...
Estava tão bem quietinho mas o vicio traiu-me.
Esperar, porque a paciencia é a alma do negócio.
Fórum dedicado à discussão sobre os Mercados Financeiros - Bolsas de Valores
http://caldeiraodebolsa.jornaldenegocios.pt/
http://caldeiraodebolsa.jornaldenegocios.pt/viewtopic.php?f=3&t=57344
F5 Networks Initiated at Sector Outperformer By CIBC >FFIV
Aug 13, 2007 17:57:38 (ET)
(END) Dow Jones Newswires
August 13, 2007 17:57 ET (21:57 GMT)
MAV8 Escreveu:8-)![]()
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TRADING IDEA - STAY OUT OF MARKETS
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Friday August 10, 2:37 pm ET
Zoran Surges After Analyst Upgrade
NEW YORK (AP) -- Shares of chip maker Zoran Corp. surged Friday, even as the broader market fell, after an analyst upgraded the stock based on its valuation.
J.P. Morgan analyst Paul Coster upgraded the stock to "Overweight" from "Neutral."
"We think the post-earnings sell-off is overdone," Coster wrote in a client note. "Zoran reported strong second-quarter results on July 23, pointing to growth momentum in all segments."
Last month the company said its second-quarter income fell from the year-ago period as a result of amortization and stock-option expenses. Excluding those items, the company would have earned 33 cents per share, which exceeded the consensus estimate. Analysts expected, on average, second-quarter earnings of 22 cents per share, according to a Thomson Financial survey.
ThinkEquity Thinks Acquisition-Related F5 Selling Overdone
Posted on Aug 10th, 2007 with stocks: FFIV
Eric Savitz (Barron's) submits: The sharp sell-off by F5 Networks (FFIV) shares following this week’s announcement of its acquisition of Acopia Networks for $210 million is overdone, ThinkEquity’s Jonathan Ruykhaver asserted in a research note Thursday. He raised his rating on the stock to Buy from Accumulate, and maintains an $84 price target.
“The relative small size of the acquisitions compared to core business suggests integration risk is overstated,” he wrote. “The core traffic management business remains strong, supported by strong fundamentals and secular trends.”
At the heart of the decline is concern about the near-term impact to earnings: Ruykhaver is expecting 11% dilution to earnings from the deal for the September 2008 fiscal year. But he says the deal “has strong potential of being materially accretive in the slightly longer term.”
Also Thursday, Ferris Baker Watts raised its rating on the stock to Buy from Neutral.
F5 shares, which plunged 21% from $83.68 at Friday’s close to Wednesday’s final mark of $66.11, Thursday rebounded $4.54, or 7%, to $70.65.