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Ira Sohn Conf WRAP: Einhorn Says Short ATHN, Ackman Long FNMA 2014-05-05 22:42:16.582 GMT
By Joshua Fineman, Saijel Kishan, Kelly Bit and Katherine Burton May 5 (Bloomberg) -- Below is recap of long, short, macro ideas given at Ira Sohn conf. in NYC yday. * Greenlight’s Einhorn: short Athenahealth; sees shrs dropping to $50 in bull case, $14 in bear * Pershing’s Ackman: go long Fannie Mae; sees potentially hitting $23-$47/shr * Paul Tudor Jones: recommends selling gilts in late summer; says macro needs “Central Bank Viagra” * Doubleline’s Gundlach: suggest shorting XLB homebuilder ETF * Fortress’s Novogratz: sees Brazil rally on potential Rousseff election loss * Coatue’s Laffont: suggests going long Liberty Global (LBTYA); sees upside to $100/shr; sees possibility of Vodafone buying Liberty Global or AT&T purchasing a combined Liberty Global/Vodafone * Shumway Capital Shumway: suggest going long Moody’s (MCO); stock can hit $143-$171/shr * Glenview’s Robbins: likes Humana, WellPoint, Monsanto * PointState’s Schreiber: likes Valero (VLO), Marathon Petroleum (MPC); says net short crude oil; oversupply of NA crude has yet to be felt * Grant’s Interest Rate Observer’s Grant: go long Gazprom * Daruma’s Gordon: likes Electronics for Imaging (EFII), HB Fuller (FUL), Pacira Pharma (PCRX) * Ira Sohn contest winner: long Fiat (F IM), PT EU16.50 For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>
To contact the reporters on this story: Joshua Fineman in New York at +1-212-617-8953 or jfineman@bloomberg.net; Saijel Kishan in New York at +1-212-617-6662 or skishan@bloomberg.net; Kelly Bit in New York at +1-212-617-1097 or kbit@bloomberg.net; Katherine Burton in New York at +1-212-617-2335 or kburton@bloomberg.net To contact the editor responsible for this story: Brad Skillman at +1-212-617-2763 or bskillman1@bloomberg.net