Notable Analyst Rating Changes 02/24: (TGT) (DB) (CRUS) Upgraded; (NIHD) (RENN) (TSL) Downgraded
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UPGRADES
Jefferies upgrades Target (NYSE: TGT) from Hold to Buy, its price target moves from $49 to $63. Click Here for more color.
BofA/Merrill Lynch lifts Deutsche Bank (NYSE: DB) from Neutral to Buy.
Goldman Sachs boosts Marriott International (NYSE: MAR) to Conviction Buy, nudging its price target from $41 to $42. Click Here for more color.
Oppenheimer raises Cirrus Logic (Nasdaq: CRUS) from Perform to Outperform with a price target of $28. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
NII Holdings (Nasdaq: NIHD) lowered by two today:
Trina Solar (NYSE: TSL) cut by two today:
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
BofA/Merrill Lynch initiates Westport Innovations (Nasdaq: WPRT) with a Buy.
Barclays starts R.R. Donnelley (Nasdaq: RRD) with an Overweight and $16 price target.
Stifel Nicolaus assumes Knight Capital Group (NYSE: KCG) with a Buy and $16 price target.
Morgan Stanley begins Nike (NYSE: NKE) with a Equalweight.
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Jefferies upgrades Target (NYSE: TGT) from Hold to Buy, its price target moves from $49 to $63. Click Here for more color.
BofA/Merrill Lynch lifts Deutsche Bank (NYSE: DB) from Neutral to Buy.
Goldman Sachs boosts Marriott International (NYSE: MAR) to Conviction Buy, nudging its price target from $41 to $42. Click Here for more color.
Oppenheimer raises Cirrus Logic (Nasdaq: CRUS) from Perform to Outperform with a price target of $28. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
NII Holdings (Nasdaq: NIHD) lowered by two today:
- J.P. Morgan from Overweight to Neutral, its price target lowered from $35 to $22; and
- BofA/Merrill Lynch from Buy to Underperform.
Trina Solar (NYSE: TSL) cut by two today:
- Wells Fargo from Outperform to Market Perform, price target range lowered from $8 to $9 to a range of $7 to $8. Click Here for more color; and
- Susquehanna from Neutral to Negative, its price target moves from $6 to $5.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
BofA/Merrill Lynch initiates Westport Innovations (Nasdaq: WPRT) with a Buy.
Barclays starts R.R. Donnelley (Nasdaq: RRD) with an Overweight and $16 price target.
Stifel Nicolaus assumes Knight Capital Group (NYSE: KCG) with a Buy and $16 price target.
Morgan Stanley begins Nike (NYSE: NKE) with a Equalweight.
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