Notable Analyst Rating Changes 05/08: (VRTX) (XCO) (EA) Upgraded; (EP) (BP) (AMX) Downgraded

Article Stock Quotes (12) Comments (0)

UPGRADES
Vertex (Nasdaq: VRTX) upgraded by three today:

• Morgan Stanley from Underweight to Equalweight;
  
  
• Needham & Company from Hold to Buy with a price target of $65. Click Here for more color; and
  
  
• Wells Fargo from Market Perform to Outperform, its price target range moved from $40 - $44 to $68 - $72. Click Here for more color.

KeyBanc lifts EXCO Resources (NYSE: XCO) from Hold to Buy with a price target of $10. Click Here for more color.

Needham & Company raises Electronic Arts (Nasdaq: EA) from Hold to Buy with a price target of $22. Click Here for more color.

Baird boosts Cognizant Technology Solutions (Nasdaq: CTSH) from Neutral to Outperform with a price target of $76.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Atlantic Equities cuts El Paso Corp (NYSE: EP) from Overweight to Underweight, its price target raised from $29 to $31.

Barclays reduces BP (NYSE: BP) from Equalweight to Underweight.

Scotia Capital downgrades America Movil (NYSE: AMX) from Sector Perform to Underperform with a price target of $25.

Leerink Swann lowers Dendreon (Nasdaq: DNDN) from Outperform to Market Perform with a price target of $13. Click Here for more color.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Millennial Media (NYSE: MM) started by three firms

• Morgan Stanley with a Equalweight and $17 target;
  
  
• Stifel Nicolaus with a Hold;
  
  
• Barclays at Equalweight and $17 target.

ISI Group initiates Pepco Holdings (NYSE: POM) with a Hold and $19.50 target.

Raymond James assumes Accenture plc (NYSE: ACN) with an Outperform and price target of $72.

Raymond James begins Computer Sciences (NYSE: CSC) with a Market Perform.

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.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Morgan Stanley Maintains Bullish Stance on Walter Energy (WLT)
• UPDATE: Herbalife (HLF) Sees Intra-Day Pressure
• UPDATE: MannKind Corp. (MNKD) Crashes

Create E-mail Alert Related Categories

Special Reports

Related Entities

Stifel Nicolaus, KeyBanc, Raymond James, Morgan Stanley, Robert W Baird, Needham & Company, Barclays, Notable Analyst Rating Changes, Wells Fargo

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?