Updates on Chesapeake Energy (NYSE: CHK) ratings and price targets.
Chesapeake Energy (CHK) had its “Buy” rating reiterated by Jefferies Group (NYSE: JEF). They have a price target of $35.00 on the company.
Chesapeake Energy had its “Buy” rating reiterated by Sterne Agee.
Robert W. Baird initiated coverage on Chesapeake Energy. They placed an “Outperform” rating and a price target of $36.00 on the company.
Citigroup (NYSE: C) reiterated its “Buy” rating on Chesapeake Energy . They have a price target of $32.00 on the company.
Barclays Capital (NYSE: BCS) raised their price target on Chesapeake Energy from $35.00 to $38.00. They have an “Overweight” rating on the company.
Oppenheimer (NYSE: OPY) raised their EPS on Chesapeake Energy. They have an “Outperform” rating on the company.
Canaccord Genuity reiterated a “Buy” rating on Chesapeake Energy. They have a price target of $49.00 on the company.
Showing posts with label Cannacord Genuity. Show all posts
Showing posts with label Cannacord Genuity. Show all posts
Friday, December 30, 2011
Tuesday, December 14, 2010
Microsoft's (Nasdaq:MSFT) Xbox 360, Kinect on Fire
Microsoft has been getting a great image boost from the sales of Xbox and Kinect this Christmas season, as Xbox leads in console sales and Kinect soaring to top the accessary heap.
As far as Microsoft's (Nasdaq:MSFT) bottom line, this isn't that important, as it may account for maybe two percent of revenue, or a little more.
What's most important is the bragging rights and reminder that Microsoft can still develop hot products for the consumer market. It's worth its weight in marketing gold to the company, just by the numbers they produced, which also include four other accessories in the top ten of the console market.
Canaccord said, "According to data compiled by NPD, Microsoft’s Xbox 360 was the best-selling game console in November, with sales up 68% from last year. More than 1.37 million Xboxes crossed the counter last month, ahead of Nintendo’s Wii at 1.27 million. Sony’s (NYSE:SNE) numbers were relatively dismal, with the PS3 recording sales of just 530,000. The Xbox 360 had five of the 10 best-selling accessories on the month, with the Kinect landing at number one. Microsoft launched the Kinect on November 4, and had sold 2.5 million units by the end of the month – twice the initial selling rate of Apple’s (Nasdaq:AAPL) iPad. In just one month, the Kinect is already the top-selling accessory in terms of dollar sales on a year-to- date basis. NPD said the Xbox 360, paired with the Kinect, is setting the tone for a promising end of year. Last month was the best November on record for the industry, beating November 2008 sales by about $30 million. Every category was up except portable hardware and software. 'We expect a big jump in sales in November due to seasonality and the influence of holiday, but the change this November over October is bigger across most platforms than it was last November,' commented one NPD analyst. 'This could point to the impact of aggressive retail promotions during the critical Black Friday week.'"
Microsoft closed Monday at $27.25, down $0.09, or 0.35 percent. Sony was at $35.88, up $0.05, or 0.14 percent. Apple ended the day at $321.67, up $1.11, or 0.35 percent.
As far as Microsoft's (Nasdaq:MSFT) bottom line, this isn't that important, as it may account for maybe two percent of revenue, or a little more.
What's most important is the bragging rights and reminder that Microsoft can still develop hot products for the consumer market. It's worth its weight in marketing gold to the company, just by the numbers they produced, which also include four other accessories in the top ten of the console market.
Canaccord said, "According to data compiled by NPD, Microsoft’s Xbox 360 was the best-selling game console in November, with sales up 68% from last year. More than 1.37 million Xboxes crossed the counter last month, ahead of Nintendo’s Wii at 1.27 million. Sony’s (NYSE:SNE) numbers were relatively dismal, with the PS3 recording sales of just 530,000. The Xbox 360 had five of the 10 best-selling accessories on the month, with the Kinect landing at number one. Microsoft launched the Kinect on November 4, and had sold 2.5 million units by the end of the month – twice the initial selling rate of Apple’s (Nasdaq:AAPL) iPad. In just one month, the Kinect is already the top-selling accessory in terms of dollar sales on a year-to- date basis. NPD said the Xbox 360, paired with the Kinect, is setting the tone for a promising end of year. Last month was the best November on record for the industry, beating November 2008 sales by about $30 million. Every category was up except portable hardware and software. 'We expect a big jump in sales in November due to seasonality and the influence of holiday, but the change this November over October is bigger across most platforms than it was last November,' commented one NPD analyst. 'This could point to the impact of aggressive retail promotions during the critical Black Friday week.'"
Microsoft closed Monday at $27.25, down $0.09, or 0.35 percent. Sony was at $35.88, up $0.05, or 0.14 percent. Apple ended the day at $321.67, up $1.11, or 0.35 percent.
Thursday, November 4, 2010
Taseko Mines (Amex:TGB) Battered on Prosperity Copper, Gold Mine Decision
Taseko Mines (Amex:TGB) was dealt a devastating blow no matter how it is spun, as the Office of the Minister of the Environment rejected the Prosperity Copper and Gold Mine, leaving Taseko and its shareholders with nothing for the effort.
Cannacord Genuity and TD Newcrest didn't take long to downgrade the mining company. Cannacord downgraded them from "Buy" to "Hold," while TD Newcrest lowered their rating from "Hold" to "Reduce."
"Yesterday (Tuesday), after the market close, the Office of the Minister of the Environment reported that the Federal Cabinet rejected Taseko Mines’ Prosperity copper-gold project, as proposed. According to a statement made by the Environment Minister Jim Prentice, the project was rejected due to the adverse effects it would have on the environment...We have removed the Prosperity project from our valuation estimates. As a result our 10%NAVPS estimates dropped $3.38/share to $4.25 from $7.63 previously, and our target price has been lowered to C$5.00 from $6.75."
Taseko closed Tuesday at $4.91, dropping $1.57, or 24.23 percent.
Cannacord Genuity and TD Newcrest didn't take long to downgrade the mining company. Cannacord downgraded them from "Buy" to "Hold," while TD Newcrest lowered their rating from "Hold" to "Reduce."
"Yesterday (Tuesday), after the market close, the Office of the Minister of the Environment reported that the Federal Cabinet rejected Taseko Mines’ Prosperity copper-gold project, as proposed. According to a statement made by the Environment Minister Jim Prentice, the project was rejected due to the adverse effects it would have on the environment...We have removed the Prosperity project from our valuation estimates. As a result our 10%NAVPS estimates dropped $3.38/share to $4.25 from $7.63 previously, and our target price has been lowered to C$5.00 from $6.75."
Taseko closed Tuesday at $4.91, dropping $1.57, or 24.23 percent.
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