Notable Analyst Rating Changes 02/06: (MHP) (GCI) (AGN) Upgraded; (SIRI) (TRMB) (HOLX) Downgraded
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UPGRADES
Raymond James upgrades McGraw-Hill (NYSE: MHP) from Outperform to Strong Buy with a price target of $62.
Citi raises Gannett (NYSE: GCI) from Neutral to Buy.
JMP Securities boosts Allergen (NYSE: AGN) from Market Perform to Market Outperform with a price target of $135.
Credit Suisse lifts Silver Wheaton (NYSE: SLW) from Neutral to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Macquarie trims Sirius XM Radio (Nasdaq: SIRI) from Outperform to Neutral
JPMorgan downgrades Trimble Navigation (Nasdaq: TRMB) from Overweight to Neutral, moving its price target from $60.50 to $63.
BofA/Merrill Lynch lowers Hologic (Nasdaq: HOLX) from Buy to Neutral
JPMorgan cuts Arch Coal Inc (NYSE: ACI) from Overweight to Neutral, lowering its price target from $10 down to $7.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Leerink Swann starts Arena Pharma (Nasdaq: ARNA) with a Outperform rating and $11 to $12 valuation range. Click Here for more color.
Citi initiates First Solar (Nasdaq: FSLR) at Buy.
Nomura Securities assumes Regions Financial (NYSE: RF) at Buy and $9 price target. Click Here for more color.
Baird begins Foot Locker (NYSE: FL) at Outperform and price target of $45.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Raymond James upgrades McGraw-Hill (NYSE: MHP) from Outperform to Strong Buy with a price target of $62.
Citi raises Gannett (NYSE: GCI) from Neutral to Buy.
JMP Securities boosts Allergen (NYSE: AGN) from Market Perform to Market Outperform with a price target of $135.
Credit Suisse lifts Silver Wheaton (NYSE: SLW) from Neutral to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Macquarie trims Sirius XM Radio (Nasdaq: SIRI) from Outperform to Neutral
JPMorgan downgrades Trimble Navigation (Nasdaq: TRMB) from Overweight to Neutral, moving its price target from $60.50 to $63.
BofA/Merrill Lynch lowers Hologic (Nasdaq: HOLX) from Buy to Neutral
JPMorgan cuts Arch Coal Inc (NYSE: ACI) from Overweight to Neutral, lowering its price target from $10 down to $7.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Leerink Swann starts Arena Pharma (Nasdaq: ARNA) with a Outperform rating and $11 to $12 valuation range. Click Here for more color.
Citi initiates First Solar (Nasdaq: FSLR) at Buy.
Nomura Securities assumes Regions Financial (NYSE: RF) at Buy and $9 price target. Click Here for more color.
Baird begins Foot Locker (NYSE: FL) at Outperform and price target of $45.
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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