Deutsche Bank Securities Inc. | nashvillepost.com

Analyst action: Dollar General, Pinnacle, Emdeon

A number of the investment banks who helped manage last month's Dollar General IPO have launched coverage of the retailer with mostly upbeat opinions. In addition the three mentioned in that link, Deutsche and Barclays Capital also have weighed in with 'buy' and 'overweight' ratings, respectively. Both of those firms see the stock (Ticker: DG) rising at least 24 percent. Pinnacle Financial Partners got a nice bump this morning from Keefe Bruyette analyst Jefferson Harralson, who has raised his rating on the bank to 'outperform' and lifted his target to $16.50 from $14.50. Pinnacle shares (Ticker: PNFP) were up 9 percent in early trading, but have since retreated a bit. At about 11:10, they were up more than 3 percent to $14.13. And at Madison Williams, analyst James Kumpel recently began covering Emdeon shares with a 'buy' rating and a target of $21, which is a whopping 40 percent above where they are trading this morning. Kumpel said the Nashville-based payment intermediary (Ticker: EM) is "the only true single-source solution for provider to manage healthcare transactions across virtually all payers" and will benefit from the increasing complexity of the health care system. Key to growth in the coming years is cross-selling, where the company sees more than $2 billion in opportunities.

Dec 23, 2009 11:14 AM

Former Psych Solutions COO lands at HCA

Local analyst warns of competitive threat to Franklin-based industry leader

Oct 12, 2009 2:37 PM

Gaylord sets out to raise up to $380M

Combo stock/convertible debt offering to help push out debt maturities

Sep 22, 2009 11:39 PM

LP files shelf registration, sues banks

Manufacturer takes on Merrill, others over auction-rate fiasco

Aug 6, 2009 8:27 AM

Deutsche bullish on hospitals

Analyst Darren Lehrich has hiked his rating on the acute-care hospital sector to 'positive' from 'neutral' citing the prospect of health care reform as well as better operational performance. He also sees a coming "a supply/demand imbalance of equity market cap as more investors become attracted to the secular theme of reform against a limited pool of investment options."

Jun 1, 2009 8:13 AM

Analyst action: Tractor Supply, Regions

Analyst Brian Nagel at Oppenheimer has launched coverage of a number of retailers, including Tractor Supply, which he rates 'perform.' Nagel, who joined Oppenheimer a month ago, has a price target of $39 on the shares of the Brentwood-based retailer (Ticker: TSCO), which are trading at $38 and change this morning. Deutsche analysts, meanwhile, say the recent selling spree by Regions Financial investors has been overdone. They have raised their rating on the regional bank from 'hold' to 'buy' and upped their price target on the stock (Ticker: RF) to $5.

We estimate gross securities gains totaled more than $400m — some of which we expect to be monetized in 2Q and 3Q. While this lowers run rate earnings in the near term, it should address any remaining capital shortfall (if there is any) and protects book value.

May 27, 2009 9:53 AM

Analysts hike LifePoint targets

Both Deutsche Securites and Credit Suisse have lifted their price target for shares of the Brentwood-based hospital chain after the company reported a first quarter that easily beat the consensus. Deutsche's Darren Lehrich now sees the shares going to $31, up from $23. Ralph Giacobbe at Credit Suisse is calling for a $27 price, up from $25. LifePoint (Ticker: LPNT) closed down 1.1 percent at $26.12 Monday.

May 4, 2009 5:06 PM

BioMimetic lightens its auction-rate load

In registering papers related to its upcoming $17 million rights offering, the Franklin-based biotech (Ticker: BMTI) says it last week sold $6 million worth of auction-rate securities at full value. The securities had been in limbo since the auction-rate market seized up early last year, stinging many a company, including Nashville-based Louisiana-Pacific. On a related note, the company has filed an arbitration claim against Deutsche Bank Securities over auction-rate securities it bought on behalf of BioMimetic.

Apr 15, 2009 10:42 PM

Morning Links: 28 October 2008

BioMimetic inks credit deal, InsBank hires Wachovia banker, Nissan asks workers if they're sure about taking buyout, Children's expansion tab tops $200M, and more...

Oct 27, 2008 8:51 PM