Notable Analyst Rating Changes 6/13: LCC, CAL, HERO Upgraded; BUD, FNSR, PDLI, ADM Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Merrill Lynch upgrades US Airways Group, Inc. (NYSE: LCC) from Neutral to Buy.
Soleil Securities upgrades Continental Airlines (NYSE: CAL) from Hold to Buy and raises their price target from $17 to $22, citing a combination of fundamentals and price.
Capital One Southcoast upgrades Hercules Offshore (NASDAQ: HERO) from Neutral to Add and raises their price target from $38 to $39.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
UBS downgrades Anheuser-Busch (NYSE: BUD) from Buy to Neutral.
Piper Jaffray downgrades Finisar (NASDAQ: FNSR) from Buy to Hold and lowers their price target from $2 to $1.75.
Credit Suisse downgrades PDL BioPharma Inc. (Nasdaq: PDLI) from Outperform to Neutral.
Morgan Stanley downgrades Archer-Daniels-Midland (NYSE: ADM) from Overweight to Equalweight.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Lehman Bros. initiates coverage on Ingersoll-Rand (NYSE: IR) with an Equalweight.
Lazard initiates coverage on ENGlobal (NYSE: ENG) with a Buy rating.
Soleil Securities initiates coverage on Dish Network Corp. (Nasdaq: DISH) with an Underweight rating and $24 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Credit Suisse
- Piper Jaffray
- UBS
- Morgan Stanley
- Merrill Lynch
- Lehman Brothers
- Soleil Securities
- Lazard
- Capital One Southcoast
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