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In an update published yesterday, Deutsche Bank has announced that they are discontinuing coverage on Psychiatric Solutions after their acquisition by Universal Health Services (NYSE: UHS). Deutsche Bank writes, "The acquisition closed within the expected timeframe and the FTC order to divest 4...

Credit Suisse has released its Global Oil Daily this morning and has raised estimates on Noble Corp. (NYSE: NE) and Global Geophysical Services (NYSE: GGS). Credit Suisse raised EPS estimates for NE in 2011 and 2012 to $3.80/$4.40 from $3.70/$4.32. NE's price target has also been raised to $43 from...

Piper Jaffray has published its research report today on Molycorp (NYSE: MCP) following 3Q results that fell short of expectations. MCP had 3Q10 revenues of $8 million compared to Piper Jaffray's $18 million estimate. Gross margins were higher at %9.4 versus the Piper Jaffray estimate of 2%. Piper...

Jefferies has published its research report today on Senior Housing Properties (NYSE: SNH) following their acquisition of 27 MOBs for $470M announced last Friday. Jefferies writes, "The 27 MOBs have a weighted average occupancy of 95%, include ~2.8M sq. ft., and are located in 12 states. SNH...

J.P. Morgan published its research report today on Carter's Inc. (NYSE: CRI) and The Children's Place Retail Stores (NasdaqGS: PLCE). J.P. Morgan notes that, "CRI's competitive position is as strong as ever, with spring bookings up midteens at Carter's wholesale, up low double digits at OshKosh...

Oppenheimer published an update on Medtronic Inc. (NYSE: MDT) following a presentation from the Resynchronization/ Defibrillation for Ambulatory Heart Failure Trial (RAFT) that MDT sponsored. The trial, evaluating CRT-Ds versus ICDs, shows a significant reduction in combined mortality or heart...

Dahlman Rose & Co. has published its research report on FreeSeas, Inc. (NasdaqGM: FREE) following 3Q10 results. FREE's 3Q10 results were slightly lower than expected. Adjusted 3Q10 EPS were $0.10 compared to Dahlman Rose & Co.'s estimate of $0.13. FREE's net revenues were $12.5MM which fell...

Jefferies & Company published a health care update today as 47% of their covered companies guidance was maintained or in line with the street. Jefferies & Co. think management teams are taking a more cautious and realistic approach because of "2010's soft utilization trends, HC reform and...

Allergan Inc. (NYSE: AGN) has an overweight rating thanks in part to the use of Botox for migraines. Dr. John Rothrock, a leader in the treatment of migraines, spoke to Piper Jaffray about the usage of Botox for patients with chronic migraines. Dr. Rothrock notices a benefit when Botox is used for...

Piper Jaffray released its research report today on The Home Depot (NYSE: HD) maintaining their Neutral rating and price target. The Home Depot is expected to have in line Q3 EPS of $0.47, consensus is $0.48. They are also believed to have Q3E of $16.7B compared to the consensus of $16.4B. Piper...

Hudson Securities has raised their price target on Manitex Int'l (NasdaqCM: MNTX) according to their 3Q update published today. MNTX reported much stronger numbers in 3Q10 than 3Q09. MNTX's 3Q10 EPS were $0.06 compared to a -$0.01 in 3Q09. Their revenue also increased 65% (+39 excluding...

Yesterday Goldman Sachs updated its estimates for Graham Packaging Company (NYSE: GRM) following 3Q2010 results. GRM reported 3Q2010 EPS of $0.53 which were just below Goldman Sachs estimate of $0.55. GRM's EBITDA for 3Q10 was $129.4 mn compared to Goldman Sachs estimate of $130.0 mn. Due to the...

This morning, FBR Capital has announced that it downgrading the following companies: UDR, Inc. (NYSE: UDR), downgraded to Market Perform; currently trades at $22.89. Colonial Properties Trust (NYSE: CLP), downgraded to Market Perform; currently trades at $18.45.

Jefferies & Company has raised the price target on Concur Technologies (NASDAQ: CNQR) from $54 to $58 according to their research report published today. CNQR reported F4Q10 rev/ NG EPS/ FCF of $77.5M/ $0.19/ $17.3M compared to Jefferies & Co.'s $77.2M/ $0.17/ $14.6M and Street at $77M/ $0....

Wunderlich Securities has published its research report today on Cisco Systems (NasdaqGS: CSCO) downgrading their stock to a Hold rating. Although Cisco Systems 1Q11 reports are in line with estimates, their order rate has dropped during the last month of the quarter. Wunderlich Securities writes...