Notable Analyst Rating Changes 03/02: (TXN) (SINA) (YHOO) Upgraded; (CEDC) (GTY) (JBLU) Downgraded
UPGRADES
J.P. Morgan raises Texas Instruments (NYSE: TXN) from Neutral to Overweight, boosting their price target from $27 to $44.
Piper Jaffray upgrades SINA Corporation (Nasdaq: SINA) from Neutral to Overweight, increasing their price target 30.5% from $82 to $107.
Evercore Partners upgrades Yahoo! (Nasdaq: YHOO) from Equalweight to Overweight, maintaining a $22 price target.
Janney Montgomery Scott upgraded Peet's Coffee & Tea (Nasdaq: PEET) from Neutral to Buy, with a $57 fair value. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Nomura Securities downgrades Central European Distribution (Nasdaq: CEDC) from Buy to Neutral, slashing their price target from $28 to $15.
J.P. Morgan downgrades Getty Realty (NYSE: GTY) from Neutral to Underweight, lowering their price target from $26 to $22.
Raymond James lowers JetBlue Airways (Nasdaq: JBLU) from Outperform to Market Perform.
Evercore Partners downgrades eBay (Nasdaq: EBAY) from Overweight to Equal Weight, keeping its $37 price target.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
B. Riley initiates coverage on Google (Nasdaq: GOOG) with a Buy.
ThinkEquity initiates coverage on SuccessFactors (Nasdaq: SFSF) with a Buy, and $42 price target.
Medley Capital (NYSE: MCC) initiated by a gaggle of firms:
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J.P. Morgan raises Texas Instruments (NYSE: TXN) from Neutral to Overweight, boosting their price target from $27 to $44.
Piper Jaffray upgrades SINA Corporation (Nasdaq: SINA) from Neutral to Overweight, increasing their price target 30.5% from $82 to $107.
Evercore Partners upgrades Yahoo! (Nasdaq: YHOO) from Equalweight to Overweight, maintaining a $22 price target.
Janney Montgomery Scott upgraded Peet's Coffee & Tea (Nasdaq: PEET) from Neutral to Buy, with a $57 fair value. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Nomura Securities downgrades Central European Distribution (Nasdaq: CEDC) from Buy to Neutral, slashing their price target from $28 to $15.
J.P. Morgan downgrades Getty Realty (NYSE: GTY) from Neutral to Underweight, lowering their price target from $26 to $22.
Raymond James lowers JetBlue Airways (Nasdaq: JBLU) from Outperform to Market Perform.
Evercore Partners downgrades eBay (Nasdaq: EBAY) from Overweight to Equal Weight, keeping its $37 price target.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
B. Riley initiates coverage on Google (Nasdaq: GOOG) with a Buy.
ThinkEquity initiates coverage on SuccessFactors (Nasdaq: SFSF) with a Buy, and $42 price target.
Medley Capital (NYSE: MCC) initiated by a gaggle of firms:
- UBS at Buy with a $14 price target. Click Here for more color;
- Citi with a Buy and $14 price target;
- Janney Montgomery Scott at Buy, and price target of $14.50. Click Here for more color;
- BB&T Capital with a Buy, and price target of $14;
- Stifel Nicolaus initiates with a Buy; and
- JMP Securities with a Market Outperform, and $14 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.
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Piper Jaffray, Stifel Nicolaus, UBS, JPMorgan, Citi, Raymond James, ThinkEquity, B. Riley, Janney Montgomery Scott, JMP Securities, BB&T Capital Markets, Nomura, Notable Analyst Rating ChangesSign up for StreetInsider Free!
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