Showing posts with label Rackspace. Show all posts
Showing posts with label Rackspace. Show all posts

Tuesday, February 21, 2012

Rackspace (RAX) (NVR) (MDRX) (MXWL) (RP) (SFG) (VCI) (WSH) Ratings, Price Targets

Rackspace Hosting, Inc. (RAX), Allscripts Healthcare Solutions (MDRX), Maxwell Technologies (MXWL), Realpage (RP), StanCorp Financial Group, Inc. (SFG), Valassis Communications, Inc. (VCI), NVR, Inc. (NVR) and Willis Group Holdings PLC (WSH) had ratings and price targets on them adjusted by analysts.

Raymond James downgraded Allscripts Healthcare Solutions (MDRX) from a "Strong-Buy" rating to an "Outperform" rating.

Robert W. Baird downgraded Maxwell Technologies (MXWL) from an "Outperform" rating to a "Neutral" rating. They placed a price target of $21.00 on the company.

MKM Partners downgraded NVR, Inc. (NVR) from a "Buy" rating to a "Neutral" rating.

Bank of America downgraded Rackspace Hosting, Inc. (RAX) from a "Buy" rating to a "Neutral" rating.

Pacific Crest Realpage (RP) from an "Outperform" rating to a "Sector Perform" rating.

Morgan Stanley downgraded StanCorp Financial Group, Inc. (SFG) from an "Equal Weight" rating to an "Underweight" rating.

Goldman Sachs downgraded The J.M. Smucker Company (SJM) to a "Buy" rating.

Raymond James downgraded Valassis Communications, Inc. (VCI) from an "Outperform" rating to an "Market Perform" rating.

Sandler O'Neill downgraded Willis Group Holdings PLC (WSH) from a "Buy" rating to an "Hold" rating.

Tuesday, August 23, 2011

Stryker (SYK) (POR) (RAX) (RHHBY) (SLM) (SUSQ) (SWFT) Upgraded

Stryker (NYSE: SYK), Portland General Electric Company (NYSE: POR), Rackspace Hosting, Inc. (NYSE: RAX), Roche Holding Ltd. (NASDAQ: RHHBY), SLM Co. (NYSE: SLM), Susquehanna Bank (NASDAQ: SUSQ) and Swift Transportation (NASDAQ: SWFT) upgraded by analysts.

Stryker (SYK) was upgraded by Lazard Capital from a “Hold” rating to a “Buy” rating. They have a price target of $60.00 on the company.

Portland General Electric Company (POR) was upgraded by Williams Capital from a “Hold” rating to a “Buy” rating. They have a price target of $27.00 on the company.

Rackspace Hosting, Inc. (RAX) was upgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Outperform” rating.

Roche Holding Ltd. (RHHBY) was upgraded by RBS from a “Hold” rating to a “Buy” rating.

SLM Co. (SLM) was upgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Outperform” rating.

Susquehanna Bank (SUSQ) was upgraded by Stifel Nicolaus from a “Sell” rating to a “Hold” rating.

Swift Transportation (SWFT) was upgraded by Capstone from a “Hold” rating to a “Buy” rating.

Wednesday, August 10, 2011

Genesco (GCO) (HUM) (KOG) (OGE) (WFC) (RAX) Upgraded

Genesco Inc. (NYSE: GCO), Humana (NYSE: HUM), Kodiak Oil & Gas Corp. (NYSE: KOG), OGE Energy Corp. (NYSE: OGE), Wells Fargo & Co. (NYSE: WFC) and Rackspace Hosting, Inc. (NYSE: RAX) upgraded by analysts.



Genesco Inc. (GCO) was upgraded by SunTrust (NYSE:STI) from a “Neutral” rating to a “Buy” rating.



Humana (HUM) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating.



Kodiak Oil & Gas Corp. (KOG) was upgraded by Global Hunter Securities from an “Accumulate” rating to a “Buy” rating. They have a price target of $7.50 on the company.



OGE Energy Corp. (OGE) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating.



Wells Fargo & Co. (WFC) was upgraded by FBR Capital from a “Market Perform” rating to an “Outperform” rating. They have a price target of $31.00 on the company.



Rackspace Hosting, Inc. (RAX) was upgraded by Piper Jaffray (NYSE:PJC) from a “Neutral” rating to an “Overweight” rating. They have a price target of $43.00 on the company.

Friday, May 20, 2011

Ratings on (INTU) (RAX) (ARO) (ADSK) (ARUN) Reiterated

Ratings on shares of Intuit Inc. (NASDAQ: INTU), Rackspace Hosting, Inc. (NYSE: RAX), Aeropostale, Inc. (ARO), Autodesk (NASDAQ: ADSK) and Aruba Networks, Inc. (NASDAQ: ARUN) were reiterated by analysts.

Wedbush reiterated an “outperform” rating on Intuit Inc. (INTU).

Stifel Nicolaus reiterated a “buy” rating on Rackspace Hosting, Inc. (RAX).

