Notable Analyst Rating Changes 10/01: AA, CHU, BIG, BHI, OMX, FRPT Upgraded; SKS, RVSN, KBH, NVDA, PMCS, A Downgraded

October 1, 2009 11:14 AM EDT

UPGRADES:
Detusche Bank upgrades Alcoa (NYSE: AA) from Hold to Buy. Click here for the full report.

Credit Suisse upgrades China Unicom (NYSE: CHU) to Outperform.

JP Morgan upgrades Big Lots (NYSE: BIG) from Neutral to Overweight. Price target $30.

Sanford Bernstein raised its investment rating on Baker Hughes (NYSE: BHI) from Market Perform to Outperform.

FTN Capital upgrades OfficeMax (NYSE: OMX) from Neutral to Buy. Price target $18.

Collins Stewart upgrades Force Protection (Nasdaq: FRPT) to Buy. Price target $7. Click here to see some more color on the upgrade.

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

DOWNGRADES:
JPMorgan downgrades Saks (NYSE: SKS) from Overweight to Neutral, maintaining its $7 price target.

RadVision (Nasdaq: RVSN) downgraded at Morgan Keegan, RBC, Cantor Fitzgerald and Oscar Gruss.

Credit Suisse downgrades KB Home (NYSE: KBH) from Outperform to Neutral.

JPMorgan downgrades NVIDIA Corp. (Nasdaq: NVDA) from Neutral to Underweight. The firm maintained an $11.50 price target.

Goldman Sachs downgrades PMC-Sierra, Inc. (Nasdaq: PMCS) from Buy to Neutral.

Thomas Weisel downgrades Agilent Technologies (NYSE: A) from Overweight to Marketweight.

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

NEW COVERAGE:
Opperheimer starts Chesapeake (NYSE: CHK) at Outperform and Range Resources (NYSE: RRC) at Market Perform.

Soleil Securities initiated coverage on the major casino operators last night: Las Vegas Sands (NYSE: LVS) with a Buy rating and $20 price target, MGM MIRAGE (NYSE: MGM) with a Hold rating and $13 price target and Wynn Resorts (Nasdaq: WYNN) with a Hold rating and $80 price target.

Sandler O'Neill initiates coverage on AFLAC (NYSE: AFL) with a Hold rating. Price target $46.

Rodman & Renshaw initiating coverage on Star Bulk Carriers Corp. (NASDAQ: SBLK) with a Market Outperform. Price target $5.50.

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


Related Categories

Special Reports

Stocks Mentioned

A 29.24

+0.00 +0.00%
Volume: 1,550,276
Track A

AA 12.92

+0.00 +0.00%
Volume: 31,708,399
Track AA

AFL 44.52

+0.00 +0.00%
Volume: 3,385,080
Track AFL

BHI 41.00

+0.00 +0.00%
Volume: 3,332,360
Track BHI

BIG 24.06

+0.00 +0.00%
Volume: 2,331,871
Track BIG

CHK 23.65

+0.00 +0.00%
Volume: 14,003,572
Track CHK

CHU 13.66

+0.00 +0.00%
Volume: 1,372,371
Track CHU

FRPT 5.37

+0.00 +0.00%
Volume: 607,663
Track FRPT

KBH 13.73

+0.00 +0.00%
Volume: 3,585,888
Track KBH

LVS 15.81

+0.00 +0.00%
Volume: 22,151,347
Track LVS

MGM 10.66

+0.00 +0.00%
Volume: 18,957,804
Track MGM

NVDA 12.92

+0.00 +0.00%
Volume: 10,466,498
Track NVDA

OMX 11.08

+0.00 +0.00%
Volume: 1,234,904
Track OMX

PMCS 8.14

+0.00 +0.00%
Volume: 11,213,459
Track PMCS

RRC 47.06

+0.00 +0.00%
Volume: 2,378,416
Track RRC

RVSN 6.25

+0.00 +0.00%
Volume: 100
Track RVSN

SBLK 3.40

+0.00 +0.00%
Volume: 900,465
Track SBLK

SKS 6.41

+0.00 +0.00%
Volume: 3,107,094
Track SKS

WYNN 63.02

+0.00 +0.00%
Volume: 1,726,456
Track WYNN


Related Entities


Add Your Comment