Notable Analyst Rating Changes 02/15: (FIO) (OCR) (SWY) Upgraded; (ZNGA) (BAC) (RAX) Downgraded
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UPGRADES
Benchmark upgrades Fusion-io (NYSE: FIO) from Hold to Buy.
Credit Suisse lifts Omnicare (NYSE: OCR) from Neutral to Outperform, its price target raised from $34 to $39.
Credit Suisse boosts SAFEWAY (NYSE: SWY) from Neutral to Outperform, its price target raised from $19 to $26.
PMorgan raises Fidelity National Information Services (NYSE: FIS) from Underweight to Neutral, its price target raised from $29 to $31.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Zynga (Nasdaq: ZNGA) downgraded by three firms:
Raymond James reduces Rackspace (NYSE: RAX) from Outperform to Market Perform.
Caris & Co. downgrades Oracle (Nasdaq: ORCL) from Buy to Above Average.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
TripAdvisor (Nasdaq: TRIP) started by two firms:
Standpoint Research starts RPC Inc. (NYSE: RES) with a Buy and $21 price target. Click Here for more color.
Canaccord Genuity resumes Oil States International (NYSE: OIS) at Buy.
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.
Benchmark upgrades Fusion-io (NYSE: FIO) from Hold to Buy.
Credit Suisse lifts Omnicare (NYSE: OCR) from Neutral to Outperform, its price target raised from $34 to $39.
Credit Suisse boosts SAFEWAY (NYSE: SWY) from Neutral to Outperform, its price target raised from $19 to $26.
PMorgan raises Fidelity National Information Services (NYSE: FIS) from Underweight to Neutral, its price target raised from $29 to $31.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Zynga (Nasdaq: ZNGA) downgraded by three firms:
- Evercore Partners from Equalweight to Underweight, price target lifted $1 to $10;
- Baird from Outperform to Neutral, moving its price target from $12 to $13. Click Here for more color; and
- Barclays from Overweight to Equalweight, raising its price target from $11 to $12.
Raymond James reduces Rackspace (NYSE: RAX) from Outperform to Market Perform.
Caris & Co. downgrades Oracle (Nasdaq: ORCL) from Buy to Above Average.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
TripAdvisor (Nasdaq: TRIP) started by two firms:
- Piper Jaffray at Neutral with a $30 price target; and
- Macquarie with an Outperform.
Standpoint Research starts RPC Inc. (NYSE: RES) with a Buy and $21 price target. Click Here for more color.
Canaccord Genuity resumes Oil States International (NYSE: OIS) at Buy.
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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