Notable Analyst Rating Changes 6/11: RF, FITB, BBT, HBAN, STI, BAC, GSK Upgraded; UNH, TIN, ALV, VPRT Downgraded
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 ReportsStocks Mentioned
Related Entities
- Piper Jaffray
- Keefe, Bruyette & Woods
- Brean Murray Carret & Co.
- UBS
- Goldman Sachs
- Citi
- Morgan Stanley
- Banc of America
- Morgan Joseph
- Notable Analyst Rating Changes
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