AK Steel Holding Co. (NYSE: AKS), F.N.B. Corp (NYSE: FNB), Knology, Inc. (NASDAQ: KNOL), Websense Inc. (NASDAQ: WBSN) and Town Sports International Holdings, Inc. (NASDAQ: CLUB) all upgraded today.
DA Davidson upgraded AK Steel Holding Co. (AKS) to a “Buy” rating. They now have a price target $22.00 on the company.
Keefe, Bruyette & Woods, Inc upgraded F.N.B. Corp (FNB) from a “Market Perform” rating to an “Outperform” rating.
BWS Financial upgraded Knology, Inc. (KNOL) from a “Hold” rating to a “Buy” rating. They now have a price target of $18.00 placed on them, up from $11.50.
Craig Hallum upgraded Websense Inc. (WBSN) from an “Accumulate” rating to a “Buy” rating.
ThinkEquity upgraded Town Sports International Holdings, Inc. (CLUB) from a “Hold” rating to a “Buy” rating.
Showing posts with label BWS Financial. Show all posts
Showing posts with label BWS Financial. Show all posts
Wednesday, April 27, 2011
Thursday, December 2, 2010
Sigma Designs (NASDAQ:SIGM) Chip Demand Rising
Demand for televisions with chips from Sigma Designs (NASDAQ:SIGM) in them, along with an improving supply chain, resulted in the company beating estimates in the third quarter.
Going forward, BWS Financial said, "We are currently projecting a sequentially down quarter with revenue of approximately $71.1 million. The decline stemming from reduced IPTV installments during the end of the calendar year. Any hint of SIGM being able to maintain an EPS level of $1.30/$1.35 could be met with some buying opportunity."
Revenue for the quarter increased to $77.8 million, over twice the same quarter in 2009. Gross profit increased to 49.6 of sales, beating the 47.7 percent in the prior quarter, and the 45.3 percent in the same quarter last year.
With supply and demand in balance, it could be a catalyst going forward for Sigma.
They closed Wednesday at $12.12, gaining $0.12, or 1 percent.
Going forward, BWS Financial said, "We are currently projecting a sequentially down quarter with revenue of approximately $71.1 million. The decline stemming from reduced IPTV installments during the end of the calendar year. Any hint of SIGM being able to maintain an EPS level of $1.30/$1.35 could be met with some buying opportunity."
Revenue for the quarter increased to $77.8 million, over twice the same quarter in 2009. Gross profit increased to 49.6 of sales, beating the 47.7 percent in the prior quarter, and the 45.3 percent in the same quarter last year.
With supply and demand in balance, it could be a catalyst going forward for Sigma.
They closed Wednesday at $12.12, gaining $0.12, or 1 percent.
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