Eldorado Gold Co. (EGO), Alpha Natural Resources (ANR), Freeport McMoRan Copper and Gold (FCX), Range Resources (RRC), Thompson Creek Metals (TC) and Chesapeake Energy (CHK) had ratings and price targets on them adjusted by analysts.
TD Securities upgraded Eldorado Gold Co. (EGO) to a "Buy" rating.
Citigroup upgraded Alpha Natural Resources (ANR) from a "Neutral" rating to a "Buy" rating.
Citigroup upgraded Freeport McMoRan Copper and Gold (FCX) from a "Neutral" rating to a "Buy" rating.
Macquarie upgraded Range Resources (RRC) from a "Neutral" rating to a "Outperform" rating.
UBS AG upgraded Thompson Creek Metals (TC) from a "Neutral" rating to a "Buy" rating.
Citigroup downgraded Chesapeake Energy (CHK) from a "Buy" rating to a "Neutral" rating.
Showing posts with label Eldorado Gold. Show all posts
Showing posts with label Eldorado Gold. Show all posts
Monday, April 16, 2012
Wednesday, April 11, 2012
Eldorado (EGO) (GOLD) (TC) (BAC) (RJF) (DB) (FGP) Ratings, Price Targets
Eldorado Gold Co. (EGO), Randgold Resources Ltd. (GOLD), Thompson Creek Metals (TC), Bank of America (BAC), Raymond James (RJF), Deutsche Bank (DB) and Ferrellgas Partners (FGP) had ratings and price targets on them adjusted by analysts.
Canaccord Genuity upgraded Eldorado Gold Co. (EGO) from a "Hold" rating to a "Buy" rating.
Stifel Nicolaus upgraded Randgold Resources Ltd. (GOLD) from a "Hold" rating to a "Buy" rating. They placed a price target of $110.00 on the company.
Deutsche Bank upgraded Thompson Creek Metals (TC) from a "Sell" rating to a "Hold" rating.
Guggenheim upgraded Bank of America (BAC) from a "Neutral" rating to a "Buy" rating. They placed a price target of $11.00 on the company.
Wells Fargo & Co. initiated coverage on Raymond James (RJF). They have an "Outperform" rating on the company.
TheStreet upgraded Deutsche Bank (DB) to a "Hold" rating.
JPMorgan Chase & Co. initiated coverage on Ferrellgas Partners (FGP). They placed an "Underweight" rating and a price target of $12.00 on the company.
Canaccord Genuity upgraded Eldorado Gold Co. (EGO) from a "Hold" rating to a "Buy" rating.
Stifel Nicolaus upgraded Randgold Resources Ltd. (GOLD) from a "Hold" rating to a "Buy" rating. They placed a price target of $110.00 on the company.
Deutsche Bank upgraded Thompson Creek Metals (TC) from a "Sell" rating to a "Hold" rating.
Guggenheim upgraded Bank of America (BAC) from a "Neutral" rating to a "Buy" rating. They placed a price target of $11.00 on the company.
Wells Fargo & Co. initiated coverage on Raymond James (RJF). They have an "Outperform" rating on the company.
TheStreet upgraded Deutsche Bank (DB) to a "Hold" rating.
JPMorgan Chase & Co. initiated coverage on Ferrellgas Partners (FGP). They placed an "Underweight" rating and a price target of $12.00 on the company.
Wednesday, January 11, 2012
Vale (VALE) (MFN) (EGO) (CF) (MPC) (KWK) Ratings, Price Targets
Vale (NASDAQ: VALE), Minefinders (NYSE: MFN), Eldorado Gold (NYSE: EGO), CF Industries (NYSE: CF), Marathon Petroleum (NYSE: MPC) and Quicksilver Resources (NYSE: KWK) ratings and price targets.
Minefinders (MFN) was upgraded by TD Newcrest to a “Hold” rating.
Eldorado Gold (EGO) was upgraded by Dundee to a “Buy” rating.
CF Industries (CF) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating.
Vale (VALE) was downgraded by HSBC (NYSE:HBC) to a “Neutral” rating.
Marathon Petroleum (MPC) was downgraded by Zacks Investment Research from a “Neutral” rating to an “Underperform” rating.
Quicksilver Resources (KWK) was downgraded by Macquarie to an “Underperform” rating.
Minefinders (MFN) was upgraded by TD Newcrest to a “Hold” rating.
Eldorado Gold (EGO) was upgraded by Dundee to a “Buy” rating.
CF Industries (CF) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating.
Vale (VALE) was downgraded by HSBC (NYSE:HBC) to a “Neutral” rating.
Marathon Petroleum (MPC) was downgraded by Zacks Investment Research from a “Neutral” rating to an “Underperform” rating.
Quicksilver Resources (KWK) was downgraded by Macquarie to an “Underperform” rating.
EOG (EOG) (RAIL) (RAM) (RDK) (EGO) (ELX) Upgraded
EOG Resources (NYSE: EOG), FreightCar America (NASDAQ: RAIL), RAM Energy (NYSE: RAM), Ruddick Corporation (NYSE: RDK), Eldorado Gold (NYSE: EGO) and Emulex (NYSE: ELX) were upgraded by analysts.
FreightCar America (RAIL) was upgraded by Zacks Investment Research from a “Neutral” rating to an “Outperform” rating.
RAM Energy (RAM) was upgraded by Zacks Investment Research from an “Underperform” rating to a “Neutral” rating.
Ruddick Corporation (RDK) was upgraded by Zacks Investment Research from an “Underperform” rating to a “Neutral” rating.
