Notable Analyst Rating Changes 01/04: (JNJ) (ZQK) (AVP) Upgraded; (LULU) (MSFT) (ABT) Downgraded

January 4, 2013 11:06 AM EST
Deutsche Bank upgrades Johnson & Johnson (NYSE: JNJ) from Hold to Buy, adjusting its price target to $82 from $75 prior. Click Here for more color.

Goldman Sachs raises Quiksilver (NYSE: ZQK) from Neutral to Buy, moving its price target from $4 up to $6.50. Click Here for more color.

BofA/Merrill Lynch lifts Avon Products (NYSE: AVP) from Neutral to Buy.

Goldman Sachs adds Citigroup (NYSE: C) to its Conviction Buy List, boosting its target $7 to $49. Click Here for more color.

For daily real-time Upgrades go to

Credit Suisse downgrades lululemon athletica (Nasdaq: LULU) from Outperform to Neutral, lowering its price target from $86 down to $80. Click Here for more color.

Piper Jaffray trims Endo Pharmaceuticals Holdings Inc (Nasdaq: ENDP) from Overweight to Neutral, cutting its price target to $28 from $37 prior.

Goldman Sachs reduces Wells Fargo (NYSE: WFC) from Buy to Neutral with a price target of $40. Click Here for more color.

Deutsche Bank cuts Abbott Labs (NYSE: ABT) from Buy to Hold, taking its target down from $70 to $33. Click Here for more color.

Argus downgrades Microsoft (Nasdaq: MSFT) from Buy to Hold.

For daily real-time Downgrades go to

BofA/Merrill Lynch initiates Abbvie (NYSE: ABBV) with a Buy and $40 target.

Macquarie assumes National-Oilwell Varco (NYSE: NOV) at Outperform and $82 price target.

Longbow Research begins Krispy Kreme (NYSE: KKD) with a Buy and price target of $15.

Abbvie (NYSE: ABBV) started by two firms today:
  • Barclays at Equalweight and $37 target;

  • BofA/Merrill Lynch with a Buy and price target of $40.

For daily real-time New Coverage go to

Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Special Reports

Related Entities

Goldman Sachs Conviction Buy List, Credit Suisse, Piper Jaffray, Deutsche Bank, Citi, Merrill Lynch, Bank of America, Barclays, Longbow Research, Argus, Notable Analyst Rating Changes, Wells Fargo

Add Your Comment