Notable Analyst Rating Changes 1/7: BAC, SHLD, THC, IT, ZUMZ, CITP Upgraded; RAI, AA, RAD, WEN, BEXP Downgraded
UPGRADES:
Credit Suisse upgraded Bank of America Corp. (NYSE: BAC) from Neutral to Outperform and raised their price target form $17 to $21.
Deutsche Bank upgrades Sears Holdings (NASDAQ: SHLD) from Sell to Hold. Price target $97. Click Here for more color.
Bank of America upgrades Tenet Healthcare (NYSE: THC) from Underperform to Neutral. Price target increased from $5.50 to $6.50.
Piper Jaffray upgrades Gartner Inc. (NYSE: IT) from Neutral to Overweight. Price target increased from $19 to $27. Click Here for more color.
Zumiez (NASDAQ: ZUMZ) upgraded by two firms:
- Caris & Co. upgraded to Above Average with a raised price target to $17 to $14; and
- Needham & Co. upgrades to Buy from Hold.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Reynolds American Inc. (NYSE: RAI) from Neutral to Sell with a $53 price target.
Citigroup downgrades Alcoa (NYSE: AA) from Buy to Hold and maintains a $17 price target.
J.P. Morgan downgrades Rite Aid (NYSE: RAD) from Overweight to Neutral.
Sun Trust downgrades Wendy's/Arby's Group (NYSE: WEN) from Buy to Neutral.
Brigham Exploration (NASDAQ: BEXP) downgraded by two firms:
- Natixis Bleichroeder from Buy to Hold with a price target raised to $16 from $13; and
- BMO Capital from Market Perform to Underperform, with a price target of $10.
NEW COVERAGE:
Jefferies & Co initiates coverage on Verizon (NYSE: VZ) with a Buy rating. Price target $37.
J.P. Morgan initiates coverage on BioMarin (NASDAQ: BMRN) with an Overweight rating. Price target $25.
C.K. Cooper initiates coverage on Ensco Int'l (NYSE: ESV) with a Hold. Price target $48.
Roth Capital initiates coverage on Dendreon (NASDAQ: DNDN) with a Buy rating and a $50 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Credit Suisse
- Piper Jaffray
- Deutsche Bank
- JPMorgan
- Citi
- Jefferies & Co
- Needham & Company
- Banc of America
- BMO Capital
- Roth Capital
- Natixis Bleichroeder
- CK Cooper
- Notable Analyst Rating Changes
Comments
suntrust wen downgrade
suntrust are morons trying to manipulate market for own gain wen is great stock and a buy anytrime under 5.00
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WEN
Johnathan Zimmer on Jan 7, 2010 06:41 PMWay to go Mr. B I couldnt have said it better myself. The volume today shows your truth.