Notable Analyst Rating Changes 11/5: PALM, VALE, TRW, ONNN, MDT, SPWRA Upgraded; CMCSA, ARO, DPTR, GRMN TEX Downgraded

November 5, 2009 11:25 AM EST

UPGRADES:
Barclays Capital has upgraded shares of Palm (NASDAQ: PALM) from the dreaded Underweight to Equalweight this morning, also reducing his price target from $12 to $11.

Deutsche Bank upgrades Vale SA (NASDAQ: VALE) from Hold to Buy. Price target increased to $30. Click Here for more color.

KeyBanc upgrades TRW Automotive Holdings (NYSE: TRW) from Hold to Buy. Price target $29. Click Here for more color. Deutsche Bank also upgraded TRW Automotive from Hold to Buy. Price target increased by $2 to $23. For mor from Deutsche, Click Here.

Piper Jaffray upgrades ON Semiconductor (NASDAQ: ONNN) from Neutral to Overweight. Price target $9. Click Here for more color.

Credit Suisse upgrades Medtronic, Inc. (NYSE: MDT) from Neutral to Outperform.

Deutsche Bank upgrades SunPower (NASDAQ: SPWRA) to Buy, price target increased from $28 to $31. Click Here for more color.

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

DOWNGRADES:
Collins Stewart downgrades Comcast (NASDAQ: CMCSA) from Buy to Hold. Click Here for more color.

KeyBanc downgrades Aeropostale, Inc. (NYSE: ARO) to Hold. Click Here for more color.

Wells Fargo downgrades Delta Petroleum (NASDAQ: DPTR) to Underperform from Market Perform. Valuation range lowered from $1-2 to $0-1. For more color, Click Here.

RBC downgrades Garmin (NASDAQ: GRMN) from Sector Perform to Underperform.

Morgan Stanley downgrades Terex Corp. (NYSE: TEX) from Equalweight to Underweight. Price target increased from $12 to $18.

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

NEW COVERAGE:
Merriman Curhan Ford initiates coverage on Novavax (NASDAQ: NVAX) with a Buy rating and $6-$8 price target range. Click Here for more color.

Oppenheimer initiates coverage on Shanda Games (NASDAQ: GAME) with an Outperform.

Baird initiates coverage on Eaton Corp (NYSE: ETN) with a Neutral rating. Price target $70.

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


Related Categories

Special Reports

Stocks Mentioned

ARO 31.49

-0.18 -0.57%
Volume: 1,696,796
Track ARO

CMCSA 14.88

-0.19 -1.26%
Volume: 7,556,041
Track CMCSA

DPTR 0.92

-0.05 -5.15%
Volume: 2,011,058
Track DPTR

ETN 64.27

-1.14 -1.74%
Volume: 926,675
Track ETN

GAME 10.15

-0.20 -1.93%
Volume: 630,426
Track GAME

GRMN 31.01

-0.82 -2.58%
Volume: 871,636
Track GRMN

MDT 42.99

-0.19 -0.44%
Volume: 3,006,770
Track MDT

NVAX 3.00

-0.11 -3.54%
Volume: 982,901
Track NVAX

ONNN 7.58

-0.11 -1.43%
Volume: 4,736,431
Track ONNN

PALM 11.00

-0.24 -2.14%
Volume: 4,225,105
Track PALM

SPWRA 20.05

-0.75 -3.61%
Volume: 1,150,450
Track SPWRA

TEX 18.98

-0.93 -4.67%
Volume: 1,246,001
Track TEX

TRW 22.08

-0.60 -2.65%
Volume: 698,034
Track TRW

VALE 28.85

-0.68 -2.30%
Volume: 17,530,155
Track VALE


Related Entities


Add Your Comment