Notable Analyst Rating Changes for 10/27: VZ, TXN, CAKE, MSFT Upgraded; PALM, SGMS, AMX, HRB Downgraded

October 27, 2009 11:07 AM EDT

UPGRADES:
Wells Fargo upgrades Verizon Communications (NYSE: VZ) from Market Perform to Outperform. Valuation range increased from $29-31 to $34-36. Click Here for more color.

FBR Capital upgrades Texas Instruments (NYSE: TXN) from Market Perform to Outperform. Price target $31. Click Here for more color.

Goldman Sachs upgrades Cheesecake Factory Incorporated (Nasdaq: CAKE) from Neutral to Buy with a $23 price target. For more color Click Here.

Argus upgrades Microsoft (NASDAQ: MSFT) from Sell to Hold.

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

DOWNGRADES:
BMO Capital has downgraded shares of Palm (NASDAQ: PALM) from Market Perform to Underperform this morning, also cutting its price target from $11 to $10. Click Here for more color.

William Blair downgrades Scientific Games (Nasdaq: SGMS) from Outperform to Market Perform.

Raymond James downgrades America Movil (NYSE: AMX) from Outperform to Market Perform.

Fox-Pitt downgrades H&R Block (NYSE: HRB) from Outperform to In-Line.

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

NEW COVERAGE:
Kaufman Bros. initiates coverage on Intel Corp (Nasdaq: INTC) with a Buy. Price target $25. Click Here for more color.

Wells Fargo resumes coverage on The Williams Companies (NYSE: WMB) with an Outperform. Click Here for more color.

Ameriprise Financial initiates coverage on FPL Group (NYSE: FPL) with a Buy rating.

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


Related Categories

Special Reports

Stocks Mentioned

AMX 49.55

+1.17 +2.42%
Volume: 1,333,890
Track AMX

CAKE 18.85

+0.02 +0.11%
Volume: 294,793
Track CAKE

FPL 52.99

+1.02 +1.96%
Volume: 745,645
Track FPL

HRB 20.51

+0.21 +1.03%
Volume: 642,626
Track HRB

INTC 19.61

+0.41 +2.14%
Volume: 21,851,299
Track INTC

MSFT 29.88

+0.47 +1.60%
Volume: 18,474,637
Track MSFT

PALM 11.57

+0.66 +6.05%
Volume: 3,817,448
Track PALM

SGMS 14.19

+0.04 +0.28%
Volume: 111,204
Track SGMS

TXN 25.73

+0.44 +1.74%
Volume: 5,225,035
Track TXN

VZ 31.99

+0.53 +1.68%
Volume: 6,160,347
Track VZ

WMB 20.16

+0.27 +1.36%
Volume: 2,130,842
Track WMB


Related Entities


Add Your Comment