Eldorado Gold (EGO) was upgraded by Dundee to a “Buy” rating.
Emulex (ELX) was upgraded by Pacific Crest from an “Underperform” rating to a “Sector Perform” rating.
EOG Resources (EOG) was upgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating. They have a price target of $125.00 on the company.
FreightCar America (RAIL) was upgraded by Zacks Investment Research from a “Neutral” rating to an “Outperform” rating.
RAM Energy (RAM) was upgraded by Zacks Investment Research from an “Underperform” rating to a “Neutral” rating.
Ruddick Corporation (RDK) was upgraded by Zacks Investment Research from an “Underperform” rating to a “Neutral” rating.
Eldorado Gold (EGO) was upgraded by Dundee to a “Buy” rating.
Emulex (ELX) was upgraded by Pacific Crest from an “Underperform” rating to a “Sector Perform” rating.
EOG Resources (EOG) was upgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating. They have a price target of $125.00 on the company.
Tuesday, January 10, 2012
Whiting (WLL) (EGO) (ELX) (EOG) (STJ) (STI) Ratings, Price Targets
Whiting Petroleum Co. (NYSE: WLL), Eldorado Gold Co. (NYSE: EGO), Emulex Co. (NYSE: ELX), EOG Resources (NYSE: EOG), St. Jude Medical, Inc. (NYSE: STJ) and SunTrust (NYSE: STI) ratings and price targets.
Whiting Petroleum Co. (WLL) was downgraded by Susquehanna from a “positive” rating to a “neutral” rating. They have a price target of $56.00 on the firm, down from $58.00.
Eldorado Gold Co. (EGO) was upgraded by Dundee to a “buy” rating.
Emulex Co. (ELX) was upgraded by Pacific Crest from an “underperform” rating to a “sector perform” rating.
EOG Resources (EOG) was upgraded by Deutsche Bank (NYSE:DB) from a “hold” rating to a “buy” rating. They have a price target of $125.00 on the firm.
St. Jude Medical, Inc. (STJ) had its “hold” rating reiterated by Jefferies Group (NYSE:JEF). They have a price target of $38.00 on the firm.
SunTrust (STI) is now covered by BTIG. They have a “buy” rating and a price target of $30.00 on the firm.
Whiting Petroleum Co. (WLL) was downgraded by Susquehanna from a “positive” rating to a “neutral” rating. They have a price target of $56.00 on the firm, down from $58.00.
Eldorado Gold Co. (EGO) was upgraded by Dundee to a “buy” rating.
Emulex Co. (ELX) was upgraded by Pacific Crest from an “underperform” rating to a “sector perform” rating.
EOG Resources (EOG) was upgraded by Deutsche Bank (NYSE:DB) from a “hold” rating to a “buy” rating. They have a price target of $125.00 on the firm.
St. Jude Medical, Inc. (STJ) had its “hold” rating reiterated by Jefferies Group (NYSE:JEF). They have a price target of $38.00 on the firm.
SunTrust (STI) is now covered by BTIG. They have a “buy” rating and a price target of $30.00 on the firm.
Monday, January 9, 2012
SPX (SPW) (THG) (MDSO) (MGAM) (EGO) (MWV) Ratings, Price Targets
SPX Corp. (NYSE: SPW), The Hanover Insurance Group, Inc. (NYSE: THG), Medidata Solutions, Inc. (NASDAQ: MDSO), Multimedia Games (NASDAQ: MGAM), Eldorado Gold Co. (NYSE: EGO) and MeadWestvaco Corp. (NYSE: MWV) ratings and price targets.
SPX Corp. (SPW) is now covered by Morgan Stanley (NYSE:MS). They placed an “Overweight” rating and a price target of $75.00 on the company.
The Hanover Insurance Group, Inc. (THG) is now covered by JMP Securities. They placed a “Market Perform” rating on the company.
Medidata Solutions, Inc. (MDSO) was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Market Perform” rating.
Multimedia Games (MGAM) was downgraded by Sidoti from a “Buy” rating to a “Neutral” rating.
Eldorado Gold Co. (EGO) was upgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating.
MeadWestvaco Corp. (MWV) had its “Buy” rating reiterated by Deutsche Bank (NYSE:DB).
SPX Corp. (SPW) is now covered by Morgan Stanley (NYSE:MS). They placed an “Overweight” rating and a price target of $75.00 on the company.
The Hanover Insurance Group, Inc. (THG) is now covered by JMP Securities. They placed a “Market Perform” rating on the company.
Medidata Solutions, Inc. (MDSO) was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Market Perform” rating.
Multimedia Games (MGAM) was downgraded by Sidoti from a “Buy” rating to a “Neutral” rating.
Eldorado Gold Co. (EGO) was upgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating.
MeadWestvaco Corp. (MWV) had its “Buy” rating reiterated by Deutsche Bank (NYSE:DB).
Thursday, January 5, 2012
Amarin (AMRN) (LII) (LVS) (EMC) (CEG) (EGO) Ratings, Price Targets
Amarin Co. plc (NASDAQ: AMRN), Lennox International Inc. (NYSE: LII), Las Vegas Sands Corp. (NYSE: LVS), EMC Corp. (NYSE: EMC), Constellation Energy Group (NYSE: CEG) and Eldorado Gold Co. (NYSE: EGO) ratings and price targets.
Amarin Co. plc (AMRN) had its “buy” rating reiterated by Canaccord Genuity.
