Zacks Bull and Bear of the Day Highlights: Hittite Microwave, Enzon Pharmaceuticals, Con-way and Pride International.CHICAGO -- Zacks Equity Research highlights Hittite Microwave (Nasdaq: HITT HITT Heparin-induced thrombocytopenia/thrombosis, see there ) as the Bull of the Day and Enzon Pharmaceuticals (Nasdaq: ENZN) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Con-way Inc. (NYSE NYSE See: New York Stock Exchange : CNW CNW Chicago and North Western (Railroad) CNW Canada News Wire (media service) CNW Community Nutrition Worker CNW Commercial Nuclear Waste ) and Pride International (NYSE: PDE PDE Pennsylvania Department of Education PDE Plug-In Development Environment PDE Partial Differential Equation PDE Phosphodiesterases PDE Personal Digital Entertainment PDE Pulse Detonation Engine PDE Product Data Exchange PDE Present-Day English ). Full analysis of all four stocks is available at http://at.zacks.com/?id=2676. Here is a synopsis of all four stocks: Bull of the Day: Our Bull of the Day recommendation is for Hittite Microwave (Nasdaq: HITT), a leader in integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. , modules and subsystems for wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. . The company has a broad product portfolio across a large portion of the frequency spectrum, including radio frequency (RF), microwave and millimeterwave. Hittite is poised to benefit as more applications move up the frequency spectrum and into Hittite's sweet spot. We believe that seasonal weakness in the fourth quarter may create an attractive entry point. We therefore maintain our Buy rating on HITT shares with a $55.00 price target. Bear of the Day: Our Bear of the Day recommendation is for Enzon Pharmaceuticals (Nasdaq: ENZN), a biopharmaceutical company targeting life-threatening diseases. Key product Abelcet sales continued to deteriorate for the third time in 2006. Although Royalty on PEG-Intron in the third quarter grew by 21% on a year over year basis, sales in Japan is anticipated to decline due to competition. The recent two pipeline setbacks with the non-approval of Marqibo and failure of Pegamotecan, combined with financial deterioration make us concerned that the shares will remain under pressure for the near term. We maintain Buy rating on its shares with a $6.5 price target. Analyst Blog: We are maintaining our Hold on Con-way Inc. (NYSE: CNW), as well as our $47 target price. CNW reduced its fourth quarter earnings guidance to $0.72-0.76 per diluted share from $0.81-0.87, about a nickel of which is related to a tonnage decline from reduced customer demand in the LTL LTL - Linear Temporal Logic operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon , $0.04 for higher casualty insurance costs, and $0.02 for curtailment costs of the company's pension plan. Consequently, we are lowering our earnings estimates to $4.01 per diluted share from $4.11 for 2006 and to $4.10 from $4.20 for 2007. CNW is expected to report fourth quarter earnings on January 29, 2007 after market close. We believe CNW's $0.40 annual dividend, which provides a 0.9% yield, is safe. We continue to like Pride International (NYSE: PDE) for its strong offshore drilling Offshore drilling typically refers to the act of extracting resources, primarily oil, in an ocean or lake. Controversy As with all oil drilling, there has been a certain level of controversy surrounding the issue. leverage and expanding international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , supported by long-term contracts at attractive dayrates. The anticipated divestiture of its non-core Latin American assets is expected to be a positive catalyst. While the U.S. Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east market is experiencing near-term softness, management expects increased drilling demand, coupled with decreased rig supply, to positively impact dayrates in 2007. Our Buy recommendation and price objective remains unchanged. Get the full analysis of all four stocks by going to http://at.zacks.com/?id=2649. About the Bull and Bear of the Day Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months. About the Analyst Blog Updated throughout every trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. , the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets. 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. 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