Notable Analyst Rating Changes 02/09: UBS, BIDU, NYX, AN Upgraded; KEY, CMS, ILMN, JOE Downgraded
UPGRADES
Canaccord Genuity upgraded UBS AG (NYSE: UBS) from Sell to Hold, increasing their price target from $15.45 to $18.40.
HSBC upgrades Baidu (Nasdaq: BIDU) from Neutral to Overweight, boosting their price target from $116 to $158.
BMO Capital upgrades NYSE Euronext (NYSE: NYX) from Market Perform to Outperform, with a price target increased from $32 to $40.
Buckingham Research upgraded AutoNation Inc. (NYSE: AN) from Underperform to Neutral.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
RBC Capital downgraded KeyCorp (NYSE: KEY) from Outperform to Sector Perform, with a price target of $10.
CMS Energy (NYSE: CMS) lowered by two today:
Raymond James downgraded St. Joe Company (NYSE: JOE) from Strong Buy to Market Perform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Jefferies starts ZIOPHARM Oncology (Nasdaq: ZIOP) at Buy, and a price target of $8. Click Here for more color.
Lazard Capital initiates coverage on priceline.com (Nasdaq: PCLN) with a Buy, and price target of $500.
RBC Capital starts KB Home (NYSE: KBH) with an Outperform rating and a $17 price target.
WBB Securities initiates coverage on Aastrom Biosciences (Nasdaq: ASTM) with a Sell, and a $2 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Canaccord Genuity upgraded UBS AG (NYSE: UBS) from Sell to Hold, increasing their price target from $15.45 to $18.40.
HSBC upgrades Baidu (Nasdaq: BIDU) from Neutral to Overweight, boosting their price target from $116 to $158.
BMO Capital upgrades NYSE Euronext (NYSE: NYX) from Market Perform to Outperform, with a price target increased from $32 to $40.
Buckingham Research upgraded AutoNation Inc. (NYSE: AN) from Underperform to Neutral.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
RBC Capital downgraded KeyCorp (NYSE: KEY) from Outperform to Sector Perform, with a price target of $10.
CMS Energy (NYSE: CMS) lowered by two today:
- Wells Fargo from Outperform to Market Perform, valuation range $19.50 - $20.50; and
- Ladenburg Thalmann from Buy to Neutral, and $20 price target.
Raymond James downgraded St. Joe Company (NYSE: JOE) from Strong Buy to Market Perform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Jefferies starts ZIOPHARM Oncology (Nasdaq: ZIOP) at Buy, and a price target of $8. Click Here for more color.
Lazard Capital initiates coverage on priceline.com (Nasdaq: PCLN) with a Buy, and price target of $500.
RBC Capital starts KB Home (NYSE: KBH) with an Outperform rating and a $17 price target.
WBB Securities initiates coverage on Aastrom Biosciences (Nasdaq: ASTM) with a Sell, and a $2 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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