Blogs about RACK - Stockpickr! Your Source for Stock Ideas

Blogs about RACK

Blogs	Description	Date Updated
Today’s Worst Gap-Downs	Below is a list of today’s worst performing stocks as of 9:40 AM EST: MIDWAY GAMES INC. (MWY) $3.17 (-$0.75; -19.13%) GLOBAL INDUSTRIES (GLBL) $9.23 (-$2.19; -19.18%) OTTER TAIL CORP (OTTR) $36.78 (-$7.94; -17.75%) RACKABLE SYSTEMS (RACK) $10.40 (-$2.15; 17.13%) HIMAX TECHNOLOGIES (HIMX) $2.92 (-$0.62; -17.51%) NUMEREX CORP. (NMRX) $5.10 (-$0.90; -15.00%) W&T OFFSHORE, INC. (WTI) $36.60 (-$6.00; -14....	August 05, 2008
Analyst calls: AIG, RACK, FIG, AAPL, BBBY ,IFX ...	Filed under: Analyst reports, Analyst upgrades and downgrades, Apple Inc (AAPL), Dell (DELL), Hewlett-Packard (HPQ), Bed Bath and Beyond (BBBY), Amer Intl Group (AIG), Analyst initiationsAnalyst upgrades: Merrill upgraded shares of AstraZeneca (NYSE: AZN) to Neutral from Underperform to reflect the company's pipeline momentum and lack of negative catalysts. Keefe Bruyette upgraded Deutsche Bank (NYSE: DB) to Outperform from Market Perform on valuation as they believe DB should trade...	August 05, 2008
Rackable Tumbles After Hours On Q2 Margin Plunge	Rackable Systems (RACK) shares are being hit hard in late trading after the company posted much lower than expected gross margins for the second quarter. Revenue in the quarter was $76 million, right in line with Street estimates at $76.2 million. However, the provider of servers and storage products lost 12 cents a share on a non-GAAP basis, a much wider loss than the penny a share deficit the Street had expected. The company noted that non-GAAP gross margin for the quarter dropped to 9.7%, fro...	August 04, 2008
Tuesday's Upgrades and Downgrades	UpgradesRackable Systems (RACK)- Canaccord Adams Hold » Buy Wilmington Trust (WL)- B. Riley & Co Neutral » Buy Citrix Systems (CTXS)- Needham Hold » Buy POZEN (POZN)- Broadpoint Capital Underperform » Neutral Embarq (EQ)- Wachovia Mkt Perform » Outperform Pilgrim's Pride (PPC)- Credit Suisse Neutral » Outperform Healthcare Services Group (HCSG)- Morgan Keegan Mkt Perform » Outperform Imperial Tobacco (ITY)- Citigroup Hold » Buy Comerica (CMA)- Punk, Ziege...	April 22, 2008
Rackable Rises As Canaccord Ups Rating To Buy	Rackable Systems (RACK) shares are trading higher after Canaccord Adams analyst Mark Kelleher upped his rating on the stock to Buy from Hold, and raised his price target to $12.20 from $8.67. Kelleher likes the prospects for the company’s modular data centers business. Kelleher says the company should meet his Q1 estimate of $80 million in revenue and break-even profits; he thinks the company can meet its 2008 guidance of $353 million to $388 million in revenue and EPS of 17 cents. Kellehe...	April 21, 2008
Rackable: Nice Q4, But Disappointing ‘08 Guidance	Rackable Systems (RACK) reported Q4 revenue of $111.7 million, with pro forma EPS of 18 cents; that beat the Street consensus of $106.3 million and 5 cents. However, the provider of servers to Web site operators and other companies projected revenue for 2008 of $353 million to $388 million, below the Street consensus of $406.1 million. The company sees non-GAAP gross margin in the 17%-20% range - down from 21.7% in the fourth quarter - with “positive” non-GAAP EPS. The Street has bee...	February 06, 2008
Monday's Upgrades and Downgrades	UPGRADESNorthrop Grumman (NOC)= Credit Suisse Neutral » Outperform Rackable Systems (RACK)= Canaccord Adams Sell » Hold Open Text (OTEX)= Canaccord Adams Hold » Buy Finlay Enterprises (FNLY)= B. Riley & Co Sell » Neutral USANA (USNA)= Wedbush Morgan Hold » Buy Performance Food (PFGC)= UBS Sell » Neutral Weatherford (WFT)= Wachovia Mkt Perform » Outperform Baker Hughes (BHI)= Wachovia Mkt Perform » Outperform ENGlobal (ENG)= SMH Capital Sell » Buy ...	January 13, 2008
Rackable: Canaccord Upgrades On Valuation	Rackable Systems (RACK) is higher today in a generally ugly stock market, aided by an upgrade from Canaccord Adams analyst Mark Kelleher. Kelleher upped his rating on the stock to Hold from Sell. In a research note, Kelleher writes that the upgrades comes after a sharp decline in the stock. He notes the stock is now close to his price target of $8.37. He expects fourth quarter results “consistent with strong fourth quarter seasonality.” Kelleher is no bull; he says Rackable’s ...	January 11, 2008
Analyst Roundup: RACK, DRIV, PLCM, ARUN, LLTC, FORM, TXN	Summer camps drop-off, leisurely lunch, and not enough blog time. Here’s a roundup of some of today’s analyst calls you might want to know about which I missed earlier on: Rackable (RACK): RBC Capital’s Thomas Curlin cut his rating on the stock to Sector Perform from Outperform, “given a lack of convicton on a return to profitability this year.” His price target drops to $13 from $16. Nonetheless, Rackable today rose 16 cents to $12.35. Digital River (DRIV): RBC ...	July 10, 2007
Pre-Market Analyst Calls (July 10, 2007)	ACAD started as Outperform at FBR.ALC started as Outperform at RBC.ARUN started as Buy at Jefferies.ATVI started as Buy at First Albany.AZ raised to Buy at UBS.CHA cut to Hold at Deutsche Bank.DRIV raised to Outperform at RBC.DTV raised to Buy at Citigroup.EMC started as Mkt Perform at BMO Capital Markets.F raised to Overweight at JPMorgan.FOLD started as Overweight at JPMorgan.FORM cut to Underweight at JPMorgan.FVE started as Sector Perform at RBC.GGG cut to Sector Perform at CIBC.GM raised to...	July 10, 2007

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