Lennox International Inc. (LII) is now covered by Morgan Stanley (NYSE:MS). They have an “underweight” rating on the firm.
Las Vegas Sands Corp. (LVS) is now covered by Compass Point. They have a “sell” rating and a price target of $35.00 on the firm.
EMC Corp. (EMC) had its price target lowered by Evercore Partners to $30.00.
Constellation Energy Group (CEG) was downgraded by Citigroup (NYSE:C) from a “buy” rating to a “neutral” rating.
Eldorado Gold Co. (EGO) was upgraded by UBS AG (NYSE:UBS) from a “neutral” rating to a “buy” rating.
Amarin Co. plc (AMRN) had its “buy” rating reiterated by Canaccord Genuity.
Lennox International Inc. (LII) is now covered by Morgan Stanley (NYSE:MS). They have an “underweight” rating on the firm.
Las Vegas Sands Corp. (LVS) is now covered by Compass Point. They have a “sell” rating and a price target of $35.00 on the firm.
EMC Corp. (EMC) had its price target lowered by Evercore Partners to $30.00.
Constellation Energy Group (CEG) was downgraded by Citigroup (NYSE:C) from a “buy” rating to a “neutral” rating.
Eldorado Gold Co. (EGO) was upgraded by UBS AG (NYSE:UBS) from a “neutral” rating to a “buy” rating.
Eldorado (EGO) (AZN) (SNY) (AAPL) (SHOO) (NBHGY) Ratings, Price Targets
Eldorado Gold (NYSE:EGO), AstraZeneca (NYSE:AZN), Sanofi-Aventis (NYSE:SNY), Apple (NASDAQ:AAPL), Steven Madden Ltd (NASDAQSHOO) and Nobel Biocare Holding AG (OTC:NBHGY) ratings and price targets.
AstraZeneca (AZN) was downgraded by JPMorgan (NYSE:JPM) from a "Neutral" rating to an "Underweight" rating.
Sanofi-Aventis (SNY) was downgraded by JPMorgan from an "Overweight" rating to a "Neutral" rating.
Eldorado Gold (EGO) was upgraded by UBS (NYSE:UBS) from a "Neutral" rating to a "Buy" rating.
Auriga initiated coverage on Apple (AAPL). They have a "Buy" rating on the firm.
KeyBanc initiated coverage on Steven Madden Ltd (SHOO). They have a "Hold" rating on the firm.
Nobel Biocare Holding AG (NBHGY) was upgraded by JPMorgan from an "Underweight" rating to a "Neutral" rating.
AstraZeneca (AZN) was downgraded by JPMorgan (NYSE:JPM) from a "Neutral" rating to an "Underweight" rating.
Sanofi-Aventis (SNY) was downgraded by JPMorgan from an "Overweight" rating to a "Neutral" rating.
Eldorado Gold (EGO) was upgraded by UBS (NYSE:UBS) from a "Neutral" rating to a "Buy" rating.
Auriga initiated coverage on Apple (AAPL). They have a "Buy" rating on the firm.
KeyBanc initiated coverage on Steven Madden Ltd (SHOO). They have a "Hold" rating on the firm.
Nobel Biocare Holding AG (NBHGY) was upgraded by JPMorgan from an "Underweight" rating to a "Neutral" rating.
Wednesday, December 21, 2011
Schnitzer (SCHN) (SFSF) (T) (CVC) (DCT) (EGO) Downgraded
Schnitzer Steel (NASDAQ: SCHN), SuccessFactors, Inc. (NASDAQ: SFSF), AT&T Inc. (NYSE: T), Cablevision (NYSE: CVC), DCT Industrial Trust Inc. (NYSE: DCT) and Eldorado Gold Co. (NYSE: EGO) were downgraded by analysts.
Schnitzer Steel (SCHN) was downgraded by Credit Agricole to an “Underperform” rating.
SuccessFactors, Inc. (SFSF) was downgraded by Raymond James (NYSE:RJF) from a “Strong Buy” rating to a “Market Perform” rating.
AT&T Inc. (T) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.
Cablevision (CVC) was downgraded by BTIG Research from a “Buy” rating to a “Neutral” rating.
DCT Industrial Trust Inc. (DCT) was downgraded by Keefe, Bruyette & Woods to a “Market Perform” rating.
Eldorado Gold Co. (EGO) was downgraded by CIBC to a “Sector Perform” rating.
Schnitzer Steel (SCHN) was downgraded by Credit Agricole to an “Underperform” rating.
SuccessFactors, Inc. (SFSF) was downgraded by Raymond James (NYSE:RJF) from a “Strong Buy” rating to a “Market Perform” rating.
AT&T Inc. (T) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.
Cablevision (CVC) was downgraded by BTIG Research from a “Buy” rating to a “Neutral” rating.
DCT Industrial Trust Inc. (DCT) was downgraded by Keefe, Bruyette & Woods to a “Market Perform” rating.
Eldorado Gold Co. (EGO) was downgraded by CIBC to a “Sector Perform” rating.
Tuesday, December 20, 2011
CVS (CVS) (EGO) (DRIV) (GSM) (MSPD) (NDQ) Ratings, Price Targets
CVS Caremark (CVS), Eldorado Gold Co. (EGO), Digital River, Inc. (DRIV), Globe Specialty Metals, Inc. (GSM), Mindspeed Technologies, Inc. (MSPD) and Novadaq Technologies (NDQ) ratings and price targets.
Goldman Sachs (NYSE:GS) reiterated its "Buy" rating on CVS Caremark (CVS).
