Notable Analyst Rating Changes 03/19: (ABT) (PCX) (GPS) Upgraded; (EBAY) (RDC) (S) Downgraded
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UPGRADES
Deutsche Bank upgrades Abbott Labs (NYSE: ABT) to Buy with a price target of $70. Click Here for more color.
Goldman Sachs lifts Patriot Coal (NYSE: PCX) from Sell to Neutral with a price target of $6.50 (down from $8). Click Here for more color.
BMO Capital boosts Gap, Inc. (NYSE: GPS) from Market Perform to Outperform, price target raised from $24 to $34.
Wells Fargo moves E*TRADE (Nasdaq: ETFC) from Market Perform to Outperform, its price target range raised to $13 - $15 from $8 - $10.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Citi downgrades eBay (Nasdaq: EBAY) from Buy to Neutral.
JPMorgan cut Rowan Companies (NYSE: RDC) from Outperform to Neutral, its price target raised $1 to $45.
Bernstein downgraded Sprint (NYSE: S) from Market Perform to Underperform. Click Here for more color.
Longbow Research trims Bed Bath and Beyond (Nasdaq: BBBY) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Barclays initiates Yingli Green Energy (NYSE: YGE) with an Equalweight and $44 price target.
Oppenheimer begins Yum! Brands (NYSE: YUM) with a Outperform rating and $82 price target.
Credit Suisse assumes Pandora (NYSE: P) with a Neutral and $12 target.
EPAM Systems (NYSE: EPAM) started by several firms Monday:
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Deutsche Bank upgrades Abbott Labs (NYSE: ABT) to Buy with a price target of $70. Click Here for more color.
Goldman Sachs lifts Patriot Coal (NYSE: PCX) from Sell to Neutral with a price target of $6.50 (down from $8). Click Here for more color.
BMO Capital boosts Gap, Inc. (NYSE: GPS) from Market Perform to Outperform, price target raised from $24 to $34.
Wells Fargo moves E*TRADE (Nasdaq: ETFC) from Market Perform to Outperform, its price target range raised to $13 - $15 from $8 - $10.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Citi downgrades eBay (Nasdaq: EBAY) from Buy to Neutral.
JPMorgan cut Rowan Companies (NYSE: RDC) from Outperform to Neutral, its price target raised $1 to $45.
Bernstein downgraded Sprint (NYSE: S) from Market Perform to Underperform. Click Here for more color.
Longbow Research trims Bed Bath and Beyond (Nasdaq: BBBY) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Barclays initiates Yingli Green Energy (NYSE: YGE) with an Equalweight and $44 price target.
Oppenheimer begins Yum! Brands (NYSE: YUM) with a Outperform rating and $82 price target.
Credit Suisse assumes Pandora (NYSE: P) with a Neutral and $12 target.
EPAM Systems (NYSE: EPAM) started by several firms Monday:
- UBS with a Buy and $21 target. Click Here for more color;
- Cowen at Outperform;
- Stifel Nicolaus at Buy with a $25 target;
- Barclays with an Overweight and $21 target; and
- Citi with a Buy and $19 target.
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