also still like EXM and tried to buy more at $19.30 after hours, but w...
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After-Hours Movers 9/15: Targacept (TRGT) Sinks After Drug Fails; Merrill (MER) Trades Up
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<>StreetInsider.com After-Hours Movers:
Targacept (NASDAQ: TRGT) 40% LOWER; AstraZeneca (AZN) and Targacept (TRGT) Announce from Phase 2b Study of AZD3480 Did Not Meet Criteria
Synthesis Energy Systems (Nasdaq: SYMX) 9% LOWER; reports a Q4 loss of $0.32, versus the analyst estimate of ($0.20). Revenues for the quarter were $288K, versus the consensus of $250K.
Synovus Financial Corp. (NYSE: SNV) 4.5% LOWER; Fitch lowers rating, outlook negative.
Merrill Lynch (NYSE: MER) 2.9% HIGHER; Buyout partner BofA trades up after-hours. There was a 25% spread on the deal at the close.
Bank of America>...
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Analyst calls: NVS, TSN, WYNN, RAI, AZN, HAIN, TEVA, SYMC ...
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