Eldorado Gold Co. (EGO) was downgraded by CIBC to a “Sector Perform” rating.
Piper Jaffray (NYSE:PJC) reiterated its "Overweight" rating on Digital River, Inc. (DRIV).
Oppenheimer reiterated its "Outperform" rating on Globe Specialty Metals, Inc. (GSM).
ThinkEquity initiated coverage on Mindspeed Technologies, Inc. (MSPD). They have a “Buy” rating on the firm.
JMP Securities initiated coverage on Novadaq Technologies (NDQ). They have an “Outperform” rating on the stock.
Goldman Sachs (NYSE:GS) reiterated its "Buy" rating on CVS Caremark (CVS).
Eldorado Gold Co. (EGO) was downgraded by CIBC to a “Sector Perform” rating.
Piper Jaffray (NYSE:PJC) reiterated its "Overweight" rating on Digital River, Inc. (DRIV).
Oppenheimer reiterated its "Outperform" rating on Globe Specialty Metals, Inc. (GSM).
ThinkEquity initiated coverage on Mindspeed Technologies, Inc. (MSPD). They have a “Buy” rating on the firm.
JMP Securities initiated coverage on Novadaq Technologies (NDQ). They have an “Outperform” rating on the stock.
Friday, December 9, 2011
Transocean (RIG) (EGO) (PTEN) (RDC) (CIM) (DO) Get New Coverage
Transocean (NYSE: RIG), Eldorado Gold Co. (NYSE: EGO), Patterson-UTI (NASDAQ: PTEN), Rowan Companies, Inc. (NYSE: RDC), Chimera Investment Co. (NYSE: CIM) and Diamond Offshore Drilling, Inc. (NYSE: DO) getting new coverage from analysts.
Goldman Sachs (NYSE:GS) initiated coverage on Patterson-UTI (PTEN). They placed a “Buy” rating on the company.
Goldman Sachs initiated coverage on Rowan Companies, Inc. (RDC). They placed a “Neutral” rating on the company.
Goldman Sachs initiated coverage on Transocean (RIG). They placed a “Sell” rating on the company.
Morgan Stanley (NYSE:MS) initiated coverage on Chimera Investment Co. (CIM). They placed an “Underweight” rating and a price target of $2.70 on the company.
Goldman Sachs initiated coverage on Diamond Offshore Drilling, Inc. (DO). They placed a “Sell” rating on the company.
HSBC (NYSE:HBC) initiated coverage on Eldorado Gold Co. (EGO). They placed an “Overweight” rating on the company.
Goldman Sachs (NYSE:GS) initiated coverage on Patterson-UTI (PTEN). They placed a “Buy” rating on the company.
Goldman Sachs initiated coverage on Rowan Companies, Inc. (RDC). They placed a “Neutral” rating on the company.
Goldman Sachs initiated coverage on Transocean (RIG). They placed a “Sell” rating on the company.
Morgan Stanley (NYSE:MS) initiated coverage on Chimera Investment Co. (CIM). They placed an “Underweight” rating and a price target of $2.70 on the company.
Goldman Sachs initiated coverage on Diamond Offshore Drilling, Inc. (DO). They placed a “Sell” rating on the company.
HSBC (NYSE:HBC) initiated coverage on Eldorado Gold Co. (EGO). They placed an “Overweight” rating on the company.
Wednesday, August 24, 2011
Suntech (STP) (COL) (EGO) (HRL) (IHG) (LNCR) (PEG) Downgraded
Suntech Power (NYSE: STP), Rockwell Collins (NYSE: COL), Eldorado Gold Co. (NYSE: EGO), Hormel Foods Co. (NYSE: HRL), Intercontinental Hotels Group (NYSE: IHG), Lincare (NASDAQ: LNCR) and Public Service Enterprise Group Inc. (NYSE: PEG) downgraded by analysts.
Suntech Power (STP) was downgraded by Ardour Capital from a “Hold” rating to a “Sell” rating. They have a price target of $3.00 on the company, down from $7.50.
Rockwell Collins (COL) was downgraded by Wedbush from an “Outperform” rating to a “Neutral” rating. They have a price target of $53.00 on the company, down from $71.00.
Eldorado Gold Co. (EGO) was downgraded by Macquarie from a “Neutral” rating to an “Underperform” rating.
Hormel Foods Co. (HRL) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.
Intercontinental Hotels Group (IHG) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.
Lincare (LNCR) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Hold” rating.
Public Service Enterprise Group Inc. (PEG) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating. They have a price target of $33.00 on the company, down from $35.00.
Suntech Power (STP) was downgraded by Ardour Capital from a “Hold” rating to a “Sell” rating. They have a price target of $3.00 on the company, down from $7.50.
Rockwell Collins (COL) was downgraded by Wedbush from an “Outperform” rating to a “Neutral” rating. They have a price target of $53.00 on the company, down from $71.00.
Eldorado Gold Co. (EGO) was downgraded by Macquarie from a “Neutral” rating to an “Underperform” rating.
Hormel Foods Co. (HRL) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.
Intercontinental Hotels Group (IHG) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.
Lincare (LNCR) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Hold” rating.
Public Service Enterprise Group Inc. (PEG) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating. They have a price target of $33.00 on the company, down from $35.00.
Tuesday, August 23, 2011
JA Solar (JASO) (JNPR) (NVDA) Upgraded; (STP) (WAG) (PEG) Downgraded
JA Solar Holdings Co., Ltd. (Nasdaq: JASO), Coach (NYSE: COH), NVIDIA (Nasdaq: NVDA) and Juniper Networks (NYSE: JNPR) upgraded by analysts.
