Notable Analyst Rating Changes: RAD, RIMM Upgraded; GTOP, RT Downgraded
Notable Analyst Rating Changes:
UPGRADES:
Lehman Bros. upgrades Schering-Plough (NYSE: SGP) from Equalweight to Overweight.
UBS upgrades Rite-Aid (NYSE: RAD) from Neutral to Buy.
Bear Stearns and Raymond James upgrade Research in Motion (Nasdaq: RIMM) to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
RBC downgrades Genitope (Nasdaq: GTOP) from Sector Perform to Underperform.
KeyBanc downgrades Ruby Tuesday, Inc. (NYSE: RT) from Hold to Underweight with an $8 downside price target.
S&P Equity Research downgrades Jabil Circuit (NYSE: JBL) from Hold to Sell.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Citi initiates coverage on Hasbro (NYSE: HAS) and Mattel (NYSE: MAT) with a Hold.
Citi initiates coverage on CKE Restaurants Inc (NYSE: CKR) with a Hold.
Capital One Southcoast initiates coverage on ATP Oil & Gas Corp. (Nasdaq: ATPG) with an Add rating and a $58 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
UPGRADES:
Lehman Bros. upgrades Schering-Plough (NYSE: SGP) from Equalweight to Overweight.
UBS upgrades Rite-Aid (NYSE: RAD) from Neutral to Buy.
Bear Stearns and Raymond James upgrade Research in Motion (Nasdaq: RIMM) to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
RBC downgrades Genitope (Nasdaq: GTOP) from Sector Perform to Underperform.
KeyBanc downgrades Ruby Tuesday, Inc. (NYSE: RT) from Hold to Underweight with an $8 downside price target.
S&P Equity Research downgrades Jabil Circuit (NYSE: JBL) from Hold to Sell.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Citi initiates coverage on Hasbro (NYSE: HAS) and Mattel (NYSE: MAT) with a Hold.
Citi initiates coverage on CKE Restaurants Inc (NYSE: CKR) with a Hold.
Capital One Southcoast initiates coverage on ATP Oil & Gas Corp. (Nasdaq: ATPG) with an Add rating and a $58 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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