Notable Analyst Rating Changes 05/03: TSO, PNK, IM, CLH Upgraded; GS, PBR, ENP, VMC Downgraded
Tweet Send to a Friend
Get Alerts TSO Hot Sheet
Trade TSO Now!
UPGRADES
Bank of America/Merrill Lynch upgrades Tesoro Corporation (NYSE: TSO) from Neutral to Buy.
Janney Montgomery Scott upgrades Pinnacle Entertainment (NYSE: PNK) from Neutral to Buy. Click Here for more color.
Goldman Sachs upgrades Ingram Micro Inc. (NYSE: IM) from Neutral to Buy and raised their price target form $20 to $24.
Credit Suisse upgrades Clean Harbors (NYSE: CLH) from Neutral to Outperform. Price target from $68 to $74.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Keefe, Bruyette and Woods downgrades Goldman Sachs (NYSE: GS) to Market Perform from Outperform. Click Here for more color.
J.P. Morgan downgrades Petroleo Brasileiro (NYSE: PBR) from Overweight to Neutral.
Raymond James downgrades Encore Energy Partners (NYSE: ENP) from Outperform to Underperform.
UBS downgrades Vulcan Materials (NYSE: VMC) from Buy to Neutral. Price target increased from $62 to $54.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Piper Jaffray initiates coverage on McDonald's (NYSE: MCD) with an Overweight rating and an $85 price target. Click Here for more color.
BofA/Merrill Lynch reinstates coverage on Public Service Enterprise Group (NYSE: PEG) with a Buy rating.
Longbow Research initiates coverage on Fortune Brands (NYSE: FO) with a Neutral.
Calix Networks, Inc. (Nasdaq: CALX) initiated by two firms:
Bank of America/Merrill Lynch upgrades Tesoro Corporation (NYSE: TSO) from Neutral to Buy.
Janney Montgomery Scott upgrades Pinnacle Entertainment (NYSE: PNK) from Neutral to Buy. Click Here for more color.
Goldman Sachs upgrades Ingram Micro Inc. (NYSE: IM) from Neutral to Buy and raised their price target form $20 to $24.
Credit Suisse upgrades Clean Harbors (NYSE: CLH) from Neutral to Outperform. Price target from $68 to $74.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Keefe, Bruyette and Woods downgrades Goldman Sachs (NYSE: GS) to Market Perform from Outperform. Click Here for more color.
J.P. Morgan downgrades Petroleo Brasileiro (NYSE: PBR) from Overweight to Neutral.
Raymond James downgrades Encore Energy Partners (NYSE: ENP) from Outperform to Underperform.
UBS downgrades Vulcan Materials (NYSE: VMC) from Buy to Neutral. Price target increased from $62 to $54.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Piper Jaffray initiates coverage on McDonald's (NYSE: MCD) with an Overweight rating and an $85 price target. Click Here for more color.
BofA/Merrill Lynch reinstates coverage on Public Service Enterprise Group (NYSE: PEG) with a Buy rating.
Longbow Research initiates coverage on Fortune Brands (NYSE: FO) with a Neutral.
Calix Networks, Inc. (Nasdaq: CALX) initiated by two firms:
- Goldman Sachs starts at Buy. Click Here for more color;
- UBS initiates coverage on Calix Networks (Nasdaq: CALX) with a Buy rating, price target of $14.50.
You May Also Be Interested In
- J.P. Morgan (JPM) CEO Dimon Might Have Enough Votes to Stay Chairman - NY Times
- UPDATE: BofA/Merrill Lynch Upgrades J. C. Penney (JCP) to Neutral
Create E-mail Alert Related Categories
Special ReportsRelated Entities
Credit Suisse, Piper Jaffray, UBS, JPMorgan, Raymond James, Merrill Lynch, Bank of America, Janney Montgomery Scott, Longbow Research, Notable Analyst Rating ChangesLogin with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!

Up)