Notable Analyst Rating Changes 01/05: (NOK) (LSI) (APKT) Upgraded; (YHOO) (GSM) (GOOG) Downgraded
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UPGRADES
Credit Suisse upgrades Nokia (NYSE: NOK) from Underperform to Outperform, with its price target moved from €4 to €6. Click Here for more color.
Wedbush lifts LSI Corporation (NYSE: LSI) from Neutral to Outperform, price target raised from $7 to $8.50. Click Here for more color.
Credit Agricole boosts Lam Research (Nasdaq: LRCX) from Outperform to Buy.
Raymond James raises Acme Packet (Nasdaq: APKT) from Underperform to Strong Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Jefferies downgrades Yahoo! (Nasdaq: YHOO) to Hold with a price target of $18. Click Here for more color.
Jefferies cuts Globe Specialty Metals (Nasdaq: GSM) to Hold with a price target of $16 (down form $22.50). Click Here for more color.
Benchmark lowers Google (Nasdaq: GOOG) from Buy to Hold with a price target of $700. Click Here for more color.
Goldman Sachs reduces Boston Beer Company (NYSE: SAM) from Neutral to Sell with a price target of $98. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Morgan Stanley initiates General Electric (NYSE: GE) with a Overweight.
BofA/Merrill Lynch Reinstates coverage on Chesapeake Energy (NYSE: CHK) with a Buy, and price target of $38.
Auriga starts Apple (Nasdaq: AAPL) with a Buy, and $550 price target.
Rodman & Renshaw assumes Majesco Entertainment (Nasdaq: COOL) at Market Outperform, and $7 price target.
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Credit Suisse upgrades Nokia (NYSE: NOK) from Underperform to Outperform, with its price target moved from €4 to €6. Click Here for more color.
Wedbush lifts LSI Corporation (NYSE: LSI) from Neutral to Outperform, price target raised from $7 to $8.50. Click Here for more color.
Credit Agricole boosts Lam Research (Nasdaq: LRCX) from Outperform to Buy.
Raymond James raises Acme Packet (Nasdaq: APKT) from Underperform to Strong Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Jefferies downgrades Yahoo! (Nasdaq: YHOO) to Hold with a price target of $18. Click Here for more color.
Jefferies cuts Globe Specialty Metals (Nasdaq: GSM) to Hold with a price target of $16 (down form $22.50). Click Here for more color.
Benchmark lowers Google (Nasdaq: GOOG) from Buy to Hold with a price target of $700. Click Here for more color.
Goldman Sachs reduces Boston Beer Company (NYSE: SAM) from Neutral to Sell with a price target of $98. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Morgan Stanley initiates General Electric (NYSE: GE) with a Overweight.
BofA/Merrill Lynch Reinstates coverage on Chesapeake Energy (NYSE: CHK) with a Buy, and price target of $38.
Auriga starts Apple (Nasdaq: AAPL) with a Buy, and $550 price target.
Rodman & Renshaw assumes Majesco Entertainment (Nasdaq: COOL) at Market Outperform, and $7 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
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Credit Suisse, Raymond James, Morgan Stanley, Jefferies & Co, Rodman & Renshaw, Notable Analyst Rating Changes, Auriga, Credit AgricoleSign up for StreetInsider Free!
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