Notable Analyst Rating Changes 6/11: RF, FITB, BBT, HBAN, STI, BAC, GSK Upgraded; UNH, TIN, ALV, VPRT Downgraded

June 11, 2009 10:32 AM EDT

UPGRADES:
Goldman Sachs upgraded Regions Financial (NYSE: RF) from Neutral to Buy with a $5 price target, Fifth Third (Nasdaq: FITB) from Neutral to Buy, target raised to $8.50, BB & T Corp. (NYSE: BBT) from Sell to Neutral, $24 target, Huntington Bancshares Inc. (Nasdaq: HBAN) from Sell to Neutral, $4.50 target and SunTrust Banks, Inc. (NYSE: STI) from Sell to Neutral, target raised to $18.

Keefe, Bruyette & Woods upgrades Bank of America (NYSE: BAC) to Outperform. Price target increased to $16.50. Click here for more color.

Morgan Stanley upgrades GlaxoSmithKline plc (NYSE: GSK) from Underweight to Equal Weight as part of its raised rating on the European Pharma sector to Attractive. The firm cited valuation for the call.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES:
Oppenheimer is downgrading UnitedHealth Group (NYSE: UNH) to Underperform from Perform, and reducing their price target from $32 to $24. Click here for the full report.

UBS downgrades Temple-Inland (NYSE: TIN) from Buy to Neutral.

Bank of America downgrades Autoliv (NYSE: ALV) from Buy to Neutral.

Citi downgrades VistaPrint Ltd (Nasdaq: VPRT) from Buy to Hold.

For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades

NEW COVERAGE:
Piper Jaffray & Co. initiates coverage on MasterCard (NYSE: MA) with a Buy. Price target $222. Click here to see more color on the coverage.

Societe Generale initiates coverage on Schlumberger (NYSE: SLB) with a Buy.

Morgan Joseph initiates coverage on Mattel (NYSE: MAT) with a Buy. Price target $20. Click here for the full report.

Brean Murray initiates coverage on NPS Pharmaceuticals (Nasdaq: NPSP) with a Buy. Price target $11. Click here for more color.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


Related Categories

Special Reports

Stocks Mentioned

ALV 37.08

+1.12 +3.11%
Volume: 895,657
Track ALV

BAC 15.77

+0.72 +4.78%
Volume: 170,751,674
Track BAC

BBT 25.23

+0.76 +3.11%
Volume: 6,529,044
Track BBT

FITB 9.73

+0.56 +6.11%
Volume: 21,449,851
Track FITB

GSK 41.37

+0.85 +2.10%
Volume: 1,085,113
Track GSK

HBAN 3.94

+0.07 +1.81%
Volume: 22,441,374
Track HBAN

MA 242.19

+5.29 +2.23%
Volume: 2,781,814
Track MA

MAT 20.33

+0.59 +2.99%
Volume: 3,089,235
Track MAT

NPSP 3.14

+0.02 +0.64%
Volume: 152,665
Track NPSP

RF 4.96

+0.21 +4.42%
Volume: 31,456,046
Track RF

SLB 65.13

+0.73 +1.13%
Volume: 13,389,534
Track SLB

STI 21.00

+1.07 +5.37%
Volume: 7,290,507
Track STI

TIN 16.33

+0.52 +3.29%
Volume: 1,537,757
Track TIN

UNH 29.13

+0.46 +1.60%
Volume: 11,751,732
Track UNH

VPRT 55.15

-1.23 -2.18%
Volume: 739,097
Track VPRT


Related Entities


Add Your Comment