Notable Analyst Rating Changes 01/25: CSX, ION, XLNX, RKT Higher; ADBE, GNK, NSC, TLAB Lower
UPGRADES
BB&T Capital upgraded CSX (NYSE: CSX) from Hold to Buy, with a $79 price target.
CRT Capital upgraded Zions Bancorp (Nasdaq: ZION) from Fairly Valued to Buy, with a $28 price target.
Auriga upgrades Xilinx (Nasdaq: XLNX) from Hold to Buy. Click Here for more color.
Credit Agricole upgrades Rock-Tenn (NYSE: RKT) from Underperform to Outperform, with a price target increase from $56 to $72.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Piper Jaffray downgrades Adobe (Nasdaq: ADBE) from Overweight to Neutral, increasing their price target from $34 to $36.
Deutsche Bank downgraded Genco Shipping (NYSE: GNK) to Hold. Click Here for more color.
UBS downgraded Norfolk Southern (NYSE: NSC) from Buy to Neutral and lowers their price target from $71 to $68.
Morgan Stanley downgrades Tellabs (Nasdaq: TLAB) from Equalweight to Underweight.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Jefferies initiates coverage on Elan Corp (NYSE: ELN) with a Buy rating and $12 price target. Click Here for more color.
UBS starts Dow Chemical (NYSE: DOW) with a Buy rating and a $45 price target.
Dougherty & Co initiates coverage on Smith Micro Software (Nasdaq: SMSI) with a Neutral.
Deutsche Bank initiates coverage on Gain Capital Holdings (NYSE: GCAP) with a Hold, and $11 price target. Click Here for more color.
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BB&T Capital upgraded CSX (NYSE: CSX) from Hold to Buy, with a $79 price target.
CRT Capital upgraded Zions Bancorp (Nasdaq: ZION) from Fairly Valued to Buy, with a $28 price target.
Auriga upgrades Xilinx (Nasdaq: XLNX) from Hold to Buy. Click Here for more color.
Credit Agricole upgrades Rock-Tenn (NYSE: RKT) from Underperform to Outperform, with a price target increase from $56 to $72.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Piper Jaffray downgrades Adobe (Nasdaq: ADBE) from Overweight to Neutral, increasing their price target from $34 to $36.
Deutsche Bank downgraded Genco Shipping (NYSE: GNK) to Hold. Click Here for more color.
UBS downgraded Norfolk Southern (NYSE: NSC) from Buy to Neutral and lowers their price target from $71 to $68.
Morgan Stanley downgrades Tellabs (Nasdaq: TLAB) from Equalweight to Underweight.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Jefferies initiates coverage on Elan Corp (NYSE: ELN) with a Buy rating and $12 price target. Click Here for more color.
UBS starts Dow Chemical (NYSE: DOW) with a Buy rating and a $45 price target.
Dougherty & Co initiates coverage on Smith Micro Software (Nasdaq: SMSI) with a Neutral.
Deutsche Bank initiates coverage on Gain Capital Holdings (NYSE: GCAP) with a Hold, and $11 price target. Click Here for more color.
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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