Stocks Upgrades: LSI, CREE, HTHT, HPT, AMSF
Thursday, March 10, 2022 10:43 AM

Related Stories

Early selling has taken the S&P 500 beneath its 50-day moving average so that it trades within close range of its one-month low.

The Dow Jones Industrial Average sank nearly 200 points after the government reported that new applications for unemployment benefits rose more than expected and the trade deficit jumped.


Craig-Hallum upgraded LSI Corp (NYSE: LSI) to buy from accumulat citing the divestiture of its external storage business and its announcement of an aggressive stock buyback program. The shares of the company are trading up 0.82 percent at $6.39.

The shares of Cree (Nasdaq: CREE) have been upgraded by CLSA to outperform from underperform based on expectations for increased LED adoption in 2012 and for a rebound in the LED streetlight market in China. CREE is trading at $47.32, up 0.70 percent.

Analysts at Brean Murray upgraded China Lodging Group (Nasdaq: HTHT) to buy from hold. The firm upgraded shares citing valuation, upbeat FY11 guidance, and expectations for FY12 margin expansion. The Company expects to achieve net revenues in the range of RMB410 to 430 million in the first quarter of 2011, representing a 20 percent to 26 percent growth as compared to the first quarter of 2010. For the full year 2011, the Company expects net revenues to grow 34 percent to 38 percent. The stock is trading high 4.51 percent at $18.76.

Hospitality Properties (NYSE: HPT) has been upgraded to outperform from neutral at Baird citing potential asset sales and reworked leases. The firm raised the company’s price target to $26 from $23. HPT is trading up at $23.08, by 1.59 percent.

Wunderlich upgraded Amerisafe (Nasdaq: AMSF) to buy from hold citing improving markets and raised its price target for shares to $25 from $18. The company’s shares are trading up 0.95 percent at $21.72.



Symbol :


Market news:

  • Obama, journalists ham it up at dressy dinner Mar 12, 2022 11:19 PM

    • WASHINGTON - Searching for laughs - and finding them - president Barack Obama spared few targets Saturday night, from Democratic allies to Republican antagonists to the journalists who cover him.
    • At his first presidential appearance before the Gridiron Club, Obama picked up on the spirit of the evening, leveling jokes in every direction including his own.
    • He saluted Mississippi's portly Gov. Haley Barbour, saying he appreciated his support of First Lady Michelle Obama's anti-obesity campaign.
      • Taylor scores 20, No. 2 Kansas wins Big 12 title Mar 12, 2022 10:58 PM

        • KANSAS CITY, Mo. - Tyshawn Taylor and Marcus Morris sparked a quick start and No.
        • 10 Texas 85-73 on Saturday in the Big 12 title game, avenging one of the saddest losses the Jayhawks have experienced in years.
        • Texas, which dropped to 0-6 in Big 12 championship games, whittled a 48-33 halftime deficit to 66-52 with about 8 minutes left, taking advantage while Marcus and Markieff Morris sat on the bench with three fouls.
          • 14 die in NYC bus crash; police interview driver Mar 12, 2022 10:51 PM

            • Fourteen passengers were killed.
            • The bus had just reached the outskirts of New York City on a journey from the Mohegan Sun casino in Connecticut when the high-speed crash occurred.
            • The driver told police he lost control trying to avoid a swerving tractor-trailer, as assertion that police said was under investigation.
              • Japan says partial meltdown likely at 2nd reactor Mar 12, 2022 10:28 PM

                • TOKYO - Japan's top government spokesman says a partial meltdown is likely under way at second reactor affected by Friday's massive earthquake.
                • Chief Cabinet Secretary Yukio Edano said Sunday that radiation at the nuclear power plant in Fukushima briefly rose above legal limits, but it has since declined significantly.
                • The plant is 170 miles (270 kilometers) north of Tokyo.
                  • For battered Japan, a new threat: nuclear meltdown Mar 12, 2022 09:30 PM

                    • IWAKI, Japan - Cooling systems failed at another nuclear reactor on Japan's devastated coast Sunday, hours after an explosion at a nearby unit made leaking radiation, or even outright meltdown, the central threat to the country following a catastrophic earthquake and tsunami.
                    • The Japanese government said radiation emanating from the plant appeared to have decreased after Saturday's blast, which produced a cloud of white smoke that obscured the complex.
                    • But the danger was grave enough that officials pumped seawater into the reactor to avoid disaster and moved 170,000 people from the area.

                      More news


    Recent Estimates

AnalystFirm NameSymbolEPS Estimate
PhidoPhido's Personal Investments DANG$0.02
davidgmllc JTX$0.33