Notable Analyst Rating Changes 5/12: CHK, TJX, KNXA, ANF Upgraded; RBS, BKE, LINTA, BCS Downgraded

May 12, 2009 10:26 AM EDT

UPGRADES:
Morgan Stanley upgrades Chesapeake Energy (NYSE: CHK) from Equal Weight to Overweight with a $34 price target, citing an expected recovery in natural gas prices.

Barclays and Credit Suisse upgrade TJX Companies (NYSE: TJX) to Overweight and Outperform, respectively.

Oppenheimer and KeyBanc upgrade Kenexa (Nasdaq: KNXA) to Outperform and Buy respectively. Click here to see full color on KeyBanc's upgrade.

KeyBanc upgrades Abercrombie & Fitch (NYSE: ANF) from Underweight to Buy. Price target increased from $17 to $32. Click here for full color.

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

DOWNGRADES:
Credit Suisse downgrades Royal Bank of Scotland (NYSE: RBS) from Neutral to Underperform.

KeyBanc downgrades Buckle (NYSE: BKE) from Hold to Underweight. Click here for full color on the report.

Citi downgrades Liberty Interactive (Nasdaq: LINTA) from Buy to Sell. Here is the full report.

Credit Suisse downgrades Barclays (NYSE: BCS) from Outperform to Neutral.

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

NEW COVERAGE:
Barclays initiates coverage on Newell Rubbermaid (NYSE: NWL) with an Overweight rating and $15 price target, which represents 40% upside from yesterday's close.

Morgan Keegan initiates coverage on BB&T Corp (NYSE: BBT) with a Market Perform.

RBC initiates coverage on Capital One (NYSE: COF) with a Sector Perform.

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


Related Categories

Special Reports

Stocks Mentioned

ANF 37.59

+2.58 +7.37%
Volume: 6,640,154
Track ANF

BBT 25.23

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

BCS 23.17

+0.65 +2.89%
Volume: 1,791,827
Track BCS

BKE 30.19

+0.69 +2.34%
Volume: 650,182
Track BKE

CHK 25.26

+1.04 +4.29%
Volume: 11,458,037
Track CHK

COF 39.78

+2.11 +5.60%
Volume: 5,782,517
Track COF

KNXA 12.47

+0.24 +1.96%
Volume: 73,877
Track KNXA

LINTA 11.40

-0.73 -6.02%
Volume: 7,259,768
Track LINTA

NWL 14.99

+0.57 +3.95%
Volume: 2,531,708
Track NWL

RBS 13.52

+1.11 +8.94%
Volume: 508,976
Track RBS

TJX 39.17

+0.84 +2.19%
Volume: 3,646,375
Track TJX


Related Entities


Add Your Comment