Notable Analyst Rating Changes 11/09: RSH, ANF, NOC, ADBE, HERO Upgraded; RIMM, RHT, GPS, AZN, SGY Downgraded

November 9, 2009 11:14 AM EST

UPGRADES:
Credit Suisse upgraded RadioShack from Neutral to Outperform and raised its price target from $15 to $25. Click Herre for more color.

Goldman Sachs upgrades Abercrombie & Fitch (NYSE: ANF) from Neutral to Buy and added the stock to their Conviction List Buy. The firm raised their 6-month price target from $36 to $45. Click Here for more color. Credit Suisse has also upgraded shares of Abercrombie & Fitch from Neutral to Outperform this morning, also raising its price target on the stock from $30 to $49. For more color from Credit Suisse, Click Here.

Jefferies & Co upgrades Northrop Grumman (NYSE: NOC) from Hold to Buy. Price target increased from $55 to $62.

Goldman Sachs upgrades Adobe Systems Inc. (NASDAQ: ADBE) to Buy and raised their price target to $42. For more color, Click Here..

Credit Suisse upgrades Hercules Offshore (NASDAQ: HERO) from Neutral to Outperform and raises their price target from from $5 to $7.

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

DOWNGRADES:
Susquehanna downgraded Research in Motion Ltd. (NASDAQ: RIMM) from Positive to Neutral, also suspending the firm's $94 price target.

Goldman Sachs downgrades Red Hat, Inc. (NYSE: RHT) from Buy to Neutral, citing valuaion as share approach their $29 price target.

Barclays downgrades Gap, Inc. (NYSE: GPS) from Overweight to Equalweight. Price target $25.

J.P. Morgan downgrades AstraZeneca (NYSE: AZN) from Neutral to Underweight.

Capital One Southcoast downgrades Stone Energy (NYSE: SGY) from Add to Neutral. Price target $20. Click Here for more color.

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

NEW COVERAGE:
Standpoint Research initiates coverage on Ford Motor (NYSE: F) with a Buy rating.

Barclays initiates coverage on Stone Energy (NYSE: SGY) with an Equal Weight rating.

Piper Jaffray & Co. initiates coverage on Veeco Instruments (Nasdaq: VECO) with an Overweight rating. Price target $30. For more color, Click Here.

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


Related Categories

Special Reports

Stocks Mentioned

ADBE 35.89

-0.55 -1.51%
Volume: 1,859,544
Track ADBE

ANF 39.03

-0.31 -0.79%
Volume: 2,738,090
Track ANF

AZN 45.11

-0.29 -0.64%
Volume: 1,838,386
Track AZN

F 8.75

+0.02 +0.23%
Volume: 31,295,705
Track F

GPS 22.00

+0.19 +0.87%
Volume: 5,549,321
Track GPS

HERO 5.11

-0.04 -0.78%
Volume: 1,110,219
Track HERO

NOC 55.53

-0.52 -0.93%
Volume: 604,829
Track NOC

RHT 27.50

-0.10 -0.36%
Volume: 728,587
Track RHT

RIMM 59.47

-0.53 -0.88%
Volume: 5,575,221
Track RIMM

SGY 18.26

-0.32 -1.72%
Volume: 364,826
Track SGY

VECO 27.07

+0.17 +0.63%
Volume: 499,935
Track VECO


Related Entities


Add Your Comment