It looks like a good start to the market day as we enter an options-expiration Friday. Some big stories and plenty of analyst moves to look at as well. Here is what traders may want to put on the radar this morning.
Research in Motion ( RIMM): Stock is trying to bounce back after dipping after-hours last night following the company's earnings release. E TRADE Financial Corporation ( ETFC): Shares are lower after pricing huge share offering. Wyndham Worldwide Corporation ( WYN): Shares are higher after company reaffirms estimates. CFO is leaving as well. CarMax ( KMX): Shares are higher after company reported first-quarter results. May help lift shares of Autozone ( AZO), Advance Auto Parts ( AAP) and other auto-parts retailers. Smith & Wesson Holding Corporation ( SWHC): Shares are higher after company beat fourth-quarter estimates. The Blackstone Group L.P. ( BX): Talk of further investment from Chinese government. Del Monte Foods Company ( DLM): Company raised its quarterly dividend payouts 25%.
Upgrades to Watch
Hartford Financial Group ( HIG): Upgraded at Deutsche Bank. Carnival ( CCL): Upgraded to equal weight at Barclays. $26 price target. Fidelity National Financial ( FNF): Upgraded to an outperform at RBC, but price target was lowered to $16. Microsoft ( MSFT): Upgraded to "conviction" buy at Goldman Sachs. $29 price target. Priceline ( PCLN): Initiated with a buy at Kaufman Bros. $145 price target. Discover Financial Services ( DFS): Barclays raises estimates following company's earnings call. $10 price target. Garmin ( GRMN): Barclays raises estimates for next year. Hershey ( HSY): Citigroup raises estimates. $43 price target. Jabil Circuit ( JBL): Deutsche Bank raises estimates. $8 price target. Company reports next week. Lorillard ( LO): Goldman Sachs raises target price to $80. Surprising call considering recent FDA ruling. Motorola ( MOT): JP Morgan increases price target to $9. Company has been a non-factor in the latest gadget wars.