Notable Analyst Rating Changes 11/09: RSH, ANF, NOC, ADBE, HERO Upgraded; RIMM, RHT, GPS, AZN, SGY Downgraded
UPGRADES:
Credit Suisse upgraded RadioShack from Neutral to Outperform and raised its price target from $15 to $25. Click Herre for more color.
Goldman Sachs upgrades Abercrombie & Fitch (NYSE: ANF) from Neutral to Buy and added the stock to their Conviction List Buy. The firm raised their 6-month price target from $36 to $45. Click Here for more color. Credit Suisse has also upgraded shares of Abercrombie & Fitch from Neutral to Outperform this morning, also raising its price target on the stock from $30 to $49. For more color from Credit Suisse, Click Here.
Jefferies & Co upgrades Northrop Grumman (NYSE: NOC) from Hold to Buy. Price target increased from $55 to $62.
Goldman Sachs upgrades Adobe Systems Inc. (NASDAQ: ADBE) to Buy and raised their price target to $42. For more color, Click Here..
Credit Suisse upgrades Hercules Offshore (NASDAQ: HERO) from Neutral to Outperform and raises their price target from from $5 to $7.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Susquehanna downgraded Research in Motion Ltd. (NASDAQ: RIMM) from Positive to Neutral, also suspending the firm's $94 price target.
Goldman Sachs downgrades Red Hat, Inc. (NYSE: RHT) from Buy to Neutral, citing valuaion as share approach their $29 price target.
Barclays downgrades Gap, Inc. (NYSE: GPS) from Overweight to Equalweight. Price target $25.
J.P. Morgan downgrades AstraZeneca (NYSE: AZN) from Neutral to Underweight.
Capital One Southcoast downgrades Stone Energy (NYSE: SGY) from Add to Neutral. Price target $20. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Standpoint Research initiates coverage on Ford Motor (NYSE: F) with a Buy rating.
Barclays initiates coverage on Stone Energy (NYSE: SGY) with an Equal Weight rating.
Piper Jaffray & Co. initiates coverage on Veeco Instruments (Nasdaq: VECO) with an Overweight rating. Price target $30. For more color, Click Here.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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-0.32Related Entities
- Credit Suisse
- Piper Jaffray
- JPMorgan
- Citi
- Jefferies & Co
- Barclays
- Capital One Southcoast
- Susquehanna International Group of Companies
- Notable Analyst Rating Changes
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