Notable Analyst Rating Changes 10/21: CAT, CSCO, SYK, FRX Upgraded; LMT, EAT, NVS Downgraded
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UPGRADES:
Goldman Sachs upgrades Caterpillar, Inc. (NYSE: CAT) from Sell to Neutral with a $64 price target.
Wedbush upgrades Cisco Systems (Nasdaq: CSCO) to Outperform. Price target increased from $25 to $28. Click Here for more color.
Bank of America upgrades Stryker (NYSE: SYK) from Underperform to Neutral.
Cowen & Co upgrades Forest Laboratories (NYSE: FRX) from Neutral to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Morgan Keegan downgrades Lockheed Martin (NYSE: LMT) from Outperform to Market Perform. Collins Stewart downgrades Lockheed Martin (NYSE: LMT) to Hold. Click Here for more color.
Goldman Sachs downgrades Brinker International (NYSE: EAT) from Buy to Neutral. Lowers price target from $19 to $17. Click Here for more color.
Morgan Stanley downgrades Novartis (NYSE: NVS) from Overweight to Equalweight.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
FBR Capital initiates coverage on Barclays (NYSE: BCS) with an Outperform and a 488p price target.
RBC Capital initiates coverage on The Travelers (NYSE: TRV) with an Outperform rating. Price target $54.
Barclays initiates coverage on Stryker (NYSE: SYK) with an Underweight rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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+0.00Related Entities
- Morgan Stanley
- Banc of America
- RBC Capital
- Collins Stewart
- Barclays
- Morgan Keegan & Company
- Notable Analyst Rating Changes
- Cowen & Co
- Life, Style and Real Estate
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