Notable Analyst Rating Changes 9/11: NVS, TSN, ALB Upgraded; LEH, NVDA, RAI, KNXA Downgraded
UPGRADES:
Goldman Sachs upgrades Novartis AG (NYSE: NVS) from Neutral to Buy, citing a more diversified business.
Morgan Stanley upgrades Tyson Foods (NYSE: TSN) from Underweight to Equalweight.
J.P. Morgan upgrades Albemarle (NYSE: ALB) from Neutral to Overweight.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Lehman Brothers (NYSE: LEH) from Buy to Neutral and cuts its price target from $22 to $7. Deutsche Bank and Citi also downgraded Lehman to Hold this morning.
Lehman Brothers downgrades NVIDIA (Nasdaq: NVDA) from Overweight to Equal Weight.
Morgan Stanley downgrades Reynolds American (NYSE: RAI) from Equalweight to Underweight.
Credit Suisse, KeyBanc and Lazard downgraded Kenexa (Nasdaq: KNXA) to Neutral, Underweight and Hold, respectively.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Wedbush Morgan initiates coverage on Macrovision Solutions Corp. (Nasdaq: MVSN) with a Buy rating and $20 price target.
Caris & Co initiates coverage on TiVo (Nasdaq: TIVO) with an Above Average. Price target $10.
Piper Jaffray initiates coverage on Itron Inc. (Nasdaq: ITRI) with a Buy rating and $120 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Credit Suisse
- Piper Jaffray
- Deutsche Bank
- JPMorgan
- Goldman Sachs
- Citi
- KeyBanc
- Morgan Stanley
- Lehman Brothers
- Lazard
- Wedbush Morgan
- Notable Analyst Rating Changes
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