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Zacks Analyst Blog Highlights: AtheroGenics, AstraZeneca, Campbell Soup and SAP.



CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: AtheroGenics, Inc. (Nasdaq: AGIX AGIX AtheroGenics, Inc (stock symbol) ), AstraZeneca (NYSE NYSE

See: New York Stock Exchange
: AZN AZN Asian ), Campbell Soup Company Campbell Soup Company (NYSE: CPB) (also known as Campbell's) is a well-known American producer of canned soups and related products. Campbell's products are sold in 120 countries around the world. It is headquartered in Camden, New Jersey.  (NYSE: CPB CPB

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) and SAP (NYSE: SAP).

See the latest posts to the Analyst Blog by visiting: http://at.zacks.com/?id=2673

Here are highlights from Wednesday's Analyst Blog:

AtheroGenics Downgraded to Sell

AtheroGenics, Inc. (Nasdaq: AGIX) announced on March 19, 2007 that the ARISE phase III Noun 1. phase III - a large clinical trial of a treatment or drug that in phase I and phase II has been shown to be efficacious with tolerable side effects; after successful conclusion of these clinical trials it will receive formal approval from the FDA  clinical study of AGI-1067 did not show a difference from placebo in its composite primary endpoint of time to first incidence of a composite of major adverse cardiovascular events (MACE). We expect development partner AstraZeneca (NYSE: AZN) to walk away from the collaboration within the next 45 days.

AtheroGenics could discontinue development of the candidate given the failed trial and potential safety concerns (liver function) that have materialized. Therefore, we see $2 as fair value.

Costs Keep Campbell's a Hold

Campbell Soup Company's (NYSE: CPB) Transformation and Driving Quality Growth Plans are improving the top-line through a combination of improved products, attractive packaging, a new retail shelving system and more effective marketing. Price increases in fiscal 2006 helped Campbell accomplish management's financial goals.

However, fiscal 2007 will see increased spending on marketing and the implementation of SAP (NYSE: SAP) in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , along with continued inflationary pressure from higher commodity costs. Hence, the Hold rating is maintained.

See the latest posts to the Analyst Blog by visiting http://at.zacks.com/?id=2645

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis Qualitative Analysis

Securities analysis that uses subjective judgment based on nonquantifiable information, such as management expertise, industry cycles, strength of research and development, and labor relations.
 to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=2674.

About Zacks

Zacks.com is a property of Zacks Investment Research Zacks Investment Research

A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms.
, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
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Publication:Business Wire
Date:Mar 29, 2007
Words:495
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