Notable Analyst Rating Changes 9/28: CSCO, VPHM, ACN, AMAT, GD Upgraded; RBS, WFR, ISRG, WXS Downgraded
UPGRADES:
Barclays upgrades Cisco (Nasdaq: CSCO) from Equal Weight to Overweight and raised their price target from $24 to $28.
Oppenheimer upgrades ViroPharma (Nasdaq: VPHM) from Perform to Outperform. Price target $13. Click here for more color.
Citigroup upgrades Accenture (NYSE: ACN) and Applied Materials (Nasdaq: AMAT) from Hold to Buy. The firm set $45 and $17 price targets, respectively.
Collins Stewart upgrades General Dynamics (NYSE: GD) from Hold to Buy, setting a $78 price target. Here is the full report.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
ING downgrades Royal Bank of Scotland (NYSE: RBS) from Hold to Sell.
Citi downgrades MEMC Electronic Materials (NYSE: WFR) from Buy to Hold, with a $20 target.
Lazard Capital Markets downgrades Intuitive Surgical (Nasdaq: ISRG) from Buy to Hold.
Wells Fargo downgrades Wright Express Corp. (NYSE: WXS) to Market Perform. Valuation range increased to $31-$33 (from $29-$31). Click here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Barclays initiates coverage on Navistar International (NYSE: NAV) with an Equalweight rating. Price target $42.
Merriman Curhan Ford initiates coverage on Facet Biotech (Nasdaq: FACT) with a Buy rating. Here is some color on the coverage.
Brigantine Advisors initiates coverage on Hewlett-Packard (NYSE: HPQ) with a Buy. Price target $56.
Next Generation initiates coverage on Delta (NYSE: DAL) with a Buy. Price target $14. Special Reports
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