Notable Analyst Rating Changes 5/14: PFG, JCI, ANF, CME Upgraded; LPX, AZN, STV Downgraded
UPGRADES:
Goldman Sachs upgrades Principal Financial Group Inc. (NYSE: PFG) from Sell to Neutral and raises its price target from $18 to $20.
Wachovia Securities upgrades Johnson Controls (NYSE: JCI) to Outperform. Valuation range raised to $29-31. Click here for full color on the upgrade.
Susquehanna upgrades Abercrombie & Fitch (NYSE: ANF) from Neutral to Positive with a $33 price target, saying cost cuts and international provide upside. Click here for the full report.
JP Morgan upgrades CME Group (NYSE: CME) from Underweight to Neutral.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Credit Suisse downgrades Louisiana-Pacific (NYSE: LPX) from Neutral to Underperform.
Jefferies & Co downgrades AstraZeneca (NYSE: AZN) from Hold to Underperform.
Credit Suisse downgrades China Digital (NYSE: STV) from Outperform to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Morgan Joseph Starts L-3 Communications Holdings (NYSE: LLL) at Hold. Click here for full color on the coverage.
Soleil Securities initiates coverage on Valeant Pharmaceuticals Int (NYSE: VRX) with a Sell rating and $14 price target, saying declining base and pipeline concerns leave VRX overvalued. Here is the full report.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Credit Suisse
- JPMorgan
- Goldman Sachs
- Jefferies & Co
- Wachovia
- Soleil Securities
- Morgan Joseph
- Susquehanna International Group of Companies
- Notable Analyst Rating Changes
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