Notable Analyst Rating Changes 7/23: AKS, BHI, STI Upgraded; USB, TGT, USB, CAT Downgraded

July 23, 2008 10:17 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
J.P. Morgan upgrades AK Steel (NYSE: AKS) from Neutral to Overweight.

UBS, RBC, and Raymond James upgrade Baker Hughes (NYSE: BHI) to Buy, Sector Perform and Strong Buy, respectively.

Morgan Keegan upgrades SunTrust Banks (NYSE: STI) from Market Perform to Outperform.

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

DOWNGRADES:
Goldman Sachs downgrades US Bancorp (NYSE: USB) from Buy to Neutral.

Credit Suisse downgrades Target Corp. (NYSE: TGT) from Outperform to Neutral.

BMO Capital downgrades XTO Energy (NYSE: XTO) from Outperform to Market Perform.

JP Morgan downgrades Caterpillar Inc. (NYSE: CAT) from Overweight to Neutral.

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

NEW COVERAGE:
BMO Capital initiates coverage on Intrepid Potash (NYSE: IPI) with an Outperform. Price target $80.

Piper Jaffray assumes coverage of ANADIGICS (NASDAQ: ANAD) with a Neutral rating. Piper lowers the price target from $10 to $8.

Feltl & Co. initiates coverage on Denny's (Nasdaq: DENN) with a Buy. Price target $3.50.

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


Related Categories

Special Reports

Stocks Mentioned

AKS 52.80

+0.72 +1.38%
Volume: 1,142,224
Track AKS

ANAD 3.36

-0.14 -4.00%
Volume: 1,218,072
Track ANAD

BHI 80.41

-0.73 -0.90%
Volume: 1,309,890
Track BHI

CAT 70.70

-0.98 -1.37%
Volume: 2,714,551
Track CAT

DENN 2.79

-0.11 -3.79%
Volume: 120,915
Track DENN

IPI 47.70

+1.10 +2.36%
Volume: 488,552
Track IPI

STI 42.36

+0.89 +2.15%
Volume: 2,791,997
Track STI

TGT 53.46

-0.42 -0.78%
Volume: 3,184,845
Track TGT

USB 32.01

-0.11 -0.34%
Volume: 7,452,660
Track USB

XTO 50.17

-0.56 -1.10%
Volume: 5,589,047
Track XTO


Related Entities


Add Your Comment