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Notable Analyst Rating Changes 05/11: (JNJ) (NTAP) (SYK) Upgraded; (RIMM) (HSP) (SPWRA) Downgraded

May 11, 2011 11:06 AM EDT
UPGRADES
Goldman Sachs upgrades Johnson & Johnson (NYSE: JNJ) from Neutral to Buy. Click Here for more color.

RBC Capital ups NetApp (Nasdaq: NTAP) from Sector Perform to Outperform, increasing its price target from $55 to $70.

Goldman Sachs lifts Stryker (NYSE: SYK) from Neutral to Buy and raised their price target from $64 to $71. Click Here for more color.

Goldman Sachs lifts Becton Dickinson (NYSE: BDX) from Neutral to Buy and raised their price target from $86 to $102. Click Here for more color.

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

DOWNGRADES
Societe Generale lowers Research In Motion Ltd. (Nasdaq: RIMM) from Buy to Hold, with a price target cut about 30 percent from $70 to $50.

UBS downgrades Kimco (NYSE: KIM) from Buy to Neutral. Click Here for more color.

Goldman Sachs reduces Hospira (NYSE: HSP) from Buy to Neutral and cut its price target from $63 to $60. Click Here for more color.

Brigantine Advisors cuts SunPower (Nasdaq: SPWRA) from Buy to Hold.

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

NEW COVERAGE
GNC Corp. (NYSEL GNC) initiated by a slew of firms:
  • Goldman Sachs at Neutral and $22 price target. Click Here for more color;

  • JPMorgan with an Overweight, and $23.50 price target;

  • Morgan Stanley at Overweight, and $23 price target;

  • William Blair with an Outperform;

  • Credit Suisse with an Outperform, and $24 price target; and

  • BMO Capital at Market Perform, and $22 price target.
Nomura starts Las Vegas Sands (NYSE: LVS) with a Neutral rating, and $53 price target.

Credit Suisse initiated coverage on Targa Resources Partners, L.P. (NYSE: NGLS) with a Outperform rating and $40 price target.

Nomura begins Wynn Resorts (Nasdaq: WYNN) at Neutral, and $163 price target.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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Credit Suisse, UBS, William Blair, JPMorgan, Morgan Stanley, BMO Capital, RBC Capital, Nomura, Notable Analyst Rating Changes

Comments

you're sloppy
rich on May 11, 2011 04:41 PM
Mark as Spam

Nomura starts Las Vegas Sands (NYSE: LVS) with a Neutral rating, and $53 price target ---LOOK IT UP AND SEE your own listing. Get an editor that knows english


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