Notable Analyst Rating Changes 6/29: DFS, LYG, TRW, BCS, JCP Upgraded; AA, SNY, BIIB, WW Downgraded
More News related to AA
- Alcoa's Kawneer Business Launches Make an Impact Environmental Program to Reduce Carbon Footprint; Invites Customers and Community to Participate
- Alcoa Inc's (AA) Portovesme Plant Continuing at Normal Rates - Reuters
- Alcoa Executive Hails Aluminum's Ability for Lightweight Automotive Design That Increases Fuel Efficiency and Reduces Emissions
- Alcoa (AA) volatility of 46 near 16-month lows
- Trading Review for Century Aluminum Company Issued by Beacon Equity
More News related to AKAM
- Cyber Monday 2009 Generates Record Online Retail Site Visits
- AKAM (AKAM) volatility low into December analyst day
- EPIX Movies Delivered in HD via Akamai
- Highlights From CRM's Q3 Conference Call: Revenues Grew 20% Y-o-Y, Raises FY Guidance
- 2010 IR Global Rankings: Invitation for Investors and Analysts Vote for Companies with the Best IR Program and for the Best IR Officer
More News related to BCS
- Barclays Capital Launches LNG Services; Enters Agreement with Excelerate Energy for Northeast US Market
- Dubai Debt Woes Roil Markets
- Bernstein Starts Barclays (BCS) at Market Perform Following Last Week's Sell-Off
- Barclays Capital Acquires Crescent in Joint Venture with Goff Capital
- Barclays Capital Launches Leveraged Exchange Traded Notes
More News related to Special Reports
- Artesian Resources (ARTNA) Subsidiary to Purchase Water Assets of Port Deposit
- Reynolds American (RAI) To Acquire Swedish Nicotine Replacement Company Niconovum for Approx. $44M
- Horsehead Holding (ZINC) To Acquire Metal Waste Recycler INMETCO
- Watson Pharmaceuticals (WPI) Completes Acquisition of Arrow Group; Deal Accretive to 2010 Earnings
- Agrium (AGU) Announces Intention to Nominate Slate of Directors for Election at CF (CF) Annual Meeting; Challenges CF to Remove Poison Pill
UPGRADES:
Keefe, Bruyette & Woods upgrades Discover Financial (NYSE: DFS) from Market Perform to Outperform. Price target $14. Click here for more color.
Goldman Sachs upgrades Lloyds Banking Group plc (NYSE: LYG) from Neutral to Buy, saying at 0.8x their estimated trough tangible book value it is the least expensive large cap bank in Europe.
JP Morgan upgrades TRW Automotive (NYSE: TRW) from Neutral to Overweight and raised their price target to $15, following news the company amendeded its primary credit facility which the firm said makes TRW a "clear survivor."
Societe Generale upgrades Barclays (NYSE: BCS) from Sell to Hold.
Morgan Stanley upgrades J.C Penny (NYSE: JCP) from Equal Weight to Overweight, saying the retailer is most likely to outperform current consensus gross margins expectations in the 2nd half of 2009 and beyond. The firm also said JPC trades at a 24% discount to department store peers.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
FBR Capital downgrades Alcoa (NYSE: AA) from Market Perform to Underperform, citing valuation and oversupply. The firm lifted their price target from $8.00 to $8.50. Here is more color on the downgrade.
J.P. Morgan downgrades Sanofi-Aventis (NYSE: SNY) from Overweight to Neutral.
Deutsche Bank downgrades Biogen-IDEC (Nasdaq: BIIB) from Buy to Hold. Maintaining $55 price target. Click here for the full report.
Citi downgrades Watson Wyatt Worldwide (NYSE: WW) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Keefe, Bruyette and Woods intiated coverage on Warren Buffett's Berkshire Hathaway Inc. "A" shares (NYSE: BRK.a) with an Outperform rating and $107,000 price target, citing a "value opportunity." Click here to see the full report.
J.P. Morgan initiates coverage on Akamai (Nasdaq: AKAM) with a Neutral.
Bank of America initiates coverage on Cbeyond (Nasdaq: CBEY) with an Underperform rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
+0.84
-0.10Related Entities
- Warren Buffett
- Keefe, Bruyette & Woods
- Deutsche Bank
- JPMorgan
- Citi
- Morgan Stanley
- Banc of America
- Barclays
- Notable Analyst Rating Changes
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
