Notable Analyst Rating Changes 02/18: (TRGL) (SPWRA) (BRCD) (ZMH) Upgraded; (ACOR) (VCLK) (BMRN) (PEP) Downgraded
UPGRADES
RBC Capital upgraded Toreador Resources Corp. (Nasdaq: TRGL) from Sector Perform to Outperform, increasing their price target from $10 to $19.
SunPower (Nasdaq: SPWRA) receives a boost from two firms today:
Brocade (Nasdaq: BRCD) upgraded by two today:
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Piper Jaffray downgrades Acorda Therapeutics, Inc. (Nasdaq: ACOR) from Neutral to Underweight, cutting their price target from $24 to $16.
Benchmark downgraded ValueClick, Inc (Nasdaq: VCLK) from Buy to Hold. Click Here for more color.
BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) lowered by two firms:
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
J.P. Morgan initiates coverage on International Paper (NYSE: IP) with a Neutral, and $35 price target.
Jefferies starts Power-One (Nasdaq: PWER) with a Buy rating and a $12 price target. Click Here for more color.
JPMorgan initiates coverage on Boise Inc. (NYSE: BZ) with a Overweight, and price target of $11.50.
Maxim Group initiates Youku.com (NYSE: YOKU) with a Sell rating and a $22 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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RBC Capital upgraded Toreador Resources Corp. (Nasdaq: TRGL) from Sector Perform to Outperform, increasing their price target from $10 to $19.
SunPower (Nasdaq: SPWRA) receives a boost from two firms today:
- Caris & Co. from Average to Above Average, with a price target increased from $16 to $20; and
- Jefferies from Hold to Buy, increasing their price target from $13 to $22. Click Here for more color.
Brocade (Nasdaq: BRCD) upgraded by two today:
- ThinkEquity from Hold to Buy, increasing their price target 33% from $6 to $8; and
- Wunderlich Securities also from Hold to Buy, increasing their price target from $6 to $8.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Piper Jaffray downgrades Acorda Therapeutics, Inc. (Nasdaq: ACOR) from Neutral to Underweight, cutting their price target from $24 to $16.
Benchmark downgraded ValueClick, Inc (Nasdaq: VCLK) from Buy to Hold. Click Here for more color.
BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) lowered by two firms:
- Deutsche Bank from Buy to Hold, with a $27 price target. Click Here for more color; and
- Deutsche Bank from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
J.P. Morgan initiates coverage on International Paper (NYSE: IP) with a Neutral, and $35 price target.
Jefferies starts Power-One (Nasdaq: PWER) with a Buy rating and a $12 price target. Click Here for more color.
JPMorgan initiates coverage on Boise Inc. (NYSE: BZ) with a Overweight, and price target of $11.50.
Maxim Group initiates Youku.com (NYSE: YOKU) with a Sell rating and a $22 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.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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Credit Suisse, Piper Jaffray, Deutsche Bank, JPMorgan, Jefferies & Co, Robert W Baird, ThinkEquity, RBC Capital, Maxim Group, Notable Analyst Rating Changes, Wunderlich SecuritiesSign up for StreetInsider Free!
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