Notable Analyst Rating Changes 6/27: EAT, NOVL, DHR, BMY Upgraded; WYNN, MGM, AEO, NOK Downgraded
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StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Goldman Sachs upgrades Brinker International Inc. (NYSE: EAT) from Sell to Neutral.
Jefferies & Co upgrades Novell (Nasdaq: NOVL) from Hold to Buy, citing positive outlook. Price target $7.50.
Janney Montgomery Scott upgrades Danaher (NYSE: DHR) from Neutral to Buy. Price target $90.
Bernstein upgrades Bristol-Myers (NYSE: BMY) from Market Perform to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
KeyBanc downgrades Wynn Resorts, Limited (Nasdaq: WYNN) from Hold to Underweight, with a downside price target of $70. The firm also downgraded MGM MIRAGE (NYSE: MGM) from Buy to Hold.
Lazard downgrades American Eagle Outfitters (NYSE: AEO) from Buy to Hold.
Credit Suisse downgrades Nokia (NYSE: NOK) from Outperform to Neutral and lowered their price target from EUR 30 to EUR 18.50.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Credit Suisse initiates coverage on Research In Motion (Nasdaq: RIMM) with an Underperform. Price target $100.
Credit Suisse initiates coverage on QUALCOMM (Nasdaq: QCOM) with an Outperform. Price target $60.
Credit Suisse initiates coverage on Motorola (NYSE: MOT) with an Underperform rating.
Stifel Nicolaus initiates coverage on MercadoLibre (Nasdaq: MELI) with a Buy rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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