Notable Analyst Rating Changes for 10/20: BAC, AMZN, F, BBT, DTE Upgrade; BSX, LEAP/PCS, BA, WFT, GME Downgrade
UPGRADES:
RBC Capital upgrades Bank of America (NYSE: BAC) from Sector Perform to Outperform. Click here for more color.
Oppenheimer resumes coverage on Amazon.com (Nasdaq: AMZN), also upgrading the stock from Perform to Outperform. Click Here for more color.
Barclays upgrades Ford (NYSE: F) from Underweight to Equalweight. Price target raised by $1 to $8.
FTN Equity upgrades BB&T Corp (NYSE: BBT) from Sell to Neutral.
Morgan Stanley upgrades DTE Energy (NYSE: DTE) from Underweight to Equalweight. Price target increased from $34.50 to $39.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Wells Fargo downgrades Boston Scientific (NYSE: BSX) from Outperform to Market Perform. Valuation range lowered to $9-$10 from $11-$12. For more color, Click Here.
Goldman Sachs downgrades both Leap Wireless (NASDAQ: LEAP) and MetroPCS (NYSE: PCS) from Buy to Neutral. The firm cut its price target on Leap from $26 to $16 and PCS from $14 to $7.
Morgan Stanley downgrades Boeing (NYSE: BA) from Equal Weight to Underweight, also lowering its price target from $50 to $43.
Goldman Sachs downgraded Weatherford (NYSE: WFT) from Buy to Neutral and removed the stock from their Conviction Buy List. The firm lowered their price target from $33 to $25.
Janney Montgomery Scott downgrades GameStop (NYSE: GME) from Buy to Neutral. Fair Value $28.00. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Goldman Sachs initiates coverage on Dean Foods (NYSE: DF) with a Neutral rating and $22 12-month price target. Click Here for more color.
FBR Capital initiates coverage on Lloyds Banking Group (NYSE: LYG) with an Outperform rating. Price target 115 pence. Click Here for more color.
Bank of America initiates coverage on Wendy's/Arby's Group (NYSE: WEN) with a Neutral.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Goldman Sachs Conviction Buy List
- Morgan Stanley
- Banc of America
- RBC Capital
- Janney Montgomery Scott
- Barclays
- BB&T Capital Markets
- Notable Analyst Rating Changes
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