Suntech Power (NYSE: STP), Public Service Enterprise Group Inc. (NYSE: PEG), Walgreen (NYSE: WAG) and Eldorado Gold Corp (NYSE: EGO) are downgraded.
JA Solar Holdings Co., Ltd. (Nasdaq: JASO) was upgraded by Axiom Capital from a "Sell" to a "Hold."
Coach (NYSE: COH) was upgraded by Jefferies (NYSE:JEF) from a "Hold" to a "Buy." They have a price target of $60 on the company.
NVIDIA (Nasdaq: NVDA) was upgraded by Wells Fargo (NYSE:WFC) from a "Market Perform" to an "Outperform." They boosted their price target from $14 to $16 on the company.
Juniper Networks (NYSE: JNPR) was upgraded by Morgan Keegan from a "Market Perform" to an "Outperform." They have a price target of $27 on the company.
Downgrades
Suntech Power (NYSE: STP) was downgraded by Macquarie from "Neutral" to "Underperform." They slashed their price target on the solar company from $6.50 to $3.35. Collins Stewart and ThinkEquity also lowered their ratings on the company.
Walgreen (NYSE: WAG) was downgraded by Barclays from an "Equalweight" to an "Underweight. They had their price target cut from $39 to $29.
Public Service Enterprise Group Inc. (NYSE: PEG) was downgraded by UBS (NYSE:UBS) from "Buy" to "Neutral."
Eldorado Gold Corp (NYSE: EGO) was downgraded by Macquarie from a "Neutral" to an "Underperform."
Suntech Power (NYSE: STP), Public Service Enterprise Group Inc. (NYSE: PEG), Walgreen (NYSE: WAG) and Eldorado Gold Corp (NYSE: EGO) are downgraded.
JA Solar Holdings Co., Ltd. (Nasdaq: JASO) was upgraded by Axiom Capital from a "Sell" to a "Hold."
Coach (NYSE: COH) was upgraded by Jefferies (NYSE:JEF) from a "Hold" to a "Buy." They have a price target of $60 on the company.
NVIDIA (Nasdaq: NVDA) was upgraded by Wells Fargo (NYSE:WFC) from a "Market Perform" to an "Outperform." They boosted their price target from $14 to $16 on the company.
Juniper Networks (NYSE: JNPR) was upgraded by Morgan Keegan from a "Market Perform" to an "Outperform." They have a price target of $27 on the company.
Downgrades
Suntech Power (NYSE: STP) was downgraded by Macquarie from "Neutral" to "Underperform." They slashed their price target on the solar company from $6.50 to $3.35. Collins Stewart and ThinkEquity also lowered their ratings on the company.
Walgreen (NYSE: WAG) was downgraded by Barclays from an "Equalweight" to an "Underweight. They had their price target cut from $39 to $29.
Public Service Enterprise Group Inc. (NYSE: PEG) was downgraded by UBS (NYSE:UBS) from "Buy" to "Neutral."
Eldorado Gold Corp (NYSE: EGO) was downgraded by Macquarie from a "Neutral" to an "Underperform."
Eldorado (EGO) (YZC) (FXCB) (STL) (MSFT) (SSNC) (NWSA) (NWY) Downgraded
Eldorado Gold Co. (NYSE: EGO), Yanzhou Coal Mining (NYSE: YZC), Fox Chase Bancorp (NASDAQ: FXCB), Sterling Bancorp (NYSE: STL), Microsoft Corp (NASDAQ: MSFT), SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), News Corp. (NASDAQ: NWSA) and New York & Company, Inc. (NYSE: NWY) downgraded by analysts.
Eldorado Gold (EGO) was downgraded by analysts at TD Newcrest to a “Buy” rating.
Yanzhou Coal Mining (YZC) was downgraded by HSBC (NYSE:HBC) from an “Overweight” rating to a “Neutral” rating.
Fox Chase Bancorp (FXCB) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.
Sterling Bancorp (STL) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.
Microsoft Corp. (MSFT) was downgraded by Davenport from a “Buy” rating to a “Neutral” rating.
SS&C Technologies Holdings, Inc. (SSNC) was downgraded by William Blair from an “Outperform” rating to a “Market Perform” rating.
News Corp. (NWSA) was downgraded by Needham & Company from a “Buy” rating to a “Hold” rating.
New York & Company, Inc. (NWY) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating.
Eldorado Gold (EGO) was downgraded by analysts at TD Newcrest to a “Buy” rating.
Yanzhou Coal Mining (YZC) was downgraded by HSBC (NYSE:HBC) from an “Overweight” rating to a “Neutral” rating.
Fox Chase Bancorp (FXCB) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.
Sterling Bancorp (STL) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.
Microsoft Corp. (MSFT) was downgraded by Davenport from a “Buy” rating to a “Neutral” rating.
SS&C Technologies Holdings, Inc. (SSNC) was downgraded by William Blair from an “Outperform” rating to a “Market Perform” rating.
News Corp. (NWSA) was downgraded by Needham & Company from a “Buy” rating to a “Hold” rating.
New York & Company, Inc. (NWY) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating.
Monday, August 22, 2011
Gold Jumping on QE3 Speculation
Speculation the Federal Reserve will introduce another round of quantitative easing had the price gold surpassing the $1,890 mark early in the trading day, as investors continue to migrate toward safety in the volatile and weak economy.
