Needham & Company
RHI Entertainment (Nasdaq: RHIE) 40.5% HIGHER; adding to yesterday's 26% surge following news that Seth Klarman's Baupost Group purchased another 437K shares.
Hutchinson Technology Incorporated (Nasdaq: HTCH) 40.1% LOWER; reports preliminary shipments of about 107 million suspension assemblies during Q2, down from about 155 million in Q1. Hutchinson also reported average selling prices fell from $0.76 to $0.71, resulting in sales of about $79 million during the quarter. The stock was also downgraded to Underperform at Needham.
Allied Irish ...
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Morgan Stanley upgrades Amgen (Nasdaq: AMGN) from Equal Weight to Overweight.
Goldman Sachs upgrades Dick's Sporting Goods Inc. (NYSE: DKS) from Neutral to Buy.
Banc of America upgrades Best Buy ...
