Stock Tickers: BARE, HWAY, RIMM, DNA, ETP, APPB, C, RUTH, PFCB, SLG, BPO
Upgrades: Bare Escentuals, Inc. (BARE) raised to Buy from Neutral.
Healthways, Inc. (HWAY) raised from Sell to Neutral, but estimates cut from $1.50 to $1.30.
Research in Motion Ltd (RIMM) estimates raised from $4.49 to $4.51.
Genentech (DNA) estimates raised to $2.60 from $2.58.
Energy Transfer Partners L.P. (ETP) estimates raised from $2.80 to $3.10.
Applebees (APPB) estimates cut from $1.18 to $1.15.
PF Changs (PFCB) estimates cut from $1.44 to $1.43.
Ruth’s Chris Steak House (RUTH) estimates cut from $1.09 to $1.08.
Citigroup (C-NYSE) estimates cut from $4.60 to $4.40; Q1 GAAP EPS cut from $1.14 to $0.97 on charges; 2008 and 2009 estimates remain intact.
Goldman Sachs maintains a neutral stance on REIT’s but says that both SL Green Realty (SLG) and Brookfield Properties (BPO) are both rated Buy and both trade at significant discounts to their Net Asset Values.
Jon C. Ogg
April 12, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.