FBN

FBN is out with its report today on Silicon Graphics International (NASDAQ: SGI), reiterating Outperform. In its report, FBN writes, "We reiterate our Outperform rating on SGI and $20 PT following its Analyst's Day in NYC yesterday. The company reiterated prior guidance of F2012 (June) revenue...

FBN is out with its report today on Dell (NASDAQ: DELL), lowering its PT to $19 from $20. In its report, FBN writes, "We reiterate our Outperform rating on DELL and lower our PT from $20 to $19." FBN goes on to say, "We think that downside is limited unless we enter into a recession." At the...

FBN reiterated its Sector Perform rating on Emulex (NYSE: ELX). At the same time, the rating agency reduced its price target on the company's stock from $10 to $8. On Thursday, ELX added 6.46% to its value to finish the day at $7.25. Its shares lost all of yesterday's gains in today's pre-market...

FBN Securities upgraded its rating on Ryland Group (NYSE: RYL), Beazer Homes (NYSE: BZH) and D.R. Horton (NYSE: DHI) from Sector Perform to Outperform. On Monday, RYL lost 9.65% of its value to finish the day at $11.51. Its shares rebounded in today's pre-market trading, rising 2.93% to stand...

FBN is out with its report today on Quantum (NYSE: QTM), lowering its PT from $3.25 to $3.10. In a note to clients, FBN writes, "We retain our Sector Perform rating on QTM and reduce our price target from $3.25 to $3.10 following a disappointing FQ1 report and relatively weak guide." Shares of...

FBN reiterated its Outperform rating on Dell (NASDAQ: DELL). On Wednesday, DELL lost 0.12% of its value to finish the day at $16.53.

FBN is out with its report today on OCZ Technology (NASDAQ: OCZ), raising its PT from $10 to $11. In a note to clients, FBN writes, "OCZ increased its expectation for F2012 revenue from $300-330M to $310-345M. It also increased its long-term GM target from 28-32% to 30-40%. It expects long-term NG...

FBN is out with its report today on NetApp (NASDAQ: NTAP), maintaining Outperform. In a note to clients, FBN writes, "We continue to recommend that investors acquire shares of NTAP as it is the best-performing top-tier storage company, it has more integrated solutions than the competition, it is...

FBN reiterated its Outperform rating on Dell (NASDAQ: DELL). At the same time, FBN raised its price target on the company's stock from $19 to $20. In today's trading, Dell added 0.64% to its value to trade around $16.52.

FBN is out with its report today on Seagate Technology (NYSE: STX), upgrading STX from Sector Perform to Outperform. In a note to clients, FBN writes, "We are upgrading shares of STX from Sector Perform to Outperform and increasing our PT from $20 to $21 due to positive checks and due to share...

FBN is out with its report today on STEC (NASDAQ: STEC), initiating STEC at Outperform. In a note to clients, FBN writes, "We are initiating coverage of enterprise SSD (solid state disk) leader STEC with an Outperform rating and $20PT. STEC has a leadership position in the fast-growing enterprise...

FBN is out with its report today on OCZ Technology (NASDAQ: OCZ), initiating OCZ at Outperform. In a note to clients, FBN writes, "We are initiating coverage of OCZ Technology with an Outperform rating and $10 PT. OCZ is a pure-play in the fast-growing (33% CAGR) solid-state disk (SSD) market,...

FOX Business Network’s (FBN) Charlie Gasparino is reporting today that once the BP oil well is capped “everything is on the table” regarding BP gauging their liabilities in a possible sell off of the company. Excerpts of Gasparino's report are included below courtesy of Fox Business Network. From...