Notable Analyst Rating Changes 10/26: MSFT, SLB, AXP, NE Upgraded; FITB/STI/USB, PBI, HRB, HBC Downgraded

October 26, 2009 10:51 AM EDT

UPGRADES:
Canaccord Adams upgrades Microsoft (NASDAQ: MSFT) from Hold to Buy and raised their price target from $24 to $34. Click Here for more color.

Capital One Southcoast upgrades Schlumberger (NYSE: SLB) from Neutral to Add. Price target $76. Click Here for more color.

Stifel Nicolaus upgrades American Express (NYSE: AXP) from Hold to Buy; sets a price target of $50.

RBC Capital upgrades Noble Corp (NYSE: NE) from Sector Perform to Outperform.

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

DOWNGRADES:
Rochdale Securities downgraded Fifth Third Bancorp (NASDAQ: FITB) and SunTrust (NYSE: STI) from Neutral to Sell. He also downgraded U.S Bancorp (NYSE: USB) to Neutral from Buy.

Goldman Sachs downgraded Pitney Bowes Inc. (NYSE: PBI) from Neutral to Sell and lowered their price target from $25 to $24.

Morgan Stanley downgraded shares of H&R Block (NYSE: HRB) from Equalweight to Underweight.

Citi downgrades HSBC (NYSE: HBC) from Buy to Hold.

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

NEW COVERAGE:
HSBC initiates coverage on BHP Billiton (NYSE: BHP) with a Neutral. The firm also initiated coverage on Rio Tinto (NYSE: RTP) with a Neutral.

Barclays initiates coverage on Intuit (NASDAQ: INTU) with an Overweight rating. Price target $37.

Deutsche Bank initiates coverage on KB Home (NYSE: KBH) with a Hold rating. Price target $17.

Credit Suisse initiates coverage on Urban Outfitters (NASDAQ: URBN) with a Neutral rating.

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


Related Categories

Special Reports

Stocks Mentioned

AXP 41.65

+0.72 +1.76%
Volume: 430,117
Track AXP

BHP 75.29

+1.93 +2.63%
Volume: 148,380
Track BHP

FITB 10.04

+0.07 +0.70%
Volume: 411,619
Track FITB

HBC 62.45

+1.54 +2.53%
Volume: 178,509
Track HBC

HRB 20.57

+0.19 +0.93%
Volume: 37,765
Track HRB

INTU 29.69

+0.03 +0.10%
Volume: 49,411
Track INTU

KBH 14.27

+0.15 +1.06%
Volume: 77,410
Track KBH

MSFT 29.72

+0.10 +0.34%
Volume: 2,570,807
Track MSFT

NE 40.80

+0.78 +1.95%
Volume: 9,552
Track NE

PBI 23.86

+0.22 +0.93%
Volume: 18,159
Track PBI

RTP 218.73

+6.83 +3.22%
Volume: 56,114
Track RTP

SLB 65.12

+1.78 +2.81%
Volume: 421,901
Track SLB

STI 22.49

+0.45 +2.04%
Volume: 278,306
Track STI

URBN 32.42

+0.24 +0.75%
Volume: 47,731
Track URBN

USB 23.45

+0.16 +0.69%
Volume: 274,950
Track USB


Related Entities


Add Your Comment