StreetInsider.com Notable Analyst Rating Changes 11/28
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Notable Analyst Rating Changes:
UPGRADES:
Credit Suisse upgrades UBS AG (NYSE: UBS) from Neutral to Outperform with a $67 price target, citing valuation.
J.P. Morgan upgrades Potash (NYSE: POT) from Neutral to Overweight.
Soleil Securities Group upgrades DuPont (NYSE: DD) from Hold to Buy with a $50 price target.
UBS upgrades Molson Coors Brewing Company (NYSE: TAP) and Anheuser-Busch (NYSE: BUD) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Banc of America downgrades Genlyte (Nasdaq: GLYT) from Buy to Neutral.
Banc of America downgrades New York Times (NYSE: NYT) from Neutral to Sell.
Deutsche Bank downgrades Ryanair Holdings plc (Nasdaq: RYAAY) from Buy to Hold and lowers its price target from €5.8 to €5.4.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Bear Stearns reinstates coverage on Siemens AG (NYSE: SI) with an Outperform rating.
UBS initiates coverage on Comerica (NYSE: CMA) with a Neutral.
Morgan Stanley initiates coverage on Dow Chemical (NYSE: DOW) Equalweight rating.
Stifel Nicolaus initiates coverage on Chesapeake Energy (NYSE: CHK) with a Buy rating and $51 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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