Notable Analyst Rating Changes 05/12: STZ, MCK, EXEL, DIS Upgraded; APC, ATMI, ETP Downgraded
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UPGRADES
Deutsche Bank upgrades Constellation Brands (NYSE: STZ) from Neutral to Buy. Revises price target to $23. Click Here for more color.
Goldman Sachs upgraded McKesson Corporation (NYSE: MCK) from Neutral to Buy and added the stock to its Conviction Buy list and raised their price target from $70 to $80.
Piper Jaffray & Co. upgrades Exelixis, Inc. (Nasdaq: EXEL) to Overweight from Neutral, with a price target of $7. Click Here for more color.
Citi upgrades Disney (NYSE: DIS) from Sell to Hold, citing valuation.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Oppenheimer downgrades Anadarko Petroleum (NYSE: APC) from Outperform to Perform.
UBS downgrades ATMI, Inc. (Nasdaq: ATMI) from Buy to Neutral. Price target lowered from $24 to $19. Click Here for more color.
Raymond James downgrades Energy Transfer Partners, L.P. (NYSE: ETP) from Strong Buy to Market Perform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
An analyst at Stifel Nicolaus has made the calls on the following Semi stocks this morning:
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Deutsche Bank upgrades Constellation Brands (NYSE: STZ) from Neutral to Buy. Revises price target to $23. Click Here for more color.
Goldman Sachs upgraded McKesson Corporation (NYSE: MCK) from Neutral to Buy and added the stock to its Conviction Buy list and raised their price target from $70 to $80.
Piper Jaffray & Co. upgrades Exelixis, Inc. (Nasdaq: EXEL) to Overweight from Neutral, with a price target of $7. Click Here for more color.
Citi upgrades Disney (NYSE: DIS) from Sell to Hold, citing valuation.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Oppenheimer downgrades Anadarko Petroleum (NYSE: APC) from Outperform to Perform.
UBS downgrades ATMI, Inc. (Nasdaq: ATMI) from Buy to Neutral. Price target lowered from $24 to $19. Click Here for more color.
Raymond James downgrades Energy Transfer Partners, L.P. (NYSE: ETP) from Strong Buy to Market Perform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
An analyst at Stifel Nicolaus has made the calls on the following Semi stocks this morning:
- resumed coverage on Intel (Nasdaq: INTC) with a Buy rating and $30 price target;
- initiated coverage on Texas Instruments (NYSE: TXN) with a Buy and $32 target; and
- resumed coverage on AMD (NYSE: AMD) with a Hold.
- JMP Securities starts with a Market Perform; and
- ThinkEquity initiates with a Buy rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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