SI

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Analyst Upgrades

  • Sterne Agee upgraded Wynn Resorts (WYNN) to buy from neutral and has a $115 price target on the stock. The firm believes Encore Macau will drive further share gains near-term.
  • Deutsche Bank upgraded PPL Corp. (PPL) to buy from hold and said the equity offering and the the stipulation reached in the KY utilities’ rate cases removes important overhangs. The firm has a $30 price target on the stock.
  • UBS upgraded CarMax (KMX) to buy from neutral based on forecasts for higher consumer forecast income and positive used car trends. The firm has a $28 target on the stock.
  • Aeropostale (ARO) was upgraded to outperform from underperform at Oppenheimer.
  • Cardinal Financial (CFNL) was upgraded to neutral from underperform at Baird.
  • Pinnacle West (PNW) was upgraded to overweight from equal weight at Barclays.

Continue reading Analyst Calls: AAPL, CP, CSCO, GENZ, HD, KMX, LOW, MSFT, PPL, SI, WTNY, WYNN …

Analyst Calls: AAPL, CP, CSCO, GENZ, HD, KMX, LOW, MSFT, PPL, SI, WTNY, WYNN … originally appeared on BloggingStocks on Thu, 24 Jun 2010 11:20:00 EST. Please see our terms for use of feeds.

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SI logoSiemens (SIoption chain) shares are rising on news that it has won two major contracts. SI will deliver turbines for gas-fired power plants to Nextera (FPL), a Florida-based utility, and also won a contract for a 500M euro power grid project in the North Sea. If you think that the stock won’t fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on SI.

SI opened Monday morning at $94.41. So far the stock has hit a low of $93.96 and a high of $95.43. As of 12:05, SI was trading at $94.90 up 4.40 (4.9%). The chart for SI looks bearish, but with a possible trend reversal.

Continue reading Siemens Lifted by Two Significant Contracts

Siemens Lifted by Two Significant Contracts originally appeared on BloggingStocks on Mon, 14 Jun 2010 13:00:00 EST. Please see our terms for use of feeds.

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