Close

Notable Analyst Rating Changes 02/15: (FIO) (OCR) (SWY) Upgraded; (ZNGA) (BAC) (RAX) Downgraded

February 15, 2012 11:02 AM EST
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:
  • 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.
Bernstein lowers Bank of America (NYSE: BAC) from Outperform to Market Perform.

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.
Canaccord Genuity initiates Superior Energy Services (NYSE: SPN) with a Buy and $35 price target. Click Here for more color.

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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Credit Suisse, Piper Jaffray, Raymond James, Robert W Baird, Barclays, Notable Analyst Rating Changes, Standpoint Research