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Notable Analyst Rating Changes 01/24: (EMR) (CSX) (UPS) Upgraded; (ALB) (AAPL) (NFLX) Downgraded

January 24, 2013 10:38 AM EST Send to a Friend
UPGRADES
Deutsche Bank boosts Emerson (NYSE: EMR) from Hold to Buy, adjusting its price target from $60 up to $68. Click Here for more color.

RBC Capital lifts CSX (NYSE: CSX) from Sector Perform to Outperform with a price target of $27.

BofA/Merrill Lynch raises UPS (NYSE: UPS) from Neutral to Buy.

Goldman Sachs upgrades Gol Linhas Aereas Inteligentes (NYSE: GOL) from Neutral to Buy with a price target of $8.50. Click Here for more color.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Albemarle (NYSE: ALB) cut by two firms today:
  • Citi from Buy to Neutral; and

  • Deutsche Bank from Buy to Hold, moving its price target from $63 to $70. Click Here for more color.


Jefferies chops Apple (Nasdaq: AAPL) from Buy to Hold, moving its price target from $800 down to $500. Click Here for more color.

Credit Suisse lowers Netflix (Nasdaq: NFLX) from Outperform to Neutral.

Evercore Partners downgrades First Niagara Financial (NASDAQ: FNFG) from Equal Weight to Underweight.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Credit Suisse initiates Kimberly Clark (NYSE: KMB) with a Underperform.

Ascendiant Capital assumes Expedia (Nasdaq: EXPE) at Buy with a price target of $77.

BMO Capital starts Splunk (Nasdaq: SPLK) with a Outperform and $39 price target.

Credit Suisse begins Colgate-Palmolive Company (NYSE: CL) with a Outperform.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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Credit Suisse, Deutsche Bank, Citi, Jefferies & Co, Merrill Lynch, Bank of America, BMO Capital, RBC Capital, Notable Analyst Rating Changes

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