Notable Analyst Rating Changes for 10/20: BAC, AMZN, F, BBT, DTE Upgrade; BSX, LEAP/PCS, BA, WFT, GME Downgrade

October 20, 2009 11:04 AM EDT

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 Reports

Stocks Mentioned

AMZN 129.66

+0.67 +0.52%
Volume: 6,655,271
Track AMZN

BA 51.70

+0.27 +0.52%
Volume: 4,697,176
Track BA

BAC 16.09

+0.01 +0.06%
Volume: 128,292,589
Track BAC

BBT 24.60

-0.08 -0.32%
Volume: 4,902,253
Track BBT

BSX 8.09

-0.12 -1.46%
Volume: 23,308,148
Track BSX

DF 16.12

+0.18 +1.13%
Volume: 3,330,677
Track DF

DTE 39.68

-0.17 -0.43%
Volume: 1,640,707
Track DTE

F 8.64

-0.09 -1.03%
Volume: 59,309,871
Track F

GME 25.49

+0.99 +4.04%
Volume: 6,048,332
Track GME

LEAP 14.27

+1.52 +11.92%
Volume: 14,374,318
Track LEAP

LYG 5.81

-0.18 -3.01%
Volume: 1,064,720
Track LYG

PCS 6.52

+0.40 +6.54%
Volume: 22,716,727
Track PCS

WEN 4.11

-0.05 -1.20%
Volume: 5,103,378
Track WEN

WFT 16.93

-0.59 -3.37%
Volume: 19,837,694
Track WFT


Related Entities


Add Your Comment