Notable Analyst Rating Changes 02/14: (ANGI) (NOW) (ARUN) Upgraded; (CTL) (EIX) (TRIP Downgraded
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UPGRADES
Raymond James boosts Angie's List (Nasdaq: ANGI) from Outperform to Strong Buy, moving its price target from $17 up to $22.
UBS raises ServiceNow (NYSE: NOW) from Sell to Buy.
Morgan Stanley lifts Aruba Networks (Nasdaq: ARUN) from Equalweight to Overweight.
Macquarie upgrades Valero Energy (NYSE: VLO) from Neutral to Outperform, moving its price target from $48 to $53.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
CenturyLink, Inc. (NYSE: CTL) cut by a slew of investors following Q4 results:
Jefferies lowers Edison International (NYSE: EIX) from Hold to Underperform, moving its price target from $48.50 down to $40.50. Click Here for more color.
Morgan Stanley cuts TripAdvisor (Nasdaq: TRIP) from Overweight to Equalweight.
Stifel Nicolaus reduces Polycom (Nasdaq: PLCM) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
BofA/Merrill Lynch reinstates Charles Schwab Corp. (NYSE: SCHW) with a Neutral with an $18 price target.
Cantor Fitzgerald initiates Summit Hotel Properties (NYSE: INN) with a Buy and $10.50 target. Click Here for more color.
Canaccord Genuity starts Procter & Gamble (NYSE: PG) with a Buy. PT $87.00.
BofA/Merrill Lynch restarts E*TRADE Financial (Nasdaq: ETFC) with an Underperform and $10 target.
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Raymond James boosts Angie's List (Nasdaq: ANGI) from Outperform to Strong Buy, moving its price target from $17 up to $22.
UBS raises ServiceNow (NYSE: NOW) from Sell to Buy.
Morgan Stanley lifts Aruba Networks (Nasdaq: ARUN) from Equalweight to Overweight.
Macquarie upgrades Valero Energy (NYSE: VLO) from Neutral to Outperform, moving its price target from $48 to $53.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
CenturyLink, Inc. (NYSE: CTL) cut by a slew of investors following Q4 results:
- Nomura Securities from Buy to Reduce, moving its price target $15 lower to $30;
- Atlantic Equities from Overweight to Underweight;
- Raymond James from Strong Buy to Market Perform;
- JPMorgan from Overweight to Neutral and cut its price target from $45 to $38.
Jefferies lowers Edison International (NYSE: EIX) from Hold to Underperform, moving its price target from $48.50 down to $40.50. Click Here for more color.
Morgan Stanley cuts TripAdvisor (Nasdaq: TRIP) from Overweight to Equalweight.
Stifel Nicolaus reduces Polycom (Nasdaq: PLCM) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
BofA/Merrill Lynch reinstates Charles Schwab Corp. (NYSE: SCHW) with a Neutral with an $18 price target.
Cantor Fitzgerald initiates Summit Hotel Properties (NYSE: INN) with a Buy and $10.50 target. Click Here for more color.
Canaccord Genuity starts Procter & Gamble (NYSE: PG) with a Buy. PT $87.00.
BofA/Merrill Lynch restarts E*TRADE Financial (Nasdaq: ETFC) with an Underperform and $10 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.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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Stifel Nicolaus, UBS, Cantor Fitzgerald, JPMorgan, Raymond James, Morgan Stanley, Jefferies & Co, Merrill Lynch, Bank of America, Nomura, Notable Analyst Rating Changes, Canaccord Genuity
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