Notable Analyst Rating Changes 05/15: (AMZN) (AKAM) (JNPR) Upgraded; (AMAT) (TMO) (XEL) Downgraded
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UPGRADES
Credit Suisse upgrades Amazon.com (Nasdaq: AMZN) from Neutral to Outperform with a price target of $270 (up from $190).
BofA/Merrill Lynch boosts Juniper Networks (NYSE: JNPR) from Neutral to Buy.
Janney Montgomery Scott lifts Akamai Technologies (Nasdaq: AKAM) from Neutral to Buy with a price target of $35.
Stifel Nicolaus raises Hartford Financial Services (NYSE: HIG) from Hold to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Needham & Company downgrades Applied Materials (Nasdaq: AMAT) from Buy to Hold. Click Here for more color.
Mizuho Securities lowers Thermo Fisher Scientific (NYSE: TMO) from Buy to Neutral.
Jefferies reduces Xcel Energy (NYSE: XEL) from Buy to Hold with a price target of $29 (down from $30) on valuation. Click Here for more color.
Argus cuts Prudential Financial (NYSE: PRU) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Citi initiates Phillips 66 (NYSE: PSX) at Buy.
Morgan Stanley begins Infoblox (NYSE: BLOX) with a Equalweight.
Deutsche Bank commences Marriott International (NYSE: MAR) with a Hold and $44 price target. Click Here for more color.
Topeka Capital initiates coverage on eBay (Nasdaq: EBAY) with a Hold and price target of $45.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Credit Suisse upgrades Amazon.com (Nasdaq: AMZN) from Neutral to Outperform with a price target of $270 (up from $190).
BofA/Merrill Lynch boosts Juniper Networks (NYSE: JNPR) from Neutral to Buy.
Janney Montgomery Scott lifts Akamai Technologies (Nasdaq: AKAM) from Neutral to Buy with a price target of $35.
Stifel Nicolaus raises Hartford Financial Services (NYSE: HIG) from Hold to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Needham & Company downgrades Applied Materials (Nasdaq: AMAT) from Buy to Hold. Click Here for more color.
Mizuho Securities lowers Thermo Fisher Scientific (NYSE: TMO) from Buy to Neutral.
Jefferies reduces Xcel Energy (NYSE: XEL) from Buy to Hold with a price target of $29 (down from $30) on valuation. Click Here for more color.
Argus cuts Prudential Financial (NYSE: PRU) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Citi initiates Phillips 66 (NYSE: PSX) at Buy.
Morgan Stanley begins Infoblox (NYSE: BLOX) with a Equalweight.
Deutsche Bank commences Marriott International (NYSE: MAR) with a Hold and $44 price target. Click Here for more color.
Topeka Capital initiates coverage on eBay (Nasdaq: EBAY) with a Hold and price target of $45.
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
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Credit Suisse, Stifel Nicolaus, Deutsche Bank, Citi, Morgan Stanley, Jefferies & Co, Merrill Lynch, Needham & Company, Bank of America, Janney Montgomery Scott, Argus, Notable Analyst Rating Changes
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