Notable Analyst Rating Changes 8/20: GG, AUY, ESI Upgraded; M, KSS, NVTL Downgraded

August 20, 2008 9:58 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
RBC Capital upgrades Goldcorp (NYSE: GG) from Sector Perform to Top Pick.

RBC Capital upgrades Yamana Gold (NYSE: AUY) from Sector Perform to Outperform.

BofA upgrades ITT Educational Services (NYSE: ESI) from Neutral to Buy.

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

DOWNGRADES:
Goldman Sachs downgrades Macy's (NYSE: M) from Buy to Neutral with a $21 price target, citing valuation.

Goldman Sachs downgrades Kohl's Corp. (NYSE: KSS) from Buy to Neutral with a $48 price target, citing valuation.

Piper Jaffray and Morgan Joseph downgrade Novatel Wireless (Nasdaq: NVTL) to Sell and Hold, respectively.

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

NEW COVERAGE:
Merrill Lynch initiates coverage on ReneSola Ltd. (NYSE: SOL) with a Buy rating and $30 price target.

Kaufman Bros initiates coverage on Salesforce.com (NYSE: CRM) with a Buy rating and $77 price target.

Goldman Sachs restarts coverage on Target (NYSE: TGT) with a Buy rating and $56 price target.

Leerink Swann initiates coverage on Amgen Inc. (Nasdaq: AMGN) with an Outperform rating.

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


Related Categories

Special Reports

Stocks Mentioned

AMGN 58.54

+0.34 +0.58%
Volume: 1,772,107
Track AMGN

AUY 7.02

+0.25 +3.69%
Volume: 9,488,686
Track AUY

CRM 32.59

+0.59 +1.84%
Volume: 560,136
Track CRM

ESI 93.85

+1.88 +2.04%
Volume: 412,356
Track ESI

GG 27.76

+0.26 +0.95%
Volume: 7,974,911
Track GG

KSS 38.58

+0.85 +2.25%
Volume: 3,846,225
Track KSS

M 11.18

-0.13 -1.15%
Volume: 7,015,451
Track M

NVTL 5.40

+0.00 +0.00%
Volume: 194,326
Track NVTL

SOL 4.82

-0.05 -1.03%
Volume: 1,029,995
Track SOL

TGT 37.19

+0.18 +0.49%
Volume: 10,714,343
Track TGT


Related Entities


Add Your Comment