Gold broke $1,890 in New York and London, as the failed Obama economic policies continue to weigh on the global economy.
While some continue to talk double-dip recession, we at Everything Gold have maintained we've never left the recession, as the data continue to confirm.
Others who believed in the recovery myth are now talking entering a recession, which has helped offer support to the price of gold, as well as the ongoing sovereign debt debacle in Europe. An earlier-than-expected QE3 adds more fuel to the gold price fire, and could cause an inevitable correction in gold to be somewhat subdued in comparison to what it may have been.
Barrick Gold (NYSE:ABX) was trading at $52.61, gaining $1.83, or 3.60 percent, as of 11:48 AM. Yamana Gold (NYSE:AUY) was trading at $15.94, jumping $0.43, or 2.77 percent. Newmont Mining (NYSE:NEM) was at $63.23, climbing $3.15, or 5.24 percent. Goldcorp was trading at $53.96, increasing $2.31, or 4.47 percent. Eldorado Gold was at $20.12, up $0.73, or 3.76 percent. Novagold was trading at $10.05, gaining $0.49, or 5.13 percent.
Gold broke $1,890 in New York and London, as the failed Obama economic policies continue to weigh on the global economy.
While some continue to talk double-dip recession, we at Everything Gold have maintained we've never left the recession, as the data continue to confirm.
Others who believed in the recovery myth are now talking entering a recession, which has helped offer support to the price of gold, as well as the ongoing sovereign debt debacle in Europe. An earlier-than-expected QE3 adds more fuel to the gold price fire, and could cause an inevitable correction in gold to be somewhat subdued in comparison to what it may have been.
Barrick Gold (NYSE:ABX) was trading at $52.61, gaining $1.83, or 3.60 percent, as of 11:48 AM. Yamana Gold (NYSE:AUY) was trading at $15.94, jumping $0.43, or 2.77 percent. Newmont Mining (NYSE:NEM) was at $63.23, climbing $3.15, or 5.24 percent. Goldcorp was trading at $53.96, increasing $2.31, or 4.47 percent. Eldorado Gold was at $20.12, up $0.73, or 3.76 percent. Novagold was trading at $10.05, gaining $0.49, or 5.13 percent.
Tuesday, August 9, 2011
JPMorgan (JPM) Says Gold Could Push $2,500 by the End of 2011
After three straight days of a huge gold rally, the largest since 2008, JPMorgan (NYSE:JPM) said gold could go crazy and soar to as high as $2,500 an ounce by the end of 2011.
This of course is led by Obama and the Democrat refusing to do the responsible thing and cut back on government spending (along with some Republicans).
Gold has jumped recently to an all-time high of $1,779 an ounce. The $2,500 mark, if reached, would represent a new high when taking into consideration being adjusted for inflation.
Goldman Sachs (NYSE:GS) has also joined the gold chorus, saying they see it hitting $1,730 an ounce within 6 months and $1,900 an ounce in 12 months.
Keynesianism is in its death throes as the realization the failed economic theory of the government printing money to escape recessions is just that - a failed one. Socialism everywhere is on the run as the unsustainability of entitlement programs and excessive military spending is increasingly being made clear to a growing number of people.
Consequently, the reason gold is soaring is not only as a safety hedge and defense against inflation, but it's value and recognition as a viable currency is roaring back. Gold has also broken away from the impact of demand, from and industrial standpoint, no longer considered to be affected by the business cycle.
As expected, gold miners are trading up today, with Yamana Gold (NYSE:AUY) trading at $13.61, gaining $0.16, or 1.19 percent, as of 12:14 PM EDT. NovaGold (NYSE:NG) was at $9.30, up $0.26, or 2.88 percent. Eldorado Gold (NYSE:EGO) was trading at $18.08, gaining $0.20, or 1.12 percent. Newmont Mining (NYSE:NEM) was at $54.46, up $0.33, or 0.61 percent. Goldcorp was trading at $46.66, gaining $0.22, or 0.47 percent. Barrick Gold was at $46.62, jumping $0.48, or 1.04 percent.
This of course is led by Obama and the Democrat refusing to do the responsible thing and cut back on government spending (along with some Republicans).
Gold has jumped recently to an all-time high of $1,779 an ounce. The $2,500 mark, if reached, would represent a new high when taking into consideration being adjusted for inflation.
Goldman Sachs (NYSE:GS) has also joined the gold chorus, saying they see it hitting $1,730 an ounce within 6 months and $1,900 an ounce in 12 months.
Keynesianism is in its death throes as the realization the failed economic theory of the government printing money to escape recessions is just that - a failed one. Socialism everywhere is on the run as the unsustainability of entitlement programs and excessive military spending is increasingly being made clear to a growing number of people.
Consequently, the reason gold is soaring is not only as a safety hedge and defense against inflation, but it's value and recognition as a viable currency is roaring back. Gold has also broken away from the impact of demand, from and industrial standpoint, no longer considered to be affected by the business cycle.
As expected, gold miners are trading up today, with Yamana Gold (NYSE:AUY) trading at $13.61, gaining $0.16, or 1.19 percent, as of 12:14 PM EDT. NovaGold (NYSE:NG) was at $9.30, up $0.26, or 2.88 percent. Eldorado Gold (NYSE:EGO) was trading at $18.08, gaining $0.20, or 1.12 percent. Newmont Mining (NYSE:NEM) was at $54.46, up $0.33, or 0.61 percent. Goldcorp was trading at $46.66, gaining $0.22, or 0.47 percent. Barrick Gold was at $46.62, jumping $0.48, or 1.04 percent.