Morgan Stanley (NYSE:MS) reiterated an “underweight” rating on Aeropostale, Inc. (ARO).

Stifel Nicolaus reiterated a “hold” rating on Autodesk (ADSK).

Wedbush reiterated a “neutral” rating on Aruba Networks, Inc. (ARUN).

Wednesday, May 11, 2011

Price Targets on (LOPE) (LMNX) (RAX) (SF) (SGY) Updated

Price targets on Grand Canyon Education Incorporated (NASDAQ: LOPE), Luminex (NASDAQ: LMNX), Rackspace Hosting, Inc. (NYSE: RAX), Stifel Financial Corp. (NYSE: SF) and Stone Energy (NYSE: SGY) updated by analysts.

UBS AG (NYSE:UBS) cut their price target on Grand Canyon Education Incorporated (LOPE) from $22.00 to $20.00. They have a “buy” rating on the company.

Jefferies (NYSE:JEF) raised their price target on Luminex (LMNX) from $16.00 to $17.00.

Credit Suisse (NYSE:CS) raised their price target on Rackspace Hosting, Inc. (RAX) from $42.00 to $50.00. They have an “outperform” rating on the company.

Bank of America (NYSE:BAC) cut their price target on Stifel Financial Corp. (SF) from $49.00 to $46.00.

Barclays Capital raised their price target on Stone Energy (SGY) from $38.00 to $42.00. They have an “equal weight” rating on the company.

Price Targets on (ROSE) (LOPE) (LMNX) (PVA) (RAX) Updated

Price targets on Rosetta Resources Inc. (NASDAQ: ROSE), Grand Canyon Education Incorporated (NASDAQ: LOPE), Luminex (NASDAQ: LMNX), Penn Virginia (NYSE: PVA) and Rackspace Hosting, Inc. (NYSE: RAX) updated by analysts.

Credit Suisse (NYSE:CS) raised their price target on Rosetta Resources Inc. (ROSE) from $57.00 to $62.00. They have an “outperform” rating on the company.

Credit Suisse cut their price target on Grand Canyon Education Incorporated (LOPE) from $16.00 to $14.00.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Luminex (LMNX) from $17.00 to $18.00. They have a “neutral” rating on the company.

Barclays Capital cut their price target on Penn Virginia (PVA) from $21.00 to $18.00. They have an “equal weight” rating on the company.

JMP Securities raised their price target on Rackspace Hosting, Inc. (RAX) from $42.00 to $48.00. They have an “outperform” rating on the company.

Ratings on (NVDA) (PANL) (PHM) (RAX) (RST) Reiterated

Ratings on NVIDIA (NASDAQ: NVDA), Universal Display Co. (NASDAQ: PANL), PulteGroup, Inc. (NYSE: PHM), Rackspace Hosting, Inc. (NYSE: RAX) and Rosetta Stone Inc. (NYSE: RST) reiterated by analysts.

Goldman Sachs (NYSE:GS) reiterated a “neutral” rating on NVIDIA (NVDA).

Oppenheimer reiterated a “market perform” rating on Universal Display Co. (PANL).

Goldman Sachs reiterated a “buy” rating on PulteGroup, Inc. (PHM). They have a price target of $10.00 on the company.

Morgan Stanley (NYSE:MS) reiterated an “equal weight” rating on Rackspace Hosting, Inc. (RAX).

Jefferies (NYSE:JEF) reiterated a “hold” rating on Rosetta Stone Inc. (RST).

EPS Est on (PPL) (RAX) (SF) (SREV) (SYY) (WAB) Updated

EPS estimates on PPL Co. (NYSE: PPL), Rackspace Hosting, Inc. (NYSE: RAX), Stifel Financial Corp. (NYSE: SF), Servicesource International (NASDAQ: SREV), SYSCO Co. (NYSE: SYY) and Westinghouse Air Brake Technologies Corp (NYSE: WAB) updated by analysts.

UBS AG (NYSE:UBS) cut their EPS estimates on PPL Co. (PPL). They have a “neutral” rating and a price target of $28.00 on the company.

Oppenheimer cut their EPS estimates on Rackspace Hosting, Inc. (RAX). They have a “market perform” rating on the company.

Goldman Sachs (NYSE:GS) cut their EPS estimates on Stifel Financial Corp. (SF). They have a “buy” rating and a price target of $52.00 on the company.

Morgan Stanley (NYSE:MS) raised their EPS estimate on Servicesource International (SREV). They have an “outperform” rating and a price target of $17.50 on the company.

Morgan Stanley raised their EPS on SYSCO Co. (SYY). They have an “equal weight” rating on the company.

Keybanc raised their EPS estimate on Westinghouse Air Brake Technologies Corp (WAB). They have a “buy” rating and a price target of $75.00 on the company.

Tuesday, May 10, 2011

Price Targets on (THC) (TC) (ROSE) (RAX) Updated

Price targets on Tenet Healthcare Co. (NYSE: THC), Thompson Creek Metals Co Inc (NYSE: TC), Rosetta Resources Inc. (NASDAQ: ROSE) and Rackspace Hosting, Inc. (NYSE: RAX) updated by analysts.

