Notable Analyst Rating Changes 6/17: CME, HOV, RDEN Upgraded; WHQ, CTXS, TPX Downgraded
More News related to CME
- CME Group Recommends Changes to Wheat Contract in Order to Improve Convergence
- CME Group, Korea Exchange Sign KOSPI 200 FUTURES Electronic Trade Agreement
- CME Group to Launch Euro Denominated E-mini S&P 500 Futures
- CME Group Volume Averaged 11.0 Million Contracts per Day in August, Assuming Combined CME Group/NYMEX Volumes for Entire Month
- CME Group, Osaka Securities Exchange Sign Memorandum of Understanding
More News related to CTXS
- Citrix Systems (CTXS) Guides Q3/FY08 In-Line
- Citrix Executives to Present at Upcoming Investor Conferences
- A State of Xen: Virtualization from PDAs to Super Computers
- Citrix XenApp 5 Breaks Performance, User Experience and Cost Barriers to Expand Application Virtualization Adoption
- Matrix USA Rating Changes 8/19
More News related to HOV
- Pre-Open Movers 9/4: Ciena (CIEN) Sinks on Warning, China BAK (CBAK) Up on Guidance
- After-Hours Movers 9/3: Navistar (NAV) Up on Results/Guidance; Hovnanian (HOV) Lower on Hefty Loss
- Hovnanian (HOV) Reports Q3 Loss of $2.67
- Hovnanian Enterprises Reports Third Quarter Fiscal 2008 Results
- Trading Radar for 9/3: Joy Global (JOYG), Hovnanian (HOV), Guess? (GES), Staples (SPLS) Report; ADP Employment Report, Factory Orders for July, Auto/Truck Sales for August Due
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Citi upgrades CME Group Inc (NYSE: CME) from Hold to Buy. Price target $485.
UBS upgrades Hovnanian Enterprises (NYSE: HOV) from Sell to Neutral.
Oppenheimer upgrades Elizabeth Arden (Nasdaq: RDEN) from Perform to Outperform, citing current valuation. Price target $25.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Deutsche Bank downgrades W-H Energy Services (NYSE: WHQ) from Buy to Hold but raises their price target from $83 to $99. The downgrade is due to the recent announcement that WHQ has agreed to be acquired by Smith International (NYSE: SII). The firm believes a higher offer is possible but unlikely.
Friedman Billings Ramsey downgrades Citrix Systems (Nasdaq: CTXS) from Outperform to Market Perform. The firm also lowered its price target from $43 to $37.
Oppenheimer downgrades Tempur-Pedic (NYSE: TPX) from Outperform to Perform, citing continued weak U.S. sales.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Jesup & Lamont initiates coverage on Spire Corp. (NASDAQ: SPIR) with a Buy rating and a $20 price target.
Sterne, Agee & Leach initiates coverage on KeyCorp (NYSE: KEY) with a Hold. Price target $12.
Wachovia initiates coverage on Whiting Petroleum (NYSE: WLL) with an Outperform rating and a $118 to $123 valuation range.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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