Notable Analyst Rating Changes 9/11: AXL, INTC, TXT, SLB, LVS, AVY Upgraded; AIG, BBY, ALL, NOK, RNWK Downgraded
UPGRADES:
Barclays is out with a major call on American Axle (NYSE: AXL) upgrading the shares to Overweight from Equal-Weight while raising their price target to $13 (prev. $8). Click here for the full report.
Roth Capital upgrades Intel (Nasdaq: INTC) from Hold to Buy. Price target increased from $21 to $25.
Barclays Capital upgrades Textron (NYSE: TXT) from Equalweight to Overweight, also raising its price target from $15 to $28.
Goldman Sachs upgrades Schlumberger Limited (NYSE: SLB) from Neutral to Buy with a $78 price target.
Sterne Agee upgrades Las Vegas Sands (NYSE: LVS) from Neutral to Buy.
Baird upgrades Avery Dennison (NYSE: AVY) from Underperform to Neutral. Price target increased to $36.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Wells Fargo downgrades American International Group, Inc. (NYSE: AIG) to Undperform and lowered their valuation range from $21-$29 to $10-$20, saying they find few fundamental reasons that support the company's price. Click here for the full report.
Oppenheimer downgrades Best Buy (NYSE: BBY) from Outperform to Market Perform. The firm also raised its target from $42 to $44. Click here for more color.
Goldman Sachs Downgrades Allstate (NYSE: ALL) from Neutral to Sell citing risks of market share losses in auto, low ROEs in homeowners', and an unclear future for life insurance.
Baird downgrades Nokia (NYSE: NOK) from Outperform to Neutral. Price target lowered from $18 to $15.
J.P. Morgan downgrades RealNetworks (Nasdaq: RNWK) from Neutral to Underweight.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Jefferies & Co. initiates coverage on Novo Nordisk (NYSE: NVO) with a Buy rating.
Roth Capital initiates coverage on Gardner Denver (NYSE: GDI) with a Buy rating. Price target $40.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- JPMorgan
- Jefferies & Co
- Robert W Baird
- Roth Capital
- Sterne Agee
- Barclays
- Notable Analyst Rating Changes
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