Notable Analyst Rating Changes 02/26: RST, AZN/GSK, CHA/CHU, OSIS, LAMR Upgraded; PALM, DPS, ATHN, FLR, MOT Downgraded
UPGRADES
Jefferies & Co upgrades Rosetta Stone (NYSE: RST) from Hold to Buy. Price target raised from $24 to $29.
Goldman Sachs upgrades two pharma's from Sell to Neutral:
Morgan Keegan upgrades OSI Systems (NASDAQ: OSIS) from Market Perform to Outperform.
Lamar Advertising (NASDAQ: LAMR) gets two upgrades today:
DOWNGRADES
Palm, Inc. (NASDAQ: PALM) gets two more downgrades this morning;
athenahealth (NASDAQ: ATHN) also gets two downgrades today:
UBS downgrades Motorola (NYSE: MOT) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Goldman Sachs initiates coverage J. M. Smucker Company (NYSE: SJM) with a Neutral rating and $67 price target.
Deutsche Bank reinstates coverage on Kraft Foods (NYSE: KFT) with a Hold rating. Price target $31. Click Here for more color.
Leerink Swann initiates coverage on Sanofi-Aventis (NYSE: SNY) with an Outperform rating.
Morgan Stanley initiates coverage on Canadian Solar (NASDAQ: CSIQ) with an Overweight rating. Price target $25.60.
Stifel Nicolaus initiates coverage RF Micro Devices (NASDAQ: RFMD) with a Hold rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Jefferies & Co upgrades Rosetta Stone (NYSE: RST) from Hold to Buy. Price target raised from $24 to $29.
Goldman Sachs upgrades two pharma's from Sell to Neutral:
- AstraZeneca plc (NYSE: AZN); and
- GlaxoSmithKline plc (NYSE: GSK). Click Here for more color.
Morgan Keegan upgrades OSI Systems (NASDAQ: OSIS) from Market Perform to Outperform.
Lamar Advertising (NASDAQ: LAMR) gets two upgrades today:
- J.P. Morgan to Overweight from Neutral and a price target increased to $36 from $33 prior;
- Gabelli upgrades to Buy from Hold.
DOWNGRADES
Palm, Inc. (NASDAQ: PALM) gets two more downgrades this morning;
- UBS downgrades to Sell from Neutral, and slashes their price target to $4.50 from $10; and
- Kaufman Bros. downgrades from Buy to Hold with a price target lowered from $16 to $7.50. Click Here for more color.
athenahealth (NASDAQ: ATHN) also gets two downgrades today:
- Baird downgrades from Outperform to Neutral, cuts price target from $52 to $35.
- JMP Securities downgrades from Market Outperform to Market Perform.
UBS downgrades Motorola (NYSE: MOT) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Goldman Sachs initiates coverage J. M. Smucker Company (NYSE: SJM) with a Neutral rating and $67 price target.
Deutsche Bank reinstates coverage on Kraft Foods (NYSE: KFT) with a Hold rating. Price target $31. Click Here for more color.
Leerink Swann initiates coverage on Sanofi-Aventis (NYSE: SNY) with an Outperform rating.
Morgan Stanley initiates coverage on Canadian Solar (NASDAQ: CSIQ) with an Overweight rating. Price target $25.60.
Stifel Nicolaus initiates coverage RF Micro Devices (NASDAQ: RFMD) with a Hold rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Stifel Nicolaus, Deutsche Bank, UBS, JPMorgan, Kaufman Bros., Morgan Stanley, Jefferies & Co, Robert W Baird, JMP Securities, Morgan Keegan & Company, Notable Analyst Rating ChangesSign up for StreetInsider Free!
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