Notable Analyst Rating Changes 6/3: WMT, GOLD, ABX Upgraded; CHU, ANF, CSX Downgraded
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StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Morgan Keegan upgrades Wal-Mart Stores Inc. (NYSE: WMT) from Market Perform to Outperform.
HSBC upgrades Randgold Resources Ltd. (Nasdaq: GOLD) from Neutral to Overweight with a $50 price target.
CIBC upgrades Barrick Gold (NYSE: ABX) from Sector Perform to Outperform with a $65 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Morgan Stanley and Credit Suisse downgrade China Unicom (NYSE: CHU) to Equalweight and Neutral, respectively.
Friedman Billings downgrades Abercrombie and Fitch (NYSE: ANF) from Outperform to Market Perform and lowers their price target to $69.
UBS downgrades CSX (NYSE: CSX) from Buy to Neutral. Price target $70.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Piper Jaffray assumes coverage of VCA Antech (NASDAQ: WOOF) with a Neutral rating and a $31 price target.
Jefferies & Co initiates coverage on Ascent Solar (Nasdaq: ASTI) with a Hold, citing positive growth outlook, but sees next 18 months of high development risk. Price target $14.
Goldman Sachs assumes coverage on Research In Motion (Nasdaq: RIMM) with a Buy rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
+0.83
-0.72Related Entities
- Credit Suisse
- Piper Jaffray
- UBS
- Goldman Sachs
- Morgan Stanley
- Jefferies & Co
- CIBC
- Friedman, Billings, Ramsey
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