IVW, GILD, MA, LOW: Large Inflows Detected at ETF Wednesday, May 1, 10:47 AM ET, by Market News Video Staff Symbols mentioned in this story: IVW, GILD, MA, LOW Exchange traded funds (ETFs) trade just ...
IWD, BRK.B, JPM, BAC: ETF Inflow Alert Thursday, May 2, 11:09 AM ET, by Market News Video Staff Symbols mentioned in this story: IWD, BRK.B, JPM, BAC Exchange traded funds (ETFs) trade just ...
XSD, FSLR, RFMD, TQNT: ETF Outflow Alert Friday, May 3, 11:05 AM ET, by Market News Video Staff Symbols mentioned in this story: XSD, FSLR, RFMD, TQNT Exchange traded funds (ETFs) trade just ...
By Market News Video Staff, Thursday, August 26, 2:54 PM ET
On Monday, UBS (NYSE:UBS) upgraded shares of First Solar (NASDAQ:FSLR) from neutral to buy as growth rates across the sector are improving. The firm raised its EPS estimates and set a price target of $150 per share.
Also Monday, Goldman Sachs (NYSE:GS) upgraded shares of Lowe's (NYSE:LOW) from neutral to buy citing improvements to the retailers margins. With the upgrade, the firm set a price target of $24 per share, representing an upside of about 16%.
And on Monday Citigroup (NYSE:C) raised its EPS estimates on shares of Microchip Technology (NASDAQ:MCHP) through 2011 as the company has returned to pre-recessionary levels. In the report, Citigroup maintained its buy rating and added a new price target of $36 per share.
Citigroup (NYSE:C) gave Veeco Instruments (NASDAQ:VECO) a boost on Tuesday, adding the technology company to its Top Picks Live list with a "buy" rating and $52 per share price target. Veeco serves the high brightness light emitting diode, solar, data storage, scientific research, semiconductor, and industrial markets worldwide, and is a member of the S&P 600 SmallCap index. The iShares S&P SmallCap 600 Index Fund ETF (AMEX:IJR) holds just over 18 million dollars worth of VECO shares.
And on Tuesday Goldman Sachs (NYSE:GS) upgraded shares of Buckeye Partners (NYSE:BPL) from Sell to Neutral, matching its overall rating for the MLP sector. Goldman noted that MLP shares are generally fully valued, even in the face of "lukewarm" fundamentals, and said that a slowdown in the economic recovery would put downward pressure on cash flow growth over the next few years.
On Wednesday, Oppenheimer upgraded shares of Corning (NYSE:GLW) from perform to outperform as the LCD inventory issues should pass. The firm emphasized the growth catalysts for Corning and set a price target of $20 per share.
And JMP upgraded shares of Quality Systems (NASDAQ:QSII) on Wednesday from market perform to outperform following channel checks. These checks showed an increase in deal activity and JMP has assigned a price target of $72.
Thursday saw Bank of America (NYSE:BAC) initiating coverage on shares of Smart Technologies (NASDAQ:SMT) with a buy rating as the company's market share for interactive whiteboards is nearing 50%. With the buy rating, Bank of America set a price target of $16.50.
Also Thursday, Citigroup raised its price target on shares of Rockwell Collins (NYSE:COL) to $62 as the firm sees sales of commercial systems picking up. In the report, Citigroup raised its EPS estimates while maintaining its neutral rating.
And finally on Thursday, Keybanc raised its EPS estimates on shares of Jo-Ann Stores (JAS) through 2011 as demand in the sector is picking up. In the report, Keybanc held its buy rating and set a price target of $50 per share.
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