Notable Analyst Rating Changes 03/11: (ARO) (BBT) (GT) Upgraded; (KR) LDK) (ESLR) Downgraded
UPGRADES
RBC Capital upgrades Aeropostale, Inc. (NYSE: ARO) from Sector Perform to Outperform and a price target increased 4.8% from $21 to $22.
Janney Montgomery Scott upgraded BB&T Capital (NYSE: BBT) from Neutral to Buy, their price target increased from $30 to $33. Click Here for more color.
Morgan Stanley raises Goodyear Tire (NYSE: GT) from Underweight to Overweight, boosting their price target 54% from $13 to $20.
Raymond James ups CIENA (Nasdaq: CIEN) from Underperform to Strong Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Goldman Sachs downgrades Kroger (NYSE: KR) from Buy to Neutral, keeping a $25 price target.
Lazard lowers LDK Solar (NYSE: LDK) from Buy to Hold.
J.P. Morgan downgrades Evergreen Solar Inc. (Nasdaq: ESLR) from Equalweight to Underweight.
RBC cuts CSX (NYSE: CSX) from Outperform to Sector Perform, price target maintained at $81.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
BMO Capital initiates Oracle (Nasdaq: ORCL) with an Outperform rating and a $42 price target.
Goldman Sachs resumes Sara Lee (NYSE: SLE) with a Buy rating and $19 price target. Click Here for more color.
Monness, Crespi, Hardt initiates coverage on Expedia (Nasdaq: EXPE) with a Buy, and price target of $30.
Jefferies starts Immucor (Nasdaq: BLUD) with a Hold rating and $20 price target. Click Here for more color.
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RBC Capital upgrades Aeropostale, Inc. (NYSE: ARO) from Sector Perform to Outperform and a price target increased 4.8% from $21 to $22.
Janney Montgomery Scott upgraded BB&T Capital (NYSE: BBT) from Neutral to Buy, their price target increased from $30 to $33. Click Here for more color.
Morgan Stanley raises Goodyear Tire (NYSE: GT) from Underweight to Overweight, boosting their price target 54% from $13 to $20.
Raymond James ups CIENA (Nasdaq: CIEN) from Underperform to Strong Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Goldman Sachs downgrades Kroger (NYSE: KR) from Buy to Neutral, keeping a $25 price target.
Lazard lowers LDK Solar (NYSE: LDK) from Buy to Hold.
J.P. Morgan downgrades Evergreen Solar Inc. (Nasdaq: ESLR) from Equalweight to Underweight.
RBC cuts CSX (NYSE: CSX) from Outperform to Sector Perform, price target maintained at $81.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
BMO Capital initiates Oracle (Nasdaq: ORCL) with an Outperform rating and a $42 price target.
Goldman Sachs resumes Sara Lee (NYSE: SLE) with a Buy rating and $19 price target. Click Here for more color.
Monness, Crespi, Hardt initiates coverage on Expedia (Nasdaq: EXPE) with a Buy, and price target of $30.
Jefferies starts Immucor (Nasdaq: BLUD) with a Hold rating and $20 price target. Click Here for more color.
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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