Notable Analyst Rating Changes 5/14: DE, RFMD, JAVA, ESLR Upgraded; FISV, BUD, ANAD Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Merrill Lynch upgrades Deere (NYSE: DE) from Neutral to Buy.
Merrill Lynch upgrades RF Micro Devices (Nasdaq: RFMD) from Neutral to Buy.
Wachovia upgrades Sun Microsystems (NASDAQ: JAVA) from Market Perform to Outperform with a $15 to $18 valuation range.
Jefferies & Co upgrades Evergreen Solar (Nasdaq: ESLR) from Hold to Buy, citing current valuation. Price target $10.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Fiserv (Nasdaq: FISV) from Buy to Neutral.
Stifel Nicolaus downgrades Anheuser-Busch (NYSE: BUD) from Buy to Hold.
Oppenheimer downgrades ANADIGICS (Nasdaq: ANAD) from Outperform to Perform, citing current valuation.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Stifel Nicolaus initiates coverage El Paso Pipeline Partners, L.P. (NYSE: EPB) with a Buy rating and $25 price target.
Caris & Co initiates coverage on Kimberly-Clark (NYSE: KMB) with a Below Average. Price target $58.
Jefferies & Co initiates coverage on Invesco (NYSE: IVZ) with a Buy, citing attractive valuation. Price target $33.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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