The Benchmark Company raised their price target on Rackspace Hosting, Inc. (RAX) from $43.00 to $50.00. They have a “buy” rating on the company.

FBR Capital raised their price target on Rosetta Resources Inc. (ROSE) from $55.00 to $65.00. They now have an “outperform” rating on the company.

RBC Capital cut their price target on Tenet Healthcare Co. (THC) to $6.75.

Stifel Nicolaus raised their price target on Rackspace Hosting, Inc. (RAX) from $45.00 to $50.00. They have a “buy” rating on the company.

Global Hunter Securities raised their price target on Rosetta Resources Inc. (ROSE) from $51.00 to $62.00. They have a “buy” rating on the company.

Dahlman Rose cut their price target on Thompson Creek Metals Co Inc (TC) from $18.00 to $16.00. They have a “buy” rating on the company.

Price Targets on (SLW) (LQDT) (RAX) (ROSE) Updated

Price targets on Silver Wheaton Corp. (NYSE: SLW), Liquidity Services (NASDAQ: LQDT), Rackspace Hosting, Inc. (NYSE: RAX) and Rosetta Resources Inc. (NASDAQ: ROSE) updated by analysts.

RBC Capital cut their price target on Silver Wheaton Corp. (SLW) from $57.00 to $55.00. They have an “outperform” rating on the company.

Barrington Research raised their price target on Liquidity Services (NASDAQ: LQDT) from $20.50 to $24.50. They have an “outperform” rating on the company.

Kaufman Brothers raised their price target on Rackspace Hosting, Inc. (NYSE: RAX) from $35.00 to $38.00. They have a “hold” rating on the company.

RBC Capital raised their price target on Rosetta Resources Inc. (ROSE) from $50.00 to $56.00. They have an “outperform” rating on the company.

Rodman & Renshaw raised their price target on Rosetta Resources Inc. (ROSE) from $53.00 to $59.00. They have an “outperform” rating on the company.

Tuesday, April 12, 2011

Chanos Long on (FMCN) (C) (NYX) (NDAQ) (RAX)

Jim Chanos has built his reputation on his short sales, but that has changed some, according to the latest filing of Kynikos Associates LP, which via its 13F form shows the company has taken long positions in a number of holdings, including Citigroup (NYSE:C) NYSE Euronext (NYSE:NYX), NASDAQ OMX (NASDAQ:NDAQ), Focus Media Holding Ltd (NASDAQ:FMCN) and Rackspace Hosting (NYSE:RAX).

This may be the first time Chanos's company has entered into long positions, suggesting a major shift in strategy and thinking.

It will bear watching over the months ahead to see if this is a long-term shift for the shorting legend.

There are numerous theories as to why Chanos has started going long, one of which is new investors may be pressing him to become more investment-neutral than in the past.

It'll be interesting to see if he offers up an explanation.

Thursday, March 31, 2011

Rackspace (RAX) (Dell) (EQIX) Partner on OpenStack

Shares of Rackspace Hosting (NYSE:RAX) soared to an all-time high on news its partnering with Dell Inc. (Nasdaq:DELL) and Equinix, Inc. (NASDAQ:EQIX) on an open-source cloud-computing platform named OpenStack they developed together.

The demo environment will be offered in three data centers: the Rackspace data center in Chicago, Illinois., the Equinix International Business Exchange (IBX) in Silicon Valley, California, and in Ashburn, Virginia.

The trio also have a strategy in place to work on similar demo environments in Equinix data centers in Asia and Europe during the second quarter of 2011.

What the demonstration environment does is empower entities to quickly and easily assess a variety of applications on the open-source cloud platform.

Rackspace closed Wednesday at $43.01, gaining $3.30, or 8.31 percent.

Thursday, January 20, 2011

Riverbed (Nasdaq:RVBD), Blue Coat (Nasdaq:BCSI), Rackspace (NYSE:RAX) Plunge on F5 Miss

The "miss" by F5 Networks (Nasdaq:FFIV) has caused reverberations across the sector, as Riverbed Technology (Nasdaq:RVBD), Blue Coat Systems(Nasdaq:BCSI) and Rackspace (NYSE:RAX) all had their share prices plunge on concerns the sector may be slowing down.

It's all about momentum with the F5 story, and if it appears that's what's happening (yet to be determined), the companies would take another big hit before the smoke cleared.

Interestingly, it's not that the quarter for F5 was bad, but they and the other companies in the sector are simply victims of the sectors' recent success, which had generated high expectations that would eventually have to be disappointed.

More than anything, it appears it was the lower guidance by F5 for 2011 that made the most impact.

Rackspace was trading at $29.92, dropping $3.51, or 10.50 percent, as of 11:25 AM EST. Blue Coat was trading at $27.53, down $2.67, or 8.84 percent. Riverbed was at $34.08, losing $2.89, or 7.82 percent.