Monday, July 25, 2011
NovaGold (NG) (GG) (NEM) (EGO) (ABX) Trading Up as Gold Jumps
The price of gold is hopping again today, pushing up shares of gold miners like NovaGold (NYSE:NG), Goldcorp (NYSE:GG), Newmont (NYSE:NEM), Eldorado Gold (NYSE: EGO) and Barrick Gold (NYSE:ABX), as the market remains jittery over the inability of politicians to come to a conclusion concerning the debt ceiling.
U.S. gold futures for August delivery rose to $16.80 an ounce at $1,618.30.
Spot gold climbed as high as $1,624 an ounce and was up 1.1 percent at $1,615.74 an ounce.
Expectations are the price of gold will be volatile this week, moving in conjunction with news stories released covering the negotiations.
Silver Prices jumped to $41.08 an ounce in Monday morning – a 2.5 gain from the close on Friday. It has pulled back since then.
U.S. gold futures for August delivery rose to $16.80 an ounce at $1,618.30.
Spot gold climbed as high as $1,624 an ounce and was up 1.1 percent at $1,615.74 an ounce.
Expectations are the price of gold will be volatile this week, moving in conjunction with news stories released covering the negotiations.
Silver Prices jumped to $41.08 an ounce in Monday morning – a 2.5 gain from the close on Friday. It has pulled back since then.
Thursday, July 14, 2011
Gold Prices Today Soaring on Debt Fears
With U.S. and European debt generating huge concerns among investors, gold continues to push up, increasing by $3 to $1,588.50 an ounce at the Comex division of the New York Mercantile Exchange for August delivery.
Gold has reached as high as $1,594.90, as it presses toward the $1,600 an ounce mark.
The euro was up 0.33 percent against the dollar, while the dollar index remains flat at $74.96.
Uncertainty in the U.S. and Europe continues to be the determining factor in the price of gold during this time, and the hint toward the Federal Reserve being ready to pour more money into the market and further devalue the U.S. dollar is more fuel to the gold price fire.
Also on the back of the minds of investors is the inflation situation in China and India. India just announced inflation climbed to 9.44 percent in Junem up form 9.06 percent in May. Production prices in the U.S. also help gold, and silver as well, falling 0.4 percent below what was being looked for.
Barrick Gold (NYSE:ABX) and US Gold Corp (NYSE:UXG) have been the recipients of bullish call activity recently, with investors acquired 53,000 call options in comparison to 20,000 puts.
US Gold has heavy call activity for November. The share price has been jumping since it hit $5.82 on Monday. It was trading at $6.65, as of 10:59 AM EDT.
A number of gold miners have pulled back after jumping in early morning trading. Goldcorp was at $54.01, falling 0.23, or 0.42 percent, as of 11:00 AM EDT. Yamana Gold (NYSE:AUY) was at $13.01, down $0.14, or 1.06 percent. Eldorado Gold was trading at $17.76, declining $0.01, or 0.06 percent. NovaGold was at $10.06, dropping $0.21, or 2.04 percent.
Gold has reached as high as $1,594.90, as it presses toward the $1,600 an ounce mark.
The euro was up 0.33 percent against the dollar, while the dollar index remains flat at $74.96.
Uncertainty in the U.S. and Europe continues to be the determining factor in the price of gold during this time, and the hint toward the Federal Reserve being ready to pour more money into the market and further devalue the U.S. dollar is more fuel to the gold price fire.
Also on the back of the minds of investors is the inflation situation in China and India. India just announced inflation climbed to 9.44 percent in Junem up form 9.06 percent in May. Production prices in the U.S. also help gold, and silver as well, falling 0.4 percent below what was being looked for.
Barrick Gold (NYSE:ABX) and US Gold Corp (NYSE:UXG) have been the recipients of bullish call activity recently, with investors acquired 53,000 call options in comparison to 20,000 puts.
US Gold has heavy call activity for November. The share price has been jumping since it hit $5.82 on Monday. It was trading at $6.65, as of 10:59 AM EDT.
A number of gold miners have pulled back after jumping in early morning trading. Goldcorp was at $54.01, falling 0.23, or 0.42 percent, as of 11:00 AM EDT. Yamana Gold (NYSE:AUY) was at $13.01, down $0.14, or 1.06 percent. Eldorado Gold was trading at $17.76, declining $0.01, or 0.06 percent. NovaGold was at $10.06, dropping $0.21, or 2.04 percent.
Wednesday, July 13, 2011
Eldorado (EGO) (GSS) (AEM) (HMY) (GG) Soar as Gold Breaks New All-Time Record
The price of gold broke another all-time record Tuesday, resulting in gold miners like Eldorado (NYSE:EGO), Golden Star Resources (AMEX:GSS), Agnico-Eagle (NYSE:AEM), Harmony Gold Mining (NYSE:HMY) and Goldcorp (NYSE:GG) popping.
Much of the fast action happened after reports revealed the Federal Reserve has been contemplating another round of quantitative easing, or printing money.
The price of gold settled at $1,562.30, gaining $13.10 on the day, and was up about $20 in after hours trading. The former settlement record was $1,557.10 an ounce on May 2, 2011. The rally fell short of the overall high of $1,577, reaching $1,574 an ounce.
Parameters of initiating QE3 would be sustainably high unemployment rates and low inflation, according to FOMC minutes from the meeting. Interestingly, at the same meeting other members noted they may have to take money out of the market if inflation risk continues to linger or increase.
Silver prices fell to $35.63 an ounce, a loss of 6 cents. In after hours trading the price of silver also soared by over 50 cents an ounce.
Eldorado Gold closed Tuesday at $16.63, gaining $0.81, or 5.12 percent. Golden Star Resources ended the session at $2.54, rising $0.14, or 5.83 percent. Agnico-Eagle closed at $64.35, jumping $2.19, or 3.52 percent. Harmony Gold Mining closed the day at $13.52, increasing $0.54, or 4.16 percent. Goldcorp closed at $52.56, soaring $2.15, or 4.27 percent.
Other gold miners making significant moves included Kinross Gold (KGC), which ended at $16.73, up $0.42, or 2.58 percent. Yamana Gold (NYSE:AUY) closed at $12.85, climbing $0.39, or 3.13 percent. NovaGold Resources Inc. (AMEX:NG) jumped to $9.91, gaining $0.27, or 2.80 percent. Gold Fields (NYSE:GFI) closed at $15.12, rising $0.66, or 4.56 percent. IAMGOLD Corporation (NYSE:IAG) ended the day at $20.25, up $0.90, or 4.65 percent.
Much of the fast action happened after reports revealed the Federal Reserve has been contemplating another round of quantitative easing, or printing money.
The price of gold settled at $1,562.30, gaining $13.10 on the day, and was up about $20 in after hours trading. The former settlement record was $1,557.10 an ounce on May 2, 2011. The rally fell short of the overall high of $1,577, reaching $1,574 an ounce.
Parameters of initiating QE3 would be sustainably high unemployment rates and low inflation, according to FOMC minutes from the meeting. Interestingly, at the same meeting other members noted they may have to take money out of the market if inflation risk continues to linger or increase.
Silver prices fell to $35.63 an ounce, a loss of 6 cents. In after hours trading the price of silver also soared by over 50 cents an ounce.
Eldorado Gold closed Tuesday at $16.63, gaining $0.81, or 5.12 percent. Golden Star Resources ended the session at $2.54, rising $0.14, or 5.83 percent. Agnico-Eagle closed at $64.35, jumping $2.19, or 3.52 percent. Harmony Gold Mining closed the day at $13.52, increasing $0.54, or 4.16 percent. Goldcorp closed at $52.56, soaring $2.15, or 4.27 percent.
Other gold miners making significant moves included Kinross Gold (KGC), which ended at $16.73, up $0.42, or 2.58 percent. Yamana Gold (NYSE:AUY) closed at $12.85, climbing $0.39, or 3.13 percent. NovaGold Resources Inc. (AMEX:NG) jumped to $9.91, gaining $0.27, or 2.80 percent. Gold Fields (NYSE:GFI) closed at $15.12, rising $0.66, or 4.56 percent. IAMGOLD Corporation (NYSE:IAG) ended the day at $20.25, up $0.90, or 4.65 percent.
Monday, July 11, 2011
Harmony (HMY) (IAG) (EGO) (GSS) (AEM) Close Mixed
Harmony Gold Mining (NYSE:HMY), IAMGOLD (NYSE:IAG), Eldorado Gold (NYSE:EGO), Golden Star Resources (AMEX:GSS) and Agnico-Eagle (NYSE:AEM) closed mixed as gold closed Friday at $1,541.60 an ounce, adding $11 at the Comex division of the New York Mercantile Exchange.
Gold traded in a range of $1,525 to $1,546.
During the four days the stock market was open last week, the NYSE Arca Exchange Gold BUGS index climbed 4.1 percent. Spot gold rose by $10.70 an ounce.
The strength in gold Friday was largely attributed to the failed Obama and Democrat economic policies, which have kept the country in a recession, contrary to commentary that we may go into a double dip recession; something that can't happen because we never left it.
Triggering the move up in gold was the disastrous jobs report which revealed only 18,000 jobs being added in June, while the umemployment rate soared to 9.2 percent. Approximately 7.5 million people are collecting unemployment.
As for gold, the next several weeks are expected to be more volatile as to price movement.
Agnico-Eagle closed Friday at $62.90, falling $0.05, or 0.08 percent. Golden Star Resources ended the session at $2.42, down $0.08, or 3.20 percent. Eldorado Gold closed at $16.01, gaining $0.05, or 0.31 percent. IAMGOLD closed at $19.41, up $0.05, or 0.26 percent. Harmony Gold Mining closed at $13.24, dropping $0.06, or 0.45 percent.
Gold traded in a range of $1,525 to $1,546.
During the four days the stock market was open last week, the NYSE Arca Exchange Gold BUGS index climbed 4.1 percent. Spot gold rose by $10.70 an ounce.
The strength in gold Friday was largely attributed to the failed Obama and Democrat economic policies, which have kept the country in a recession, contrary to commentary that we may go into a double dip recession; something that can't happen because we never left it.
Triggering the move up in gold was the disastrous jobs report which revealed only 18,000 jobs being added in June, while the umemployment rate soared to 9.2 percent. Approximately 7.5 million people are collecting unemployment.
As for gold, the next several weeks are expected to be more volatile as to price movement.
Agnico-Eagle closed Friday at $62.90, falling $0.05, or 0.08 percent. Golden Star Resources ended the session at $2.42, down $0.08, or 3.20 percent. Eldorado Gold closed at $16.01, gaining $0.05, or 0.31 percent. IAMGOLD closed at $19.41, up $0.05, or 0.26 percent. Harmony Gold Mining closed at $13.24, dropping $0.06, or 0.45 percent.
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